2025-26 Relegation thread

[Mattyblue]

Looking at their forum, their fans are delighted, the recovery starts now, discussing potential bidders…

woukd never happen here, of course, it’s Venky’s or liquidation according to a big chunk of the fanbase.

[superniko]

For those of us unaware of implications.....does administration automatically mean owners are kicked out? Not entirely sure how that all works, but if Rovers went into administration would Venkys no longer own us? and if so, how do the next steps of ownership / sale unfold?

[SIMON GARNERS 194]

1 hour ago, StHelensRover said:

I'm sure the Wednesday fans will have a party at Hillsborough tomorrow regardless of the result and league position. I can only dream of the party we'll be able to have if the Vs ever leave.

Boycott called off...watch them go from strength to strength while we fall through the floor.

[JHRover]

The administrators take operational control of the club and actions by creditors are frozen..

Without knowing the ins and outs I imagine Chansiri or his companies are significant creditors of the club, together with HMRC and others.

Technically he is still the majority shareholder so still owns them but has no control over decision making and the administrator is able to sell the club as a going concern to the best option.

The administrators have to get in there, go through the books and work out what on earth is going on financially, run the club in the meantime and then try to get to a point where someone comes in to buy them and sort out their debts or come to an agreement with their creditors to reduce/remove their debts, and sell it on.

The biggest risk is that for whatever reason the administrators can't save them as a going concern and the alternative then is liquidation. Highly unlikely to happen but possible. 

Apparently the other company he set up to own Hillsborough stadium has also been placed into admin which means the administrators can sell both together to new buyers.

In some ways the best time for them to go into admin because this season was a write off and the administrators can spend the next 6 months sorting them out with a view to a fresh start under new ownership for next season.

[Mattyblue]

30 minutes ago, Mattyblue said:

Looking at their forum, their fans are delighted, the recovery starts now, discussing potential bidders…

woukd never happen here, of course, it’s Venky’s or liquidation according to a big chunk of the fanbase.

Right on cue 

 

[simongarnerisgod]

26 minutes ago, superniko said:

For those of us unaware of implications.....does administration automatically mean owners are kicked out? Not entirely sure how that all works, but if Rovers went into administration would Venkys no longer own us? and if so, how do the next steps of ownership / sale unfold?

having been laid off by a firm in administration,the organisation is managed by a team of accountants who  try to find a buyer or it that fails,auction off everything that brings in money and liquidate the firm,basically sheff wed are no longer solvent,can`t pay their bills and are bankrupt,thus they are now the property of the administraters

[lraC]

1 hour ago, Mercer said:

I think our only hope is that a 'whistleblower' from the last 15 years comes forward and opens up any can(s) of worms!

Doubt it will be that straightforward!

Difficult to comment without more specifics but a lender which has taken security has a number of options available when it comes to enforcing its security.

Reasonable care must be taken to obtain the best price reasonably obtainable for the asset - these duties are owed to all creditors (other secured, preferential and other unsecured) and also to the borrower! 

 

I realised after I posted this, that he might own it in his own name and not a company he owns, I simply don't know.

Any lender will obviously repossess if the Mortgage isn't paid and just like a residential repo, they will then sell for the best price they can, as you have stated. 

[lraC]

13 minutes ago, Mattyblue said:

Right on cue 

 

Sadly, lots of people do not understand the difference, between administration and liquidation. 

[Mattyblue]

He does, and believes we go into admin, we end up bust as nobody would be interested… and there’s plenty where he came from.

[Ghost7]

I want administration for Rovers, it's the only way.

Venky's turn the tap off please and let us go.

[StHelensRover]

10 minutes ago, lraC said:

Sadly, lots of people do not understand the difference, between administration and liquidation. 

The person posting that also doesn't understand the difference between Blackburn Rovers FC and with the upmost respect, Bury. Bury are small club with a good old history but who, when we last played them at Gigg Lane, were outnumbered by away fans. There is no comparison between the clubs beyond the fact they're both in East Lancashire.

