In brief: Blackburn suitor pledges £100m
THE Indian investor plotting the takeover of Blackburn Rovers says he will give Sam Allardyce up to £100m in transfer funds as part of a £300m 15-year investment at Ewood Park.
A team of negotiators from Ahsan Ali Syed's company Western Gulf Advisory arrived at the club yesterday hoping to secure agreement on a four-week exclusive negotiation period.
Syed, who is the heir to a family fortune estimated at £5bn says he has targeted Blackburn because of his "passion" for the club and the English game, and is not seeking a quick return on his investment.
The 36-year-old, who has never been to Blackburn and declined to discuss his favourite players, said that if he was successful he would begin his reign by backing Allardyce with funds to consolidate the club's Premier League status.
Gunners set to make fresh Schwarzer bid
ARSENAL are preparing a fresh bid for Mark Schwarzer, although the deal may now hinge on whether Fulham can convince Shay Given to be reunited with Mark Hughes, his former Manchester City manager.
Despite having had a £2m bid turned down, Schwarzer remains Arsene Wenger's main goalkeeping target, with the club encouraged by his decision last week to put in a formal transfer request at Fulham.
Santa Cruz poised for Eastlands exit
manchester city's need to shed a third of their squad in order to meet Premier League requirements may see forward Roque Santa Cruz depart for West Ham after just one season at Eastlands.
City manager Roberto Mancini has to reduce his squad -- currently standing at 39 players -- to meet the new 25-man quota guidelines, which come into force at the end of the month.
Liverpool decide not to appeal Cole red
Liverpool have decided not to appeal against Joe Cole's sending-off in the 1-1 draw with Arsenal and the midfield player will serve a three-game ban.
Cole will miss Liverpool's Premier League matches against Manchester City, West Bromwich Albion and Birmingham City after he was sent off for a foul on Laurent Koscielny.
Blades to unveil Speed as new boss
Sheffield United are poised to unveil Gary Speed as their new manager today in succession to Kevin Blackwell, who left the club by mutual consent after last Saturday's 3-0 home defeat by QPR.