Western Gulf Advisory
Encyclopedia
Western Gulf Advisory is an asset management company based in Bahrain
Bahrain
' , officially the Kingdom of Bahrain , is a small island state near the western shores of the Persian Gulf. It is ruled by the Al Khalifa royal family. The population in 2010 stood at 1,214,705, including 235,108 non-nationals. Formerly an emirate, Bahrain was declared a kingdom in 2002.Bahrain is...

 and Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

. It was founded by Ahsan Ali Syed, an Indian businessman.

He left England in 2004. In 2008 Ahsan Ali Syed had $8b and formed Western Gulf Advisory. Another employee of Western Gulf Advisory is Omer Khan (their CFO).

In February 2011, Western Gulf Advisory and Ahsan Ali Syed purchased the Racing de Santander
Racing de Santander
Real Racing Club de Santander, S.A.D. is a Spanish football club based in Santander, in the autonomous community of Cantabria. Founded in 1913, it currently plays in La Liga, holding home games at Estadio El Sardinero, with a capacity for 22,400 spectators....

 football club in Spain. WGA was initially touted as a suitor for the New Zealand-based Wellington Phoenix football club after its owner Terry Serepisos
Terry Serepisos
Terry Serepisos is a bankrupt Wellington-based property developer and former owner of A-League association football club Wellington Phoenix. In 2010 he was the host in the New Zealand incarnation of the hit TV series The Apprentice.-Biography:...

encountered financial trouble, but negotiations did not proceed after WGA's assets were frozen by a court order.

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