[Archived] Question for Philipl/Grabko

[yoda]

Certainly is a scary number but if any potential purchaser is intent on developing a mid to top Premier League side money could possibly be recouped in two to three years if its achieved.

Wishful thinking but maybe if someone was to invest a couple of million in top notch private investigators things could possibly come into their possession which could make negotiating the purchase price to a more reasonable amount, a gamble if nothings found of course.

or get hold of the items left out of the dossier

[bazza]

I don't think it would be as much as Real Madrid paid Spurs for Gareth Bale.

Footballers these days are worth far more than most football clubs.

Just imagine in the 1950s Tom Finney being worth more than PNE and Rovers put together.

The world (of professional football) has gone mad!

[DavidMailsTightPerm]

Around 100million uk pounds is what I think it would take to get venkys to sell, that should probably cover what they payed+The debt they took on+What they have spent/lost+A little profit to satisfy there egos(so then they can at least say it was a success from a business pov.)

So basically we're stuck with them for the foreseeable future.

Strangely - I think they may sell for far less - but would want the figure released to the public to be high. Philip would know better than me - but with our debts effectively in India - the true cost of the deal could be hidden. This could end up a win - win, Venky's don't lose face and the new owner is seen as a hero by Rover's fans.

As has been mentioned by others - I do worry about the impact on the team - at a time of relative stability when there is at last some hope (at least on the football field). Whoever this mystery person is would need to do it quickly and quietly. Also - before we get too excited - the FFP rules will still apply no matter who our owner is.

[TBTF]

Strangely - I think they may sell for far less - but would want the figure released to the public to be high. Philip would know better than me - but with our debts effectively in India - the true cost of the deal could be hidden. This could end up a win - win, Venky's don't lose face and the new owner is seen as a hero by Rover's fans.

As has been mentioned by others - I do worry about the impact on the team - at a time of relative stability when there is at last some hope (at least on the football field). Whoever this mystery person is would need to do it quickly and quietly. Also - before we get too excited - the FFP rules will still apply no matter who our owner is.

Hang on, just started reading the thread from the start and in a few short minutes ......we have the richest man in the uK asking his mate to find out how much it would cost to buy Rovers.A random £100million figure is thrown up and we are expecting him to or at least encouraging him to do it quickly.

Probably be done this week then!!!

Anybody paying £100million for this pile of puss from Venkys wouldnt have the brains they were born with never mind be the UKs richest man.

Thank god normal service resumes this week or we;d be being taken over by martians before the weeks out and thats out the frying pan and into the fire with these morons.

[Paul]

Pop over to ICBINF and you'll find worse......the Martians aren't coming, we are going to them!

[Blackburn Ender]

He has bid before for another club. Then went off the idea now back on it.

I am Rovers fan- born/bred in Accrington.

I haven't listened to the podcast yet but will.

It's a lovely thread to while away a Monday morning dreaming of what might be.

However, back to reality and if you are serious, Dan Grabko's email is dan.grabko@roverstrust.co.uk. He'll give you all the info you need at this stage.

It was the Accrington line that won it for me......

[thenodrog]

Red Bull Salzburg are an interesting team. They win the league in Austria, but get knocked out of the CL by teams from Luxembourg and change manager every season.

If they had been relegated it's not dissimilar similar to our experiences.

[thenodrog]

TJ is probably closest. £100m to buy out Venkys , clear the debt and start to build a squad.

100m!! Not a chance in hell. Kingstonian gives the impression that this guy is a financial genius but to contemplate paying that sort of money for any club outside of the Prem he'd have to be a financial imbecile!

Listen if I take over a business, run it like an incompetent, massively slash turnover and profit and make heavy losses with no chance of repairing the damage but rather to continue haemorraging money at an alarming rate I'd have to take a massive hit and offload if anybody was even half interested.

[PAFELL]

Didn't it come out recently that one poster here joined to make some positive posts about one or both of the Ians at the request of them?

So it's not completely unknown for people to use message boards in this way.

Possible, but highly unlikely in this situation.

After all the question could have been asked via PM

Ok- responses not as bad as I expected. Firstly I wasn't asked to post on an open internet forum. I did that as I know Philip and Grabko have scrutinized Rovers/Venkys' accounts and it was a way getting some info.

