[Archived] Rumour: Venky's To Sell?

[The Rover of Finland]

You have to give credit to Venkys on this.

We fans wanted to know:

UPDATE ON SPONSOR - Club statement released that this should hopefully be concluded within the next few weeks.

UPDATE ON TRANSFERS -Club statement released that we are actively looking for a striker and midfielder. However, will not pay over the odds. Also looking at long term plans, which points to the owners wanting to stay at the club.

UPDATE ON SALE OF THE CLUB - Statement released through the LET that they are not looking to sell.

We wanted answers and we seem to have got them. They are communicating with the fans slowly, but surely.

Patience.

"Within the next few weeks" is our new "business as usual". Gives you hope for the better future but at the same time means absolutely nothing.

[Mattyblue]

Credit for what?

Thanks for letting us know that we are not even interested in a defender. Bring in a free transfer up front and we are ready to go.

[Gav]

You have to give credit to Venkys on this.

We fans wanted to know:

UPDATE ON SPONSOR - Club statement released that this should hopefully be concluded within the next few weeks.

UPDATE ON TRANSFERS -Club statement released that we are actively looking for a striker and midfielder. However, will not pay over the odds. Also looking at long term plans, which points to the owners wanting to stay at the club.

UPDATE ON SALE OF THE CLUB - Statement released through the LET that they are not looking to sell.

We wanted answers and we seem to have got them. They are communicating with the fans slowly, but surely.

Patience.

You're going to get hammered for that son

[A cup of beans]

You have to give credit to Venkys on this.

We fans wanted to know:

UPDATE ON SPONSOR - Club statement released that this should hopefully be concluded within the next few weeks.

UPDATE ON TRANSFERS -Club statement released that we are actively looking for a striker and midfielder. However, will not pay over the odds. Also looking at long term plans, which points to the owners wanting to stay at the club.

UPDATE ON SALE OF THE CLUB - Statement released through the LET that they are not looking to sell.

We wanted answers and we seem to have got them. They are communicating with the fans slowly, but surely.

Patience.

all well and good communicating blue and white.. but what if the striker is pavone and the midfielder is another freebie ??

lets hope not, eh!

[Gav]

all well and good communicating blue and white.. but what if the striker is pavone and the midfielder is another freebie ??

lets hope not, eh!

[tony gale's mic]

You have to give credit to Venkys on this.

We fans wanted to know:

UPDATE ON SPONSOR - Club statement released that this should hopefully be concluded within the next few weeks.

UPDATE ON TRANSFERS -Club statement released that we are actively looking for a striker and midfielder. However, will not pay over the odds. Also looking at long term plans, which points to the owners wanting to stay at the club.

UPDATE ON SALE OF THE CLUB - Statement released through the LET that they are not looking to sell.

We wanted answers and we seem to have got them. They are communicating with the fans slowly, but surely.

Patience.

You need to get those rose tinted lenses changed.

[broadsword]

You have to give credit to Venkys on this.

We fans wanted to know:

UPDATE ON SPONSOR - Club statement released that this should hopefully be concluded within the next few weeks.

UPDATE ON TRANSFERS -Club statement released that we are actively looking for a striker and midfielder. However, will not pay over the odds. Also looking at long term plans, which points to the owners wanting to stay at the club.

UPDATE ON SALE OF THE CLUB - Statement released through the LET that they are not looking to sell.

jam tomorrow.

Actions speak louder than words and this is just holding news, designed to appease fans. I just don't believe them.

If you're willing to take that at face value, good for you.

[Al]

Why do people just quote a post without a comment? Just takes up space.

Edit. Makes no sense now because a previous post has been deleted.

[howzat]

if they are freebies or loans its gonna go off big time when we get spanked by wolves, course the rao's wont be there cause it seems that they don't give a toss.

[davulsukur]

'hopefully have a striker and midfielder in by the end of the transfer window'?

We dont have a prayer if thats all we are officialy now persuing - especially of we now are forced to offload players to repay debts.

What a shambles.

Edit - has this link been edited by Rovers? Unless I am mistaken, it did say 'hopefully', but now says 'fully intend'

I think thats a bit misleading, we weren't forced to sell him to pay the bank, by all accounts we tried desperately to keep him. I think the owners have seen the opportunity to use that cash for the bank payments and have taken it but they were not forced to do so.

[Blue n White Rover]

all well and good communicating blue and white.. but what if the striker is pavone and the midfielder is another freebie ??

lets hope not, eh!

Then it's just "Business as usual"

[A cup of beans]

I think thats a bit misleading, we weren't forced to sell him to pay the bank, by all accounts we tried desperately to keep him. I think the owners have seen the opportunity to use that cash for the bank payments and have taken it but they were not forced to do so.

i agree they werent forced to use the PJ money, but it seems theyve decided too.

which is worse! shocking!

[Gav]

Then it's just "Business as usual"

You know what I posted the same last week, sell an asset or 2 and bring in cheap replacements not really up to it.

