Commondore Posted 5 hours ago Posted 5 hours ago 2 hours ago, Mercer said: My view is they wont sell in fear of what due diligence might uncover / reveal. Do you think the operation of Rovers has been / is squeaky clean? Let's not forget the investigation by the Indian authorities into the alleged breach of foreign exchange management rules by VHPL - there is some history there. So what is their option? A managed decline is a strategic reduction which normally leads to the closure of a business. Is this what we are seeing with Rovers? If Rovers are finished in 5 to 10 years time, I think Venky's acquisition of Rovers 20 to 25 years ago will be seen as a mere footnote in the history books with hardly a ripple on the pond and who will care? A number of times we have been knocking on the play-off door and our owners haven't seized the initiative. IMO, the operational management of Rovers doesn't convey a burning desire or ambition to get back to the PL. We might well be in a relegation scrap this season and a scrap I don't think we will win. You tell me where you think the club is heading. Considering the absolute villains who buy and sell football clubs now without ever turning up with serious skeletons in their closets during due diligence, it would surprise me if Venkys are uniquely bad in that regard. And as for a managed decline, they’d have to want to avoid something truly terrible to prefer facing the alternative cost of keep bleeding money (not enough for a championship team with any ambition, but surely enough to harm them financially?) into the club for 10 more years. To me, this doesn’t clear occam’s razor. But who the hell knows what goes on with them, truly? Quote
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