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John Williams speaks

Rovers head honcho John Williams has given his address to the fans (which he seems to do every year) about the financial direction of the club.

Williams has admitted that times are tough but Rovers can continue to climb that mountain with a combination of sound financial planning and fan support.

The Lancashire Telegraph had the interview with the Rovers chairman and reported the following - 'John Williams has told Blackburn Rovers fans 'we can continue to defy the financial odds` but admits the task of preserving Jack Walker`s legacy is a constant challenge.

The Rovers chairman conceded that with no sign of further investment from the Walker Trust the club now have to be run on a self-sufficient basis - but remained defiant the good times are far from over.

Williams confirmed any funds available for Sam Allardyce`s transfer kitty have to be generated by 'trading` with their 'buying club` days firmly in the past.

He also revealed there was real interest in their ongoing attempts to attract potential new owners but, while takeover discussions continue, insisted Rovers could continue to compete on the field.

Williams also summarised the following points -

* Michel Salgado`s signing last season meant they had to reforecast their budgeted Premier League finishing position from 13th to 11th.

The club`s high wage bill is a concern, but necessary in their battle to remain competitive in the Premier League.

* Rovers fans hold the key to how long the club can sustain their current prices as they look to turn Ewood Park into a fortress.

* None of Rovers` stars need to be sold with new broadcasting revenues able to maintain wage levels without capital receipts.'

Thanks for clearing that up John.

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The Journalist

Writer: Mikey Delap Mail feedback, articles or suggestions

Date:Thursday June 10 2010

Time: 12:52PM

Your Comments

Gonna be tight isn't it?!
Mikey Delap
open and honest, just what we love!
sasman
What a guy!! Honest, no messing, letting us know whats what!!
bennipoo
BEST CHAIRMAN IN THE LEAGUE!!!
Mikey Delap
Definitely THE BEST!!
ITSALLROVER
But it does mean we will not get Guti as I see! If Salgado was expensive on the wage side, then Guti will be even more. To think that we can finish about 6th place is a bit optimistic in my eyes, if it is what we will need to cover his wage.....cheers
riisenholt
We must have cleared a bit off the wage bill with the departure of Reidy, not to mention other possible exits like Grella and Andrews? If there's a little money in the kitty maybe this has etended the wage pool?
BigNumber5
i do feel the prices are often, under estimated, just to ward off any greedy buggers!
sasman
Open and frank as usual from JW. As others have mentioned. BEST CHAIRMAN IN THE PL...if not...THE WORLD :D. If this potential takeoever goes through I hope there is still a place for JW.
fransavarese
 

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