Painful Acceptance

[Upside Down]

35 minutes ago, Tugayslongwalkoff said:

Possibly. People ask why they’re still here, it has to be one of two things in my opinion. 
 

A - They are happy to leave us in limbo in the hope we will have a miraculous season whereby we are promoted on peanuts - waiting for the day somebody informs them that has happened and they can return to the stage as concerning heroes. 

B - They’re scared of what shady business dealings will be uncovered from their tenure during any potential takeover. 
 

 

B

[JHRover]

If getting back to the PL was even remotely of interest or on their radar then they would have conducted themselves very differently over the last 3-4 years. 

Like offering a drop of support to the 3 managers that got them within touching distance, not sold off all their best players, not undermined them, not allowed the last two to engineer moves away mid-season. That sort of thing. 

So we can safely drop the notion that they are waiting for a miraculous / unexpected return to PL riches. They've made it as clear as they possibly can they aren't interested and will actively sabotage our prospects of promotion if they can. 

[rovgers]

I don’t believe the notion that they’re sabotaging our prospects of promotion or wouldn’t want it. I’ve no idea why they still want to own us, the only reason I can think off is they don’t want the shame of walking away as failure (even though most would agree it is). I can see them more likely to sell the club if we were in the Premier League, which unfortunately won’t happen.

[JHRover]

Surely they'd be less likely to walk away in the PL (if they ever allowed us to get there)?

Overnight their annual losses would stop and even an immediate relegation would take away the financial pressure for a few years.

No doubt they'd also bask in the glory and turn up for a game against Man Utd / Liverpool with their mates as well.

No I'm convinced the only way it ends is through financial or legal necessity. I had hoped the legal 'issues' in India were the start of the end but it seems not. So instead I'll just have to go back to hoping that their empire collapses and can no longer sustain the cost of this pointless project. 

[rovgers]

If we did get back to the Premier League, they can walk away and claim their tenure was a success, claim the Premier League money to pay off debts to them and then sell up in the belief that more people will be willing to buy a Premier League team.

I don’t think the “legal “issues”” will make any difference to them owning us, at the moment it’s only a civil case and not a legal case.

As far as their business collapsing, the VH group had an annual turnover last year over a billion pounds, so the money they put into “this pointless project” is insignificant in their company.

[Rogerb]

7 minutes ago, rovgers said:

 

As far as their business collapsing, the VH group had an annual turnover last year over a billion pounds, so the money they put into “this pointless project” is insignificant in their company.

The last quarter results showed the chicken business was losing money hand over fist

[Tomphil2]

The reported turnover of VH group is around 100 million not 1 billion, the main listed entity 'Venkys Ltd' which flashes around our stadium made a profit of around 6.5 million so the money needed for Rovers is hardly insignificant in yearly turnover terms.

Although probably doesn't make a dent in the families overall wealth.