BUSINESS AS USUAL

[Blue n White Rover]

You're going to get hammered for that son

It's true what I am saying though GAV. We had loads of posters slating the Owners for not communicating with us fans. They've given us an update on ALL 3 bleeding situations, what more can you ask for from them.

They've addressed the fans and set themselves deadlines to bring in targets as well as sponsorship deals. Now sit back, relax and continue to enjoy the ride.

It seems as though they can't win either way.

[A cup of beans]

Then it's just "Business as usual"

if only it was.

as its stands, we will be weakend further.. kalinic will be sold, as will samba.

and thats the best case scenario!

[Exiled in Toronto]

jam tomorrow.

Actions speak louder than words and this is just holding news, designed to appease fans. I just don't believe them.

If you're willing to take that at face value, good for you.

How many really believed we were "closing in on a mystery striker" the last 2 summers?

If they aren't going to be believed, which past track record may suggest is a reasonable stance, why the clamour on here for them to communicate?

[hawkiiz]

i agree they werent forced to use the PJ money, but it seems theyve decided too.

which is worse! shocking!

Why?

If they decided to pay off the loan, then this whole discussion has been based on wrong information.

[Exiled in Toronto]

I think a sense of proportion would come in handy at the moment.

Big breaths, let's embrace our disappointment, calm down and carry on

Thank you for that post.

So, from your perspective, this isn't quite the tsunami breaching a meteorite-damaged dam that will engulf the Titanic, or whatever the metaphors used on here recently were? Disappointing but not potentially terminal?

[broadsword]

i'm not bothered about hearing from them as I won't take a blind bit of notice.

[PAFELL]

Saves clicking the link:

The board of Blackburn Rovers Football Club wishes to clarify its strategy of optimising the current playing squad in a manner which is sustainable and beneficial to the long term interests of the club and its supporters.

During the close season there is always a frenzy of transfer rumours linking every club in the land with a diverse range of players and we are no exception. We will not comment on such speculation as it will only lead to further press comment but we can assure our supporters that we will only enter into negotiations with other clubs and agents on terms which are commercially viable and are within the market norms accepted by every other club, as we are sure our supporters would demand and expect. We assure you that we will continue to explore all avenues to improve the squad for the sustainable long-term benefit of the club.

We are currently busy exploring the recruitment of a striker and a midfielder - and we fully intend to have both of them in place before the transfer window closes. We will continue to make every effort to bring in the players we feel we need and we ask you, our supporters, to remain patient.

Agents have left the building.

[CAPT KAYOS]

First off - sorry to trawl back over weekend posts and to and froing on the multi quotes - but just playing catch up and its taken me a while to put this together - note no offence is intended and majority wise is my own viewpoint.

I was willing to let things flow and see if Venkeys could right their wrongs so to speak and have kept fairly quiet on the whole scenario hoping that normality would finally settle and we would be back to 'good old Rovers' and all would be happy (to a degree) with anticipation of the oncoming season (as always)- well at least until the first game - but as we all know, things are being revealed quicker than a Rolf Harris painting.

so I begin .. .

Oh dear oh dear - and I hate to say it , but the reality of the P/L is now coming to light and not just for the Rovers - and the majority of us fans (albeit like sheep) have to accept some responsibility and this crazy insistence for everything P/L.

There aint no trumpet sounding or hindsight for a few of us on here including myself Paul ,Theno , Bryan etc- but what we feared re the ridiculous waves of money circulating throughout the game (especially out) and what it brought with it and what we predicted to a degree is now coming home to hatch (sorry).

As with the '39th' game I have continually posted about that if we where indeed to continue to ' have take part ' in the 'glamour' of the P/L we really needed somebody who understood where and what Blackburn is and what a 'uniqueity' Rovers really are and what are about and did we really want to be part of all the shenanigans

I hate to hear the 'token' term that we where boxing above our weight - when in all fact we where holding our heads high and being run very well under the circumstances and deserved to be where we were - much to the annoyance of many in the higher echelons on the money driven crazy empires of Football.

thenodrog

Posted Yesterday, 12:33 PM

Paul Mellelieu, on 17 July 2011 - 07:07 AM, said:

Paul is right about the underlying financial position the club is in, which is why no-one bought it for over two years of being on sale.

You can't make money out the club.

The simplest and most logical comment (and one that I have repeated many times over) is that if you could make money out of BRFC then the Walker Trust would never have sold.

den, on 17 July 2011 - 10:44 AM, said:

Bottom line is, if we accept that the academy has made little, or indeed any profit since it's been in existence, then to bring it into bigger profit would take even more money. That money would have to come from the already inadequate transfer budget. We really can't put more cash into gambling on youth, while at the same time spending more cash on the transfer budget. We don't have the funds to do both.

IMO.

Lancashire United argument all over again den. Without foreign owners chucking money at us it is the only feasible solution

Theno - you are indeed correct and the main soapbox campaigner if I might add, for which much of what you have posted on the subject I have agreed.