The situation is that Mr X put in a serious bid for a premiership club a few years back and narrowly missed out. When I spoke to him back in April, he didn't regret it and thought he had dodged a bullet. However, now he is looking again/ being approached by various clubs. We are good mates and have spoken about Blackburn on numerous occasions. When we last spoke tbh I thought he was joking when he said he reckoned Venky's must be fed up by now. He then moaned about some of the teams he had been offered then put the ball in my court by saying that if I could find out how much they wanted and prove he wouldn't lose money hand over fist then he would buy it (obviously Venky's would have to be willing which to date they haven't been). I am not naive and realise it is a very long shot but I need to feed his interest and then he would invest time and more importantly money to pour over it properly. There is no question about him being able to afford it.

I realise this forum has heard it all before and people will be skeptical as I would be. I'm not bothered whether people on hear believe it or not- I'll do my own homework and get back to him. I think the odds of it happening are no better than 50-1 (I suspect the debt will be horrendous) but worth a shot.

Then he should get proffessionals to search and find out the information he wants.

If they conduct business this way, then it maybe a case of keeping hold of the devil we know.

[OJRovers]

Taking the question at face value...

The biggest obstacle will be to get Venkys in a room to discuss anything. They only seem to speak to people they know (usually the people giving them bad advice). I can't see them selling to anyone who hasn't been introduced to them through their dodgy agent 'friends'.

Assuming their Indian debt is c.£30m now, I think they'd accept that the club is worthless and loss making, so they might accept enough just to clear the debt.

To get round FPP you would need to put up some personal collateral on a bank facility which would be needed for cashflow c.£10m-£15m. You would probably also need to do something like sponsor the ground to get money in.

Maybe a £50m outlay, but if Rovers were to get promoted the minimum revenue would be £100m, so that's the gamble.

[K-Hod]

Venky's won't get anywhere near what they bought the club for/what they've put in back, unless they sell to someone stupid with loads of cash.

I personally reckon unless we get promoted under them, well, it just doesn't bear thinking about.....

[Paul]

100m!! Not a chance in hell. Kingstonian gives the impression that this guy is a financial genius but to contemplate paying that sort of money for any club outside of the Prem he'd have to be a financial imbecile!

Listen if I take over a business, run it like an incompetent, massively slash turnover and profit and make heavy losses with no chance of repairing the damage but rather to continue haemorraging money at an alarming rate I'd have to take a massive hit and offload if anybody was even half interested.

Yes I agree but this is Venkys not you and me. They will want, or at least believe they should, get their money back.

It must have cost them £70-80m by now and I was reckoning on another £20m for the squad.

[Bucksrover]

For the first time in a while I would not welcome a sale of the club right now. We have a good manager and a decent squad and have an outside chance of going up this year (with everyone pulling in the same direction and a big'ish slice of luck)

[RockinRover]

The answer to the question is simply something that Venky's couldn't possibly turn down.

Something that would allow them to take their own business to the next level and something that would completely wash away their stubbornness.

[broadsword]

Yes I agree but this is Venkys not you and me. They will want, or at least believe they should, get their money back.

It must have cost them £70-80m by now and I was reckoning on another £20m for the squad.

They would rather watch the whole club go down in flames, rather than take anything less than £100m?

[philipl]

How much in your opinion would it take to buy Blackburn Rovers? This is a serious question. Where shall I start? One of the richest men in the UK has just asked me to find out how much it would take to buy BRFC. In recent weeks he has been offered several clubs eg Plymouth Argyll but he has no affinity towards them. However, having grown up in the North West he is intrigued by Blackburn. I realise starting such a thread will open me up to huge abuse on here (accusations of being a WUM) but even if you have the slightest interest perhaps we could take this offline.

Sorry, I have only just seen this thread.

The issue is having a willing seller. There is absolutely no indication of willingness to sell on the part of the four owners of Venky's London Limited. Even when offered £60m cash in November 2011, they could not achieve unanimity to sell.

I strongly suspect that the mere fact the question has been posted on this messageboard would disqualify the potential buyer in the mind of the Raos even if they were to contemplate selling.

Don't ask me why they won't sell. I posed the question why on the podcast 69 and as Fernhurst Rover put it, the lack of communication and lack of any rational explanation is one of the reasons why conspiracy theories gain credence.

[Bennisfromheaven]

Philipl,

I think it was you who mentioned that the Saudi royal family bid would come out, sooner rather than later. I assume this is the 2011 bid you mentioned. So, has there been any further details that maybe I have missed??

[philipl]

Qatar.

It was reported at the time by both Alan Nixon and Andy Cryer.

UEFA have had a word with the Qataris telling them they can only back one club in the Champions League so PSG are getting all the largesse and Malaga have had to suffer.

So Qatar might not have been quite the sugar daddy getting us back into the Champions League but we for sure would not have gone down and been the laughing stock of football.