Smudge on Talk Sport

[qprjames]

Said he thinks we will self destruct next year and it gives him a headache just talking about us
Owners aren't going to spend anything
Said he feels really sorry for the fans because they are some of the most passionate around.

Ahh well we beat Tavistock 13-0 tonight...!!!

[Bluehoop]

Said he thinks we will self destruct next year and it gives him a headache just talking about us
Owners aren't going to spend anything
Said he feels really sorry for the fans because they are some of the most passionate around.

Ahh well we beat Tavistock 13-0 tonight...!!!

Interesting insight to his views on the "take over". Said he still thinks they want to sell but not in any rush. Mittal didn't make his nillions by throwing money away and his valuation (offer) came no where near T&C's.

Thing is, T&C fail to invest and we get relegated before they find someone mad enough to cough up enough dough and the valuation will never come close again to what it is now - and I mean Mittal's, not T&C's

[qprjames]

Interesting insight to his views on the "take over". Said he still thinks they want to sell but not in any rush. Mittal didn't make his nillions by throwing money away and his valuation (offer) came no where near T&C's.

Thing is, T&C fail to invest and we get relegated before they find someone mad enough to cough up enough dough and the valuation will never come close again to what it is now - and I mean Mittal's, not T&C's

Yeah, he still seems to think they want to sell the club which is good from our point of view!

[waterbuffalo]

If the club does badly the F1 clowns will blame the manager. But , yes, if we are 20th, surely the value of the club declines? Why sell if we are heading back to the Championship? We could be bottom 3 all season, and then they want to sell? doesn't make much sense. Maybe they wanna kill QPR for the Life Insurance.

[Ellerslie]

Yeah, he still seems to think they want to sell the club which is good from our point of view!

"which is good from our point of view"

That would depend, entirely, on whom they sell to.

As poor as we perceive Ecclestone and Briatiore to be, I'm sure there are far worse and far less capable potential owners out there.

[qprjames]

"which is good from our point of view"

That would depend, entirely, on whom they sell to.

As poor as we perceive Ecclestone and Briatiore to be, I'm sure there are far worse and far less capable potential owners out there.

Very true, but if they are selling (or hoping to sell..) the club for 100m the owners are hardly gonna be poor.

[Ellerslie]

Very true, but if they are selling (or hoping to sell..) the club for 100m the owners are hardly gonna be poor.

Many, many business are heavily "leveraged" ie they are bought with borrowed money. Say what you like about F & B but they have, at least, funded QPR with their own money as far as we are aware.

I actually meant poorer as in worse, not less rich in any case. Bad choice of word in that context.

[LBLOCK]

In terms of selling a couple of points:-

1. Don't pin your hope on Mittall. I hear ALL the shares are up for sale - perhaps the Dispatches model at play here?

2. How's about a lesson in simple maths?
They want £100M

Promotion to Prem worth £90M (over 3 years)
Adel worth c£10M
Paddy Kenny worth c£3M
Faurlin worth c£5M if he proves it first 3 months
Others.... maybe worth a few litres of high-oxy F1 fuel
Ground possibly worth £20M
Season ticket and ticket income (over 3 years) say £12M

Thats a worth of around £140M deduct out running costs being kept to a minimum (ie not buying, not investing, not adding to outgoings) and there you have folks a walk-away in 3 years time with around £100M all for an initial outlay of no more than what £10Mill?


There my friends ends the lesson in high finance, who cares who or what we ferk over and lets have a little laugh and entertain a few hoi-poloi along the way. Available in all good bookshops in the square mile


FFS it's only July --- I wish it was all over already!

[maccatwo]

In terms of selling a couple of points:-

1. Don't pin your hope on Mittall. I hear ALL the shares are up for sale - perhaps the Dispatches model at play here?

2. How's about a lesson in simple maths?
They want £100M

Promotion to Prem worth £90M (over 3 years)
Adel worth c£10M
Paddy Kenny worth c£3M
Faurlin worth c£5M if he proves it first 3 months
Others.... maybe worth a few litres of high-oxy F1 fuel
Ground possibly worth £20M
Season ticket and ticket income (over 3 years) say £12M

Thats a worth of around £140M deduct out running costs being kept to a minimum (ie not buying, not investing, not adding to outgoings) and there you have folks a walk-away in 3 years time with around £100M all for an initial outlay of no more than what £10Mill?


There my friends ends the lesson in high finance, who cares who or what we ferk over and lets have a little laugh and entertain a few hoi-poloi along the way. Available in all good bookshops in the square mile


FFS it's only July --- I wish it was all over already!

There problem with your maths is that they have to look at the players value now not on if and may be. Also again the value of the club can not take into account of money it has not been given whichyour find prem money is not in the bank account. Can not see happening but if sky went under we get no money and if unsure on this ITV pullled out of the footballs right few years go and left a lot of club in trouble.

[LBLOCK]

Semantics.

Actual values of players, sky dish, the ground etc will always float. Anyone buying anything in business is usually taking a speculative punt.
Other "investments" can be made for wholly different reasons and that is a different book to discuss.

What we can consider as fact is that every share in the club is currently being hawked around city investment houses, what that means in terms of relationships at the top table I don't know.
We also know that no money is being spent other than the bare minimum. That policy speaks volumes to me and screams short termism.

I don't agree it would be right to splash millions around and further expose the club to more ongoing debt. I would however welcome a statement that said we've paid off the restructured abc loan, we've repaid our own loans and the club is back on an even keel with x amount set aside to give survivL a real good go or ensure we are competitive over next 3 years.

But what do I know? Just a pleb / fan!




FFS it's only July (again!)

[maccatwo]

Semantics.

Actual values of players, sky dish, the ground etc will always float. Anyone buying anything in business is usually taking a speculative punt.
Other "investments" can be made for wholly different reasons and that is a different book to discuss.

What we can consider as fact is that every share in the club is currently being hawked around city investment houses, what that means in terms of relationships at the top table I don't know.
We also know that no money is being spent other than the bare minimum. That policy speaks volumes to me and screams short termism.

I don't agree it would be right to splash millions around and further expose the club to more ongoing debt. I would however welcome a statement that said we've paid off the restructured abc loan, we've repaid our own loans and the club is back on an even keel with x amount set aside to give survivL a real good go or ensure we are competitive over next 3 years.But what do I know? Just a pleb / fan!




FFS it's only July (again!)

Very good point and I agree