Blackburn Rovers have reported a £16.8m net loss for their 2017-18 League One promotion season, it has been reported in the Lancashire Telegraph, with owners Venky’s injecting £14m to keep the club afloat.
In all, Blackburn’s Indian owners are owed £108m in loans, having invested a further £147m in shares since buying the then Premier League club in 2010.
Rovers are 17th in the Championship, 11 points above the relegation zone, having finished second in League One last season under Tony Mowbray, to return to the Championship at the first attempt.
So should these losses be a concern for Rovers fans?
“Yes and no.
“Any football club posting a loss is a concern, of course, but it just so happens that most football clubs do.
“It could be worse, but I’d suggest that they get it sorted as quickly as possible – though it is indicative of many Championship clubs.”
“It’s slightly worrying.
“Bigger losses mean tighter control on the budgets, which could see fewer signings or less money spent.
“It’s a snowball effect and what happens and the top impacts that further down.
“It will be interesting to see how they fare next season.”
“Losses are fine if they’re sustainable.
“Did they make money the year before, is there investment coming in?
“If they sell Dack, it wipes them out in one.”