[Archived] Rovers Might Have Been Sold?

[Brfcrule1]

I cannot believe some of you you are all missing the most important point. That is yes with the new rules it will even out the playing field but the trustees want to sell the club that is the main point and debating it is a no brainer as they will do what's in the best interests of the club. Also funding transfers is not the only way to fund the club. I have been doing some research into this as I said before I would prefer the Indian consortium to take over the club as the Indian economy is better off than the Thai economy. But something much more interesting the majority of Indian entrepreneurs are experts in sports merchandising,marketing their products and have been doing very well despite the global financial problems, so they have the expertise to market the club abroad esp. in India more sales would bring in extra income not that I would want anthing to happen to the current marketing manager as he is a very experienced manager. If they come in they could have a seperate person to market the club abroad and with that it would add extra value to the club & more money, and as many on here would be happy with a bigger merchandising line. As they say there is more than one way to skin a cat!.

Rant over!.

p.s. Is there any more news did one of the groups come up this week to view the club or so has been reported?.

thanks.

[Kelbo]

I think someone ought to look at business law, UEFA, Premier League cannot invoke any law which is not within the laws of the country.

They can, where there are serious debts, say they are trading whilst insolvent and as such, constraints can be put in place, they cannot prevent any owner providing funds as a gift of deed to the club (not a loan) and that may be used as the club sees fit, there is no authority who can change that, it is business law and I think both UEFA and the Prem will find a nice little lawsuit should they even try to implement those changes.

Any business, who's assets outstrip creditors are solvent and are able to operate within the Law.

[TimmyJimmy]

... In truth it is still too high (the asking price) because there is no business model under which BRFC can make a regular profit - and profit is the sole determinant of a company valued on a going concern basis - ie not for asset-stripping. The proper approach for the Trustees to take would be to sell the shares for £1 conditional on the new owners putting in £25m of new share capital...

Understand where you're coming from allancd, and without wishing to sound too much of a pr!ck, I'd just point out that technically it's the dividend stream that is the prime determinant of the share price and according to one of the most prominent viewpoints the 'present value of growth options' is a very very key number. What that refers to is the reinvesting of cashflows to invest in 'projects' that will contribute profit in the future , these is also a major factor in valuing a company/club. In our footballing context 'project' could be anything from the buying low/selling high of a promising young player or investing in marketing/branding. With that in mind ...

... But something much more interesting the majority of Indian entrepreneurs are experts in sports merchandising,marketing their products and have been doing very well despite the global financial problems, so they have the expertise to market the club abroad esp. in India more sales would bring in extra income not that I would want anthing to happen to the current marketing manager as he is a very experienced manager...

... India is one heck of a marketplace and anyone who knows how to tap into it really has value to bring to the club. I've been banging on about marketing for a long time, perhaps too long, and p!ssed many posters off, if you read back aways you'll see very few buy into the concept. Nevertheless I remain convinced that marketing is the key to our future, so I'm on board with your comments.

And as for allancd's comment above on the selling price, again reading back you'll see one of my posts from the days when the selling price was rumoured to be 68 million (I'm happy to be corrected as to the exact price) in which I advocate that the trustees should do exactly what you've suggested ie lower the price and insist on a capital injection for players in lieu (in other words investment in the 'present value of growth options'). If they are now asking for 25 million then that's real adjustment and we can only hope that the investment of the difference is what is taking the time to negotiate.

[philipl]

Timmyjimmy.

I agree.

India is one of the very very few places where there could conceivably be a formula which goes:

Purchase price + agreed investment commitment which releases the Trustees from their obligations + investment in marketing in the investors' home territory = sustainable business model for Rovers + a chance of marketing return for the investors

[koi]

Any new investment has to go into development of the youth system. As well as upgrading the Riverside. New investment, if my understanding is correct, can only pay for such things. This would mean that Rovers are on a level playing field. Why, because most of the top 4 clubs for example, have to pay off their debts, also from the same income they have coming in to the club. Rovers do not have the level of debt that other clubs have. therefore it will take less time to that off compared to other clubs. Even if Rovers have, say 20 mill debt, they could pay that off faster than man U can pay off 700 mill of debt.

