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Millions - Billions - Squillions?

Or flat broke?

http://www.independent.co.uk/sport/football/premier-league/second-assistant-quits-on-kean-6285484.html

Clement gone? This would be frustrating if still very predictable as by all accounts he is top notch. I guess that is probably why Ancelotti wants to team up with him again and he won't be the only one desperate to jump ship from the Rovers.

More worryingly, the following quotes are taken from that article suggesting we are flat broke and cannot afford to replace even an assistant manager!

"The Blackburn Rovers manager, Steve Kean, has suffered the indignity of losing his second assistant in four months and there will be no money for a replacement after the departure of Paul Clement to Paris St-Germain."

"But the prospect of a reunion with Carlo Ancelotti at the Parisian club awash with Qatari wealth is a far cry from Blackburn, where the desire to drive costs down even further will see first-team coach Ian Brunskill taking on Clement's job and no new recruitment to Kean's support team."

"Michel Salgado, Jason Roberts and Keith Andrews are all expected to be sold as Rovers seek to lower the high wage bill. Kean has been made aware that no significant permanent signings will be possible during the transfer window."

"Kean's own position appears to remain secure, though the only reason he has been able to brave poor results and the tide of opposition to him is the owners' acceptance that they cannot afford the compensation they would have to pay or the large salary needed to entice any replacement to the precarious task of preserving Premier League football at Ewood Park."

We all have a look round on the message boards most days. Remember back in the day when sometimes we found good news waiting for us? What a shoddy time in the history of our great club. I keep reminding myself that nothing lasts forever.

Kean Out - Venky's Out.

posted on 6/1/12

Michel Salgado, Jason Roberts and Keith Andrews are all expected to be sold
-------------
Rumours abound about Junior, Formica, Samba, Nelsen, Nzonzi Robinson and Yakubu as well. We'll be lucky to get a squad together!

posted on 6/1/12

@ RTH

I suppose I may have been a bit harsh on the Walker Trust (after all they could have sold to that dodgy Syed bloke) but I think they had go to the point where they were desperate to sell up and would go for any semi-decent offer from a seemingly reputable source without looking too deep.

posted on 6/1/12

Just been reading the Independent article and came across the following part

"With the owners Venky's now willing to listen to offers for the club, attempts by local MP Jack Straw and others concerned for the future to elicit information about the company's plans continue to be frustrated. There has been no response to emails to India laying out the three options open to them – invest now, rebuild from the Championship next season or sell up"

Owners willing to listen to offers for the club? Hopefully true, doubt it is though!

posted on 6/1/12

Rob,

I put the FA at the top of that list to be honest, Our governing body should be wading in here with a "WTF is going on" statement, forcing an answer and making it public!

Fit and Proper is obviously not worth the paper its written on,

I'm not even going to go into our original ties with SEM/Anderson, and questionable appointments of playing staff!


posted on 6/1/12

Difficult to blame the trust- they will have been hoodwinked pretty much as most others.

Regrettably quite a number on here had them nailed for what they are at an early stage- asset strippers. Some thought they were going to pump millions into the club. The first transfer window ought to have quelled that optimism.

I think it is fair to say we are either going down with a very poor squad after this window or we are going to end up in administration. Possibly both!

This whole situation needs a thorough investigation. The borderline between fraud/theft and irresponsible behaviour is very grey in this scenario.

These are very dark times in the long and proud history of our club and ultimately Blackburn as a town.

posted on 6/1/12

You can't blame the trust.

Everyone of us would sell our house to the highest bidder even if that meant to "the neighbours from hell".

posted on 6/1/12

*Sigh*

QPR manager Neil Warnock is hopeful of signing Fulham striker Andrew Johnson after Blackburn's bid stalled due to financial constraints.

"This whole situation needs a thorough investigation. The borderline between fraud/theft and irresponsible behaviour is very grey in this scenario."

"I put the FA at the top of that list to be honest, Our governing body should be wading in here with a "WTF is going on" statement, forcing an answer and making it public!

Fit and Proper is obviously not worth the paper its written on, "

Two different quotes but both relevant. The FA does not want to investigate this issue - they will stay as far away from it as possible. the fit and proper test is a low bar threshold (only failing if you can be easily directly identified as criminal/financial issues).

The FA do not want to get into a stage of monitoring club's activities. After all why are Venkys not fit - they're a profitable, growing (apparantly) business and I'm sure their business plan to convince the Trust to sell/banks to support their deal made sense. Just they haven't followed through on agreements (as per rumours on Barclays etc).

The problem comes as to the ownership - one could claim that if Venkys are looking to asset strip, it is their right as owners if they want to have their club foundering in division two etc. Even liquidate the club if need be. However we, the fans, will argue that the FA should be looking afetr the interests of the club and its importance to the local community.

The FA will want to get noway involved in that argument and will want the problem to go away. It would make more of a difference if it was a United/Spurs/L'pool (3 larger names at random) but the FA do not want to get into this particular argument as they wouldhave to put into place a whole legal framework that is constantly monitored - way too much for what they want to do and somethign that would be subject to all sorts of claims of interference.

Football is a money business and we appear to have been acquired by speculators wating their buck from the business.

posted on 6/1/12

"4) The Walker Trust - Couldn't wait to flog the club to the first buyer"

As with others, I'm glad they were bottom of your list but they put the club up for sale 2 years before they sold.

They had protected Jack's legacy brilliantly to that point but what changed:

1. Venkys conned them good and proper
2. The fans anger towards them caused the sale
3. They weren't prepared to subsidise a ridiculous industry
4. They didn't care any more

I believe it was a combination of 1-3 and hope it wasn't 4...

posted on 6/1/12

Oh FFS!!

"No bids have come in but we haven't spoken to him about extending his contract," the Scot added.

Hoillet - didn't Kean spend all summer telling us his resigning was imminent!!

posted on 6/1/12

No, it's a good idea to let a talented young player run down his contract. That's when you get the highest resale value surely?!

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