[Archived] The Dawn Of A New Era

[ada2020]

Those two had not been signed at the time of the post - if you had bothered to look.

You're also missing the point about Kentaro/SEM and its influence on the club.

But I expect you find that difficult to grasp.

I'll concede the time issue to you.

I don't find the SEM/kentaro issue difficult to grasp either, I choose not to make an issue of it, the term dog with a bone comes mind when considering your posts son.......

[den]

I would have thought it points out that JA is not calling all the shots on transfers, would you disagree?

Not sure. Keen is certainly getting guidance, but on all transfers - I don't know. It's irrelevant anyway, because it's the transfers that he is involved in that's the worry to me. Don't underestimate the influence he is having though. After all, the three most important decisions made to date - sacking Allardyce, appointing Keen and appointing Jensen. Who made those decisions, or should I say recommendations? You might be surprised by the Allardyce comment, but in all honesty Mrs Desai hardly knew enough about football to know about the Allardyce style of play, did she? and if we believe what she did say - that they had intended to sack him all along, it wasn't a reaction to one particular result.

Dual Representation

• If Clubs have a contract with an Agent or Solicitor,

that individual must act for them only and look after

their interests in any negotiation. The individual

must not also act for the Player or any other Club

involved; (C.1)

• A Club cannot use an Agent in relation to a Player

where the Agent (or any connected Agent) has

acted for the Player during the previous 2 transfer

windows (“switching”); (C.2)

• If an Agent acts for the Club in a transaction

involving a Player, the Agent will not be permitted to

act for a Club in relation to that Player (i) in the next

transaction involving the same player or (ii) for a

period of two transfer windows. This will prevent

Agents from “shadow” representing Players

through their careers and seeking payments from

Clubs (i.e. repeatedly claiming to act for a Club

when in fact the Agent is the Player’s Agent); (C.3)

FIFA rules on football agents.

I assume this is what the PL are looking at?

[ada2020]

Not sure. Keen is certainly getting guidance, but on all transfers - I don't know. It's irrelevant anyway, because it's the transfers that he is involved in that's the worry to me. Don't underestimate the influence he is having though. After all, the three most important decisions made to date - sacking Allardyce, appointing Keen and appointing Jensen. Who made those decisions, or should I say recommendations? You might be surprised by the Allardyce comment, but in all honesty Mrs Desai hardly knew enough about football to know about the Allardyce style of play, did she? and if we believe what she did say - that they had intended to sack him all along, it wasn't a reaction to one particular result.

As I said in my last post to Jim, I just choose not to make an issue about JA at this point in time.

I do not deny he has influence, I just do not believe it is as great or concerning as some make out.

If venkys did intend to sack Allardyce all along, assuming there was no influence from JA, is it not feasible that the drubbing at United accelerated their decision?

Let's face it the game at Bolton was shocking too.

You don't need to know a lot about football to realise that 7-1 is not an acceptable result, and the performance was every bit as dour as any other Allardyce inspired performance. Oh, then we lost 2-1 to 10 man Bolton.

For the record I do think Sam's sacking was poorly timed.

Kean was a surprise and certainly not the man I hoped would take Sam's place, however to his credit he is doing well so far.

Would I extend that credit to JA for recommending Kean if he continues to do his job well, yes I would.

Despite what Jim believes I do understand the influence, but there are positives so far, as well as negatives.

I will continue to keep an open mind for now, should probably have kept my mouth shut rather than respond to jim's rant though.

[XLM]

Those two had not been signed at the time of the post - if you had bothered to look.

And Seb Larsson had? We were far more certain at the time that Roque was signing than Larsson. So don't try and give any of that rubbish.

[ada2020]

Dual Representation

• If Clubs have a contract with an Agent or Solicitor,

that individual must act for them only and look after

their interests in any negotiation. The individual

must not also act for the Player or any other Club

involved; (C.1)

• A Club cannot use an Agent in relation to a Player

where the Agent (or any connected Agent) has

acted for the Player during the previous 2 transfer

windows (“switching”); (C.2)

• If an Agent acts for the Club in a transaction

involving a Player, the Agent will not be permitted to

act for a Club in relation to that Player (i) in the next

transaction involving the same player or (ii) for a

period of two transfer windows. This will prevent

Agents from “shadow” representing Players

through their careers and seeking payments from

Clubs (i.e. repeatedly claiming to act for a Club

when in fact the Agent is the Player’s Agent); (C.3)

FIFA rules on football agents.

I assume this is what the PL are looking at?

Yep, I understand this, I keep saying that.