You are right the current model that Rovers have is the best way for a club like Rovers. They have to stay in the prem by developing thier own players via their own youth system Correct me if I am wrong, but did not Ajax do the same (maybe still do) that keeps costs down. Its maybe slower, but financially the best option.

I suggest, that by getting hold of the correct young players, training them, coaching them etc, building them into a team that is what Rovers and any other small club has to do. That is where investment, yes cash is needed.

A new owner cannot pay for player transfers / wages. That applies to every club.

I know it would probably never happen but (and it's a small but) you never know what a few at the top will come up with. My fear for football is that only a handful of teams will become relevant. The rest, including us will just be a sideshow.

Anyway, back on topic! I think we have to trust the board when it comes to selling the club. I'm sure they could have cut and run many times before but have not, we've got to keep the faith.

[thenodrog]

In the meantime we have to hope that Sam (or his successor) can continue to work miracles on our budget. Next season's target could (should?) be 9th. I suspect it is more likely 13th again.

And it'll be more difficult next season.

True.... but assuming we replace one or two makeweights with better players more suited to Sam's system I think the team will be stronger at the start of the season than they were last year. SA appeared to have got them playing together as a unit latterly and the younger players who seemed very lightweight earlier in the season matured noticeably. Thats not to say that we will finish any higher btw. Last season we overachieved against our budget.

[Hughesy]

Anyone know the details of live PL footy in India?! Does anyone have the rights?!

[thenodrog]

You're making a big assumption if you think the vast majority of PNE, Rovers and Bumley ST holders would magically transfer to Lancs Utd.

The younger end would for sure, the older end might not transfer so readily. But the future is the young rem not the trilby and hush puppy and flask brigade.

Anyway put your business head on and you should be able to see that it would only need 25% of supporters to transfer allegiance from each club (you forgot Blackpool) to succeed when one considers the reduction in staffing and all other overheads. Wages and other overheads are the killer. I'm sure the number would be higher than 25%. What would be your considered estimation?

The biggest stumbling block would be the directors rather than the fans. Ego's. It's why the Red Knights won't work. It needs a player with the muscle of a Walker or a Hemmings to blow them away.

[only2garners]

Anyone know the details of live PL footy in India?! Does anyone have the rights?!

No idea but someone will have them. You need to bear in mind that India is probably the most "underdeveloped" large market for football in that the vast majority of people have no interest. It's such a large country that there will still be a biggish market of people interested but the truth is that the only way to get mass interest in the PL in India is for a club to sign Tendulkar or Dhoni.

[thenodrog]

No way on god's earth would I follow a Lancs Utd! It's Blackburn or nothing for me I'm afraid.

Rugby League tried to do a similar thing when putting Super League together; the idea was to merge smaller clubs to make them more competitive with the biggest clubs. The idea got as far as being pitched to Sky and subsequently agreeing a deal based on the new teams. The outcry was phenomenal and nearly finished the RFL.

The moral is that you can't erase 100+ years of history, it's a crazy idea!

There's a good chance your great great grandad supported Blackburn Olympic (or Darwen) and swore never to support the Rovers.

[Guest Kamy100]

Anyone know the details of live PL footy in India?! Does anyone have the rights?!

Star Sports and ESPN show games in India.

Indian Viewers get all the games that are shown Live in the UK, in addition to 2 live 3pm games and full match highlights of every single 3pm game 30 minutes after they finish.

[Hughesy]

No idea but someone will have them. You need to bear in mind that India is probably the most "underdeveloped" large market for football in that the vast majority of people have no interest. It's such a large country that there will still be a biggish market of people interested but the truth is that the only way to get mass interest in the PL in India is for a club to sign Tendulkar or Dhoni.

