Baz Posted May 18, 2016 Share Posted May 18, 2016 So we wouldn't know about this alleged 30 mill until the accounts come out seeing as it might not be logged on VLL with companies house ? Sorry but it sounds like more propaganda. I'll never believe anything with this lot unless I see evidence. Phillips not one for propaganda. Link to comment Share on other sites More sharing options...
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A cup of beans Posted May 18, 2016 Share Posted May 18, 2016 You're quite obsessed and that can't be good for you. Just ask him out. He can only say no and if he does maybe you can move on. Good luck. Is the spoon for stirring? You do the same with Abbey. Chaddy can look after himself. Back to the fball. Link to comment Share on other sites More sharing options...
deryck guyler's spoon Posted May 18, 2016 Share Posted May 18, 2016 why dont you just stfu and stop being a dick.. You first Link to comment Share on other sites More sharing options...
Norbert Rassragr Posted May 18, 2016 Share Posted May 18, 2016 Sounds mad to say, but would administration be that bad if it was quick? We're up the Gary Glitter on and off the pitch, and relegation is pretty much nailed on as things stand, so would Seneca be able to force through a purchase and come to some agreement over what's owed to the Bank of India? We have to get rid of Venky's even at this cost. Link to comment Share on other sites More sharing options...
A cup of beans Posted May 18, 2016 Share Posted May 18, 2016 Phillips not one for propaganda. He's always impressed me with his legal and financial knowledge. Offers a great deal to this message board. Link to comment Share on other sites More sharing options...
BlueMonday Posted May 18, 2016 Share Posted May 18, 2016 Sounds mad to say, but would administration be that bad if it was quick? We're up the Gary Glitter on and off the pitch, and relegation is pretty much nailed on as things stand, so would Seneca be able to force through a purchase and come to some agreement over what's owed to the Bank of India? We have to get rid of Venky's even at this cost. It becomes less and less scary with everyday that passes under these morons. Link to comment Share on other sites More sharing options...
tomphil Posted May 18, 2016 Share Posted May 18, 2016 No problem- don't believe it. Doesn't make any difference to the coming season. Not a dig a you. I think you said you'd 'heard' so I took that as might have might not have. Why the change in the way it's funded all of a sudden one wonders. Link to comment Share on other sites More sharing options...
deryck guyler's spoon Posted May 18, 2016 Share Posted May 18, 2016 He's always impressed me with his legal and financial knowledge. Offers a great deal to this message board. You'd have to forget Diego Maradonna for manager and Phil pushing the boat out for Ali Syed to make that assertion. Clearly he's highly qualified but, for me he's another who lets his agenda cloud his judgement. Kammy, unleaded, adsfortheblues and others I apologise for missing are more reliable, impartial sources of information by my estimation. Link to comment Share on other sites More sharing options...
tomphil Posted May 18, 2016 Share Posted May 18, 2016 Phillips not one for propaganda. Not doubting him just doubting the usual suspects in India. Link to comment Share on other sites More sharing options...
PAFELL Posted May 18, 2016 Share Posted May 18, 2016 You're quite obsessed and that can't be good for you. Just ask him out. He can only say no and if he does maybe you can move on. Good luck. LOL No idea what it has to do with the subject of this thread. But - it's the nature of this site these days. Link to comment Share on other sites More sharing options...
A cup of beans Posted May 18, 2016 Share Posted May 18, 2016 You'd have to forget Diego Maradonna for manager and Phil pushing the boat out for Ali Syed to make that assertion. Clearly he's highly qualified but, for me he's another who lets his agenda cloud his judgement. Kammy, unleaded, adsfortheblues and others I apologise for missing are more reliable, impartial sources of information by my estimation. 1500 Rovers fans at St Andrews were chanting for 'Al Syed' (me included). Fans get swept up. As for Maradona, he couldn't have done much worse than Kean, Berg, Apple etc. Link to comment Share on other sites More sharing options...
mhead Posted May 19, 2016 Share Posted May 19, 2016 All this fits the joke: " How to become a Millionaire?" Answer: "Inherit a Billion and be totally incompetent" Link to comment Share on other sites More sharing options...
CAPT KAYOS Posted May 19, 2016 Share Posted May 19, 2016 So, they are at the very least keeping us afloat? Why the hell won't they just make sensible decisions that might ultimately give them a nice return on their investment? Such a weird bunch and odd situation. - only from the poison they poured into the boat - its their own concoction that has created the fiasco and upto them to rebalance it. - The million dollar question that everybody keeps asking of what/ why they want the club/purchased us in the first place - Absolutely LOONS OUT!! Link to comment Share on other sites More sharing options...
BlueMonday Posted May 19, 2016 Share Posted May 19, 2016 - only from the poison they poured into the boat - its their own concoction that has created the fiasco and upto them to rebalance it. - The million dollar question that everybody keeps asking of what/ why they want the club/purchased us in the first place - Absolutely LOONS OUT!! Absolutely. I for one, refuse to be grateful to Venkys for 'paying the bills'. We are all paying for Venkys failed experiment and they are continuing to own us through spite and resentment. Link to comment Share on other sites More sharing options...
