More losses for Blackburn

[Hibsclaret]

Don't take the statement too literally. I'm trying to highlight the fact that Dyche will be fully aware of the Clubs' priorities this season. He is merely an employee of the Club who has been rewarded with a lucrative contract and will give utmost priority to gaining points in the League.

Ah yes it was taking the statement literally or rather you talking rubbish.

We didn’t play a weakened team in Europe. I see you didn’t address the point about who played in Aberdeen.

What on earth has Dyche’s contract got to do with anything. The more bs you post the more it becomes true?

[Lancasterclaret]

Can't argue with anything you say on the financial stuff, but the weakened side is guff.

Its the guff that is put out by those clarets who seem personally offended that we lost a football match and so denied them multiple European nights.

Again, as I've said on other threads about this, in Athens we were comfortable at half-time, but the ref has a shocker of a 2nd half and we defended a set piece badly. We then did more than enough to beat them in the 2nd leg, but couldn't score.

Every club makes changes when you've got a squad and multiple competitions in a short period of time.

[HVClarets279783]

The turnover figure of £10m is actually massively misleading. The accounts for the football club last year showed Related Party Transactions of £3.7m from Venkys to the club, this is totally outside share capital injections and in other words means they are supporting one or both of matchday income or more likely commercial income by this amount. The VLL accounts show commercial income relatively stable at c£4.2m which is an utterly fantastical level of commercial income in League one (and also the Championship for a club the size of Rovers - it is an equivalent level to clubs such as Sheff Weds and Forest) which is clearly nowhere ear a true representation of the level of income they could generate without Venkys paying for approx 80% of their commercial revenue.Obviously to be confirmed by the football clubs accounts in 6 months time but cannot see any other remotely rationale explanation. This would mean the turnover figure (without Venkys buying boxes etc) was actually £6.5m last year. Losses would be nearer £19.5m, maybe one for the iron fist of FFP enforcement to look at as without this cannot see how they can comply.

[9thMay1987]

Back to the main issue, post 54 sounds spot on to me.

[Claretforever]

**** off with your lies, why do you do it ?

You promote yourself as some financial guru that should be believed even when you are wrong, then tell lies like this. Prove he was instructed

To be fair, wasn’t there a comment on here from someone before either Olympiacos or Istanbul that they’d been speaking with a Director at a function, maybe in London, and their view was the sooner we are out of it the better?

I’m sure there was, and that the discussion on here was that it could have just been his opinion and not that of the entire board? There could be an element of truth in Dyche being reminded what his priorities were.

Gary Megson talks openly about the Chairman at Bolton telling him to priorities the Premier League over Europe, as there was no money in it. It stands to reason that business people will have that view.

[TsarBomba]

Yeah, there was indeed a post on a thread after the Olympiakos game from someone who had spoken to two Directors. I can’t remember who the poster was though.

I don’t particularly agree that Dyche was instructed to play a weakened side, but I am firmly of the opinion that there wasn’t a huge appetite for Europa League football within the club. The complete lack of investment in the summer to support the qualifying games and a subsequent Europa campaign is testament to that.

The completely unfamiliar back four in the cauldron of Athens was just bizarre. Yes, you can argue that it was simply rotation, but it goes against everything Dyche has done in the past 6 years.

Picking O’Neill for the home leg is another strange one. Arguably our biggest game in two generations, and we play an unproven teenager. Of course, O’Neill played well, but why hasn’t he played since? Dyche proving a point on the night to Garlick?

You could even argue rocking up late to Aberdeen was pretty amateurish. Yes, a plane fault is completely out of our control, but to put ourselves in a position where Dyche can’t even make the pre match press conference for our first European game in 50 years is just laughable.

I was gutted we didn’t make it to the group stages, but perhaps it’s a good thing in the end, because our squad just wouldn’t have been able to cope with the demand.

[ElectroClaret]

....Sean Dyche was instructed to play a weakened side in those European games.

Really? By whom?

[gawthorpe_view]

The bottom line loss for the year is £15.2m ...up from £7.1m from the year ending March 2017.

