[Archived] Rovers Might Have Been Sold?

[Balwer]

I've been doing my best to warm some of you guys up on here to the idea that football has moved on and is now a global business. It's on this basis alone that others have been looking at us, but in this instance we have a group who whilst not in the camp of passionate 'local millionaires' they are much closer to it than the others given their identification with a large proportion of the local population.

New cashflows will in the main be global cashflows not local cashflows and that means marketing and local know-how in countries like India. I'm always stunned at the frequent 'whats the point' responses, we won't/can't because ... fill in the gap.

This bid still hasn't completed and we may end up disappointed again, but at least there's interest out there from people who we can feel comfortable with (IMO).

I'd caution against any expectation that a sale will mean massive transfer funds, I really don't see much changing on that front. So many billionaires in the EPL right now and they can't all buy the title, so us throwing money into a wild title challenge doesn't make much sense (to me at least). I think a period of slow but consistent development is much more the order of the day.

As I've said to anyone who's been prepared to listen - our future is about branding and marketing and the untapped potential of the global population. Others have gone this route and others are trying to follow so there is a small window of opportunity to get it right. I'm hoping this bid will come to fruition and that we proceed quietly but forcefully. Probably no coincidence that this is emerging in the World Cup weeks.

Hear hear TJ. As someone who works in the buyout industry I couldn't agree more. I know a lot of people will argue 'better the devil you know' but in that case it's a matter of when, not if. Sure it's riskier, but the potential is there to make us a long term sustainable venture.

It's staggering that people would be surprised that investors are looking to make money out of this. WTF do you people think they would be looking at it for? As someone else has said, the days of having a local businessman own a club are long gone. We were blessed, but it's time to move forward or be left behind.

[thenodrog]

The Sun of course cannot spell his name correctly and printed a picture of some empty seats at Ewood. Typical Murdoch rubbish.

I know what you mean of course but just as an aside how do you describe The Times Philip?

[ABBEY]

All speculation/hypothetical at this stage, however if a takeover were to happen, new owners may want their own manager in too....

Fingers crossed then

[Bobby G]

I think that would be one of the worst mistakes they could do.

[Gav]

Fingers crossed then

[thenodrog]

What were you guys saying about foreign takeovers by people with no connection with the club ?

Remind us please mick.

The article from the Indian press talks about the group about to examine the club's books. Things have moved on apace haven't they?

They will already have done that under a confidentiallity clause which begs the question who broke the story?

Probably no coincidence that this is emerging in the World Cup weeks.

Is that the 'it's a good day to bury bad news' tactic TJ?

[thenodrog]

Hear hear TJ. As someone who works in the buyout industry I couldn't agree more. I know a lot of people will argue 'better the devil you know' but in that case it's a matter of when, not if. Sure it's riskier, but the potential is there to make us a long term sustainable venture.

It's staggering that people would be surprised that investors are looking to make money out of this. WTF do you people think they would be looking at it for? As someone else has said, the days of having a local businessman own a club are long gone. We were blessed, but it's time to move forward or be left behind.

25m's a steal. I'd imagine a return to reallity with ST prices will be enough to pay the interest on the purchase money.

[thenodrog]

Fingers crossed then

Still on that daft crusade Abbs? I thought you'd given credit where credit was due to the club, retired to a safe distance,....... and left waggy to cop for the flak.

[vintageadidas]

Exciting but scary times i think.

[AggyBlue]

"He plans to bring IPL-style razzmatazz to Rovers".

Bollywood dancers pre match, Bollywood stars doing the half time draw.

Better get your season tickets paid for, the place will be packed to the rafters.

Taxi for BollEwood:lol:

[47er]

25m's a steal. I'd imagine a return to reallity with ST prices will be enough to pay the interest on the purchase money.

Its really 45M though--25M +20M debt.

[bellamy11]

They will already have done that under a confidentiallity clause which begs the question who broke the story?

Andrews

[47er]

What were you guys saying about foreign takeovers by people with no connection with the club ?

