Reports emerged last week that the Premier League side could be on the verge of a financial crisis, and may even be unable to pay the players' and staff members' wages.
However, the club has today released a statement insisting that the stories were ill-founded, and that talks were progressing over future financial backing.
The statement on the club's official website read: "There was a report in "Mail Online" and Mail on Sunday newspaper last weekend that Blackburn Rovers is heading for a financial crisis and heading for a financial meltdown – and that the players' and staff wages were in danger."
"We strongly refute this story. There is no financial crisis, and, there is absolutely no danger to the players' and staffs wages."
"Amongst all professional football clubs, finances are regularly assessed and reassessed during the season based on performance, income and costs, and at Blackburn Rovers this is no different."
"Barclays bank and Blackburn Rovers have enjoyed a long relationship over many years and are currently in constructive dialogue about how the bank, along with the owners, can support the club for many years to come."
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