Reply With QuoteGreat News and WELL DONE to the Venkys for their thorough commitment and standing by the club in the face of adversity from a couple of no hopers ..
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Venkys have come out with the statement that the story of the sale to battersby and Currie is false and they intend to stick by the club
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Great News and WELL DONE to the Venkys for their thorough commitment and standing by the club in the face of adversity from a couple of no hopers ..
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are you being serious Alf? I cant tell
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Come on Champs you know my views on the chicken pluckers.. Out out out .lol
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eh?
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Fact is,the offer was unrealistically low,even for a club with over £110 million debt.
Assuming Venkys view Rovers as a business pure & simple,no self-respecting owner would dilute their stake for relative pennies. Their "business advisors"would presumably see the option as an opportunistic attempt to acquire potentially attractive assets on the cheap. What the supporters think is irrelevant in this scenario.
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The post above is correct. This 'bid' was laughable. Equity on the cheap and ignoring the debt. Why on earth would the Venkys agree to that. No wonder these jokers havnt been taken seriously or received a response.
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This is akin to the EU in out ref, in that it will clearly divide opinion.
I am none too surprised the 'bid' is seen as comical, and yes from the normal business perspective its 'carpetbagging' almost.
However, Venkys would still be shouldering the vast majority of the burden, as well they should in being the culpable party. At 'current state of play' just what is BRFC's 'marketable value'???
Now if folk think/believe that we are best placed with them at the helm, and at some point they must get it right, that's all well and good and the declining of the offer is not such a bad thing.
On the other hand for those that think that it is not going to happen, and the decline will continue, I could well understand them seeing this quite differently in that despite the 'financial' being derisory (for want of a better word), the 'input' may well have been the deciding factor in any recovery.
Again just like the EU ref., either way is a risk and unless you are in possession of a crystal ba
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