[Archived] Rovers Might Have Been Sold?

[Doaksie]

And we have lost...?

... the will to live

[Steve Moss]

... the will to live

A few pints of Guinness usually perks me up a bit. You might try it. And wait to see how we do this Saturday before doing anything drastic.

[Billinge End Blue]

You're subtly changing your tune. According to this post you've been in favour of a take-over all along! In fact you and a host of others believed no takeover would ever occur and we would stay with the Walker Trust forever. You welcomed this despite me and others pointing how how impractical this proposition was.

You've recognised this yourself now and you're keen to rewrite history.

I think what iamarover is advising is that you've just got to embrace the (admittedly occasionally frustrating) limbo that we/BRFC are in at the moment and try harder to see the status quo at Ewood Park with a positive outlook.

Almost all the past examples indicate there is every likelihood that any post-Walker-Trust future after a typical footie club take-over scenario will lead Rovers to (financial) damnation. Like the Walker Trust and all us fans, I too hope a 'perfect' new owner for BRFC is out there and about to buy us (but I'm not holding my breath).

There is nothing impractical about what is happening right now - it is excellent that BRFC are still in the top division, looking after us with better value tickets etc and competing more than reasonably with the opposition where it counts - on the pitch.

Definitely better no buyer than the wrong buyer, no?

[accyrover16]

I know its frustrating, but I think its a bit unreasonable to be mad with the club over this.

I'd much rather it take time to get the club sold to some decent investors rather than a rushed deal to some guy who really has no money where we'd end up in trouble like Pompey.

[Iceman]

Our transfer budget which was supposed to be around 4 million according to John Williams.

And our time and patience.

how do you know, that its not 4mill? Unless ive missed it, i cannot remember JW telling the fans exactly how much there is to spend. Pure speculation

[iamarover]

That's a travesty of my position over a takeover. Unlike you I've been actively looking forward to a takeover since it became clear that the Trust couldn't or wouldn't support the club at the financial levels it needs.However I've always assumed the new owners would have the right financial clout and the correct intentions to make it work. I was and am relying on the Trust to work that out.

You, on the other hand are subtly changing your tune. According to this post you've been in favour of a take-over all along! In fact you and a host of others believed no takeover would ever occur and we would stay with the Walker Trust forever. You welcomed this despite me and others pointing how how impractical this proposition was.

You've recognised this yourself now and you're keen to rewrite history.

Who wouldnt be in favour of a takeover if they are a Jack II? Or a fan? I and others just dont see it as likely, given the constraints. And, because of those constraints, worry that if one happens it will be for all the wrong reasons.

?

[deryck guyler's spoon]

Who wouldnt be in favour of a takeover if they are a Jack II? Or a fan? I and others just dont see it as likely, given the constraints. And, because of those constraints, worry that if one happens it will be for all the wrong reasons.

Why all the aggressive keyboard warrior stances anyway 47er? Did you get picked on at school as the fat useless one, or the twot who couldnt play football? Never had a proper fight so decide now to try and taunt people through your 'hard' NaNaNaNaNa posting style? Go and play Doom online with your other cyber fight fans. Rovers are at home on Saturday..I'll be there ... what level of Call of Duty will you be noshing yourself off on?

Poor stuff

[iamarover]

Poor stuff

Fair enough

Poor stuff

So you might return the compliment? cheers

[Gav]

I know its frustrating

Its only frustrating if you spend all day every day on sites such as this talking about something that’s not happened yet.

A takeover is required to secure the future of the club and its premiership status, I’m sure most will agree that’s the case. But these things take time and if the right deal is put in the table the trustees will sell, simple as that.

So take a few deep breaths, sit tight and wait and see what happens.

[ABBEY]

gav their like pimps touting their sisters are they not? some on here are plain embarassing...if we get taken over we do ,if we dont we dont. If we get relegated i will still be their ,if we got relegated again the same. how many of these soul sellers would be or in fact attend now.

[Duff's Minder]

I'm still totally with the doubters on this one. I would much rather be owned by a reluctant trust than any financially motivated owner. Blackburn Rovers are not a suitable prospect for 'investment' only for exploitation.

The holy grail for a lot of people on here seems to be staying in the Premier League. Maybe the level that makes long-term financial sense for us is going back to being a Championship club. Personally as Rovers fan since '82 I don't remember it being any less fun back then and if the club is more sustainable at that level then so be it.

[Gus Gus]

I'm still totally with the doubters on this one. I would much rather be owned by a reluctant trust than any financially motivated owner. Blackburn Rovers are not a suitable prospect for 'investment' only for exploitation.

The holy grail for a lot of people on here seems to be staying in the Premier League. Maybe the level that makes long-term financial sense for us is going back to being a Championship club. Personally as Rovers fan since '82 I don't remember it being any less fun back then and if the club is more sustainable at that level then so be it.

I totally agree, especially with the bold.

[Doaksie]

A few pints of Guinness usually perks me up a bit. You might try it. And wait to see how we do this Saturday before doing anything drastic.

A man after my own heart. Can't beat a nice pint of the black stuff. 5 o'clock on Saturday, I hope to have one in my hand celebrating our first win and 3 points of the season!

I'll keep the take-over celebration champagne on ice for the mean time I think though!

[67splitscreen]

I wonder if there will be any of the potential buyers with JW on Saturday?. or will they try keeping the lid on it by a no show?.

