Blackburn Rovers Blog: Rovers must learn to be smarter in market (From Lancashire Telegraph)
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Blackburn Rovers Blog: Rovers must learn to be smarter in market
7:42am Thursday 31st January 2013 in Sport
By Andy Cryer, Blackburn Rovers reporter
BLACKBURN Rovers should not have to be embroiled in the chaotic last few hours of the January transfer window. The fact they are tells us everything about their recent past.
Manager Michael Appleton is spot on when he says he needs at least three new faces before the window slams shut this evening, as he attempts to bring some balance to Rovers’ large but unequal squad.
But you can imagine the club’s owners and money men banging their heads against their desks in frustration and wondering quite what happened to the significant outlay that was made in August.
The majority of the transfer fees that were spent in the summer have actually proved worthwhile, with Jordan Rhodes looking every inch the £8million striker is.
The £3m spent on Leon Best has yet to prove beneficial through no fault of the clubs but, with him nearing fitness, that could yet be good business.
Transfer fees aren’t the be-all-and-end-all though.
A closer look at the summer business and the amount of money currently being wasted in wages is actually frightening.
Venky’s funded the arrival of 12 new players in the summer, some on considerable wages, and you could count on one hand with fingers to spare the amount of successes.
We shouldn’t be surprised either.
Ever since Venky’s took charge they have been let down on the club’s transfer business, partly through their own fault in listening to the wrong people but also because of managers’ bad judgement and the influence of agents.
With the exception of Yakubu – and possibly Rhodes – it is difficult to see many other cases of astute transfer business.
Just a look at the squad list shows a list of names who have made no impact at the club.
Others, like Radosav Petrovic and Mauro Formica, have already been moved on with the club looking to shed many more, although high wages make this difficult.
You wouldn’t blame Venky’s if they simply said there is no more money, after two and a bit years of throwing it down the drain, but if the resources are available, Appleton has to stop the recent trend.
He needs to make sure the club finally starts getting value for money in the transfer market and he clearly knows that with the appointment of Luke Dowling as head of recruitment.
The club can’t afford many more rebuilds after this one, so fingers crossed Appleton gets it right.
He has already shown signs of knowing what is needed, we can only hope he delivers.
Comments(37)
Sherwoodforest
says...
8:29am Thu 31 Jan 13
as far as i was aware they made 21m from transfer trading???
millions of pounds have been wasted on paying up contracts and NDA's.
RoversSwiss
says...
8:30am Thu 31 Jan 13
Have to say it again unfortunately, pre Venkys the Rovers were in desperate financial trouble. If Venkys leave Rovers now we will almost certainly go bust, at least very quickly into administration. If they leave, Rovers will be an ex-football club, they will be deceased, they will cease to exist.
Agree completely with the previous post, MA needs to reduce the squad, the loss of Robinson, Formica and Vucevic will be no loss, not sure about the incomings.
Sherwoodforest
says...
8:36am Thu 31 Jan 13
Sherwoodforest
says...
8:37am Thu 31 Jan 13
Sherwoodforest
says...
8:43am Thu 31 Jan 13
good luck with that..
xrayspex77
says...
9:03am Thu 31 Jan 13
fitz808
says...
9:04am Thu 31 Jan 13
the trasnfer policy has been somewhat flawed and chaotic, but it's a simple fact that we will vary rarely be a club that spends more on players than it makes in sales.
we are the classic selling club in that we have a relatively small fanbase, are not particularly popular outside our catchment area, have a decent record in bringing players on, and are massively unlikely to allow an ambitious player to satisfy their desire for trophies. Kean's philosophy on recruitment did not pan out. i'm sure it was not a deliberate act, but it simply hasn't worked. Appleton now looks to redress the balance, and that seems sensible.
we can only really hope that we keep producing players that will be in demand, because that should also mean that during the time they are here, we will do well. however, by it's very nature, this means that whoever is in ownership will look like they are spending less than they are taking in. it wasn't so long ago that we were criticising the WT for not reinvesting cash for players like Duff.
fans seem to conveniently forget the amount that is spent on wages. a decent player will be on wages of close to £1m and more, so if you have a squad full of them, you quite quickly need to sell a heck of a lot of rovers mugs!!
glp
says...
