RoversClitheroe Posted September 26 Posted September 26 Massive opportunity here to target Pasha and co. 3 Quote
RoversClitheroe Posted Saturday at 18:45 Posted Saturday at 18:45 Will there be a call to sack Pasha, Gestede and Valerian given results and transfer window? 1 Quote
miqaayil Posted Saturday at 19:50 Posted Saturday at 19:50 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 ... 1 Quote
Herbie6590 Posted Saturday at 22:07 Posted Saturday at 22:07 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. Quote
Leonard Venkhater Posted Saturday at 22:24 Posted Saturday at 22:24 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... Quote
Upside Down Posted Saturday at 22:32 Posted Saturday at 22:32 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. 3 Quote
Leonard Venkhater Posted Saturday at 22:35 Posted Saturday at 22:35 (edited) 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 Saturday at 22:36 by Leonard Venkhater 2 Quote
Upside Down Posted Saturday at 22:40 Posted Saturday at 22:40 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. Quote
Herbie6590 Posted Saturday at 22:49 Posted Saturday at 22:49 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 🤷♂️ Quote
Aqualung Posted Saturday at 22:50 Posted Saturday at 22:50 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. 1 Quote
Leonard Venkhater Posted Saturday at 22:53 Posted Saturday at 22:53 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.. Quote
Herbie6590 Posted Saturday at 22:55 Posted Saturday at 22:55 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… Quote
lraC Posted Sunday at 05:55 Posted Sunday at 05:55 6 hours ago, Herbie6590 said: 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… They have no interest in selling the club. I’m pretty convinced it’s nothing to do with what’s owed, or what would be repaid, it’s about burying the truth. The whole thing stinks of corruption. 3 2 Quote
RoversClitheroe Posted Sunday at 10:25 Posted Sunday at 10:25 11 hours 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. Agreed. Don't think our fans care enough to give a huge effort to get rid. Feel like any pressure has gone? Not sure what's happened to WATR or the coalition, lots of ideas but seen nothing sadly Quote
roversfan99 Posted Sunday at 14:01 Posted Sunday at 14:01 Its not that people dont care. Its that it feels like nothing anyone does makes any difference sadly. Obviously the people in the coalition etc have also got work, families etc, it seems unrealistic for people otherwise not doing anything come on here and expect people to have made significant inroads in a way that seems impossible. 2 2 Quote
miqaayil Posted Sunday at 15:04 Posted Sunday at 15:04 15 hours ago, Herbie6590 said: I get the allusion…but struggle with it; the SBI stuff I simply can’t get my head around 🤷♂️ We were never purchased with Vs money , Collateral was allegedly put in SBI for SBI to issue an instrument e.g BG,SBLC or some form of FI, they launch that in a 3rd bank or an UK Branch of SBI and get a LTV(loan to value) or OD and use this to buy rovers and spend on rovers .... ROVERS are declared an overseas investment to SBI ...which is why the MOFI came after them when they allegedly used funds for parties and buying residential unit which the facilities was not intended for ... i'm not a financial forensics journalist but i'm in the sector to vaguely put 2 and 2 together ... which is why i can safely say ... the lynchpin is Suhail and puppeteers either Kentaro and Co... incase anyone ask what Vs have to gain ... Overseas money channel , inflated contract for patsies , a payment vehicle overseas for local favors ...PRISTIEGE of owning ENGLISH TEAM ... i can go on ... 1 Quote
Herbie6590 Posted Sunday at 15:33 Posted Sunday at 15:33 Thanks but I think it’s a lot simpler than you paint it. Companies borrow money to buy assets all the time. In the UK we call these mortgages… When a bank lends money it is the loan that is an asset in their books, not the thing purchased with the loan. I simply do not understand how you can claim that Rovers are an investment to anyone other than the shareholders of VLL. What you write about SBI above & how these loans are represented is I’m afraid fanciful… International accounting standards must apply. Quote
SIMON GARNERS 194 Posted Sunday at 16:44 Posted Sunday at 16:44 6 hours ago, RoversClitheroe said: Not sure what's happened to WATR or the coalition, lots of ideas but seen nothing sadly Again as stated by Glen,legal warning's have been issued by the Club? This is what we are up against. Quote
... Posted Monday at 06:42 Posted Monday at 06:42 Feels like fans pressure at games has dropped off. We were all in last season. I look at the Wednesday fans voices heard every game. Even had Leicester applauding them at one point we've even stopped chanting. I know Glen and Co are being careful now but what can we do now Quote
