Soccer:Blackburn are expected to have just €5.8 million to spend on new players should their proposed takeover be completed.
Rovers are set to be taken over by Venkateshwara Hatcheries, better known as Venky's, a group that will become the first Indian company to own a Premier League club. But fans expecting the Ewood Park outfit to splash the cash if the takeover is completed are likely to be disappointed.
Venky's chairperson Anuradha J. Desai will make just €5.8 million available for players, claiming they do not expect to compete in the Premier League's top five.
"We will pump in whatever is needed but the main thing is to get the club back into good shape," Desai said. "This is an investment and it will grow on its own strength. We won't need to buy expensive players, we can always lease (loan) them.
"We don't expect to be in the top five of the Premier League. We will be happy to be in the top 10-12."
Meanwhile, Venky's joint managing director Venkatesh Rao is expecting the deal to be completed in the next 10 days.
"It is very much confirmed," he said. "In the next 10 days we will be announcing it formally. We are not here to compare with anybody. It's one of the very prestigious, oldest and very well-run clubs. We are looking very positively.”
Blackburn are currently 17th in the Premier League and face a tough task when champions Chelsea travel to Ewood Park on Saturday.