Total turnover from all forms of income was indeed £10.2m, down from £16.1m from the previous year, when they'd have received Championship TV money, rather than League 1 TV money in the most recent figures. Profit on player disposals was only £1m, whereas it was £11.7m the previous year.

Their continued existance is only by the goodwill of the Venkys, who have increased the " Share Capital " ( see note 22 ) of the Company ( ie: pumped money in by issuing further shares ) by £20,772,156 over the 12 months to March 2018.

In simple terms, Venkys have funded them to the tune of £399,465 a week, for the year ending March 2018. That's perhaps why some of the fans have gone quiet on the " Venkys Out " front !!

£400,000 per week loss, they play on average once every two weeks over a l calendar year, so each home game was subsidised at £800,000 by the Venkys.

[mickleoverclaret]

The completely unfamiliar back four in the cauldron of Athens was just bizarre. Yes, you can argue that it was simply rotation, but it goes against everything Dyche has done in the past 6 years.

Picking O’Neill for the home leg is another strange one. Arguably our biggest game in two generations, and we play an unproven teenager. Of course, O’Neill played well, but why hasn’t he played since? Dyche proving a point on the night to Garlick?

Playing 5 at the back on Saturday was a new one for Dyche, did the board tell him to do that as well? Or is it just that Dyche had to do something different because playing Thursday-Sunday was a completely new circumstance for us?

As for O'Neill, he's at Central Coast Mariners. Presuming you mean McNeil, he started the next game against Manchester United as well, and has played since. As you say, the fact that he was our best player on the night surely puts to bed any questions about why he played?

[TsarBomba]

Of course I meant McNeil.

And no, it doesn’t really put it to bed.

[Stayingup]

Agree re thread hijack but if you could explain the Dyche was instructed to play a weakened team comment please? Sorry that is nonsense.

He was getting players fit in the Europe campaign and thus used a number of changes across the games. This was squad rotation as much as anything but he certainly had no instruction to play weakened teams as you suggest.

If Ward played in Greece it was certainly our strongest left back for a start

Not anymore hes not. Our MOM on Saturday has usurped him. Haha.

[Hibsclaret]

Not anymore hes not. Our MOM on Saturday has usurped him. Haha.

Are you some kind of viagra advert?

[Stayingup]

[quote="Goody1975"]If the Venky's are willing to keep funding them for the foreseeable future they could have a Championship budget of up to £30 Million a season and still comply with FFP.

Whether or not they are willing to chuck away £10 Million+ a year to keep the ship afloat while hoping that they are able to win promotion is another matter, i thought they'd have changed the plan years ago but it shows no signs of returning to a sane persons business model anytime soon.[/quot

Very difficult to understand why the Venkys are throwing away their money in this Project. As things stand and for the foreseeable future Rovers dont look like getting promoted. The gates are measly at about 11.5k home fans and dont look like improving. As you say not exactly a successful business model is it?

[ClaretTony]

From those figures it's not difficult to understand why our BoD place such emphasis on retaining our PL status above all else and goes some way to explaining why Sean Dyche was instructed to play a weakened side in those European games.

If you believe that Royboy you will believe anything.

[Bordeauxclaret]

I don’t know Dyche personally but I suspect if he was instructed what team to pick he’d have told them to f**k right off.

[Stayingup]

Are you some kind of viagra advert?

Being a bit of a pr!ck I suppose you'll know all about that.

Get used to it, Charlie boy is improving and the future.

[Hibsclaret]

Being a bit of a pr!ck I suppose you'll know all about that.

Get used to it, Charlie boy is improving and the future.

You’re certainly a right Charlie that’s for sure....

You could learn to keep on topic

[Clarets4me]

Very difficult to understand why the Venkys are throwing away their money in this Project. As things stand and for the foreseeable future Rovers dont look like getting promoted. The gates are measly at about 11.5k home fans and dont look like improving. As you say not exactly a successful business model is it?

Stubborn pride, perhaps ? The sub-continental thing of saving face or honour, must be the reason behind it .....

God knows what good their £400k a week could do for the poorest sections of society in India, rather than subsidising a football club, many thousands of miles from home ....