Premier League cash windfall makes life tougher for Blackburn Rovers, sayd Rathbone (From Lancashire Telegraph)
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Premier League cash windfall makes life tougher for Blackburn Rovers, sayd Rathbone
10:02am Friday 15th June 2012 in Sport
By Andy Cryer, Blackburn Rovers reporter
MICK Rathbone believes the Premier League’s £3billion cash windfall has raised the stakes in the Championship next season – but has warned Blackburn Rovers their dreams of an instant return have only got tougher.
The English top flight’s next TV deal, starting in 2013, has risen to a record £3bn over three years – a 71 per cent increase – after BT bought a large slice of televised football rights.
Former Ewood defender Rathbone admits Rovers’ Premier League drop now appears even more costly than it did before and believes a long line of clubs will now be planning to ‘take a little gamble’ on reaching the ‘promised land’.
The new deal equates to at least £14m more per year for each football club, with the bottom team in the league from 2013-14 onwards likely to receive more than the £60.6m Manchester City earned this year for ending the season as champions.
Rathbone said: “The numbers you are talking about are absolutely crazy. Every time you think it can’t get bigger, it does.
“You can imagine Rovers owners, and the money men of the other relegated clubs, looking at that deal and thinking ‘what have we done’.
“The Premier League has always been where the money is but the money you are talking about here is scary.
“Any owner would be rubbing their hands with glee at the prospect of getting that sort of money.
“Rovers would be desperate to get back in to enjoy that sort of money but I hope they know they face a very, very difficult job.
“Rovers will of course be eyeing up that money, but so will the owners of the likes of Leeds United, Sheffield Wednesday and Cardiff. Everyone’s eyes will have been opened a little wider by that.”
The first TV deal of the Premier League era was worth £304m over five years. Under the new deal, clubs will be guaranteed £3bn from live rights, plus £180m from the BBC for Match of the Day.
And Rathbone knows the rewards on offer to those in the Premier League will only increase the gap between them and the ‘rest of football.”
“The difficulty is the rich are getting richer and the rest have their faces pressed up against the window looking in,” said Rathbone.
“I know the Financial Fair Play is being brought in to stop clubs spending beyond their means but there are ways around that.
“I wouldn’t be surprised to see some Championship clubs considering throwing a bit more money at trying to get into the Premier League, with the rewards bigger than ever before.”
Rathbone, who made more than 300 appearances for Rovers between 1979-87, is no stranger to the Championship having worked at Coventry and Preston at that level in the past.
He said: “I have really enjoyed my experience of the Championship. The difference between this league and the Premier League is that anyone can beat anyone on their day.
“That is where Blackburn Rovers are going to find it tough. Every single game is a real battle and the money on offer for the teams who come out on top is only going to make it tougher.
“It comes down to who performs on the day. It is very difficult to predict who will do well. The team that is the best prepared generally are the teams who do well.”
Meanwhile members of the Blackburn Rovers Action Group met with the FA yesterday to discuss their concerns over the running of the club.
Group chairman Glen Mullan, said: “It went very well again. They have taken our information and will go away and look into it all.”
Comments are closed on this article.

Comments (143)
10:11am Fri 15 Jun 12
thresholdweller says...
So that's OK. I am sure that we will be well prepared - or we will get well prepared at the beginning of August - perhaps - hmmmm.
10:12am Fri 15 Jun 12
Cha'mone MF says...
.....welcome to the table chumps.
10:13am Fri 15 Jun 12
jaysay says...
10:13am Fri 15 Jun 12
Jack Herer says...
Incompetant or corrupt are the only conclusions therefore.
With the only question remaining; why are they still not doing anything? Incompetant or corrupt?
Incompetance can only be used as an excuse for so long surely.
10:17am Fri 15 Jun 12
Jack Herer says...
You know that in your heart and you have to live with that.
I'm guessing that's why you're here acting like a goon. This, tragically, is as good as life gets for you.
10:19am Fri 15 Jun 12
Cha'mone MF says...
10:21am Fri 15 Jun 12
Harwoodstblue says...
10:24am Fri 15 Jun 12
alfa111 says...
