Venkys London Ltd - (BRFC immediate parent company) accounts year ending 31/3/25

[wilsdenrover]

Pre player trading loss £21.6 million, post player trading loss £7.7 million.

It’s been asked a million times but why won’t they sell?

As an aside, staff costs up £1.7 million…

 

 

[Exiled_Rover]

 

The tax fiddle continues. 

[roverblue]

How on earth do wages keep going up with the culling that goes on at Ewood? Something stinks as usual 

[JHRover]

So wages up significantly and still hovering around the traditional annual loss figure despite everything they've done over the last 3-4 years to slash costs.

Either they're making a right mess of things and somehow still losing the same amounts now as they were before despite everything they've done.

Or there is something seriously dodgy going on.

[roversfan99]

Those accounts wont reflect anything post this summer where we jettisoned so many experienced players and replaced with cheap crap from inferior leagues.

[MarkBRFC]

Yeah I can believe wages went up a bit last summer as we bought in Cantwell, and a few experienced heads in Batth, Weimann & Baker.

There isn't a chance they could have gone up this summer when the next accounts are released.

[Waggy76]

10 minutes ago, MarkBRFC said:

Yeah I can believe wages went up a bit last summer as we bought in Cantwell, and a few experienced heads in Batth, Weimann & Baker.

There isn't a chance they could have gone up this summer when the next accounts are released.

Don't be too sure , nobody really knows , who is actually on the payroll !

[Tomphil2]

The good old never diminishing BRFC payroll lol

Wonder how many 'advisers' are on there.

I'll say one thing for V's they have some very clever accountants.

 

[KentExile]

1 hour ago, roversfan99 said:

Those accounts wont reflect anything post this summer where we jettisoned so many experienced players and replaced with cheap crap from inferior leagues.

Will cover our "significant expenditure" (otherwise known as paying a ridiculous sum to Emmanuel Dennis) last January

Also contracts handed out to Cantwell, Bath, Weimann, maybe Bakers loan, etc under Eustace, probably all on more than our current self imposed wage limit

Why though, do I suspect that the next set of financials will show a very similar picture despite this summers cuts to the playing staff?

Edited 1 hour ago by KentExile

[wilsdenrover]

One thing I did notice was they’ve changed how they think ‘they’d get their money back’:

From promotion to the Premier League to;

Sustained membership of the Premier League.

How the extreme unlikelihood of this hasn’t led to a write down of the value of their investment is beyond me. 

[wilsdenrover]

One more thing:

The fees we could receive based on team/player performance are currently just over £20 million, this has a caveat that they’re expecting to receive far less.

Which players do we think most of this is attributable to? 

 

Edited 30 minutes ago by wilsdenrover

[alcd]

1 hour ago, Waggy76 said:

Don't be too sure , nobody really knows , who is actually on the payroll !

Waggott still is according to reports. That's £400k down the toilet this season. 

[KentExile]

11 minutes ago, wilsdenrover said:

One more thing:

The fees we could receive based on team/player performance are currently just over £20 million, this has a caveat that they’re expecting to receive far less.

Which players do we think most of this is attributable to? 

 

Szmodics fee

the Raya sell on

the second instalment of the Wharton fee

 

There will also be bits from selling Gallagher, Wahlstedt, Ennis, & the Telalovic sell on

Edited 19 minutes ago by KentExile