[Archived] Rovers Takeover: End game ?

[philipl]

No skin off my nose 47er. Enjoy your trolling.

[PAFELL]

That's fair enough Fife. We'll have to agree to disagree, I'm certainly not ashamed of my post and stand by it. I'm eternally grateful to Jack Walker. I feel no gratitude at all to those who have betrayed his legacy, bled dry and asset stripped the club whilst pumping umpteen millions into their portfolio of dull, underperforming companies. How many times does the club have to be taken to the brink of a disasterous relegation by their neglect?

It will be a cold day in hell when I take lessons in respect from Thenodrog btw.

How have they done harm to Jack's legacy? Jack always wanted the club to be self sufficient - that has been achieved.

Rovers have the least amount of debt than a lot of other clubs of simular size.

Rovers from a small town, compared to others clubs areas, in a catchment area of many other football clubs, a club continuiously performing above its weight and what can reasonable be expected of them.

What more do you want?

Football has its good days as well as its bad times. Rovers we have had it good, compared to a lot of other clubs, who by the way would envy the position the club is in now. Stripped the club of assets, this is pathetic.

Yes Rovers like all other clubs have bought and sold players. Most of the ones that were sold were wanting to go, Bentley, RSQ for example all said they wanted to go.

Your other post with regards the trust was equally a disgrace to Jack Walker. The trust has only complied with his wishes, with his instructions, that he gave before his death. So to disrespect the trust is to disrespect Jack Walker himself. That is unacceptable by any genuine Rovers supporter.

[Mattyblue]

Your other post with regards the trust was equally a disgrace to Jack Walker. The trust has only complied with his wishes, with his instructions, that he gave before his death. So to disrespect the trust is to disrespect Jack Walker himself. That is unacceptable by any genuine Rovers supporter.

Nobody knows what the instructions are though, as much as those 'in the know' state they do.

Did the instructions say support the club financially- transfers, 3million annual subsidy till 2006- then withdraw all funding?

[Majiball]

Exeter is a very comparable town to Blackburn, The difference between us is down purely to Jack and his Trust.

Reading some of the comments I have over the last few months about them deserting us and hanging us out to dry, really rile me. I wonder what those who feel this way said to their parents when they said its time to stand on your own two feet.

[deryck guyler's spoon]

How have they done harm to Jack's legacy? Jack always wanted the club to be self sufficient - that has been achieved.

Rovers have the least amount of debt than a lot of other clubs of simular size.

Rovers from a small town, compared to others clubs areas, in a catchment area of many other football clubs, a club continuiously performing above its weight and what can reasonable be expected of them.

What more do you want?

Football has its good days as well as its bad times. Rovers we have had it good, compared to a lot of other clubs, who by the way would envy the position the club is in now. Stripped the club of assets, this is pathetic.

Yes Rovers like all other clubs have bought and sold players. Most of the ones that were sold were wanting to go, Bentley, RSQ for example all said they wanted to go.

Your other post with regards the trust was equally a disgrace to Jack Walker. The trust has only complied with his wishes, with his instructions, that he gave before his death. So to disrespect the trust is to disrespect Jack Walker himself. That is unacceptable by any genuine Rovers supporter.

A breathtakingly arrogant and pompous rant.

The fact that Rovers are still in the top flight has zip to do with The Walker Trust. Hughes and Allardyce have worked miracles to keep us were we are on transfer "budgets" that are nothing short of a joke. Last summers zero spend was shocking. You like to bandy words like "disgrace" about, how would you describe Allardyce being denied transfer funds despite last season's top ten finish and the disappearance of the McCarthy money? Did that 2 mill go the same way as the millions from the Bentley, RSC, Warnock transfers?

Nobody expects mega millions, but it isn't much to expect to keep up with the likes of Bolton and Wigan. Especially not when the Chairman has warned of the dire consequences of relegation. Not much point in being £16 million in debt if you go down and go bust. It's scandalous that The Trust are prepared to gamble with the club's future for the want of a fraction of what they've just spunked on Flybe

To suggest that any dissent towards The Trust is somehow disrespectful to Jack Walker is a pathetic attempt to stymie any further critisism. It dosn't wash and is emotional garbage.

