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How Blackburn Rovers’ Owners, the Venky’s, Built Their Poultry Business—and the £1.66bn Estimate

VH Group traces its roots to a poultry business founded in Pune in 1971. The £1.66bn figure associated with Blackburn Rovers’ owners is a dated media estimate, not a verified measure of personal wealth.
From TheFinanceBase Team3 min to read
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The Venky’s business story begins with a poultry company founded in Pune in 1971 and expands through breeding, processing, vaccines, feed and related products. The £1.66bn figure linked to Blackburn Rovers’ owners is a reported media estimate published in July 2023—not an audited calculation of the Rao family’s personal wealth.

How the Venky’s business began

VH Group says its origins lie in 1971, when founder chairman B.V. Rao established Venkateshwara Hatcheries Pvt. Ltd. in Pune. The company’s account describes a business that grew from hatcheries into a wider poultry and allied-products group. VH Group’s history and business overview lists activities including breeding, egg and chicken processing, diagnostics, vaccines, feed and nutritional products.

How the group broadened beyond hatcheries

The company lists a range of businesses and products, but does not publish revenue, profit or wealth contributions for each one. Its stated areas of activity include:

  • SPF eggs, chicken and egg processing, and broiler and layer breeding
  • Genetic research and poultry disease diagnostics
  • Vaccines, feed supplements and biosecurity products
  • Poultry feed and equipment, nutritional health products and soybean extract

This diversification is the evidence-backed explanation for how the enterprise became broader than a hatchery business. The available company account does not establish which line contributed most to the family’s wealth.

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Who leads VH Group

VH Group identifies Dr. Anuradha J. Desai as chairperson. Its leadership profiles name B. Venkatesh Rao as joint managing director and B. Balaji Rao as a wholetime director; Balaji Rao is also identified as managing director of Venky’s (India) Ltd. The group’s profiles do not provide a detailed account of how ownership or family wealth was divided.

A Blackburn Rovers ownership explainer says the Rao family took control of the poultry business in 1996, after B.V. Rao’s death. That is secondary reporting, rather than an official succession history from VH Group.

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What the £1.66bn figure represents

The Yorkshire Evening Post published a football-owner comparison on 17 July 2023, updated that day, which listed Blackburn Rovers’ owners with a “Reported net worth” of £1.66bn. The article does not provide an asset schedule or explain how the figure was calculated. The dated comparison therefore supports describing £1.66bn as a published estimate, not as a verified current balance sheet or audited measure of the Rao family’s personal wealth.

The same ownership explainer separately attributes a £1.56bn estimate to the Mirror, dated April 2022. Because the figures come from different publications and dates, and their methods and definitions are not established as comparable, the difference does not show how the family’s wealth changed. Blackburn Rovers News’ attribution is the source for that earlier figure.

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What Blackburn Rovers’ finances do—and do not—show

Blackburn Rovers is part of the wider group portfolio, but the club is not the source of the group’s entire reported fortune. Companies House lists The Blackburn Rovers Football and Athletic Limited as active at Ewood Park. Its filing history records accounts made up to 30 June 2025, filed on 3 April 2026. Those filings concern the club company; they do not disclose the personal wealth of its owners or establish that £1.66bn is available to fund the club.

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What is—and is not—known about the family’s wealth

The defensible account is that the group says it grew from a 1971 poultry enterprise into a business spanning multiple poultry and allied-product activities. The sources cited here do not provide consolidated revenue, profit, valuation or segment contributions, and they do not establish a verified current personal net-worth figure for the Rao family. The £1.66bn amount should consequently remain attached to its publisher and July 2023 date whenever it is cited.

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