Good post Leroy. Reading up on it now, there's some very funny stuff going on up there. SE10, what is this story? if you answer with "it is just an allegation, but..." you should avoid any legal issues (the Guardian has been deleting comments right left and centre, though)
Good post Leroy. Reading up on it now, there's some very funny stuff going on up there. SE10, what is this story? if you answer with "it is just an allegation, but..." you should avoid any legal issues (the Guardian has been deleting comments right left and centre, though)
Was a full article somewhere, Will try and search for it but it alleges along the lines that the actual real owners are using the club for money laundering and Kean has got a stake in it. Venkys are fronting it as a publicity for their own company. When you read the full article...Some of it starts to make sense.
Good post Leroy. Reading up on it now, there's some very funny stuff going on up there. SE10, what is this story? if you answer with "it is just an allegation, but..." you should avoid any legal issues (the Guardian has been deleting comments right left and centre, though)
Was a full article somewhere, Will try and search for it but it alleges along the lines that the actual real owners are using the club for money laundering and Kean has got a stake in it. Venkys are fronting it as a publicity for their own company. When you read the full article...Some of it starts to make sense.
That's pretty much in a nutshell what appears to be going on. Sadly, all legal and above board, apparently.
This is what I read. Not all but wouldn't surprise me in this day and age if some was true. It's all allegedly of course.
I am very well connected with BRFC and have sat on this info for long enough..you want to know whats going on at Ewood..here it is.
Steve KEAN (Minor 2nd team coach) is connected to a number of pretty serious Glasgow criminals who had a vast amount of money which required laundering. (2-3million)
As an employee of the club KEAN was aware that ROVERS had been for sale for quite some time with very little serious interest from anyone, he knew the price and the money which would be required to purchase it. He approached his Management Company KETARO (owned by ANDERSON) and put to him a business plan for the purchase of the club, this plan would give ANDERSON unofficial control of the club and enable him to 'legally' perform the sort of transaction with existing and future players on his books that got West Ham into trouble with the TEVEZ / MASSCARNO saga. (the buying and selling of players being the only way to make money from a Premier League club)
The consortium that KEAN suggested involved himself (representing the the gangster money) being a shareholder and part owner in the little scheme, KENTRO unable to purchase a Premier League club to to league conflict rules, scouted around emerging markets (India / China / Brazil) for a company to come in as the official new 'owners' capable of satisfying the fit and proper test laid down by the league. VENKYS loved the idea as they were keen to attack the European market and expand beyond India. The cost to VENKYS for taking part in the venture was half the purchase price of 43million. (This 20 million was set aside anyway for marketing costs in breaking into the European market so net coast to VENKYS being NIL) The remainder of the cost was met by ANDERSON and a number of others in his syndicate (including KEAN) The scheme was sold to all involve as being 'win win' as the purchase price was assured of being returned to all members of the syndicate by TV money and in worst case relegation parachute payment which totaled coincidentally approx 43 million)
KEAN had one condition for his involvement, the removal of BIG SAM and his promotion to Club Manager. The removal of the established management infrastructure was essential in helping the group keep the deal secret, hence JOHN W and the rest were thanked for their services and shown the door. The recent mortgage in Aug 2011 for 43million is assured against the TV money for this year and any subsequent parachute payment from relegation whether that come this year or in the future. This money has been returned to all members of the syndicate to cover their initial stake (hence the secrecy), thus any money made from here on in by way of transfers, TV money, sale of the club being total profit to the group. The Indians are basically passengers on this train and as now they have their money back they are totally uninterested in the future of the club, for them it remains what it always has been, a marketing tool. ANDERSON is keen to continue to use the club as a feeder for his younger less established players, he makes money by legitamatly charging massively inflated agent fees for all players coming in and out, and in the event of a player making a big breakthrough gains millions for the syndicate in the sell on fee. KEAN..well he's just living the dream, he would never have made a Premier League manager as long as he lived, the best he could aspire to was being someones No 2 and that dream was 5-10years away. The new deal recently signed by KEAN is in recognition and reward from all concerned as the others have all done very well out of the deal to date (he obviously had to be rewarded as well) He is the Manager and he's going nowhere, not because he's un-sackable but because he's delivered what he said and not withstanding HE OWNS PART OF THE CLUB. (albeit via his gangster friends in Glasgow) All of his little trips to INDIA are not about him answering to the INDIANS is about him telling them what to do, when to speak and what to say, all stuff that needs to be said in person at risk of emails or phone calls being recorded. The whole thing would take a financial investigator years to uncover and is more or less impossible to trace as the paper trail all runs though VENKYS in INDIA. They have the club pretty much sawn up. The recent interest from the Middle East is of no interest to the syndicate as they only stand to gain a little over what they paid, the rewards from keeping the club are much more to them than that..If this deal ever came out..people will be going to jail..so don't expect it to anytime soon..
