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Dublin: 17 °C Friday 10 July, 2020

Prospective Blackburn buyer left debt trail in UK

Indian businessman has outstanding debts including rent and court judgements left following earlier UK stay.

AHSAN ALI SYED, the Indian businessman who had hoped to take over Blackburn Rovers has thousands of pounds of unpaid debt left in the UK.

A county court judgement of £61,500, £7.800 in unpaid rent and nearly £1000 in unpaid council tax are still to be payed, after Ali left the UK in 2005.

Ali lived in Colchester, Essex and London’s West End for four years between 2001 and 2005. His letting agent in London, Abdur Karim Ali, told BBC News that Ali “was a very good tenant, very quiet, until 2004 and he started delaying paying his rent.”

The Indian Tycoon was last week forced to close his foreign investment company, Western Gulf Advisory (WGA),  based in Bahrain. Bahraini authorities said they closed  Syed’s company for “violating the laws and regulations of Bahrain”.

Syed insisted “we will prove the doubters wrong when we buy the club” and denied that his company was forced to close down following the 5 Live Investigates programme on Monday.

A spokesperson for Syed branded the stories “rumours” when speaking to the Lancashire Telegraph.

“With Blackburn Rovers, there has been great interest from media all over the world and the Bahrain authorities have approached us and asked for clarification about our investments and what is coming from European entities and what has been purchased from Bahrain. It is fair enough the authorities are seeking clarification because there have been so many stories about us. We have no problems with that… These rumours will only stop once we prove we are a good owner and that we have the sufficient funds.”

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