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Queens Park Rangers count £56 million cost of joining the Premier League elite

Discussion in 'Queens Park Rangers' started by Wonko The Sane, Mar 31, 2012.

  1. Wonko The Sane

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    http://www.telegraph.co.uk/sport/fo...cost-of-joining-the-Premier-League-elite.html
     
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  2. Wonko The Sane

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  3. CernyBerny

    CernyBerny New Member

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    Fernandes won't be around much longer. Don't be surprised to see a third party come in sooner or later and I'm not referring to the Mittals.
     
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  4. Sooperhoop

    Sooperhoop Well-Known Member

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    The more I read about sums like these the more one word springs to mind...Portsmouth...
     
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  5. QPR999

    QPR999 Well-Known Member
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    How much sooner CB? This could be said of any owner, or player or manager come to that. They will all come and go eventually. ie Sooner or later. :emoticon-0181-fubar
     
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  6. Ranger74

    Ranger74 Well-Known Member

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    9's, I think you're being completely unfair on cerny....... If you're going to have a wild stab in the dark at something controversial you can't be too specific in case you look an idiot and get shot down in flames. Give the guy a chance. By the way, between you and me Adel will be leaving the r's at some point for a sum of money.
     
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  7. Sooperhoop

    Sooperhoop Well-Known Member

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    It wouldn't surprise me if Flav still had some finger in our pie. The loans being passed on like a relay baton is worrying and the 183% of turnover, albeit in the Championship will pale into insignificance if we are relegated with the current wage bill. £56.1 million net debt will probably rise above £100 million if we go down, it is in any industry totally unsustainable and with the financial fair-play regulations being introduced seriously limit our progression if we do turn things round. I do fear the worst at the moment...
     
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  8. CernyBerny

    CernyBerny New Member

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    That's a fair question, mate. I have heard off 3 different sources that Fernandes is already in the process of cutting his losses, the Mittals are one of 3 interested parties. I wouldn't expect any movement on this until the summer as obviously the price of said purchase will vary depending on what league we are in at the time.

    When I hear anymore I will keep you updated but this info is coming from the same source that informed me of the warnock "Spanish elbow"
     
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  9. QPR999

    QPR999 Well-Known Member
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    Do you know who the other interested parties are and are they connected to the Mittals?
     
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  10. CernyBerny

    CernyBerny New Member

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  11. FFS.73

    FFS.73 Active Member

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    What's the longest any of the current premiership clubs have had the same owners/ majority shareholders?Interesting to see how volatile this is and any relationship to success.
    My guess ( based on being too idle to look it up) is the Everton, Stoke and WBA may be up there......
     
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