If they find anything then I'll change my opinion, but I'm not going to sit around ###### myself worrying about it for however long that might, or might not take.

I see Newcastle have taken Kia Joorabachian (sp) on board, a similar situation I believe we find ourselves in.

[RevidgeBlue]

No-one is concerned about the players JA hasn't recommended, so what exactly does this post prove?

You know the answer to that one very well already. It would tend to indicate that we are merely using Kentaro as a resource and not exclusively signing their clients as jim was trying to insinuate.

[RevidgeBlue]

Not sure. Keen is certainly getting guidance, but on all transfers - I don't know. It's irrelevant anyway, because it's the transfers that he is involved in that's the worry to me. Don't underestimate the influence he is having though. After all, the three most important decisions made to date - sacking Allardyce, appointing Keen and appointing Jensen. Who made those decisions, or should I say recommendations? You might be surprised by the Allardyce comment, but in all honesty Mrs Desai hardly knew enough about football to know about the Allardyce style of play, did she? and if we believe what she did say - that they had intended to sack him all along, it wasn't a reaction to one particular result.

Dual Representation

• If Clubs have a contract with an Agent or Solicitor,

that individual must act for them only and look after

their interests in any negotiation. The individual

must not also act for the Player or any other Club

involved; (C.1)

• A Club cannot use an Agent in relation to a Player

where the Agent (or any connected Agent) has

acted for the Player during the previous 2 transfer

windows (“switching”); (C.2)

• If an Agent acts for the Club in a transaction

involving a Player, the Agent will not be permitted to

act for a Club in relation to that Player (i) in the next

transaction involving the same player or (ii) for a

period of two transfer windows. This will prevent

Agents from “shadow” representing Players

through their careers and seeking payments from

Clubs (i.e. repeatedly claiming to act for a Club

when in fact the Agent is the Player’s Agent); (C.3)

FIFA rules on football agents.

I assume this is what the PL are looking at?

In my view the overall intention and spirit of the legislation about third parties exerting undue influence etc is to prevent an unsuitable owner wriggling round the "fit and proper test" by buying a Club and installing someone to run it for them.

If the money to buy BRFC came from the Rao's (and I assume they were vetted and cleared by the PL) and Mrs.Desai WANTS to pay Anderson to act as an advisor and acts with or against any advice given out of her own free will then that surely should be the end of the matter as far as the PL are concerned.

P.S. I stand to be corrected but the PL aren't "looking at" anything specific in relation to BRFC over and above the extent to which they monitor compliance of the regulations at all Clubs are they. And as far as I am aware no breach of regulations has been alleged despite philip's one man campaign to smear the new owners..

[Craigman]

The Bollywood Billionaires at Blackburn

[XLM]

The Bollywood Billionaires at Blackburn

That's just about everything you could want to hear. If only they could have spoken like that from the beginning.

[BuckyRover]

Those PR guys are worth their weight in gold

[ada2020]

That is a brilliant article, clearly they have money to put into the club and intend to run it to the best of their abilities.

Agree with Bucky if hes right about new PR, they have scored with that article.

Why aim for 15th or 20th, sweet music to my ears.

Reckon Vinjay will pass out if he reads that think big comment.

[Sverre]

The Bollywood Billionaires at Blackburn

Just read it. Excellent article.

We can argue all day about how much money they actually have.. But one thing is certain, their business will arguably see a vast increase, which is in line with the rest of the economic boom of Asia. If it wasn't for China and also India, we would not have suffered a recession in 2008-09 but a depression the likes of the 1930's. I would be more worried about an European or an American business than an Asian one these days. Fact is, the economical supremacy of the West is in decline.

[AggyBlue]

That's just about everything you could want to hear. If only they could have spoken like that from the beginning.

Yes. if we had that information available at the time of the take over it would have eased many of our worries.

[BRFCS Content]

Another Positive Article

[ChesterRover]

That's the first positive journalism about Rovers in a long time, great article and hopefully food for thought for the 'Profits of Doom'.

Would it be too much to ask for us all to stay positive and give these guys a chance?

Lets face it the club was going nowhere fast under the previous regime, so over to you Venky's please take us forward!

[philipl]

Just a quick fact check on that article doesn't match with what their own published accounts or web sites are disclosing.

The core chicken business in India is only 53% owned by the Rao family and one third of its capital is in debt finance (the article says "There are no external partners and no debt.")- this is not me being picky, it is in their published accounts.

It is wonderful news for Rovers if this article is true but nobody should lose sight of the fact that with the Rao family thus far, what has been said is not what we have necessarily got.