10:26am Fri 15 Jun 12
benal13 says...
10:30am Fri 15 Jun 12
tiojo says...
10:32am Fri 15 Jun 12
Cha'mone MF says...
10:36am Fri 15 Jun 12
Harwoodstblue says...
.
Keep eating the corned beef.
10:39am Fri 15 Jun 12
Jack Herer says...
Has life been crap for you, forever living in the shadow of better town, always wishing you were as good as us?
Your pressence here on the Rovers pages suggests so.
10:39am Fri 15 Jun 12
Rovers 1495 says...
Can you really ? Well that makes one of us. They haven't got a clue.
10:42am Fri 15 Jun 12
Chico! says...
Set of Heathens...
10:43am Fri 15 Jun 12
A Darener says...
10:47am Fri 15 Jun 12
fickle fan says...
10:47am Fri 15 Jun 12
randompenguin says...
Don't feed the troll!
10:47am Fri 15 Jun 12
Cha'mone MF says...
And to top it all off after the laboured performance Martin Olsson is going to put in against England tonight the best offer you'll get for him will be a jar of pickled eggs and a book of green shield stamps.
10:51am Fri 15 Jun 12
Harwoodstblue says...
.
When they bought the club they admitted they knew nothing about football, but through their arrogance thought they could do better than those who knew the game.
.
They deserve everything they're getting and more.
11:18am Fri 15 Jun 12
BlueSkies says...
Just how much they have let slip through their fingers? As Darener said, if only they had listened to the fans.
LMAO!
11:20am Fri 15 Jun 12
A Darener says...
But the Fans don't! Whatever a Dingle may say.
There but for the grace of God and all that!
11:28am Fri 15 Jun 12
benal13 says...
11:32am Fri 15 Jun 12
Prophil says...
11:37am Fri 15 Jun 12
Roverthere says...
11:48am Fri 15 Jun 12
alfa111 says...
12:02pm Fri 15 Jun 12
Harwoodstblue says...
.
He's so **** sure of himself, he knows he can't be sacked.
.
I think Glen Mullen and BRAG are doing a fine job behind the scenes to expose this lot and they're running scared, hence the silence.
.
It will all come out in the end.
12:12pm Fri 15 Jun 12
P888HOW says...
Come on Andy Cryer,do something for Blackburn rovers fans and the town ,get digging the dirt and report anything you find.
12:20pm Fri 15 Jun 12
thetop5 says...
I know they have made in investment in football in India, but there is no other logical reason why they would keep anyone as incompetent as Kean.
12:25pm Fri 15 Jun 12
stick to football says...
To those who gave them the benefit of the doubt that they would act - the proof is there no actionb no idea no integrity.
As for the money they dont deserve it - hope they are satisfied because the longer it goes on the moore the conspiracy theory starts to be believed - Get out now or do something
12:28pm Fri 15 Jun 12
A Darener says...
We must hope that the majority of fans despite their obvious disappointment at missing an opening fixture, some for the first time in decades keep to their promise of not attending matches whilst SK's still in charge.
That will show the owners that we are serious in our intention of not put a penny more into their coffers.
12:33pm Fri 15 Jun 12
givet82 says...
12:33pm Fri 15 Jun 12
givet82 says...
1:07pm Fri 15 Jun 12
ivegillian says...
Still not a word from our new "general manager/communicatio
ns director" despite the fact that -
- local MPs are expressing their concerns directly to the FA - and they are listening
- the Sports Minister has been presented with a comprehensive perspective of the shambles you are now presiding over - and he apparently was listening also
- the Premier League have been made aware of the concerns the fans have - and seemed to have listened as well
- our single major sponsor and others are initiating a seemingly well organised attempt to take back control of the club on behalf of the fans
- your manager and the club apparently face legal proceedings
- many of the players seemingly want to leave the club
Obviously some or possibly all of these issues may result in nothing but surely something approaching concern must be registering with your employers and presumably yourself.
The sad fact is that the little we know of you Mr Agnew does not lead us to believe that you will be able to orchestrate and deliver a set of solutions that will appease the vast majority of supporters.