Popular Post Herbie6590 Posted Monday at 06:52 Popular Post Posted Monday at 06:52 The overwhelming emotion I experience these days is resignation to our fate. I can understand fully why so many folks have voted with their feet. It’s really hard to see any positives in a future owned by Venky’s. Loads of fans care but struggle to see how they can influence change. Those that tried are warned off by the club. Only a change of ownership can reignite this club now I fear. 10 1 Quote
... Posted Monday at 07:23 Posted Monday at 07:23 27 minutes ago, Herbie6590 said: The overwhelming emotion I experience these days is resignation to our fate. I can understand fully why so many folks have voted with their feet. It’s really hard to see any positives in a future owned by Venky’s. Loads of fans care but struggle to see how they can influence change. Those that tried are warned off by the club. Only a change of ownership can reignite this club now I fear. It's also very hard to make the new wave of fans see what's happening. You can't persuade everyone to agree, but I think most people that go now are satisfied with just going to watch the football regardless of the outcome. Personally I think we've missed our window to push for change en mass amd we are in the hands of the gods 1 1 Quote
arbitro Posted Monday at 07:52 Posted Monday at 07:52 44 minutes ago, Herbie6590 said: The overwhelming emotion I experience these days is resignation to our fate. I can understand fully why so many folks have voted with their feet. It’s really hard to see any positives in a future owned by Venky’s. Loads of fans care but struggle to see how they can influence change. Those that tried are warned off by the club. Only a change of ownership can reignite this club now I fear. Totally agree Ian. There seems to be almost a resigned acceptance from the vast majority that we are battling against the tide having tried pretty much everything to influence change. Aside from the occasional organic chant I don't believe anything else will happen which is no slight on anyone who has been involved in protests and the like. I'm not even sure the owners are or have been aware of the unrest last season and purely a personal view but I would think they are happy with the way the club is run. I think they are shielded from any news of unrest by their man on the ground. Personally I doubt whether they actually watch the games and more. It's a real feeling of helplessness but as the owners they can do what they want. It's a sad situation when I was envious of the reports last week that Sheffield Wednesday could be served with a winding up order. For their supporters that could be the light at the end of the tunnel. For us there just seems to be an everlasting purgatory. 3 Quote
chaddyrovers Posted Monday at 07:57 Posted Monday at 07:57 (edited) 35 minutes ago, ... said: It's also very hard to make the new wave of fans see what's happening. You can't persuade everyone to agree, but I think most people that go now are satisfied with just going to watch the football regardless of the outcome. Personally I think we've missed our window to push for change en mass amd we are in the hands of the gods That window went when in the PL. The media coverage massively dropped. As far as the football authorities are concerned Rovers are paying their wages and bills on time, etc meaning they won't do anything. So how can we affect them? Not going then all they do is more cut to the budget? We just have to hope one day that someone will convince them to sell us or someone offered them enough money to sell us. Edited Monday at 08:01 by chaddyrovers Quote
lraC Posted Monday at 08:20 Posted Monday at 08:20 20 minutes ago, chaddyrovers said: That window went when in the PL. The media coverage massively dropped. As far as the football authorities are concerned Rovers are paying their wages and bills on time, etc meaning they won't do anything. So how can we affect them? Not going then all they do is more cut to the budget? We just have to hope one day that someone will convince them to sell us or someone offered them enough money to sell us. They keep on stating that they are not up for selling and have gone on record to say to stop sending them requests from interested parties. All very strange of course, given that they have no interest and the money pit that this is and is the reason, I am convinced they are hiding something. Quote
chaddyrovers Posted Monday at 08:31 Posted Monday at 08:31 8 minutes ago, lraC said: I am convinced they are hiding something. Hiding what? What your thoughts to what you think they are hiding? Quote
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