9:09am Thu 31 Jan 13
The chicken farmer owners have ruined all that with their inept and pathetic attempts to run this football club. God knows how they run a successful business in India. They have shown they have NO idea how to run a successful football club. You can blame bad decisions by managers and "global advisors" all you want, but who are the idiots who employed these muppets to run the football club. The fault lies solely with Venkys. The buck stops with them they turned Blackburn Rovers into the circus that it as now become. They have promised much and delivered very little in the 2 years of their ownership
xrayspex77
says...
9:14am Thu 31 Jan 13
RoversSwiss wrote:Well said,spot on.
Still comments on these pages about asset stripping, find it hard to believe. Venkys are by far the championships biggest spenders. If anything they let Shebby waste a load of money on players that were never good enough. Have to say it again unfortunately, pre Venkys the Rovers were in desperate financial trouble. If Venkys leave Rovers now we will almost certainly go bust, at least very quickly into administration. If they leave, Rovers will be an ex-football club, they will be deceased, they will cease to exist. Agree completely with the previous post, MA needs to reduce the squad, the loss of Robinson, Formica and Vucevic will be no loss, not sure about the incomings.
fitz808
says...
9:15am Thu 31 Jan 13
xrayspex77 wrote:a truly great point! it's only a metaphorical window after all!! :)
Why does the window always have to 'slam shut?'
most of the footballing hyperbole we are subjected to nowadays is purely about selling more sky subscriptions. that's why we have trailers for matches described as 'Battles' whilst explosions go off in the background and an orchestra goes at it hammer and tongs!! i'm pretty sure there is no real need for sky to have a countdown on SSN starting from 30days, 23 hrs, 59mins, 59secs to go.
the coverage is certainly largely good and without it there would not be as many good players playing in this country, so i apply a nonsense filter to help me get through some of the more ridiculous aspects of their broadcasts. this basically involves distracting myself by humming the most bland sections of the coldplay catalogue and wearing dark glasses. it's like a temporary lobotomy.
Sherwoodforest
says...
9:17am Thu 31 Jan 13
everyone is entitled to an opinion, me you, andy bill taylor etc, etc, etc
only good champ players are on 20k a week btw, the majority are on nowhere near that amount.
venkys gross neglect and mismanagement is the reason BRFC are where they are now, nothing more nothing less, and that is my opinion..
You can gush and praise Venkys all you want, im not stopping you, happyclappers.com, either that or agenda ridden..
eddie the eagle
says...
9:27am Thu 31 Jan 13
peely
says...
9:31am Thu 31 Jan 13
fitz808 wrote:Thank you Mr Shaw !
unfortunately, Andy, i think your article (interesting and correct as it is) will simply lead to people banging on about the owners siphoning cash out of the club for evil plans of world domination.
the trasnfer policy has been somewhat flawed and chaotic, but it's a simple fact that we will vary rarely be a club that spends more on players than it makes in sales.
we are the classic selling club in that we have a relatively small fanbase, are not particularly popular outside our catchment area, have a decent record in bringing players on, and are massively unlikely to allow an ambitious player to satisfy their desire for trophies. Kean's philosophy on recruitment did not pan out. i'm sure it was not a deliberate act, but it simply hasn't worked. Appleton now looks to redress the balance, and that seems sensible.
we can only really hope that we keep producing players that will be in demand, because that should also mean that during the time they are here, we will do well. however, by it's very nature, this means that whoever is in ownership will look like they are spending less than they are taking in. it wasn't so long ago that we were criticising the WT for not reinvesting cash for players like Duff.
fans seem to conveniently forget the amount that is spent on wages. a decent player will be on wages of close to £1m and more, so if you have a squad full of them, you quite quickly need to sell a heck of a lot of rovers mugs!!
Is Eckersley playing?
says...
9:37am Thu 31 Jan 13
RoversSwiss wrote:Of course they are asset stripping. They started by getting rid of Big Sam within weeks of arriving and they have demolished a good squad to rubbish in just over two years. Open your eyes!
