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Fernandes/Bhatia

Discussion in 'Queens Park Rangers' started by GoMadgeGo, Aug 14, 2011.

  1. rangercol

    rangercol Well-Known Member

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    Pretty sure he was there. Looked like him from my seat in S block.
     
    #21
  2. rangercol

    rangercol Well-Known Member

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    I'm with you on that at least.
     
    #22
  3. Sooperhoop

    Sooperhoop Well-Known Member

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    "But let's see if I do get involved"...

    The words of an accredited bullshitter don't inspire any confidence whatsoever. Is this another big publicity stunt? Hopefully Bhatia can close the deal, but Fernandes (a bloody Hammers fan) seriously worries me...
     
    #23
  4. Grifter

    Grifter Well-Known Member

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    I hope they bring back Jude
     
    #24
  5. Eamon Holmes

    Eamon Holmes Well-Known Member

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    I'm afraid I'm with you on this one Sooper. He went all through this with his non-takeover of WH. Can see us being back to square one on Thursday.
     
    #25
  6. Northolt-QPR

    Northolt-QPR Active Member

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    I was thinking like that till the Bhatia taking 45% bit, makes me think it's bona-fide!
     
    #26
  7. Eamon Holmes

    Eamon Holmes Well-Known Member

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    I don't think Bhatia's 45% is in question, but I have an uneasy feeling that Fernandes will come out with a statement that says "Having thought about it ower the last few days there are some things that I am uneasy about ... so I'm out."
     
    #27
  8. SUPERNORWICH 23

    SUPERNORWICH 23 SUPERNORWICH

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    It doesn t matter if you keep losing so long as Bernie is flogging Luis Vuiton handbags in your boutique club...........I m laughing but feel sorry for you lot as you keep getting passed around by dodgy sugar daddies that don t care about the fans or the club:lipsrsealed:......
     
    #28
  9. WBA2_QPR3

    WBA2_QPR3 Well-Known Member

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    Hmmm I'm not convinced. Fernandez worries me, particularly with his takeover of caterham cars. A lot of hype but I will wait and see what develops first. His language is all wrong in that interview IMO

    My main concern / worry / nibbling doubt is that neither Swiss Tony or Amit personally have the kind of cash to buy the club AND invest heavily and bankroll it without mr mittals backing
     
    #29
  10. Grifter

    Grifter Well-Known Member

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    "Mr Mittal has not been afraid to enjoy his riches. He bought his main house in West London for £57m from Bernie Ecclestone. He owns a 20% stake in Queens Park Rangers football club, and has offered to stump up most of the £22m cost for a 377-ft twisting tower in time for the 2012 Olympic Games.

    His daughter, Vanisha Mittal, meanwhile made headlines after holding one of the most expensive weddings in history when she married Amit Bhatia in 2005, racking up a bill of some £60m."

    Cor, and all Bernie wants is a poxy 100mill !!
     
    #30

  11. BrixtonR

    BrixtonR Well-Known Member

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    Come, come Wubs. This is no time for getting so gloomy. Pour yourself a glass of Sais Pas or Quel Que Soit and look on the bright side.

    Whilst the Goons have got the 'ump with Lakshmi to the extent they won't do business, they're clearly still talking to Bhatia (he was sitting in front of Bria yesterday and never exchanged slaps once!). That alone shows Amit's still more than interested in Rangers and the owners have found a way through the impasse.

    If you can't see 1-2-3 reasons to be cheerful when they're so tangible, how the **** do you manage it when they're ficticious?!!
     
    #31
  12. WBA2_QPR3

    WBA2_QPR3 Well-Known Member

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    Sorry Brix I'm all out of Sauternes at the moment and it's not improving my mood.

    Is there nothing straightforward or honourable in football anymore ?
     
