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Title: QPR Takeover Post by: Tonji on August 10, 2007, 07:19:27 PM Quote The Queens Park Rangers Supporters Trust say they would welcome news of a takeover by Formula One supremo Bernie Ecclestone. A report on Friday linked Ecclestone and Flavio Briatore, who is in charge of the Renault F1 team, with a bid for the Championship club and Trust Co-ordinator Tracy Stent believes this would be "good news" as high-profile investment is needed to secure QPR's future. Rangers took out a £10million loan from the Panama-based ABC Corporation to help them out of administration five years ago, an arrangement which has proved restrictive ever since. She said: "If someone came in with a large amount of money, they would be saving the club. "The club needs to find someone to re-finance the structure of the ABC loan. It is imperative that something is done about this. "If these names are being mentioned, it can only be good news." I really hope there is some truth in this Title: Re: QPR Takeover Post by: Graham C on August 10, 2007, 10:06:49 PM I hear there's some competition though, but the other party is waitiing for their members to come up with their £35's :D
Ecclestone was linked with an Arsenal buy out not that long ago. Title: Re: QPR Takeover Post by: Tonji on August 11, 2007, 11:12:54 AM Quote Ecclestone was linked with an Arsenal buy out not that long ago. Yep it seems like Ecclestone is more interested in Arsenal, & Flavio Briatore may be our only hope. That is if anyone can understand his incomprehensible use of english!! Title: Re: QPR Takeover Post by: booder on August 11, 2007, 11:20:16 AM Quote The Queens Park Rangers Supporters Trust say they would welcome news of a takeover by Formula One supremo Bernie Ecclestone. A report on Friday linked Ecclestone and Flavio Briatore, who is in charge of the Renault F1 team, with a bid for the Championship club and Trust Co-ordinator Tracy Stent believes this would be "good news" as high-profile investment is needed to secure QPR's future. Rangers took out a £10million loan from the Panama-based ABC Corporation to help them out of administration five years ago, an arrangement which has proved restrictive ever since. She said: "If someone came in with a large amount of money, they would be saving the club. "The club needs to find someone to re-finance the structure of the ABC loan. It is imperative that something is done about this. "If these names are being mentioned, it can only be good news." I really hope there is some truth in this time to don your superhero outfit Mr Camel Title: Re: QPR Takeover Post by: Tonji on August 21, 2007, 10:57:09 PM looks like Briatore is on his way in :)
Title: Re: QPR Takeover Post by: AndrewT on September 03, 2007, 10:32:29 AM OK, so the F1 guys have made a £14m offer - £1m for the club plus covering £13m of debt.
http://news.bbc.co.uk/1/hi/business/6975720.stm (http://news.bbc.co.uk/1/hi/business/6975720.stm) Quote The pair will also loan the club £5m - partly to buy new players. Eh? Isn't this exactly how we got into the current mess - taking on loans from Also, if they think a £5m loan will 'get us into the Premier League within the next four years' then they clearly know cock all about football. I have a bad feeling about this. Title: Re: QPR Takeover Post by: Tonji on September 03, 2007, 06:27:32 PM I agree Andrew, It does not add up. Eccelestone could clear the debt, its loose change to him.
Title: Re: QPR Takeover Post by: Sunday8pm on September 03, 2007, 06:32:50 PM SOOPAH HOOOOPSSSSSAHHHHHHHHH
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