Still comments on these pages about asset stripping, find it hard to believe. Venkys are by far the championships biggest spenders. If anything they let Shebby waste a load of money on players that were never good enough.
Have to say it again unfortunately, pre Venkys the Rovers were in desperate financial trouble. If Venkys leave Rovers now we will almost certainly go bust, at least very quickly into administration. If they leave, Rovers will be an ex-football club, they will be deceased, they will cease to exist.
Agree completely with the previous post, MA needs to reduce the squad, the loss of Robinson, Formica and Vucevic will be no loss, not sure about the incomings.
fickle fan
says...
9:42am Thu 31 Jan 13
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
Racing Rover
says...
9:43am Thu 31 Jan 13
glp wrote:Totally agree!!! Well said.
Pre-Venkys John Williams and Tom Finn did an excellent job of keeping Blackburn Rovers in the Premiership with a very small budget, this small town club was one of the best run and respected teams in the top league of European Football.
The chicken farmer owners have ruined all that with their inept and pathetic attempts to run this football club. God knows how they run a successful business in India. They have shown they have NO idea how to run a successful football club. You can blame bad decisions by managers and "global advisors" all you want, but who are the idiots who employed these muppets to run the football club. The fault lies solely with Venkys. The buck stops with them they turned Blackburn Rovers into the circus that it as now become. They have promised much and delivered very little in the 2 years of their ownership
Sherwoodforest
says...
9:44am Thu 31 Jan 13
fickle fan wrote:yes.... built up over 6 years?
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
sell one player Jones= debt gone, bingo!
not rocket science is it??
To.guy
says...
9:50am Thu 31 Jan 13
Sherwoodforest
says...
9:50am Thu 31 Jan 13
Racing Rover wrote:spot on
glp wrote:Totally agree!!! Well said.
Pre-Venkys John Williams and Tom Finn did an excellent job of keeping Blackburn Rovers in the Premiership with a very small budget, this small town club was one of the best run and respected teams in the top league of European Football.
The chicken farmer owners have ruined all that with their inept and pathetic attempts to run this football club. God knows how they run a successful business in India. They have shown they have NO idea how to run a successful football club. You can blame bad decisions by managers and "global advisors" all you want, but who are the idiots who employed these muppets to run the football club. The fault lies solely with Venkys. The buck stops with them they turned Blackburn Rovers into the circus that it as now become. They have promised much and delivered very little in the 2 years of their ownership
inflightmagazine
says...
9:54am Thu 31 Jan 13
And just how much are QPR paying for him after complainints he was being over priced.
vicn1956
says...
10:24am Thu 31 Jan 13
srvp28
says...
10:37am Thu 31 Jan 13
RoversSwiss wrote:"Still comments (plural) on these pages about asset stripping..."
Still comments on these pages about asset stripping, find it hard to believe. Venkys are by far the championships biggest spenders. If anything they let Shebby waste a load of money on players that were never good enough.
Have to say it again unfortunately, pre Venkys the Rovers were in desperate financial trouble. If Venkys leave Rovers now we will almost certainly go bust, at least very quickly into administration. If they leave, Rovers will be an ex-football club, they will be deceased, they will cease to exist.
Agree completely with the previous post, MA needs to reduce the squad, the loss of Robinson, Formica and Vucevic will be no loss, not sure about the incomings.
Maybe on another page but certainly not on this one so why bring it up? Argument, self, phone box springs to mind.
jinkyjase
says...
10:44am Thu 31 Jan 13
fickle fan wrote:And next season we will be £65m in debt.
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
Dukes
says...
10:45am Thu 31 Jan 13
jinkyjase
says...
10:45am Thu 31 Jan 13
roverfor60years
says...
11:06am Thu 31 Jan 13
To.guy wrote:I agree with all that. And what about the catastrophic transfer policy? In the first place Kean must have been told which players he could and couldn’t play and which to get rid of – Emerton, Samba, Salgado, Nelsen and the rest. Secondly, Kean, who had the ear of Venky’s, must have made them aware that 'unknown' players were being shipped in without his knowledge or approval but still they condoned it. Yes, they are culpable.
