Blackburn Rovers owners Venky's have denied a newspaper report claiming the club's future is at risk.The Sunday Telegraph reported the owners as under pressure from Barclays Bank to provide a £10million equity injection to reduce their reliance on an overdraft, which is currently being used as working capital.The urgency of the issue was said to have been heightened by Blackburn's poor form, just two Premier League wins out of 15 meaning the spectre of relegation looms large, and a club forecast of a £10million gap between income and operating costs by the end of the season. "There is no truth in reports that the club's future is at risk or that there is a chance the players will not get paid," a Venky's spokesman told the Lancashire Telegraph on Monday."We have a good relationship with the bank and I don't know where these stories come from."Blackburn manager Steve Kean had also dismissed the newspaper claims in the wake of Sunday's 2-1 defeat by Sunderland, which saw Rovers concede a 90th-minute Seb Larsson winner."I don't know anything about that at all," said Kean. "It is the first I have heard of anything like that."
GMT 17:23 2018 Wednesday ,17 October
Povetkin is not going to end his boxing career, next bout to be held in UKGMT 06:41 2018 Tuesday ,23 January
what to do about FedererGMT 02:16 2018 Friday ,19 January
Time for talks on players' welfareGMT 09:30 2018 Tuesday ,16 January
We fear Sterling more than KaneGMT 08:59 2018 Saturday ,13 January
'Russian skiers are clean'GMT 01:58 2018 Tuesday ,09 January
US runner-up snubbed for OlympicsGMT 08:22 2018 Saturday ,06 January
He wants Murray 'back soon'GMT 04:07 2018 Wednesday ,03 January
won't sell unless replacements bought inMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor