[Archived] Rumour: Venky's To Sell?

[ABBEY]

Thank you Glenn.

The stupidity of Black burn's posts are something on a par with with the wise words of Barry White himself. It is hard not to be suspicious.

I am now left wondering the identity of our other pro-Venkys stalwart - Zaccaius. He claims his father was a former record holding player!! Is he insinuating that his father is Derek Fazackerley (hence the "Zac")? Surely not !?!?!?!

You çant say Barry white zacc dingle will say your racist lol.

[Black Burn]

I disagree with this. I don't always agree with him, but the few times he's appeared "dense", from my view, I think are associated with language/nuance.. For example, at one point he didn't seem to get that I was giving him a sideways compliment which makes me suspect that he is either incredibly literal or English is his second language.

I apologize for that. I think it's cultural difference because beer seems to be a natural drink in Japan.

Not to mention my own Dad downs one or two cans himself every night when he gets home.

[ABBEY]

As things stand I wouldn't believe the venkys if they told me it goes dark at night.

I apologize for that. I think it's cultural difference because beer seems to be a natural drink in Japan.

Not to mention my own Dad downs one or two cans himself every night when he gets home.

Only one or two cans?

[Black Burn]

As things stand I wouldn't believe the venkys if they told me it goes dark at night.

Only one or two cans?

He's getting old. Three is the max, but any more would be bad for his liver, or that's what I tell him. I have nothing against him drinking, though.

But people do find it weird that I don't drink, which is why I was worried that I might be offending people with my abstinence from alcohol. It's not a sin to drink.

I think Muslims think it is a sin to drink alcohol in accordance to their religion, though. I might be wrong on that point.

[philipl]

Yes. Here's a summary

Kamy got good intel off a good an trusted contact, who has been good for this kind of info in the past, with extra info that all checked out.

The is a rumour going around, people one or two levels of separation have heard from people they know and trust (Paul, TimmyJimmy etc).

Kamy finally got something other than "No Comment" from Venky's. They are now denying it.

The story may or may not be dead. Watch this space (or don't).

I understand the checking out was extremely thorough and until somebody from Venky's made that phone call at 3am Indian time this morning producing the LT story, the checking out was either supporting or not denying the sale rumour. It was unusual for a "hidden" story to be so consistently pointing in the same direction from so many reliable or authoritative sources.

By the way, I never cease to be astonished by the extraordinary ability of BRFCS members to speak with the most hard to reach people- not just this week but right through the protracted saga of the sale by the Walker Trust.

In the sale of a football club there are many parties. The key one is the owner and if they decide there is no sale, they can be incredibly stubborn. But there are also the potential buyers who can be very determined and persistent, the professionals on both the buying and selling side who have a fee interest so work extremely hard to revive a sale, and, in the case of a football club, a huge number of other stakeholders who have an interest in this.

Not least the fans who undoubtedly have opinions and wallets.

So it is not just the existing owners who determine whether the sale story or buying activity dies or not.

We don't know how determined the buyers are, the management of the club (such as it is now) might be advising the owners they have gone as far as they can, the professional advisers invariably don't like the prospect of fees disappearing so don't give up on the strength of just one press story in the local rag and the fans could collectively tell the owners they have had enough.

[PAFELL]

I understand the checking out was extremely thorough and until somebody from Venky's made that phone call at 3am Indian time this morning producing the LT story, the checking out was either supporting or not denying the sale rumour. It was unusual for a "hidden" story to be so consistently pointing in the same direction from so many reliable or authoritative sources.

By the way, I never cease to be astonished by the extraordinary ability of BRFCS members in getting to the most hard to reach people- not just this week but right through the protracted saga of the sale by the Walker Trust.

In the sale of a football club there are many parties. The key one is the owner and if they decide there is no sale, they can be incredibly stubborn. But there are also the potential buyers, the professionals on both the buying and selling side who have a fee interest in there being a transaction and in the case of a football club, a huge number of other stakeholders who have an interest in this.

Not least the fans who undoubtedly have opinions and wallets.

So it is not just the existing owners who determine whether the sale story dies or not.

There might be a determined buyer, the management of the club (such as it is now) might advise the owners they have gone as far as they can, the professional advisers invariably don't like the prospect of fees disappearing and the fans could collectively tell the owners they have had enough.

