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Blackburn Rovers accounts do not make happy reading

The accounts of Blackburn Rovers for 2016/17 do not make for happy reading with the effects of years of the Venky's regime all too evident to see. There have been £225m in losses over the years under their stewardship. You could buy a lot of chickens for that.

Rovers were still in the Championship in 2016/17 and 45 per cent of their income came from media. This is anticipated to fall from £6.7m to £1m this year. In the preceding year it was £13.5m. Total income for 2017/18 is estimated at £6m. Last year the club was losing £262,000 a week.

Match day income was slightly down at £3.3m. Commercial income fell from £5.06m to £4.47m. This is a reasonably good figure in relation to comparable clubs.

The club has a £12m overdraft and owes £95m to Venky's. Since the club was relegated from the Premier League under the Venky's their borrowings have risen from £25m to £113m. They spent £147 on wages for every £100 of income in 2016/17, a worryingly high ratio.

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