Uncle T on Talksh1te this am - listen again

[TBLOCKRANGER]

as for the trust issue, he has to earn that. chucking 60mil around in the transfer market only to be relegated does not earn my trust.

saying he has these big ideas regardind stadia and training ground is all well and good but when the builders move in then i will trust a little more.

if he wipes that 177mil debt then he will have my full trust.

until then i will keep my eyes wide open and continue to question.

I think you've got the point.
Our club debt free (as a championship club) would be worth what £60m if that, TF bought it as a premiership club.
With the debts we now have granted are owed to the owners would make our club be worth say £230m if they wanted to sell and pay off the debt.
Having massive debt isn't a problem if you are a club like man utd as the market value due to the brand and income generation is massive, so any wholesale of the club will swallow the debt, for eg if Man Utd have debt of say £600m they can sell the club to a wealthy individual for £2b.
However how are we ever going to pay off that debt unless
1. The owners take a hit, which appears unlikely as this isn't a Blackburn Walker situation of a local boy made good who bought the club and treated it with more love than his family.
2. We get back in the prem but that seemed to have got us into the problem last time.
3. The long term plan of new stadium and permanent prem football seems the only feasible option but it has massive risk if it doesn't pay off.
My concern is Bolton were a well run, long term prem club and had owners where the loans were against them but it just went wrong as they couldn't maintain prem football which their finances were based on on.
I know posters go on about Mittals as if they are some sugar daddy that will dip into their very deep pockets to save us if it's all goes Pete Tong but they weren't prepared to up their offer to T & C by approx £20m to buy the whole club even though that's a fraction of what AB spent on his wedding and 20m is less than one of his london houses but is expected to bail us out of the tune of £200m if it all goes wrong.
TF business credentials are excellent but you do get the feeling he's bitten off more than he can chew, I think he thought once we were in the prem with MH at the helm the club would be a cash cow but it didn't turn out that way and the desperation of trying to stay in the prem clearly set alarm bells ringing. Always remember an article the orange one wrote that I read inflight coming back from Sardinia where he said football clubs do weird things to rich blokes, it completely drains em of their money and all normal business logic goes out of the window resulting in billionaires becoming millionaires and millionaires becoming skint, he said it was almost impossible to make money with little investment unlike F1.
The club of our size and standing shouldn't be burdened with such a large debt, I don't personally think it's acceptable but it's a wait and see situation, I don't think it's anywhere near happy clapping territory.

[Hitman34]

Would he have really have left F1, or just a kick up the back side??

Who knows what the future holds. Whether we do or don't back him know one knows what's ahead. . But when he does finally leave, I like to think he'd leave more of a future for qpr behind him than an other owner we've had... and the plan's that are in place right now suggests that's exactly what will happen.

i guess we will soon find out.


Tony Fernandes ✔ @tonyfernandes
Challenging qualifying for us. No laps. Such a shame. Car has so much potential


so his car has all the potential in the world but cannot preform a single lap. hmmmmmmmmmmmmmm

[Hitman34]

I think you've got the point.
Our club debt free (as a championship club) would be worth what £60m if that, TF bought it as a premiership club.
With the debts we now have granted are owed to the owners would make our club be worth say £230m if they wanted to sell and pay off the debt.
Having massive debt isn't a problem if you are a club like man utd as the market value due to the brand and income generation is massive, so any wholesale of the club will swallow the debt, for eg if Man Utd have debt of say £600m they can sell the club to a wealthy individual for £2b.
However how are we ever going to pay off that debt unless
1. The owners take a hit, which appears unlikely as this isn't a Blackburn Walker situation of a local boy made good who bought the club and treated it with more love than his family.
2. We get back in the prem but that seemed to have got us into the problem last time.
3. The long term plan of new stadium and permanent prem football seems the only feasible option but it has massive risk if it doesn't pay off.
My concern is Bolton were a well run, long term prem club and had owners where the loans were against them but it just went wrong as they couldn't maintain prem football which their finances were based on on.
I know posters go on about Mittals as if they are some sugar daddy that will dip into their very deep pockets to save us if it's all goes Pete Tong but they weren't prepared to up their offer to T & C by approx £20m to buy the whole club even though that's a fraction of what AB spent on his wedding and 20m is less than one of his london houses but is expected to bail us out of the tune of £200m if it all goes wrong.
TF business credentials are excellent but you do get the feeling he's bitten off more than he can chew, I think he thought once we were in the prem with MH at the helm the club would be a cash cow but it didn't turn out that way and the desperation of trying to stay in the prem clearly set alarm bells ringing. Always remember an article the orange one wrote that I read inflight coming back from Sardinia where he said football clubs do weird things to rich blokes, it completely drains em of their money and all normal business logic goes out of the window resulting in billionaires becoming millionaires and millionaires becoming skint, he said it was almost impossible to make money with little investment unlike F1.
The club of our size and standing shouldn't be burdened with such a large debt, I don't personally think it's acceptable but it's a wait and see situation, I don't think it's anywhere near happy clapping territory.

exactly Tblock.