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Blackburn reassures fans over finances
Source: Agencies |
December 15, 2011, Thursday
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THE wages of Blackburn Rovers players are safe and the club is not suffering a financial crisis, the Premier League team said yesterday.
Rovers are second-bottom of the table and fighting a relegation battle after collecting only 10 points from the first 15 games of the season.
The Mail on Sunday said that Rovers could fall behind on wage payments to players and staff as Barclays bank will not extend its credit facility. But Rovers' owners, Indian poultry conglomerate Venky's, denied there was a financial crisis. A statement on the club's website, written on behalf of finance director Karen Silk, refuted the reports.
"There is no financial crisis, and, there is absolutely no danger to the players and staff wages," the statement said.
"Amongst all professional football clubs, finances are regularly assessed and reassessed during the season based on performance, income and costs, and at Blackburn Rovers this is no different.
"Barclays Bank and Blackburn Rovers have enjoyed a long relationship over many years and are currently in constructive dialogue about how the bank, along with the owners, can support the club for many years to come."
Rovers are second-bottom of the table and fighting a relegation battle after collecting only 10 points from the first 15 games of the season.
The Mail on Sunday said that Rovers could fall behind on wage payments to players and staff as Barclays bank will not extend its credit facility. But Rovers' owners, Indian poultry conglomerate Venky's, denied there was a financial crisis. A statement on the club's website, written on behalf of finance director Karen Silk, refuted the reports.
"There is no financial crisis, and, there is absolutely no danger to the players and staff wages," the statement said.
"Amongst all professional football clubs, finances are regularly assessed and reassessed during the season based on performance, income and costs, and at Blackburn Rovers this is no different.
"Barclays Bank and Blackburn Rovers have enjoyed a long relationship over many years and are currently in constructive dialogue about how the bank, along with the owners, can support the club for many years to come."
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