Miller11 Posted 5 hours ago Posted 5 hours ago 20 hours ago, Nipper1875 said: Which the club has wanted for age after the racism inquest what went on I’ve not heard of this, can you explain what happened? Cheers Quote
This thread is brought to you by theterracestore.com Enter code `BRFCS` at checkout for an exclusive discount!
RevidgeBlue Posted 4 hours ago Posted 4 hours ago 3 hours ago, Tomphil2 said: Somewhere i have saved an article from the takeover time from an Indian business website who published an article on it and it stated they were using a bank loan for the purchase. I can't remember which bank it said it was but i know it wasn't the usual State Bank of India. It's always been my view that however it was purchased they got that money back pretty quickly through player sales. For balance though that article quotes only one bit of the company - Venkys India Ltd - which itself comes under the main head company of VH Group. Allegedly back in their father's time the Governor of Pune carved up all the land in and around Pune to their father and another couple of local business men. As such they own much of the land and buildings in and around Pune which is where their real wealth comes from. The opinions I've heard are that as such when someone looks at their Companies and says they're worth £2 billion or £4 billion or whatever, far from overstating their wealth it's vastly understating it. I've never seen anything official to confirm or refute this, would be interesting to hear from those with local knowledge as to whether they think this is true or an old wives tale. Quote
Tomphil2 Posted 4 hours ago Posted 4 hours ago Think its been well documented the VH group is worth at least a billion although that might be in Indian money terms. Whether the land and all the assets they own is covered by that or separate who knows ? A handy way to make useless swathes of rough land pay though would be secure borrowings against it to run a foreign entity and cream a bit off for yourselves year on year. That theory has been presented on here in the past and it might hold a bit of water when considering they won't sell because they cannot afford to without losing land. 1 Quote
SIMON GARNERS 194 Posted 2 hours ago Posted 2 hours ago Just read the great sage Tim Sherwood's comment's in the LT about our Club's current situation. Thank's for bestowing us all with your word's of wisdom but you haven't a fookin clue mate,embarrassing. 2 Quote
SuperBrfc Posted 1 hour ago Posted 1 hour ago 54 minutes ago, SIMON GARNERS 194 said: Just read the great sage Tim Sherwood's comment's in the LT about our Club's current situation. Thank's for bestowing us all with your word's of wisdom but you haven't a fookin clue mate,embarrassing. The "overachieving" against clubs with more "financial muscle" from him looks like the usual spiel. It doesn't help, as many will run with it. However, I think he has put his real feelings across here in a subtle way here: "In order to be successful, you need to keep hold of these (Szmodics) type of players" "I pray they get back to some stability and get a benefactor who wants to spend some money and give them a chance to get back to the promised lands in the Premier League". I think he knows these bastards don't want to spend. They don't give us a chance to go up, but he can't be as blunt as that. Quote
StHelensRover Posted 1 hour ago Posted 1 hour ago (edited) Someone else said something on here recently that made me sad when I thought about it - None of our legends or cult heroes from the last 3 decades have done anything to speak up about the plight of the club and it is disappointing. Our fans were absolutely savaged by the media during the Kean era and we've become an afterthought and a backwater since we dropped out the prem, no one cares about what has happened. I think the closest thing to any sort of dissent maybe occasionally comes from Chris Sutton, but we're only his 4th or 5th favourite team after Forest, Norwich and Celtic so he's not that bothered. Edited 1 hour ago by StHelensRover 2 Quote
SIMON GARNERS 194 Posted 1 hour ago Posted 1 hour ago Its a bloody poor do StHelensRover imo...they are quick to turn up at Ewood to be honoured though! 🤔 2 Quote
Tomphil2 Posted 30 minutes ago Posted 30 minutes ago To be fair Shearer and Sutton have spoken up regularly and had quite strong pops at Venkys in the past. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.