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The Lancashire Telegraph
News, sport and entertainment from all over East Lancashire
Singh insists financial position is healthy at Rovers (From Lancashire Telegraph)
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Singh insists financial position is healthy at Rovers
9:55am Thursday 13th December 2012 in Football
By Andy Cryer, Blackburn Rovers reporter
SHEBBY Singh has told fans that Blackburn Rovers are in a better position financially than most of their Championship rivals after rubbishing fears that failure to get promoted would be catastrophic.
Rovers’ accounts for the year ending June 2012 recorded an operating loss of £9.6million, before playing trading saw them post a profit of £4.3m, sparking concerns for the future.
Since then the club have lost significant revenue due to rele-gation, understood to be circa £25m including parachute payments, while they have splashed £8m for Jordan Rhodes and are believed to have one of the highest wage bills in the division.
But, speaking at a fans question and answer session hosted by BBC Lancashire last night, Singh insisted the club is in no danger.
He said: “My bosses are here for the long haul, there were reasons why they bought the club and it is a long term investment.
“What is rumoured and what is speculated is not always what it is.
“It depends on who you talk to.
“I am sat inside the club and I cantell you we are managing finances really well.
“If we do not get promoted we will still be able to sustain the team. We might lose one or two players but that is no different from any club.
“Financial health wise we are way better off than most clubs in the Championship.”
Singh also insisted Rovers have had plenty of interest from businesses wanting to be the club’s shirt sponsor this season but, with no-one yet in place, he labelled some of the offers as insulting.
“The reason we have not got a sponsor still is we will not allow people to insult us with what they are offering us,” he said.
“People think they can get us for peanuts but there is a price. It is not about the money, it is about what the club and the town is worth.
“I would rather keep the pride of the club and the town than sell for peanuts.”
Singh was quick to evade questions about the future of Henning Berg’s coaching staff as, while saying all would still be in their positions for Saturday, he declined to comment on their long-term futures.
It is understood changes will made imminently, with assistant manager Eric Black, goalkeeping coach Bobby Mimms and first team coach Iain Brunskill all believed to be in the firing line.
Global advisor Singh confirmed talks were held on Monday following Friday’s 4-1 defeat at home to Cardiff, but was quick to insist he has no influence in team selection.
He said: “We had a sit down, a brain storming – more storming than brains at times. That kind of performance is not tolerated and will not be in the future.
“There have been indications from Henning’s games to suggest he has got what is needed to move the team forward.
“We need to be consistent over 90 minutes and this can be challenging for the new man coming in.
“He is having to build a team here and it has been as difficult as expected but there is enough promise and I know this from my experience in football, that we are not far away.”
Singh also told supporters it was natural that January would see “comings and goings” but admitted no transfer targets had been discussed with Berg as yet.
Comments are closed on this article.

Comments (59)
10:01am Thu 13 Dec 12
Lancs - pensioner says...
10:10am Thu 13 Dec 12
Racing Rover says...
10:12am Thu 13 Dec 12
Rayzerisaloser says...
10:13am Thu 13 Dec 12
dangerous dave says...
It was awful and worrying listening to this man 'babbling on' - any real professional Football Management listening to Radio Lancs last night would have been horrified as I was in having this man 'front the club' - the circus continues on!!!!
OUT WITH SHAW AGNEW SINGH BLACK HENDRY VENKYS AND MAYBE BERG.
10:16am Thu 13 Dec 12
b12simon says...
10:31am Thu 13 Dec 12
brown cow warrior says...
INDICATIONS?????? Surely given the lengthy search for Kean's replacement there should have been CERTAINTY that he could move the club forward before he was appointed. INDICATIONS?????
What worries me as much as anything is that Berg is simply a replacement for Kean and not a substitute brought in for the purpose of effecting any meaningful change because so far the only change has been an even worse points tally than we had under Kean. Can anyone out there detect any fundamental change to the way things are at Ewood now compared to the way they were pre Berg?
10:47am Thu 13 Dec 12
French Rover says...
