Blackburn will not embark on sudden spending spree if a takeover of the club proves successful, according to manager Sam Allardyce.

Indian businessman Ahsan Ali Syed is keen to buy Rovers before the transfer window shuts on 31 August and has promised up to £100m for new players.

"I have to persuade the new owners - if it happens - that we have got to do it relatively slowly," said Allardyce.

"Not 'bang, bang, bang, bang. That is a little too quick to turn a club round."

Syed wants to strengthen Allardyce's hand in the transfer market immediately after a successful takeover, but the former Bolton and Newcastle boss is wary of spending any potential windfall too quickly.

606: DEBATE I don't want far out riches coming in and us ending up like Manchester City We Were Dead Before The Ship Even Sank

"Even though we might have millions and millions to spend, we still have to negotiate the right price and not overspend for a player that is not worth the money," said Allardyce.

"If we have paid £10m or £20m for him and the fans see him on the pitch and say that he is not worth it, then straight away you are going to have a negative response to the money we have spent."

The sudden injection of foreign owners' wealth into the domestic game has been criticised by Manchester United manager Sir Alex Ferguson and his Arsenal counterpart Arsene Wenger.

Ferguson recently questioned the effects of "kamikaze spending" while Wenger described such sprees as "financial doping".

Abu Dhabi United Group sanctioned a British record transfer fee of £32.5m to bring Brazilian playmaker Robinho to Manchester City just hours after taking control of the club on the final day of the transfer window in 2008.

But Allardyce is sure there will be no such dramatic statement of intent from Ewood Park.

"The chairman says to me it would be almost impossible to think that any of that money might be available before the end of this window," he stated.

Blackburn won the Premier League title in 1995 after big-money signings such as Alan Shearer and Chris Sutton were bankrolled by local businessman Jack Walker.

Allardyce admits a return to affluence increased could bring "great success" to the club in the long-term.

"If it becomes a reality, that would be obviously very, very exciting," he added.

E-mail this to a friend

Printable version