Syed has pledged £ 100million to Allardyce to spend on players after his Bahrain-based investment firm, West Bay Advisory has begun negotiations with potential Ewood Park Club over £ 300million transaction.
But, as things have gone quiet among reports of non-payment of fees and Allardyce was adopted, it is expected the transaction to go through now.
"If this happens, it will happen in the next week or two," says Allardyce.
"But whether it happened or not, no longer seems doubtful, for whatever reason, I do not know, I am not privy to this information yet.
Allardyce also accepted at the time of the announcement was unhelpful, coming together in the last month of the window.
Blackburn, been one of the lowest spenders this summer, Hugo Fernandez them only permanent signing and Allardyce was particularly disappointed to miss out on Bulgarian forward Ivelin Popov.
"Time does not work," says Rovers boss. "People still feel we were much more money than we were coming to the end of the window, would she has been a distraction, I think. "
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