The mere fact that you have a seemingly strong association with the person who has the title - but does not deliver on the responsibilities - of 'manager' of the team - Mr Kean - will remove every shred of credibility you believe you may have in the eyes of the supporter and that will remain until that man gets the rewards he truly deserves - wake up to that fact Mr Agnew.
-
1:10pm Fri 15 Jun 12
fickle fan says...
1:16pm Fri 15 Jun 12
alfa111 says...
1:26pm Fri 15 Jun 12
fickle fan says...
1:26pm Fri 15 Jun 12
Bombay Duck Club says...
1:28pm Fri 15 Jun 12
alfa111 says...
1:33pm Fri 15 Jun 12
Sam-the-Man says...
DKO
1:36pm Fri 15 Jun 12
bring back the good old days says...
It is quite obvious to anyone that Kean, even though not officially announced, is still to be manager of BRFC for the foreseeable.
They/he has used the term 'the manager' and in this context and at his present time does mean Kean. This does not mean he is supported or welcomed, but is an acknowledgement of fact.
I think we can all agree that the gist of this; 'we need serious investment into the playing staff' is undeniable. Having said that this does not imply that this will give us the edge to garner us with promotion. But, without it, it would certainly mean we would not be challenging.
Yes a new manager would be nice, but it is looking very unlikely at this point in time.
As for the loss of increased revenue from the Prem 'gravy train', this is going to be more severely felt in the coming decade as things continue to go from bad to worse, in part affected by the continued chaos in the financial world.
Venkys will take the initial hit, but BRFC will sustain the severe long term impact.
1:38pm Fri 15 Jun 12
Lancs - pensioner says...
Could not have put it better, this news had made my day knowing the Venkys have lost millions MORE because of their loyalty to Kean and Anderson, as one blogger on here has already stated they are either incompetent or corrupt, In my opinion its defiantly the second.
Ha ha ha ha made my day, millions down the drain millions and its all down to you Kean.
Let’s keep the pressure on Fans
No to buying any ST
No to buying any Merchandise
Not until Kean is sacked.
The tide is slowly turning!!
P.S. Has Myles Andersan played a game for BRFC yet, with great three year contract surely he has?
1:40pm Fri 15 Jun 12
fickle fan says...
Just to make it easy for you , a simple question just list what assets have been sold so we all are very clear what you mean
1:55pm Fri 15 Jun 12
alfa111 says...
1:58pm Fri 15 Jun 12
benal13 says...
2:02pm Fri 15 Jun 12
fickle fan says...
2:06pm Fri 15 Jun 12
benal13 says...
2:09pm Fri 15 Jun 12
fickle fan says...
2:10pm Fri 15 Jun 12
alfa111 says...
2:13pm Fri 15 Jun 12
MxMave says...
2:19pm Fri 15 Jun 12
fickle fan says...
+ I raised a point about assets you don`t seem to be able to state what assets you mean, the you threaten WOW
just answer the question what assets are you on about simples
2:22pm Fri 15 Jun 12
fickle fan says...
+ I raised a point about assets you don`t seem to be able to state what assets you mean, then you threaten WOW
just answer the question what assets are you on about simples
2:26pm Fri 15 Jun 12
BlueSkies says...
A bit like winning the lottery then the dog chews up and eats the ticket.
Is this what some folk call KARMA?
2:28pm Fri 15 Jun 12
Rovers 1495 says...
2:30pm Fri 15 Jun 12
alfa111 says...
2:34pm Fri 15 Jun 12
DaBoss says...
Venky's are incompetent at running a football club and were and still are, badly advised. They aren't asset stripping demons and they HAVE reduced the wage bill and the in turn created a much more sustainable business, but at the cost of relegation and losing experienced players and the fan revolt.
Was it the right decision? It certainly doesn't look like it, especially in light of the extra PL revenues, granted this could not have pre-empted. but the damning evidence of incompetence has been demonstrated more clearly SINCE relegation, with the admittance of the owners that they didn't know you could be relegated and then the "confusion" along with lack of any preparation for the new season and the season ticket debacle.
2:40pm Fri 15 Jun 12
DaBoss says...
