Jump to content

BRFCS

BY THE FANS, FOR THE FANS
SINCE 1996
Proudly partnered with TheTerraceStore.com

[Archived] 40 Venky's Premises raided by Indian Tax Officials


Recommended Posts

What happened to the new Director of football our pal put so much faith in ?

Nothing i repeat nothing will change and certainly not on the recommendation of a few number crunchers. If they really have been sent in by Venkys & co its to tell them what they can do without and get away with it not what they need. What they need is good players via some real investment even the Pune lunes know this.

Just what in gods name difference will a new finance director make when we have no flippin finance, no one will lend and we have hardly any fans buying tickets ?

Link to comment
Share on other sites

  • Replies 732
  • Created
  • Last Reply

I have a mate who knows a guy that works for one of the firms thats gone to ewood.. I sent a text two days ago and he asked him and finaly got a reply back.

In short he says he cant divulge any info on the reason they are there but worded the next bit in a way to say its not to sell the club.  Im inclined to belive venkys are here to stay

Link to comment
Share on other sites

So we are stuck now in this death spiral.

Get relegated.

Sell best players to cover costs.

Bring in worse players.

Ignore the fans.

Become a poor team for the division.

Make no inroads into reducing the debt.

See further disenchanted fans join the NAPM or just get a new hobby.

Get relegated.

 

The cleverest part though is convincing a majority of the fans that this is a good thing and that "at least they are covering the costs".

Link to comment
Share on other sites

16 minutes ago, AllRoverAsia said:

I have no idea why you are now banging on about the Club Secretary role. A new one will change exactly what?

It's a function type role that's all.

Maybe look into when he joined and who recommend him to the owners to appoint him?

Plus I wonder who interview Coyle when Cheston was on Holiday?

 

Just now, tomphil said:

What happened to the new Director of football our pal put so much faith in ?

 

I am a fan of the director of football/sporting director with head coach.

Senior left so Mowbray is still here and on the way to Pune to meet the owners.

 

Link to comment
Share on other sites

Just now, AdamRochina said:

I have a mate who knows a guy that works for one of the firms thats gone to ewood.. I sent a text two days ago and he asked him and finaly got a reply back.

In short he says he cant divulge any info on the reason they are there but worded the next bit in a way to say its not to sell the club.  Im inclined to belive venkys are here to stay

In that case the club is virtually finished. Surely these independent firms will actually tell them that directly they've no need to be scared of being booted off the gravy train or getting a bull whipping back in Pune.

 

Link to comment
Share on other sites

8 minutes ago, AdamRochina said:

I have a mate who knows a guy that works for one of the firms thats gone to ewood.. I sent a text two days ago and he asked him and finaly got a reply back.

In short he says he cant divulge any info on the reason they are there but worded the next bit in a way to say its not to sell the club.  Im inclined to belive venkys are here to stay

No real surprise to be honest.  I think most people now accept that Venkys will only leave when it suits them and with Mowbray going to India it suggests that they aren't ready to leave yet.  I have no idea how they are making this work for them but clearly, in some way, they are finding owning the club worth their while.  With no money for signings, further cut-backs in terms of wages and playing numbers, one can only see another season of struggle ahead.  If they can persuade Mowbray to stay there is a chance that he might halt the slide and keep us in League One.

Link to comment
Share on other sites

Just now, Parsonblue said:

No real surprise to be honest.  I think most people now accept that Venkys will only leave when it suits them and with Mowbray going to India it suggests that they aren't ready to leave yet.  I have no idea how they are making this work for them but clearly, in some way, they are finding owning the club worth their while.  With no money for signings, further cut-backs in terms of wages and playing numbers, one can only see another season of struggle ahead.  If they can persuade Mowbray to stay there is a chance that he might halt the slide and keep us in League One.

