[Archived] Currie lines up new bid?

[Mike E]

Only just noticed this now that appeared on Friday night.

http://www.footballdirectnews.com/football-league/40588-blackburn-takeover-bid-blow.php#.UwCrzmJ_vSl

Can't find the page related to a 'takeover blow' via that link :/ copy/paste the writing?

[meerkat]

The mystery multi-millionaire asked by businessman Ian Currie to pump money into his bid for Blackburn Rovers has no plans to invest, [football] direct news can reveal.

Last year Currie approached the Manchester-based man in the hope that he would join his effort to wrestle ownership of the Championship outfit from controversial owners Venky’s, and was given partial encouragement when his contact asked for time to consider the idea.

However, the mystery figure does not intend to participate, leaving Rovers supporters’ dreams of an imminent offer in tatters.

http://www.footballdirectnews.com/football-league/40588-blackburn-takeover-bid-blow.php#.UwCrzmJ_vSl

[Amo]

The mystery multi-millionaire asked by businessman Ian Currie to pump money into his bid for Blackburn Rovers has no plans to invest, [football] direct news can reveal.

Last year Currie approached the Manchester-based man in the hope that he would join his effort to wrestle ownership of the Championship outfit from controversial owners Venky’s, and was given partial encouragement when his contact asked for time to consider the idea.

However, the mystery figure does not intend to participate, leaving Rovers supporters’ dreams of an imminent offer in tatters.

http://www.footballdirectnews.com/football-league/40588-blackburn-takeover-bid-blow.php#.UwCrzmJ_vSl

Shrewd businessman.

Unless you're a diehard fan, an asset-stripper, or a sheik with more money than sense, who would honestly want to "invest" in a black hole like Rovers?

[gumboots]

Also did rovers supporters have any real hope it would happen? I don't think so.

[TBTF]

Also did rovers supporters have any real hope it would happen? I don't think so.

None of it can ever happen whilst Venkys completely refuse to talk to anybody.Have my doubts that this report has any truth in it anyway.Didnt a simlar thing appear on that site back in October and the Ian's didnt even know who the Multi Millionaire was supposed to be or where the story came from?

The onlt time this Club will get bought is when its in Administration cos Venkys have raped it way beyond it being attractive to any buyer

[SIMON GARNERS 194]

And season by season the debt just keeps on rising like a Tsunami...can't see a way out.

[ABBEY]

You have it wrong .. The venkys are the dogs todger these days..

Not by me VENKYSCUM

[TBTF]

You have it wrong .. The venkys are the dogs todger these days..

Not by me VENKYSCUM

Yep you are right there Abbey -theres me completely forgetting that we need them to stay with us for another season of bankrolling.!! We will probably be odds on at the bookies next year.Can't see anyone getting near us.

[Duffy]

Seen a few stories from Football Direct and they never seem to be very accurate from what I've seen.

[stanhillrover]

People keep saying there is no logic to investing into a Championship club like Rovers. Actually there is a great deal of sense in doing so. Rovers have everything geared up for the Premier League. Stadium, training ground, academy, infrastructure. Potential buyers would see Rovers as a club that doesn't need a whole lot of structural change for it to be an established Premier League club. Clubs like Swansea, Stoke, Norwich and West Brom have established themselves and they have nothing going for them as a club that Rovers don't.

Lets remember that the club survived and thrived in the Premier League for 10 years with very little/no investment. Foreign owners have clearly seen the attraction in buying Championship clubs like Forest, Watford, Reading and Cardiff.

Buying a club with all the foundations in place for the Premier League is attractive. Spend a bit on players and make some shrewd decisions and the riches of the Premier League are waiting. Survival in the Premier League for a number of years will give you the option of recouping the money spent in the first place.

[TBTF]

People keep saying there is no logic to investing into a Championship club like Rovers. Actually there is a great deal of sense in doing so. Rovers have everything geared up for the Premier League. Stadium, training ground, academy, infrastructure. Potential buyers would see Rovers as a club that doesn't need a whole lot of structural change for it to be an established Premier League club. Clubs like Swansea, Stoke, Norwich and West Brom have established themselves and they have nothing go for them as a club that Rovers don't.

Lets remember that the club survived and thrived in the Premier League for 10 years with very little/no investment. Foreign owners have clearly seen the attraction in buying Championship clubs like Forest, Watford, Reading and Cardiff.

Buying a club with all the foundations in place for the Premier League is attractive. Spend a bit on players and make some shrewd decisions and the riches of the Premier League are waiting. Survival in the Premier League for a number of years will give you the option of recouping the money spent in the first place.

