Did Amit leave because he failed to buy out QPR?

[alexferguson60]

I know that Amit left because the club refused to do anything about firing Gianni Paladini after the FA shenanigans and 'price increases' at the club, but I think there's another reason: he failed to buy out QPR.

As soon as the buyout was a failure, his position was untenable.

If we're honest, the deal for QPR should have been done when we were in the crapper in the middle of last season. It wasn't, and now it's more expensive.

Thoughts?

[PutneyHoop]

It's not too late.

[lymehoop]

think your right, but expect the Mittals to be back with an increased offer

[stan_bowles]

Good point mate.

Yeah,if the Mittals attempted a buyout,which Ecclestone denied he knew anything about last weekend,failed,then yes,Amit was in a difficult position and had to resign.

The plot thickens.

[Ric-Roc]

Why did he / they turn down Flavio's shares when offered them 6 months ago?

Allegedly. If true massive schoolboy error.

[stan_bowles]

Why did he / they turn down Flavio's shares when offered them 6 months ago?

Allegedly. If true massive schoolboy error.

Was it true or just rumours Ric?.

[alexferguson60]

Good point mate.

Yeah,if the Mittals attempted a buyout,which Ecclestone denied he knew anything about last weekend,failed,then yes,Amit was in a difficult position and had to resign.

The plot thickens.

Of course - and I think Amit told the press- (or someone employed by him) that the Mittals were 'steeling' for a bid for QPR last week. This infuriated Ecclestone. The next thing? There has been a bid 'behind closed doors', and Bhatia leaves with the PR and fanbase applauding him.

Paladini should have been fired, though.

[Ric-Roc]

Was it true or just rumours Ric?.

I would very much like to know the answer to that mate.

[Sotonsuperhoop]

When BE bought FB's shares there was a clause saying that if BE wants to sell FB has first refusal so The Mittals where never gonna take complete control. FB would not have let it happen.

What I can't understand is why BE wants to stick around after saying on more than one occaision he wants out and that he didn't want the additional hassle of owning a premiership club. Am I missing something?

[QPROslo]

If Mittal's highest bid was really £35m (presumably his valuation of 100% of the company), as has been mentioned on this messageboard, I have some sympathy for Bernie not selling. I think he holds out for other potential investors willing to pay considerably more for a London based Premier League club - like a rich sheik or any other billionaire wanting to feed his ego. I won't rule out he can get £100m for it (= £62m for his 62% stake)

I believe Bernie will find a buyer in the not too distant future (during coming season) as I do not think he is in this for the long run, and I do not rule out it might be Mittal (based on an improved offer), possibly Mittal together with a partner. Last word is not said.

Moreover, Bernie is too smart to offload Warnock, which will be both costly and a stupid decision from a business point of view.

[qblockpete]

They definitely had opportunity last season after Warnock came to the club and am pretty sure thats what all the talks were about last week

[Stanley]

If Mittal's highest bid was really £35m (presumably his valuation of 100% of the company)

Not necessarily 100%.

Maybe it was just for a controlling share (51%)...

[waterbuffalo]

think your right, but expect the Mittals to be back with an increased offer

well said, well said, in business
everything is in a constant state of negotiation
look at that #### at Arsenal, Stan Kroenke, he's been
trying to hold majority shares for years...he never gave up,
he wanted Arsenal, and now he's got it.

[waterbuffalo]

Moreover, Bernie is too smart to offload Warnock, which will be both costly and a stupid decision from a business point of view.


Exactly, Oslo. If a Moroccan Billionaire, (they might have a couple) came in, what's wrong with that? Could be a chinaman from hongkong, a ####, a russian, look we are already in the premiership, a hat-trick from Adel , a couple of good results, who knows?
Somebody will come in and say, I will give you 150 million pounds, I want in. I want the whole kit and kaboodle. Bernie and Flavio clean up and we move on.