Hang on---SOME of you guys-----the stagnation brigade.

[ABBEY]

Still on that daft crusade Abbs? I thought you'd given credit where credit was due to the club, retired to a safe distance,....... and left waggy to cop for the flak.

Credit for final place..NO credit for boredom or what he stands for.

[Balwer]

Its really 45M though--25M +20M debt.

Excellent point 47. 45m is the Enterprise Value, or the purchase price if you will. 25m is merely the equity contribution.

[gazsimm]

so should we know something today then. Will the club be making an statement today? The sun article makes me laugh and quite excited when it says the club could be about to host a load of top star names, if the takeover goes through!!!

[den]

Vinjay's straight in there!

[RibbleValleyRover]

I'm not looking for someone to pump mega bucks into the club, let's face it its highly unlikely that we will get someone like that.

Someone or a group of individuals who have the finances to invest say for example £10-15 million more or less each season, meaning that we can hold onto our best players longer and that the money provided is spent wisely on the right players would be good enough for me.

[John]

Thing is, at the moment, we just don't know if these guys are going to understand football. Or in this case, how much money they have, which is obviously of fundamental importance.

I don't expect and envisage anyone coming in and splashing millions but vital (obviously) they are financially sound. So many takeovers, particularly from foreign owners, have lacked any logical thought and most have been failures.

Also, this idea that Blackburn can infiltrate India and start creating huge amounts of revenue, just can’t see it…..

[den]

Live webchat anyone?

12:30 with Andy Cryer.

[Veevs]

Some random info about his brother...

Mr. Niranjan Shah is a well-renowned person in the cricket industry – ex cricketer & vice chairman of the IPL. Jaydev Niranjan Shah, following the footsteps of his father Niranjan Shah is one of the best players of Mumbai Indians and is very important left hand batsman....his son Jaydev Shah now plays for Mumbai Indians. Mumbai Indians were the most watched team on television in the first edition of the IPL tournament, totaling 239 million viewers.

Not sure which one Shah is...been trying to find wealthy one from mumbai.....not sure what his business is..

Could be - Saurin Shah - Ashtech Infotech - Mumbai - Links with Apple, Oracle etc...

About company

info on the boss Shah

or this one....

Saurin Shah – games company – 34m apps for iphone sold, over 80 xbox titles (Digital Chocolate)

or could be this one.....

Family Business that could be worth big bucks

Having an avid interest in chemicals, and pharmaceutical, taking the plunge into the family business of pharma indenting was the obvious choice for Shah..

Tel - +(91)-(22)-22061274 –

ADDRESS - 304, Chandralok- A, 97, Napean Sea Road, Mumbai, Maharashtra - 400 006 (India)

looks like the ashtouch shap.. looking for his next venture..

[ada2020]

Also, this idea that Blackburn can infiltrate India and start creating huge amounts of revenue, just can’t see it…..

So many "dont see it" but surely given our current situation isnt it worth a try?

We shouldnt gamble the future of the club on it, but we should be aware of tapping into other markets.

Vinjay's straight in there!

That guy is a complete tool isn't he, I have seen a number of posts by him, anybody got an idea why he appears so down on the Walkers?

[Balwer]

So many "dont see it" but surely given our current situation isnt it worth a try?

We shouldnt gamble the future of the club on it, but we should be aware of tapping into other markets.

That guy is a complete tool isn't he, I have seen a number of posts by him, anybody got an idea why he appears so down on the Walkers?

If you go back far enough on these boards I believe you will find something.

[AndyNeil]

Live webchat anyone?

12:30 with Andy Cryer.

I think the realtionship between the LET, the 'general' rovers support and powers that be down at Ewood must be at a low point ...

What is the point of this - for fans to discuss the finances (they can do that on here), to discuss it with Andy Cryer (what does he know!?!).

[AJW]

i can see it now mumbai indians in blue & white halves!

go on ..i bet there's some clever dick out there who can put a rovers kit on one of their cricketers!!