Khan: I am prepared to help Blackburn Rovers takeover plans (From Asian Image)
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Khan: I am prepared to help Blackburn Rovers takeover plans
11:50am Saturday 12th May 2012 in Sport
By Chris Flanagan, Sports reporter
FORMER Accrington Stanley chairman Ilyas Khan says he would be ‘honoured’ to help a local consortium take control of Blackburn Rovers – if Venky’s decide they want to sell.
Khan provided the funds to rescue Stanley from winding up proceedings over an unpaid £308,000 tax bill in 2009 but stepped down as chairman at the club’s annual general meeting last week.
A lifelong Accrington fan, the multi-millionaire investment banker estimates that he has put around £2m into Stanley but had always insisted that he did not want to be chairman long term.
He is also now in the process of giving away his sizeable stake in the clubs, another thing he had long since said he wanted to do.
And Khan has now had dialogue with Seneca about helping them buy Rovers, telling the Lancashire Telegraph that he would be willing to play some part in any takeover.
“A local consortium approached me at the weekend asking if I would head the consortium and maybe be their first chairman,” said the 49-year-old, who is now based in Surrey.
“I don’t think that Venky’s are sellers but if they ever were to sell then, yes, I would be honoured to help. As a Lancastrian, I was gutted to see Blackburn Rovers relegated.
“I am a Stanley fan but over the years Blackburn Rovers have always been very good to us.”
Khan would be joined by a number of other investors if any takeover of Rovers was able to come to fruition. His Stanley shares are due to go to a number of investors, soon to be announced under new chairman Peter Marsden, as well as existing shareholders – including those who have bought a stake in a recent share issue, which has raised £200,000.
He will remain in close contact with Stanley, possibly providing further financial assistance if required, and remains committed to funding a new stadium for the club at some point in the future.
“I will still be around should God forbid they need me to help them,” he said. “And in some ways my stepping down may enhance the possibility of the stadium because capital can now go into the development.
“But it will take time. It would be dependent on the council and a commercial partner.
“I would think it is around £2m that I have put into the club. Most of that has been in donations.
“The loans are around £500,000 but that is only a quarter of what I have put in. If the club are in a position to repay loans then fantastic but that is not a priority.
“It has been the plan for two or three years to step down.
“I wanted to do the share issue when we could use the money constructively and not to repay old debt. Around 2,000 have been sold, which is very pleasing.”
Comments(29)
Keep Darwen Green
says...
11:59am Sat 12 May 12
craftandgraft
says...
12:04pm Sat 12 May 12
Arte et Labore
Dukes
says...
12:08pm Sat 12 May 12
Keep Darwen Green
says...
12:16pm Sat 12 May 12
beardy1967 wrote:Do you mind, I nearly drowned on mi brew from laughing when I read your comment!!!! Its coming down mi nose.
great headline if he helps us against chicken s.h.a.g.g.e.r.s
THE WRATH OF KHAN
my accy mates say he is a real top guy
rovertakenmb
says...
12:28pm Sat 12 May 12
www.rovertaken.co.uk
smellthecoffee
says...
12:30pm Sat 12 May 12
.
I sense we could be on the verge of one of the biggest corruption stories in football history.
rovertakenmb
says...
12:30pm Sat 12 May 12
rovertakenmb wrote:I meant "league". It's my keyboards fault. It has took some hammer in the last 9 months. Don't worry, no spelling mistakes in the book.
His knowledge of the lower legue's could come in handy. www.rovertaken.co.uk
www.rovertaken.co.uk
JPB
says...
12:35pm Sat 12 May 12
BashirShah
says...
12:35pm Sat 12 May 12
petergray
says...
12:39pm Sat 12 May 12
Somehow they must be shamed out of our club or have their brand made to suffer.
The battle needs to be taken closer to home for them - target the media in all their emerging markets and make Rovers a Millstone round their scrawny chicken necks that they no longer want to bear.
philmoulden
says...
12:49pm Sat 12 May 12
VENKYS OUT ,KEAN OUT ,ANDERSON OUT
beardy1967
says...
1:28pm Sat 12 May 12
om/watch?v=xx6wrIbKq
aM
the needs of the many
outweigh the needs of the few
johnny rover
says...
1:39pm Sat 12 May 12
philmoulden wrote:Absolutely right. If Venky's don't want to sell (at least not unless they get a good profit) and they still want to promote football in India through Rovers it would seem in their best interests to get more capital and expertise by joining together with Seneca/Kahn et al. Then bring in BRIST so there is like a three part coalition - Venky's/local business investors/fans. Problem is it sound too much like common sense and that is a commodity that is distinctly lacking in the Rao family.
lots of people showing and interest ,dave whelan who stated he would like to advise them and help in any way shape or form , brsit and seneca ,,why dont the lot put heads together .