I hate some of the personal stuff on here but I cant help but respond to that pile of **** you posted. Despite what you might believe you aren't the arbiter of what constitutes a "genuine" Rovers fan and I certainly dont answer to you in that respect. Suffice to say my credentials as a suppoter of the club stand up favourably with most. So I will have my say even if the likes of you say that I am somehow showing disrespect to the greatest supporter any club has ever had.

I wont be responding to your response so, in closing, get over yourself.

[Mattyblue]

Exeter is a very comparable town to Blackburn, The difference between us is down purely to Jack and his Trust.

Reading some of the comments I have over the last few months about them deserting us and hanging us out to dry, really rile me. I wonder what those who feel this way said to their parents when they said its time to stand on your own two feet.

Exeter is not comparable to Blackburn and the Rovers at all.

Exeter City have never been out of the lower divisons for one! Jack gave us a platform at the very top we would in all likelyhood never have reached and a sustained period in the top flight, but we have always been an established club of the top two divisions (three seasons in 135 years outside the top two leagues)

Compare us to the likes of Burnley, PNE, Bolton if you must, but bloody Exeter!?

[47er]

No skin off my nose 47er. Enjoy your trolling.

Suddenly you're optimistic about TWO takeovers! Lol!

[jim mk2]

Exeter is a very comparable town to Blackburn, The difference between us is down purely to Jack and his Trust.

The difference bewteen the two towns is that Blackburn has an old-established football club with a great and revered name and a long and illustrious history in the game going back to the inception of professional football in this country. Blackburn is also in Lancashire, which has been the hotbed of English football since the 19th century and continues to be with 8 clubs from the region currently in the PL. A Devon Jack Walker might give Exeter a boost but it wouldn't last long.

So a pretty daft comparison really.

With regards to the Trust debate the Jersey people can certainly be accused of neglect over the past few years and the current paucity of talent in the squad is a direct result of their stripping the club of its best assets and not replacing them adequately. They are like the board of a plc who know that closure of factory is imminent and they refuse to spend another penny on what they consider to be a redundant facility. A disgraceful state of affairs.

[Billy Castell]

Exeter isa wealthier town on the whole as well. You need to be with the council tax, house prices etc.

Anyway, Saurin Shah..............for goodness sake. If he has the money and has a stable source of funding, then he's worth a look. That'sdespite him being unknown outside his own house. I just wish the takeover would get sorted out soon.

Oh, and we must keep hold of Jones. Chelsea would be a crap move right now anyway for reasons previously stated, and Spuds screw up any young English players' career.

[Majiball]

Everyones always on about population and being a town club, so given Exeter have only 5,000 more residents I didn't think it was that daft. If you all want to bring in new aspects like wealth, history and council tax, well.

Least we all forget prior to Jack, we finished 19th and had spent most of our time bouncing between the 2nd and 3rd division. Without Jacks money we would have carried on as we had, most likely playing further down the pyramid as we had barely signed anyone decent for years.

Taken direct from our own website:

Failure to strengthen the team during the latter stages of these seasons upset the fans and the controversial tactic of playing only one out and out forward during the home play off game with Swindon in 1990 only served to increase the number of dissenting voices. Rovers reacted badly to their 1990 play-off defeat finishing only 19th in 1990-91.

The arrival on the scene of one man, Jack Walker, was the catalyst for a change in Rovers fortunes on a seismic scale. With the team once again struggling in the league Don Mackay was shown the door and Kenny Dalglish was appointed in his place. The Scot, who had left Liverpool several months earlier, was charged with leading Rovers back to the promised land and this time a lack of resources would not handicap the Blackburn manager.

Without Jack we'd most likely be playing them, these days.

[Mattyblue]

Everyones always on about population and being a town club, so given Exeter have only 5,000 more residents I didn't think it was that daft. If you all want to bring in new aspects like wealth, history and council tax, well.

Least we all forget prior to Jack, we finished 19th and had spent most of our time bouncing between the 2nd and 3rd division. Without Jacks money we would have carried on as we had, most likely playing further down the pyramid as we had barely signed anyone decent for years.

Taken direct from our own website:

Failure to strengthen the team during the latter stages of these seasons upset the fans and the controversial tactic of playing only one out and out forward during the home play off game with Swindon in 1990 only served to increase the number of dissenting voices. Rovers reacted badly to their 1990 play-off defeat finishing only 19th in 1990-91.

