Rao family quick to deny Barclays story

The Indian owners of Blackburn Rovers have been out in defensive mode this morning after reports of Barclays Bank tightening their grip on the clubs finances emerged in the Mail on Sunday.

The MOS article suggested that Barclays are threatening Rovers January transfer window plans by asking that the Rao family pay off some of the club overdraft which reportedly stands at about £17 million.

But Venky's are denying that is the case and that they are at a loss to explain where the rumours have originated from with their January plans remaining to invest £10 million to buy three players.

A Venky's spokesperson told the LT - "There is no truth in reports that the club`s future is at the risk or that there is a chance the players will not get paid.

"We have a good relationship with the bank and I don`t know where these stories come from."

The easiest gauge for this will be when January rolls around and then it will easy to see who is doing a bit of elaborate fibbing here.

One rumour is that if Venky's do have bank restrictions they can sell one of the club's players to bank roll some spending but selling the likes of Chris Samba may prove to be as popular as a fart in a lift.

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