Its the WAY it happened, the speed it happened and WHY it happened.
2:40pm Fri 15 Jun 12
fickle fan says...
2:42pm Fri 15 Jun 12
benal13 says...
2:46pm Fri 15 Jun 12
bring back the good old days says...
2:51pm Fri 15 Jun 12
alfa111 says...
2:56pm Fri 15 Jun 12
bring back the good old days says...
Jones was always moving on. Samba was always looking for a bigger team/salary. Niko had got fed up of being a ball.chasing front man.
To many, me included, it had all the hallmarks of 'our time was up', as with these (by admission) 'rookies' in charge in the big boys league there was really only one way we were going.
2:58pm Fri 15 Jun 12
angryandy says...
2:58pm Fri 15 Jun 12
A Darener says...
2:59pm Fri 15 Jun 12
bring back the good old days says...
3:00pm Fri 15 Jun 12
A Darener says...
3:04pm Fri 15 Jun 12
fickle fan says...
Samba wanted to go, he wanted to go before as was well documented, trying to make him stay does not sound like cashing in. ST has spent 20m on new players, Explain to me how does that sound like some one trying to profit
3:07pm Fri 15 Jun 12
Harwoodstblue says...
3:09pm Fri 15 Jun 12
alfa111 says...
3:17pm Fri 15 Jun 12
DaBoss says...
Asset stripping would be selling the players with the motive of financial benefit, which clearly with the reduction of the wage bill, clearing of debts and funding of new players does not allude to.
Was it the case? Only they know. to believe that is as fact is choice, to state it as fact and ridicule others for not believing it is being 'fallacious' to say the least.
(Toilet paper word of the day - woohoo used in a sentence!)
:)
3:20pm Fri 15 Jun 12
DaBoss says...
3:22pm Fri 15 Jun 12
fickle fan says...
3:24pm Fri 15 Jun 12
alfa111 says...
3:30pm Fri 15 Jun 12
alfa111 says...
3:30pm Fri 15 Jun 12
French Rover says...
3:33pm Fri 15 Jun 12
alfa111 says...
3:36pm Fri 15 Jun 12
fickle fan says...
Quote "The assets sold being ?"
the forum doesn't lie
your answers don't relate to the question I raised so this makes having a conversation very difficult.
Whilst it is very true that you can sell off an asset to pay off a debt it would also be true that you can sell an asset and replace it with another asset
3:39pm Fri 15 Jun 12
DaBoss says...
Its FFFFrrrridddaaaayyyy
!
3:44pm Fri 15 Jun 12
fickle fan says...
3:47pm Fri 15 Jun 12
benal13 says...
3:52pm Fri 15 Jun 12
alfa111 says...
3:57pm Fri 15 Jun 12
bring back the good old days says...
I agree there were five poor teams in the mix, but not totally convnced we could have ended up fourth/fifth worst.
The whole 'set up' by Venkys at Ewood is wrong.
3:57pm Fri 15 Jun 12
alfa111 says...
4:00pm Fri 15 Jun 12
Hippocroccapig says...
Ha ha ha - get a grip
4:00pm Fri 15 Jun 12
Cha'mone MF says...
4:08pm Fri 15 Jun 12
alfa111 says...
4:09pm Fri 15 Jun 12
fickle fan says...
4:09pm Fri 15 Jun 12
Road Runner Road Runner says...
The attempt at trimming the business whilst hoping to retain Premier status as failed miserably.
Added to matters is that lessons have not been adhered to and, still, as we all know, see's Kean still haunting the corridors of Ewood with a record that any other person of repute would have quit.
Asset stripping ? My view, the club is a skeleton !
In a perverse sort of way I hold out a hope that Venky will now begin the process of putting Humpty back together again but, as I say, that is kind of perverse !
Venky did state that BRFC was it's 'baby' and, looking at the affairs down at EWOOD it most certainly stacks up.
If you attempt to speak with it it then wails or picking it up results in it pooping all over you The brat is a constant nightmare !
I truly fear for the future of BRFC.
Here is hoping ?
Arte et labore
4:11pm Fri 15 Jun 12
roverfor60years says...