The arrival on the scene of one man, Jack Walker, was the catalyst for a change in Rovers fortunes on a seismic scale. With the team once again struggling in the league Don Mackay was shown the door and Kenny Dalglish was appointed in his place. The Scot, who had left Liverpool several months earlier, was charged with leading Rovers back to the promised land and this time a lack of resources would not handicap the Blackburn manager.

Without Jack we'd most likely be playing them, these days.

Population does come into it, the fact we get crowds of 22000-25000 from a small town hemmed in by other football towns is part of what makes this club so special.

We had been in the second tier almost a decade by 1991. Who knows what would have happened without Jack, most of our town neighbours have done ok, Dave Whelan could have bought Rovers instead. It is a parralel universe that we never experienced. But to say we would have languished in the lower tiers is a bit of a stretch.

[PAFELL]

Nobody knows what the instructions are though, as much as those 'in the know' state they do.

Did the instructions say support the club financially- transfers, 3million annual subsidy till 2006- then withdraw all funding?

If the instructions were to give Rovers 3 mill a year, then the trust would have had to comply with it. So as they withdrew this, must mean there were no instructions.

I think people forget that the club has been up for sale for 3 years. Even with recent interest, the price of £46 million (25 mill, plus debts, plus 5 mill for transfers) has taken time to generate any interested parties wanting to takeover the club. Therefore to reduce the debt as much as possible would be in the best interests of the club, to make a sale easier. Imagine how much harder it would be to sel the club for £25 mill plus £50 Mill (for example) of debt, so 75 mill. Can any of us see anybody paying 75 million for Rovers.

As much as I would of liked to see Rovers spend in the transfer markets, I am more interested in the long term survival of the club. Rovers have had to buy cheap and sell high for awhile, just to first balance the books and pay off some of the debts, to make a sale of the club easier.

As you say 2006 the trust withdrew the funding - a year to see if the club could stand on its own feet - then the club put on the market since then. Getting that debt down as much as possible was and is in Rovers best interest, to make a the sale of the club more easier to achieve. That is my understanding anyway.

Population does come into it, the fact we get crowds of 22000-25000 from a small town hemmed in by other football towns is part of what makes this club so special.

We had been in the second tier almost a decade by 1991. Who knows what would have happened without Jack, most of our town neighbours have done ok, Dave Whelan could have bought Rovers instead. It is a parralel universe that we never experienced. But to say we would have languished in the lower tiers is a bit of a stretch.

Anybody know why Whelan chose wigan over Rovers?

[47er]

If the instructions were to give Rovers 3 mill a year, then the trust would have had to comply with it. So as they withdrew this, must mean there were no instructions.

I think people forget that the club has been up for sale for 3 years. Even with recent interest, the price of £46 million (25 mill, plus debts, plus 5 mill for transfers) has taken time to generate any interested parties wanting to takeover the club. Therefore to reduce the debt as much as possible would be in the best interests of the club, to make a sale easier. Imagine how much harder it would be to sel the club for £25 mill plus £50 Mill (for example) of debt, so 75 mill. Can any of us see anybody paying 75 million for Rovers.

As much as I would of liked to see Rovers spend in the transfer markets, I am more interested in the long term survival of the club. Rovers have had to buy cheap and sell high for awhile, just to first balance the books and pay off some of the debts, to make a sale of the club easier.

As you say 2006 the trust withdrew the funding - a year to see if the club could stand on its own feet - then the club put on the market since then. Getting that debt down as much as possible was and is in Rovers best interest, to make a the sale of the club more easier to achieve. That is my understanding anyway.

Anybody know why Whelan chose wigan over Rovers?

Born and bred.

[AggyBlue]

Anybody know why Whelan chose wigan over Rovers?

My understanding is he didn't but he couldn't compete with Jack so bought Wigan.

[john.leigh]

My understanding is he didn't but he couldn't compete with Jack so bought Wigan.

The way In understand it is that Jack Walker had already bought us, so at that stage we didn't need any further help - so Dave Whelan turned to his home town team instead.

I think that if Uncle Jack hadn't already come along then we could have had an Uncle Dave, but he had so we didn't.

I don't think there was any question of competing - it was more a matter of timing.

