The sale of English Premier League side Blackburn Rovers to Indian poultry firm Venky's has been completed, the club announced in a statement on Friday. The statement on Blackburn's official website said the club's holding company had sold its 99.9 percent shareholding in Rovers to Venky's London Limited, a newly formed company owned by the Rao family of India.
"The board of Blackburn Rovers Football and Athletic plc today announces the sale by BRFC Investments Limited (a company indirectly wholly owned by the Jack Walker 1987 Settlement) of its 99.9 per cent shareholding in BRF&A to Venky's London Limited," the statement said. Venky's had completed the deal for 23 million pounds or 17.17 pence per share, the statement said.
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