Also not forgetting that if venkys have upset the agents - that puts them in a very bad position. Agents deal with each other, sometime share and would also have a professional relationship with each other. If all the agents then said 'do not deal with Rovers' the owners as well as the club are screwed. No players and in no players out - basically a strangle hold on the club. If that happened the owners would be forced to sell the club. I also think if a situation like that happend the premier league hopefully, would step in. I wonder if the a fit and proper person thing with the prem can be withdrawn.

[RovertheHill]

Also not forgetting that if venkys have upset the agents - that puts them in a very bad position. Agents deal with each other, sometime share and would also have a professional relationship with each other. If all the agents then said 'do not deal with Rovers' the owners as well as the club are screwed. No players and in no players out - basically a strangle hold on the club. If that happened the owners would be forced to sell the club. I also think if a situation like that happend the premier league hopefully, would step in. I wonder if the a fit and proper person thing with the prem can be withdrawn.

Agents will deal with whoever pays their fees

Thank you Glenn.

The stupidity of Black burn's posts are something on a par with with the wise words of Barry White himself. It is hard not to be suspicious.

I am now left wondering the identity of our other pro-Venkys stalwart - Zaccaius. He claims his father was a former record holding player!! Is he insinuating that his father is Derek Fazackerley (hence the "Zac")? Surely not !?!?!?!

People in glass houses...

[Exiled in Toronto]

Yes. Here's a summary

Kamy got good intel off a good an trusted contact, who has been good for this kind of info in the past, with extra info that all checked out.

The is a rumour going around, people one or two levels of separation have heard from people they know and trust (Paul, TimmyJimmy etc).

Kamy finally got something other than "No Comment" from Venky's. They are now denying it.

The story may or may not be dead. Watch this space (or don't).

So the story is that someone wants to buy? Correct? And thus may well be spreading the word to get the fanbase clamouring for Venky's to sell?

[booth]

Eeh... There was a time when football was a simple spectator sport, now it's all private detecting and politics. I remember as a lad not even knowing who the chief exec or owners were. Football is broken it's official, yet I still have a season ticket and can't wait for the 13th August. Madness.

Politics and money ruin everything.

[bob fleming]

So the story is that someone wants to buy? Correct? And thus may well be spreading the word to get the fanbase clamouring for Venky's to sell?

Could be. It would be fantastic if it's true and they did sell wouldn't it. The fact that they've come out and stated that they're in it for the long terms leads me to believe that 1. they are in it for the long term or 2. they're in it for the short term or 3. They are looking to sell. In the time they've been here I find that it's best to cover all the bases when they issue a statement because let's face it anything could happen.

They would make millions (take P Jones money, take some Sky TV money, take a mortgage, sell it for more than they bought it for) and the Venky's name is probably well known in the UK now, that's your Marketing campaign. Job done. The football club is knackered and the people who could make a difference have all left.

I imagine that the Venky's "Giveashitometer" will look something like this...

[philipl]

Also not forgetting that if venkys have upset the agents - that puts them in a very bad position. Agents deal with each other, sometime share and would also have a professional relationship with each other. If all the agents then said 'do not deal with Rovers' the owners as well as the club are screwed. No players and in no players out - basically a strangle hold on the club. If that happened the owners would be forced to sell the club. I also think if a situation like that happend the premier league hopefully, would step in. I wonder if the a fit and proper person thing with the prem can be withdrawn.

The role of football agents in the sale of clubs is ambiguous but has been decisive on a number of occasions. I have to admit that Kentaro stand out ahead of the crowd in terms of deals actually done.

On the other hand, the role of football agents in transferring players is all too clear.

