Venky's Blackburn Rovers deal on track (From Lancashire Telegraph)
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Venky's Blackburn Rovers deal on track
9:53am Thursday 4th November 2010 in Football
By Andy Cryer
, Blackburn Rovers reporter
BLACKBURN Rovers are not anticipating anything derailing Venky’s takeover bid as they continue to prepare themselves for coming under the control of new owners.
The Lancashire Telegraph understands the Indian poultry giants won’t be confirmed as the new owners before the weekend but both parties remain ‘very confident’ the deal will go through in the next couple of weeks.
Interviews with Venky’s owner last week, Anuradha Desai, raised hopes the deal would be signed today but it is believed these claims were too optimistic - with a number of technicalities still to be sorted.
There is not understood to be any problem though with the principle details already sorted and just minor negotiations now to be had.
Venky’s and Rovers are opting to stay tight-lipped now until the deal has been signed, with a number of questions still to be answered about their future vision for the club.
It is understood neither party are concerned about Saurin Shah seeking legal advice over the deal, after the rival bidder claimed he was the one who intitially approached Venky’s to back his own bid.
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