We have fallen off the cliff. I fear the damage Venky’s have wreaked on us, both on and off the field, is irreparable and they show no signs of making any effort to get the club back on track.
Five critical weeks of virtual silence and inactivity, with pre-season preparation now virtually upon us. Four abysmal decisions so far – the elevation of the press officer, the imminent arrival of Shebby the TV pundit, the removal of John Newsome and the apparent retention of Steve Kean – which are just as misguided as all the preceding ones and which give no cause for optimism.
Desai once said her father told her when she took over from him that she had to get seven out of ten decisions correct. So far she has not got one right here.
I think Mick Rathbone is right. There is going to be an even bigger scramble by clubs to get into the Premier League now and the successful ones will have to invest more heavily than ever before to do it. In that scenario we are going to be left among the stragglers, sinking deeper and deeper into obscurity – unless there is some unexpected salvation.
If Venky’s have an ounce of business acumen, they will sell the club without delay for whatever they can get and bank their profits, because soon it will be weighed down in debt, not worth a bean and they will be forced to walk away in disgrace.
On a wider scale, the TV deal just announced is plain crazy. Greedy players will be even greedier, squeezing clubs even harder, and the game in this country is now ripe for plucking (no pun intended).
Crooks already have their fingers in the pie and if the Mafia aren’t already here they soon will be.
The football authorities need to open their eyes to the dangers. Italy has already sounded the alarm bells and they will ignore the looming catastrophe at their peril.
4:15pm Fri 15 Jun 12
Road Runner Road Runner says...
Arte et labore
4:19pm Fri 15 Jun 12
Cha'mone MF says...
4:20pm Fri 15 Jun 12
StLedge says...
4:24pm Fri 15 Jun 12
cs1717 says...
" This ground
is coming like a ghost town
Fans won't come no more
too much .......????
As you can see we are stuck and are in need of your assistance .Any ideas ?
4:24pm Fri 15 Jun 12
StLedge says...
4:26pm Fri 15 Jun 12
StLedge says...
4:29pm Fri 15 Jun 12
Harwoodstblue says...
4:29pm Fri 15 Jun 12
roverfor60years says...
4:34pm Fri 15 Jun 12
alfa111 says...
4:38pm Fri 15 Jun 12
J.C - Rishton says...
.
Firstly you keep banging on about "clearing our debt" - why have they done this ? - because they changed BANKS, no other reason.
.
Venkys continually REFUSED to clear their dept/put money in that Barclays required and Paul Hunt advised.
.
In the end Barclays simply could not work with Venkys (see limiting our bank overdraft that came in 1st Jan 2012).
.
In the end Venkys have now banked with Bank of India but back in India - not even a UK branch - so they cleared our over-draft off with Barclays because they could hardly close their account whilst having £5 or 6m outstanding could they.
.
Will Bank of India allow Venkys an overdraft on its Rovers account - of course, otherwise they simply wouldnt have opened an account with them - how large will this o/d become - none of us know.
.
However, if you are trying to argue that Venkys have put us on a better financial position then you are simply clinging to the "we don't have an overdraft now" like a drowning man grasping at straws.
.
Any football economist will tell you that clubs drop between £20-£25m in total revenue once relegated from the PL. Most of this is TV money. Also Rovers season ticket and CORPORATE sales have virtually colapsed so you can guess we are nearer the £25m than the £20m.
.
So Venkys have got us relegated by selling our best players and reducing the wage bill but this is pretty much irrelevant as simple maths shows you that we are financially much worse off and in a lower division.
.
Like I said, nothing wrong with trying to be positive but don't try to do it by only telling half the financial story, otherwise you just end up sounding like Steve Kean.
4:39pm Fri 15 Jun 12
benal13 says...
4:51pm Fri 15 Jun 12
alfa111 says...
4:53pm Fri 15 Jun 12
J.C - Rishton says...
.
Off the field, we continue to be a complete and utter shambles and financially, its hard to really know how bad things are but I very much suspect that virtually ALL payer sales from this window will go to plug the shortfall in our accounts and non on player purchases which will, in turn will mean a long hard struggle against relegation with a very thin squad and inept manager.
