Rovers CEO Steve Waggott has shared an update on the club’s financial situation at the latest fan forum meeting.

It was a challenging summer at Ewood Park, with Jon Dahl Tomasson and company doing their best to strengthen the squad despite budget restrictions caused by changes to tax laws in India.

Venkateshwara Hatcheries Private Limited has also been involved in a row with the Indian government relating to money used to purchase a luxury house in Lancashire in 2011.

However, it emerged earlier this month that the Venky’s had been awarded a High Court order to release around £11million in funding to the club.

The minutes from the fan forum read: “SW reported that the position had recently improved with the decision of the court ruling in India to allow an interim payment of £11m to cover current statutory operational costs.

“The owners had spent a considerable sum on legal fees to get to this stage. They are confident of eventual success and the amount of expenditure to date showed their ongoing commitment to the club.

“They were hopeful that further court approval should provide further funding for the club to cover the remainder of the 23/24 financial year.”

The January window is right around the corner and Waggott also shared an update on the club’s position regarding potential additions to the squad.

Seven fresh faces arrived in the summer, with Leo Wahlstedt and Semir Telalovic the only players to join for transfer fees.

“(Mike Graham) asked what effect the financial situation would have on the January transfer window. SW replied that the recruitment plan would be two fold," the minutes continued.

“Firstly, signing of key current players on new contracts. Secondly, there were a number of targets being listed as possible new squad additions but the club would have to act according to the financial position at that time.

“Gregg Broughton was making plans both on a short term and long-term basis with his Head of Recruitment and the recruitment team.”

Tomasson’s future at the club was also a major talking point over the summer amid the budget restrictions.

“(Peter Bolton) asked whether there have been any talks about the manager’s contract," it read. "SW replied that Jon Dahl Tomasson had a three-year contract that he was half way through and that nothing had been agreed to date on any extension to his current contractual position.

“(Savio Mathias) asked whether the manager was aware of the budget available to him for the transfer window. SW replied that he was and has been informed/made aware of the financial situation in India.”

A variety of other topics were on the agenda at the fan forum including season ticket sales, with the club confirming 9,116 had been sold for 2023/24 – an increase of 527 compared to last term.

Safe standing was also discussed and it was agreed that a questionnaire would be circulated by the club, the forum and the Supporters’ Trust to gauge fans’ opinions.