Blackburn Rovers finance latest as transfer funds requested
Rovers’ owners have been restricted in how much they can fund Rovers previously due to ongoing investigations into their parent company in India.
However, an agreement was reached earlier this year that Venky’s could continue to fund Rovers, who are not directly implicated, if they match each £ with a personal guarantee.
Rovers sold Adam Wharton for a club-record fee and are set to inherit around £5million when David Raya makes his permanent move from Brentford to Arsenal. Throw in the new Sky TV deal and the finances look far healthier than 12 months ago.
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Therefore, there is an expectation that Rovers will have some funds to work with to strengthen John Eustace’s squad this summer. Adding goals to the team is a huge priority, especially with question marks around the futures of their three main attackers.
Chief Executive Waggott confirmed to We Are The Rovers, at their latest Memorandum of Understanding meeting, that funds had been requested from Venky’s for the upcoming season. This included a budget for transfers.
It was once again reiterated that Venky’s have made no indications that they are looking to sell Blackburn Rovers.
WATR also fed back to the club about disappointment regarding a lack of communication around Season Tickets and when they would be released. Waggott confirmed that feedback from meetings with supporter groups had a positive impact on pricing and strategy which was then signed off by the owners.
WATR have suggested moving away from ‘Fan Takeover Days’ to increase crowd engagement. Instead, proposals will be submitted for similar alternatives, aimed at marking the 30-year anniversary since Rovers’ Premier League title victory.
Rovers have also invited WATR to participate in initial plans to mark the club’s 150-year anniversary next year, with preparations expected to begin in August.
WATR are holding their Annual General Meeting on Wednesday, June 26 at the Brockhall Senior Training Centre, where head coach John Eustace will be their keynote speaker. You can find out more information here.
