Blackburn Rovers’ owners sought permission to send £4.85 million to the club to help it meet statutory and contractual obligations from April to June 2025. On 26 May 2025, the Delhi High Court permitted the remittance subject to a bank guarantee equal to 50% of the amount. The order establishes permission and the purpose stated in the application; it does not establish that the full sum was transferred or show how the club ultimately spent it.
Why did Venky’s seek to send £4.85m to Blackburn Rovers?
The application was made by Venkateshwara Hatcheries Private Limited, Venky’s parent company, to remit £4.85 million to its wholly owned UK subsidiary, Venky’s London Limited. The application relied on a 26 March 2025 communication from Blackburn Rovers’ chief financial officer.
The Delhi High Court’s 26 May 2025 order recorded the application’s stated purpose: the money was required “to enable it to fulfil its statutory and contractual obligations for the period April-June, 2025.” That describes the purpose put forward to the court, not a later accounting of particular bills or expenses. Delhi High Court order, 26 May 2025
What conditions did the court impose?
The court permitted the remittance subject to Venkateshwara Hatcheries furnishing a bank guarantee equal to 50% of the amount sought. That is £2.425 million based on the requested £4.85 million. The order therefore was not unrestricted permission or a complete waiver of security.
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The order referred to a 2023 arrangement requiring security and end-use documentation for remittances. Its condition matters: the court allowed the proposed transfer while retaining a financial safeguard. Delhi High Court order, 26 May 2025
Was the £4.85m actually received and spent by the club?
The court order confirms that permission was granted for the proposed remittance, but it does not by itself confirm that the entire amount was subsequently transferred to Blackburn Rovers. Nor does it itemise how any funds received were used. The material available does not settle either question, so it is more precise to describe the sum as a proposed or court-permitted remittance than as a confirmed cash injection.
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How does this relate to earlier overseas-transfer difficulties?
Blackburn Rovers’ July 2024 fans’ forum minutes provide earlier context, but they predate the 2025 court order and should not be taken as a definitive account of the later legal position. The minutes record that CEO Steve Waggott discussed legal and technical difficulties in sending money out of India. A memo described an Indian government investigation unrelated to football, a requirement for a no-objection certificate before overseas transfers, and a bond requirement connected with earlier transfers.
Waggott said at that meeting that the issues would not affect club operations, that the 2024–25 budget had been approved, and that the owners had assured him they would cover the season’s losses. Those were statements made in July 2024, not a confirmation of the status or receipt of the separate £4.85 million sought in 2025. The same forum memo listed earlier payments of £3.54 million and £11.45 million, with £1.8 million of the latter allocated to agent fees; those historical figures are separate from the 2025 application. Blackburn Rovers Fans’ Forum minutes, July 2024
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What does this mean for the ownership story?
In April 2025, BBC Sport reported that Blackburn CEO Steve Waggott and COO Suhail Pasha told BBC Radio Lancashire that Venky’s did not want to sell the club and had received no concrete offers. That was their account at the time, not a guarantee about future ownership. BBC Sport, 2 April 2025
Financial Express reported in September 2026 that Venky’s London Limited remained Blackburn’s controlling company and described a five-year sponsorship agreement announced in 2023 between the club and Venkateshwara Hatcheries Group. It also cautioned that Companies House share-capital figures should not be read as the amount invested in Blackburn or as a valuation of the club. Those corporate figures do not establish the size or completion of the £4.85 million remittance. Financial Express, September 2026
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