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Fernandes completes £60million takeover of QPR

Discussion in 'Queens Park Rangers' started by NorwayRanger, Aug 18, 2011.

  1. NorwayRanger

    NorwayRanger Well-Known Member

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    <cracker><cracker><cracker><cracker><cracker><cracker><cracker>

    By Paul Warburton
    TONY Fernandes paid £60million to take control of QPR and will give manager Neil Warnock another £10million to bring in up to five players over the next 12 days.

    The airline mogul is part of a three-man consortium from his native Malaysia &#8211; and takes immediate control of the 67 percent stake previously owned by Flavio Briatore and Bernie Ecclestone.

    However, the Mittal family declined to sell their 33 percent stake. And although Fernandes, expected to be presented at a press conference this afternoon, is now calling the shots, he has accepted he cannot have total control of Rangers &#8211; for the time being.

    http://www.fulhamchronicle.co.uk/london-sport/london-qpr/2011/08/18/fernandes-completes-60million-takeover-of-qpr-64767-29258152/
     
    #1
    NorwayRanger, Aug 18, 2011
  2. Shawswood

    Shawswood Well-Known Member

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    So it's true then; can't wait for the press conference. The devil will be in the detail , no doubt.....
     
    #2
    Shawswood, Aug 18, 2011
  3. jon434_QPR

    jon434_QPR Member

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    so it was £60m and not the £100m the goons demanded
     
    #3
    jon434_QPR, Aug 18, 2011
  4. kiwiqpr

    kiwiqpr Barnsie Mod

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    four loanees and 1 10mill plater
     
    #4
    kiwiqpr, Aug 18, 2011
  5. GoldhawkRoad

    GoldhawkRoad Well-Known Member

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    This explains where some of his money is coming from. Be interested to know who the other two individuals are
     
    #5
    GoldhawkRoad, Aug 18, 2011
  6. rangercol

    rangercol Well-Known Member

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    Me too!! :emoticon-0107-sweat
     
    #6
    rangercol, Aug 18, 2011

  7. Eamon Holmes

    Eamon Holmes Well-Known Member

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    Reading all the press reports I have seen Fernandes has 51%, 55%, 61%, 65% and now 67%.

    I wonder which one will be right!
     
    #7
    Eamon Holmes, Aug 18, 2011
  8. kiwiqpr

    kiwiqpr Barnsie Mod

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    no sign of mordy then
     
    #8
    kiwiqpr, Aug 18, 2011
  9. rangercol

    rangercol Well-Known Member

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    I wonder if there may be a shock or two when we get the truth?
     
    #9
    rangercol, Aug 18, 2011
  10. LoopyR

    LoopyR Well-Known Member

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    Of course there will be a shock mate, we are QPR!
     
    #10
    LoopyR, Aug 18, 2011
  11. Davej51

    Davej51 Member

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    SSN reports TF has brought 51% and LM buying up the rest and Amit back on the board. News conferance at 130pm!!
     
    #11
    Davej51, Aug 18, 2011
  12. Northolt-QPR

    Northolt-QPR Active Member

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    Hope that ones right Dave.
     
    #12
    Northolt-QPR, Aug 18, 2011
  13. NorwayRanger

    NorwayRanger Well-Known Member

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    Breaking News!
    Flab and the midget has handed in a request for Malaysian citizenship <yikes>
     
    #13
    NorwayRanger, Aug 18, 2011
  14. West London Willy

    West London Willy Well-Known Member

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    £750k of it will be Dunga, and if it helps, I'll chip in a tenner to see the back of the goons....
     
    #14
    West London Willy, Aug 18, 2011
  15. jon434_QPR

    jon434_QPR Member

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    so its 13:30pm now for the press conference. I have heard so many shares percentages im totally confused :)
    I think we might have to run a sweepstake on it weve had so many suggestions!
     
    #15
    jon434_QPR, Aug 18, 2011
  16. rangercol

    rangercol Well-Known Member

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    May only be NW at the news conference according to sky and no announcement. Total shambles!!
     
    #16
    rangercol, Aug 18, 2011
  17. QPR12thman

    QPR12thman Active Member

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    Well I bloody hope fernandes' share and mittals share add up to 100%. BBC sport are reporting 66% and 33% respectively and I'd be very peeved if flabio held on to 1% just so he can show his ugly mug around LR.
     
    #17
    QPR12thman, Aug 18, 2011

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