Fine in theory but do any of them have the overhead and debt pile that we 've been saddled with.Under FFP owners couldnt spend anything and a transfer embargo looks a racing cert.The queue to sign up for that will be extremely short.At least clubs like Swansea, Stoke Norwich and WBA have got there before FFP takes its grip and if they come down they will come down with massive parachute money.We spewed ours away on the likes of Best, Murphy , Etuhu and a township of Portugese waiters.

[yoda]

People keep saying there is no logic to investing into a Championship club like Rovers. Actually there is a great deal of sense in doing so. Rovers have everything geared up for the Premier League. Stadium, training ground, academy, infrastructure. Potential buyers would see Rovers as a club that doesn't need a whole lot of structural change for it to be an established Premier League club. Clubs like Swansea, Stoke, Norwich and West Brom have established themselves and they have nothing going for them as a club that Rovers don't.

Lets remember that the club survived and thrived in the Premier League for 10 years with very little/no investment. Foreign owners have clearly seen the attraction in buying Championship clubs like Forest, Watford, Reading and Cardiff.

Buying a club with all the foundations in place for the Premier League is attractive. Spend a bit on players and make some shrewd decisions and the riches of the Premier League are waiting. Survival in the Premier League for a number of years will give you the option of recouping the money spent in the first place.

Easy peasy then,

Actually not everything is geared up for the PL, the executive structure is a zillion miles away from where it should be, the debt interest payments will be prohibitive, promotion will need heavy investment to achieve plus the FFP fines, it all adds up to a hefty sums up front and hefty sums going forward with no guarantees of success. In short we need an oligarch type person who loves the Blue and White shirts, can you them queuing up?

[stanhillrover]

The executive structure can be changed almost immediately with some shrewd appointments to the board. The debt situation we know nothing about. Its entirely hypothetical at this stage. In the event of a takeover the debt may be transferred or paid off, its all theoretical. We have no idea how much debt would be saddled on the club in the event Venkys left. FFP fines are a drop in the ocean in comparison to Premier League TV revenues. QPR know this and have spent, spent, spent because they know promotion will cover their losses and more.

The FFP rules have been on the horizon for a number of years. That hasn't prevented foreign owners coming into Leeds, Forest, Leicester, Watford and Charlton in the last couple of years. If FFP was that much of an issue for owners I doubt any of those takeovers would have occurred. Indeed Leeds and Charlton, both with considerable problems themselves, have both been bought by foreign owners themselves in recent months. I know Leeds have above average support, but the club is in a shocking state and has no assets. Charlton are heading to League One and have less going for them than Rovers.

We don't need an oligarch. For all their faults Venkys have funded the club massively over the last 2 years and they are not in the oligarch league. You may point to it being bank debt but a commercial bank would not lend them such money if it wasn't secured. Infact no club that has gone up recently has had to rely on oligarch level investment.

This theory that you need to spend big to get promotion doesnt add up when you look at the league table and see Burnley where they are. Nor did Palace/Hull spend anything on their way up last season (both were going bust 3 years ago). Shrewd business throughout is what is required. Rovers have been doing that over the last 12 months.

[yoda]

The executive structure can be changed almost immediately with some shrewd appointments to the board. The debt situation we know nothing about. Its entirely hypothetical at this stage. In the event of a takeover the debt may be transferred or paid off, its all theoretical. We have no idea how much debt would be saddled on the club in the event Venkys left. FFP fines are a drop in the ocean in comparison to Premier League TV revenues. QPR know this and have spent, spent, spent because they know promotion will cover their losses and more.

The FFP rules have been on the horizon for a number of years. That hasn't prevented foreign owners coming into Leeds, Forest, Leicester, Watford and Charlton in the last couple of years. If FFP was that much of an issue for owners I doubt any of those takeovers would have occurred. Indeed Leeds and Charlton, both with considerable problems themselves, have both been bought by foreign owners themselves in recent months. I know Leeds have above average support, but the club is in a shocking state and has no assets. Charlton are heading to League One and have less going for them than Rovers.

We don't need an oligarch. For all their faults Venkys have funded the club massively over the last 2 years and they are not in the oligarch league. You may point to it being bank debt but a commercial bank would not lend them such money if it wasn't secured. Infact no club that has gone up recently has had to rely on oligarch level investment.

This theory that you need to spend big to get promotion doesnt add up when you look at the league table and see Burnley where they are. Nor did Palace/Hull spend anything on their way up last season (both were going bust 3 years ago). Shrewd business throughout is what is required. Rovers have been doing that over the last 12 months.

