Football finance expert Kieran Maguire believes Blackburn Rovers are ‘under a lot of pressure’ with Financial Fair Play after the accounts of Venky’s London Limited (VLL) were released.
Football finance expert Kieran Maguire believes Blackburn Rovers are ‘under a lot of pressure’ with Financial Fair Play after the accounts of Venky’s London Limited (VLL) were released.
VLL is the parent company of Blackburn Rovers and they released their financial documentation up to March 31 2023 earlier this week. It showed the club made a loss of £20.8million for the accounting year.
Rovers made a profit of 2.7m this year before but that was down to the sale of Adam Armstrong and a loophole exploited by the owners to sell the Brockhall Senior Training Centre to themselves. The EFL has since removed the possibility of an owner selling property to themselves to book against FFP.