Opprettet 7/17/2011 12:09:03 PM
Sist oppdatert 7/17/2011 12:09:03 PM
En ubehagelig post fra en bruker som kaller seg Philipl på brfcs.com:
\"Very very few people run businesses in a deliberate and consciously irrational way. This is not a charge I would level against the Venky´s as I think they have acted rationally within their own terms of reference.
The first thing to understand is that the personalities of the four key people are very different from each other.
In a rather masculine society, Mrs D has emerged as the number one figure. She is clearly enormously self-confident and has successfully carried on the chicken business from her father.
Mr D is in the background but carries clout.
Venkatesh comes over as a bit dim if you listen to his radio interviews.
Balaji is something else.
The set up is that all four have equal shares (look at the Venky´s India shareholdings) and as a result they seem to have adopted a system of requiring unanimity in decision making because there is built-in stalemates with unbreakable 50-50s.
Balaji seems to operate on his own account and has generated significant cash independent of the family. This has helped fuel the confusion over how much they are worth which the family has been happy to ferment. Of course they are comfortable but no way are they Premier League owner rich.
This is how I believe we have got to the mess we are in today.
Anecdotally, Kentaro had been looking to control a PL club for years and had been looking for \"Tim nice but dim\" style owners through which to achieve their ambition. They found their targets in Rovers and the Balaji brothers who were scripted to perfection to get through the PL fit and proper and all the Rothschilds/Trust hurdles. Mr and Mrs D were all but invisible in this process of buying the club- read John Williams´ words in the latest annual report.
However, Mr and Mrs D have a different agenda- they are happy for the boys to play so long as it doesn´t mess with the real business and when needed they have been brutal in taking toys away- most publicly Balaji´s ill-fated venture into Bollywood.
So when Mrs D found the boys had bought a football club, she had very limited knowledge of what it was they had got, believed the hype that becoming India´s PL club would follow effortlessly but knowing the boys, she was going to take no risks of them wrecking the family fortune.
Without consulting anyone she imposed the rigid way of doing things that had served her so well with the chickens and immediately removed all decision making from Blackburn so her people could micro-manage Rovers in Pune.
This created a vacuum at Ewood which people like Kean and Anderson manipulated to their own advantage. Power at the club became a function of whom Mrs D listened to and as she is not in the habit of taking advice from anybody, that became an extremely narrow coterie of English courtiers re-enforcing her prejudices and making sure she remained ignorant of the reality of PL football to further their personal gain.
There was a nasty surprise in December about PL cashlow from BSkyB but that got papered over with the new Barclays mortgage which was apparently allowed to go delinquent when it expired on 30 June this year.
This unstable compromise lasted until this summer when a whole load of untrue assumptions on the part of everyone involved were tested and found wanting when it came to the real world of a major transfer window- January had been too short, the budget small (even that wasn´t thrashed out until JW put his foot down on 7 January) and the cool head of JW was around even though all around him were marginalising him. The assumptions that have been exploded this summer are:
- that Venky´s were really rich (Kean and Anderson)
- that Mrs D knew even the most basic things about accounting, wages, transfers, agents and contracts in the PL (Huber)
- that Mrs D had the slightest interest in being told anything about English law, corporate governance and football regulation (anybody in a managerial position at Rovers)
- that the cash Balaji had put in was family money (Kean and Huber)
- that Balaji actually has any say when the chips go down (Kean and Huber)
- that Mrs D has any interest in any promises, systems or processes put in place other than her own say so (Huber)
- that PL football is as simple as chicken feed and that the money needed for cup winning, European qualification and market domination was about £10m a year for everything (Mrs D)
- still to be exploded completely is the assumption that running a PL club without local management is a feasible proposition (Mrs D). Rovers are still falling apart.
Hence the series of car crashes all through this summer. This is why stories (particularly from Nicko) were completely true when they were written and are looking absolutely risible now.
As I say, the decisions taken have been rational based on the knowledge and experience that Mrs D (and it is primarily her) chose to have at the time she took each one. The brutal realisations she must have gone through in the last month or so culminating in the rumoured firing of Kentaro must mean she is now regretting ever having allowed her brothers so much leaway on this project.
The catalogue of errors is so huge than any rational person would take any half-decent offer and get out now. \"
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