[Archived] Rovers Might Have Been Sold?

[1864roverite]

or in London Robert !

Perhaps some of our texists can interpret for us older ones what exactly he is twittering on about.

aiggggghhhhhhht !!

[CrazyIvan]

To say this has been going on for a while... Backs up what Nicko has been saying. Text speak is just plain annoying.

[SIMON GARNERS 194]

have been of the same opinion ever since it became apparent that the club was up for sale. Not to have clear leadership and direction from the owners over such a long period of time was always going to cause problems at some stage. What are our goals? What are we building towards? What are we doing this summer to progress? Dunno, dunno, and nothing.

Exactly the same questions can and should be asked of our new prospective Indian owners Toronto....but they appear to be busy 'gettin on down' in the big smoke with THE main man Nathaniel.

CHA !

Just what do these people have in common with our club?...sweet FA

[Doaksie]

Perhaps some of our texists can interpret for us older ones what exactly he is twittering on about.

Just in case Nathaniel talks about us again - this site should help you

[Torgeir]

So i'm 29 and i type like that especially when texting on my mobile at the end of the day what he does on his twitter is up to him. All we know he could be a very good buisness man who just happens to type like that.. How do you know people like pdiddy does not do it..

Good on you.

I don't know.

[martonrover]

This Nathaniel guy sounds a bit like Finchy from The Office.

I think it's a bit harsh to slate the Indian consortium for(possibly)having a night out in London though.

All sounds like great sitcom material to me.

As everyone else is saying, let's just hope things move quickly now.

[Kelbo]

Probably a gangster who made his money from drugs, it certainly wasnt made out of having a brain!!!

Nathaniel that is.

[thenodrog]

As everyone else is saying, let's just hope things move quickly now.

To what conclusion?

[PAFELL]

The LT article (to the extent anyone believes that paper) said there are no restrictions on to whom the club can be sold.

It was silent on saying whether there are restrictions on the terms they can sell at.

John Williams has repeatedly said that the Trust would only sell to owners who could do better than they can for the club. That is a high hurdle and very nearly precludes any ordinary commercial purchaser because the Trust themselves are not operating the club with a view to making a profit either operationally or on capital nor are they removing any cash whatsoever or recovering any of their costs of ownership.

There are a lot of people on here dreaming of Rovers having a transfer kitty in 2010 and going bust in 2011 by the look of things.

So basically nobody who is not a Rovers supporter would not want to buy Rovers.

Your statement basically says the Trust would rather the club goes bust than sell it to somebody who cannot reach the 'top' of the hurdle. After all these are the options.

The trust either continues with its ownership as they do now (without putting any money in)which would then see the club go bust.

or

They remain owners and they continue financing the club.

Or

They wait until somebody comes along who would be willing to put money into the club and get nothing at all back - which is what the trust is doing now.

Do you honestly believe that Jack Walker would have put the club into such a situation? In one way it is protecting the club, but in another it is abandoning the club to what ever fate comes along. Personally I do NOT believe the latter.

[Kelbo]

Nathaniel that is!

[thenodrog]

Lateral thinking..... So maybe having failed to attract fit and proper buyers for 45m the Walker trust has had a rethink and is now happy to flog the club to whatever chancer who has access to 25m and is dumb enough to think that they can make money out of BRFC by normal methods, knowing that when it all inevitably goes tits up they will be able to buy back the club for a song and repeat the process.

I must say that Nathanial and a bunch of Indians that no one (even in India) has heard of do appear to fit the bill nicely.

[philipl]

Very simple question Pafell,

Where would you rank the Trust relative to such recent/current owners in the Premier League as

Thaksin at City

Icelanders at West Ham

The last five lots at Pompey

Glazers at Man U

Ashley at Newcastle

Hicks/Gillett at Liverpool

the guy at Hull City

????

[RevidgeBlue]

The LT article (to the extent anyone believes that paper) said there are no restrictions on to whom the club can be sold.

It was silent on saying whether there are restrictions on the terms they can sell at.

John Williams has repeatedly said that the Trust would only sell to owners who could do better than they can for the club. That is a high hurdle and very nearly precludes any ordinary commercial purchaser because the Trust themselves are not operating the club with a view to making a profit either operationally or on capital nor are they removing any cash whatsoever or recovering any of their costs of ownership.

There are a lot of people on here dreaming of Rovers having a transfer kitty in 2010 and going bust in 2011 by the look of things.

I don't know how many times it needs to be reiterated that there are no artificially restrictive barriers in Jack's will or anywhere else preventing a sale. That has come direct from the mouth of John Williams to the fans forum on more than one occasion.

No-one has so far come close to meeting the Trustees asking price. That in itself is a pretty high "hurdle" I would imagine.

[Bobby G]

Very simple question Pafell,

Where would you rank the Trust relative to such recent/current owners in the Premier League as

Thaksin at City

Icelanders at West Ham

The last five lots at Pompey

Glazers at Man U

Ashley at Newcastle

Hicks/Gillett at Liverpool

the guy at Hull City

????

