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  • "
    jim 2012 wrote:
    Super_Clarets wrote:
    Moving in the right direction? LOL!


    Blackburn Rovers are owned by Venky’s, the Indian chicken company.

    Turnover £26.9m: 4th highest in the league
    Wage bill £36.6m: 2nd highest in the league
    Wage as a proportion of turnover: 136%
    Directors’ pay: £747,960 paid to 6 directors, £223,776 in pay-off's
    Loss before tax: £36.5m
    Net debt: £54.5m
    Interest payable: £464,000

    The scrambled mess of Rovers under Venky’s, the Indian chicken company, laid bare.

    Venky’s took over in 2010 a club competing in the Premier League.

    They immediately sacked Sam Allardyce, appointed Steve Kean as manager, before the well-regarded board resigned, and Rovers were relegated. Huge losses mean club is incapable of complying with the FFP rules.

    League One awaits.
    what you fail to bring to our attention is the number of other clubs the championship incapable of complying with the FFP
    Leicester - promoted to the Premier League so not an issue.

    QPR - in the play-off final, will be subject to a large fine if promoted (not an issue given the owners wealth), or a transfer embargo if not promoted. Again not really an issue given their current squad size and strength.

    Nottingham Forest, likely to be subject to a transfer embargo as of January 2015. Have the benefit of an average attendance of 24,000 and a strong squad to make a concerted push for promotion next season.

    Blackburn Rovers, serial over-spenders who shot their load on getting back into the Premier League at the first attempt, failed miserably, and then continued to fund obscene contracts for a second financially draining season outside the top flight, and failed miserable once again. Certainties for a transfer embargo in January 2015, cost cutting requirements of £25million will see a poor squad weakened even further with the likelihood of a further relegation before the financial situation can be aligned with the new rules.

    For your information, the VAST majority of clubs are well-run and have been preparing for FFP over the last two seasons. The rules were in place from 2012.

    There may be trouble ahead."
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Lowe: Rovers are moving in right direction

Jason Lowe

Jason Lowe

First published in Sport
Last updated
This Is Lancashire: Photograph of the Author by , Blackburn Rovers reporter

JASON Lowe believes Blackburn Rovers are firmly back on track.

The Rovers academy graduate has lived through the most turbulent period in the club’s history, but he reckons there are genuine reasons for optimism going into next season.

It will be the third year running Rovers have spent outside the Premier League after their relegation in 2012.

But Lowe is quietly confident that they can end their top-flight exile by building on the foundations they have laid under boss Gary Bowyer.

“I’ve been in and around the club for a few years now and it’s certainly back on track to where it used to be,” said the midfielder, for who Bowyer is the fourth permanent manager he’s played under since making his debut for Rovers in January 2011.

“The feel around the place and the spirit around the place is good again – and you could see that by the fans’ reaction at the end of the last game of the season against Wigan.

“It’s a good place to work again and it’s an enjoyable place to work again and hopefully we can take that positivity into next season.”

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Lowe credits Bowyer, who led Rovers to eighth and within two points of the Championship play-offs in his first full season in charge, as being one of the biggest inspirations between Rovers’ improvement on the pitch.

“The gaffer and his staff have been brilliant all year,” said the 22-year-old, whose first senior goal – a 25-yard stunner at home to Middlesbrough in November – was voted Rovers’ best of the season.

“The attitude of the manager is infectious and his will to win, his mentality and his character goes right throughout the squad.”

Rovers ended the campaign unbeaten in 12 games and Lowe admits the players wished it had not come to an end.

He added: “We’ve come on leaps and bounds and it is credit to the boys that they’ve laid the foundations for next season.”

Bowyer yesterday had a meeting with Rovers managing director Derek Shaw, director of communications Alan Myers and secretary Ian Silvester after returning from a short holiday following his end-of-season meeting with the club’s owners Venky’s in India.

The Rovers boss will now continue his preparations for the 2014-15 campaign and intends to strengthen his squad.

But with Financial Fair Play coming into force in January, he will also have to attempt to reduce the club’s wage bill.

Bowyer also has to resolve the futures of his two out-of-contract senior players, David Dunn and Markus Olsson.

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