Jump to content

BRFCS

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

tomphil

Members
  • Posts

    26868
  • Joined

  • Last visited

  • Days Won

    111

Posts posted by tomphil

  1. 1 hour ago, J*B said:

    They're often involved in politics within the Maharashtra region and are one of the biggest land owners in Pune, of which Mumbai is expanding closer and closer towards. Times of India won't rock the boat. 

    The Venky chicken shop brand might be well known in some areas but the family themselves i don't think so and certainly not outside of Pune.

    I doubt they come in the top 100 influential families or wealthy families in India and their so called influence isn't doing them much good at the moment in court.  Of course on their doorstep the media won't rock the boat if they make advert money just like in small town Blackburn with the LT.

    Wider picture i'm sure if the right money was paid something could get published there have been articles before also their present issues have been reported on.

    If they are falling 'fowl' of this present regime then now would probably be a good time to strike because someone is after them that's obvious.

  2. 2 hours ago, Mattyblue said:

    I certainly wouldn’t have expected JDT to have won many of these ‘easier games’, we all know that the wheels had come off for him.

    However, the ‘new manager bounce’ is also often a factor too. Especially in such an evenly matched league and a fair few winnable games to go at. End of the day he’s won zero of them.

    We got the new manager grind instead of bounce.

    To be fair though if he was as clueless as some say we'd have been losing still but without laying a glove on the opposition, plenty examples of new manager flop around this league.

    • Like 7
  3. I think the only sell if promoted to Prem line is just thrown out as justification to 'protect' their investment when it comes to pacifying the banks, shareholders and Indian court.

    They need an excuse to continue reduced funding and do whatever it is that benefits them crunching profit numbers off the VG group balance sheet.

    Would they really sell if the miracle of promotion and a guaranteed 100 mill plus suddenly appeared ?

    I'm certain they wouldn't.

  4. Teams that came at us at home previously you'd fancy scoring a few goals, you knew we'd concede at least 2 but we'd also exploit the space they left and carve them open back to front at times.

    Now though other than punts forward that doesn't seem the case and i expect Eustace again will try and park the bus.

    Could be a tricky afternoon trying to absorb constant pressure for 95 mins from a team that always seems to find a way to score.

  5. It's Nixon so it's a half truth at best and unless anyone speaks directly to a head Rao they've no idea the feelings on selling the club IF there is genuine interest.

    Often get the feeling there is a buffer between here and Venkys on this subject and the people sat comfortably in the middle of that in the shadows are the ones who don't want to see it sold but don't care about progress either.

    Because it's very comfortable and lucrative and peaceful for them sat there.

    • Like 5
  6. 19 minutes ago, Ghost7 said:

     

    Nah Dolan is all hot air. Rarely hits a ball cleanly (passing, link up play or shots). Turns into trouble. Most things he does seem hopeful and fairly tamely executed. Lacks conviction and is a bit of liability on the ball for me. Sadly due to a lack of investment we still need him and he does put a shift in but I wouldn't touch him on a "big" contract.

    I rate Hedges at this level. He has a presence, can move with the ball, make a bit of time for himself and strike it fairly cleanly. It's a shame he's been out so much.

    Dolan I still think could fall off to a lower league one day. Suspect he will.

    We've been through this with Dolan many times over and he keeps getting written off but bounces back however that usually comes after a spell out either injured or dropped.

    We do though miss him when he is out for a spell although that is more to do with how weak the squad is than the actual player himself sometimes. That squad weakness though means he and some others can't be managed properly and withdrawn/rotated when they are poor.

    I'd keep him on an average contract but certainly wouldn't be throwing big money and 4 years at him.

    • Like 1
  7. 14 minutes ago, miqaayil said:

    If it's secured and underpinned , the judge won't order you to put an equivalent deposit before sending over. 

     

    The loss itself is questionable and nothing has been paid back as SBI has not called it.So from my study of situation Venkys have never funded us and never will and the assets of Rovers is being stripped. 

     

    The local residents need to pressure the MP for loss of revenue due to mismanagement of club and mention in parliament the mismanagement by an INDIAN business , this will hit home harder under current political climate (don't want to explain) 

    The reason they are asking for a bond of equal amount is to ensure the money sent here is used specifically for the items it is requested for to run the football club.

    If it isn't and they don't provide proof the bond will be non returnable so it's nowt to do with the VG group bank account or borrowings i assume.

    Somewhere at the heart of all this the authorities over there obviously suspect some money has been going elsewhere which is something iv'e long suspected and banged on about. That's why i'm surprised they haven't tried to get an investigation over here but i also assume if anything has been going on the track are will covered.

    Personally i'd be forensically dissecting the payroll and the agents fees of the last decade !

     

    • Like 1
  8. 1 minute ago, miqaayil said:

    No on this i disagree ...they are spending SBI's money not their own on a misrun failing business ..Why would the indian government step in ? They smell something rotten and V's might be backers of the opposing regime. They are on course to liquidation unless a miracle happens

    The SBI debt will be secured and under pinned by Venky assets/land in India so they'll be risking that being seized if they default.

