[Archived] QATAR group bid for Rovers

[Waggy76]

After reading several pages of this thread, I think someone is driving this on ..Whether Venkys are trying to get rid of BRFC or someone (outside the club) is trying to get rid of Venkys , I am not sure which one ..

[Kelbo]

  On 13/11/2011 at 00:24, Craigman said:

Won't happen ! Venkys are too stubborn. They would prefer to take us down. Only way would be if Anderson thinks he can no longer carry on with the project. Accept he has made enough money out of us like he did at City.

Anderson did a quick money making job at Man City before selling, maybe the mony is drying up for him!!

[Kamy100]

  On 13/11/2011 at 08:18, T4E said:

So is it QIA or QP? Or are they one and the same?

They are both state owned and in essence the same. In effect what we will be getting is the Qatar Royal family buying Rovers.

Why Rovers? Well they have shown in the past that they are willing to buy less glamorous clubs, they did it with Malaga in Spain and to some extent they did it in France with PSG (who are big but they could've gone and bought Marseille or Lyon). So Rovers fit that investment portfolio.

But this now all depends on Venky's wanting to sell. We will know the answer to that very soon. Like I said above, if the answer is "no" they won't go back in with another offer, they will just move onto another club. If the answer is yes then this will happen very quickly, they want to get in as soon as possible and there will be big changes.

[BangkokRover]

  On 13/11/2011 at 08:51, Kamy100 said:

They are both state owned and in essence the same. In effect what we will be getting is the Qatar Royal family buying Rovers.

Why Rovers? Well they have shown in the past that they are willing to buy less glamorous clubs, they did it with Malaga in Spain and to some extent they did it in France with PSG (who are big but they could've gone and bought Marseille or Lyon). So Rovers fit that investment portfolio.

But this now all depends on Venky's wanting to sell. We will know the answer to that very soon. Like I said above, if the answer is "no" they won't go back in with another offer, they will just move onto another club. If the answer is yes then this will happen very quickly, they want to get in as soon as possible and there will be big changes.

Will there be more info in the next podcast?

[Wiggy]

With the way things have gone for them and the bleak future facing their investment, Mrs Desai and the Rao brothers would have to be unbelievably stupid not to take up an offer like this....................oh....er..........wait a minute.....

[Billy Castell]

I hope Venky's sell up, but I can't see it happening. Kean and Anderson would be fighting to keep hold of their influence at the club, and Mrs. Desai will be so utterly stubborn and infuriating that she will not sell up and eff off. I think we should prepare for the Indian clowns to stay and poison our club further. At least if some Qatari billionaires did take over we'd all be cock-a-hoop if we took this attitude.

[BangkokRover]

@StewartGreig Qatar are interested but I don't know how far that runs. I believe they want Everton & this is a tactic... #Rovers

roversinsider 1 min

@StewartGreig to panic fans and ultimately kenwright into selling for FAR less. Hence that is only a very small part of what I said #Rovers

roversinsider 1 min

Just passing on the info I read on twitter don't shoot the messenger.

[Ricky]

I refuse to allow myself to get excited. If this had happened a year ago I would have been bouncing off the walls. Now I just feel that venkys will find a way of screwing it up.

[Speedie Dived]

  On 13/11/2011 at 08:51, Kamy100 said:

They are both state owned and in essence the same. In effect what we will be getting is the Qatar Royal family buying Rovers.

Why Rovers? Well they have shown in the past that they are willing to buy less glamorous clubs, they did it with Malaga in Spain and to some extent they did it in France with PSG (who are big but they could've gone and bought Marseille or Lyon). So Rovers fit that investment portfolio.

But this now all depends on Venky's wanting to sell. We will know the answer to that very soon. Like I said above, if the answer is "no" they won't go back in with another offer, they will just move onto another club. If the answer is yes then this will happen very quickly, they want to get in as soon as possible and there will be big changes.

Kamy, what would be the best indicator that Venky's have accepted/rejected the offer? We know they are useless at releasing info through the club, would we find out from the Qatar end?

Is the offer £25 million for the club and take on the debt?

[Kamy100]

  On 13/11/2011 at 08:58, BangkokRover said:

@StewartGreig Qatar are interested but I don't know how far that runs. I believe they want Everton & this is a tactic... #Rovers

roversinsider 1 min

@StewartGreig to panic fans and ultimately kenwright into selling for FAR less. Hence that is only a very small part of what I said #Rovers

roversinsider 1 min

Just passing on the info I read on twitter don't shoot the messenger.

They looked at Everton very seriously, but the problem is that buying Everton means putting in circa £300 million for the new stadium, they would rather spend that £300 million on buying players at a club like Rovers were the stadium is not a issue, this is the reason why so many companies/groups have not bought Everton.

