Indian company Venkys to buy Blackburn Rovers

[mastana]

Indian company Venkys to buy Blackburn Rovers

NEW DELHI: India based Venkateshwara Hatcheries alias Venkys group has agreed in principal to buy Blackburn Rovers football club in the English Premier League. If the deal goes through, Venkys will become the first Indian firm to own a Premier League club. Venkys, which specialises in poultry farming and pharmaceuticals, has held several meetings with Rovers and the Premier League. John Williams, Chairman, Blackburn Rovers said, "A series of meetings, including discussions with the Premier League, have followed an extensive due diligence process. Both parties are hopeful that the transaction will be completed in November." Anuradha J Desai, Chairperson, Venkys added, "We expect to be the first Indian company to acquire a Premier League team and we are particularly delighted that the team is Blackburn Rovers, with whom we believe we have many shared values and ambitions."

http://timesofindia.indiatimes.com/sports/football/english-premier-league/top-stories/top-stories/Indian-company-Venkys-to-buy-Blackburn-Rovers/articleshow/6814302.cms :aha: :aha:

[Sachinism]

Oh how Blackburn will be teased

[Gunner_Mania]

This is the 3rd Indian company looking at Rovers. Two of them earlier had negotiations and nothing came out of it.

[lonestarranger]

To be honest, I hadn't even heard of the company before the news broke out.

[jusarrived]

To be honest' date=' I hadn't even heard of the company before the news broke out.[/quote'] IIRC they wer one of the sponserers in last ICL , the team jerseys had their logo I think

[hari504504]

Mission Accomplished !! http://news.bbc.co.uk/sport2/hi/football/teams/b/blackburn_rovers/9210221.stm Wonder if Chhetri will get a trial there now.. think Blackburn is better than Kansas City