Daniel Louis Grabko (Dan) Posted May 19, 2016 Share Posted May 19, 2016 The last recorded was £1 million ish. I thought they couldn't invest that much anyway under FFP ? It is strange considering the sales income as well if it's correct, almost like it's the same money going around in circles ..... It is not investing if it is debt financing...also would love to know of the source of the £30m figure, Philipl? I know Cheston is quoted as saying that the owners have injected more funds recently, but that is presumably to cover this past season's losses, which we are not party to yet. Depending on the terms of the transfer fee with Boro, actual cash flow will be different from the booked revenue from the transfer, so even if it says losses have been dwindled we need to look at the cashflow statement. Link to comment Share on other sites More sharing options...
yoda Posted May 19, 2016 Share Posted May 19, 2016 It is not investing if it is debt financing...also would love to know of the source of the £30m figure, Philipl? I know Cheston is quoted as saying that the owners have injected more funds recently, but that is presumably to cover this past season's losses, which we are not party to yet. Depending on the terms of the transfer fee with Boro, actual cash flow will be different from the booked revenue from the transfer, so even if it says losses have been dwindled we need to look at the cashflow statement. There is only one thing the owners are injecting, Link to comment Share on other sites More sharing options...
MCMC1875 Posted May 19, 2016 Share Posted May 19, 2016 They are throwing good money after bad. Remind me again, how are these fools millionaires? Daddy's money. Silver spoons. Link to comment Share on other sites More sharing options...
Exiled in Toronto Posted May 19, 2016 Share Posted May 19, 2016 This extra 30 million could possibly be part of a deal: Venkys have to cover all outstanding losses and liabilities before Seneca take on responsibility for any incurred in the future. Spent some time on the Seneca website and their proposed investment in Rovers is more off strategy for them than I imagined, they say they look for investments in the range of 1-20 million and their track record is mostly in US automotive component manufacturers. Hard-nosed businesses. With or without the extra Venky cash, to not only get a return but to not lose the entire 60 million proposed funding, they would need promotion in three years. FFP prevents spending a lot more money so I would expect them to direct every pound of the existing money they can toward the goal of winning promotion. So anything that doesn't directly contribute to that goal in the three year timeframe is risking their investment and would be worthless anyway (apart from land) if we didn't go up. Link to comment Share on other sites More sharing options...
Galz Posted May 19, 2016 Share Posted May 19, 2016 This extra 30 million could possibly be part of a deal: Venkys have to cover all outstanding losses and liabilities before Seneca take on responsibility for any incurred in the future. Spent some time on the Seneca website and their proposed investment in Rovers is more off strategy for them than I imagined, they say they look for investments in the range of 1-20 million and their track record is mostly in US automotive component manufacturers. Hard-nosed businesses. With or without the extra Venky cash, to not only get a return but to not lose the entire 60 million proposed funding, they would need promotion in three years. FFP prevents spending a lot more money so I would expect them to direct every pound of the existing money they can toward the goal of winning promotion. So anything that doesn't directly contribute to that goal in the three year timeframe is risking their investment and would be worthless anyway (apart from land) if we didn't go up. I hope this is the case. If the takeover goes ahead then i might get some seep at night again. It would be exciting times again. We can only hope but until then i am a very worried man. Link to comment Share on other sites More sharing options...
47er Posted May 19, 2016 Share Posted May 19, 2016 Does anyone expect Venkys to accept the offer? Link to comment Share on other sites More sharing options...
ABBEY Posted May 19, 2016 Share Posted May 19, 2016 THEY DONT EVEN REMEMBER WHAT BLACKBURN ROVERS IS. Link to comment Share on other sites More sharing options...
A cup of beans Posted May 19, 2016 Share Posted May 19, 2016 I hope this is the case. If the takeover goes ahead then i might get some seep at night again. It would be exciting times again. We can only hope but until then i am a very worried man. I know where you're coming from. Venkys related stress will have took years of my life. The day they leave, the celebrations will be on a par with 'Kean gone night' (What a night that was!) Link to comment Share on other sites More sharing options...
ABBEY Posted May 19, 2016 Share Posted May 19, 2016 I know where you're coming from. Venkys related stress will have took years of my life. The day they leave, the celebrations will be on a par with 'Kean gone night' (What a night that was!) I have a champers in the garage awaiting VG Day Link to comment Share on other sites More sharing options...
A cup of beans Posted May 19, 2016 Share Posted May 19, 2016 I have a champers in the garage awaiting VG Day I'd love a short notice messageboard drink up! We could be even Skype it to those unable to attend. Link to comment Share on other sites More sharing options...
gumboots Posted May 19, 2016 Share Posted May 19, 2016 I might even attend myself. Link to comment Share on other sites More sharing options...
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