Waggott is going to severely restrict away sales at most of those games

Separately to the civil Court case brought by Venky's to restore the right to fund Rovers without guarantees, prosecutors have been reported to be looking into the case. Prima facie, the birthday party and Neville Mansion were misreported to the tax authorities. Prima facie anywhere in the world, that is tax fraud and a criminal offence

On 20/11/2024 at 12:38, wilsdenrover said: The most recent Venky London accounts include the following wording (my emboldening): ‘if the court does not permit the release of future funds there will be a significant impact on BRFC’s ability to trade and therefore on the group remaining a going concern’ These accounts were signed off by the owners on the 9th July this year, therefore any change (if there really has been one) would appear to have taken place after this date. Clearly not everybody at the club has been truthful - working out whether anyone has been in the tricky (impossible?) part. I didn't comment on this because in light of the Indian Court case, the Indian Government and Courts would definitely not clear transfer of funds without guarantees if such a statement didn't appear in the Venky's London accounts. But that is not what is being written here- it raises the prospect that the Indian Courts, not the owners, might block future transfers. Is this posturing or is there a real risk of a Court order preventing transfers to VLL?

Gautam Adani was charged with fraud yesterday. Indian prosecutors going after him means small comparatively fry like Balaji Rao have huge reason to worry in current circumstances. I am sure one or more family members facing the prospect of prison time over matters they got embroiled in as a result of or linked to their Rovers venture must be changing perceptions and calculations in the Pune compound. There is a possible new normal with Rovers if that is what Venky's decide they want, but for supporters, all old norms and assumptions about 20m a year etc are gone.

In administration, the club would be run for the benefit of the creditors and maximising their return. The extent of the job losses would be a function of the Adminstrator's assessment of the trade off between reducing out goings to prolong the business running and having a juicy enough asset to optimise the selling price to new owners. If no new owners are in prospect, the administrator would quickly opt to liquidate Rovers.

That in itself could be problematic. First question - establish the bona fides of acquisition of full title. Or without the jargon, can you prove what you are selling to me you own, you bought it with your own legitimate funds and you did so without any restrictions in your ability to operate as the owners? Kentaro might not have acted as simple agents in that process. If for arguments sake, Kentaro signed a management agreement over Rovers while also holding a football agent license as part of arranging the sale in 2010, then as buyer I would need reassurance from the FA, Football League and Premier League that the ability of Venkys to pass ownership to me was not restricted and any punishment was either waived or restricted to Venkys so that I could make myself immune from the consequences.

Struggling sides are especially dangerous after having just picked up a big win so strong banana skin alert especially as Pompey have an excellent keeper in Schmidt. Spent breakfast watching highlights of Pompey games. Murphy and Lang are quick and tricky respectively on the flanks and will pose a real threat. Lang has been winning penalties thinking of our recent track record for giving penalties away. Beyond that Pompey look purpose made opposition for where we have strengths against their weaknesses. They score goals from presses inducing errors when teams pass it around narrowly at the back but have a hugely error prone defence particularly when their press has left the defenders exposed. This is a game that calls for high possession football from Rovers and getting in among the Pompey defenders. Zip that ball around and transition quickly back to front and we should be very alright in this one. Dolan, Ohashi, Weimann and Cantwell would all be in my starting team.

Are we seriously looking to bring back Jordan Rhodes in January?

250m is more than 10% of their official acknowledged wealth.

They are reported to be worth 2 billion, I have seen 4 billion reliably estimated. Squirting 0.25 billion on Rovers is not a "drop in the ocean" and it is also by far the most public thing they are involved in.

