PimpmyFM
Would you like to react to this message? Create an account in a few clicks or log in to continue.

PimpmyFM

FMReporter for Football Manager Graphics
 
HomeSearchLatest imagesRegisterLog in

Share | 
 

 Blackburn facing £10m demand

View previous topic View next topic Go down 
AuthorMessage
Posh
Webmaster
Webmaster
Posh


Managing : Ulisses FC

Posts : 3362
Career Goals : 33365
Location : Pembrokeshire Wales

Blackburn facing £10m demand _
PostSubject: Blackburn facing £10m demand   Blackburn facing £10m demand Icon_minitime2011-12-11, 15:58

Premier League strugglers Blackburn are heading for a financial crisis that threatens the future of the club
after their bankers, Barclays, handed them a £10million ultimatum.

Players face having to go without the club paying their wages because of the demand from Barclays,
the sponsors of the Premier League.
Coaching and scouting departments at Ewood Park were told last week that budget cuts and possible job losses are on the way as the club face the threat of financial meltdown in the New Year.


Blackburn facing £10m demand Article-0-0CC16F2A000005DC-84_468x286
Troubled times: Anuradha Desai (left) poses with Venkatesh and Balaji Rao


The crisis is the result of Barclays running out of patience with the failure of Venky’s, the Indian poultry
conglomerate who own the club, to honour contractual obligations made when they bought Rovers in November last year.


Barclays say the club must deposit £10m in their account by New Year’s Eve or the bank will refuse to
extend the credit needed to pay the players’ wages beyond January.
Back to top Go down
WHUFC Wilko
Member
Member
WHUFC Wilko


Managing : West Ham

Posts : 41
Career Goals : 22753
Location : Dagenham

Blackburn facing £10m demand _
PostSubject: Re: Blackburn facing £10m demand   Blackburn facing £10m demand Icon_minitime2011-12-11, 16:35

Thats alot of chickens they need to sell Laughing
Back to top Go down
the deeb
Auld Slapper
Auld Slapper
the deeb


Managing : to get in the way

Posts : 903
Career Goals : 26611
Location : my front room

Blackburn facing £10m demand _
PostSubject: Re: Blackburn facing £10m demand   Blackburn facing £10m demand Icon_minitime2011-12-11, 20:47

Someone's going to tell them to get stuffed soon.

The problems of accepting the highest bidder, no matter their history of sports ownership, is here for all to see
Back to top Go down
Sponsored content




Blackburn facing £10m demand _
PostSubject: Re: Blackburn facing £10m demand   Blackburn facing £10m demand Icon_minitime

Back to top Go down
 

Blackburn facing £10m demand

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
PimpmyFM :: English Football-
Designed by Vic Posher
Copyright © 2013 FMReporter.com All rights reserved.Free forum | ©phpBB | Free forum support | Report an abuse | Forumotion.com