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Rovers land £18.4m boost as Venkys request approved

Source: lancashiretelegraph.co.uk

Blackburn Rovers receive an £18.4m boost after owners Venkys get approval for a key request.
The EFL approved changes to the club's secured creditor status, releasing frozen funds.
This cash injection strengthens Rovers' finances amid ongoing transfer challenges.

Blackburn Rovers' Indian owners, Venkys, successfully got the English Football League (EFL) to approve a request that unlocks £18.4 million in funds for the club. The approval tweaks the terms of a secured creditor arrangement with Sumitomo Mitsui Banking Corporation, which had been blocking access to the money. This matters to Rovers fans and the club because it provides vital financial relief during a tough period of ownership issues and squad-building struggles in the Championship.