Popular Post JHRover Posted April 5 Popular Post Posted April 5 (edited) 4 hours ago, The1mattjansen said: What's going on at Ewood is clearly as disaster, and the current ownership make it almost untenable to continue to support the club. But what is the perceived end goal of the campaigns to get rid of them? Rovers are losing £20m/year consistently. The wage bill is 120% of turnover per most recent accounts. And Venky's are owed £140m from the club. So at a bare minimum, there'd need to be someone out there willing to give Venky's at least the value of the clubs assets in returning for taking ownership of a business that's going to lose them £20m/year (else Venky's would be better off liquidating it). Does such a person exist? And then the reality is that the Venky's are unlikely to simply walk-away from their* £140m. So it's going to cost a good bit more than the asset value of the club. I struggle to see a way out of this. The end goal is to be rid of them and then hopefully get an ownership and executive that runs the club properly. This is something that all the money in the world does not make up for. We are not consistently losing £20 million a year. Off the top of my head we have done so a handful of times. Usually it is several million less than that and the last few years will be nowhere near that thanks to player sales. Whatever the owners have put in over the last couple of years must be minimal when taking into account what they've brought in from sales. We are also forgetting that promotion to the Premier League is the reason an investor would get into this and if achieved more than makes up for several years of funding Championship losses. We go into League One, which is a matter of time under this 'model' of management, the pool of potential buyers dries up considerably. I can just see it now - the naysayers and those who have for some unknown reason convinced themselves that 'nobody would buy us' despite all available evidence suggesting that in all probability there would be interest - will watch us slide into the lower leagues under Venkys, shrivel up into a husk of a 3rd or 4th division club and then eventually far less people would be interested in buying so 'point proven'. They are not owed £140 million. That is their tab for the last 15 years. Their bill that they have allowed to rack up. A competent engaged owner would not need to find £20 million a year. Far less than that if they improve commercial and ticketing/income and manage player trading better rather than running our assets out of contract. Does such a person exist? Birmingham, Huddersfield, Wrexham, Hull, West Brom all say 'hi'. The way out of this is that the owners go, and then we take it from there on the long road to recovery. It might not be quick or easy but ultimately is necessary for the long term health of the club. Edited April 5 by JHRover 10 Quote
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... Posted April 5 Posted April 5 25 minutes ago, Mattyblue said: ‘Protest in your own time’ Tomorrow, 10am in my kitchen I’m going for. I'm using the 5 minutes i have to take a shit and will be protesting with my pants down. That'll get them out bloody scally wags! *commence fist waving like Blakey whilst on the throne 3 Quote
wilsdenrover Posted April 5 Posted April 5 18 minutes ago, JHRover said: The end goal is to be rid of them and then hopefully get an ownership and executive that runs the club properly. This is something that all the money in the world does not make up for. We are not consistently losing £20 million a year. Off the top of my head we have done so a handful of times. Usually it is several million less than that and the last few years will be nowhere near that thanks to player sales. Whatever the owners have put in over the last couple of years must be minimal when taking into account what they've brought in from sales. We are also forgetting that promotion to the Premier League is the reason an investor would get into this and if achieved more than makes up for several years of funding Championship losses. We go into League One, which is a matter of time under this 'model' of management, the pool of potential buyers dries up considerably. I can just see it now - the naysayers and those who have for some unknown reason convinced themselves that 'nobody would buy us' despite all available evidence suggesting that in all probability there would be interest - will watch us slide into the lower leagues under Venkys, shrivel up into a husk of a 3rd or 4th division club and then eventually far less people would be interested in buying so 'point proven'. They are not owed £140 million. That is their tab for the last 15 years. Their bill that they have allowed to rack up. A competent engaged owner would not need to find £20 million a year. Far less than that if they improve commercial and ticketing/income and manage player trading better rather than running our assets out of contract. Does such a person exist? Birmingham, Huddersfield, Wrexham, Hull, West Brom all say 'hi'. The way out of this is that the owners go, and then we take it from there on the long road to recovery. It might not be quick or easy but ultimately is necessary for the long term health of the club. Spot on: The profit and loss account just before the takeover (June ‘10 accounts) stood at - £108,574,131. This figure is now (June ‘24 accounts) £317,653.881 so an increase of £209,797,750 for an average of around £15 million a year. Quote
Gamst Posted April 5 Posted April 5 42 minutes ago, Mattyblue said: ‘Protest in your own time’ Tomorrow, 10am in my kitchen I’m going for. How dumb are people? Being at a football match is your own time. People are paying to be there! 7 Quote
Herbie6590 Posted April 5 Posted April 5 2 hours ago, SIMON GARNERS 194 said: Begs the question how can fan's be so Blind/Stupid as to events unfolding? *moves comment to Politics thread* 😆 5 Quote
simongarnerisgod Posted April 5 Posted April 5 i absolutely detest ***** like him,thankfully,happy clappers like mr whittaker are becoming extinct,let him carry on waving his rattle when we are adrift at the bottom of the league,he`ll have plenty of room to urge his fellow clappers on 8 Quote
