That’s correct, that’s the company that owns the training ground, probably the final portion of the payment due to the club for the sale of the training ground. However, does this then mean that the restrictions on Venkys sending money to overseas group companies have been lifted? It would appear so.

I can’t see how at the moment the latest revelation changes anything. It appears that of the circa £220m that VHP have remitted to VLL to provide funding for BRFC, £3m or so of this money was actually remitted to another venture and not BRFC but this was not declared. The fact that the true destination of this £3m wasn’t declared is the issue here. It would appear that the remaining £217m or so has been properly allocated and although Indian Tax and Investment Law isn’t an area I know too much about I’d think there’s little the authorities can do on that. The value of assets being seized are pocket change to Venkys but the fact that the IG are seizing assets would suggest Venkys dispute their findings and therefore are refusing to repay these amounts, leaving asset freezing / seizure as the only way for the IG to get security for the alleged amounts owed.

I was surprised and a bit underwhelmed by this appointment, for me he was someone that is a familiar name but nobody was really aware of what he had actually done. After a bit of research coupled with the views of fans from his previous clubs I am a little more optimistic. It would appear as though this is a step up from Coyle, to be honest thought the only thing that matters is that he keeps us up, although I would really hope it turns into more than that. If he does, then a positive summer transfer window is needed and I just can't see that happening under Venkys.

Baffling appointment, I have a bad feeling about this one although I really hope he proves me wrong. Underwhelming to say the least, for me we may as well have stuck with Coyle as this offers no improvement over what we had, take into account he has brought no backroom staff and I think we are actually worse off. Also, anyone else find the "Head Coach" title slightly bizarre??