markhayhurst Posted 15 hours ago Posted 15 hours ago (edited) Serious question re: campaign can Venkys sell? and is the club theirs to sell? based upon previous investigations it might not be as easy as calling for Venkys to put club up for sale. *serious question Edited 15 hours ago by markhayhurst 7 Quote
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Neal Posted 15 hours ago Posted 15 hours ago 2 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. I see it purely and simply this way now because its gotten to this point... Whatever the finances are... However bad the results are... If they get relegated... IT'S ALL ON THEM. Not me. I'm not paying them admission to watch them destroy the club and it's not as if it even resembles the club I supported in the first place, which makes it easier. There is hardly anything left to support but one thing... And people need to be careful with being played by this because Gestede has already mentioned it... The club are going to use the academy lads as a shield and as a tool to tug at the supporters heart strings to give them a reason to support the team, whilst ultimately the giving them a reason to not further invest and cut costs. Don't fall for it. Don't be played AGAIN by Waggot. NOT A PENNY MORE FOLKS. 9 Quote
roverandout Posted 15 hours ago Posted 15 hours ago The utter delusional tripe people come put with Quote
Popular Post Mattyblue Posted 15 hours ago Popular Post Posted 15 hours ago ‘Protest in your own time’ Tomorrow, 10am in my kitchen I’m going for. 21 Quote
Popular Post Neal Posted 15 hours ago Popular Post Posted 15 hours ago 2 minutes ago, roverandout said: The utter delusional tripe people come put with Enjoy it pal. Way Val has them playing you'll be sat in a 31k seater stadium with 4 thousand other smooth brains like yourself clapping away at getting a point against fucking Wrexham. I can't stand with these people. Leave them to it. 15 Quote
JHRover Posted 14 hours ago Posted 14 hours ago (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 14 hours ago by JHRover 9 Quote
... Posted 14 hours ago Posted 14 hours ago 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 14 hours ago Posted 14 hours ago 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 14 hours ago Posted 14 hours ago 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 14 hours ago Posted 14 hours ago 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* 😆 4 Quote
simongarnerisgod Posted 14 hours ago Posted 14 hours ago 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 14 hours ago Posted 14 hours ago 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 13 hours ago Popular Post Posted 13 hours ago 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 13 hours ago Posted 13 hours ago 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 12 hours ago Posted 12 hours ago 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 12 hours ago Posted 12 hours ago 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 12 hours ago Posted 12 hours ago 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 12 hours ago Posted 12 hours ago 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 12 hours ago Posted 12 hours ago (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 12 hours ago by simongarnerisgod 2 Quote
LeftWinger Posted 11 hours ago Posted 11 hours ago 10 minutes ago, CambridgeRover said: That's amazing 3 Quote
Blue n White Rover Posted 11 hours ago Posted 11 hours ago 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 11 hours ago Posted 11 hours ago 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
Mattyblue Posted 11 hours ago Posted 11 hours ago So what’s your point, Glen is in Swag’s pocket? Quote
davulsukur Posted 11 hours ago Posted 11 hours ago 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
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