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[Archived] Rumour: Venky's To Sell?


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Spot on.

Generally, I can't believe that Venky's have had such a relatively easy ride from the press.

The LT, IMO, has been so benign in its investigations and reporting that its time they got off their arse and started asking the right questions. If they wont be answered then they start writing poignant headlines and articles based on their 'understanding'. Not sure whether Andrew Cryer is up to this or not or it's his superiors that are reigning him in. Whatever, it's a feckin disgrace when the local paper is meant to be the heartbeat of its community. Does anyone remember David Allin (LET reporter) when Iley was manager - my goodness, Allin didn't half stir the pot in the corridors of power at Ewood.

Do you have any examples of David Allin work, just 1 is enough.

What I don't understand why the LET is so poor at its Rovers reporting. It's a local paper and all it covers is Rovers, they should be pushing Rovers to better themselves. I am Dsylexic which is probably obvious with some of my posts :P But I can say to Rovers why are these stories coming out again and again. Sure tell us about what Rovers are saying but don't roll over and play dead and let them spin you a line.

If these stories are false then get someone to sit down and tells us. Even if they can't say why but at least put across the facts we can know.

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This is as deluded and wide of the mark as Gav has been on Venky's.

I simply post what can be safely put on here.

I'm not going to argue with you philipl, you're a long standing poster that I've got respect for, but the way you've 'leaked' information has wound everyone up, that’s a fact.

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its about time this was said, and the people who say "there in the know" should get of there backs and start trying for once to get behind the club and stop trying to look into everything as if there experts when really they dont know the whole picture

0980168.jpg

I cannot wait to fly on your plane.

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Jensen has not gone.

Confirmed by Andy Cryer. The only half reliable source of info. This board has been turned into a really bad joke.

I would consider banning some of the "in the know" guys that can't seem to know what up and down on themselves. :angry:

--

And no, Philipl, that's not a dig on you. I don't remember who said JJ was also going to India.

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:blink::lol:

You should become a personal financial adviser Hughesy- you'd go far!

Correct I would….it’s why Im debt free, earn 8-10% on savings and have money invested in shares.

In this case id start by telling Mrs Desai to clear the over-draft and never use it again. Paying interest to banks is stupid – no matter how short term a fix it is.

My point about getting another over-draft is that it shouldn’t be too difficult, we are still a premier league club with massive premier league income and plenty of valuable assets if the worst came to the worst.

The only issue I can see that the bank could use, is that the private company that was set up for Rovers has nothing else to back it up such as company assets that Venkys own….where as under the trust some of Jack’s assets could have been called in if we ever went to the wall.

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And no, Philipl, that's not a dig on you. I don't remember who said JJ was also going to India.

nicko:

THAT is one of the subjects being discussed at a huge summit in India tomorrow...manager and assistant [strangely] are there.

I know there are rumours both will be bumped. But I am told they will also be asking questions about the budget.

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Correct I would….it’s why Im debt free, earn 8-10% on savings and have money invested in shares.

In this case id start by telling Mrs Desai to clear the over-draft and never use it again. Paying interest to banks is stupid – no matter how short term a fix it is.

My point about getting another over-draft is that it shouldn’t be too difficult, we are still a premier league club with massive premier league income and plenty of valuable assets if the worst came to the worst.

The only issue I can see that the bank could use, is that the private company that was set up for Rovers has nothing else to back it up such as company assets that Venkys own….where as under the trust some of Jack’s assets could have been called in if we ever went to the wall.

Whichever Bank one uses, each will look at their exposure and some form of security from either the club or Venkys, it does depend on what security would be available to put in place, coupled with any other borrowings!!

Remember, did we pay for Formica up front? did we pay Rochinas fee in full, are there any other debts which need to be considered?

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Correct I would….it’s why Im debt free, earn 8-10% on savings and have money invested in shares.

In this case id start by telling Mrs Desai to clear the over-draft and never use it again. Paying interest to banks is stupid – no matter how short term a fix it is.

My point about getting another over-draft is that it shouldn’t be too difficult, we are still a premier league club with massive premier league income and plenty of valuable assets if the worst came to the worst.

The only issue I can see that the bank could use, is that the private company that was set up for Rovers has nothing else to back it up such as company assets that Venkys own….where as under the trust some of Jack’s assets could have been called in if we ever went to the wall.

Your doing well there Hughesy. Where can you get 8-10% on cash these days? Could you let me know, i'll have some of that.

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You can get even higher than that on some of the Indian banks but not as a foreigner. Sorry I can't remember the name of the card you need, its sort of like a NI or social security number before you can get a account.

or ask someone to do it for you!

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Your doing well there Hughesy. Where can you get 8-10% on cash these days? Could you let me know, i'll have some of that.

Three colleagues who have taken pension lump sums have netted 16% for the last two years, PM me and I will give you the contact.

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