online marketing

Ronaldo

Welcome Guest
Join Us Today!
Welcome to Extreme Football Forum.

You are currently viewing the boards as a guest, which means some features are unavailable to you.

Click here to register a free account and enjoy the benefits available to registered members:

Create and reply to topics
Customise your personal profile
Send and receive private messages
Create and vote in polls

 So what are you waiting for? Register today, join in the football discussion & become part of the EFF community!

Registered users can login below:
   


Liverpool FC fans, check out Kopworld LFC Forum for all the latest LFC news and views.

Extreme Football Forum  |  Football Forums  |  FA Barclaycard Premiership  |  Topic: Rao family buy Blackburn Rovers

We have a new site now at www.extremefootballforum.com/forum We have a new site now at www.extremefootballforum.com/forum
Pages: [1]   Go Down
Print
  Author

Rao family buy Blackburn Rovers

 (Read 287 times)
CambCelt

Blue Square Bet Prem & Non League Moderator


The Anglo-Celt Sound System
Global Moderator
*****
Offline Offline
Gender: Male
Posts: 11036

99942.00 credits
Send Money to CambCelt
View Profile
« on: November 20, 2010, 05:32:26 AM »
http://news.bbc.co.uk/sport1/hi/football/teams/b/blackburn_rovers/9210221.stm



Quote
BBC

Blackburn have been bought by the Rao family in a £43m deal to become the first Indian-owned Premier League club.

The new owners acquired Rovers' shares for £23m with a debt of about £20m also taken on, BBC Sport understands.

A trust set up by the late former owner Jack Walker to own the club has sold its 99.9% holding to the newly-formed company Venky's London Limited.

"The Blackburn board has completed all necessary processes outlined in our rule book," said the Premier League.

Trust chairman Paul Egerton-Vernon said: "We're very pleased to be passing on the Rovers to the Rao family."

The Venky's brand was initially founded in India as a poultry firm.

Egerton-Vernon continued: "We have been impressed with their enthusiasm and their plans and ideas for investment as well as their wish to preserve the legacy of Jack Walker."

Venky's chairman Anuradha J Desai said the company was "delighted, proud and humbled to be associated with Blackburn Rovers".

He added: "We will absolutely respect the Jack Walker legacy and will be actively supporting the organisation to ensure that Blackburn Rovers remains one of the best-run clubs within the Premier League.

"We are particularly pleased that the deal has the full support of the Walker Trust, the chairman and the management team, who will of course remain in place with our full support."

Chicken curry pies  eat at Ewood ?

~~~~~~~~~~~~~~ CELTIC & CAMBRIDGE UNITED ~~~~~~~~~~~~~~
Jimmie O

League One Moderator


The 'ol git of the forum
Administrator
*****
Offline Offline
Gender: Male
Posts: 24512

171114.00 credits
Send Money to Jimmie O
View Profile
« Reply #1 on: November 21, 2010, 12:28:22 PM »
There seems to be more and more Asdians buying into football don't there.

BTW, you get Balti pies all over the midlands football grounds now

 old git Cheers old git


It's great to be back among friends.
CambCelt

Blue Square Bet Prem & Non League Moderator


The Anglo-Celt Sound System
Global Moderator
*****
Offline Offline
Gender: Male
Posts: 11036

99942.00 credits
Send Money to CambCelt
View Profile
« Reply #2 on: November 21, 2010, 05:47:19 PM »
Decent start for them.

2-0 to Blackburn Rogan Josh. eat

~~~~~~~~~~~~~~ CELTIC & CAMBRIDGE UNITED ~~~~~~~~~~~~~~
CambCelt

Blue Square Bet Prem & Non League Moderator


The Anglo-Celt Sound System
Global Moderator
*****
Offline Offline
Gender: Male
Posts: 11036

99942.00 credits
Send Money to CambCelt
View Profile
« Reply #3 on: November 22, 2010, 07:28:00 AM »


Quote
BBC

Blackburn Rovers manager Sam Allardyce is planning a meeting with the club's new owners to discuss his plans for developing the Premier League side.

Balaji and Venkateshwara Rao were introduced to the crowd at Ewood Park on Sunday before watching Rovers' 2-0 victory over Aston Villa.

"I am looking forward to meeting them and giving them my ideas on how the club can go forward," said Allardyce.

"It is going to be nice to hopefully work with them and progress this club."

The Rao family bought Rovers through their newly formed company, Venky's London Limited, for £43m on Friday.

And brothers Balaji and Venkateshwara received a warm reception from the crowd at Ewood Park as they were publicly unveiled on the pitch before the match - the third time they had seen Blackburn play.

"I met the new owners for the third time, only briefly," added Allardyce, who spent the first half sat in the same row as them.

"I think it was fair to say they were well entertained here by the match against Chelsea [a 2-1 defeat on 30 October], when they came here for the first time before they had actually clinched the deal.

"Last week they watched the Tottenham game and we were well beaten in the end, but now they have seen us win for the first time.

"Hopefully, like every Blackburn fan, the players and myself, they will be very happy with the way we have won and the performance that was given."

~~~~~~~~~~~~~~ CELTIC & CAMBRIDGE UNITED ~~~~~~~~~~~~~~
Papa_ffc


Hero Member
*****
Offline Offline
Posts: 842

5786.00 credits
Send Money to Papa_ffc
View Profile
« Reply #4 on: November 23, 2010, 01:15:09 PM »
for some reason i think Allardyce is expecting millions and millions, he just seems that type
CambCelt

Blue Square Bet Prem & Non League Moderator


The Anglo-Celt Sound System
Global Moderator
*****
Offline Offline
Gender: Male
Posts: 11036

99942.00 credits
Send Money to CambCelt
View Profile
« Reply #5 on: November 23, 2010, 01:31:43 PM »
Can't see him being minted (as compared to Citeh or Chelski)

The takeover was to buy the club (shares) and debts.

Dunno how much that they will give him, after paying £43M.

 thinking huh

~~~~~~~~~~~~~~ CELTIC & CAMBRIDGE UNITED ~~~~~~~~~~~~~~
DODAH


Hero Member
*****
Offline Offline
Gender: Male
Posts: 567

14862.00 credits
Send Money to DODAH
View Profile
« Reply #6 on: November 25, 2010, 11:42:51 PM »
The last thing they want to do is give Big Fat Sam money.
He would waste it. Best he sticks to bargain buys


Arsene Wengers Red and White Army
therocket147


Global Moderator
*****
Offline Offline
Gender: Male
Posts: 364

4766.00 credits
Send Money to therocket147
View Profile
« Reply #7 on: November 29, 2010, 09:02:55 PM »
 I Agree DODAH

Pages: [1]   Go Up « previous next »
Jump to:  
   

Print


You must be registered and logged in to post a reply to this topic. Click here to register a free account.

Shoutbox
Latest 10 Shouts
December 01, 2010, 10:44:28 PM Darlington - FULL-TIME Birmingham 2 Aston Villa 1
December 01, 2010, 10:42:21 PM Darlington -  GOALFLASH Man City 3-0 Salzburg (Johnson) 
December 01, 2010, 10:38:00 PM Darlington - FULL-TIME Ipswich 1-0 West Brom 
December 01, 2010, 10:31:20 PM Darlington - GOAL: Birmingham 2 Aston Villa 1 - Zigic
December 01, 2010, 10:30:25 PM Darlington - GOALFLASH Man City 2-0 Salzburg (Balotelli) 
December 01, 2010, 10:16:18 PM Darlington - GOALFLASH Ipswich 1-0 West Brom (Leadbitter pen) 
December 01, 2010, 09:40:12 PM Darlington - HALF-TIME Birmingham 1-1 Aston Villa
December 01, 2010, 09:36:06 PM Darlington - HALF-TIME Ipswich 0-0 West Brom, 
December 01, 2010, 09:28:53 PM Darlington -  GOAL Man City 1-0 Salzburg (Balotelli) 
December 01, 2010, 09:18:21 PM Darlington - GOAL: Birmingham 1 Aston Villa 1 - Agbonlahor
           
View All Shouts
   



Add Extreme Football Forum To Your Favourites!

Powered by SMF 1.1.12 | SMF © 2006-2009, Simple Machines LLC