Read more: http://www.dailymail.co.uk/sport/football/article-1347547/The-Bollywood-billionaires-Blackburn.html#ixzz1B9BvDi6I

[bigbrandjohn]

That is a brilliant article, clearly they have money to put into the club and intend to run it to the best of their abilities.

Agree with Bucky if hes right about new PR, they have scored with that article.

Why aim for 15th or 20th, sweet music to my ears.

Very well positioned article. Timing is everything.

Reckon Vinjay will pass out if he reads that think big comment.

[gumboots]

How concrete was this whole "Jones to Chelsea" thing then? Are we expecting him to be leaving in Summer? Seems I missed this.

Well, I did hear from a youth team player that he was going to Chelsea, but there was no suggestion, as some have made, that it wasn't something he wanted. It just seemed to be an accepted fact. However, when I attended a Rovers training session a few years back several of the players were referred to when they made a mistake as "well, you know he's going to (Arsenal or whoever)" so it could just have been a throwaway like that too.

[mhead]

That article is brimful of enthusiasm and honesty.The bit at the end about "if we were only in it for the PR etc" is absolutely right.

We should feel privileged to be partners of theirs.

[Mattyblue]

Well that article has made me rest slightly easier.

Good PR goes a long way way, but by God why didn't they do something like that earlier!

[47er]

Well that article has made me rest slightly easier.

Good PR goes a long way way, but by God why didn't they do something like that earlier!

I don't suppose they realised the need.

[Valois]

Just a quick fact check on that article doesn't match with what their own published accounts or web sites are disclosing.

The core chicken business in India is only 53% owned by the Rao family and one third of its capital is in debt finance (the article says "There are no external partners and no debt.")- this is not me being picky, it is in their published accounts.

It is wonderful news for Rovers if this article is true but nobody should lose sight of the fact that with the Rao family thus far, what has been said is not what we have necessarily got.

Read more: http://www.dailymail.co.uk/sport/football/article-1347547/The-Bollywood-billionaires-Blackburn.html#ixzz1B9BvDi6I

From this article it suggests they own 70% of the market for broiler chickens, and around 90% for layer chicks.

http://www.thehindubusinessline.com/catalyst/2010/12/02/stories/2010120250090300.htm

Assume the 53% market share is for the whole intergrated poulty business? This would include, feed, vaccines and farming equipment etc.

Either way 90% or 53% of a market share of a population of over 1 billion is big business, add to their global operations, I think it's safe to say these guys are not short of a bob or two.

Haven't been able to locate anything in regards to the details of their external debt. Wonder if you still have the link Phil?

I do agree that given their previous interviews, it's hard to believe everything you read, however I think the last paragraph of the article is interesting - If I buy as the first Indian and fail, that is a huge embarrassment.

By making a complete hash of things with Rovers, they have nothing to gain, but everything to lose, including their pride, and the reputation of a long run family business.

Lets hope the PR bloopers are a thing of the past, and we see more articles like this one, and not the amateurish ones we have seen/read previously.

[philipl]

Sorry Valois, you are missing the point I made.

The Mail article says no external partners and no debt.

This is Venky's own web site showing that 56% of the shares are in the hands of promoters and promoters parties ie the Rao family in one form or another.or So at least 44% is in the hands of external parties.

Again from Venky's own web site- their latest annual report. Go to page 6 and in Lakhs on the Balance Sheet:

Share Capital 939

Borrowings 8,992

[Valois]

Sorry Valois, you are missing the point I made.

The Mail article says no external partners and no debt.

This is Venky's own web site showing that 56% of the shares are in the hands of promoters and promoters parties ie the Rao family in one form or another.or So at least 44% is in the hands of external parties.

Again from Venky's own web site- their latest annual report. Go to page 6 and in Lakhs on the Balance Sheet:

Share Capital 939

Borrowings 8,992

Thanks Phil, their website keeps crashing when I try to view it for some reason.

I fully understood the point you were making in regards to debts and shareholders.

I'm certainly no expert when it comes to business, but having looked at the shareholding pattern it looks like your right. In regards to the debts, I'm assuming these are bank loans for mortgages for the purchase of land and property?

I still think the wealth, and power of the Rao's/Desai's have been under estimated by some, clearly they are a company on the up, not in decline, and clearly have the capital to invest in the club. Again the proof will be in the pudding, and we will see just how serious they are to make this succeed over a period of time, rather than in a few months.

[philipl]

The use and pyrpose of the debt is not clear but it seems to be treated as capital debt- probably a bond of some sort.

The key point is the Daily Mail article is incorrect in this easy to check respect.

Opens the question of what else is inaccurate.