Indian owner will not spend much on Blackburn

[Dodomeki]

Indian owner will not spend much on Blackburn

Published Oct 28 2010

Blackburn fans hoping to see their team competing with Manchester City and Chelsea to sign star players are likely to be disappointed after the Indian company trying to buy it said Wednesday it will spend only 5 million pounds in the January transfer window.

Asian poultry giant Venky's has agreed to pay 46 million pounds for the Premier League club but company chairperson Anuradha J. Desai said that lavish spending is not on the agenda. Unlike Manchester City - which has spent more than 300 million pounds on players since being bought by Abu Dhabi's Sheikh Mansour in 2008 - Blackburn will likely depend upon loan signings to strengthen a side that is above the relegation zone only on goal difference.

"We won't need to buy expensive players, we can always lease them," Desai said. "We don't expect to be in the top five of the Premier League. We will be happy to be in the top 10 to 12." That means Blackburn is unlikely to break its 9-year-old transfer record any time soon. Blackburn paid Manchester United 8 million pounds for striker Andy Cole in December 2001, but has since spent more than 5 million pounds on a player only twice.

Manchester City's record signing is the 32.5 million pound Robinho, while Chelsea and billionaire owner Roman Abramovich spent 30 million pounds on Andriy Shevchenko in 2006. Venky's is owned by the V.H. Group, which Desai said was buying Blackburn to gain international publicity. "Football is a global craze and as the V.H. Group globalizes, setting up feed plants and hatcheries around the world, we believe we can benefit from being owners of a major football club," Desai said. "It will help build our brand."

Desai told Indian newspaper The Economic Times that Indian companies and multinationals had already approached Venky's to ask about the prospect of sponsoring the northwest England team's shirts and stadium. Venky's managing director, B. Venkatesh Rao, said Tuesday that the completion of the takeover would be announced within 10 days. The poultry farming and pharmaceuticals specialist would be the first Indian company to own a Premier League team.

Manchester United, Aston Villa, Sunderland and Liverpool are owned by Americans, while Chelsea, Manchester City, Birmingham and Fulham also have non-British owners. Blackburn has been largely mediocre since winning the 1995 Premier League title and was put up for sale two years ago by the Jack Walker Trust. - AP

 

[khunking]

This is interesting. Showing a lack of ambition before actually acquiring the club. Only if this is as easy as leasing a server from Dell. The B in BPL may take on a whole new meaning soon.

"We won't need to buy expensive players, we can always lease them," Desai said. "We don't expect to be in the top five of the Premier League. We will be happy to be in the top 10 to 12." That means Blackburn is unlikely to break its 9-year-old transfer record any time soon. Blackburn paid Manchester United 8 million pounds for striker Andy Cole in December 2001, but has since spent more than 5 million pounds on a player only twice.

 

[SIFU]

waulau no $ then dun buy club. so stingy.

a few millions can get u any1 decent.

 

[no_faith]

ah neh tio si ah neh, talk nonense again...
http://soccernet.espn.go.com/news/s...s-say-there-will-soon-be-new-signings?cc=4716
Blackburn owners promise signings
........................................
Venky's chairperson Anuradha Desai has stressed the strategy is not to chase "big names'' but is confident some deals will be tied up shortly.

"We are in search of some good strikers and defenders and that will be finalised in the next two weeks,'' said Desai, quoted in the Lancashire Telegraph.

"We are not running behind big names. Our selection would be a proper mix of young talent and senior players.''

 

[jw5]

ah neh tio si ah neh, talk nonense again...

Venky's chairperson Anuradha Desai has stressed the strategy is not to chase "big names'' but is confident some deals will be tied up shortly.

Whn asked why she appointed reserve team coach Steve Keen as the new manager to replace Big Sam, she pointed to her forehead and said "Because he can think."

Hahahahahahaha

 

[youallhumsup]

What??? Talking about European football when your club is at the bottom three???

Don't talk cock when you have stingy owners with no ambition for the club. I hope to see your club relegated after this season.

Rovers owners tell Kean Euro plans

4 November 2011

​

The owners of struggling Blackburn Rovers have told Steve Kean that they want to be playing regular European football within five years.

Rovers have only one league win so far this season in the league, with manager Kean recording just six victories in 31 league games since replacing Sam Allardyce last season.Pressure is certainly mounting from the fans, who have been banned from bringing protest banners to the game with Chelsea at Ewood Park on Saturday, but Venky's are keen to retain the Scot and have lofty targets.

"Obviously when you're in a position in the bottom three, it's not nice, but they're very successful business people," Kean said."And once they make their mind up about what direction they want to go in any business, I think they will stick with it, they will give it a period of time and then they will judge it. Certainly not within 10 games."

"The owners know what they want to do and how they want the club to play. They know where they want us to go long term and nothing is going to change.""So hopefully the fans who are being negative can look at the performances against Newcastle (in the Carling Cup), where we were the first team to beat them, and Norwich, where we deserved to win and should have taken it over the line in the final seconds, and see we're playing well."

"I'm convinced that results will come and we will climb up the table quickly.""The owners want us within four or five years to be competing in Europe season on season.""I don't think there's any reason why we can't do that. But what they want to do is to do it gradually.

I don't think they're going to throw hundreds of millions at it to get there in one season.""There's going to be a consistency in what they do and what they invest, and I think there will be a consistency in who's managing the club."