Maybe peanuts to you but we want to reduce debt not increase it. No way we are going to be paying anyone 20K a week.

I'd love the Jordan Rhodes of a few years ago to return but fear he is no longer the same player. As for 20 K per week - way out of our league these days. Would simply be piled onto the ever increasing debt.

But have Venky's really spent £250 million on Rovers? Maybe they squirrelled away all the parachute money, the TV money, the profits from players etc and then used the same money to issue shares and loan money back to the club? If they really have ploughed all that income back into the club and it has cost £250 million on top of that and we are still massively in debt then how do other clubs manage to survive without having the same problems? It just doesn't add up to me.

Surely it's only a hobby if you are interested in it and enjoy it. Don't think either applies to Venky's where Rovers are concerned.

And still very worrying. It's good that we have a clearer picture of the context of the quote but there is nothing positive about it.

I never quite understand how the declared losses per year relate to the club's debt figures that are often quoted. I just did a quick scan through old LT reports on Rovers finances and found these figures recorded for the debts at the end of each season: 2014 £54.5 million 2015 £79.8 million 2017 £106.4 million What is it now ? I've seen £120 quoted somewhere. Is it that all the shares issued and money paid in by Venky's just get added to the club debt? Maybe this is the problem. I seem to remember it is total declared losses/debts that count towards FFP, not how much money is spent or received.

interesting article on Venky's finances https://simplywall.st/stocks/in/food-beverage-tobacco/nse-venkys/venkys-india-shares/news/are-venkys-india-limiteds-nsevenkys-interest-costs-too-high/

When we were organising 'Rock Against Venkys' I received a couple of weird emails stating that I should not use Venky's brand name to advertise the event and that I should remove all references immediately. This happened after the story was covered in the Daily Telegraph. I have no idea how the sender got my email address but I had been communicating with lots of newspapers and radio stations, bands, venues etc using that email. I just dismissed the warnings as they came from a GMAIL.com address and didn't seem in any way official. I was really hoping it WAS Venky's as the publicity of them trying to stop the gig would have been fantastic. I replied pointing out that I had not put the apostrophe in VENKYS so was not actually using the brand name. No idea if this was a valid defence but I never heard anything else. I would think the publicity of Venky's taking legal action against venkysout.com would not be worth their while. Again, the publicity that could be generated would do more harm to Venky's than the website itself I would think. When I was handing out flyers for Rock Against Venkys at Ewood before the MK Dons match earlier this season I got a very mixed response. I would say 50% of people I spoke to were broadly supportive, 40% were ambivalent about Venky's and 10% were totally against any protest and were happy for Venky's to stay. All valid opinions, of course, but a couple of people reacted as if I was an escaped lunatic and gave me a right mouthful. I suspect someone with these views sent the emails to me. But I will never know.

See what happens to Venky's shares when the beef ban is lifted in India. That legislation has been the reason for their share price rise over the last couple of years.

You say the money has been 'pumped in' but what has actually happened is that they have issued new shares to the value of £3.625m I don't understand how these things work but by issuing shares does that mean they can always get this money back by selling the shares or taking dividends. It's not like a free gift and their money has gone forever. Presumably, as long as the total assets of the club are over £147m ( Ewood, Brockhall, players ) the money is just an investment and could, in theory, be retrieved by selling assets. Where do the Bank of India come into it - is the debt to them completely unrelated to any share issues ? I've never understood it. Are they currently being totally benevolent or are they just moving money around?

Ah! that is bad news. Poor lad.

I guess it depends if he has already had surgery to fix the problem. If he hasn't then that would be the next step. It would mean a long recovery process but I think it is a generally successful procedure these days. Wish him all the best and hope we see him in Blue and White next year.

Dead can Dance - In the Kingdom of the Blind the One-Eyed Are Kings

Wayne (Jayne) County and the electric chairs - Thunder when she walks

Also page 35, section 28. A reference to MRS Balaji Rao!! That's what he's been spending all his money on.

Exactly what I was thinking. I thought both Ians were big Rovers fans. I am sure Battersby is. But if they just fancy owning a football club then Blackpool are probably a better proposition as they would start debt free and a probably a have a wealthy and willing partner in Belokon. Why go for Rovers with the a massive debt hanging over the club. That's even if they had the option

Ian Currie must have given up hope of Venky's selling https://www.blackpoolgazette.co.uk/news/business/millionaire-businessman-admits-interest-in-blackpool-fc-1-8870000

Bob Coar ?

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 ?

OMG Give me strength

Sounds like a large proportion of the budget at that level. What would Jack think! Another nail in the coffin. Can't take this lying down