The court hearing in August is at Venky's request in order to gain special permission to send funds out of India while under embargo . If they could send money now they wouldn't need the hearing. Not fake news, just facts.

WR's profit before tax to July 2023 was very slightly over £2 million. What percentage of that would they want to pay for a sponsorship deal ? It's not going to be a big figure.

He wasn't Waggott's mate

They can access this money. It has kept us afloat since January

I would say the fact that they haven't sent any is pretty good evidence. Also, from the LT in March "Venkateshwara Hatcheries Private Limited's application to push through funding for Blackburn Rovers has been delayed until August 20." "This latest delay further underlines how unsustainable Venky's current funding options are. There are serious long-term questions about how Rovers will be funded without an end to these sanctions imposed by the Indian government. £11.5million was transferred in November to provide the club funding until the end of January. Venky's wanted their latest application to cover the club until the summer and beyond.

So you believe they have been allowed to send money since March but haven't bothered ? OK

So why have Venky's sent no money since November 2023 ?

Waggott's latest statement via WATR is almost word for word what he said last time. He very carefully avoids the question of funds being sent from India - he only states that the owners have no impediments which will prevent them funding the club. This money will likely be coming from transfer fees and loans. Waggott has NOT stated that the owners can currently send funds from India. We all know that the court case is not about 'the running of the club' - that is quite obvious but it will affect Rovers ultimately. Over the past few years, FFP has always been sited as a reason why we can't overspend on new players. We are currently in a decent position with respect to FFP so we have an opportunity to splash the cash a little. hypothetical: Why not send funds from India for all the usual running costs and use the Wharton/Raya money to buy new players ? Probably because they can't send money from India!

I don't know. Maybe they are really really 'creative' ( I would say criminal ) or really really stupid. Either way not fit to own the club. Of course, the asset would not be guaranteed to lose money year after year if they actually took an interest. Promotion would recoup most of their losses.

He has some reasonably good games but there is always an absolute cockup just around the corner. We need a goalkeeper who is consistent and inspires confidence. Pears does neither.

For the same reason they declared a £7 million mansion for use in the poultry business rather than for private use - it saves on tax. Rich people like to avoid tax.

Talking of marketing, I contacted the club about 12 months ago and asked to be put on their email distribution list for all marketing/promotional communications. I got an email from the club saying thanks for my interest and that I would get all comms and offers going forward. Guess what, I've received nothing at all. I wouldn't buy a season ticket anyway, but they could at least try and persuade me!

Because he is Waggott's mate / client

Doing the same thing over and over again. It is perhaps unwise to expect different results

This is exactly what I feel. Deep sadness and anger. I can't believe we are selling our best players to Crystal Palace, Brentford and Luton!! Luton were a non league club when Venky's arrived. I bet Wharton would have loved to play for England while still a Rovers player which would have been perfectly realistic pre Venky's.

From a couple of years ago: Tom Sutton – Head of UK Scouting About: A local lad, Tom first started working for Rovers on work experience 10 years ago, before returning on a full-time basis this summer. He said: “I’ve been here for six months now and it’s been really good. The summer window was chaos at points, due to the changes in the department, but it’s great to be part of the club that I grew up supporting.

It's been a miserable 14 years.

And it also doesn't say that they can send money. They can fund the club in other ways - as previously discussed

If you could point me to the statement that clarifies the bit in bold I would be very grateful. They have not said this.

We discussed this at great length in the Rovers Trust thread ( page 29 ). Waggott issued a carefully worded statement regarding the owners 'ability to continue to fund the club' but the issues being discussed in the court case in India are a long way from being resolved. Funding at the moment is coming from player sales and loans secured against the training ground.

That is another good point. Why would they take out expensive loans like this if they were free to send funds from India?

The club have not stated that they can freely send funds from India. Waggott has stated that the adjournment in March did not affect the owners' ability to continue funding the club. This is true because they can use transfer income to fund the club. Nothing changed in March because there was no court hearing. Even if Venky's were allowed to send funds from India, they would need to match the amount with a security deposit to the BOI which would be a big increased burden for them. I've posted this a few times - there was a telling sentence in the LT back in March: stating that the adjournment had prevented Venky's sending funds that they had hoped would see the club through to the summer. Luckily, the Wharton and Raya cash has acted as a cushion. Without the transfer income we would have been struggling.

I agree. I don't think they can send any money at the moment. As stated in the LT: "£11.5million was transferred in November to provide funding until the end of January and Venky’s wanted their latest application to cover the club until the summer and beyond. They need to apply to send money and the application isn't being heard until August. Waggott has stated that their ability to fund the club is not affected - this is true as they can use income from player sales to fund the club - at the moment anyway!

“No matter how hard the past is, you can always begin again.” Buddha.

Sounds like Waggott signing up a few of his mates while acting as their agent. Watch John Fleck get a contract extension too! Taking advantage of his new position of power before the house of cards eventually tumbles.