Blackburn Rovers debacle: Venky’s to chicken out?
London: Blackburn Rovers officials are gearing up for a redundancy of up to 40 per cent as the club came under pressure on Tuesday following its demotion from the Premier League.
Venky’s, the Indian owners of the club, have reportedly planned a range of cutbacks amid fears that the administration as the club’s performance hasn’t been up to the mark.
The sale of players is also expected with Junior Hoilett, Yakubu, Steven Nzonzi and Paul Robinson as the hottest targets for other clubs, despite manager Steve Kean firmly denying Hoilett’s exit from the club.
According to The Telegraph, the Rovers will face a contraction in commercial revenue along with an already declining TV revenue.
So far only 1,200 season tickets have been sold in the club’s early-bird ticket programme.
The company, which once rented a large executive box at Ewood Park for 15,000 pounds a season was offered the same package for 3,000 pounds this time, which it turned down.
Blackburn’s CEO Paul Hunt expressed his concern to the club’s Indian owner, Anuradha Desai.
In a letter, Hunt implored Desai to “make some significant changes to save the club, perhaps from relegation but also perhaps from administration”.
According to sources at Ewood, poultry honcho Venky’s has already begun to offer the club up for sale in Asia and the Middle East, but not in Europe.
There are currently two consortiums who are prepared to take the club off the Venky’s hands and invest but will not be paying the firm for the club.