Oct 26, 2010

Indian company Venky's to buy Blackburn

Indian company Venky's to buy blackburn


Indian company Venky's agree deal to buy Blackburn Football club in EPL.
"we expect to complete the deal soon"said Venky's.

Venky's is the Pune based poultry giant Venkateshawar hatcheries earlier known as Western Hatcheries ltd. was established in 1976 mainly to produce chicks for poultry market in North India.

It is said that VH group is likely to pay 40 million pounds to buy the team.If the deal gets finalised then this will be the first Indian company to buy an English premier club.

Several meetings and dicussions have been took place between the premier league and Venky's.
John Williams the chairman of Rovers said the deal is close to completion and things will be finalised through next month.

Venky's is the largest Asian poultry group which specialises in poultry farming and pharmaceuticals.

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