ROVERS owners Venky’s have brought in accountancy firms Deloitte and KPMG to carry out an overview of the club.

Each of the accounting giants will conduct individual reports on all aspects of the club over a four-week period at Ewood.

It is understood the move by the owners, which is in addition to club audits which are carried out by PM+M three a times a year, was planned even if Rovers had stayed in the Championship.

The one-off move to bring in Deloitte and KPMG is designed to look at operational efficiencies as well reviewing revenue streams, and is not an in depth analysis of Rovers’ finances.

The club categorically denied that the move is linked to reports in India that income tax officials carried out raids at 40 of Venky’s premises over the weekend.

It is believed the move to bring in the two firms isn’t intended as a headcount reduction exercise but cuts are not being ruled out at the club following a second relegation under Venky’s.

It comes as Rovers face a likely drop in revenue ahead of their first season in the third tier in 37 years.

Rovers dropped into League One on the final day of the season despite a 3-1 win at Brentford, ending a five-year stay in the Championship.

The latest club accounts, published in March, show loans owed to the Rao family now stand at more than £106m despite the club cutting losses by £16m.

Rovers have halved their wage bill from £50m in 2011/12, their final year in the Premier League, to £25m in 2015/16, but that figure still exceeded the turnover figure of £22m which is likely to fall next season.

Rovers revealed last week that ‘a lot of hard work is going on behind the scenes’ as they face up to the prospect of League One football.

That includes plans for Tony Mowbray to travel out to meet with the Rao family in India to discuss his future.

The club remain optimistic that Mowbray will continue in his role as head coach should he be granted assurances from the Venky’s as he looks to lead Rovers back to the Championship at the first attempt.