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Venkys London Ltd accounts


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They explain it really well on there it's a great account.

Comments in regards to it are a bit hard to take at times though. We are reliant on the ownership yet at the same time they have dragged us into this position. It might not be great under another set of owners but i't would have to go some to be worse than what it is.

Only consolation is many in the Championship are in the same boat to varying degrees. We are just ahead of the pack, in a way we don't want to be.

One, just one season back in the Prem would've made things a little more acceptable as it shows on a few other clubs accounts. Yet these lot just throw good money after bad on managers from the same agency who are only capable of wasting half their money.

With what we have here and the amount the ownership is willing to write off annually it is very galling to be out performed continually by those with far less.

That sits at the door of those they employ as much as it sits with themselves.

Edited by tomphil
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6 hours ago, Herbie6590 said:

The definitive breakdown of Rovers financial position from Swiss Ramble. It doesn’t make pretty reading

 

https://threadreaderapp.com/thread/1417004830372122629.html

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Shows how bad our Commercial Dep is when we're behind Barnsley and Luton in terms of revenue.

Although if Venky's are also pumping in £15 -£20m annually to cover losses does that not mean we are around 3rd or 4th in the table in terms of operating budget?

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42 minutes ago, RevidgeBlue said:

Shows how bad our Commercial Dep is when we're behind Barnsley and Luton in terms of revenue.

Although if Venky's are also pumping in £15 -£20m annually to cover losses does that not mean we are around 3rd or 4th in the table in terms of operating budget?

I think we were ahead of both those clubs on the commercial income front. Match day revenue is below them but we should remember that 2 of the games we missed crowds were home to Leeds and West Brom which would probably have been the 2 highest gates of the season.

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