Andy you say we wouldnt be able to blame Venkys for saying enoughs enough after shelling out money under the bad management of Steve Kean. Well yes we can and should blame them. They are solely responsible for installing a man with no management experience, who clearly was out of his depth, despite majority consensus that an experienced manager stubbornly stuck with him, who led us to relegation and then maintained him as manager beyond that disastrous event. They then had to waste money on compensation to Kean and Allardyce and Berg. All their own poor judgement and mismanagement.They are definitely to blame so they now need to back Appleton to correct those humongous mistakes? I want them to have that opportunity and to get the club back on a stable footing but to make out like they should rightly think they have done their bit is incorrect.
However, let’s hope they have learned a painful lesson and come to their senses. But the wreckage is there for all to see and it’s going to be a long, hard road to repair the damage they have inflicted on the club.
If they set out wanting to reduce the wage bill and get the club onto a more sound financial footing why didn’t they give the highly respected management team they inherited that task instead of bringing ridicule on themselves with their crass mismanagment?
buckoff
says...
11:40am Thu 31 Jan 13
Sherwoodforest wrote:By this comment I take it you didn't go to school. Even though I dislike what Venkys have done. They have certainly put in a lot of money. If there was money to be made out this club it would be still owned by the Walker trust. Uncle Jack had to pump millions in to keep it afloat. There is no such thing as a profitable football club. Only the footballers make money out the clubs.
two and a bit years of throwing money down the drain??
as far as i was aware they made 21m from transfer trading???
millions of pounds have been wasted on paying up contracts and NDA's.
fickle fan
says...
11:47am Thu 31 Jan 13
Sherwoodforest wrote:Debt is Debt 20m was owed by the wt, not rocket science, the asset stripping started with the sale of the club
fickle fan wrote:yes.... built up over 6 years?
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
sell one player Jones= debt gone, bingo!
not rocket science is it??
Sherwoodforest
says...
11:48am Thu 31 Jan 13
buckoff wrote:A) don't insult me as I haven't insulted you.
Sherwoodforest wrote:By this comment I take it you didn't go to school. Even though I dislike what Venkys have done. They have certainly put in a lot of money. If there was money to be made out this club it would be still owned by the Walker trust. Uncle Jack had to pump millions in to keep it afloat. There is no such thing as a profitable football club. Only the footballers make money out the clubs.
two and a bit years of throwing money down the drain??
as far as i was aware they made 21m from transfer trading???
millions of pounds have been wasted on paying up contracts and NDA's.
B) they have put player profits back in, however the operating costs have been astronomical in comparison to the previous regime.
They needed the 21m transfer surplus just to turn the club over for 18 months, ????
Don't bother commenting if you are going to stoop to silly, childish insults.
Sherwoodforest
says...
11:54am Thu 31 Jan 13
fickle fan wrote:Where did I mention asset stripping??
Sherwoodforest wrote:Debt is Debt 20m was owed by the wt, not rocket science, the asset stripping started with the sale of the club
fickle fan wrote:yes.... built up over 6 years?
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
sell one player Jones= debt gone, bingo!
not rocket science is it??
They've been badly advised, wasted tons of money, sacked all the wrong people, sold players to cover operating losses, and brought in dross to replace premier standard players.
And now they are on their second cull of the squad.
20 years of 'Arte Et Labore' wiped out in a little over 2 years
fickle fan
says...
12:30pm Thu 31 Jan 13
Sherwoodforest wrote:20m od dosent make a soundly run club, the wt were losing money then took money out,
fickle fan wrote:Where did I mention asset stripping??
Sherwoodforest wrote:Debt is Debt 20m was owed by the wt, not rocket science, the asset stripping started with the sale of the club
fickle fan wrote:yes.... built up over 6 years?
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
sell one player Jones= debt gone, bingo!
not rocket science is it??
They've been badly advised, wasted tons of money, sacked all the wrong people, sold players to cover operating losses, and brought in dross to replace premier standard players.
And now they are on their second cull of the squad.
20 years of 'Arte Et Labore' wiped out in a little over 2 years
Is Eckersley playing?
says...
2:07pm Thu 31 Jan 13
bburnrover
says...