[Exiled in Toronto]

As far as I am aware, the position of the Trust remains they are only selling to a new owner who can do better for the club than they are able to.

It is a ludicrous position for them to take and one I hence find unbelievable, since they seem to be intelligent people. There is clearly no potential owner willing to continue Jack's legacy in a way better than Jack's Trust. Why would there be? Any new owner, once they own it, own it and will have their own vision for it; that's a perogative of being the owner. Some people didn't like what Jack did with it - especially the bloke who had the body buried in his Nuttall St backyard - but tough. Times change.

The Jack Walker Settlement Trust was set up to presumably do many things, such as keep his fortune away from any tax man, keep his fortune from being squandered by errant offspring, and of course keep his beloved Blackburn Rovers in some undefined good shape for some undefined period. It looks like that period is over. If Rome could fall, I'm sure 'Jack's Legacy' might also sometime be history.

The future is uncertain, but limbo is a bad place for any business to be

[BPF]

It is a ludicrous position for them to take and one I hence find unbelievable, since they seem to be intelligent people. There is clearly no potential owner willing to continue Jack's legacy in a way better than Jack's Trust. Why would there be? Any new owner, once they own it, own it and will have their own vision for it; that's a perogative of being the owner. Some people didn't like what Jack did with it - especially the bloke who had the body buried in his Nuttall St backyard - but tough. Times change.

The Jack Walker Settlement Trust was set up to presumably do many things, such as keep his fortune away from any tax man, keep his fortune from being squandered by errant offspring, and of course keep his beloved Blackburn Rovers in some undefined good shape for some undefined period. It looks like that period is over. If Rome could fall, I'm sure 'Jack's Legacy' might also sometime be history.

The future is uncertain, but limbo is a bad place for any business to be

+50

[Balwer]

It is a ludicrous position for them to take and one I hence find unbelievable, since they seem to be intelligent people. There is clearly no potential owner willing to continue Jack's legacy in a way better than Jack's Trust. Why would there be? Any new owner, once they own it, own it and will have their own vision for it; that's a perogative of being the owner. Some people didn't like what Jack did with it - especially the bloke who had the body buried in his Nuttall St backyard - but tough. Times change.

The Jack Walker Settlement Trust was set up to presumably do many things, such as keep his fortune away from any tax man, keep his fortune from being squandered by errant offspring, and of course keep his beloved Blackburn Rovers in some undefined good shape for some undefined period. It looks like that period is over. If Rome could fall, I'm sure 'Jack's Legacy' might also sometime be history.

The future is uncertain, but limbo is a bad place for any business to be

Hammer. Nail. Head.

[den]

The future is uncertain, but limbo is a bad place for any business to be

Absolutely. People naievly wanting trustees who don't want to be here, to stay and run the club.

Barmy.

[only2garners]

This is the minute from last night's Fans Forum on the takeover: -

4. Possible Takeover

Asked for an update on the current situation given recent press speculation, TF stated that there was little new to report. There were a number of interested parties talking to the club, which may or may not develop into formal offers. No bidder was yet at the due diligence stage.

No real news therefore except a confirmation that no one has got to the due diligence stage yet, which means that we are a long way form any takeover completion.

[47er]

Absolutely. People naievly wanting trustees who don't want to be here, to stay and run the club.

Barmy.

Well said Den and decently put as usual.

[whalleyrover]

Thought the club had previously said two potential owners had submitted formal offers. More lies from Mr. Finn and company!

[Exiled in Toronto]

The thing I don't understand is how can a potential buyer's word be trusted?

It can't. We all know that, and the Trust know that. So why did they put us up for sale if they want to control every last aspect of our future under a new owner for the next 100 years? No-one will ever want to buy under the conditions that people seem to believe can be imposed by the Trust. Why pay to buy something where the last owners tell you what you can and can't do with it? That's not owning, it's renting. For sale means for sale.

[doctorryan]

One thing that seems to be lost here in the now 200+ pages of mind-numbing reading is the distinct possibility that perhaps the Walker Trust does not intend to divest itself of 100% of its holding in the club. They may even be intending to insert certain contractual mechanisms, both voluntary & involuntary, designed to bring the club's majority interest back within the Trust at some future date. I'm not suggesting that either of these scenarios is likely or unlikely, just that they're possibilities which one should keep in mind when trying to get a measure of all the conjecture on this board.

[PAFELL]

One thing that seems to be lost here in the now 200+ pages of mind-numbing reading is the distinct possibility that perhaps the Walker Trust does not intend to divest itself of 100% of its holding in the club. They may even be intending to insert certain contractual mechanisms, both voluntary & involuntary, designed to bring the club's majority interest back within the Trust at some future date. I'm not suggesting that either of these scenarios is likely or unlikely, just that they're possibilities which one should keep in mind when trying to get a measure of all the conjecture on this board.

That is something that I also thought was a possiblity - even if it was just to ensure the legacy for Jack's sake.

[neekoy]

One thing that seems to be lost here in the now 200+ pages of mind-numbing reading is the distinct possibility that perhaps the Walker Trust does not intend to divest itself of 100% of its holding in the club. They may even be intending to insert certain contractual mechanisms, both voluntary & involuntary, designed to bring the club's majority interest back within the Trust at some future date. I'm not suggesting that either of these scenarios is likely or unlikely, just that they're possibilities which one should keep in mind when trying to get a measure of all the conjecture on this board.

That would be funny....

"you guys invest all the money needed and if we get to the CL we will retain ownership"