This may be an exercise in stating the bleedin' obvious, but here goes; Potential purchaser Mittal made an offer, which was rejected by vendor Ecclestone. So in order for sale to be agreed, Mittal has to increase his offer or bid against himself. Similarly, Eccles has to reduce his asking price or bid against himself in order for the deal to be done. Which comes first, the chicken or the egg? Obviously Mittal is the one who has to act; he wants it, they don't have to sell; so until he moves we have stalemate. Eccles can't really be faulted for that.
Mittal made an offer, -twins. In normal negotiations, the other side, here the Goons, would make a counter-offer and then Mittal would counter-offer and so on. However, in this case, Mittal made a reasonable starting offer and the Goons said - no, it's insulting. Bid again, before we counter-offer. Thus telling the Mittals to bid against themselves which, as I say, is bad practice, and thus we have a stand-off until Eccles agrees to negotiate.
I'm sure that's how things are done when everybody is observing Queensberry rules, but I wonder about deals like this when strong characters like these guys are involved. If I had something which I didn't want to sell or was in no hurry to sell I wouldn't care about " normal rules of negotiation". My attitude would be "make me an offer I can't refuse". I suppose that's why I'm not a billionaire. As far as offers go, one man's reasonable offer is another's insulting offer.
I think with the help of accountants it would be possible to get an objective view of what is a reasonable offer. Anyway, the Goons are playing hardball because the club has just achieved promotion and they're on a high - things change - Mittal will wait...
Let's hope Goldhawk we get an early resolution,and one that favours the club, so that we can enjoy what we've earned, the right to enjoy our promotion and have a reasonable expectation of survival in the PL. COYR's!!!!!
Life has never been easy being a QPR fan - we've all suffered the pain of watching "OUR" club get dragged through administration and back out again. Hopefully Mittal et al will realise they need to get their next offer in before transfer window closes so that we can survive next season, or we will be the next Derby, and the laughing stock - again!
I can't see any takeover being completed before the start of the season, so like it not, we're stuck with the muppets for a while!
The club is guaranteed at least £40M from next season alone in the PL (with a total of something like £90M over the next four seasons). Mittal is gonna have to be a bit more honest with his offers than his mining, steelworks interests and links to the war criminal Blair! £33M is an insult, esspecially when you think that Bernie and Flav have been bailing the club out to the tune of a million a month! I am not exactly a fan of theirs' but I will not stand by when some of the stuff being spouted is garbage of the highest order!
Achievements: -------------------------------------------------------------------------------- Join Date: May 2011Posts: 1Points: 67 Level: 1Rep Power:0 Its a game of poker. The value of Mr. Ecclestone's stake is currently at its premium. But this can only go down, firstly when the transfer window closes and we have signed nobodys, then dropping lower when we are bottom of the league in September. There will be an optimum time in the next month or so when this penny willl drop, not that its helping moving the club forward at the moment. Then come January we will have to buy the Barcelona squad to avoid relegation.
If it's any consolation Arsenal seem to have a similar problem at the moment with Uzmanov and Kroenke and many of their players look to have had enough, a minor crisis in comparison to us but I think the Gunners could lose their best players in the next few weeks...
