Vital Football

Latest Blackburn Rovers News

Supporters Investment Trust takes the next step

Supporters Investment Trust takes the next step

The Blackburn Rovers Supporters Investment Trust has declared it's intentions over the future of Blackburn Rovers and expressed the intention to bring the football club back into community ownership.

Commercial partner and Darwen End sponsor Wayne Wild is spearheading the newly formed BRSIT who today made live their own website.

Mr Wild and the Blackburn Rovers Action Group have joined forces with Daniel Grabko who is a financial expert and lifelong Rovers fan who devised the original format and business plan.

Under the scheme shares are sold to fans who are willing to inject their own capital into an investment fund with the aim being to raise funds big enough to regain control of the club from current owners Venky's - who continue to seemingly run the club into the ground.

Venky's are known to be reluctant to sell the club at this point in time but with the continuing turmoil at Ewood Park and an increasingly large portion of fans making their unhappiness clear the position can and probably will change.

'At some point, and maybe soon, we believe Blackburn Rovers will be put up for sale.' Wild said in a statement.

'We believe the best ownership model for Blackburn Rovers is to be entirely owned by the supporters through a trust.

'We are seeking to engage with the current owners to advise them of our plans and we ask that they consider our proposals seriously as a credible and respectful way to pass on ownership of the club.

'At this stage we are asking Blackburn Rovers supporters if they would be willing to buy a share in their club. The more fans who pledge to buy a share, the stronger and more credible our bid will be.

'We will raise funds to buy the club by issuing a sufficient number of shares to meet a realistic valuation at the time of purchase.

'It is clear that any fair and realistic valuation will be based on the position of the club within the league structure at the time of purchase together with a true assessment of the clubs assets and liabilities.

'It is not, therefore, possible at this stage to put an exact figure on the amount of capital we will need to raise to be successful.'

Join The Vital Debate



Click here to join in the debate on the club forum.

Writer:Mikey Delap
Date:Wednesday February 22 2012
Time: 6:15PM

Comments

0
The web address for the BRSIT is - http://www.brsit.co.uk/
Mikey Delap
22/02/2012 18:20:00
0
We should all back this each and every way we can, it represents the current best option for all parties involved.
Stubbs
22/02/2012 18:31:00
Page 1/1
  1. 1

Login to post a comment

Recent Blackburn Rovers Articles

Highlights - Middlesbrough (a)

Blackburn drew one-one with Middlesbrough in the Championship on Saturday.

Audio - We Were The Better Team - Lambert

Blackburn drew one-one with Middlesbrough in the Championship on Saturday, Rovers boss Paul Lambert has given his views on this draw and the shared points it meant.

Vital View - Middlesbrough 1-1 Blackburn

A win was denied Blackburn, which would have made it three successive defeats for Middlesbrough, by an equaliser from striker David Nugent 11-minutes from time.

Stats: Middlesbrough v Blackburn

All the stats from Middlesbrough (1) vs (1) Blackburn, Riverside Stadium, 6/2/16 Att: 26,244

Archived Vital Blackburn Articles

Vital Blackburn articles from

Site Journalists

Walker
Profile
VitalRovers
Profile
Mikey Delap
Profile
Sasman!
Profile

Current Poll (see more polls)

Middlesbrough MotM
Suggested By: Site Staff
Steele2%
Marshall0%
Ward12%
Hanley0%
Spurr0%
Lenihan0%
Evans0%
Akpan0%
Jordi Gomez68%
Graham6%
Watt12%
Sub - Jackson0%
Sub - Bennett0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Hull City 29 17 5 7 56 26
2 Middlesbrough 28 17 5 6 56 23
3 Burnley 30 15 10 5 55 22
4 Brighton 29 14 11 4 53 9
5 Derby County 30 13 12 5 51 14
6 Sheff Wed 30 13 11 6 50 12
7 Ipswich 30 13 9 8 48 2
8 Birmingham 30 13 8 9 47 8
9 Cardiff 30 11 12 7 45 5
10 Forest 30 10 12 8 42 6
11 Wolves 30 10 10 10 40 -1
12 Brentford 30 11 7 12 40 -2
13 Q.P.R. 30 9 12 9 39 1
14 Preston 30 9 12 9 39 -1
15 Reading 30 9 9 12 36 0
16 Leeds Utd 30 8 12 10 36 -5
17 Huddersfield 30 8 8 14 32 -4
18 Blackburn 28 6 13 9 31 0
19 Fulham 29 6 11 12 29 -5
20 Bristol City 30 6 10 14 28 -22
21 MK Dons 29 7 6 16 27 -18
22 Rotherham 30 7 4 19 25 -19
23 Bolton 30 4 12 14 24 -21
24 Charlton 30 5 9 16 24 -30
Latest F1 News
Latest Vital Boxing News

Blackburn Rovers Fixtures (view all)

Feb 13 2016 3:00PM : Hull City (H)
Sky Bet Championship
Feb 16 2016 7:45PM : Fulham (H)
Sky Bet Championship
Feb 23 2016 7:45PM : Derby County (a)
Sky Bet Championship
Feb 27 2016 3:00PM : Milton Keynes Dons (H)
Sky Bet Championship
Mar 1 2016 7:45PM : Middlesbrough (H)
Sky Bet Championship
Mar 5 2016 12:30PM : Burnley (a)
Sky Bet Championship

Recent Blackburn Rovers Results (view all)

Vital Members League Table

RankNamePoints
1.Walker11
2.@roverseas6
3.dallydally2