LOL - I'm sure that's all bollocks. Makes for a good yarn though!
I think they're just being used as a promotional vehicle by Venky's (who most people believe (contrary to popluar belief) don't actually have a pot to piss in or a window to throw it out of) and being asset-stripped by the holding company set up with Anderson's involvement. Kean's just a puppet - the reason the fans despise him isn't so much that he is clearly completely inept as a manager (ask anyone who's seen them play about his 'tactics' and player management), but that he is feathering his own nest at the expense of the club, whilst clearly 100% aware of what's going on behind the scenes, and fully complicit in the total removal of any sanity checks in the form of management structure behind the scenes and subsequent total ceding of control to 'The Loons from Pune'.
The problem I have with that explanation (well one of the problems) is why didn't they sell Hoilett (sp?) for an exaggerated fee in January? Holding on to him seems crazy (from a profiteering point of view) unless they genuinely thought that he would be the difference between staying up and getting relegated. Looking at their team, they could have sold Hoilett and bought in a couple of players that really would have made a difference and still pocked a good few million quid.
The whole thing would take a financial investigator years to uncover and is more or less impossible to trace as the paper trail all runs though VENKYS in INDIA.
They have no Darren Bent to sell with owners thousands of miles away reluctant to put in cash so more of a Portsmouth than Charlton... anyone we could use next season?
Laughable. Absolutely ridiculous. Glasgow gangsters don't even exist.
No of course they don't. Glasgow is the Northern version of Geneva. Everyone spends their spare time in art galleries and are all in bed by 10.00.
Whatever, something very funny is going on up there, and it all makes me think back to Sebastian bloody Sainsbury. There but for the grace of God, etc...
My 'source' tells me that the Venkys had an idea to push Blackburn as 'the club for Indian supporters' to get behind. They supposedly saw a potential gap in the market whereby many asian fans and football followers need a club of 'their own' to get behind, as many asians supposedly felt unwelcome at clubs such as Bolton, Wigan, the Manchesters etc etc. It appears that the supposed plan was: a) daft; b) doomed to failure and c) the Blackburn public's love of its club was totally ignored and/or underestimated. All in all, a sad state of affairs. I suspect that the Venkys are somewhat the victims of a scam and like many scam victims they have only themselves to blame.
Is there a large indian community in Blackburn or even that part of Lancashire? I know they're in league 2, but surely a club like Bradford would have been a better bet? Cheaper price, far more growth potential, and a large Indian population in the area to start building links with.
Comments
Blackburn are f###ed
http://www.sportingintelligence.com/2012/05/08/revealed-new-leaked-blackburn-letter-lays-bare-crisis-and-torment-inside-ewood-080501/
Not sad they went down but to empathise with their fans.
Reading up on it now, there's some very funny stuff going on up there.
SE10, what is this story? if you answer with "it is just an allegation, but..." you should avoid any legal issues (the Guardian has been deleting comments right left and centre, though)
The truth is out there people.
It's all allegedly of course.
I am very well connected with BRFC and have sat on this info for long
enough..you want to know whats going on at Ewood..here it is.
Steve KEAN (Minor 2nd team coach) is connected to a number of pretty
serious Glasgow criminals who had a vast amount of money which required
laundering.
(2-3million)
As an employee of the club KEAN was aware that ROVERS had been for sale
for quite some time with very little serious interest from anyone, he
knew the price and the money which would be required to purchase it. He
approached his Management Company KETARO (owned by ANDERSON) and put to
him a business plan for the purchase of the club, this plan would give
ANDERSON unofficial control of the club and enable him to 'legally'
perform the sort of transaction with existing and future players on his
books that got West Ham into trouble with the TEVEZ / MASSCARNO saga.