[Waggy76]

I am taking everything with a pinch of salt ..As for the Everton bid , a much bigger club and fanbase but a poor ground and bigger debt ..It would cost many many millions to build Everton a new ground.Whereas Rovers , thanks to Jack Walker it is all there ...

[arbitro]

  On 13/11/2011 at 08:57, Billy Castell said:

I hope Venky's sell up, but I can't see it happening. Kean and Anderson would be fighting to keep hold of their influence at the club, and Mrs. Desai will be so utterly stubborn and infuriating that she will not sell up and eff off. I think we should prepare for the Indian clowns to stay and poison our club further. At least if some Qatari billionaires did take over we'd all be cock-a-hoop if we took this attitude.

I'm no expert but I try and take a simplistic approach to stories like this. Why wouldn't Venky's sell whilst they still have a semblance of respectability left? Their reputation (to a lot of outsiders) hasn't been damaged too much as the majority of people outside Blackburn are of the opinion that the fans are against the imposter (who could hopefully be the fall guy in all this with his stooge Anderson). In my humble opinion their credibility would be off the radar if we did get relegated so it would make sense to me for them to get out whilst the going is (relatively) good for them. If the story is true they are getting their money back and thay have had copious amounts of free advertising for nothing. Job done for me!

However I do understand that that Venky's and sensible decisions haven't been too apparent in the last year or so.

[Stuart]

In my opinion...

Venkys will do whatever is in the best interests of Venkys.

The Qatari bid has to be favourable to Mrs D. Whether its favourable to Rovers is immaterial.

This talk of not wanting to sell up to avoid "losing face" is beyond a joke. I which they'd put as much emphasis on finding face.

Just hope whatever happens, happens in time to save our season...

[PAFELL]

According to roversinsider there is a deadline of Dec 31st for a deal to be completed. Surely if a sale is agreed we need it doing a lot faster than that.

[Kamy100]

  On 13/11/2011 at 09:25, PAFELL said:

According to roversinsider there is a deadline of Dec 31st for a deal to be completed. Surely if a sale is agreed we need it doing a lot faster than that.

He is wrong as usual. The Qatari's want to do this very very very quickly.

[chaddyrovers]

  On 13/11/2011 at 09:14, Jisty said:

In my opinion...

Venkys will do whatever is in the best interests of Venkys.

The Qatari bid has to be favourable to Mrs D. Whether its favourable to Rovers is immaterial.

This talk of not wanting to sell up to avoid "losing face" is beyond a joke. I which they'd put as much emphasis on finding face.

Just hope whatever happens, happens in time to save our season...

Venky's have had nearly 12 months as owners and have took us backwards massivly. They seem to have no plan to how the club will run. Rovers have no Chairman or CEO. We have a manager who is clueless and out of his depth totally.

I really hope they sell!!!

[Ricky]

If we lose on the weekend surely the Qatari interest will most definitely turn elsewhere. We'll be cut adrift at the bottom of the league and will be too much of a gamble. They need a premier league club and we would be hanging onto that status by a thread.

[imy9]

  On 13/11/2011 at 09:28, Kamy100 said:

He is wrong as usual. The Qatari's want to do this very very very quickly.

Are we talking days as opposed to weeks?

[magicben]

Is it SEM/Kentaro that have lined up this potential takeover? Will they have a continuing role at the club? If it is they are probably ###### themselves with excitement over it.

[Kamy100]

  On 13/11/2011 at 09:33, imy9 said:

Are we talking days as opposed to weeks?

Yes. They don't need any extensive period of Due Diligence and have the best legal and accounting teams in the world so can turn this deal around very quickly.

[Billy Castell]

Good lord I want this to happen, but I still refuse to get my hopes up. I can see the logic behind a sale from both sides but Venky's just won't sell.

Its the hope that kills you.

[Kamy100]

  On 13/11/2011 at 09:34, magicben said:

Is it SEM/Kentaro that have lined up this potential takeover? Will they have a continuing role at the club? If it is they are probably ###### themselves with excitement over it.

I can tell you this deal going through as nothing to do with SEM/Kentaro. Qatari's have their own teams for this kinda stuff.

[imy9]

  On 13/11/2011 at 09:35, Kamy100 said:

Yes. They don't need any extensive period of Due Diligence and have the best legal and accounting teams in the world so can turn this deal around very quickly.

Wow.

Its like a dream... reality will hit us when it does not happen and they buy Norwich or something

[magicalmortensleftpeg]

Venky's wont sell. Didn't they have opportunities to do so over the summer??? Im not getting carried away by this yet.

[2PAC 4 Blackburn]

  On 13/11/2011 at 09:35, Kamy100 said:

Yes. They don't need any extensive period of Due Diligence and have the best legal and accounting teams in the world so can turn this deal around very quickly.

So what we waiting on? Just Venkys to agree on a price?