Best of the lot without doubt.

But where would you rank them compared to Fulham, Birmingham, Villa, Spurs, Bolton (possibly), Everton, and a handful of other clubs who we would like to compare ourselves to. Note that I didnt mention fantasy options like Chelsea or Man City. The point is the grass isnt always greener on the other side, BUT maybe it might be, as we can see with enough cases supporting each side of the coin. Lets leave it to the current owners to judge which these guys fall under.

[JAL]

Reading whats been posted so far regarding takeover it aint going to happen with a slum dog millionaire is it, come on FFS.

No wonder the trustees are worrying over wether they are doing the right thing with this kind of chat from the Nathaniel fellow.

[RevidgeBlue]

Lateral thinking..... So maybe having failed to attract fit and proper buyers for 45m the Walker trust has had a rethink and is now happy to flog the club to whatever chancer who has access to 25m and is dumb enough to think that they can make money out of BRFC by normal methods, knowing that when it all inevitably goes tits up they will be able to buy back the club for a song and repeat the process.

I must say that Nathanial and a bunch of Indians that no one (even in India) has heard of do appear to fit the bill nicely.

There is no indication the Trustees would ever want to buy the club back Gordon.

And whilst I agree that this Indian interest sounds far from ideal I am struggling to imagine how we could possibly be any worse off under new owners than under the current regime who are putting NOTHING in by way of funding and dictated last season that the manager had to operate within a transfer budget of minus 16m quid.

I am also getting tired of reading potential takeover interest being blamed for lack of transfer activity. If there was no interest we would still have lost Reid, McCarthy and Di Santo from the squad compared to a similar stage last year yet the manager would apparently only have the 2.5m received from the McCarthy sale at his disposal to try and find a Premiership quality striker.

If we have a poor season this year, which I think is highly likely given our midfield and especially our current striking options, it will be the fault of the current owners once again witholding funding not due to the failure of any proposed takeover.

[philipl]

Just putting things into perspective here.

The formal bid to Rothschilds was faxed though on 11 June

Nine people from the consortium visited Brockhall on 24 June

Saurin Shah's business turned over £9m last year and employs 200 people. It suffered a 40% retrenchment from 2008.

[dixonbrfc]

revidgeblue- you say you expect us to have a poor season this next term, but by your logic we should have ahd a poor season lat season, but we had a very sucsessful one, didnt lose to any of the top 4 at home and did the double over burnley and also aston villa which i think is quite impressive, i wish we could get the takeover sorted one way or the other so we know where we stand, but being blackburn im sure it will drag on a little more yet. but be optimistic you will only put depress yourself for the whole summer!

[unclejack28]

Just putting things into perspective here.

Saurin Shah's business turned over £9m last year and employs 200 people. It suffered a 40% retrenchment from 2008.

How did you get this figure of 9m. Do you know what business/s he owns?

[SIMON GARNERS 194]

Saurin Shah's business turned over £9m last year and employs 200 people. It suffered a 40% retrenchment from 2008.

Frightening info Philipl.

Just what does this Indian 'consortium' want with Rovers?.....there is NO massive money profit to be made at Ewood.

[Majiball]

Well I wouldn't like Fulhams debt. Birmingham so far so good but we'll wait and see, we're 10 times the club Bolton will ever be. As for the rest I don't compare us to them anymore, we're no longer in that mini league and need buckets of dollar to get there.

We do well for what we have and for that I'm grateful.

[philipl]

How did you get this figure of 9m. Do you know what business/s he owns?

There have been two profiles published in India of the business activities of our little known Indian businessman suitor since his interest in Rovers became known. He turned over 700 million rupees which was about £9 million at last year's exchange rate.

[Brfcrule1]

I can't believe some of you ok he might talk a bit geeky on his twitter page that does not mean he is a bad businessman/broker, and dismissing the Indian interest out of hand is wrong without being in complete possession of the facts. I sincerely hope the takeover does go through so we can start signing players I know it is probably a pipedream I dreamt last night the takeover happened and further down the line the mighty Messi was a BRFC player! one can dream .

[RevidgeBlue]

Just putting things into perspective here.

The formal bid to Rothschilds was faxed though on 11 June

Nine people from the consortium visited Brockhall on 24 June

Saurin Shah's business turned over £9m last year and employs 200 people. It suffered a 40% retrenchment from 2008.

So seemingly we'd be going from owners who are sat on plenty of money but won't give us any, to owners who haven't got anything substantial in PL terms to speak of.

Does that actually make us any worse off?

I suppose we'll see how correct your inflated opinion of the Trustees is. If you are correct that Shah is as relatively insignificant as you say there is no way the Trustees will sell to him if they are only intent on selling to an Abramovic type.

I personally reckon they'll snap the hands off of anyone coming up with liquid funds for whatever asking price they are now after.

[Hughesy]

No point worrying on the money Shah has, perhaps he isnt the main money man in the consortium?!