martonrover Posted April 5 Posted April 5 1 hour ago, roverandout said: The utter delusional tripe people come put with What a tit, and evidently a f*cking thick one at that. 8 Quote
Popular Post Tomphil2 Posted April 5 Popular Post Posted April 5 1 hour ago, roverandout said: The utter delusional tripe people come put with 'Ste Kean' Tells us all we need to know about that post. 15 Quote
G Somerset Rover Posted April 5 Posted April 5 44 minutes ago, Tomphil2 said: 'Ste Kean' Tells us all we need to know about that post. He’ll be calling him a ‘wee gem’ soon. 1 Quote
Leonard Venkhater Posted April 5 Posted April 5 1 hour ago, simongarnerisgod said: i absolutely detest ***** like him,thankfully,happy clappers like mr whittaker are becoming extinct,let him carry on waving his rattle when we are adrift at the bottom of the league,he`ll have plenty of room to urge his fellow clappers on That film-"Rattle of a simple man"... 1 Quote
Ghost7 Posted April 5 Posted April 5 It had clearly reached a point where they were unable to sell a good manager the club, the project, themselves or the owners who they likely hadn't heard from for 10 months... The answer to every question a manager would be interested in hearing was on the back burner. Budget New Contracts Club goals Club structure Meetings with the ownership Promotion Scouting Facilities I'd imagine even the salary involved was unclear. What I am certain about from the Bayes interview is that we have 3 people in charge who are incompetent and totally disingenuous. "Thanks for your time... I think I'll hold off and see what else is around". Even if that means Derby. Like John did. 1 Quote
Ferrit Posted April 5 Posted April 5 5 hours ago, Tugayisgod said: Good to hear Adam Catterall venting his spleen on TalkSport last night just after the game. Must have had a rant for a good 10 minutes explaining to his colleague exactly what's gone on in the last 15 years under this lot. Nice one Adam Cat is good people. 1 Quote
Ferrit Posted April 5 Posted April 5 4 hours ago, roverandout said: Who's this idiot AQNVDDkYrCnTZEoJq5MEwaoEelLPZeTMf_qHQDCX40Jr8WIYBMGhutmFd4bapk9GnvnoC_5ktMxg7lJ7neY6tCcg.mp4 Giving someone grief for not putting their money in, whilst saying he won't put his money in. Clever lad. 4 Quote
simongarnerisgod Posted April 5 Posted April 5 (edited) 11 minutes ago, Ferrit said: Giving someone grief for not putting their money in, whilst saying he won't put his money in. Clever lad. sounds like a simpleton to me,probably a dingle and not one of the intelligent ones who have teeth Edited April 5 by simongarnerisgod 2 Quote
Blue n White Rover Posted April 5 Posted April 5 Funny how Glen Mullan, spotted on Thursday, meeting Waggott privately, yet has his happy clapping crew protesting. See his Twitter account. Not a peep about Waggott. Don’t be fooled by who is leading this. Why has Mullan not come out anywhere saying he attended this meeting with Waggott??? Quote
Blue n White Rover Posted April 5 Posted April 5 And now his latest tweet, knowing all the ins and outs of Waggot’s salary, as though he is the man doing the payroll. Unbelievable how our own fans can’t see it, right under their noses. Quote
davulsukur Posted April 5 Posted April 5 5 minutes ago, Blue n White Rover said: And now his latest tweet, knowing all the ins and outs of Waggot’s salary, as though he is the man doing the payroll. Unbelievable how our own fans can’t see it, right under their noses. Isn't his salary published in the accounts? (Could be wrong there) 2 Quote
Blue n White Rover Posted April 5 Posted April 5 Just now, Mattyblue said: So what’s your point, Glen is in Swag’s pocket? Why has Mullan not said a peep about this private meeting with Waggott? Why is he saying nothing about Waggott in his tweets? I don’t know the ins and outs, but this stinks of division being created by 2 men, one of which is our CEO. Quote
NJRover Posted April 5 Posted April 5 6 minutes ago, Blue n White Rover said: And now his latest tweet, knowing all the ins and outs of Waggot’s salary, as though he is the man doing the payroll. Unbelievable how our own fans can’t see it, right under their noses. Ok then….so what do you feel his end game is? Quote
Popular Post glen9mullan Posted April 5 Popular Post Posted April 5 15 minutes ago, Blue n White Rover said: Funny how Glen Mullan, spotted on Thursday, meeting Waggott privately, yet has his happy clapping crew protesting. See his Twitter account. Not a peep about Waggott. Don’t be fooled by who is leading this. Why has Mullan not come out anywhere saying he attended this meeting with Waggott??? The coalition know i spoke to Waggott , they also know the reason why We've advised him that we are taking legal action over his comments linking video, statement and threats in his interview as if that were sent from the same person. We discussed the transcript , he also advised he would pass onto his legal team. Anything else you'd like to know 😏 21 Quote
Blue n White Rover Posted April 5 Posted April 5 1 minute ago, davulsukur said: Isn't his salary published in the accounts? (Could be wrong there) See his latest tweet, talking about deferred pension. That isn’t disclosed in the accounts. Clearly backing Waggott up. Another tweet where he said Waggott would do a good job if his hands were untied. He’s not said a single word about Waggott being the problem. Also not a single word why he had a private meeting on Thursday night with Waggott. Why are the other fan groups not told about this?? Quote
Blue n White Rover Posted April 5 Posted April 5 1 minute ago, glen9mullan said: The coalition know i spoke to Waggott , they also know the reason why We've advised him that we are taking legal action over his comments linking video, statement and threats in his interview as if that were sent from the same person. We discussed the transcript , he also advised he would pass onto his legal team. Anything else you'd like to know 😏 But not a peep to the fans. So lack of communication, the same issue you accuse the club of and WATR?? Double standards. You kept it hidden from the fans and claim to be for the fans. Why did you not disclose to us? Quote
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