.
I honestly think that ALL the "B" are gonna struggle in the championship this season -
I predict Blackburn, Blackpool, Burnley, Barnsley and Bristol City will ALL be in the bottom half of the division come the end of the season.
(and before Burnley fans come on having a dig for me putting them in this group) I think Burnley finished mid table last season and have now sold their best player so straight away they have a tougher job and also they have had an £8m reduction in their TV income - a fact that never seems to get mentioned by Burnley fans but must have an impact on their playing staff/situation. They have also just signed a non-league youngster (I'm sure they'll sign some more sesoned players as well) but it hardly smacks of "ambition", espectially when Cardiff anounced only last week that their owners will be investing £100m in club infra structure and players.
4:56pm Fri 15 Jun 12
roverfor60years says...
I wonder if Bank of India are concerned about a default on the debt, just as Barclays were? At the last count I believe our debt was over £26 million.
5:10pm Fri 15 Jun 12
stick to football says...
http://www.timesands
tar.co.uk/sport/john
-fuller-football-1.9
23832/cowardly-venky
-s-to-blame-for-blac
kburn-chaos-1.952653
5:25pm Fri 15 Jun 12
bring back the good old days says...
Does not take an accountant to work out the pitfall in that
6:04pm Fri 15 Jun 12
DaBoss says...
As I've said before, those who live in the aconspiracy and we're all doomed world need to maybe come to terms with the fact that the club was sold out and is no longer your concern, cern, as it matters little to the owners whether you believe they are working in the interests of the club or not.
Regardless of the efforts made by BRSIT and others, it is extremely delusional to believe the fans can ever own or run the club, you've more chance of Venky's asking the fans for advice (again).
I have to wonder J C Rishton and all those that believe that the club is headed for destruction and that its all over, why are you still here? if you really believe that the club is a goner, surely you've better use of your time concentrating on a club/team that isnt mistreating the fans the way you lot keep going on about?
Unless you are really that deluded to believe that Venkys will eventually hand over the club to the fans or end up in administration to be bought back.. in which case even that was remotely possible, it would be years away.
There seems to be a last of the summer wine grump brigade on here that just loves to lament over and over again about how they are being mistreated as fans and how its all over for Rovers... and then you wonder why dingles love coming on here to have a pop at the easy targets.
Its like shooting chickens in a barrel.
6:07pm Fri 15 Jun 12
DaBoss says...
6:12pm Fri 15 Jun 12
petemcglinn says...
An interesting article on Rovers in a Local Paper not too far from Lancashire
http://www.timesands
tar.co.uk/sport/john
-fuller-football-Jus
t read it, nice read and it's good that a neutral agrees with what most rovers fans have been saying for a long while.
RTID
6:15pm Fri 15 Jun 12
DaBoss says...
The only thing thats gone on here is bad management due to incompetence and bad advice by greedy agents (when have you known agents to be otherwise?) and possibly deliberate miscommunication and certainly of recent, lack of it.
Where we end up next season is in the hands of Venkys and what they decide to do next.
6:44pm Fri 15 Jun 12
BashirShah says...
If you're on an iPhone you should nt be having any problems posting.
Hope that helps.
6:44pm Fri 15 Jun 12
nontetleysdog says...
And if things were not bad enough it has come to light that you are skint and on the verge of recruiting one of the biggest crooks to ever come out of scotland in Colin ( i am not a conman honest ) Hendry.
6:54pm Fri 15 Jun 12
roverfor60years says...
7:00pm Fri 15 Jun 12
DaBoss says...
7:05pm Fri 15 Jun 12
fickle fan says...
please quote.!
also
roverfor60years wrote:
If Venky’s carry on as they have been doing, they will soon be counting their losses not their savings and profits
please describe what profit they have so far made from the club.
not just a random statement they have made profits.
also have a comment about who made a lot of money from the sale of BRFC
7:30pm Fri 15 Jun 12
DaBoss says...
7:33pm Fri 15 Jun 12
Harwoodstblue says...
.
It's the one with two BMW 4x4s parked next to it.
.
