Addition to The Board.

https://www.qpr.co.uk/news/club-news/jamie-reuben-joins-qpr-board/

Sounds quite loaded and an excellent businessman too.

Progress?

 

And loaded!!!!!

According to the Sunday Times Rich List 2016, David and Simon Reuben and their family had an estimated personal net worth of GB£13.10 billion,[2] an increase of GB£4.60 billion on the previous year and ranking them as the wealthiest British family.[15] Meanwhile, in 2016 Forbes magazine's annual billionaires list estimated the Reuben brothers' wealth in 2016 as the 60th wealthiest billionaires with a net worth of US$14.40 billion, an increase of US$0.70 billion.[1] The Reuben's net worth has progressively increased, especially since 2011, when their net worth has doubled.[16][17]

That's the family stat, not Jamie personally.

 

Rich, wonder if someone is on the way out??

 

Is the statement "Reuben is a real estate and property developer" rather important???

Two things...
1. If the board were going somewhere/quitting they would not be adding their friends to the board
2. This board member knows how to develop sites....such as the Linford Christie or Old Oak Site.

So we have a board that is very highly linked to the Steel mogul, a property developer. Two of the families are completely loaded. They are up to something big, and they are not going anywhere. Good news I think

 

Thanks Beth, good and hopefully accurate perspective. Trying not to get too excited about this - and failing!

 

Iffy barnet get rid

 

Is he a non exec or an exec director and does he own any shares?

 

Yay. Another playboy to come and inappropriately touch QPR.

 

Will he piss another £250 million into the wind for us? Doesn't really matter how rich he is we can't spend any of it thanks to FFP...

 

Sounds like he can't really lose as there is no more to lose. Is he young enough to wait for his rewards?

 

Have we pinched him from a Newcastle take over?

 

I’m sure he’s a lifelong QPR fan.

 

Unfortunately of the Phil Collins variety.

 

The statement doesn't suggest that he has bought any shares, so presumably he will have an advisory, non-exec position. Given his experience in re-development, it must be hoped that he will be advising on the stadium/training ground projects.

 

This might be an over cynical perspective but it looks like a playboy mate of Amit getting to play with a football club without having any skin in the game.

Unless he can get us a West End site for a new stadium, in which case he would be a genius hero.

 

Time will tell. For the moment I'm choosing to believe it is a good sign.

 

Could be stepping stone to part ownership of the club.

Gazing into my crystal ball, he may buy out TF and progress from there.... which would be a very positive move for us.

A person of such an array of business contacts, nous and coin, can only be good for the club.

Good news people!

 

Buying TF out was the very first thought I had when I saw the news. Whether it's that or an addition, it can't hurt to have TWO multi-billionaire families on the board!

 

Shares QPR?
He was 40% of 12% in a stlyee akin to boss Hogg

Buy them for £2.50 and instantly they are actually worth 37p