[Archived] Venky's willing to sell?

[Mercer]

....

The document that they have put together is crazy.

Its based on 10,000 fans putting in an initial £1000 each (£10m).

They they base it on Venkys selling for £10m, despite them paying £23m on buying us and then adding another £12m.

Then what? How do we continue to compete? What about in another 5 years time when Wages & Transfer fees are even higher?

Flawed

Not read the document, but totally agree, flawed - and that's being nice !

IMO, you would be lucky to find 500 to put £1,000 in each. This is Blackburn.

[rovers11]

Have I missed something ? What has given you the impression that Venkys are willing to sell ?

I believe Mrs D has given interested parties the go ahead to discuss an offer. That's the reason for the planned BRAG meeting with Rovers senior management (this wouldn't happen without the say so from mrs d). And also the reason the fans group investment idea is now being pushed into something more concrete.

I would suspect the two ian's have also been given the go ahead and will also be meeting with the club (if they haven't already done so).

Although these are separate groups at this present time, don't be surprised if they come to an agreement whereby both buy a stake in the club (ian's buy a majority stake).

[Sparky Marky]

I think it may be prudent to point out that it is my firm belief that Ian Battersby and Ian Currie act totally independently and would vehemently wish to distance themselves from any form of collusion as eluded to within this thread.

Oh what do you know ....same as the rest of them..bugger all.

If our heroes wild/ currie/battersby were so arsed about the club they'd have bought it well before our Indian friends. Get real ..these guys are small time just enjoying their 15 minutes. Move on we need a proper player to buy us.

[darrenrover]

Oh what do you know ....same as the rest of them..bugger all.

If our heroes wild/ currie/battersby were so arsed about the club they'd have bought it well before our Indian friends. Get real ..these guys are small time just enjoying their 15 minutes. Move on we need a proper player to buy us.

I wouldn't post if I knew bugger all!

I think it fair to say that quite a lot has changed in 18 months, not least the status of The Club. That was then and this is now.

All would agree I suspect that it would be great if a life long fan and billionaire road into town on a White charger to buy the club but they appear to be a bit thin on the ground.

Unless you know differently that is.........

[Majiball]

Majiball as I said to Stuart above this all comes from other people's statements - GM in particular. Glen makes statements then he should be questioned, just as I am now having to defend my view. As I recall very few people questioned Venkys and that proved to be a mistake. I am not in anyway comparing anyone with Venkys just pointing out questions have to be asked. I want to know what the relationships are bewteen the parties involved. I don't see that as unreasonable.

Last week I asked questions and got the response "the club is bigger than Venkys/ Kean and the PL" I read that as an acceptance of relegation. Why would that be a good thing?

I publically withdrew my support over GM as leader a while back as it just wasn't right, but I hadn't considered a power being behind the throne until someone else PM'd me such a suggestion.

The only thing I know 100% for certain is that it sucks being a rover these days, subterfuge and conspiracy are commonplace now. Part of my love for Rovers was based on our ethics and morals and they have well and truly gone now. I will make my position very clear, if it transpires or I am convinced 100% that any new owners turn out to have used the protests to aid there bid? Then my support for Rovers will cease until they move on, regardless whether that's work related or not.

It sucks being a blue these days.

EDIT: Revidge I was under the impression that Dan's fans buyout idea was put to WW and he said he had another idea? I thought the fan buyout was nothing to do with WW? Or am I mistaken?

[Silencio]

I am astounded by the content of much of what I am reading on this thread. Premiership football is a billionaires game these days let alone a millionaires game therefore anyone taking over the Club needs to have very deep pockets indeed if we are to prosper.

Any talk of Glen Mullen/Wayne Wild/Brag/a fans consortium/ taking over the Club is complete pie in the sky. Even if hypothetically fifteen thousand fans could be persuaded to stump up say 2k each for the initial 30m to buy out the Rao's what happens after that? 5m trading loss to cover - that'll be another 333 quid each please. We need a 10m striker - 666 quid each. The Bank have decided we have to pay off the rest of the overdraft - that's another 500 quid each. It ain't happening, most fans now begrudge paying more than 300 quid for a Premiership season ticket!. Plus how would any decisions ever be made with 15000 interested stakeholders?

The two Ians I know nothing about but popular consensus seems to be that they have contacts with extremely rich people/groups so

interest from them sems potentially more viable and less likely to be an ego trip.

I'm not sure what he point of the latest protests are exactly. Have the protestors got suitably rich and definite new owners already lined up? If not, what is it they want? Naffing off the Rao's so much they just was their hands of it and walk away leaving us with errr...... nothing? The latest accounts suggest we need very substantial cash injections from the current owners indeed. I've no objection to efforts being made to find long term new owners who can or will "invest" (throw money away) more money in the Club than the current owners but in the short term it seems to be more sensible to massage the egos of the current owners and try to ensure they meet their liablilities rather than drive them away.