Why is a manager in the business period off season messing around going to India . Appoint proper people ffs!

its an absolute sham if they are staying then I won't be there

Link to comment
Share on other sites

34 minutes ago, AdamRochina said:

I have a mate who knows a guy that works for one of the firms thats gone to ewood.. I sent a text two days ago and he asked him and finaly got a reply back.

In short he says he cant divulge any info on the reason they are there but worded the next bit in a way to say its not to sell the club.  Im inclined to belive venkys are here to stay

This club is truly fcuked,a complete and utter Circus...can't take much more before I walk away for good.

Link to comment
Share on other sites

Just now, Parsonblue said:

No real surprise to be honest.  I think most people now accept that Venkys will only leave when it suits them and with Mowbray going to India it suggests that they aren't ready to leave yet.  I have no idea how they are making this work for them but clearly, in some way, they are finding owning the club worth their while.  With no money for signings, further cut-backs in terms of wages and playing numbers, one can only see another season of struggle ahead.  If they can persuade Mowbray to stay there is a chance that he might halt the slide and keep us in League One.

God, it is so depressing to read this. Will this ever end?!

Link to comment
Share on other sites

Just now, Colt Seavers said:

 

I don't know about Cheston but I heard earlier in the week that Silvester is gone/ going very soon. Can't elaborate sorry.

You only have to read those shebby emails to see Silverster should be nowhere near this club

Link to comment
Share on other sites

Just now, Leonard Venkhater said:

God, it is so depressing to read this. Will this ever end?!

This is what we have been reduced to my friend,a hopeless club with hopeless supporters whose expectations are through the floor,totally ignored and battered into submission.

I'm presently at the nadir of my time following this once great club and its all completely down to those two hats in Pune.

Link to comment
Share on other sites

Just now, SIMON GARNERS 194 said:

This is what we have been reduced to my friend,a hopeless club with hopeless supporters whose expectations are through the floor,totally ignored and battered into submission.

I'm presently at the nadir of my time following this once great club and its all completely down to those two hats in Pune.

It feels like a divorce or a really bad parting of ways 

Link to comment
Share on other sites

I'll say it again, for the last time - the accountants are there to weigh up how much of an investment is needed by Venkys to ensure the next 12 months. They are there on the behalf of The Bank of India. The only issue would be if Venkys didn't make the required payment to keep the club solvent this season. Venky's supplemented us by 6m as seen in the accounts, I can't see them now not giving another 8-10m - although I do think there will be assets sold / downsizing of the academy this time.

No admin, no sale. 

Link to comment
Share on other sites

Just now, J*B said:

I'll say it again, for the last time - the accountants are there to weigh up how much of an investment is needed by Venkys to ensure the next 12 months. They are there on the behalf of The Bank of India. The only issue would be if Venkys didn't make the required payment to keep the club solvent this season. Venky's supplemented us by 6m as seen in the accounts, I can't see them now not giving another 8-10m - although I do think there will be assets sold / downsizing of the academy this time.

No admin, no sale. 

Why use two accounting firms?

Link to comment
Share on other sites

Just now, Hasta said:

Why use two accounting firms?

What do the bank know about running a football club? Use one firm and your relying on them and them alone, use two and you have two opinions / reports. For a debt the size the bank have, it would be crazy to rely on one report alone on a subject you had no experience of. Even if it costs another 500k the debt is already bad. 

Link to comment
Share on other sites

Just now, J*B said:

What do the bank know about running a football club? Use one firm and your relying on them and them alone. 

Makes no sense.  The firms being used will have looked at football club issues before.

When a club is put into admin they don't bring in two sets of accountants and administrators to sort it out.

Then again, when did any of the last few years make sense.

Link to comment
Share on other sites

Just now, Hasta said:

Makes no sense.  The firms being used will have looked at football club issues before.

When a club is put into admin they don't bring in two sets of accountants and administrators to sort it out.

Then again, when did any of the last few years make sense.

When you sell a house, do you get one estate agent around and immediately put it up for sale at whatever they recommend? Or do you ask 3 agents round and get a consensus? Assuming your not an estate agent!!

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.