In real terms, ( please bear with me on this one.) I am erring on the side of lesser here, but.... Ecclestone is worth £2.2bn = £2.200,000,000 Briatore is worth £180m = £180,000,000 Mittal is worth £22,000,000,000 So lets say , that without losing any capital, yet aquiring 5% interest per annum ( Very conservative ) that the 3 of them earn this much in interest, per annum...... Ecc :- £400,000,000 Flav :- £36,000,000 Mittal:- £4,000,000,000 Remember this is for one year! So, just for arguments sake lets take Mittal out of the equation, he only has a 20% stake ( Worth £800,000,000 if he invested 5% of his annual income into QPR ) and has decided to pick up his ball and say that he is not playing. This leaves Tango & Cash.... So now we only have £436,000,000 to play with!!! Outgoings;- lets say player wages = 25 players eaning £25,000 a week = £32,500,000 per year. ( This is no where near the wage bill. 25k is what we pay maybe 1-3 players.) Plus running costs, Stadium, back room staff, security & other match day staff etc. This is all covered in gate receipts, matchday sales, & sponsorship. Plus Premiership windfall. ( Once again, this is a very, very conservative figure. But hey! Whats a few million between mates? ;-) ) This will also include the £1m a month to furnish QPR's debt, etc etc. Average UK earnings in salary = £22,000 a year lets say £25,000 for Londoners. Average price of a season ticket = £700 Which equals roughly 3% of our income before tax. Therefore folks, the whole point of this post is that Tango & Cash are only willing to spend on our beloved QPR's war chest ( 1.25m ), is the equivalent price of us forking out for 2 home match tickets. I am not a mathematician, or an accountatant and I have erred on the side of caution. All I am trying to do is put this whole depressing saga into real terms. I'm sure someone out there can get it almost exact, but i'm sure with Mittals pounds ( and as a businessman, I would do all that I could to get him on board.)the equivalent investment of a regular QPR fan would be less than a tenner. In summary... the amount QPR's owners are willing to invest to keep us in the Premiership is the cost of 2 average home game tickets. That is without Mittals backing. With Mittals backing it would cost less than a tenner. And that is without any of them losing any of their capital for one year!!!!......10 quid!!!
the thing with rich people is they like to stay rich. the best way of doing that is not to spend their money. this is the reason they wont spend money on the club. even more so if he wants to sell the club. lets just hope some wants to buy it soon because i dont think he is going to sell to the mittals
The point being that with a tiny bit of cash injection from the billionaires, we could of offered Adel a new contract, snapped up Cambell and kept hold of Routledge.. It's unfuckingbelievable...
Good on you, QPR999, you've put a lot of effort into putting your article together and you deserve credit for that. I suppose "being worth" £20bn is not the same as having that amount of cash on deposit earning interest at a certain rate. Presumably it would be tied up in property, shares etc and very little of it in hard cash but hey what do I know? We need someone like Goldhawk to run his eye over your figures and give his verdict.
"This will shock you to your back teeth!" ========================= I do find it shocking, and I find it hard to believe they will turn up next season, after this.
Tbh, I'm not at all shocked by this comparison between those who currently own and those who have always cared about the club. BUT I very much appreciate your efforts here in trying to make tangible the outrage and exploitation we're all feeling on a daily basis. As I've said before, the owners' actions and inactions are cynical in the extreme and begs the question: 'what the **** are they doing buying into this kind of business in the first place'? We speak these days of 'stakeholders' as being any party with an interest of any kind in an entity or issue. It is becoming or has become best practice that all stakeholders are consulted over directions around their interests. This level of democracy is not political correctness for its own sake. It is practical commonsense that prevents the kind of polarisation taking place here and now around QPR. The owners' wealth insulates them from the realities on the ground. They're blissfully ignorant of either the potential for conflict or its effect on them. That's them: one side of the equation. On the other side, there's us: people trapped in a worsening situation who unlike customers in general, cannot simply take their custom elsewhere... Health and Wellbeing of the Club In the absence of a takeover, consultation (or even simple one-way communication) around the positive health and wellbeing of the club is the only thing I can see that could close the widening gulf between owners and supporters. [The other thing that would get the fans onside would be prem wins and survival but without investment... ) If the owners (despite their personal wealth) could show that the reasons for their actions and inactions are based on a policy of frugality which aims to make the club solvent and financially viable for years to come, I believe the supporters would be placated and the pressure would be relieved. For example, if the income generated from promotion to the prem, sponsorship, sale of players, ticket prices etc. (well in excess of £100m over the next year) was seen to be being used to erradicate debts and stack the club's financial coffers, prem survival would be nothing like the issue it is atm. The problem is, the owners' failure to consult or otherwise communicate with stakeholders gives rise to suspicions that they intend to pocket this income and destroy the club in the process. The owners have made no attempt to deny this and it by the time this year's annual accounts are published we could be looking at FL1 football. As such conflict of some kind becomes inevitable, the question is in what form(s) it take(s). Interesting scenario at the very least...
One thing that everyone seems to have missed (or chooses to avoid) is the question of what to do about the clowns who own OUR club. Who is actually taking positive action No-one! Until someone does we need to stop whingeing and get on with it. Personally I would like to see a boycott of the club shop and programme sales to hit them in the pocket and DEMONSTRATE the depth of feeling amongst the fans. Boycotting the games is the ideal but why make the team suffer?
Welcome to the board Jeffers And well done 999, I've just noticed this has been made an article and is on NewsNow
Great response Brixton - the ever optimist, I'm expecting a Club announcement about a takeover in the next week or so
Hello all , glad someone find a new way for us to share our views , first of all i feel so strongly about this situation at present with the owners intent using our club as another of their money making machine. I really feel we must get together and get tango and cash out of town by that i mean protest in none attendance, buying of merchandsing products and give these blood suckers the message. Its well documented that eccleston only interested in buying something cheap and make a healthy profit , well some may say that is what its all about buy hey this is not any other business this is mass cooperation exchange of talent for big bucks on a yearly basis so if they intention is to playing silly games we must get these idiots out of control before we will be all sorry and ashamed of what they will left behind . I really believe this whole saga will end up very nasty the warning signs are there so i am all for us come together and demonstrate before the season starts , anyone with me here?
Many thanks Northolt. Well done to Brixton as well. He writes some very interesting and articulate articles.
Ps I've also been told that Steve Howard? has written a similar article in The Sun ( Friday 22nd July.) Maybe he got the idea from here.
The crux of this problem is expectations were raised that it now turns out cannot be met. 'Champions League in 4 years' was the cry following the takeover. That was never realistic and the ludicrous revolving door managerial policy in the first two and a half years put paid to that anyway. The expectations were further raised by the Mittals joining the board and being expected to take over, events have shown that isn't going to happen unless Bernie suddenly loses his nerve which seems unlikely. Fans like us always look in the first instance at the most optimistic reading of such events, and the Champions League statement coupled with the wealth of the board has fuelled what we now know to be wholly unrealistic expectations of what will happen this season. It has taken ten weeks for the euphoria of the 11th May to subside into the dire reality of our situation, it is not the fans' fault but the failure of the owners to communicate their real agenda which I feel has changed over the past few months.