I needed a spare tyre for the BMW and when they told me the cost, I realised I could have bought a house next door to you for the same price.
7:38pm Fri 15 Jun 12
Harwoodstblue says...
7:41pm Fri 15 Jun 12
fickle fan says...
how have venkys made any money from BRFC
7:50pm Fri 15 Jun 12
Harwoodstblue says...
7:58pm Fri 15 Jun 12
fickle fan says...
roverfor60years wrote: If Venky’s carry on as they have been doing, they will soon be counting their losses not their savings and profits
If this comment cannot be backed up and show where the profits have been made why don`t you suggest that he gives it a rest.
8:12pm Fri 15 Jun 12
Harwoodstblue says...
8:19pm Fri 15 Jun 12
fickle fan says...
8:43pm Fri 15 Jun 12
Dr Zinc says...
Venkys have so far, sold the majority of Blackburns 'prized assets'; their best players and replaced them with cheap inferior ones
They have sacked experienced backroom staff and simply not replaced them
Now, this may well be a business model based around economising
but who gives a rats arse !
This is a footall club that is being driven into the ground
by very successful business people whom you label 'ill-informed'
There is just as much an argument for some of the more outlandish theories on here as their is your argument full of woolly pseudo-intellect concerned only with enhancing your self esteem through some sort of one-up-manship
10:44pm Fri 15 Jun 12
ossyrover1 says...
11:02pm Fri 15 Jun 12
fickle fan says...
rather than say something silly why not explain how venkys have made a profit
11:30pm Fri 15 Jun 12
French Rover says...
at any other time I would say that he would be a fair signing...
11:57pm Fri 15 Jun 12
whittaker0 says...
12:37am Sat 16 Jun 12
greenscreener says...
Probably is represented by our reserve defenders dad, using the media to influence public opinion is certainly his M.O.
1:22am Sat 16 Jun 12
Wockneys says...
There seems to be a strange passiveness with the way that 'DaBoss' sees events, and a bit of alarm at some of his mildy pro-Kean (or maybe not anti-Kean) comments that 99% of everyone else has.
Also, there are the double standards with which he criticizes those how are 'lamenting' Rover's decline, while he himself is lamenting the lamenters.
If we all offend you so much then go away.
7:40am Sat 16 Jun 12
ossyrover1 says...
7:54am Sat 16 Jun 12
fickle fan says...
I didn,t at any time suggest you said anything about the Venkys read my comment carefully I just asked a question, which still remains unanswered. So to repeat my post. "rather than say something silly why not explain how venkys have made a profit"
10:38am Sat 16 Jun 12
samsno2millfan says...
The player sales and comparative lack of investment in replacements - Desperate was the only significant outlay -should have helped them break even this year at least.
The drastic cost cutting exercise throughout the season suggests they made a bigger **** up of it than in the first ten months of their tenure when losses increased by 900+% to almost £19m
I maintain they have suddenly realised this football lark is an expensive and non-profit making business. They are afraid, quite rightly, they could lose a shed load of money. The potential for this to spiral out of control has increased dramatically with relegation and a 60-70% drop in income.
Staying up on the cheap was never going to happen - they should have realised that after the narrow squeek with relegation the previous year. But did they? No. They were not prepared to throw what they would consider good money after bad in a high risk policy to maintain the PL income; especially when they still see the club losing money, even in the PL.
So, what do you do? If you're not prepared to speculate to accumulate, the only way forward is to reduce costs, chief amongst which is staff.
It's pretty obvious Paul Hunt was not sacked for "financial reasons" as was claimed, more in a fit of pique following his damning letter, but it was a handy bonus.
Saying they want to keep the squad together is the equivalent to a marketing ploy. They will welcome
the reductions in the wage bill from the highest earning players jumping ship. They can always stand by their claim whilst blaming it on the player(s) insisting they play at the highest level or it being pointless keeping an unhappy player; the usual garbage.
I can't see the logic in the accusation they are in it to run off with the parachute payments. How does reducing the possible amount to run off with by 60-70% - that's 60-70% of a far greater amount with the new TV deal - constitute being a good idea?
