The owners of Blackburn Rovers have denied reports that they would vote in favour of scrapping relegation from the Premier League.
It was suggested yesterday that a number of foreign owners in the English top flight were considering making a proposal that would see the format of the league altered.
However, Venky's have claimed that they are "fully supportive" to how the Premier League is currently run.
"In response to recent stories in the media, Venky's wish to clarify its position with regards to the current competition rules of the English Premier League," read a Blackburn statement. "Our decision to buy a Premier League football club was heavily influenced by the quality, competitiveness and exciting nature of what we believe to be the best league in the world.
"We see no reason why anybody would feel it necessary to change the current format of the competition and are proud and privileged to be a part of such a great League.
"We remain fully supportive and committed to the Premier League, its format and its successes and hope to be a part of it for many years to come."
Earlier today Wigan Athletic chairman David Whelan also dismissed the recent suggestions.
Liam Apicella