Sorry didn't realise that was all there is to it, I'll get me coat

[TBTF]

The executive structure can be changed almost immediately with some shrewd appointments to the board. The debt situation we know nothing about. Its entirely hypothetical at this stage. In the event of a takeover the debt may be transferred or paid off, its all theoretical. We have no idea how much debt would be saddled on the club in the event Venkys left. FFP fines are a drop in the ocean in comparison to Premier League TV revenues. QPR know this and have spent, spent, spent because they know promotion will cover their losses and more.

The FFP rules have been on the horizon for a number of years. That hasn't prevented foreign owners coming into Leeds, Forest, Leicester, Watford and Charlton in the last couple of years. If FFP was that much of an issue for owners I doubt any of those takeovers would have occurred. Indeed Leeds and Charlton, both with considerable problems themselves, have both been bought by foreign owners themselves in recent months. I know Leeds have above average support, but the club is in a shocking state and has no assets. Charlton are heading to League One and have less going for them than Rovers.

We don't need an oligarch. For all their faults Venkys have funded the club massively over the last 2 years and they are not in the oligarch league. You may point to it being bank debt but a commercial bank would not lend them such money if it wasn't secured. Infact no club that has gone up recently has had to rely on oligarch level investment.

This theory that you need to spend big to get promotion doesnt add up when you look at the league table and see Burnley where they are. Nor did Palace/Hull spend anything on their way up last season (both were going bust 3 years ago). Shrewd business throughout is what is required. Rovers have been doing that over the last 12 months.

So shrewd losses this year might have subsided to a mere £30 million?

[tomphil]

Which again begs the question just why do so many foreigners want to buy huge loss making English football clubs, just what's in it for them ? Some of them are not that rich and some are consortiums that struggle to get the cash together. Why oh why ?

[yoda]

Which again begs the question just why do so many foreigners want to buy huge loss making English football clubs, just what's in it for them ? Some of them are not that rich and some are consortiums that struggle to get the cash together. Why oh why ?

Persuasive agents?

[Guest Norbert]

And vanity. The thought of a full stadium cheering their name brings the likes of the Raos and Tan to own clubs. Though the Raos are clearly been upset at the reaction we gave them the last few times they turned up and have disappeared.

[Proudtobeblue&white]

And vanity. The thought of a full stadium cheering their name brings the likes of the Raos and Tan to own clubs. Though the Raos are clearly been upset at the reaction we gave them the last few times they turned up and have disappeared.

Good at chicken products, sh*te at football, enough said?

[yoda]

And vanity. The thought of a full stadium cheering their name brings the likes of the Raos and Tan to own clubs. Though the Raos are clearly been upset at the reaction we gave them the last few times they turned up and have disappeared.

I thought they disappeared when "they" bought us

[JAL]

I guess one of the stand-out attractions of Rovers (ahead of say, Burnley) would be the stadium and training facilities/academy which is already fit for purpose for the premier league.

Not forgetting more importantly that people around the world would be able to identify with the name Blackburn Rovers and the football shirt easily

[stanhillrover]

The point I initially responded to was the suggestion that nobody in their right mind would want to buy Rovers or similar club in the Championship. The argument being that there is simply no money to be made out of the venture.

Surely takeovers at clubs like Charlton and Leeds in recent months suggests that actually there is a reason why very wealthy people in the world want to buy English Championship clubs.

The reality is that in terms of 'development' Rovers are better off than most in this division. The club owns its stadium and training ground, neither of which require investment. Palace and Hull have shown that promotion can be achieved without the need for big money and both are looking good for survival without spending huge amounts.

[gumboots]

One thing you've missed out is that everyone of those clubs has a potential to grow the club locally. We don't. If the people of Blackburn don't come out in numbers to support the club then where are fans coming from? The other major towns nearby have their own clubs and black burns population isn't huge. Clubs like forest, Leeds, hull Swansea all have potential fanbases in the hundred thousands if not million+. Winning a few of them over will provide potential huge marketing revenue

[thenodrog]

One thing you've missed out is that everyone of those clubs has a potential to grow the club locally. We don't. If the people of Blackburn don't come out in numbers to support the club then where are fans coming from? The other major towns nearby have their own clubs and black burns population isn't huge. Clubs like forest, Leeds, hull Swansea all have potential fanbases in the hundred thousands if not million+. Winning a few of them over will provide potential huge marketing revenue

I see you are coming over to my way of thinking gumboots. You aren't alone.

[gumboots]

No because your way of thinking takes it one step further and I don't see your LU idea taking off any time soon. I'm simply pointing out that to say because someone is willing to invest in Swansea, hull or a London club they will be interested in us, is simplistic