The saving grace in terms of Pafell's "do not deal with Rovers" is agents are a dog eat dog bunch so Rovers probably only have 50% of the football world spitting wrath. Of course, everything for Rovers on the transfer front is (after taking football inflation out of the equation) now enormously more expensive for Venky's-owned Rovers than they were for Trust-owned Rovers. You cannot have the following problems without paying through the nose:

- not only zero expertise but everybody knows the Rao family are naked babes in the football woods

- not only too proud to ask the people with expertise but getting rid of them because they had expertise the Raos could not comprehend

- paying agents to do the job compared with having the lowest proportionate agent payments in the PL under the Trust

- talking repeatedly about marquee signings

- talking repeatedly about £40m transfer pots

- talking repeatedly about football ambitions which sound nicely expensive to every shark in the game

- having an expensively-complied transfer policy, stopping it on a whim after making numerous enquiries, denying that they were serious enquiries (and in some cases winding back from real bids), having nobody in charge who could sort out the mess, not understanding that having nobody in authority with experience is a problem, as a result becoming very visibly to the people that matter in football transfers that we are in a state of total shambles, and finally changing agents/having new agents/ having innumerable agents depending on who you talk to.

- the whole of football knowing that the lady who isn't signing the cheques doesn't know her giblets from her wishbone when it comes to running a football club. All credit to Mrs D, she has said so herself albeit in less avian terms.

- oh I forgot the massive drawing power and commanding stature of Steve Kean.

I haven't looked at the football transfer thread for the best part of a week because absolutely nothing could happen where it really matters. Perhaps things changed last night but will they change again and again and...??? That apparently is the expectation of anyone trying to do a football deal with Venky's now.

The question as I see it this evening is are Venky's and Rovers going down in flames destroying the club and themselves in the process (they probably haven't yet worked out why this is an existential problem for themselves yet) or will the Rao family exit honourably with their wealth intact?

If nothing else, The Parliamentary Select Committee plus the Parliamentary Inquiry into Leeds United and the Running of Football are almost certainly going to recommend regular renewal of fit and proper tests of owners and directors on a far more public and rigorous basis and I cannot see the FA or Premier League being in any position to stop it if they do.

That would have to be terrible news for Venky's.

So the story is that someone wants to buy? Correct? And thus may well be spreading the word to get the fanbase clamouring for Venky's to sell?

Nope, hat tip to news bunny and one other on this one.

[JonnyH]

I am now left wondering the identity of our other pro-Venkys stalwart - Zaccaius. He claims his father was a former record holding player!! Is he insinuating that his father is Derek Fazackerley (hence the "Zac")? Surely not !?!?!?!

I can't speak for who Zac is but I think I can remove any direct Faz link on that.

[47er]

So the story is that someone wants to buy? Correct? And thus may well be spreading the word to get the fanbase clamouring for Venky's to sell?

Hopefully!

Nope. I did it because I genuinely thought you were a Venky's PR agent too. I was quite disappointed to prove myself wrong.

He's definitely an unofficial one then.

[Steve Moss]

The saving grace in terms of Pafell's "do not deal with Rovers" is agents are a dog eat dog bunch so Rovers probably only have 50% of the football world spitting wrath. Of course, everything for Rovers on the transfer front is (after taking football inflation out of the equation) now enormously more expensive for Venky's-owned Rovers than they were for Trust-owned Rovers.

I don't know if the Rovers have upset any agents, let alone 50% of them. Assuming that's true, however, it would drive up prices all by itself. If they exclude themselves from half the market, then they've cut their supply in half without doing anything about demand. Which from my faint memories of Economics 101 indicates price goes up along the supply demand curve.

[LeChuck]

Ok, here's what we should do.

Let's start a BRFCS Euromillions syndicate. £166 million last time I checked. Everyone who puts money into the syndicate gets shares in the club after some of the money is used to buy it from Venkys, with the shares being distributed depending on the amount paid into the syndicate. Put the rest of the money in Rovers' account, get John Williams and Mark Hughes back at the club and away we go.

Assuming that our luck comes in one week in the near future, the process is flawless. Unless Vinjay puts his life savings into the syndicate and becomes majority shareholder, that is.

[roverwhelmed]

Ok, here's what we should do.

Let's start a BRFCS Euromillions syndicate. £166 million last time I checked. Everyone who puts money into the syndicate gets shares in the club after some of the money is used to buy it from Venkys, with the shares being distributed depending on the amount paid into the syndicate. Put the rest of the money in Rovers' account, get John Williams and Mark Hughes back at the club and away we go.

Assuming that our luck comes in one week in the near future, the process is flawless. Unless Vinjay puts his life savings into the syndicate and becomes majority shareholder, that is.

I reckon you're onto a winner there!

[RoverInverness]

Strange, Black Burn is one of the most articulate posters on here and tends to give balanced views IMO, which part of his posts are stupid?