ESPN star have it - along with a load more Asian countries

TV rights

18 nations under ESPN Star umbrella

[Exiled in Toronto]

JW's interview has nothing about the price being reduced etc. He talks about the club doing well, the financial constraints, The Salgado signing and the impact on the finances, about wages, reiterates we don't need to sell players and the role that the fans can play in the future success of the club.

I haven't seen the interview because it isn't online, but surely the 'we don't need to sell players' is really only half of the sentence:'We don't need to sell players...unless we want to buy any."

[Hughesy]

Yep - I summarised what he said in the transfer topic.... Funny enough it was very similar to what I said it would be!!!

[ewoodpo]

Anyone know the details of live PL footy in India?! Does anyone have the rights?!

As we all know the main sport on India is cricket. When it comes to football it's restricted to the north ,Calcutta region and the Bengal area.

Regarding the rights to PL rights I'm not sure, but I think it will probably be the Star or the Sony network .

[philipl]

"Just the north" of India is several hundred million people of whom about 150 million enjoy a Western European standard of living.

I believe the following of PL is growing rapidly all the time- at least that is what my Indian friends tell me.

[67splitscreen]

I've just read on the official MB posted by Lee.

The Walkers have withdrawn from the sponsorship of the JW stand. Just what we needed.

No new sponsor appointed to date.

I'll leave it to the individual to put their spin on this.

[Hughesy]

As we all know the main sport on India is cricket. When it comes to football it's restricted to the north ,Calcutta region and the Bengal area.

Regarding the rights to PL rights I'm not sure, but I think it will probably be the Star or the Sony network .

Its Star - I put a link on the previous page.

Perhaps its restricted but it will boom eventually - it has in other nations like China, Japan, USA etc - all of which didnt seem interested in football too long ago.

Potential market - especially if we can get an Indian owner & perhaps break into that market by playing a few pre-season games over thier!

Splitscreen - do the Walkers actually pay to sponsor that stand though!?!

[Rover9]

I've just read on the official MB posted by Lee.

The Walkers have withdrawn from the sponsorship of the JW stand. Just what we needed.

No new sponsor appointed to date.

I'll leave it to the individual to put their spin on this.

It's the BBE and Walkersteel, the signs have been taken down apparently.

[modes98]

I can see it already the Crown Paints Blackburn End!

Its a poor show when you own owners withdraw a sponsorship deal. Not very encouraging at all.

[Ricky]

Or is it an indication that a sale is nearing.

[deryck guyler's spoon]

"Just the north" of India is several hundred million people of whom about 150 million enjoy a Western European standard of living.

No "impoverished hamlets" then?

[bluebruce]

Aren't the new rules about ownership spending confined to qualification for European competition? They only prevent a club which receives "excessive" largesse from their owner participating in their Cup competitions. I'm not saying this isn't important but if we finished first every year but couldn't qualify for the Euro Champions League I could possibly live with it as opposed to fighting relegation every year!

Sorry allancd you beat me to it. I too was getting concerned that people were quoting the rule without understanding it.

By the same token though, I think you're quoting me without understanding the conversation I was having. If we invest to reach a Champs League spot, then can't get the money from qualifying for it, it is utterly pointless. Anyway who expects a Jack Walker MK II to invest til we win the league is dreaming, new rules or no.

[47er]

By the same token though, I think you're quoting me without understanding the conversation I was having. If we invest to reach a Champs League spot, then can't get the money from qualifying for it, it is utterly pointless. Anyway who expects a Jack Walker MK II to invest til we win the league is dreaming, new rules or no.

I wasn't being serious but if we can't expect anyone to invest in our club to that degree then why are you so bothered about the new rules?

[bluebruce]

I wasn't being serious but if we can't expect anyone to invest in our club to that degree then why are you so bothered about the new rules?

I'm not, they fit our model just fine. I was using it as further evidence to Paffel that we can't expect serious investment.