Kamy100 Posted May 17, 2017 Posted May 17, 2017 Local and national media reports have suggested that accounting firms KPMG and Deloitte have been bought into Rovers this week to look at the club finances. At this stage it is not clear whether these firms have be appointed by Venky's or the club's bank the State Bank of India, or their reason for being at Ewood. The club suffered relegation to League 1 and income is expected to be down by a minimum of £5 million. View full article 2
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JAL Posted May 17, 2017 Posted May 17, 2017 Blackburn's local paper the Lancashire Telegraph clearly state that it's Venkys that have authorised these accounting firms to look into Rovers books. So why do you say that it's unclear at this moment in time ?
pk1875 Posted May 17, 2017 Posted May 17, 2017 Just now, JAL said: Blackburn's local paper the Lancashire Telegraph clearly state that it's Venkys that have authorised these accounting firms to look into Rovers books. So why do you say that it's unclear at this moment in time ? Because it is The Lancashire Telegraph 7
Popular Post bob fleming Posted May 17, 2017 Popular Post Posted May 17, 2017 Just now, pk1875 said: Because it is The Lancashire Telegraph Please take out 10
AllRoverAsia Posted May 17, 2017 Posted May 17, 2017 (edited) 1 hour ago, Kamy100 said: Local and national media reports have suggested that accounting firms KPMG and Deloitte have been bought into Rovers this week to look at the club finances. At this stage it is not clear whether these firms have be appointed by Venky's or the club's bank the State Bank of India, or their reason for being at Ewood. The club suffered relegation to League 1 and income is expected to be down by a minimum of £5 million. View full article Kamy, to while away the time whilst the bean counters are busy I've started re-reading Editorials and your and vdb's stuff in December 2010 is well worth a read. Good reporting of then current news and of things to come. Edited May 17, 2017 by AllRoverAsia
JAL Posted May 18, 2017 Posted May 18, 2017 On 2017-5-17 at 16:07, pk1875 said: Because it is The Lancashire Telegraph Reading the LT at this moment in time it's like everything is positive at Rovers. 1
Stuart Posted May 18, 2017 Posted May 18, 2017 1 hour ago, JAL said: Reading the LT at this moment in time it's like everything is positive at Rovers. People believe it though. No word of a lie, a bloke collared me at work this morning about the story that Mowbray had been offered a new contract: "Good news, it means Venkys look like they are getting their act together".
AllRoverAsia Posted May 27, 2017 Posted May 27, 2017 What's the latest on the bean counters? Cheston still got a job? There has been so much positive spin this seems forgotten.
MikeRovers Posted May 27, 2017 Posted May 27, 2017 https://www.instagram.com/balaji_rao1/ Hmm? Is this real? Get on it if so!
perthblue02 Posted May 27, 2017 Posted May 27, 2017 (edited) 19 minutes ago, MikeRovers said: https://www.instagram.com/balaji_rao1/ Hmm? Is this real? Get on it if so! Most images on it are freely available from a google search and the "family" photos do not look like the Rao's parents , so probably fake. Besides if it was Blingys i'm sure it would be full of tacky look how rich I am and celebrity hugs pics and ones of the gangsta boyz from the mumbai hood his business associates from Mumbai Edited May 27, 2017 by perthblue02 1
Moderation Lead K-Hod Posted May 27, 2017 Moderation Lead Posted May 27, 2017 If it was real, it would be private IMO. 1
Dunnfc Posted May 27, 2017 Posted May 27, 2017 6 hours ago, AllRoverAsia said: What's the latest on the bean counters? Cheston still got a job? There has been so much positive spin this seems forgotten. It's amazing how bad of a job cheston does and goes unscathed.
AllRoverAsia Posted June 2, 2017 Posted June 2, 2017 On 2017-5-28 at 02:11, Dunnfc said: It's amazing how bad of a job cheston does and goes unscathed. He knows where the skeletons are The books fixed yet at Ewood?