"Anyway, I asked my friend on IM, and he tells me he hasn't heard anything about Venkys wanting to sell Rovers to anybody. But then again even if the top brass did they wouldn't tell him anyway so don't take my word as absolute truth. He did tell me though that Venkys are trying their best to get a signing within this week to quiet the fans or something along those lines."

"But what if...and I really mean if...their silence is because they are too busy chasing targets, nailing down players and negotiating contracts to pay attention to all these rumors of financial trouble, club-selling and whatever?"

"Oh, and before I forget - a line from my friend: "Selling the club? No, no, I don't think so. We're staying here for long-term. The higher-ups have a vision and they are trying their best to realize it, but it will take time." "

I can not be bothered looking for any more examples.

People in glass houses...

Apologies professor.

[Black Burn]

He's definitely an unofficial one then.

When he said I'm not a Venkys PR agent, he was covering both official and unofficial.

Please...enough of this. It isn't funny at all.

Anyway, Venkys to employ family members to deal with transfer deals. Doesn't look like they are selling in the near future if this is the case.

"Anyway, I asked my friend on IM, and he tells me he hasn't heard anything about Venkys wanting to sell Rovers to anybody. But then again even if the top brass did they wouldn't tell him anyway so don't take my word as absolute truth. He did tell me though that Venkys are trying their best to get a signing within this week to quiet the fans or something along those lines."

"But what if...and I really mean if...their silence is because they are too busy chasing targets, nailing down players and negotiating contracts to pay attention to all these rumors of financial trouble, club-selling and whatever?"

"Oh, and before I forget - a line from my friend: "Selling the club? No, no, I don't think so. We're staying here for long-term. The higher-ups have a vision and they are trying their best to realize it, but it will take time." "

I can not be bothered looking for any more examples.

You do realize that some of your examples are me quoting my friend on IM?

I never stated my opinion on them, just told you guys what he told me and warned you that it might not be true. And as it turned out it wasn't true, which is why I'm no longer quoting my friend here.

The second was just a hypothesis and me stating a possibility. If you think using "what if" makes me stupid, then fine. I wasn't stating facts, I was proposing a near-impossible scenario. I could be wrong - in fact I do admit there's 99.9% chance of that being wrong, but there's still the 0.1%, isn't it?

Whatever. This just proves that saying whatever you don't want to hear makes me stupid. Unfortunately, I'm not about to jump on the bandwagon and sing the same hymns and curses just because most of the others are doing it. If it makes me stupid, so be it.

How ironic it is that the West is supposed to criticize Asians for conforming to social values and encourage them to be different and "individualistic", but I see a real-life example of a messageboard predominantly West hammering down the nail that sticks out. Real life is really different from stereotypes published in Western academia, eh?

[RoverInverness]

When he said I'm not a Venkys PR agent, he was covering both official and unofficial.

Please...enough of this. It isn't funny at all.

Anyway, Venkys to employ family members to deal with transfer deals. Doesn't look like they are selling in the near future if this is the case.

You do realize that some of your examples are me quoting my friend on IM?

I never stated my opinion on them, just told you guys what he told me and warned you that it might not be true. And as it turned out it wasn't true, which is why I'm no longer quoting my friend here.

The second was just a hypothesis and me stating a possibility. If you think using "what if" makes me stupid, then fine. I wasn't stating facts, I was proposing a near-impossible scenario. I could be wrong - in fact I do admit there's 99.9% chance of that being wrong, but there's still the 0.1%, isn't it?

Whatever. This just proves that saying whatever you don't want to hear makes me stupid. Unfortunately, I'm not about to jump on the bandwagon and sing the same hymms and curses just because most of the others are doing it. If it makes me stupid, so be it.

How ironic it is that the West is supposed to criticize Asians for conforming to social values and encourage them to be different and "individualistic", but I see a real-life example of a messageboard predominantly West hammering down the nail that sticks out. Real life is really different from stereotypes published in Western academia, eh?

[Black Burn]

Why are you quoting me without saying anything?

I get it that you find me stupid, and you're entitled to do so. I won't argue against my lack of intelligence. Not that your low opinion of me makes much of a difference to me.