They are just trying to avoid losing money. The total ineptitude they have shown has resulted in them having more reason to be worried - or "confused" as they would call it.
The figures would appear to be suggesting the losses have not decreased and the fire sale, combined with the culling of the staff, is well under way.
It is amazing they have presided over an unmittigated disaster using this corner shop, fingers crossed policy only to maintain and expand on it.
Shebby Singh for god's sake, Hendry if he turns up - legend whilst a player he may be but there are too many reasons not to sign him - principally football but plenty of baggage as well, Agnew of course, 7th Dan as ground manager and a cut price secretary, no doubt.
I fancy those hoping we get out of the Championship may have their wish granted.
10:43am Sat 16 Jun 12
ossyrover1 says...
11:06am Sat 16 Jun 12
Harwoodstblue says...
11:20am Sat 16 Jun 12
fickle fan says...
It would be easy to answer so rather than not allow someone to have an opinion which may differ from yours just have a look at the point I raised about how Venkys have made profit from their time at BFRC
11:27am Sat 16 Jun 12
fickle fan says...
It would be easy to answer so rather than not allow someone to have an opinion which may differ from yours just have a look at the point I raised about how Venkys have made profit from their time at BFRC and rather than suggesting "ignore" give me a sensible answer.
12:35pm Sat 16 Jun 12
fickle fan says...
To realize a profit , the club would have to be sold at a price that would exceed outlay + ongoing p&l or take money out of the club on an annual basis similar to what has happened at Blackpool, as over 20m was re invested in new players and action appears to have been taken to service the overdraft it is hard to see how any profit on investment has been made.
1:07pm Sat 16 Jun 12
fickle fan says...
to make it easy for you find me one of those old stories which show how Venkys have made a profit .
and please explain the relevance of me being a new or old poster,
and explain why asking on a forum if Venkys have made a profit is winding up Rovers fans
or just tell me yourself how they have made a profit because it would seem that you are the one who jumped onto the conversation but doesn`t seem to want to contribute to the topic being discussed
3:36pm Sat 16 Jun 12
samsno2millfan says...
They have realised that and are cutting any cost possible.
Making a profit is not their priority; it would be totally unrealistic, even they will know that by now. The are concentrating on minimising losses.
4:13pm Sat 16 Jun 12
fickle fan says...
Due diligence would have been carried out but nobody can give a value of a player an rely on the valuation to achieve profit. Players values continually change 3 in mind at rovers over the period of the sale are Junior, grella & jones
Junior wasnt in the team and looked to be on his way out even over the last year a value cannot be put on him because of his contract. Grella was in training at times so his value could only be judged if he had played, and jones despite having a get out clause would only be worth what sum one was prepared to pay, he also picked up a long term injury.
My point to all this is whilst there is ongoing claims of they have made profits or the only thing they came to do is make a fast buck I can`t see or haven`t seen a realistic suggestion on how with the money needed to invest in a club could give them profits.
Another point to look at when somebody buys a football club is that the money they use could have been invested elsewhere where returns are safe so when you add what they have spent at BRFC they will probably loose 3 to 4m pa on the money tied up so if they own the club for 3 years that loss would have to be recouped before they have a profit,
It was well documented that it took some time to find a buyer for the Walker trust , so I am very interested in how a profit is possible
4:29pm Sat 16 Jun 12
bypass06 says...
.com/events/31819652
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Everyone welcome to attend the,
Action group open floor meeting.
10:29am Sun 17 Jun 12
samsno2millfan says...
They were never particularly looking to make a profit.
If you recall they said they thought a £3-5m annual input would keep the club going - hardly a statement to make you think they were anticipating MAKING money.
No matter what we may think, looking at the previous years' figures, that is not as unrealistic a figure as it may have seemed. Of course, it would rely on responsible and capable management of the club; something which was in place but which they destroyed within a matter of weeks.
The problem would seem to be, to me, they saw losses sky rocket by £16.5m in the space of 10 months and panicked.
They are now desperately trying to avoid LOSING money NOT, and I repeat, just to make it clear, NOT, make money.
Sheesh!
12:20pm Sun 17 Jun 12
fickle fan says...