However, to me this goes against the argument for your 'baby' Lancashire Utd - as imo it still would not be a feasible option to compete (never mind the backlash from whichever affected clubs)

Bryan

Posted Yesterday, 12:48 PM

Did anyone really believe all that jive about making Rovers "India's club"? There was never any realistic prospect of that. Mind you, it didn't stretch credibility as much as saying we could get amongst the Champion's League placings with a few players "on lease".

Not some of us Bryan including your goodself going by the posts you have made before and after.

LeChuck

Posted Yesterday, 04:22 PM

We should have seen this coming when they arrived, speaking about European football with £5 million per window showed they had no idea. Steve Kean needs lynching for continually feeding their delusions to keep his job. "I'm sure we'll be [in the Champions League] in a few years". Yeah, right.

adsfortheblues

Dave whelans prediction could come true when he said eventually something like this would happen and it would be the begining of the end for many premiership clubs.

See above - some of us around here forwarned way before before Venkeys where even on the scene

GAV

The snippet I've been passed isn't something that could not have been foreseen Matty, simple as that, and doesnt jeopardise the club in my opinion. That said we need to strengthen the side and quick, so if you see relegation as jeopardising the club then thats your opinion, but its not mine.

Gav (whatever your snippet is), I'm with you and always have been of the opinion (have belief) that relegation would not jeopardise us - and we would acclimatise accordingly.

In fact I feel it may be the best thing we can do under the circumstances(imo) - and take a step back from the 'rat race' until it settles down and the bubble bursts ( ie see posts re other affected clubs)

Strengthen - being the operative word - can we do that without funds though? - possible but unlikely even though we have done it before (but as I have said before -again - that was when we have had people aboard who could man the ship)

Hughesy

Its simple for me if they are shysters then lets get that new owner on board ASAP preferably one with deep pockets to help improve us, if they are not then let them get on with it I only want WHATS BEST FOR THE CLUB.....Im not on here to win feedback points or have a pop at someone for not agreeing with my views, im simply an ambitious and positive person hence why im happy to let time prove who is right and wrong based on FACTS.

Not sure of your facts Hughesy as alot of your posts don't go with that statement.

As for 'whats best for the club' - matter of opinion, yes we obviously need 'funding' but personally my view is that one with deep pockets is exactly what we don't need for reasons mentioned above and what we are seeing happening at the club now.

magicalmortensleftpeg

I have to say im not entirely comfortable with being sold to someone else who, although clearly has money, but may have very little clue as to how to run a football club. Out of the frying pan and all that.

Right now we need money, but even more then that we need guidance and a cohesive management structure. We need someone who can get a grip and knows how to operate a football club. Venky's cant do it, but who's to say the next owners could do a better job.

tony gale's mic

No money vs and no clue as to how to run a football club, versus money and no clue how to run a football club.

I know what I'd prefer - it's a no brainer.

In some ways I hate saying this since I despise City, but do you think Sheik Mansour has that much clue as to how to run a football club? No, but unlike Venky's he a) had lots of money to spend on the club and b ) took a back seat and let others run the club.

Being well run was absolutely crucial to Rovers in the John Williams era since we had very little money, but IF this Bugshan group were to take us over and IF they were prepared to invest a decent amount into the team (doesnt need to be £300 million), then we will attract managers and administrators who do know how to run a football club. And as long as they let those in the know do their job (unlike Venky's), we would be in a much much better position even if they don't throw vast amounts of cash at the team.

Not quite sure it is a no brainer tgm and agree with magical morten with regards to the frying pan scenario - especially with regards to the money aspect - however although logically investment can sound attractive, alot of money brings other problems some of which it does not always solve and in fact does make it worse.

All in all my point yet again is there is nothing new to what has been said or what is happening (forseen) if it was not handled properly - all of which appears to be the case (whether self inflicted or not) - the aspect of it is can we actually as a club get it sorted, and going forward really want /be able to be part of the ' money circus' that was already there but is requiring more magicians of calibre to be able to create money out of thin air?

[BangkokRover]

As bad as it seems as the minute, if we do pay the overdraft off then the club will be completely debt-free, something that not many sides in the PL can say, would you swap our current cashflow issues with Bolton's alledged £80m+ debt??

But still clever enough to get Daniel Sturrage on loan, while we got RSC on 90K a week.

[A cup of beans]

Why?

If they decided to pay off the loan, then this whole discussion has been based on wrong information.

the issue for me isnt with them not paying the loan off.. i expect they will do..

but only with assets money (from player sales).

if we want to buy anymore players (which we need to to strengthen) then we have to sell more.

who apart from robbo and samba is sellable ??

[PAFELL]

This was mentioned on the MB, I believe I have an authoritative account of where it came from in the Venky's/Rovers set-up and it is completely untrue.

Didn't the owners appoint new accountants when they took over the club. Noticed somebody mentioned this earlier.

[philipl]

Send me your email address and I will send you the mortgage document so you can see for yourself the thing expired on 30 June 2011.

If there is a date by which you are due to pay the bank, there is not a lot of choice in the matter.