Originally posted by Mellowhoop
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Board In Talks Today..With Each Other
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Originally posted by Loneranger80 View Postmoon have you heard that Mittall wants all? and is it likely to happen?
Believe or not flavio loves Qpr and can't tear himself away from it, had the money on the table 10 months ago and bottled it
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Originally posted by moon_safari View PostTo answer the second part think all depends on flavios ego can be bought, as reported earlier in the week think he wants some stake in the club.
Believe or not flavio loves Qpr and can't tear himself away from it, had the money on the table 10 months ago and bottled it
I'm not ITK, however my understanding of first refusal is that if BE wants to sell or receives an offer, he would give Flav the opportunity to match the offer, and if Flav does not take up that offer, BE can then sell to anyone he wishes.
That being the case, I'd be hugely surprised if Flav has the money to repurchase those shares. If he still has a small shareholding, then fine, let him keep it, it wouldn't make any difference to a majority shareholder doing what they wished going forward.
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My fear is even though Flav and Bernie have spent millions, we might be hit hard on season ticket prices if they stay putALL BEST BANTER AND ALL THE LATEST FROM QPR.
THE WEST LONDON 90 MINUTE FOOTBALL SHOW EVERY MONDAY FROM 9.30PM http://mixlr.com/the90mfs/
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Originally posted by Bernie's Barnet View PostSeem to be a few who think BE cannot sell the shares he bought from Flav as Flav has first refusal to repurchase.
I'm not ITK, however my understanding of first refusal is that if BE wants to sell or receives an offer, he would give Flav the opportunity to match the offer, and if Flav does not take up that offer, BE can then sell to anyone he wishes.
That being the case, I'd be hugely surprised if Flav has the money to repurchase those shares. If he still has a small shareholding, then fine, let him keep it, it wouldn't make any difference to a majority shareholder doing what they wished going forward.
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Bernies Barnet, you could be right but I'm guessing the reason for the board meetings is a difference of opinion of how things move forward and pretty confident as i said before it wil lead to an either or situation.
Mittal or Flavio and bernie, not all 3 or even 2 Mittal and Flavio.ALL BEST BANTER AND ALL THE LATEST FROM QPR.
THE WEST LONDON 90 MINUTE FOOTBALL SHOW EVERY MONDAY FROM 9.30PM http://mixlr.com/the90mfs/
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Probably need to don my tin hat but I don't have a problem with ticket prices going up within reason as long as the board is also digging deep to buy better players. Worried by Warno's interview in the Standard tho' as think under Bernie/ Flavio we cd have high prices with relatively little transfer spending and that, at a stroke, would take away a lot of the goodwill and optimism that has built up this season.
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