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Indian businessman buys Spanish Football Club Racing Santander


Indian tycoon Ahsan Ali Syed confirmed Thursday he plans to buy indebted Primera Liga side Racing Santander, reportedly for 30-40 million euros (40-54 million dollars).
Syed made a bid in August last year for English Premier League club Blackburn Rovers but failed to reach agreement in negotiations for a reported 300-million-pound ($480 million) takeover.

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