Edited 11 hours ago by StHelensRover

[lraC]

Just a thought, but given what has happened today with SWFC what about getting a petition going to be delivered to the club and to Venky's HQ. This could also be made public by way of the press and maybe the timing could be such that it hits the headlines on the same day as the Derby.

A Vote of no confidence

We the understand, being a supporter and past or current attendee at Blackburn Rovers fixtures, call for owners to either sell the club, or put the club into administration.

Given that the club are reputedly losing in the region of £73,000 per day, we see the club as being no longer financially viable and call upon the owners to acknowledge this and do the right thing.

As a 150 year institution, we as fans deserve better and cannot support this regime any longer and given that the club is nothing without the fans, we implore you to do the right thing.

[StHelensRover]

2 minutes ago, lraC said:

Just a thought, but given what has happened today with SWFC what about getting a petition going to be delivered to the club and to Venky's HQ. This could also be made public by way of the press and maybe the timing could be such that it hits the headlines on the same day as the Derby.

A Vote of no confidence

We the understand, being a supporter and past or current attendee at Blackburn Rovers fixtures, call for owners to either sell the club, or put the club into administration.

Given that the club are reputedly losing in the region of £73,000 per day, we see the club as being no longer financially viable and call upon the owners to acknowledge this and do the right thing.

As a 150 year institution, we as fans deserve better and cannot support this regime any longer and given that the club is nothing without the fans, we implore you to do the right thing.

I'm not against a petition but I don't know whether we should centre it around financial club losses, because I think you can count on both hands the number of English clubs who don't run at a loss. I think if anything that would give ammunition to the people who defend the Venkys, who say the must be great owners to give us £73k per day to keep us running

(whether they actually do give us £73k a day is a different argument)

I think protests need to be centred on mismanagement, lack of ambition, falling attendances, lack of direction, the 'strategy' and everything else. I appreciate it isn't as headline grabbing or as effective a strap line as "£73k per day", but again I just worry how some would use that against protestors to say that the Venkys are great owners.

[arbitro]

A rally cry from the administrators. In a perverse way this will galvanise the whole club.

Why would any Rovers fan not settle for something like this to help exorcise the club.

https://www.bbc.co.uk/sport/football/articles/c1lqmmml533o

[JHRover]

Within hours of going into administration workers were at Hillsborough ripping out the 'Chansiri' letters from the North Stand to expunge traces of his regime.

Oh for that to happen at Ewood. What I would give to see photographs and videos of people at Ewood dismantling the 'Venkys' advertising boards and removing all visible traces of their wicked regime.

[JHRover]

"Like many football clubs, it has been trading at a significant loss for many years, with those losses historically funded by the owner. Mr Chansiri is no longer willing to provide that financial support.

"While the recent fan boycott has not directly caused the insolvency, it has increased financial pressure on the club. As a result, the owner has chosen to place the club into administration.

"Supporters are the backbone of any football club. The money they spend at the gate and in the ground is vital. I've been a season ticket holder since 1984 and know first-hand the passion of this fanbase.

"Now, more than ever, we need fans back in the ground - buying tickets, merchandise, pies and pints. Every penny spent will go directly to supporting the day-to-day running of this club, not to the former owner or professional costs. This will help stabilise the club while we secure a suitable buyer."

More to get behind and support there and more understanding, transparency and faith in those running the club than we've had in 15 years here. 

[arbitro]

Another good article.

https://www.skysports.com/football/news/11688/13456407/sheffield-wednesday-championship-club-file-for-administration

[JHRover]

"Entering administration was the inevitable outcome of years of financial mismanagement, a lack of accountability, and repeated failures to engage credible buyers. Administration is not something to be celebrated. It needn't have ended this way. But we are overjoyed to have Dejphon Chansiri out of our club for good.

