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I wouldnt waste your time, he won't be coming here.

Leader? Hyam?

That 600 or 700k isn't subject to FFP though is it? They could make the women's team very successful if they wanted to. Just like they could titivate the ground and infrastructure free of budgetary constraints but choose not to. They just dont want to put in anything like the same amount of money they used to which indicates to me things are slowly coming to a conclusion.

Correct...i remember last season a bit of momentum was gathering until the 'express yourself' business... Then it just fizzled out Something should be happening again...the tennis ball thing didn't work last time but if everyone who stayed away saturday takes one it would

Who are the shareholders then? Thanks in advance.

Personally I don't have a problem with the club being owned by cold, hard business people. It is competence and good decision making that are primarily important, to me anyway ; I agreed with the decision to effectively withdraw from women's football because the increase in costs arising from the new rules were estimated to be in the region of £600k to £700k pa and I would rather see that money spent on improving the first team results.

The VH group has hardly any investment from financial institutions.

Just thinking aloud here, but who are the major shareholders in the VH Corporation - are they Financial Institutions/Banks etc? Could publicity be legitimately be put out to the effect that Venky's are spaffing the family silver away on a middling English Football Club 4600 miles away to try and persuade them in turn to put pressure on the Rao's to sell?

Cleary starting tonight away to Cardiff on sky - good big pitch see more of what he’s about

I agree with you.

Allegedly Arsenal are going to wait until the summer for Tyjon now, to get him cheaper.

I disagree with this Masher I think the Vs are cold, hard business people who will not do a thing which doesn’t benefit them. There are several ‘add backs’ in P&S rules. They are basically things which sit outside the P&S calc. They are - charity contributions, women’s football, academy’s and investment infrastructure (although depreciation can be used on this) I believe the Venkys only fund the academy because it is the only “add back” which can substantially reduce their yearly contributions, through player sales, which sit in the “book” as 100% profit. They show no willing to spend on women’s football (it’s not too expensive) and community outreach / infrastructure is non existent. The only add back they actually care about is the one which benefits them

Very poorly written article with little substance. As Masher says, the ref will call the game on or off. Not Pasha.

1 - hard to say. Venkys last wrote off around £20m a few seasons ago. That could have been for a variety of reasons but the consequence improved Rovers. It is likely that debt will go up but last year Venkys gifted 4.5m in share capital but we then took out less friendly debt in the form of 13m in bank overdrafts. Without seeing how Venkys plan to subside losses this year it’s difficult to answer this. Signs point to them being unwilling or unable to loan anymore though. This will become even worse on relegation, where directors loans are forbidden from offsetting P&S, which means we rely on direct goodwill or we cut more 2 - We would start seeing periodic conversions of loans (debt) to equity. This will reduce the clubs debt but show back in VLL / VHG as a loss. This is when their loss ‘becomes real’. 3 - They technically can keep it going forever. But they won’t. The parent group will have financial rules for ‘debt wipe off’ in order to show a more true picture. I don’t know what that period is for Venkys but at some point “group” has to accept a loss has happened. I also think the EFL requires them to write off after a period to show the model is not unsustainable. I don’t know those rules though but I bet they exist

That's what I want to know as well. For me there should have been plans for different types of protest for each of the next 2 home games lined up weeks ago. Can't just have one stab at a boycott and leave it for a month or two. It has to be constant.

Blackburn has the lowest disposable income in the UK, with locals saying the town has suffered a 'lost generation' As with many former ‘Red Wall’ towns, Labour has suffered at the hands of voters in Blackburn recently Big read by Steve Robson https://trib.al/ra6aGvc Not sure where to put this, but it's part of the picture for the club's finances.

But are unable to see that almost everybody they ever put in to run the club has been incompetent. After the Shebby Singh era they should have employed the best person to run the club, give them a set budget and let them get on with it without interference. The problem is they knew nothing of the football landscape, wouldn’t have any clue how to interview for that role and their only ‘trusted’ people had already put Kean in charge and lost them millions. In Pasha, they feel they have a safe pair of hands who won’t screw them over as they had done to them in the past. And as he cuts costs they are happy. And again, they have no understanding of football so are unaware how the club is currently heading backwards in terms of infrastructure, player quality and reputation. Thats my view on it anyway.

Ah, thanks. That actually rings a bell with a post Herbie made a while ago. So to summarise, there's no benefit whatsoever to them holding on but they're trying to delay the fateful day for as long as possible whereby they have to admit (for accounting purposes) they've dumped nearly a quarter of a billion pounds on Balackburn Rovers as it would affect the value of the group as a whole? The problem with that is whilst they might try and conceal it or pretend it isnt happening, surely in reality the debt is only increasing and if they're trying to conceal it or put it off, surely finances do matter a great deal and the debt isn't irrelevant to them at all?

Soooo, this being the boycott thread and all.... Is there a plan for phase 2? I've had a quick look through here and the protest ideas and none the wiser?

An interesting read but surely matches are called off by referees, albeit they may consult the two managers.

Thank you for the complement. To answer your questions : 1. I don't know; if I had to guess I would say they do not like to accept defeat. I don't think there is any evidence that there is anything untoward at the club to hide. 2. The most likely circumstances for a sale are likely to be some kind of pressure from within India. My guess is that the price they would be looking for if they are not forced sellers is way in excess of what purchasers would be looking to pay. 3. After 15 years of ownership the only area of the club that is not markedly worse than before is The Academy. Therefore you would have to conclude that their continued ownership is a hindrance. I believe they are in full control of the club and don't believe that they are puppets of any outside agencies. I believe they do want the club to succeed but lack the skills to achieve that ; I don't think there is any evidence that they have deliberately engineered relegations.

You could say they are putting active measures in place, but failing badly because the hierarchy have zero acumen or care for the job at hand, and they view the club as one of their “£20 down the back of the sofa” portfolio business, thus not bothered! I do know though, that anyone with a sense of financial responsibility, interest and care for an asset of community interest and value beyond money, and with a sense of pride in their actions and the impact they have on others would’ve never put Blackburn Rovers in this situation.

Basically means you don't owe us that anymore but we've added to the value of the club so we'd want more for it. Not that they'd get it obviously but it's just a way of writing debt off.

Sorry Tom still none the wiser -needs to be basic for me 🙂

very interesting read this.