(the buying and selling of players being the only way to make money from
a Premier League club)
The consortium that KEAN suggested involved himself (representing the
the gangster money) being a shareholder and part owner in the little
scheme, KENTRO unable to purchase a Premier League club to to league
conflict rules, scouted around emerging markets (India / China / Brazil)
for a company to come in as the official new 'owners' capable of
satisfying the fit and proper test laid down by the league. VENKYS loved
the idea as they were keen to attack the European market and expand
beyond India. The cost to VENKYS for taking part in the venture was half
the purchase price of 43million.
(This 20 million was set aside anyway for marketing costs in breaking
into the European market so net coast to VENKYS being NIL) The remainder
of the cost was met by ANDERSON and a number of others in his syndicate
(including
KEAN) The scheme was sold to all involve as being 'win win' as the
purchase price was assured of being returned to all members of the
syndicate by TV money and in worst case relegation parachute payment
which totaled coincidentally approx 43 million)
KEAN had one condition for his involvement, the removal of BIG SAM and
his promotion to Club Manager. The removal of the established management
infrastructure was essential in helping the group keep the deal secret,
hence JOHN W and the rest were thanked for their services and shown the
door. The recent mortgage in Aug 2011 for 43million is assured against
the TV money for this year and any subsequent parachute payment from
relegation whether that come this year or in the future. This money has
been returned to all members of the syndicate to cover their initial
stake (hence the secrecy), thus any money made from here on in by way of
transfers, TV money, sale of the club being total profit to the group.
The Indians are basically passengers on this train and as now they have
their money back they are totally uninterested in the future of the
club, for them it remains what it always has been, a marketing tool.
ANDERSON is keen to continue to use the club as a feeder for his younger
less established players, he makes money by legitamatly charging
massively inflated agent fees for all players coming in and out, and in
the event of a player making a big breakthrough gains millions for the
syndicate in the sell on fee. KEAN..well he's just living the dream, he
would never have made a Premier League manager as long as he lived, the
best he could aspire to was being someones No 2 and that dream was
5-10years away. The new deal recently signed by KEAN is in recognition
and reward from all concerned as the others have all done very well out
of the deal to date (he obviously had to be rewarded as well) He is the
Manager and he's going nowhere, not because he's un-sackable but because
he's delivered what he said and not withstanding HE OWNS PART OF THE
CLUB.
(albeit via his gangster friends in Glasgow) All of his little trips to
INDIA are not about him answering to the INDIANS is about him telling
them what to do, when to speak and what to say, all stuff that needs to
be said in person at risk of emails or phone calls being recorded. The
whole thing would take a financial investigator years to uncover and is
more or less impossible to trace as the paper trail all runs though
VENKYS in INDIA. They have the club pretty much sawn up. The recent
interest from the Middle East is of no interest to the syndicate as they
only stand to gain a little over what they paid, the rewards from
keeping the club are much more to them than that..If this deal ever came
out..people will be going to jail..so don't expect it to anytime
soon..
I think they're just being used as a promotional vehicle by Venky's (who most people believe (contrary to popluar belief) don't actually have a pot to piss in or a window to throw it out of) and being asset-stripped by the holding company set up with Anderson's involvement. Kean's just a puppet - the reason the fans despise him isn't so much that he is clearly completely inept as a manager (ask anyone who's seen them play about his 'tactics' and player management), but that he is feathering his own nest at the expense of the club, whilst clearly 100% aware of what's going on behind the scenes, and fully complicit in the total removal of any sanity checks in the form of management structure behind the scenes and subsequent total ceding of control to 'The Loons from Pune'.
https://www.facebook.com/permalink.php?story_fbid=10151672159355183&id=355347150182
Joke of a club at the moment are Blackburn.
more or less impossible to trace as the paper trail all runs though
VENKYS in INDIA.
yet here it is, on little old Charlton Life.
Whatever, something very funny is going on up there, and it all makes me think back to Sebastian bloody Sainsbury. There but for the grace of God, etc...
Haha.
(his second paragraph, I mean)
It appears that the supposed plan was: a) daft; b) doomed to failure and c) the Blackburn public's love of its club was totally ignored and/or underestimated.
All in all, a sad state of affairs.
I suspect that the Venkys are somewhat the victims of a scam and like many scam victims they have only themselves to blame.