Blackburn Rovers respond to concerns about future of owners

The Venky's are under investigation in India over concerns about overseas funding

Author: Jonny FreemanPublished 27th Jan 2024

Blackburn Rovers have reassured supporters that the football club is financially secure until at least the end of the season.

Their owners - the Venky's - are under investigation in India and had assets seized last year over overseas funding.

A High Court hearing in Delhi was adjourned earlier this week.

A spokesperson for Blackburn Rovers said:

"Blackburn Rovers wish to allay concerns amongst our supporters regarding the latest legal proceedings and developments taking place in India involving our owners.

"The club can confirm that the adjournment of this week’s scheduled High Court hearing in Delhi will not impact the day-to-day funding of the club in any way.

"As is public knowledge, £11m of interim funding was made available to the club – backed by a personal guarantee – before Christmas, with a further tranche of funds set to be received in due course, which will cover club costs until at least the end of the season, in which time the owners will be trying to get closure on the current investigation into one of their overseas companies.

"The owners have given assurance to the Board and Executive of BRFC that they will continue to fully support the club, as they have done since they acquired the club in 2010.

"Whilst the club would not normally comment on social media speculation, we felt it was important to update supporters on the matter on this occasion."

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