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Posted
7 minutes ago, Tomphil2 said:

Wasn't Waggot the man who brought Eustace in ?

From various rumours and hints it seems he had a problem with the rest of them behind the scenes and not particularly Waggot who was clearly being sidelined at that point.

There has always seemed to be two factions wrestling behind the scenes at Ewood.

I think it was, I seem to recall some link to his playing days at Coventry coinciding with Waggott working for them but I may be wrong.

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Posted
4 minutes ago, JBiz said:

I think it was, I seem to recall some link to his playing days at Coventry coinciding with Waggott working for them but I may be wrong.

Completely different time periods. 

  • Fair point 1
Posted
34 minutes ago, Tomphil2 said:

Wasn't Waggot the man who brought Eustace in ?

From various rumours and hints it seems he had a problem with the rest of them behind the scenes and not particularly Waggot who was clearly being sidelined at that point.

There has always seemed to be two factions wrestling behind the scenes at Ewood.

Waggott, himself, said he brought Eustace in...

Re two factions, in the early days, I always wondered whether the two factions reflected  two different owners...

  • Like 2
Posted
40 minutes ago, KentExile said:

Yep, I am in two minds as to if that is a good or a bad thing

- it stops everyone pulling in the same direction, which kills any hope of us ever progressing

But

- I am terrified what direction that may be.  If it stops us being pulled further downwards, at a faster rate, then 2 warring factions may be a good thing

I think we are about to find out.

  • Fair point 1
Posted
5 minutes ago, KentExile said:

Shall we open a book?  I know where my money is going

No photo description available.

Which-ever way it goes, I will be in my house on matchdays.

  • Like 2
Posted (edited)
2 hours ago, Leonard Venkhater said:

Waggott, himself, said he brought Eustace in...

Re two factions, in the early days, I always wondered whether the two factions reflected  two different owners...

Nothing clearer mate!!

This was very much spelt out in the public domain before The purchase according to this 2010 article. Venkys and Kentaro were in partnership with the club being bought as a window to allow Kentaro to put players in the window!

We still could be Operating this model?

 

 

IMG_7291.jpeg

Edited by mark Hayhurst
  • Like 4
Posted

No one in the media shown any interest in this?  Usually they like a little guy done wrong story.  Would have thought the court of public opinion might out some real pressure on RG, particularly when it filtered to India, I have my doubts they know the details.

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Posted
28 minutes ago, USABlue said:

No one in the media shown any interest in this?  Usually they like a little guy done wrong story.  Would have thought the court of public opinion might out some real pressure on RG, particularly when it filtered to India, I have my doubts they know the details.

It’s not helpful when our own fans call fans who don’t want to go until venkys sell a “problem” and constantly call people who leave “snakes” not helpful at all

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Posted (edited)
1 hour ago, mark Hayhurst said:

Nothing clearer mate!!

This was very much spelt out in the public domain before The purchase according to this 2010 article. Venkys and Kentaro were in partnership with the club being bought as a window to allow Kentaro to put players in the window!

We still could be Operating this model?

 

 

IMG_7291.jpeg

They were never in partnership. Venky's granted Kentaro a contract to run the Club on their behalf in the early days although that formal arrangement was shelved fairly quickly after they got burnt is my understanding.

There's no doubt though that the general modus operandi has enabled agents to have a beano at the Club's expense over the years  and it seems to be getting worse again just recently.

Dennis/Baradji/Forshaw x2 /Gueye potentially out on loan. Only one party benefitting out of those transactions, the agents.

 

Edited by RevidgeBlue
Posted

@RevidgeBlue picking players you don’t like, one who hasn’t even played a minute yet, to suggest they’re only made to make someone money? 
 

That sort of viewpoint dilutes to what went on in those initial years. The stories of Etuhu, Murphy and Pudsey the bear; the millions tied up in those initial seasons, I’d say a huge portion of the 150m the club owes the owners in gift loans.

Posted

They pretty much were in partnership that was the whole idea as stated they'd have their name over the door and the advertising leverage whilst Kentaro/SEM would cover everything else.

Of course rules don't allow that kind of co ownership so a simple contract is drawn up instead to cover for it, so co owners no probably not but unofficial partners and maybe initial investors ?

Yes very possible.

As far as i know there was never any proof of that contract being terminated/paid off/expiring, just some rumours of an alleged court case and out of court settlement.

