Crimpshrine

See what happens to Venky's shares when the beef ban is lifted in India. That legislation has been the reason for their share price rise over the last couple of years.

You say the money has been 'pumped in' but what has actually happened is that they have issued new shares to the value of £3.625m I don't understand how these things work but by issuing shares does that mean they can always get this money back by selling the shares or taking dividends. It's not like a free gift and their money has gone forever. Presumably, as long as the total assets of the club are over £147m ( Ewood, Brockhall, players ) the money is just an investment and could, in theory, be retrieved by selling assets. Where do the Bank of India come into it - is the debt to them completely unrelated to any share issues ? I've never understood it. Are they currently being totally benevolent or are they just moving money around?

Ah! that is bad news. Poor lad.

I guess it depends if he has already had surgery to fix the problem. If he hasn't then that would be the next step. It would mean a long recovery process but I think it is a generally successful procedure these days. Wish him all the best and hope we see him in Blue and White next year.

Dead can Dance - In the Kingdom of the Blind the One-Eyed Are Kings

Wayne (Jayne) County and the electric chairs - Thunder when she walks

Also page 35, section 28. A reference to MRS Balaji Rao!! That's what he's been spending all his money on.

Exactly what I was thinking. I thought both Ians were big Rovers fans. I am sure Battersby is. But if they just fancy owning a football club then Blackpool are probably a better proposition as they would start debt free and a probably a have a wealthy and willing partner in Belokon. Why go for Rovers with the a massive debt hanging over the club. That's even if they had the option

Ian Currie must have given up hope of Venky's selling https://www.blackpoolgazette.co.uk/news/business/millionaire-businessman-admits-interest-in-blackpool-fc-1-8870000

Bob Coar ?

I see 'Venky's India' shares had a pretty good day today. Up by more than 5% since yesterday if I'm reading it right. Have they issued some news of some sort ?

OMG Give me strength

Sounds like a large proportion of the budget at that level. What would Jack think! Another nail in the coffin. Can't take this lying down