10:50am Thu 13 Dec 12
J.C - Rishton says...
"Going forwards, the club does NOT have enough revenue streams to cover its costs" - it is written by Venkys themselves in the accounts that have just been published !!
Why would you write such a line is you were "in a healthy financial state.
The accounts were quite plain for all to see - we are in a financial mess and unless we get an unlikely promotion or a cash influx from somewhere then things are going to get alot worse - thats what Venkys said themselves and what the figures actaully showed.
Shebby - its time to sod off back to Asia so we can get a professional CEO to lead us - you are just a know-nothing joker !
11:00am Thu 13 Dec 12
Harwoodstblue says...
Can we trust the owners ? Can we trust Singh ? Are they sincere ?
They complain about falling attendances but this lot will empty the ground before too long.
11:02am Thu 13 Dec 12
juanbbien says...
11:17am Thu 13 Dec 12
Harwoodstblue says...
How can we believe a word they say ?
Why Venkys silence ?
Why Venkys no show ?
Dubious account which can't be finalised ?
Singh evading the issues and changing the subject, rather than giving a honest, straight forward answer ?
What is it they're hiding ?
No wonder the empty spaces in the stands and soon to be even emptier.
11:17am Thu 13 Dec 12
Miss-You-Uncle-Jack says...
11:22am Thu 13 Dec 12
OnePostThenTheOther says...
11:28am Thu 13 Dec 12
1riversider says...
11:36am Thu 13 Dec 12
ChrisDeBerg says...
RTID
11:38am Thu 13 Dec 12
grimupnorth says...
What happened to Promotion or Die trying???
11:50am Thu 13 Dec 12
J.C - Rishton says...
Or is shebby still going to insist we are "dept free" as he did only 5 months ago.
11:59am Thu 13 Dec 12
moh says...
12:03pm Thu 13 Dec 12
moh says...
12:05pm Thu 13 Dec 12
steralc says...
Keep up the sterling work
We love you shabby we do
We love you shabby we do
Oh, shabby we love you
UTC xx
12:11pm Thu 13 Dec 12
Road Runner Road Runner says...
The very template BRFC built in running the club with Messrs Williams and Co was obviously a poisoned chalice for the likes of Venky thus they proceed to rip it up and start again. That in itself is no bad thing, but replacing the very fabric of a business doesn't involve trashing it beyond repair, and then attempting in glossing over the facts with NUTS is preposterous !
Dear to goodness stupid we may be, but fools we are not. If pain was/is to be inflicted then at the very least treat us with a little dignity and respect ?
Shebby is beginning in sounding bombastic with his attempts in glossing over this unprecedented 'fine mess we find ourselves in', said Laurel & Hardy !
Give Henning Berg the tools for attempting this grand vision you so blatantly adhere to or forever hold your tongues ?
BRFC needs men(or women) of substance, solid experience, respect, dignity - then again I'm possibly just dreaming, and that such a request will fall on deaf ears seeing as experience now informs us to the contrary.
Sick and tired of attempting in holding our club up in the ways that we see as fit and proper whilst behind the scenes bedlam ensues.
Dejected, rejected, utterly perplexed with these goings on.
Is it fine to hold out for a silver lining ?
Should I abandon my Beautiful Swan notion following only a get down deep and dirty philosophy ?
Whichever it may turn out to be I ask of only one request -
Please don't take my Rovers away !?
Arte et labore
12:13pm Thu 13 Dec 12
Harwoodstblue says...
12:18pm Thu 13 Dec 12
bburnrover says...
Why isnt the guy they put in charge of communications not speaking to the media? Surely someone with a brain cell would give a better response to questions that Mr Singh who seems to be totally lacking in the IQ department.
Have they given a written warning to our midfielders Lowe in particular for constantly passing back instead of playing through balls? Has Dann and Hanley for panicking every time a cross comes in?
I worked out the other day that Lowe actually passed forward twice in 180 mins play and I suggest if one midfielder does that then it is obvious why we aren't scoring goals as our strikers are constantly marked out of the game
its just Jordan's finishing prowess that gives us the odd goal at the moment.
