Thanks. So to confirm, he has requested funds, but we don't know the amounts and we don't know if the request has been actioned? Fair enough though.

I have asked Forever Blue, as I simply have not seen any statement made by the club, that they have requested that Venky's send funds. Are you aware of a statement to that effect by any chance?

I genuinely have not seen a statement made by the club, that they have requested that the owners send funds. I'm not having a go, but if there is a statement, where is it, as a link to it, would be appreciated.

Have they confirmed that the funds have been sent and the amount? When was the request made, do you know? Thanks

Some people think they still can send funds, but I think it is now becoming very clear that there is very little in the pot and even a free transfer is unlikely, due to agents fees and wages.

Hope he isn’t dropping his wage. (See what I did there)

I’m pretty convinced Szmodics will be gone, by the end of the window.

Strange how there is no impediment to funds being sent, we are well within FFP yet finances got in the way of this signing.

We must have had the funds. They can send what they want and never refuse to sign a cheque.

I think the fit and proper test, only relates to a potential purchaser. The key could be the statement in the accounts each year, as the owners funding is the only reason the club remain solvent. The statement made, is one whereby the owners commit to funding the shortfall and without that, I don’t think the accounts can be signed off and I don’t think the club will be able to make their annual promise to the league about their ability to see the season though. That could relate to the 25/26 season now though. The accountants will be fully aware of the court case and are no doubt keeping a close eye on it, as should the EFL.

Again this is very cleverly worded. The court date in August has nothing to do with Rovers, as probably quite correct, as it is the owners being investigated not Rovers. The outcome of the court case however, is highly likely to affect us, as if it go against them and they can no longer send funds overseas, it’s bound to have an impact. Things are very obscure, but until some funds are sent, I will carry on assuming the worst/best, depending on perspective.

I think that message was the obscure one, where the phrase used related to funding the club without impediment. This seems to have been rolled out by Elliott Jackson, not the club, but an actual quote saying they can send funds from India to the UK to fund Rovers has not been made, so far as I’m aware. There is a big difference, despite the inference and given that no funds have been sent since November, I remain sceptical.

I think a few believe in this poster, having the inside track. It has been clear to me since my meeting with Waggott in November, then the subsequent two adjournments, that this is very much the case. Despite some people still believing they can send funds, in reality they haven’t and in my opinion won’t, until they win the case, which I doubt they will. I have been counting down the days to the August hearing, as I firmly believe it’s going to be one of the most crucial days, in our history.

Given that there has been no funding sent since November, if that is the case, then the future funding is almost certainly not happening either. Personally I think it will go ahead and I think it will result in a bad outcome for the owners, but that's just my best guess.

I think our opinions are pretty much aligned. I don't think people realise how serious this court matter is. They are accused of tax fraud and money laundering and that will not be an easy, oh sorry we pressed the wrong button, type of way out for them. In my opinion, even the length of time, between the original hearing in February and the new one in August, makes me suspect there is a lot of evidence being gathered. As for not affecting Rovers, if that was the case, then why does some apparent tax changes, mean a 20% drop in funding, yet their properties being seized and them potentially being clobbered even further doesn't?

To be fair, I don't think we have been at this point before. The court hearing is less than two months away and I have to agree, that the outcome of this will be critical to our immediate future.

Maybe the money to get these over the line, is in an Escrow account in India.

Yeah he brought Renzo over, who is a nice guy and latched onto Rovers due to Brereton playing for Chile. I met him in Jacks kitchen and had a chat. I think I made him feel at home, as his English is quite limited and I can speak decent Spanish.

This states that Venky’s can now fund Rovers. Venkys can send funds from India to the UK, to fund Rovers, is a lot different and again this has been used to obscure the truth, in my opinion.

I know we have covered this before, but it does not say that and given what it does say, why if Rovers are stating what they are, have they not made that document available? To actually say they can fund us without impediment is incorrect, if what has been posted before is correct, as there is an impediment, in that people believe it is on the basis that an equivalent amount has to be deposited in an Escrow type account. That in itself is a huge impediment. As already posted, the Rovers statement, is very cleverly worded, as it does not state they can send funds, it says, they can fund us. That could mean anything, as they can fund us form the money in the bank, future player sales, the Raya sell on fee and the future money from the sale of Adam Wharton, as well as season ticket money and the new sponsorship. If anyone is prepared to seek clarity, as the question "Can Venky's send funds from India to fund the running of the club, before the court hearing in August?". That will clear any ambiguity up and close the debate right down, but I do not believe they will state that.

Clubs could possibly be waiting for the outcome of the court hearing, to see if we are desperate or not, before putting in any bids. That could be another reason I guess for the ambiguous statements about the owners funding options.

Thanks Mike and that last paragraph is spot on. This is where the bluster and spin boils my blood, as making that statement, just shows how much contempt they have for the fans.

Let's face it, the ability to fund the club and the ability to send money from India to the UK are two vastly different issues, hence the confusion here and the phrase cleverly worded statement, being banded about. Throw the word should into the equation and no wonder there are conflicting posts on here about what is and what isn't fact. My understanding is, that they cannot send funds just now and it remains to be seen, if they will still be unable to, after the court hearing in August, should this take place. A statement along the lines of "The owners have confirmed that, despite the difficulties encountered in sending funds from India to fund the club, these problems have now been resolved, so they can now continue do so and will therefore send these funds as required". That's nice and clear, does not contain the word SHOULD and does mention funds being sent to the UK from India. I do not for one second believe they can issue a statement similar to that.

Hi Mike, I have no intention of being obnoxious here, I genuinely want to get this right, so would you mind posting what the club did actually state on this matter?

I think in his heart of hearts, Eustace knows only too well, that we are in big trouble this coming season. As we know from his statements made so far, he is happy to trot out the kind of stuff that keeps the Rovers officials happy and a certain number of fans too. I also, think he knows deep down that we will not be signing four of five quality players either. What he apparently stated last night at the Trust meeting about improving on last years finishing position says a lot and I guess reflects the approach we saw to games last year. He is on a hiding to nothing and with the propaganda still coming out of the club, sadly, he is only adding to it.