philipl Posted November 24, 2011 Share Posted November 24, 2011 Details from India here. I know we have a number of threads running about the Venky's but this is one of the big stinks rumbling behind the scenes we have been talking about finally breaking. This move is the tip of the iceberg from what I understand. In the short term this is nothing but bad news for Rovers. The member of the Rao family who most desperately wants to sell us is bound to be weakened in the open family war with Balaji. The Premier League will be having kittens about this and who knows what files they might be re-opening tomorrow morning. Link to comment Share on other sites More sharing options...
This thread is brought to you by theterracestore.com Enter code `BRFCS` at checkout for an exclusive discount!
Stuart Posted November 24, 2011 Share Posted November 24, 2011 Just when you think things can't get any worse... Echoes of Shinawatra? I wonder if we might find out what would have happened to City, had they turned down Sheik Mansoor (sp?). Link to comment Share on other sites More sharing options...
dring1 Posted November 24, 2011 Share Posted November 24, 2011 Could the premier league force VENKYS to sell philip Link to comment Share on other sites More sharing options...
Mc Love Posted November 24, 2011 Share Posted November 24, 2011 Lets bring back the QIA Link to comment Share on other sites More sharing options...
47er Posted November 24, 2011 Share Posted November 24, 2011 Lets bring back the QIA or the Inquisition! Link to comment Share on other sites More sharing options...
philipl Posted November 24, 2011 Author Share Posted November 24, 2011 Bernie Ecclestone and Flavio Briartore are no longer at QPR, shall we put it that way? Could be a long process. But its headless chickens in Pune and that cannot be good news for Rovers with that idiot still manager and a hands deep in the pockets (please) transfer window rapidly approaching. Link to comment Share on other sites More sharing options...
Roost Posted November 24, 2011 Share Posted November 24, 2011 Philip, this is anything but good news, but how would it make the PL check and double check the Venkys activity relating to Rovers? Link to comment Share on other sites More sharing options...
philipl Posted November 24, 2011 Author Share Posted November 24, 2011 Trueblue posted this link giving more details. I was aware that this was bubbling but heard mid-month that all charges against the non-executive directors were being dropped. The move today could be chess playing but I suspect this time Mrs D has really serious problems. Remember Venky's also own 5% of Lavasa so there is a direct financial interest and potential gain from whatever has been going on. As I understand it, the pollution, threat to drinking water and massive despoilation of an area of outstanding natural beauty are absolute slam dunks. You only need to go there and look at it to see that Pune's supply of potable water would be ruined by this development. I have friends from the area who cracked a bottle of bubbly tonight to celebrate the move by the authorities, they were so upset at what was happening to such a beautiful place. However, none of this helps Rovers in the short term. Link to comment Share on other sites More sharing options...
martypellowe Posted November 24, 2011 Share Posted November 24, 2011 Philip, this is anything but good news, but how would it make the PL check and double check the Venkys activity relating to Rovers? At a guess, would the chairperson of a football club having a criminal record not be frowned upon under the PL's fit and proper checking process? Link to comment Share on other sites More sharing options...
philipl Posted November 24, 2011 Author Share Posted November 24, 2011 At a guess, would the chairperson of a football club having a criminal record not be frowned upon under the PL's fit and proper checking process? With a criminal record, she would be forced to divest immediately. But we are a long way from her being convicted. There are likely to be many more charges (not necessarily for Mrs D) before this saga finishes from what I know of this situation. The CEO not being charged makes you wonder if he is co-operating with the authorities in which case the politicians and investors could be in for an extremely rough time. Link to comment Share on other sites More sharing options...
Roverall Posted November 24, 2011 Share Posted November 24, 2011 What goes around comes around. I, for one, hope she is convicted. Relegation and getting rid is better than the continuation of this foul charade. Link to comment Share on other sites More sharing options...
Seggie Posted November 24, 2011 Share Posted November 24, 2011 Another reason to demand transparency from these people. Link to comment Share on other sites More sharing options...
Roost Posted November 24, 2011 Share Posted November 24, 2011 At a guess, would the chairperson of a football club having a criminal record not be frowned upon under the PL's fit and proper checking process? Does that mean that the fit and proper process stays 'live', and isn't just in place at the point of purchase? If that's the case then we can wave goodbye to any January transfer budget until this is resolved. Sheesh.... Link to comment Share on other sites More sharing options...
Tony Diamond Inc Posted November 24, 2011 Share Posted November 24, 2011 Non-story. zzzzzzzzzzzzzzzzzzzzzzz Link to comment Share on other sites More sharing options...
Kendalrover Posted November 24, 2011 Share Posted November 24, 2011 I understand she is receiving advice from a very close friend who has had recent experience of the criminal justice system in the country that India bases its justice system on. Link to comment Share on other sites More sharing options...
j166429 Posted November 24, 2011 Share Posted November 24, 2011 This is old(ish) news (4th November). I'm sure somebody on this board already posted a link to this: http://www.thehindubusinessline.com/industry-and-economy/economy/article2598461.ece Link to comment Share on other sites More sharing options...
martypellowe Posted November 24, 2011 Share Posted November 24, 2011 Does that mean that the fit and proper process stays 'live', and isn't just in place at the point of purchase? If that's the case then we can wave goodbye to any January transfer budget until this is resolved. Sheesh.... I honestly don't know, but if you were the PL would you be happy having one of your club's owners being criminally charged for something? Link to comment Share on other sites More sharing options...
Roost Posted November 24, 2011 Share Posted November 24, 2011 Non-story. zzzzzzzzzzzzzzzzzzzzzzz Why do you say that TDI? Link to comment Share on other sites More sharing options...
47er Posted November 24, 2011 Share Posted November 24, 2011 Non-story. zzzzzzzzzzzzzzzzzzzzzzz You hope (for some reason?). Link to comment Share on other sites More sharing options...
Tony Diamond Inc Posted November 24, 2011 Share Posted November 24, 2011 You hope (for some reason?). Let me tell you where I am... Venkys out! Link to comment Share on other sites More sharing options...
j166429 Posted November 24, 2011 Share Posted November 24, 2011 Why do you say that TDI? If Thaksin Shinawatra could own city then it will take a bit more than that to topple venky's me thinks Link to comment Share on other sites More sharing options...
Exiled_Rover Posted November 24, 2011 Share Posted November 24, 2011 We're a cautionary tale about the dangers of foreign ownership and you know the PL is loving it. They'll change the rules after we're out of the league. Link to comment Share on other sites More sharing options...
BiggusLaddus Posted November 24, 2011 Share Posted November 24, 2011 You hope (for some reason?). No, it just probably is. The company Mrs D owns (Venky's) has a small stake in a construction project that is alledged to have committed some environmental offences. She is named automatically along with the heads of all the other companies with stakes in the project because she is top of the food chain. All she has to do is show that she didn't know these offences were being committed. I don't see that being difficult whatever the truth is, do you? That is it. Link to comment Share on other sites More sharing options...
47er Posted November 24, 2011 Share Posted November 24, 2011 Let me tell you where I am... Venkys out! Rather better than your totally dismissive post earlier. Link to comment Share on other sites More sharing options...
Tony Diamond Inc Posted November 24, 2011 Share Posted November 24, 2011 Rather better than your totally dismissive post earlier. Dismissive, but true...unfortunately. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.