2:33pm Thu 31 Jan 13
The Venkeys should listen to public opinion a bit more and save themselves millions they should have heeded the fans when they sacked Allardyce by getting O'Neil or similiar types of manager with experience of the all important transfer market, Kean was a disaster,Shebby still is a disaster,Berg could have been good,Appleton is looking to low and should look for class not lads he has worked with before. Ince and Kidd were other useless managers without a clue of what constitutes a good player,Kenny was middling and had lots of money but best of all was Mark Hughes he was brilliant and made the club a fortune on the players he brought in.
Is Eckersley playing?
says...
3:20pm Thu 31 Jan 13
Is Eckersley playing? wrote:Umm. Thomas (allegedly) from West Brom. See above!
Well, here we are half way through the last day of another transfer window. Can't see much hope left of £5 mill for anything materialising today, can you? Yet another promise cynically broken by you know who. Lets see what we end up with at 11pm, will it be young kid(s) or cast-offs? I tell you what it won't be. Players to get your pulse racing or equipped for premiership football next season, or any season sometime soon. Ambition? aspiration? Forget it.
Stone Island:
says...
4:53pm Thu 31 Jan 13
fickle fan wrote:£20m in debt, or over drawn, is NOTHING to an established PL club. We had assets way above that amount. If that debt would have been called in, there wouldn't have been a problem. Now it's a totally different ball game. We still have the same amount of debt/overdraft, but we're in the championship and have a massively reduced income, and few saleable assets, and apparently hemorrhaging £2m per month.
Sherwoodforest wrote:20m od dosent make a soundly run club, the wt were losing money then took money out,
fickle fan wrote:Where did I mention asset stripping??
Sherwoodforest wrote:Debt is Debt 20m was owed by the wt, not rocket science, the asset stripping started with the sale of the club
fickle fan wrote:yes.... built up over 6 years?
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
sell one player Jones= debt gone, bingo!
not rocket science is it??
They've been badly advised, wasted tons of money, sacked all the wrong people, sold players to cover operating losses, and brought in dross to replace premier standard players.
And now they are on their second cull of the squad.
20 years of 'Arte Et Labore' wiped out in a little over 2 years
If whoever our debt is to, were to call it in, I suspect Venky's would put BRFC into administration, and we'd become another Portsmouth.
fickle fan
says...
6:10pm Thu 31 Jan 13
Stone Island: wrote:So having 20m debt with the wt taking money out is not a prob but having owners who have funds to support a club is, where is the evidence that venkys are going to put brfc in admin, Is this what is contained in the Glenn Mull Brag dossier because if you have knowledge that the venkys have a secret plan to put brfc in admin I would take it to the taxman because that would be fraud, the brag pr accounts are out in force
fickle fan wrote:£20m in debt, or over drawn, is NOTHING to an established PL club. We had assets way above that amount. If that debt would have been called in, there wouldn't have been a problem. Now it's a totally different ball game. We still have the same amount of debt/overdraft, but we're in the championship and have a massively reduced income, and few saleable assets, and apparently hemorrhaging £2m per month.
Sherwoodforest wrote:20m od dosent make a soundly run club, the wt were losing money then took money out,
fickle fan wrote:Where did I mention asset stripping??
Sherwoodforest wrote:Debt is Debt 20m was owed by the wt, not rocket science, the asset stripping started with the sale of the club
fickle fan wrote:yes.... built up over 6 years?
Sherwoodforest wrote:they where overdrawn by 20million
pre venkys the club were in desperate financial trouble?? are you high?, they lost between 1.3 and 3.3m p/a under the walker trust you fecking idiot
sell one player Jones= debt gone, bingo!
not rocket science is it??
They've been badly advised, wasted tons of money, sacked all the wrong people, sold players to cover operating losses, and brought in dross to replace premier standard players.
And now they are on their second cull of the squad.
20 years of 'Arte Et Labore' wiped out in a little over 2 years
If whoever our debt is to, were to call it in, I suspect Venky's would put BRFC into administration, and we'd become another Portsmouth.

thresholdweller says...
8:24am Thu 31 Jan 13