I base this on a gut feeling, nothing more, and a fair few comments and sentiments expressed by Blackburn Rovers fans on the web and on social media settings. But I think the tide is turning in Venky's favour.
The manager is doing OK. Dan Clough's excellent blog Rovers Return reflects this theme with a good analytical post following the defeat at Chelsea yesterday. Link is here. Dan praises the attacking style and the positivity of 4-4-2. He's spot on about Nicola Kalinic being better attacking than being a lone striker. The only player at Rovers who can do that is Jason Roberts, which rather limits the options if that is the sole style of play.
There's this piece in the Mail on Sunday about Venky's. It's a positive feature that puts their point of view. It claims they are hugely wealthy and ambitious.
But the issue that gives me the most concern is the link with SEM/Kentaro. It's clear they are in control. They are in on two sides of transfer deals. It may suit them to have a club dominated by their clients, and it may suit them that this is a roaring success. But what if it doesn't turn out that way? Then what? And what if Venky's fall out with SEM?
I'm still convinced that Venky's don't really know what they're doing. It may be re-assuring to some fans that they have massive wealth, and their bling somehow validates this, but beyond the sincere pleas that they are eager to make Rovers a success, this deal is about what Rovers can do for Venky's, not the other way round. Longer term, this deal is about opening fast food chicken outlets. We're pretty helpless and stuck in the middle, we just have to hang on to the hope that they consider doing well in the Premier League to be within their gift and a price worth paying to market sell some more chicken.