[Archived] Financial problems?

[PAFELL]

What maddens me about you is that you ignore any responses and simply repeat your original position, often over and over again. I said, in reply to you, that Nixon could well have benefitted from a leak within Venkys or could be from within the club.

So Venkys would still not be communicating but the info could still be correct? Yes?

Can you at least acknowledge that possibility? Thank you.

There was no reply from you - apart from the above. So how can I reply to one?

[chaddyrovers]

Pini Zahavi is the Agent being used by Rovers. He did the Samba transfer to Russia. Plus he did bring us the Yak In!!!

[Stuart]

Pini Zahavi is the Agent being used by Rovers. He did the Samba transfer to Russia. Plus he did bring us the Yak In!!!

Hang on, if Zahahi is working on behalf of Rovers doesn't that suggest Samba was shipped out? Surely Samba's own agent would have been working on getting his move? Sounds more and more like this was instigated by the club rather than the player.

I wonder what would have happened to Rovers, financially, if Samba had said "no, thanks, I'll wait for a PL move in the Summer"?

[philipl]

Hang on, if Zahahi is working on behalf of Rovers doesn't that suggest Samba was shipped out? Surely Samba's own agent would have been working on getting his move? Sounds more and more like this was instigated by the club rather than the player.

I wonder what would have happened to Rovers, financially, if Samba had said "no, thanks, I'll wait for a PL move in the Summer"?

Exactly

[arbitro]

Pini Zahavi is the Agent being used by Rovers. He did the Samba transfer to Russia. Plus he did bring us the Yak In!!!

I had a text from a friend who works in the football industry indicating that Zahavi would soon be running Rovers. He also said that Samba works with several agents and advisers but his father is his real driving force.

[UbuRoi]

Has that fecker Nixon had the decency to admit he backed the wrong horse yet? Personally I doubt it having crossed swords with him in the past when he was proven completely wrong about Brad Friedel staying at BRFC. He's just another press dog grubbing around and digging dirt for a living. He's not been back as much since he so obviously sold out to the Fat Controller last Dec / Jan has he?

With nixon, you always need to keep in mind he's Coyle's (and by default bolton's) PR man. Basking in refelected glory and all that. He's published outright b******* when Coyle left burnley. His pal's in as desperate situation as Kean - distabilising propaganda about your main relegation rival isn't going to do Bolton any harm is it.

[47er]

Bloody hell! They'll be replaced alright, in the sense that 11 players will take the field. They'll come from Poundland though or be unemployed youth on a training scheme who don't receive pay. Venkys are hardly going to tell you that!

What planet are you on or are you truly just winding us up? Even if they did communicate , would you believe them?

A journalist, I'd suggest has been leaked info Venkys didn't want to be outed. We'll soon see.

Pafell, this is the original reply. You can pick either of them!

[rovers11]

Worth noting that if Jerome Anderson is right about being disposed of after January 2011, then the players currently being shipped out (Roberts, Nelsen, Samba, Salgado) are all the ones whom Kean/Mrs Desai gave significant pay rises to in Feb/March 2011 when there was no contractual need to do so.

My recollection is the relegation clauses in their contracts were removed as well.

Their assets and personal wealth probably stacks up to over a billion. But that is not important; the important point is (a) their money is tied up in their chicken companies and they would never take money out of that to fund rovers (they have assured their shareholders of this) and ( B ) they don't care enough to put their own money in hence the reason for the cutbacks at the club.

If we stay up this season, they will think they have done a miraculous jobs. Premier league survival, bank loans virtually paid off, wage bill slashed, and kept faith in a manager the fans hate. They see rovers like one of their other subsidiaries, however, we all know (and the previous regime knew) that you have to run a football club slightly different. In a regular business, having such a high wage to income ratio would be outrageous but it is the only way you can attract the best players and thus remain competitive.

[47er]

The most fundemental issue here is, if Venky's CANNOT afford to run a Premier League club, why the hell did they buy us in the first place? I think we all actually know the answer though, don't we?

Even more significantly-------if they can't afford to run the club, why hang on to it?

[rovers11]

Even more significantly-------if they can't afford to run the club, why hang on to it?

They believe they can make a success of it. As I said in my previous post, they'll believe they have done an amazing job if Rovers stay up this year. If we go down, they would have a big decision to make because the club would struggle to run on it's own resources.

[47er]

They believe they can make a success of it. As I said in my previous post, they'll believe they have done an amazing job if Rovers stay up this year. If we go down, they would have a big decision to make because the club would struggle to run on it's own resources.

Totally deluded then?

[rovers11]

Totally deluded then?

Yep! If Mrs D agrees to an audience with the two Ian's, Wayne Wild etc etc then that's when things can start moving IMO.

It will be interesting to hear any update regarding Kamy's claim a few weeks back in the podcast that Ian B has had some success in contacting Mrs D.

[thenodrog]

I agree Bellamy was a step up from Dickov but Benni and RSC weren't a step up from Bellamy.

The goals for column of the first of season each of them disagrees with you I believe Tyrone.

Anyway splitting hairs all three had bags of ability the like we wont see again and Dickov made up for that in spirit, determination and agression. Whilst not the best or the biggest he played a 'blinder' during Hughes first season when Hughes finally realised that Stead was a mile off being Premier league material and asked Dickov to play up top on his own.

[thenodrog]

Have to hand it to the Venky's- they did a magnificent BS job not only on the Trust but on Jerome Anderson, Kentaro and Nicko as well who all fell for the "we are rich" gubbins.

They aren't rich enough and they are getting poorer by the day as their share price subsides back towards reality.

Shouldn't we add other notables Rothschilds and the FA (Fit and Proper) to that list. Oh and don't forget the massed ranks of adoring supporters at ewood park who stood to cheer and clap the brothers first appearence on the pitch whilst I preferred to remain alone in the concourse quietly ekeing out my pint. Not often my instincts are wrong even if I say so myself.

Worth noting that if Jerome Anderson is right about being disposed of after January 2011, then the players currently being shipped out (Roberts, Nelsen, Samba, Salgado) are all the ones whom Kean/Mrs Desai gave significant pay rises to in Feb/March 2011 when there was no contractual need to do so.

My recollection is the relegation clauses in their contracts were removed as well.

And there is the rub.

[thenodrog]

Yep! If Mrs D agrees to an audience with the two Ian's, Wayne Wild etc etc then that's when things can start moving IMO.

It will be interesting to hear any update regarding Kamy's claim a few weeks back in the podcast that Ian B has had some success in contacting Mrs D.

Anybody buying a Prem club that is likely to be relegated is a fool unless it's at the behest of the owner who simply wants rid and is prepared to write significant money off. At our rate of decline this club will be available for very little soon.

[Amo]

Call me naive but I still don't believe Venky's intentionally set out to asset-strip. That doesn't mean they aren't going about that now, but I don't believe it was the MO from the start.

I think it's fairly obvious what happened. Big-time Balaji was conned by the Dark Lord into thinking he could own his own footballing plaything, running it on the cheap by signing obscure foreign talent and raffling it off for big bucks. Balaji needs big sis's backing for this, so he recites the Dark Lord's lies and convinces her it'll be a good vehicle to promote the family business. Mrs Desai gets roped into it and gives it the green light. Venkatesh gets let out of his box to make it unanimous. After that, it's been one clusterf*ck after another, facilitated by the Dark Lord and his puppet manager. Venky's, never ones to lose face, they spite their adoring public by awarding the manager a new contract... which surprisingly failed and only stirred the hornet's nest even further. Now the penny's dropped that they're in way over their heads and have started slowly stripping the club away whilst leaving a puppet manager and boardroom in place while they go about it.

[rovers11]

Anybody buying a Prem club that is likely to be relegated is a fool unless it's at the behest of the owner who simply wants rid and is prepared to write significant money off. At our rate of decline this club will be available for very little soon.

This is why I don't think anything will happen until the end of the season. The buyer and seller will want to know what the club is worth (that will depend on whether we stay up or down). If we stay up, I'm not sure Venky's will sell.

[Mattyblue]

Oh and don't forget the massed ranks of adoring supporters at ewood park who stood to cheer and clap the brothers first appearence on the pitch whilst I preferred to remain alone in the concourse quietly ekeing out my pint. Not often my instincts are wrong even if I say so myself.

And there is the rub.

Not sure about that gord, around me there wasn't much in way of reaction.

Muted, and it's gone downhill from there.

[thenodrog]

Call me naive but I still don't believe Venky's intentionally set out to asset-strip. That doesn't mean they aren't going about that now, but I don't believe it was the MO from the start.