    #32
  13. rajman

    rajman Active Member

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    He was there yesterday I saw the match on a sat feed and well before the game they showed a shot of Amit sitting chatting away to Paladini
     
    #33
  14. seahoop

    seahoop Well-Known Member

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    Bhatia is Mittal's son in law....but where does Ishan Saksena fit in to the Mittal clan ?
     
    #34
  15. Northolt-QPR

    Northolt-QPR Active Member

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    Amit's mate.
     
    #35
  16. CernyBerny

    CernyBerny New Member

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    Takes Paladini's place.
     
    #36
  17. Eamon Holmes

    Eamon Holmes Well-Known Member

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    Does that mean he's got to take lessons in being a prize pillock?
     
    #37
  18. Rollercoaster Ranger

    Rollercoaster Ranger Well-Known Member

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    I had decided not to touch that one Eamon. It was beautifully set up though.
     
    #38
  19. Northolt-QPR

    Northolt-QPR Active Member

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    Financial Times

    AirAsia owner nears deal for QPR

    By Kevin Brown in Singapore

    Tony Fernandes, Malaysian airline entrepreneur, is poised to take majority control of Queen’s Park Rangers, the English Premiership football club, as early as Monday, according to people with knowledge of the transaction.

    Mr Fernandes, owner of the low-cost airline AirAsia, is close to finalising a deal where he will buy a 51 per cent stake in the newly promoted West London club from Bernie Ecclestone, the Formula One motor racing chief.


    The balance of Mr Ecclestone’s 62 per cent holding would be acquired by Lakshmi Mittal, the UK-based Indian steel magnate who already holds a 33 per cent stake.

    The deal would complete Mr Fernandes’ long quest for ownership of a premiership club. He has several times tried and failed to buy West Ham United, the biggest soccer club in east London.

    It would also provide a way out of a difficult situation at QPR for Mr Ecclestone, whose relationship with Mr Mittal has become increasingly fraught.

    However, people with knowledge of the deal cautioned that it had not been sealed and could be delayed or even collapse as the parties sought to reach agreement on final details.

    The price was unclear, although those close to the deal said Mr Fernandes would not be paying anything close to the £100m Mr Ecclestone was said to be seeking.

    The outline deal may also provide the opportunity for a continuing role in the shareholding for Flavio Briatore, the former team principal of Renault F1 who was QPR chairman until last year and who retains a small stake.<doh>

    Mr Fernandes, who with Mr Briatore watched QPR lose 4-0 at home to Bolton Wanderers on Saturday in the first match of the premier league season, is one of Asia&#8217;s boldest and most successful entrepreneurs.

    Neither Mr Ecclestone nor Mr Mittal was at the match. Mr Ecclestone did not return calls on Sunday asking for his views on the matter, while aides said Mr Mittal was on holiday and unavailable for comment.

    With interests ranging from airlines to hotels and telecoms through his privately held Tune Group, Mr Fernandes&#8217; best known business is Kuala Lumpur based AirAsia, one of the most rapidly growing budget airlines in the region.

    The English Premier League is highly popular in many parts of Asia, with widespread reporting on matches and broadcasting of live matches in many countries, including Malaysia and Singapore &#8211; both big markets for AirAsia.

    Mr Fernandes last week announced a deal where he acquired informal control of state-owned Malaysian Airline System through a 20.5 per cent stake held by Tune.

    In return, he gave the Malaysian government a 10 per cent holding in AirAsia and a similar interest in AirAsia X, a separately owned and managed long haul budget carrier.

    Mr Fernandes, who has a keen eye for the value of sporting links in building brands for his businesses, is in his second year as proprietor of the Lotus F1 motor racing team, which he sees as a significant provider of publicity for AirAsia even though his holding in the airline is separate from his private investment in the racing team.

    Additional reporting by Peter Marsh in London

    http://www.ft.com/intl/cms/s/0/ea36845c-....l#axzz1V1yX2tkg
     
    #39
  20. Northolt-QPR

    Northolt-QPR Active Member

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