Blackburn downplay financial crisis rumour

Blackburn Rovers have strongly denied that they are on the cusp of a financial crisis, and stated that the club have a secure and strong relationship with their bank.

Reports over the weekend stipulated that Barclays Bank had requested a £10million equity injection and that consequently the players’ wages were in danger of not being paid.

However the Lancashire club have issued a statement to the contrary, stating their financial future is being planned for and secure.

“There was a report in Mail Online and the Mail on Sunday newspaper last weekend that Blackburn Rovers is heading for a financial crisis and facing a financial meltdown – and that the players’ and staff wages are in danger,” an official Rovers statement reads.

“We strongly refute this story. There is no financial crisis, and, there’s absolutely no danger to the players’ and staff wages.

“Amongst all professional football clubs, finances are regularly assessed and reassessed during the season based on performance, income and costs, and at Blackburn Rovers this is no different.

“Barclays Bank and Blackburn Rovers have enjoyed a long relationship over many years and are currently in constructive dialogue about how the bank, along with the owners, can support the club for many years to come,” it concluded.

By Gareth McKnight