More smoke and mirrors probably but why after that alleged event was some 3rd party bringing in the managers/head coaches and other staff certainly up until Mowbray/Venus/Waggot and co ?

The links have remained very much alive imo just well buried now when stuff takes place as it does well away from the club itself who knows who is involved. 

Posted
1 hour ago, JBiz said:

@RevidgeBlue picking players you don’t like, one who hasn’t even played a minute yet, to suggest they’re only made to make someone money? 

Three of them aren't/weren't fit and there's not a cat in hell's chance the option is ever taken taken up on Baradji imo.

But yeah, sorry, you're right they've all been great.

Posted
5 hours ago, USABlue said:

No one in the media shown any interest in this? 

There was some reasonable coverage at the time but not that it led to anything. Interest waned and now no media is really interested in Rovers or the Venky angle.

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Posted
1 hour ago, Tomphil2 said:

They pretty much were in partnership that was the whole idea as stated they'd have their name over the door and the advertising leverage whilst Kentaro/SEM would cover everything else.

Of course rules don't allow that kind of co ownership so a simple contract is drawn up instead to cover for it, so co owners no probably not but unofficial partners and maybe initial investors ?

Yes very possible.

As far as i know there was never any proof of that contract being terminated/paid off/expiring, just some rumours of an alleged court case and out of court settlement.

More smoke and mirrors probably but why after that alleged event was some 3rd party bringing in the managers/head coaches and other staff certainly up until Mowbray/Venus/Waggot and co ?

The links have remained very much alive imo just well buried now when stuff takes place as it does well away from the club itself who knows who is involved. 

 

Screenshot_20250906_173624_Gallery.jpg

Screenshot_20250906_173611_Gallery.jpg

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Posted
4 hours ago, RevidgeBlue said:

They were never in partnership. Venky's granted Kentaro a contract to run the Club on their behalf in the early days although that formal arrangement was shelved fairly quickly after they got burnt is my understanding.

There's no doubt though that the general modus operandi has enabled agents to have a beano at the Club's expense over the years  and it seems to be getting worse again just recently.

Dennis/Baradji/Forshaw x2 /Gueye potentially out on loan. Only one party benefitting out of those transactions, the agents.

 

I’d question this as a lot of media pre-purchase and after purchase contradicted this with the word partnership and working together being bounded about until the realisation that this was against rules. My take on it is that this was very much potentially the situation and remained but was hushed up and the dialogue changed to say advisory role.

it would explain a lot .

Posted
2 hours ago, JBiz said:

@RevidgeBlue picking players you don’t like, one who hasn’t even played a minute yet, to suggest they’re only made to make someone money? 
 

That sort of viewpoint dilutes to what went on in those initial years. The stories of Etuhu, Murphy and Pudsey the bear; the millions tied up in those initial seasons, I’d say a huge portion of the 150m the club owes the owners in gift loans.

£87 million of this was racked up in the first 5 years of their ownership.

‘Only’ £47 million was added between 2015 and 2024.

(Total £134 million)

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  • Fair point 1
Posted
1 hour ago, glen9mullan said:

 

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Glen, I recall there being an important point revealed at number two on the first letter. Could you please put that part on here too? I think it would be helpful to remind people.

It mentioned there being a contract between Venky's and Crescendo Sports Ltd of Brunei, as well as the contract with Kentaro in point 1. Crescendo would also provide "consultancy services" on the takeover, not too dissimilar to Kentaro.

There was a comment in there about the Venky's-Crescendo agreement coming to an end as soon as the takeover completed. However, there is nothing solid to say this agreement has ended in reality.

I don't know if anybody has ever chased this up or if the Authorities ever had confirmation of the Crescendo agreement ending. I think this could be a key part in the whole sorry tale.

To summarise, we are supposed to believe that:

1) Venky's-Kentaro fell out with one another, settled out of court and that arrangement subsequently came to an end.

2) The Venky's-Crescendo agreement came to an end as soon as the takeover was completed in November 2010.

I am not so sure on both counts, but that's just my opinion. Kean leaves the club in 2012 and immediately heads for Brunei? Some coincidence, that.

We could do with those two points being put to the shadow man for clarification. Now that's the kind of transparency I want to see from those at the club.

  • Like 1
Posted

Back on 2016 Glen proposed answers to the following from our Shadow man and still we haven’t had clarification but are still in the same position. We know the score and have for years but yet we are still going through the motions!

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