The Indian businessman hoping to take over Blackburn Rovers has left a trail of unpaid debt in the UK.
“He was a very good tenant, very quiet ... until he started delaying paying his rent”
Records show Ahsan Ali Syed has failed to pay a county court judgement of £61,500. Other debts include £7,800 in unpaid rent and nearly £1,000 in unpaid council tax.
Mr Ali is also listed as director of two UK companies which were dissolved for non-compliance.
Full story
http://www.bbc.co.uk/news/business-11163004
Apparantly this guy has close on $2 billion, and Blackburn are £20 million in debt
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How would we balance the joy of survival/investment with the air of seediness it might be associated with?
But then again those 'rich mens plaything' club's fans seem happy enough with the promotions and better players in front of them.
What a quandary
Does it mean the covered end will end up in Welling, will we go along for the ride and the view, thamkful to still be in business, or will principles over-rule a lifelong habit, as your chelsea fans have found.
An odd thing to be considering as we face a season of mediocre fare just below where most observers think is our natural equilibrium in English Football.
Excellent rant. Best post on here in a long time.
Isn't there like a 50% tax rate in England for the higher earners? But I guess most of them just go overseas anyways, god knows enough Irish do it.
Many of the highest earners in this country pay very little tax due to the way their affairs are organised with off shore companies, trust funds etc,. Whist it is illegal to evade tax it is perfectly legal to avoid tax and the very rich employ exceptionally good accountants to avoid paying personal and corporate tax.
Surely people who HAVE been there wouldnt say how much they loved it?
There seem to be a lot of chancers and shysters knocking about that fancy the idea of owning a football club, but have nothing more than a big overdraft to finance buying one!
Then he added that he'd never been there. In fairness, when he said he loved Blackburn I think he was referring to the team - but nonetheless ........
a team managed by Sam Allardyce. He's obviously not a fan of football then!