Rovers chief executive Steve Waggott says budget plans for next season will be ‘fleshed out’ during planned meetings with owners Venky’s in India.

Waggott revealed plans have already been drawn up for next season and will be discussed in more detail when a delegation from Ewood Park head to Pune this month.

Manager Tony Mowbray and finance director Mike Cheston, along with Waggott, will be among those involved in discussions as Rovers prepare for life in the Championship.

“Plans are afoot to go to India in the next couple of weeks,” Waggott said.

“We’ve been working on two budgets, one being in League One but obviously with the major eye on the Championship.

“Those discussions have already begun but need to be fleshed out for next season so we’ll be heading to India with a full portfolio of budgets with Tony Mowbray and seeing what we can realise for next season.

“There will be a delegation of three or four of us and we’ll be presenting our case for the Championship model as we deem fit under the financial fair play regulations and see what budget we can have for the squad and a transfer budget as well.

“Next season will be tough and hopefully we can have a stable platform to maintain Championship status and see where we go from there.”

Rovers secured promotion back to the Championship at the first attempt with victory at Doncaster Rovers last week.

They head into Saturday’s final home game of the season against Oxford United, where they will be backed by a crowd in excess of 20,000, with an outside chance of lifting the League One title.

Rovers spent around £1.5m in transfer fees in the two transfer windows this season, bringing in Bradley Dack, Dominic Samuel and Amari’i Bell.

The club accounts up to the end of the 2016/17 showed that Rovers lost £4m, with liabilities standing at almost £110m as they remain reliant on funding Venky’s.

And Waggott, who was appointed as chief executive in December, said of the owners: “The support they have given the club throughout, although it has not been reflected by success on the pitch which is what fans want to see, they have been really supportive.

“I have have seen it first hand, they have delivered everything that I have asked for.

“Obviously there has to be a modicum of business sense, it’s not just an open cheque book. We have to have a competitive squad but we’re under the constraints of financial fair play (FFP).

“It can’t just be a boom or bust model which some clubs have done, it’s got to be steady growth and I’m sure with the success of Tony and the team this season there will be a wave of optimism for next season and hopefully that’s with the ownership as well.”