Blackburn Rovers for sale, the Venky's deny

Former English Premier League champions Blackburn Rovers are staring at relegation with the club three points behind the first non-relegation spot with a worse goal difference after a terrible season for the club so far.

The blame is being square put on the clubs Indian owners - the Rao family, who own the Venkateshwara Hatcheries Group and better known as the Venky's. Since their takeover of the club November 2010 things have gone from bad to worse and if relegated it would prove that the Venky's have not been able to understand how football works.

Yesterday there were renewed rumours in the English media that the Venky's could be on the verge of selling the club which was denied vehemently by Blackburn Rovers director Vineeth Rao.

"It is not true, none of that. We have no plans to sell Blackburn Rovers, none at all. Even if the club got relegated, which is not in our thoughts, we are not planning to sell," Rao told the Lancashire Evening Telegraph on Monday.

The reports went to the extend to suggest that Venky's had even contacted investment banking firm Goldman Sachs to broker a deal for the club.

But after the formal denial one can only wait and watch to see what happens next between Blackburn Rovers and the Venky's.


Category Article , ,

What's on Your Mind...

Powered by Blogger.