Tumbling out of the premier league is seen as a financial disaster and when a club is heading that way, understandably you more often that not, see a change of manager. Even Leicester did the unthinkable and sacked Ranieri, the season after he completed, what was probably the biggest miracle ever in English football. Venkys surely knew of the consequences of this happening, but gladly sat back, whilst Kean took us from the top half to a last game shoot out in the first year and completed the job in the second year. This was with a complete novice, who they were paying ridiculous sums of money. Even after the relegation he survived and was never sacked he resigned. Given how much he cost the club, why was this allowed to happen?

Just as a reminder, Premier league money and parachute money since Venkys arrived has been in the region of £130 Million. Sales of Phil Jones, Samba, Nzonzi and Gael Givet alone total £38 Million too.

Nicely summed up that and I agree with all of that. Don't forget the bonus in one manager's contract, based on league one seasons. What foresight that was!

I think you may be referring to this. The big hole is there for us all to see. None stranger than those signed by us and nearly all had the same agent, who of course worked for free, slept at the training ground and had the place rocking so much, it nearly fell over!!! As you will note their is no mention of unexplained hole in the accounts. What I meant by the hole was that Agents had "earned" a lot of money from players transactions, both in an out. As you will see from the link below, it looks like some of this was excessive. Also cast your mind back to Ruben Rochina and the fee paid for him and the commission paid. That money paid out, has created a hole in the finances of the club, as this money could have been spent in a better way. imagine for example if Mowbray was suddenly given the £3.5 million, mentioned below, to spend this summer. https://www.telegraph.co.uk/sport/football/teams/blackburn-rovers/10290996/Blackburn-Rovers-were-biggest-spenders-on-agents-fees-in-the-Championship-last-season-despite-underperforming.html

He was certainly on good money for being a Billy smart type of Character, you know what I mean Robbie? ;-)

Great post and of course these players were collectively known, as the five musca Eusebios, as the motto on signing them was all for one and one for all.

At the risk of going over old ground, given the last few posts, you have to wonder, where the £200 million plus went for starters. This was Premier league money for 2010/11 premier league money for 2011/12 parachute money for the following 4 years and then the players that were sold for big money, Phil Jones and Chris Samba, just being two examples. I am not having a go, because he is a Claret, but Sympathetic Claret, naively states it went on, manager pay offs, agents, players wages ETC. Yes of course it did, but the big question is, who really benefited from most of this? We have never got to the bottom of it and never will, as there have been some fantastic efforts to bring some of this skulduggery out into the open. Despite last years success, I cannot accept and never will accept that Venkys, were not complicit in at least some of this. I love Blackburn Rovers as much as anyone, but I will NEVER feel comfortable under the current ownership.

The big hole is there for us all to see. None stranger than those signed by us and nearly all had the same agent, who of course worked for free, slept at the training ground and had the place rocking so much, it nearly fell over!!!

The sums have been done before and when you look at the money brought in on big player sales, premier league money and parachute money for 4 years, there is a big hole somewhere.

Their recent statement could have mentioned something about their plans, unless it wasn't really them, who made it.

I fully agree. It was hypothetical, so lets say one of our posters says, " I have it in good faith".

I guess you answer this question yourself. Whilst we are in the Championship and finish perhaps, mid table, it gives us a platform for mounting a promotion challenge. I am not suggesting we stay there as I have stated, another promotion in 2 - 5 years would do. The other key thing of course, is we are ripe for a purchase, at this level, for anyone, who wants to take a punt on the famous Blackburn Rovers and take us to the big time again.

I think we would all accept it right now, if it was announced that Mowbray had been to India been promised between £5 - £10 million, plus funds from any sales, if there are any, to build a squad capable of competing in the Championship. I can't see us getting too near a promotion or play off spot, but would be happy to stay well clear of relegation and would take a Millwall or Sheff UTD right now. Yes I would love another promotion, but that can happen for me, in the next 2- 5 years and I would be prepared for the owners to ensure that we don't go bust or be relegated again, for now.

Owzatt?

I truly believe that it is important not to forget. Yes as fans we now see the club moving forward again and hope we don't slide back again. These people though are responsible for what has happened to the club and one successful year in the third tier, does not suddenly put it all right. That figure of £250 million to take us to the third tier and back, is astonishing and is akin to Wolves going down this year, instead of up. It simply can't happen without something sinister going on.

Yeah they even went as far fans as inviting fans over to meet them, to show how honest, open and accessible, they were . I wonder whose idea that was?

Yes she obviously new her stuff She did put a statement out last week though remember, along with, some other people, described as the owners. Some people have wondered if this statement was all their own work, as it was pretty good!!!

Thank goodness we didn't have eleven global advisers. Don't forget though Madame knew enough about football to sack a manager for playing the dull none entertaining type.

As has already been mentioned, £250m is a lot of money to throw away. It is all well and good underwriting it to ensure the club remained solvent, but why carry it on to that level. It is almost as though, someone else was pulling the strings. It reminds me a bit of That president in that far away country paying someone a chuck of money to keep certain stories out of the headlines. This could have got all Stormy, I am glad I had a Jack Daniels to help me forget.

So Venkys simply funded lots of OTT signings in the first few years and increased the share capital, or loans. I wonder why they did that? Our first eleven weren't always a global eleven really, were they?

I know one "player" who trousered a chunk and he was better at washing kits than playing football. That signing could have been a simple mistake, but I don't think I''m Myles away thinking otherwise.

It certainly doesn't make any sense, that's for sure.

They had a delivery there this morning and whilst the shelves were being stacked, one of the draymen knocked a pallet of red wine over. Smashed every bottle and now, even a after a good clean up, they can't get rid of the smell of the red wine. The longer they take to rid the place of the smell, the bigger the chance the pub will always stench of bitter Claret!

Ian Battersby is 100% Rovers, I guarantee that.

Here is an interesting article on one of todays red tops. https://www.thesun.co.uk/news/5133944/ashes-2017-18-third-test-england-cricket-perth-bookies-rig-plot/