Any talk of us needing to go down to move forward is just plain nuts and anyone suggesting that has no credibility whatsoever in my eyes.

Good post.

[Hughesy]

Any talk of Glen Mullen/Wayne Wild/Brag/a fans consortium/ taking over the Club is complete pie in the sky.

The two Ians I know nothing about but popular consensus seems to be that they have contacts with extremely rich people/groups so

interest from them sems potentially more viable and less likely to be an ego trip.

Any talk of us needing to go down to move forward is just plain nuts and anyone suggesting that has no credibility whatsoever in my eyes.

Spot on Revidge.

Anyone that wants us to go down to suit there own agenda can stay away from our club.....and IF that is the only way that they can afford us, then they are not fit and proper.

[perthblue02]

Here's a link to the BRFC supporters investment trust pdf My link

[Hughesy]

EDIT: Revidge I was under the impression that Dan's fans buyout idea was put to WW and he said he had another idea? I thought the fan buyout was nothing to do with WW? Or am I mistaken?

Linked I believe.

WW is the one who keeps forwarding the proposal. One thing iv noticed is the limit to number of shares seems to have disappeared too.....does someone who wants control, want the power, but cant afford it on his own?!?

[TBTF]

revidge Blue

I think you are nearest so far.

1) where is it said anywhere by Venks that we are up for sale?Why would you trun down an alleged £15m profit from Saudis and then start messing about with supporters groups emptying their piggy banks?

2) supporters group clubbing together???-more chance of Balaji starting up front-or was that him in the 9 shirt yesterday??? shocking

3)The Ian's who have kept totally quiet so far and let everybody else speculate look to have the background to at least sensibly put a consortium togather of a level to keep the club on the road.I quite like the fact that they don't do empty spouting on message boards about their plans.R 11 said a few days ago they won't be doing their business in the public eye cos their proper pro's and i think he's right.

So back to the point, who KNOWS whether there is any bid when we don't even know if their is a seller??

Suggest you listen to the podcast 23 by Battersby.I have just listened again and second time round i picked up where they were coming from alot more than 1st time.

[Captain Dunsel]

EDIT: Revidge I was under the impression that Dan's fans buyout idea was put to WW and he said he had another idea? I thought the fan buyout was nothing to do with WW? Or am I mistaken?

WW's plan is clearly a massaged version of Dan's original. Instead of raising £160m and buying a relegated Rovers club for £9m, they plan to raise just £10m and buy it for peanuts. Good luck with that.

[Mercer]

Linked I believe.

WW is the one who keeps forwarding the proposal. One thing iv noticed is the limit to number of shares seems to have disappeared too.....does someone who wants control, want the power, but cant afford it on his own?!?

I think the issue is is that there are no local people with the necessary financial clout.

Local connections are clearly better but there are no other Jack Walkers out there.

I think the best we can hope for is some well intentioned national or international business person as local 'consortiums' / 'cooperatives' invariably lead to internal politics and in-fighting.

[Majiball]

Spot on Revidge.

Anyone that wants us to go down to suit there own agenda can stay away from our club.....and IF that is the only way that they can afford us, then they are not fit and proper.

I have to concur, relegation will not move us forward for the better long-term.

Linked I believe.

WW is the one who keeps forwarding the proposal. One thing iv noticed is the limit to number of shares seems to have disappeared too.....does someone who wants control, want the power, but cant afford it on his own?!?

Can i ask has Dan been confirmed as being in Scandinavia????

If he can't afford the club outright then he's no use to us and should know that. But I suppose they'll think there's money to be made in football??? Or that they are the special ones who can.

[PAFELL]

The whole idea is daft. But if the protests have changed to become a voice for Wayne Wild, GM etc. Again IF. As a part from last nights message on Facebook. Nothing further has been said of them.

But IF they have been using supporters for their own aims. Then they lose all credibility and would be untrustworthy.

But until they give answer and explain last nights Facebook message / statement. They are feeding what is being posted on here today.

BRAG owe us an explanation.

[rovers11]

The whole idea is daft. But if the protests have changed to become a voice for Wayne Wild, GM etc. Again IF. As a part from last nights message on Facebook. Nothing further has been said of them.

But IF they have been using supporters for their own aims. Then they lose all credibility and would be untrustworthy.

But until they give answer and explain last nights Facebook message / statement. They are feeding what is being posted on here today.

BRAG owe us an explanation.

It sounds as though there will be big news from BRAG in the next 24 hours. I believe an approach has been made to the club by ww and the group.