It's just that amidst a sea of flames and hellfire burning the Venkys at stake, I chose to play devil's advocate and pretend to be a defense attorney, and somehow I get accused of being stupid and being a Venkys PR agent.

I've said it before: your grievances are justified. You guys are entitled to complain. Things are not looking good.

But there is a possibility that there is a thin ray of sunlight shining through the dark clouds that have gathered over Ewood Park. If you think searching for that thin ray of light is stupid, then so be it. I won't argue with that.

You are entitled your opinions. I, apparently, am not.

[JAL]

Why are you quoting me without saying anything?

I get it that you find me stupid, and you're entitled to do so. I won't argue against my lack of intelligence. Not that your low opinion of me makes much of a difference to me.

It's just that amidst a sea of flames and hellfire burning the Venkys at stake, I chose to play devil's advocate and pretend to be a defense attorney, and somehow I get accused of being stupid and being a Venkys PR agent.

I've said it before: your grievances are justified. You guys are entitled to complain. Things are not looking good.

But there is a possibility that there is a thin ray of sunlight shining through the dark clouds that have gathered over Ewood Park. If you think searching for that thin ray of light is stupid, then so be it. I won't argue with that.

You are entitled your opinions. I, apparently, am not.

Thing is Black Burn, we cant wait or hold forever searching for this thin ray of sunlight. Time is running out and running out pretty fast around here, to lets hope Venky's will be able and more importantly committed to beating the clock and thus deliver an improved Blackburn Rovers football team.

[Athlete]

Why are you quoting me without saying anything?

I get it that you find me stupid, and you're entitled to do so. I won't argue against my lack of intelligence. Not that your low opinion of me makes much of a difference to me.

It's just that amidst a sea of flames and hellfire burning the Venkys at stake, I chose to play devil's advocate and pretend to be a defense attorney, and somehow I get accused of being stupid and being a Venkys PR agent.

I've said it before: your grievances are justified. You guys are entitled to complain. Things are not looking good.

But there is a possibility that there is a thin ray of sunlight shining through the dark clouds that have gathered over Ewood Park. If you think searching for that thin ray of light is stupid, then so be it. I won't argue with that.

You are entitled your opinions. I, apparently, am not.

sorry you dont even come across as a Rovers fan....from home or abroad/long distance

your essay ramblings are non sensical

[47er]

When he said I'm not a Venkys PR agent, he was covering both official and unofficial.

Sorry--I didn't make myself clear--I meant unofficial and self-appointed.

[Black Burn]

Thing is Black Burn, we cant wait or hold forever searching for this thin ray of sunlight. Time is running out and running out pretty fast around here, to lets hope Venky's will be able and more importantly committed to beating the clock and thus deliver an improved Blackburn Rovers football team.

Yes, I understand that. I'm not denying that. I am also hoping for Venkys to be able to make it in time and improve Blackburn Rovers before the window closes.

Maybe above the dark clouds, somewhere we can't see, there's a bright sun shining happily on an efficiently-run heaven.

Or maybe above the clouds lay a meteor shower ready to burst through anytime and rain down destruction our own beloved Ewood Park.

We can only guess and hope.

sorry you dont even come across as a Rovers fan....from home or abroad/long distance

your essay ramblings are non sensical

So for me to be a real Rovers fan, I should start bashing Venkys and accusing them of being liars?

Didn't know it was a requirement.

I apologize if my ramblings seem nonsensical. Please ignore me if you can't stand reading them.

[PAFELL]

Why are you quoting me without saying anything?

I get it that you find me stupid, and you're entitled to do so. I won't argue against my lack of intelligence. Not that your low opinion of me makes much of a difference to me.

It's just that amidst a sea of flames and hellfire burning the Venkys at stake, I chose to play devil's advocate and pretend to be a defense attorney, and somehow I get accused of being stupid and being a Venkys PR agent.

I've said it before: your grievances are justified. You guys are entitled to complain. Things are not looking good.

But there is a possibility that there is a thin ray of sunlight shining through the dark clouds that have gathered over Ewood Park. If you think searching for that thin ray of light is stupid, then so be it. I won't argue with that.

You are entitled your opinions. I, apparently, am not.

Can you tell us what this 'thin ray of sunlight shining over ewood park is?' As I cannot see it with these owners.