TBTF Posted June 12, 2017 Posted June 12, 2017 12 minutes ago, Suhail Slayer said: 4 weeks this Wednesday. Still wondering why 2 firms.... The figures are the figures... they can't be different. Any suggestions of ways to streamline the business will be the same ? or if different how to decide which is the best advice to follow ? Still doesn't make sense. Could it still be due diligence and This Mowbray / Venus stuff is all being driven by prospective new owners ? The 6 million runs out at the end of the month so something MUST happen.... cant be any problem SS, you are overreacting. They have backed his plans during positive talks in India. If there was a problem we would have read about it in the LT in the momentous news column marked '' first manager since Bowyer to go to India''. All is well, the flipchart will be doing somersaults and they will be having intense meetings now trying to learn names and job titles of their colleagues and writing next months statement from the owners who are continuing to support the manager and hope we can get back to the Premier league next season and why the early bird season ticket prices have been held until 1st December. ......hic hic
Irishrover213 Posted June 12, 2017 Posted June 12, 2017 3 hours ago, TBTF said: cant be any problem SS, you are overreacting. They have backed his plans during positive talks in India. If there was a problem we would have read about it in the LT in the momentous news column marked '' first manager since Bowyer to go to India''. All is well, the flipchart will be doing somersaults and they will be having intense meetings now trying to learn names and job titles of their colleagues and writing next months statement from the owners who are continuing to support the manager and hope we can get back to the Premier league next season and why the early bird season ticket prices have been held until 1st December. ......hic hic Don't forget cheston and his power point will reassure us everything is ok
Gone to seed Posted June 12, 2017 Posted June 12, 2017 Maybe someone is looking for the smoking gun that would see the Venky's and their 'advisors' booted out of football and out of our lives... similar shenanigans alleged at Blackpool, after all.. http://www.bbc.co.uk/news/uk-england-lancashire-40250175 Venkys out - backwards stawt.
AllRoverAsia Posted June 15, 2017 Posted June 15, 2017 On 2017-6-12 at 19:21, Suhail Slayer said: 4 weeks this Wednesday. Still wondering why 2 firms.... The figures are the figures... they can't be different. Any suggestions of ways to streamline the business will be the same ? or if different how to decide which is the best advice to follow ? Still doesn't make sense. Could it still be due diligence and This Mowbray / Venus stuff is all being driven by prospective new owners ? The 6 million runs out at the end of the month so something MUST happen.... I remain convinced that something big is brewing. It may take a few weeks more to emerge but it's coming. No one spends these sort of fees in L1 to check who's fiddling the petty cash. The LT should be all over this like a bad rash. Yes I know. 1
AllRoverAsia Posted June 15, 2017 Posted June 15, 2017 (edited) Just now, chaddyrovers said: Are these 2 accounting firms still there? They arrived w/b 15 May and scheduled for 4 weeks. Assuming 4 weeks were all investigative/ analytical they should by now be putting their overview and recommendations together. This should have being an ongoing part of their work plan anyway so they will be presenting soon........to whomever ordered the audit. In due course Fans will hear: A massive change akin to an earthquake OR absolutely nothing. Imo. Edited June 15, 2017 by AllRoverAsia
tomphil Posted June 15, 2017 Posted June 15, 2017 If there isn't a sale process being put in place it would be nice if they come up with a hit list of fingers in the till names and go after them instead. 1
Dunnfc Posted June 15, 2017 Posted June 15, 2017 1 hour ago, tomphil said: If there isn't a sale process being put in place it would be nice if they come up with a hit list of fingers in the till names and go after them instead. Not sure it's possible as they compensated Kentaro for early termination. Crescendo on the other hand
Crimpshrine Posted June 15, 2017 Posted June 15, 2017 I see 'Venky's India' shares had a pretty good day today. Up by more than 5% since yesterday if I'm reading it right. Have they issued some news of some sort ?
tomphil Posted June 15, 2017 Posted June 15, 2017 Issue a bit of bad news then shares fall so they buy a load back with personal money via 3rd party knowing they'll fly up again when financials are announced or something then sell. Play your own company Monopoly type game and fill your own pockets
AllRoverAsia Posted June 20, 2017 Posted June 20, 2017 On 2017-6-15 at 21:57, renrag said: Do you think so? I'm not so sure. Siding with you more and more. No news is Bad News!
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