It is very obvious 14 years in that the Raos are trapped in having to own the Rovers but the reason and nature of the trap can only be guessed at. Kentaro folk were not very nice people and that is a massive understatement. Horrific things were done, extreme threats issued but I find it difficult to believe that a family of the wealth of the Raos living where and how they do could be effectively threatened even by the worst of the people in the Kentaro circle. More possible is that bad as the reputational damage has been to the Venky's name, there are revelations which could emerge which would be even worse and are worth the size of cash hits they are taking at Rovers. If Venky's didn't even put the original purchase price in themselves, it wouldn't look particularly good for them. That is just me speculating... However, a more likely scenario could be the following. For all its bureaucratic sclerosis, India is a country of law with criminal justice which can go after the richest and most powerful. For a family as wealthy as the Raos, it is beyond comprehension that they misrepresented 10m spent on a property and a birthday party to the tax authorities. Rao rich families have professionals working for them who make sure all documentation and reporting is immaculate so the really big tax saving schemes which will have been intricately negotiated and agreed with the authorities can never be looked at again because eg a birthday party categorised as a pharmaceutical investment triggered a general taxation investigation. That was either sloppy or Balaji hiding his errant ways- either are bad looks, or symptomatic of far worse that needs to be kept under wraps in Pune. These are also potentially criminal issues and it could be other things in the Kentaro/Venky's interface went on which run counter to Indian Law. Perhaps Indian Betting legislation is an area which could be problematical? The surest way of controlling access to any evidence is by sitting on it... Long and short of it is there has been no commercial or even emotional logic to the continuing Venky's/ Rovers entanglement. So folks like me will speculate...

3 points off 6th and 7 points above 22nd. Extremely congested down there. 4 points cover 11th placed Swansea to 22nd placed Cardiff.

Watched the first half of Chesterfield v Stanley. Markanday not involved much but looked different class the few times he was on the ball as he should be in League 2. Hilarious that the Stanley commentators didn't mention him at all for the first 30 minutes until he put in a bit of a run and there was a begrudging "Blackburn loanee".

It would be great to have ACD and Beck back fit. Hope players getting representative honours come back 100%

Controlled the game well and that first goal was quality. Apparently 42 passes and over 2 minutes of possession in the lead up! Travis dream pass for the second. Again Hedges refusing to shoot when well placed.

I just want us to break the habit of not getting the ball on target when presented with an unguarded portion of net. 7 times in the last 3 games?

We make few chances but those we do create are in the must score/really should score categories which are really dispiriting to players and fans alike when we miss badly. Don't care if it is an ugly fluke, a soft penalty or a worldie og, please can we have a break and score from it (or two or more) tonight? Stoke likely to be awkward opponents but not man for man better all over the pitch the way the Blades were.

This month but almost certainly not.

They were better in most facets. We desperately lack pace up front and physical strength also. Getting cheesed off with ref bias against us also. That said, Hedges air shot in front of gaping goal JRC air header in front of gaping goal Failure to take those didn't give ourselves a chance of nicking anything.

Very very unfortunate penalty to concede especially when the ball which strikes the arm is travelling away from goal to nobody in particular. Overall we were slightly the better of the two teams but we got neither of our gilt edged chances on target and that cost us.

Has anyone got a copy of the rumoured (several sources) recent Indian press story? A scouring of the internet produced the most comprehensive answer from Perplexity: There is currently no confirmed source directly stating that Venky's are selling Blackburn Rovers. However, there are ongoing discussions and speculation regarding the financial difficulties faced by Venky's, particularly due to a tax dispute with the Indian government that has affected their ability to fund the club effectively. Tax Dispute: Venky's are involved in a significant tax dispute in India, which has led to the seizure of assets and restrictions on transferring funds to Blackburn Rovers. This situation has raised concerns about their long-term commitment to the club and its financial stability . Financial Struggles: Reports indicate that despite having invested around £184 million into the club, Blackburn Rovers has not seen significant success on the pitch and remains in a precarious financial position. The Indian courts now have control over Venky's finances, complicating matters further . Speculation on Sale: While there have been past instances where Venky's dismissed rumors of a sale, there is an underlying sentiment among fans and analysts that if financial conditions do not improve, a sale could become a possibility in the future . The current narrative suggests that while there is speculation about a potential sale, no official announcement or credible source confirms that Venky's are actively seeking to sell Blackburn Rovers at this time.

Solid performance. Baggies one of the best outfits in the Championship so to be level pegging without too many alarms matching them all over the park is very encouraging.

Pleasantly encouraging so far from JE.

West Brom have quality all over the park and real depth on the bench too. A really stiff challenge and that humiliation at the Hawthorns to be avenged as well. I trust Eustace to get an up tempo performance in what promises to be a real cracker. All three results equally likely.

Look at how he arrived at Rovers from Preston. He is going to do the same to us this time. What is his transfer value to another Championship side? Most with any cash would pay 2m for sure. So a 1m signing on fee and a bigger wage than Rovers will be offering. He will be at a club like Stoke next season.