    The way it seems structured is the VH group bank account pays Rovers losses from its vast turnover and as for the Indian govt they've already stepped in obviously and i'm talking about how it'll be portrayed in the media and by some of our delusional fans in order to defend Venkys.

  9. 11 hours ago, Ewood Ace said:

    If you think I don't criticise The owners or CEO then you are very much mistaken. None of those are signing the players though, we are in a relegation fight and had a paltry budget in January I just think that if Broughton was going to spend money on a player it would have been useful to spend it on someone who can play a big part in that fight against relegation.

    Broughton is a symptom of the owners and like many of those employed before him (and the current CEO) is a chancer who is massively out of his depth.

    Broughton signed Ennis on a 4 year contract, a player the previous manager didn't appear to want to use.

    Broughton signed Telalovic on a long contract for a few hundred grand, see above.

    Broughton signed Leo who has single handily cost us about 6 points there can be no denying that.

    Broughton signed a known crock on 10/20k a week until the end of the season  who got crocked after 15 mins predictably.

    These are the things he is judged on, Sammie. Hyam, Brittain all already lined up before he came but even so paying a few quid and decent wages to guys with a bit of pedigree is less of a lottery.

    GB was broughton in to source and sign young cheap talent to develop and sell for a profit, he is falling massively on that front. Another 4 in summer to add to the 4 mentioned  and likely replacing departures..... dear me are you confident ?

    Because i'm not.

    • Like 2
    • Downvote 1
  10. 15 hours ago, miqaayil said:

    I'm sorry guys ...i don't see us being sold unless someone with serious financial and political clout steps in and make them an offer through political channels which they can't refuse for the sake of the parent company. 

    If i was in their shoes the only exit i see is liquidation .. not even Administration as both administration and sale will open the books over 10 years minimum. For that the EFL needs to step in , who's fit and proper test these guys cleared. Its a total mess which is why i'm still praying for a sovereign wealth fund like the BAHRAINI or Brunei or some royalty to get interested in us for their public image 

    I've already called it they are gradually and tactically withdrawing.

    All blame will go onto the Indian govt when we go down skint and having sold everyone and everything, this season or next. Then a few years in league 1 'poor old Blackburn the owners want to fund the club to the Prem but aren't allowed'  then we get forgotten about.

    Sit in the corner of their portfolio now costing less than 10 mill a year including levies, fixed assets off the books then punted to one of Balaji's son's mates in 2028.

    Indian govt is the new FFP.

    • Like 6
  11. 1 hour ago, 1864roverite said:

    What is the difference in funding Rovers from India whilst funding and having large business interests in the USA and Europe?

    Strikingly obvious is the fact they don't need 15/20 million per year EVERY year.

    Also there'll be evidence of those businesses generating returns or growing their base due to investment and that's something that cannot be said of funding this football club.

    I'd say it's the eye watering amounts and the continued need for them that has caught the govts attention.

    • Like 6
  12. 4 hours ago, Upside Down said:

    They had to provide that breakdown before sending the money.

    Again £1.8 million was allocated to "agent fees"

    That's before then there is after i.e the Indian govt will want proof the money was used for what it was allocated for and nothing else.

    That's the centre of this whole issue.

    Then surely once that is confirmed as legit and signed off then the 11 million equivalent should be released back to Vs or obviously held if the same amount is allowed to be sent again.  It can't be as if they have to keep giving the govt equal amounts as security and they just keep hold of it as has been mentioned.

  13. I've never bought the pride line as the primary driving force as to why they carry on owning Rovers although i do get the 'look at us we are so wealthy we can chuck 20 million a year away on a whim' vibe.

    Even that is out the window now though there is no pride to be had owning a struggling club that has now exposed some dodgy dealings. And whatever happens in court - who'd be surprised if it's pushed back again - the whole 15/20 million a year is gone for good even if they got approval they'd be paying 20% in tax instead of avoiding it.

    Games up, for them and us.

    • Like 3
  14. 43 minutes ago, Upside Down said:

    They had to give a detailed breakdown of what the funds were spent on. 1.8 million was for agents fees.

    So once they've provided a breakdown and receipts that the money has all been used as intended they they should get their other 11 million back.

    Maybe that's where the issues with this latest postponement lie.

  15. They wouldn't send their lawyers into court armed with a pile of documents for what was just down as a box ticking exercise and risk the adjournment if they were so concerned about the club going bust.

    Seems to me they are very relaxed and probably under assurance from Waggot that there'll be enough in the pot and he'll rake some more in in summer and ensure further budget cuts to see us through.

    Nice wage justifying bonuses earning work there by their CEO !

    Where that leaves the team/squad/club i doubt even enters the equation as long as the lights are still on.

×
×
  • 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.