BLACKBURN Rovers are awaiting a visit from their prospective buyers as the takeover process looks set to gather pace this week.
Indian tycoon Ahsan Ali Syed is understood to have almost completed his own due diligence on the club’s finances and the next stage would involve talks between the parties at Ewood Park.
Ali signed a Memorandum of Understanding a month ago, which gave him a month’s period of exclusivity, but the expiry of that date today is understood to not be highly significant.
Since the high profile Ewood visit of his team of negotiators to start the due diligence process, Rovers and Ali’s camps have not met again but will do for the process to progress.
The Lancashire Telegraph understand no firm date has yet been made for a visit but, once their due diligence is complete, Rovers are expecting more face-to-face talks.
The club’s own investigations into the Indian businessman, who is head of Western Gulf Advisory investment firm, are ongoing as they look into his finances and motives for buying the club.
This would all be involved in the next round of talks as efforts to agree a deal continue and only then would Ali undergo the Premier League's 'fit and proper' owners test.
He does face competition for control of Rovers though, with at least three other bidders believed to be in talks, and the next seven days though could prove pivotal for front runner Ali.
Rival bidder Mumbai-businessman Saurin Shah is understood to be ready to enter into his own period of due diligence on the club but will wait another week before starting the process.
Shah has already conceded he could not compete with Ali's promised £300million investment but does believe he could secure the club a bright future.
With Ali's bid at a more advanced stage though, Shah is not willing to commit in the region of £250,000 to enter due diligence to then find he is fighting a losing battle.
Should Ali fail to make significant progress in the next seven days, he is ready to give his lawyers the green light to start due diligence.
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