"Administration represents a necessary turning point. With the club now totally out of Chansiri's hands, this may be the first step to getting our Wednesday back. It closes an era defined by poor decisions and deep divisions, both on and off the pitch. Once Hillsborough is recovered from his ownership, Chansiri's influence will finally be consigned to history, a regrettable chapter in Sheffield Wednesday's long and storied history.

"We understand that this news will bring uncertainty and anxiety about what lies ahead. Yet there is every reason for calm optimism.

"The appointed administrators are highly experienced professionals, including one who has been a Sheffield Wednesday season ticket holder for decades. The Trust has already opened dialogue with them and will play a full part in safeguarding the long-term survival and sustainable future of our club.

Anyone else feeling a little bit jealous of them?

 

[davulsukur]

38 minutes ago, JHRover said:

"Like many football clubs, it has been trading at a significant loss for many years, with those losses historically funded by the owner. Mr Chansiri is no longer willing to provide that financial support.

"While the recent fan boycott has not directly caused the insolvency, it has increased financial pressure on the club. As a result, the owner has chosen to place the club into administration.

"Supporters are the backbone of any football club. The money they spend at the gate and in the ground is vital. I've been a season ticket holder since 1984 and know first-hand the passion of this fanbase.

"Now, more than ever, we need fans back in the ground - buying tickets, merchandise, pies and pints. Every penny spent will go directly to supporting the day-to-day running of this club, not to the former owner or professional costs. This will help stabilise the club while we secure a suitable buyer."

More to get behind and support there and more understanding, transparency and faith in those running the club than we've had in 15 years here. 

There you go, recent boycott "increased the financial pressure on the club". This is probably the only way Venky's ever leave, without administration. The clubs hierarchy are desperate to relieve the financial burden off the owners.

For Rovers, it sems unlikely we'd manage to get a full boycott like Wednesday did other night but fans are clearly voting with their feet anyway as crowds are down. 

[lraC]

16 minutes ago, davulsukur said:

There you go, recent boycott "increased the financial pressure on the club". This is probably the only way Venky's ever leave, without administration. The clubs hierarchy are desperate to relieve the financial burden off the owners.

For Rovers, it sems unlikely we'd manage to get a full boycott like Wednesday did other night but fans are clearly voting with their feet anyway as crowds are down. 

Fair play to them for doing what they did and more importantly for getting the media attention too.

It is time for us to act too. 

[davulsukur]

As expected, Sheff Utd improving under Wilder and are now 0-2 up away at PNE.

5 points clear of Rovers.

Club needs to wake up fast to the notion of being in a relegation battle.

[MarkBRFC]

Admin talk is irrelevant here, venkys will never allow that to happen as it puts them out of control.

We'll just limp on like this for the rest of time at a lower and lower level every few years.

[SIMON GARNERS 194]

3-2 Nob End...we'll get battered off that lot.

[davulsukur]

Yeah, looks like a spoke too soon!

[alcd]

8 hours ago, JHRover said:

The administrators take operational control of the club and actions by creditors are frozen..

Without knowing the ins and outs I imagine Chansiri or his companies are significant creditors of the club, together with HMRC and others.

Technically he is still the majority shareholder so still owns them but has no control over decision making and the administrator is able to sell the club as a going concern to the best option.

The administrators have to get in there, go through the books and work out what on earth is going on financially, run the club in the meantime and then try to get to a point where someone comes in to buy them and sort out their debts or come to an agreement with their creditors to reduce/remove their debts, and sell it on.

The biggest risk is that for whatever reason the administrators can't save them as a going concern and the alternative then is liquidation. Highly unlikely to happen but possible. 

Apparently the other company he set up to own Hillsborough stadium has also been placed into admin which means the administrators can sell both together to new buyers.

In some ways the best time for them to go into admin because this season was a write off and the administrators can spend the next 6 months sorting them out with a view to a fresh start under new ownership for next season.

Who funds the losses ie covers the wages whilst the administrator finds a buyer. As appalling as Venkys are, they so far have paid the wages. Probably players will be sold because there are no other funds available to an administrator. Probably doesn't matter if those players would have been sold anyway after relegation.