Blackburn worth £300m ?
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Ahsan Ali Syed to complete due diligence process into proposed Blackburn takeover but is alleged to have several unpaid debts
Interested party: Ahsan Ali Syed - founder of Western Gulf Advisory - wants Blackburn
Ahsan Ali Syed is expected to complete the due diligence process into his proposed £300m takeover of Blackburn this week amid allegations he has several unpaid debts in the UK.
A BBC report claims Syed left unpaid debt in England between 2001 and 2005.
These include a failure to settle a £61,500 county court judgment made against him in 2007, unpaid rent of approximately £7,800 on a flat he vacated in May 2005 and unpaid council tax totalling £932.25.
Syed, who founded the investment company Western Gulf Advisory, declined the opportunity to comment.