Venkateshwara Hatcheries Private Limited's application to push through funding for Blackburn Rovers has been delayed until August 20.
Venky's have been using the High Court of Delhi to send money over to the club after the parent company was placed under restrictions by the Indian Government.
Rovers' owners are under investigation and last year had assets worth £7.3m seized, relating to money used to purchase a luxury house in Lancashire in 2011.
At the end of January, their court hearing was adjourned and rescheduled for March 12, a six-week delay. In a club statement, Rovers insisted that the club's day-to-day running would not be impacted by this delay.
The hearing for Venky's rescheduled application has now been delayed further, until August 20.
Official documentation released by the Court of Delhi states: "It is already 05:15 PM. The matter is likely to take some time. List on 20.08.2024 for final hearing."
This latest delay further underlines how unsustainable Venky's current funding options are. At a meeting with the Blackburn Rovers Supporter Trust, Chief Executive Steve Waggott insisted Venky's are not interested in selling the club.
However, there are serious long-term questions about how Rovers will be funded without an end to these sanctions imposed by the Indian government.
£11.5million was transferred in November to provide the club funding until the end of January. Venky's wanted their latest application to cover the club until the summer and beyond.
The sale of Adam Wharton and the influx of money from a sell-on in David Raya's move from Brentford to Arsenal will provide some buffer for the club.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel