Rovers dismiss cash crisis reports

Ewood Park
12 April 2012

Blackburn have denied reports they are on the verge of a financial crisis.

The Barclays Premier League strugglers, who are owned by Indian poultry giant Venky's, posted a statement on their official website insisting the club does not have money worries.

The statement, on behalf of finance director Karen Silk, read: "There is no financial crisis, and, there is absolutely no danger to the players' and staff wages."

It continued: "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."

Reports emerged over the weekend claiming the owners had received a demand from the bank to pay £10million to help to pay off the club's debts.

Manager Steve Kean insisted he know nothing about such a situation following Sunday's 2-1 defeat at Sunderland.

Blackburn sit second bottom of the Premier League table with 10 points from 15 games.

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Create Account you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy policy .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in