VENKYS OUT ,KEAN OUT ,ANDERSON OUT
flagstone
says...
1:51pm Sat 12 May 12
flagstone
says...
1:53pm Sat 12 May 12
kazz
says...
2:26pm Sat 12 May 12
madari
says...
5:13pm Sat 12 May 12
What you ignorant bafoons dont realise is that Mr Khan is Pakistani, and what do you think the Media in India will make of the Venkys capitulating to a Pakistani guy...hahahahahaha!! dreams are freee keep dreaming !! Down we go !!!!!
CTID
Burnley59/60
says...
6:01pm Sat 12 May 12
kazz wrote:Stupid Comment Mate Im a Claret as you are but this is not the time for Banter,do you want to see the Rovers Broken? Never again to watch our team take them on think !!!!!!!!!!!! and Mr Khan Is As Lancashire and British as they come,he loves Accy and I have total respect for him.
I still think if venkys end their association with kean and anderson they could prove to be the right owners. They have been ill advised left right centre by these bstards
Burnley59/60
says...
6:02pm Sat 12 May 12
madari wrote:I meant this comment
Madari the snake charmer says: What you ignorant bafoons dont realise is that Mr Khan is Pakistani, and what do you think the Media in India will make of the Venkys capitulating to a Pakistani guy...hahahahahaha!! dreams are freee keep dreaming !! Down we go !!!!! CTID
makaveli96
says...
7:07pm Sat 12 May 12
madari
says...
7:17pm Sat 12 May 12
Burnley59/60 wrote:Madari the snake charmer says:
madari wrote: Madari the snake charmer says: What you ignorant bafoons dont realise is that Mr Khan is Pakistani, and what do you think the Media in India will make of the Venkys capitulating to a Pakistani guy...hahahahahaha!! dreams are freee keep dreaming !! Down we go !!!!! CTIDI meant this comment
Mr Khan may consider himself a `lancashire lad` or British for that matter--you try convincing the Indians in India and they will laugh at you ...Mr Khan in India is regarded as a Pakistani...believe me the madari knows best.
johnny rover
says...
8:12pm Sat 12 May 12
madari wrote:Before madarai calls others "bafoons" perhaps he should learn how to spell. He should also learn that neither "joining together with" nor "putting heads together" means anything like ""capitulating to". And perhaps he should also realise not everyone from India is a racist bigot who despises anyone who has roots in Pakistan.
Burnley59/60 wrote:Madari the snake charmer says:
madari wrote: Madari the snake charmer says: What you ignorant bafoons dont realise is that Mr Khan is Pakistani, and what do you think the Media in India will make of the Venkys capitulating to a Pakistani guy...hahahahahaha!! dreams are freee keep dreaming !! Down we go !!!!! CTIDI meant this comment
Mr Khan may consider himself a `lancashire lad` or British for that matter--you try convincing the Indians in India and they will laugh at you ...Mr Khan in India is regarded as a Pakistani...believe me the madari knows best.
rovers1979
says...
8:32pm Sat 12 May 12
samsno2millfan
says...
9:05pm Sat 12 May 12
madari wrote:Everyone in India knows Mr Khan? He must have one hell of a Xmas card list - oh, sorry, forgot.
Burnley59/60 wrote:Madari the snake charmer says: Mr Khan may consider himself a `lancashire lad` or British for that matter--you try convincing the Indians in India and they will laugh at you ...Mr Khan in India is regarded as a Pakistani...believe me the madari knows best.madari wrote: Madari the snake charmer says: What you ignorant bafoons dont realise is that Mr Khan is Pakistani, and what do you think the Media in India will make of the Venkys capitulating to a Pakistani guy...hahahahahaha!! dreams are freee keep dreaming !! Down we go !!!!! CTIDI meant this comment
As you know so much about the sub-continent, you'll also be aware nobody in India gives a flying f@ck about Venkys and their ownership of Rovers.
If they end up making money out of it, it would be seen as a victory for them.
Ovais789
says...
2:02am Sun 13 May 12
Coeur de Lion
says...
2:09pm Sun 13 May 12
Ovais789 wrote:He's got fed up with wrecking kiddies play areas in Earby.
Madari the snake sh4gger, you're one retarded d1ck!!!
bulldogbrfc
says...
8:03pm Sun 13 May 12
madari wrote:& yes you did dream for one season ... rtid
Madari the snake charmer says:
What you ignorant bafoons dont realise is that Mr Khan is Pakistani, and what do you think the Media in India will make of the Venkys capitulating to a Pakistani guy...hahahahahaha!! dreams are freee keep dreaming !! Down we go !!!!!
CTID
yamthejam
says...
6:18am Mon 14 May 12
VENKYS FOR ROVERS
beardy1967 says...
11:58am Sat 12 May 12
THE WRATH OF KHAN
my accy mates say he is a real top guy