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Revealed: How Blackburn have collapsed into chaos
  • Knoxy2001e
    Posts: 1,424
    http://tinyurl.com/7czj4yn

    "From Venky's bizarre notion that £3m a year could keep Rovers competitive, to the dismantling of the board – not to mention Steve Kean's absurd 14-hour trips to India, where Mrs Desai pulls the strings, 'The Independent' tells all.

    Blackburn Rovers' Indian owners further dismantled the club yesterday, with the departure of their commercial director diminishing an already emasculated Ewood Park boardroom which evidently lacks any power to find a route out of the current financial calamity... 

    It is unclear whether Rovers have any money to spend, considering that their bankers, Barclays, told the Indians that they must deposit £10 million in the club's account or risk no extension of credit to pay the players' wages beyond this month.

    A sense of how the club has collapsed into chaos has been provided by financier Ian Battersby, one of the few people with links to the club to have been granted an audience with Anuradha Desai, the matriarch of the Rao family who control Venky's. Battersby's detailed account to The Independent of his trip to the family base at Pune, 70 miles south-east of Mumbai, reveals that Desai was convinced that an annual working capital injection of £3m to £5m would be enough to run Rovers, while enhancing the Venky's chicken processing brand in the west. "They thought the initial down-payment [£23m] to buy the club was essentially 'job done'," Battersby said. "With an annual working capital injection of £3m to £5m alongside astute player trading, they [thought] they could get on and expand their brand.""
  • 1ceablue
    Posts: 3,253
    It just emphasises the old saying ...... " don't count your chickens.........."
  • kingmoyes
    Posts: 1,841
    At least Blackburn get £3m/£5m injection, we get eff all.....

    Hale the Vekys I say
  • kingmoyes
    Posts: 1,841
    And anyways, how could we get worse that a board that gives NO MONEY and Trades at a £5m loss every year??? have a day off 1ceablue....
  • 1ceablue
    Posts: 3,253
    kingmoyes said:

    And anyways, how could we get worse that a board that gives NO MONEY and Trades at a £5m loss every year??? have a day off 1ceablue....


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    I am having a day off, which is why I'm on here. And to be honest you wouldn't really want to be in Rovers position would you......this place would be in melt down.......
  • cjohno
    Posts: 5,114
    did you know that venkys actually thought blackburn were a franchise when they bought them, they thought there were lots of blackburns lol they should of stuck to chickens and bought kfc franchise.
  • kingmoyes
    Posts: 1,841
    1ceablue said:

    kingmoyes said:

    And anyways, how could we get worse that a board that gives NO MONEY and Trades at a £5m loss every year??? have a day off 1ceablue....


    -----------------






    I am having a day off, which is why I'm on here. And to be honest you wouldn't really want to be in Rovers position would you......this place would be in melt down.......

    -----------------



    hahahahahaha
  • Knoxy2001e
    Posts: 1,424
    "  (Kean) who reports directly to the Venky's board. This explains the once-monthly trips to Pune that Kean has been willing to undertake – with a 10-hour flight from London to Mumbai and four-hour onward road trip to Pune. ..

    In the circumstances, Battersby believes Kean has taken undue abuse. "The amount of vitriol has alienated the club from the wider football community and it's meant that few are sympathetic of the club's plight," he said. "It's a soap opera which has drowned out the more serious questions needing to be asked about the ruining of a football club.""

    what a mess. how long can rovers last?
  • Knoxy2001e
    Posts: 1,424
    sounds like blackburn is being run by an indian version of the blue union.
  • Phantomblue
    Posts: 421
    maybe some easy picking at the end of the season... but who to take? That Yak.. guy, looks good..

    i know they have 1 or 2 young player coming through.
  • sambo applecart
    Posts: 24,179
    Hoilett and N'zonzi please
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