Venky’s v Indian Government (a) - 25/3/2025 - Perennially Re-Arranged Challenge Match

[Ghost7]

Indian football ownership in the UK does not work. It was never going to work not by a company that size, an extremely rich individual perhaps but the bureaucracy is too much and now you can all see it in black and white when something goes to court it is the same. To get something done is extremely difficult and as I've said before things that are done quickly elsewhere can take years! I can tell you this is the reason for our repeated deadline day transfer failings. Venky's, nothing else. The club should never have been sold to them by the Walkers and they should not have been allowed to buy.

You can follow this court case all you want, sadly nothing will change.

[SIMON GARNERS 194]

Sad to say but reading the comments section about an article on Venkys in the LET and you come to the conclusion that some of our fans are dead from the Waist up.

[Mattyblue]

We need to face facts, the majority of the fanbase don’t particularly care about the owners, brfcs and our visceral views are very much the outlier.

[alcd]

There's reportedly a backlog of 50m cases in the Indian legal system. This court farce could and likely will go on for many years yet. 

[tomphil]

A running joke now but they obviously aren't that bothered after Waggot and sidekick have told them liquidating playing assets is the way to go until we run out of money again.

 

[wilsdenrover]

[wilsdenrover]

37 minutes ago, alcd said:

There's reportedly a backlog of 50m cases in the Indian legal system. This court farce could and likely will go on for many years yet. 

One of the cases in the same courtroom yesterday began in 2014.

[den]

https://www.lancashiretelegraph.co.uk/sport/24725037.venkys-court-case-latest-means-blackburn/

Blackburn Rovers officials have always reiterated there is no barriers preventing Venky from funding the club. There is an agreement in place that the owners can continue their spending as long as they match each pound with a personal guarantee.
 

……………..

There might not be anything to stop them from funding the club, but they might not want to fund them to any great extent at all given they have to match every pound. That could go on for years and tie up many millions for a long time with no guarantee they’ll see that money again.

[G Somerset Rover]

Running out of sellable assets would seem to be our only hope right now of being rid of them.

What a hope to have!

[Upside Down]

6 hours ago, tomphil said:

Still winging it season by season instead of ever drawing up 3 year plans, investing a bit then sticking to it.

Or maybe they do maybe we are missing that and the only intention is to chuck a bit in, let the team grow for a few years then sell it to pay down borrowings that have been running it ?

Maybe we are missing that bit because the Mowbray era bucked the selling trend for a few years but in theory he did grown a team but he and his mates somehow contrived to let half of it go on free transfers !

Then followed a budget cut !    Coincidence ?

The only effort they've ever made has been to get us to be plodding mid table second division side.

No ambition, no pressure, no scrutiny but reasonable amount of player turnover with all the commissions to boot.

Where did the money come from to buy the club again 🤔

[simongarnerisgod]

2 hours ago, SIMON GARNERS 194 said:

Sad to say but reading the comments section about an article on Venkys in the LET and you come to the conclusion that some of our fans are dead from the Waist up.

they are no doubt either telegraph employees told to post positive spin by their masters at ewood or club shills also told to write something positive and warm about venkys,no one can be that stupid as to see venkys as good owners and our saviours

[Vinjay]

2 hours ago, Mattyblue said:

We need to face facts, the majority of the fanbase don’t particularly care about the owners, brfcs and our visceral views are very much the outlier.

Including previous owners like Jack Walker. When are you going to say enough is enough and since when was this site visceral? Got banned for a year just for calling people parasites. 

Edited November 14, 2024 by Vinjay

[Mattyblue]

This site is visceral in its views on Venky’s in comparison to Ewood, to the LT comments section, you name it. 

Suppose the way it is with such a parochial fanbase.
 

Edited November 14, 2024 by Mattyblue

[Mattyblue]

Fair enough.

[47er]

2 hours ago, den said:

https://www.lancashiretelegraph.co.uk/sport/24725037.venkys-court-case-latest-means-blackburn/

Blackburn Rovers officials have always reiterated there is no barriers preventing Venky from funding the club. There is an agreement in place that the owners can continue their spending as long as they match each pound with a personal guarantee.
 

……………..

There might not be anything to stop them from funding the club, but they might not want to fund them to any great extent at all given they have to match every pound. That could go on for years and tie up many millions for a long time with no guarantee they’ll see that money again.

In that case Den they have 2 choices---allow their asset to go down the drain or sell.

[Songman]

https://www.google.com/amp/s/www.thesun.co.uk/sport/31721671/former-premier-league-winners-risk-going-bust-blackburn/amp/

[Upside Down]

2 hours ago, Songman said:

https://www.google.com/amp/s/www.thesun.co.uk/sport/31721671/former-premier-league-winners-risk-going-bust-blackburn/amp/

Great stuff. Bring on adminstration.

Ideally a sale would be better like but these swamp dwellers refuse to sell.

[lraC]

3 hours ago, Songman said:

https://www.google.com/amp/s/www.thesun.co.uk/sport/31721671/former-premier-league-winners-risk-going-bust-blackburn/amp/

No impediment then!!!!

I assume WATR will drill down on the no impediment line trotted about by Waggott, in the next meeting? 

[CrouchingNunhiddenCucumber]

5 hours ago, Songman said:

https://www.google.com/amp/s/www.thesun.co.uk/sport/31721671/former-premier-league-winners-risk-going-bust-blackburn/amp/

Can't see it being a bad thing that it's out there, though I'd question if the author of the article has a real grasp of the situation.

For me they'll keep losing money rather than lose faith so this'll go on for years yet. 

[Upside Down]

2 hours ago, CrouchingNunhiddenCucumber said:

Can't see it being a bad thing that it's out there, though I'd question if the author of the article has a real grasp of the situation.

For me they'll keep losing money rather than lose faith so this'll go on for years yet. 

Whether they can send money or not is irrelevant really as they haven't done for a while and have instructed their lap dogs to fund the club via fire sale.

Whatever scam they were running for all those years has been rumbled now and they're under the microscope, hence the lack of funding.

That Sun article is actually not bad and is very direct. Seems like the author actually spent a bit of time looking into things rather than just regurgitating whatever bullshit the club comes out with. The main point is that the biggest national tabloid is covering the story and telling the actual story, if only local media would do the same...

Edited November 15, 2024 by Upside Down

[tomphil]

At least he included the bit about the Indian DoE being responsible for looking at money transfer and money laundering.

That might wake a few up although i doubt it made any printed version.

I hope they are crawling over every single transaction.

[Makrover]

The thoughts of Nixon 

[roversfan99]

I dont get why anyone would ask for his opinion on articles he presumably didnt even write.

[tomphil]

He knows nothing more than anyone else on this and he'll always come down on the side of the owners.

Only thing Nixon gets in on is the odd transfer when it involves one of his close agent pals and to try and brush this off as nothing shows who is pressing his buttons.

[Valconite]

We will never get rid of them. They'll make sure the club seizes to exist rather than sell and eff off. No doubt alot of dodgy things been going on that they don't want coming out during a sale.  Nothing else makes sense. No normal businessmen would run a business like this.