12:20pm Thu 13 Dec 12
Dukes says...
VENKYS SELL UP YOU MONEY GRABBERS TIME TO SELL UP TAKE YOUR CLOWNS WITH YOU.
12:23pm Thu 13 Dec 12
Rayzerisaloser says...
12:29pm Thu 13 Dec 12
French Rover says...
1:04pm Thu 13 Dec 12
ChrisDeBerg says...
I am not going to say Berg is the greatest manager ever, his playing experience portfolio outweighs Black or Kean's, so he is the best manager we have had since BFS in my eyes. I really think he needs at least half a season after the transfer window and his own backroom before any judgement is passed, I said this when he took the job.
Singh? I don't rate one bit, he's the echo of dribbles that we have heard for the last 2 years.
Venky's? They are the problem. Full stop.
Grow a brain? Berg is awful? Tell you what pal, before you start running your mouth off buy a season ticket like I have, then you can call yourself a ROVERS FAN! You might actually learn something about football!
RTID
1:10pm Thu 13 Dec 12
GameRoverMan says...
1:11pm Thu 13 Dec 12
Road Runner Road Runner says...
A mixture of the two should see us through, and as for the Swan the poor bleeding thing I never envisaged it being put out of it's misery in this way - such is life, eh :) LOL
Arte et labore
1:42pm Thu 13 Dec 12
eddie the eagle says...
However in the days before Jack dark as they were the swan often flutered and lifted the spirits can you honestly say that in those days a win at Port Vale was any less satisfying than a win a anfield. We must lower our sights but never our dreams and hope that one day the nightmare will end.
The sad thing is what will be left and the real culprit will escape richer and care nothing, Venkys must go also but at least they will I believe leave poorer and regret the day they listened to agents bearing gifts.
2:14pm Thu 13 Dec 12
noirbrook says...
2:15pm Thu 13 Dec 12
George White Bread says...
Well I've been fishing around in my loft and I've found a few escudos and and brash washers I can donate and the odd dead moth.
2:50pm Thu 13 Dec 12
Ray Gunn says...
3:28pm Thu 13 Dec 12
penrithrover says...
Black a well respected coach he will walk into a better job the next day ,and both Minns and Brunskill also will ,both good men ,they will have offers by now.
But the only person who would never , ever get another job coaching if he got sacked by Rovers ,is Hendry , it`s hard to understand why we are getting rid of all these good decent honest men that will be in demand to go to other clubs, and we keep the one guy Hendry who is and abject failure at coaching and also according to legal literature , Hendry is a proven swindler women basher and bully, why are we keeping losers and getting rid of honest hard working decent men we have as our coaches ?
3:28pm Thu 13 Dec 12
stick to football says...
Trouble times ahead - they still do not have a clue - just look for someone to blame other than themselves - bit like our politicians
4:24pm Thu 13 Dec 12
owd nick says...
4:40pm Thu 13 Dec 12
owd nick says...
We have a goalkeeper who has gone backwards over the last 12 months.
A defence that leaks goals for fun.
A midfield that is so incompetent and disorganised 9 out of 10 local pub teams would run rings around them.
And we were like that BEFORE Berg came along.
Berg has inherited a total shambles, both behind the scenes and on the pitch, if he isn't allowed to make changes to both then he doesn't stand a chance.
If he is allowed to make changes then he becomes responsible for whatever happens in the second part of the season.
5:13pm Thu 13 Dec 12
Joey99 says...
5:48pm Thu 13 Dec 12
SilverFox424 says...
5:50pm Thu 13 Dec 12
Harwoodstblue says...
Pedersen can't get a game now but then Singh doesn't like pensioners.
Same with Givet who gives 100% and Dunn who could do a better job than some in midfield, if only for half a game.
Strange team selections last year and not much changed this.
5:59pm Thu 13 Dec 12
gary17 says...
6:20pm Thu 13 Dec 12
blueblooded says...
