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Herbie6590

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Posts posted by Herbie6590

  1. On 29/09/2022 at 19:09, AllRoverAsia said:

    Whilst checking for Keith's age in 1970 I came across "The Keith Newton Story", a 60 page book published last year.

    https://www.toffeeweb.com/season/21-22/comment/general/41350.html

    Also in my wanderings this pic of Peter Dobing taking a shot at goal v ManU. Question is who was the dog playing for ....or was it the Referee

     

    Fdpg4H6X0AEujtj.jpeg

    I interviewed Rob Sawyer (the author) on here back in 2021…

    • Like 1
  2. 7 minutes ago, roversfan99 said:

    Do you think the interviewer was good? I thought he lacked knowledge and once he had asked a question, he moved on and never probed further for clarity.

    The crap about having a tight squad is a necessity because the budget isn't competitive enough to have an average sized squad.

    Every question was a closed question…

    • Like 4
  3. The panel reviews Rovers current predicament ahead of the international window considering in particular:-

    • How is John Eustace settling in ?
    • *That* Venky's statement...
    • International call ups - who has been unlucky to miss out when at Rovers?
    • When Rovers & weddings collide...

    Listen as host Roger Whiteside interrogates the panel of Stuart Grimshaw, Ian Herbert & James Marsh to get to the bottom of all things happening at Ewood..!


    https://www.brfcs.com/magazine/podcasts/the-'what-now'-show-no-statements...just-actions/49

     

    IMG_5358.jpeg

    Screenshot 2024-03-20 at 12.39.43.jpeg

    • Like 2
  4. 36 minutes ago, tomphil said:

    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.

    That and breaking FEMA regulations 

    • Like 1
  5. 2 hours ago, roverblue said:

    They seem the sort of owners who will flog the silver before finally selling or us going into admin. The question is if they have enough working cash to get us through till the transfer window opens. 

    In summer they can flog Sammy and a few other potentials for a few million. Then it would need to be the training ground like Readings owner is now doing.

    Then after that its administration I guess unless a buyer is found?

    We’ve already sold the training ground…and re-mortgaged it BTW

    • Like 1
  6. 2 minutes ago, joey_big_nose said:

    What is our mitigation?

    For any business that sees its income fall off a cliff, the immediate triage is cost-cutting &/or a fire sale of near-liquid assets to generate liquidity.

    So expect all saleable players to go in the summer & a series of lay-offs of administration staff & all discretionary spending to be put on hold.

    If the club’s directors can’t commit to a going concern statement in the accounts to the satisfaction of the auditors then logically administration must surely come into play…

    • Like 1
  7. 27 minutes ago, Miller11 said:

    I have long since stopped trying to figure out how Venky’s think. 

    One scenario might be that one of the directors makes a personal loan to Rovers in the interim. I’m sure Balaji and his siblings all have personal access to a good few tens of millions. It might be a viable way to get us through for a period of time, but probably not what they’d ideally want to do given they have funded it through the parent company.

    Are there any personal foreign exchange restrictions in India? Wouldn’t such an action be seen by the Indian courts as being inflammatory & potential prejudicial? 🤔

    • Like 1
  8. 34 minutes ago, bluebruce said:

    Didn't think about that. If we can't even offer Dolan the same terms we will lose him on a free rather than getting compensation.

    Don't the accounts get signed off if they're accurate and not suspicious, rather than because the club is financially secure going forward?

    No, there has to be a going concern statement in there

    IMG_5335.jpeg

    • Like 1
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