Blackburn takeover clique hoping for an inoculation of cash into the association may have to stay a little longer subsequent to the businessman at the back of a £300m takeover was apparently planned to shut down his foreign investment group.
The reliability of Ahsan Ali Syed has been thronged into question since he was informed to crease his Bahrain-based firm, the Western Gulf Advisory, as per the BBC's Radio 5 Live explores. The Bahraini establishment finished the demand to close down trading two weeks back for infringing the laws and rules of Bahrain.
An Indian national, Syed, settled in Bahrain, expressed his projected procurement of Blackburn will be finished as a personal investment and throughout his correspondingly named company Western Gulf Advisory AG, settled in Zug, Switzerland.
Nevertheless, the disclosure regarding his Bahrain investment wing will hoist questions vis-à-vis his aptness as a club owner.
Radio 5 live Investigates presenters, Adrian Goldberg, expressed that they have been informed by a spokesperson within the Bahraini government that proceedings was taken due to the authority’s doubt his company has been performing on behalf of a concealed investor.