Not viable imo. People's families, mortgage, pension etc come before investing in a football club. A small stake in the club is viable and something I'd invest in but not a 100% buyout. We need a consortium with money - a la the two ian's

[martonrover]

Wayne Wild has been tweeting about the proposed fan buyout this afternoon. @mrwawild

[Mattyblue]

Is this serious? Nobody would love to see BRFC owned as a fan co-operative more than me, but come on.

[RevidgeBlue]

Wayne Wild has been tweeting about the proposed fan buyout this afternoon. @mrwawild

What does he have to say?

[cmb211087]

He just admitted we need to be relegated before his takeover plan could happen.

"@mrwawild: @BabakGolriz The price is £0. £10m is for investment. If we stay up they won't sell unless get their money back. As champ'ship club its ...."

the second part says of no real value.

[PAFELL]

He just admitted we need to be relegated before his takeover plan could happen.

"@mrwawild: @BabakGolriz The price is £0. £10m is for investment. If we stay up they won't sell unless get their money back. As champ'ship club its ...."

the second part says of no real value.

Well if he is happy for the club to be relegated. He can sod off to burnley.

[Stuart]

What do people want from new owners?

We have to start with the base assumption that we end up relegated this season - or having some amazing luck and staying up only to have more of this crap next season.

At some point, barring a change if heart from Venkys and then suddenly apologising to fans, sacking Kean, employing a real manager and spending some of their own money, we will be relegated.

The ideal would be for the Ians to get together a consortium with wealthy backers who - and this bit is important - do not want their money back, and simply want some kudos from owning a PL club. This option presumes, demands even, us staying up.

The second option would be a local consortium - be it lots of fans or some reasonably wealthy ones - putting a proposal to an administrator.

I don't understand how the Ians, Wayne and BRAG all fit together, (if at all) and I agree we need some clarification from Glen before we can have any further meaningful debate.

Well if he is happy for the club to be relegated. He can sod off to burnley.

Emotions are running high today - mine included - but I'm sure Wayne will not be happy with relegation at all. Nor will he want it.

However, I'm grateful there are at least some people in the background prepared to do something when the inevitable happens.

[PAFELL]

What do people want from new owners?

We have to start with the base assumption that we end up relegated this season - or having some amazing luck and staying up only to have more of this crap next season.

At some point, barring a change if heart from Venkys and then suddenly apologising to fans, sacking Kean, employing a real manager and spending some of their own money, we will be relegated.

The ideal would be for the Ians to get together a consortium with wealthy backers who - and this bit is important - do not want their money back, and simply want some kudos from owning a PL club. This option presumes, demands even, us staying up.

The second option would be a local consortium - be it lots of fans or some reasonably wealthy ones - putting a proposal to an administrator.

I don't understand how the Ians, Wayne and BRAG all fit together, (if at all) and I agree we need some clarification from Glen before we can have any further meaningful debate.

Emotions are running high today - mine included - but I'm sure Wayne will not be happy with relegation at all. Nor will he want it.

However, I'm grateful there are at least some people in the background prepared to do something when the inevitable happens.

I have just contacted him on twitter. He does NOT want the club relegated

[Stuart]

I have just contacted him on twitter. He does NOT want the club relegated

Apology accepted.

[yoda]

I have just contacted him on twitter. He does NOT want the club relegated

Does that mean you jumped in a bit quick with your previous remarks?

[RevidgeBlue]

He just admitted we need to be relegated before his takeover plan could happen.

"@mrwawild: @BabakGolriz The price is £0. £10m is for investment. If we stay up they won't sell unless get their money back. As champ'ship club its ...."

the second part says of no real value.

The only experience I have of Wayne is that up until three or four years ago he used to make a few extra quid running poker tournaments in the Knowles Arms at Pleckgate once a month.

I had no idea he was the Director of a big Company until his concerns appeared in the LT earlier in the season. On face value he appears to be a successful businessman and spends a substantial amount with the Club on sponsorship so well done to him on that. However in my view if he had concerns those should have been kept private between him and the Club or owners rather than running off to the LT.

As a person he seemed to be a very pleasant and outgoing chap who loves his ale and nights out and dare I say it rather likes to hear the sound of his own voice. The latest thing I heard in relation to him was a rumour (which may or may not be completely incorrect) he'd bought The Roisins Pub with the intention of demolishing it to build a helicopter pad!

I may be doing Wayne a complete disservice and I have nothing whatsoever against him personally, as I say he seems a great guy, but I do struggle to take his name seriously whenever it is mentioned in relation to a proposed takeover.

What do people want from new owners?

Money - and lots of it.

Everything else is almost irrelevant. Edit: As long as that money comes from a legitimate source.