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Matrade is an external government agency owned by the Malaysian government. So effectively the Malaysian government has stuck a 3-year deal with QPR.
Matrade has been trading since 1993.
The business is controlled by the Trade Department of the Malaysian government.
This could be good news.
It would not surprise me if they bought a stake or buyout QPR.
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Thank you for this utdate, New York. I was left to believe that Matrade was part owned by Ruben. If it is a state agency, I agree that this does not rule out a takeover. However, my best guess is that new owners might buy a stake, but that a takeover isn’t happening.
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Originally posted by Jimmy Floyd Rabbit View Post
How? Not in any way shape or form is that true, if anything it's the opposite.I played sunday league football today.
Clearly I was the best player on the pitch.
I scored 5 and made 7 last ditch tackles.
We lost 5-0 but the rest of my team were sh it!
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Originally posted by WeAreQPR12 View Post
In business you don't remove avenue's of generating money for new owners to benefit from because they might have much bigger opportunities than our current owners and now they've tied us up for 3 years, so it certainly won't mean we have a potential sale any time soon. I think the way it was worded was just missing a boom.
Firstly, the club is on it's ar5e. Without this short term injection which some could say is to finance a pay off and hiring of a new management team (I don't know) or possible signings we could see ourselves in League one. What potential suitor would be interested then?
Secondly, what boom? Do you think any takeover of a football club happens in days or weeks?
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Originally posted by Undecided View PostI'd have thought it would be allowed as income under FFP. After all, it is regular contractual income.
Anyone know?
Personally, if I was in charge I'd have run it by The League first. Maybe the club did so?
Given how Man City carry on I think a club would really have to take the pee to get in trouble, sorta like Derby did in selling their own ground to themselves for £300,000,000 ie applying Mayfair value to Old Kent Road property.
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Originally posted by newyorksky10 View PostMatrade is an external government agency owned by the Malaysian government. So effectively the Malaysian government has stuck a 3-year deal with QPR.
Matrade has been trading since 1993.
The business is controlled by the Trade Department of the Malaysian government.
This could be good news.
It would not surprise me if they bought a stake or buyout QPR.
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