Lewis Travis…The Man Who (wanted to leave)

[Exiled_Rover]

12 minutes ago, Crimpshrine said:

Fair enough but the other option is that they put some of their massive wealth towards a promotion push while the FFP situation allows it. I imagine Rovers would be a much more attractive proposition to potential new owners if we were in the Premiership. 

We're a more attractive proposition now in the Championship, if the owners would agree to sell us for our actual worth.

[RevidgeBlue]

29 minutes ago, JBiz said:

You sure? Explain to me how you know how much they want for it?
 

How do you know they have an arbitrary figure in mind? What about if they just see it as a trinket or line in their P&L?

You're just being argumentative for the sake of it here. I dont KNOW for certain, it's my opinion.

Also hasn't the suggestion come recently from either Nixon or Suhail they want £200m ish or have I completely imagined that?

[roverandout]

I'd rather the club get relegated because of financial issues and venkys be forced to sell than plod along midtable every season 

[JBiz]

20 minutes ago, RevidgeBlue said:

You're just being argumentative for the sake of it here. I dont KNOW for certain, it's my opinion.

Also hasn't the suggestion come recently from either Nixon or Suhail they want £200m ish or have I completely imagined that?

I don’t know, that’s why I asked.

From my memory, whenever anyone at the club has been asked the answer has been “we’re not for sale”.

This is probably the wrong thread for this, but that’s partly why I’d focus all efforts, protests, actions etc towards finding new owners. Aka, if you get can’t get any cooperation from the Rao’s, maybe someone with a lot of money, influence etc might have more luck. 

[aletheia]

2 hours ago, JBiz said:

Honestly, I just don’t understand why anyone wants the owners to put more money in?

How can anyone want to end this terrible tenure and expect them to be ambitious at the same time?

Complete contradictions. Getting money for players back into the total budget for running the club, saves the need to go cap in hand to the cunts.

I want us to wipe our own face, to cut our own cloth accordingly, even if it impacts any sort of ambition we may for promotion.

After some thought, I do see now what you are saying.
And agreed that all efforts should be on finding new owners.
Some would argue that the removal of Pasha could move this along.

But I don’t see your solutions working –ie. washing our face, success with minimal funding in this division thus making us more attractive to potential buyers.
-The Raos/Pasha would just be delighted that things can run along with no input. 
-There would still be the impediment that thus far, the Raos have rejected all offers out of hand.
-There would still be the impediment that they want to recover their loss

The other ways would appear to be:
-Promotion, lots of cash and an exit
-Adverse publicity in India or anything that makes their lives uncomfortable
-Relegation, administration
-Some method of the supposed 200m being written off

 

Edited 2 hours ago by aletheia

[wilsdenrover]

3 hours ago, RevidgeBlue said:

You're just being argumentative for the sake of it here. I dont KNOW for certain, it's my opinion.

Also hasn't the suggestion come recently from either Nixon or Suhail they want £200m ish or have I completely imagined that?

I think that’s probably based on the assumption they’d want all their money back.

As of March ‘24 this was £220.1 million - £86.1 invested (I use that term loosely) in shares and £134 million advanced (ie loans).

[aletheia]

2 minutes ago, wilsdenrover said:

shares and £134 million advanced (ie loans).

So to be clear:

those loans are owed by the club not Venkys? 

if the Vs left tomorrow we would have to find the loans?

I thought the loans were just sitting on a balance sheet ie not crystalised yet or called in by varous banks etc.

 

[wilsdenrover]

6 minutes ago, aletheia said:

So to be clear:

those loans are owed by the club not Venkys? 

if the Vs left tomorrow we would have to find the loans?

I thought the loans were just sitting on a balance sheet ie not crystalised yet or called in by varous banks etc.

 

Yes, owed by the club.

These loans are always repayable within a year but the Venkys are yet to ever call them in.

Of course someone owing you money and you getting that money back from them are two entirely different things.

[aletheia]

Thanks for taking the time but I'm still a little unclear (thick!)

If Vs walked away would we have to find 130m?

[wilsdenrover]

Just now, aletheia said:

Thanks for taking the time but I'm still a little unclear (thick!)

If Vs walked away would we have to find 130m?

They could choose to write it off.

They could try to get it back.

They could sell Rovers but retain ownership of Venkys London (with the debt remaining owing)*

There’s probably further options too.

* I’d be amazed if anyone agreed to buy the club under this circumstance. 

I think we’ve veered well off topic! 😁