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

[wilsdenrover]

1 hour ago, Bronzed A Donis said:

Do you suspect they are keeping hold of Brockhall in case of any sale / Admin they have a bargaining chip to squeeze out extra cash of any possible buyer to buy it back?

They could presumably return it to the club or charge a peppercorn rent?  neither happening.

Re the admin element of this.

I’m not sure how they could Rovers into administration whilst simultaneously claiming the holding company is solvent.

If the holding company was the one put into administration the administrators would also then be in control of Rovers + the company which owns the training ground.

I doubt they’d decide the thing to do was to sell them to two separate people. 

 

 

 

 

Edited 1 hour ago by wilsdenrover
Goy my two/to the wrong way round!!

[wilsdenrover]

9 minutes ago, RevidgeBlue said:

Ah ok. I'll bow to your superior knowledge. 🙂

Thought you'd always said previously they had their "investment" in the Club down at £220m.

At £33.5m it's somewhat more attractive especially if Brockhall is included.

Equity (ie turned into shares) £86 million

Debt £134 million

Total £220 million

I presumed the 25% relates just to the debt element but perhaps someone else can confirm??

[Tomphil2]

1 hour ago, wilsdenrover said:

Re the admin element of this.

I’m not sure how they could Rovers into administration whilst simultaneously claiming the holding company is solvent.

If the holding company was the one put into administration the administrators would also then be in control of Rovers + the company which owns the training ground.

I doubt they’d decide the thing to do was to sell them to two separate people. 

 

 

 

 

If they aren't putting money into the holding company and that just exists on debt from some Indian Bank or something it would maybe have to be them that forced the issue ?

But if that debt is secured on a thousand acres of land in Pune or a half a billion pound turnover company that's probably very unlikely.

We better stop dreaming 😞