WATR (The Rovers Trust)

[RoversClitheroe]

Massive opportunity here to target Pasha and co.

[RoversClitheroe]

Will there be a call to sack Pasha, Gestede and Valerian given results and transfer window?

[miqaayil]

59 minutes ago, RoversClitheroe said:

Will there be a call to sack Pasha, Gestede and Valerian given results and transfer window?

Pasha is unsackable ... if you guys still thinking Vs own us...nobody can help ... Even if Vs wanna walk (they can't till SBI ready to write off debt) , Pasha and Co(KENTARO) will find another disinterested party with credit score to keep going ...

[Herbie6590]

2 hours ago, miqaayil said:

Pasha is unsackable ... if you guys still thinking Vs own us...nobody can help ... Even if Vs wanna walk (they can't till SBI ready to write off debt) , Pasha and Co(KENTARO) will find another disinterested party with credit score to keep going ...

Please could you explain, in plain English, how & why the SBI would have to write off debt if Venky’s decide to sell the club. I am struggling to grasp your logic. 

[Leonard Venkhater]

14 minutes ago, Herbie6590 said:

Please could you explain, in plain English, how & why the SBI would have to write off debt if Venky’s decide to sell the club. I am struggling to grasp your logic. 

I think he is alluding to the idea that Venky's are not ( never were)the real owners, but Kentaro, now under another name(s). The SBI stuff I don't get...

[Upside Down]

20 minutes ago, Herbie6590 said:

Please could you explain, in plain English, how & why the SBI would have to write off debt if Venky’s decide to sell the club. I am struggling to grasp your logic. 

It's in relation to an article posted on here a couple of weeks ago about how the Indian banks would loan large sums of money to wealthy individuals or companies for whatever reason and then when things came to a head they would just write off the debt. 

I'll have a look at seeing if I can find it again as it was an interesting read. Pure corruption obviously, but you'd have to have the naivety of a toddler to not think that's the sort of world venkys operate in. 

As for them being just the face of ownership, the last 15 years has had enough mental shit happening to suggest this is at least a possibility. 

[Leonard Venkhater]

3 minutes ago, Upside Down said:

It's in relation to an article posted on here a couple of weeks ago about how the Indian banks would loan large sums of money to wealthy individuals or companies for whatever reason and then when things came to a head they would just write off the debt. 

I'll have a look at seeing if I can find it again as it was an interesting read. Pure corruption obviously, but you'd have to have the naivety of a toddler to not think that's the sort of world venkys operate in. 

As for them being just the face of ownership, the last 15 years has had enough mental shit happening to suggest this is at least a possibility. 

If the fanbase doesn't rise up now, we never will and -for what it is worth- I have come to believe we never will.

Edited 19 minutes ago by Leonard Venkhater

[Upside Down]

https://www.business-standard.com/finance/news/indian-banks-write-off-rs-1-7-trillion-in-loans-in-fy24-shows-govt-data-124112601126_1.html

@Herbie6590

I think this is it.

[Herbie6590]

23 minutes ago, Leonard Venkhater said:

I think he is alluding to the idea that Venky's are not ( never were)the real owners, but Kentaro, now under another name(s). The SBI stuff I don't get...

I get the allusion…but struggle with it; the SBI stuff I simply can’t get my head around 🤷‍♂️

[Aqualung]

13 minutes ago, Leonard Venkhater said:

If the fanbase doesn't rise up now, we never will and -for what it is worth- I have come to believe we never will.

That's my take on things also. The total apathy amongst a lot of our supporters is alarming. Almost embarrassing. 

[Leonard Venkhater]

2 minutes ago, Herbie6590 said:

I get the allusion…but struggle with it; the SBI stuff I simply can’t get my head around 🤷‍♂️

Glad it's not just me..

Ramipril Rovers, we are here btw..

[Herbie6590]

12 minutes ago, Upside Down said:

https://www.business-standard.com/finance/news/indian-banks-write-off-rs-1-7-trillion-in-loans-in-fy24-shows-govt-data-124112601126_1.html

@Herbie6590

I think this is it.

The club’s parent is VLL, a UK registered entity. It has a (very modest) unsecured overdraft from SBI. If V’s decide to sell the club without paying off that overdraft, SBI would simply squeeze the credit lines elsewhere in the group until they got paid. They wouldn’t just shrug their shoulders and go “never mind…”

To suggest otherwise I find to be completely incredible…