Honour, loyalty, these things are worthless if we do not improve? Nobody wants to see poor football performance that only sinks us deeper. Hate Shebby all you want but I think he is the only one who is capable and ruthless enough to bring any changes at Ewood.
All this talk of yesterday does nothing, solves nothing. We need action and we need to see changes. Sack the lot of them if you have to Shebby, if they don't deliver, they don't deserve to be st Ewood. PERIOD.
6:25pm Thu 13 Dec 12
blueblooded says...
6:35pm Thu 13 Dec 12
Sam-the-Man says...
Under Black – We tightened up the defence but lost some of the scoring ability
Under Berg – We have Kean’s defence and Black’s attack.
Summary - We are now s**t in both attack and defence
6:50pm Thu 13 Dec 12
roverinmanchstr says...
7:07pm Thu 13 Dec 12
daver72BRFC says...
7:10pm Thu 13 Dec 12
daver72BRFC says...
7:15pm Thu 13 Dec 12
Harwoodstblue says...
What kind of idiotic owners don't play their best team....Why are they here ?
7:22pm Thu 13 Dec 12
Harwoodstblue says...
7:48pm Thu 13 Dec 12
merlinrabbit says...
8:00pm Thu 13 Dec 12
Harwoodstblue says...
9:28pm Thu 13 Dec 12
BlueSkies says...
I don't have a problem that Shebby has come in and fronted many of the issues that damage our club but that's all he is, a 'front man', a mouthpiece for Venkys to deflect criticism from them. But, there still doesn't appear to be any signs of true optimisim.
Venkys cocked up from day one when they sacked Sam. Their objectives had nowt to do with football or improving BRFC. Their global image was what is was all about. That is tarnished as is our beloved club.
VENKYS,what goes round, comes round. Karma.
I think I might join D. Dave's gang. Only joking LOL!
10:14pm Thu 13 Dec 12
we r longside burnley says...
11:42pm Thu 13 Dec 12
owd nick says...
Or for that matter does anyone else?
It's all "I know a mate who was told by someone here there and everywhere, that this, that and the other is going on, nudge; nudge, wink; wink say no more govenor".
I know things about a certain ex manager (not Kean) that happened when he was in charge of another club that would disgust you, but I can't say who because I couldn't afford the lawyers, so I keep quite because I can't prove it, and I would get someone else in extremely serious trouble as well.
I like Pedersen, but is he currently worth his place apart from taking long throws, corners and free kicks?
Did Givet ever get the £75k contract "misunderstanding" resolved, that went very quiet didn't it?
Sorry but if Dunny can only play for half a game a dozen times a season, ask yourself, should he still be playing?
To me Berg is an honest, decent guy, a top professional for every club he has played for, not some arse wipe from the back of beyond , lets face it, he has inherited a bag of tripe squad masquerading as professional players, not one of whom aren't fit to polish his boots, added to that a ownership and management structure that beggars belief.
This is my 41st year of watching Rovers full time, ST holder long before Jack Walker took over and to be honest I am not really all that bothered if we go up this year, but what I do want to see in the new year is players with some pride and passion playing for my club.
If Berg can deliver that, great, if not, well there won't be a 42nd year.
1:27am Fri 14 Dec 12
Road Runner Road Runner says...
Port Vale was my first experience of anything of that nature amongst thousands of supporters at 13. Nothing tops that, but, yes sir, winning and celebrating at any level rouses the senses precisely the same.
I can count myself lucky and fortunate in experiencing BRFC's fortunes through thick and thin that I can envisage the beautiful swan, and as you quite rightly state; "we can lower our sights but never our dreams"
Here is to this nightmare ending soon !
Arte et labore
10:42am Fri 14 Dec 12
Old Alzheimer says...
I, as you say, you're never setting foot in Ewood again may I respectfully suggest that you kindly keep your nose out.
11:17am Fri 14 Dec 12
maltese blue n white says...
11:21am Fri 14 Dec 12
fanny_tickler. says...
2:24pm Fri 14 Dec 12
waggyonthewing says...