Ewood Park

Next Game

Blackburn v Bournemth

Saturday, 23 August 2014, 15:00

Sky Bet Ch'ship

Carrow Road

Last Game

Norwich 3 - 1 Blackburn

Tuesday, 19 August 2014, 19:45

Sky Bet Ch'ship

Venky's report £27m loss

Venky's London Limited, the holding company of Blackburn Rovers, have revealed annual losses of over £27million.

Last Updated: 19/09/13 at 15:46 Post Comment

Blackburn Rovers: Venky's have revealed annual loss of £27m

Blackburn Rovers: Venky's have revealed annual loss of £27m

The accounts, which have been seen by Press Association Sport, cover the period between April 1 2012 and March 31 2013, during which time Rovers were relegated from the top flight after 11 seasons.

The overall losses totalled £27,120,679 and showed significant decreases in gate receipts, sponsorship and broadcasting rights which laid bare the effect of demotion from the Premier League.

Venky's London Limited owns 99.99% of Blackburn and the accounts noted the need for the club to both comply with future Financial Fair Play regulations while also doing their utmost to return to the Premier League.

Last season Rovers just managed to stave off relegation under four different managers, with Steve Kean resigning, both Henning Berg and Michael Appleton swiftly sacked before Gary Bowyer - now at the helm on a permanent basis - assumed a caretaker's role.

The previous summer they also broke their transfer record to acquire striker Jordan Rhodes from Huddersfield in a deal worth up to £8million.

Rovers' accounts are due be published before the end of the year but this news comes in the same month it was revealed the club spent £3.5million on agents' fees last season, more than double any other club in the Championship.

TEAMtalk Facebook Fan Page

The TEAMtalk fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

T

his is brilliant! All these years of moral ambiguity, grey areas of offence and context..now we have a simple, easy to follow guide to right and wrong. What did you do today? I kicked the face off a panda . Oh well, you didn't rape, kill anyone or abuse a minor, knock yourself champ.

megabrow (cufc)
Redknapp leaps to Mackay defence

I

wonder if he'd feel the same way if he wasn't a white, non-jewish heterosexual male. Because Mackay has basically insulted everyone else!

Jay_D
Redknapp leaps to Mackay defence

C

heers Harry. I was wondering if he'd murdered anyone

Ezy_Rider
Redknapp leaps to Mackay defence

Footer 365

Transfer news: Hull boss Steve Bruce still in for Blackburn's Jordan Rhodes

Hull boss Steve Bruce has confirmed talks are still ongoing to try and bring Blackburn's Jordan Rhodes to the KC Stadium

Premier League: Crystal Palace did not want me enough, says Tim Sherwood

Tim Sherwood says he withdrew his application for the Crystal Palace job because he was not made to feel wanted enough.

England boss Roy Hodgson sets his sights on winning Euro 2016

Roy Hodgson has put England's awful World Cup display behind him and has set his sights on winning Euro 2016.

Mail Box

More Fan Mail For Football365...

'Just p*ss off with your righteous indignation will you. W*nkers.' There's a lot of anger going around for what should have been a sleepy Friday afternoon at F365 Towers...

Man United: One Game To Save Season

They have one match to convince decent players that they are worth joining - over to you, Louis. We also have mails on Malky Mackay, Mario Balotelli and Tim...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property