Opprettet 11/19/2010 2:21:12 PM
Sist oppdatert 11/19/2010 2:21:12 PM
Fra BRFCS.co.uk
The offer document to the minority shareholders is here
The key points from the document are:
The Venky´s Board has given assurances to BRFCI that Venky´s:
(a) will commit funds on a consistent and systematic basis to future transfer and/or loan activity;
B intends to continue to support the existing management team and staff, and that it is committed to
the future development of, and investment in, the Club’s academy and youth infrastructure;
© will continue to support, promote and extend the Club’s local community and CSR activities (VH
and its subsidiaries have their own trust engaged in significant charitable work);
(d) will seek to extend the Blackburn Rovers name and brand into India, the rest of south-east Asia
and beyond;
(e) will seek to develop and improve commercial performance across sponsorship, the Club´s kit deal
and general merchandising activity;
(f) will seek to enhance the fan experience at Ewood Park itself on match days (and non match
days) and to maximise season ticket sales and any remaining match day ticket sales; and
(g) intends to improve the Club’s media platforms (for example the Club´s TV channel) and to
become more active in the social media space).
In line with this, pursuant to the terms of the Share Purchase Agreement, Venky´s also has entered into
the following contractual commitments with BRFCI and the Club:
(a) the principal activity of Blackburn Rovers will continue at all times to be that of a professional
football club;
B the current President, Vice Presidents and Honorary Vice Presidents of Blackburn Rovers will not
be removed from those positions before June 2011 without the prior written consent of those
individuals;
© the statue of Jack Walker outside Ewood Park will be kept in a good state of repair and will not be
moved to a different location, obscured or have its prominence diluted without BRFCI’s prior
written consent; and
(d) the name of the stand at Ewood Park currently known as the Jack Walker Stand will not be
changed without BRFCI´s prior written consent.
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