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2025 Summer Transfer Thread. π
London blue replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
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2025 Summer Transfer Thread. π
bluebruce replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Apologies, think I got mixed up with some other club. There's that much yo-yoing goes on from this league to the Championship, nearly everyone else seems to have done it at some point since we came down. They have however been in the playoffs twice since Venkys came, which we haven't done once since relegation. -
2025 Summer Transfer Thread. π
wilsdenrover replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
If I remember correctly (and itβs sadly now so long ago) Jack periodically wrote off the loans heβd made. Fifteen years in and Venkys have never done the same. -
2025 Summer Transfer Thread. π
bluebruce replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Getting what they paid for us back would be child's play if they wrote off their debt to us. They could probably get double that if they were interested in entertaining bids. The money in the game has changed significantly. Crappy Derby County were bought for 33 million when in administration last year, but 55 million really as they also bought their stadium for 22 mill. There is a claim that Sheff W turned down 75 million dollars last month. -
2025 Summer Transfer Thread. π
wilsdenrover replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
They are amongst the creditors on the clubβs balance sheet. -
Consultation meetings are open to all. The fans forum is not! This being a crucial part of the fan engagement rules set out by the EFL the FF let the club carry on at will. Its a known fact that Suhail and the club want to cut all ties and communications with fans.why?My point is in the past the FF have let this ride I hope the farcical way the club are going about setting up the 150 (135) anniversary celebrations are anything to go by was brought up.
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2025 Summer Transfer Thread. π
wilsdenrover replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
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2025 Summer Transfer Thread. π
MarkBRFC replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Sheff Wed haven't been in the Prem since the year 2000! -
2025 Summer Transfer Thread. π
JBiz replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Definitely agree on the last point, and itβs still boggles the brain how they passed that test. Pompey are a good example because of what they went through and what it took them a to get back to this level. Iβm sure weβd both prefer watching Rovers fighting its way back but being directed and run by people who have a vested interest and care for the club? Weβd all take any level of football I think, for a degree of pride and expectation of being well run, not an expectation of the next fuck up due to ignorance. -
2025 Summer Transfer Thread. π
bluebruce replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Hull and Sheff W haven't had a 15 year nightmare with little sign of ending. Hull have been in the Prem in that period. Yes, under different owners I believe, but that's the thing about awful owners, they usually burn out and leave. Ours stick around and the purgatory continues. Chances are, Hull and Sheff W will both get to the Prem again before we do, under new owners. Coventry used to be one of those cautionary tales of what could happen with other owners, look where they are now. -
2025 Summer Transfer Thread. π
wilsdenrover replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Nope, thatβs a different figure. Iβm referring to the money owed to group undertakings. Also, in addition, see the below from Venkys London accounts: -
2025 Summer Transfer Thread. π
RevidgeBlue replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Originally, they paid the Walkers a total of Β£24m if I recall correctly plus taking on the external Bank overdraft of cΒ£15m at the time. They're never getting any more than that unless we get promoted. The Β£200m or whatever it is is gone. The trick is finding someone who thinks they can turn us round and is willing to pay them something akin to what they paid for us with the remainder of the debt written off -
As the person who has been writing up the Forum minutes for a long time I would be interested in knowing where it has been reported that the minutes are not an accurate account? This is what happens - I come home and write the minutes as best I can. Then they go to the club and some changes are made. Often these are very minor changes, sometimes more information might be added. Whilst occasionally I and the Chair might go back regarding these changes nearly always we are happy with the end result. It's important to note here that we may very well not be happy with what was said, but we are happy with the factual accuracy of what we were told. What the minutes can never be is a verbatim record of everything that everyone says during the meetings. That would be unreadable and provide no more clarity. What I think does happen is that the words on the minutes do not and I don't think can ever convey the full understanding of the level of debate. They are minutes, not a drama. Finally in the past we have sometimes been told some confidential things that I am not allowed to minute. John Williams in particular did it all the time. There was none of that last night.
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2025 Summer Transfer Thread. π
lraC replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Β£25m in wages per annum and turnover Β£21m tells everyone who needs to know, that this is only costing more and rising, year in year out. In the words of the Grand master Flash, "The longer you stay, the more you pay". -
2025 Summer Transfer Thread. π
roversfan99 replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
If you got promoted, your wage would automatically go up considerably, you would potentially be offered a bumper new contract. You would be expected to be relegated again but that promotion would also be great on your CV to get you future jobs. And worst case scenario, the club sacks you and you are left being paid out for the now increased contract that you have. It makes absolutely zero sense for any manager to not want and strive for promotion. They all do, some just dont have the competence. -
2025 Summer Transfer Thread. π
JBiz replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Great to see some Swiss ramble in this thread -
2025 Summer Transfer Thread. π
Crimpshrine replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
I am not debating the fact that Venky's fund the club and it has cost them a fortune but the accounts don't mention anything about debt. Just profit and loss. -
2025 Summer Transfer Thread. π
JHRover replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
No I don't - aside from Portsmouth following their financial collapse no comparable sized club in England has successfully gone into fan ownership. It doesn't work at this level or size of club. Note also that Portsmouth, despite 15,000+ a week turning up in Leagues One and Two, promptly ditched the idea and sold out to the Americans because they realised that to get back up to the top 2 divisions they needed external investment. It is relatively easy to find new owners yes - if you like I could name you dozens of examples across the top 3 leagues in England. No guarantees of success I accept, but there are plenty of options out there and I think we can probably agree that they'd struggle to beat Venkys in the 'unfit and improper' rankings even if they were awful. -
2025 Summer Transfer Thread. π
joey_big_nose replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
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2025 Summer Transfer Thread. π
Crimpshrine replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Are you referring to the share allotments? There is no loan agreement saying anything needs to be paid back -
2025 Summer Transfer Thread. π
JBiz replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
One of the reasons people have said they wonβt entertain a sale is they want some money back. -
2025 Summer Transfer Thread. π
joey_big_nose replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Well the money Venky's advance us does appear on the balance sheet as debt... Β£147.8M and counting. Obviously there is no way we can pay it back. But it is there in black and white (and highlighted in my yellow). https://swissramble.substack.com/p/blackburn-rovers-finances-202324 -
2025 Summer Transfer Thread. π
RevidgeBlue replied to Upside Down's topic in Blackburn Rovers Fans Messageboard
Technically, (as with Jack) aren't the amounts that have been run up long term loans to the owners with no realistic expectation they'll ever be repaid? Unless of course we got promoted and stayed there for a number of years. Edit: Wilesden beat me to it.