[jim mk2]

Without Jack we'd most likely be playing them, these days.

Why so ?

Bolton, Blackpool and Burnley have all been in the PL. Even without Walker's money there is no reason why Rovers would not have done the same.

[michaelthomas]

erm, Oliver Kay from the Times has just tweeted this -

Indian Tycoon S Shah is preparing a vastly increased bid to gazump Venky's bid for Blackburn Rovers

[92er]

A breathtakingly arrogant and pompous rant.

The fact that Rovers are still in the top flight has zip to do with The Walker Trust. Hughes and Allardyce have worked miracles to keep us were we are on transfer "budgets" that are nothing short of a joke. Last summers zero spend was shocking. You like to bandy words like "disgrace" about, how would you describe Allardyce being denied transfer funds despite last season's top ten finish and the disappearance of the McCarthy money? Did that 2 mill go the same way as the millions from the Bentley, RSC, Warnock transfers?

Nobody expects mega millions, but it isn't much to expect to keep up with the likes of Bolton and Wigan. Especially not when the Chairman has warned of the dire consequences of relegation. Not much point in being £16 million in debt if you go down and go bust. It's scandalous that The Trust are prepared to gamble with the club's future for the want of a fraction of what they've just spunked on Flybe

To suggest that any dissent towards The Trust is somehow disrespectful to Jack Walker is a pathetic attempt to stymie any further critisism. It dosn't wash and is emotional garbage.

One of the things that interests me about this post is the differing attitiude towards extra monies being put into the club to fund transfers.

I have every sympathy with owners who, having sanctioned £4 mil for grella one summer, then sanction £6 mil for Kalinic the following summer, and are then expected to sanction further capital outlays, are rather reluctant to go through with them. (In retrospect, the Trust might concede it would have been better to use the funds available in the Summer to make an appropriate purchase with those funds).

Similarly, I have sympathy with owners who are expected to top up the income of a business who receive £50 mil per annum and still need extra funds to buy players.

The Trust did not receive dividends or take money out of the club.

None of them received a salary from the club.

We are also the first club to suffer from the effects of being in an era after the death of our greatest benefactor-what will happen to Fulham, Wigan, Bolton etc when they are in a similar situation? I speculate they will be in a far worse position than we have been in.

I also wonder if we will enter a period when our owners do take a salary, and possibly dividends etc.

We shall see.

[92er]

Least we all forget prior to Jack, we finished 19th and had spent most of our time bouncing between the 2nd and 3rd division. Without Jacks money we would have carried on as we had, most likely playing further down the pyramid as we had barely signed anyone decent for years.

What must not be forgotten either is that we only finished 19th that season because of funds provided by Uncle Jack-I can't remember when he took over, but he provided funding for buying Dobson and Livingstone (£400,000 for the pair from Coventry) without whom we probably would not have stayed up.

[nicko]

erm, Oliver Kay from the Times has just tweeted this -

Indian Tycoon S Shah is preparing a vastly increased bid to gazump Venky's bid for Blackburn Rovers

The Times ran the Shah story in June - after the initial Indian interest tale had been in the People.

So there is a line in there and it could well be true that Shah has come up with more money. Or it could just be free publicity.

I won't believe it until I read it on their spokesman's twitter.

[Iceman]

The Times ran the Shah story in June - after the initial Indian interest tale had been in the People.

So there is a line in there and it could well be true that Shah has come up with more money. Or it could just be free publicity.

I won't believe it until I read it on their spokesman's twitter.

i was looking for Alan Nixon's Twitter page, cant seem to find one

[nicko]

i was looking for Alan Nixon's Twitter page, cant seem to find one

And you won't.

[Sparky Marky]

Least we all forget prior to Jack, we finished 19th and had spent most of our time bouncing between the 2nd and 3rd division. Without Jacks money we would have carried on as we had, most likely playing further down the pyramid as we had barely signed anyone decent for years.

Idiot, we have been in the top2 divisions since 1980.

[Craigman]

Very interesting Article !

[Ricky]

But the funds for this deal haven’t come out of Venky’s own pockets. The deal is funded by ICICI Bank.

Read more: http://business.in.com/article/special/venkys-sporting-ego/18922/1#ixzz14h2gJSmM

Going to get heated in here again.