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Hello All,
Long time reader first-time poster here - enjoyed it so much I joined.
A question, more of a query really. About ten years ago (probably longer?, it was when the club was on its knees and begging for fans to invest) me and my brother bought shares in QPR - very modest ones, one hundred quid each, but we felt we were helping the cause.
We're no accountants to say the least and regularly got/get financial reports which, to us, are pretty much unreadable. When Briatore and Co took over the gist seemed to be if you don't sell us your shares back then you're a really bad fan. We thought, F that, you're billionaires, why do you want our pitiful 200 quids worth, we'll hang on tho them.
I think, and i may well be wrong, that they were about 16p per share when we bought them. Last year, in the prem and with even richer owners, they seemed to be worth 1p per share. I have a feeling Briatores mob somehow diluted/devalued them? Anyone here with better financial nouse than me know this happened? Just out of interest... and also to explain to the missus how I have failed to buy a yacht as promised.
Long time reader first-time poster here - enjoyed it so much I joined.
A question, more of a query really. About ten years ago (probably longer?, it was when the club was on its knees and begging for fans to invest) me and my brother bought shares in QPR - very modest ones, one hundred quid each, but we felt we were helping the cause.
We're no accountants to say the least and regularly got/get financial reports which, to us, are pretty much unreadable. When Briatore and Co took over the gist seemed to be if you don't sell us your shares back then you're a really bad fan. We thought, F that, you're billionaires, why do you want our pitiful 200 quids worth, we'll hang on tho them.
I think, and i may well be wrong, that they were about 16p per share when we bought them. Last year, in the prem and with even richer owners, they seemed to be worth 1p per share. I have a feeling Briatores mob somehow diluted/devalued them? Anyone here with better financial nouse than me know this happened? Just out of interest... and also to explain to the missus how I have failed to buy a yacht as promised.
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