I think it's fairly obvious what happened. Big-time Balaji was conned by the Dark Lord into thinking he could own his own footballing plaything, running it on the cheap by signing obscure foreign talent and raffling it off for big bucks. Balaji needs big sis's backing for this, so he recites the Dark Lord's lies and convinces her it'll be a good vehicle to promote the family business. Mrs Desai gets roped into it and gives it the green light. Venkatesh gets let out of his box to make it unanimous. After that, it's been one clusterf*ck after another, facilitated by the Dark Lord and his puppet manager. Venky's, never ones to lose face, they spite their adoring public by awarding the manager a new contract... which surprisingly failed and only stirred the hornet's nest even further. Now the penny's dropped that they're in way over their heads and have started slowly stripping the club away whilst leaving a puppet manager and boardroom in place while they go about it.

It was always mooted as a possible Plan B (for when all else fails) during negotiations. The Dark Lord / Fat Controller / Dick Dastardly certainly led em up the garden path but he didn't have to drag them.

[LeChuck]

Call me naive but I still don't believe Venky's intentionally set out to asset-strip. That doesn't mean they aren't going about that now, but I don't believe it was the MO from the start.

I agree completely there. Why bother getting expensive loan signings like Santa Cruz and Jermaine Jones if that was the plan.

I'm still not convinced asset stripping is a plan. I just don't think they will ever put their own money in, and I don't think they care what happens to the club now. They'll just strip all the high earners away and replace with cheaper players, then run the club using its own money. That way Barclays are off their backs and they don't have to put in a penny.

I have no idea how this all ends, but I think irreparable damage will have been done.

[DE.]

I'm still not convinced asset stripping is a plan. I just don't think they will ever put their own money in, and I don't think they care what happens to the club now. They'll just strip all the high earners away and replace with cheaper players, then run the club using its own money. That way Barclays are off their backs and they don't have to put in a penny.

I'd imagine this is closest to the truth. If their plan all along was to asset-strip then the way they've gone about it is bizarre to say the least.

I think they've realised "the plan" isn't going to work and are going to claw back as much money as possible before they either sell us on or leave the club to self-finance itself into oblivion.

[roverandout]

whatever happens and however they thought this was going to pan out, even if they didnt at first intentinally plan to strip the club, they're still villains in my opinion!!!

[Exiled in Toronto]

Hang on, if Zahahi is working on behalf of Rovers doesn't that suggest Samba was shipped out? Surely Samba's own agent would have been working on getting his move? Sounds more and more like this was instigated by the club rather than the player.

I wonder what would have happened to Rovers, financially, if Samba had said "no, thanks, I'll wait for a PL move in the Summer"?

It was obvious when the buying club became known that only someone with the vast range of contacts of a Zahahi could have pulled it off, rather than Samba's gormless brother and crew.

Pini is our man and no doubt the recipeint of the large consultancy fee mentioned in the accounts. This, together with the departure of everyone Anderson gave new bloated contracts to, also implies Anderson did indeed part the scene when Nicko said he did.

[broadsword]

I agree completely there. Why bother getting expensive loan signings like Santa Cruz and Jermaine Jones if that was the plan.

I'm still not convinced asset stripping is a plan. I just don't think they will ever put their own money in, and I don't think they care what happens to the club now. They'll just strip all the high earners away and replace with cheaper players, then run the club using its own money. That way Barclays are off their backs and they don't have to put in a penny.

I have no idea how this all ends, but I think irreparable damage will have been done.

Indeed.

They could be very stubborn and just refuse to sell. They can't be forced to.

Not exactly good PR, but still. I used to think they'd sell if we went into the Championship, but I doubt they will now.

I think they'll sell up when it becomes impossible to run it without injecting their own money. By that stage, I guess the first team squad will consist of 16 juniors and god knows what will have become of the manager, coaching staff and admin staff. Kean will be running the ticket office. Maybe then he'd finally quit?

What really would Venky's have achieved by doing that? They're so bloody stubborn.

[PAFELL]

I agree completely there. Why bother getting expensive loan signings like Santa Cruz and Jermaine Jones if that was the plan.

I'm still not convinced asset stripping is a plan. I just don't think they will ever put their own money in, and I don't think they care what happens to the club now. They'll just strip all the high earners away and replace with cheaper players, then run the club using its own money. That way Barclays are off their backs and they don't have to put in a penny.

I have no idea how this all ends, but I think irreparable damage will have been done.

If asset stripping is now the aim.

Makes you wonder why they did not sell, when they had the chance. Why they are not prepared to listen to other recent interest for the club.