I've seen it all now. Damage has finally resorted to talking to himself. It was going to happen sooner or later truth be told
seeing as there is going to be 24000 houses why don't they build the stadium and leave car giant where it is too sell cars to all those people
The training ground is the real concern for me. There was a big fanfare made about the project, stating how it would be one of the best in the country and would attract top players etc etc. Now is it being scaled down without any real explanation. Again we have all of these promises without a brick being laid. Are the owners waiting on the stadium plans before deciding whether to put any real long term investment in to the club?
Would be nice if we could emulate this sort of astute financial management down the road:- Bayern Munich's Allianz Arena costs are paid off 15 years early please log in to view this image Bayern Munich have paid off all the costs of their Allianz Arena more than 15 years ahead of schedule, meaning they have more money to make signings. The club moved into the £235m stadium, which now holds 75,000 fans, in 2005. Chief executive Karl-Heinz Rummenigge told the official club magazine: "The revenues from the Allianz Arena can soon be invested in the team." Former club president Uli Hoeness has previously said it would free up £20m more in their playing budget. Rummenigge added: "We have financed the entire stadium privately and for that we took exactly 346 million euros into our hands in 2005 with a financing plan to 2030, so 25 years. "Now we have paid off the stadium completely after nine-and-a-half years." http://www.bbc.com/sport/0/football/30145248
The West London location of QPR has always been a key attraction for investors and TF (and the Mittals) should not be criticised for being astute businessmen as well as enthusiastic owners. Of course they want to make money from their ownership of the club if possible but to hear some talk you'd think that they should be limited to being generous benefactors rather than investors. That would be a sure way to be rid of our current and any future wealthy backers of course. If they can push through their plan there will no doubt be very healthy profit for the owners from the development but QPR will get a much needed new stadium and a decent chance of remaining at the top level of English football. That's a win-win of ever I heard it and us fans should be 100% behind the scheme rather than denigrating Fernades. There are no guarantees but if there is anyone we can rely on to have the best interests of the club at heart while also trying to turn a buck it is him.
I still think we come down to why TF & associates became involved with Queens Park Rangers. IMO (based on no knowledge or facts) this was the forerunner of The Tune Group etc. gaining a foothold in Britain (particulary London). If they are major players in the redevelopment of Old Oak or equivalent they will secure such profits that make any expenditure lost on our club absolute peanuts. However, the question is - What will be their position if they fail to win the contracts ? Will they still be interested in financing us or will we gradually see the "investment" decline? Perhaps this is why the new stadium is key to our Premier League survival.
The bottom line here is that every development of such size is usually a result of a consortium and in the current frenzy of building across the capital vast profits are being made which will mean there are some very experienced big-hitters out there with the money to deliver such a project with or without QPR. I'd be amazed if a business as established as Car Giant haven't already lined up some of these players to use their experience to win the contract. They'll be far further down the line than TF and I just get the feeling with Boris already eyeing Cameron's prospective political corpse next May that we'll be muscled out of the scheme by some far smarter operators...
