Fernandes to give Warnock 10million war chest....?

[Mellowhoop]

Ok cheers I can see what you mean now. Monday morning!

[IsleworthRanger]

Ok cheers I can see what you mean now. Monday morning!

No problem mate

[ollyhoops]

How many times have we seen/read this? I don't believe he will give £10m to Warnock to spend on the side.

[IsleworthRanger]

How many times have we seen/read this? I don't believe he will give £10m to Warnock to spend on the side.

Dont think anyone really does

He did have a meeting with Warnock on Saturday afternoon though

[stainrodisalegend]

[QUOTE=Mellowhoop;671722]Where's jenas been mentioned?[/QUOTEI

If you scroll down you will see towards the end of the article it says warno is keen on jenas, bullard and the man city right back with the impossible name. But also says he hopes to complete the signing of Danny Webber - would you really do that if you were about to be given 10m big ones???

[Shania]

Would anyone else agree that you have to be made off good stuff to support QPR! So many up and down moments with the club but it all looks better now

I agree.:

I bet Alfred Hitcock did own us at some point in our club´s history

[dave58]

Hate when papers report this sort of thing, every player we now go after the price will now be at least half again or double!

[SteveQPR1975]

The article is ********

[stainrodisalegend]

The article is ********

It was, however, written by a journalist who has just spent several days with the club on tour so clearly he was briefed by a senior figure at the club. Doesn't mean its not all spin, of course, but I highly doubt that the hack made it up.

[baz]

Don't believe a word of it, T&C are up to something...

How is it possible for someone who's worth £200m including assets to buy 51% of the club.. If it's based on Bernie's valuation that his and Flabbyo's 66% share is worth £100m then it would have cost him around £80m for 51%

Then he's going to inject £10m in transfers! Does that mean the owners of the other 49% are also going to invest £10m ?

If we are running at a loss untill the prem/tv money comes through who's paying the bills ? Surely he's now responsible to pick up 51% of them..

If true that £200m has taken a hell of a bashing already and it all seems more than a little odd...

I would not take brinkmanship as fact.

Lets say they valued the club at £100m including all the debt owed to them.

now Fenandez buys his 51% for for 51m + 10m investment in players 61m for a man of his wealth without backers is affordable, with backers very affordable.

But Briatore and Bernie are supposedly retaining a stake, which suggest rather strongly that debts to them are not going to be paid at this moment in time. So I would be willing to bet he has not paid any more than £30m for his stake.

Also wanted to point out the irony given where we were 5-6 years ago that we are complaining someone worth 1/4 billion does not have enough cash to own / run us. Its bizarre really and shows you how mad football's finances are

[MattyRangers]

[QUOTE=stainrodisalegend;671759]

Where's jenas been mentioned?[/QUOTEI

If you scroll down you will see towards the end of the article it says warno is keen on jenas, bullard and the man city right back with the impossible name. But also says he hopes to complete the signing of Danny Webber - would you really do that if you were about to be given 10m big ones???

Nedum Onuoha? god knows how you pronounce that! BUt he is a class act, anybody see his goal vs Chelski at Stamford Bridge last season? Top quality, he really would be a great signing IF true.

[Connell10]

As the who sang "WE WONT GET FOOLED AGAIN!!"" maybe a good tune for rangers to run out to this season!

[indianalondon]

One inaccuracy in that is that Fernandes never flew back to Hungary for the race.He missed his flight appara.

Sceptical with regards to a few things on this

a) Where is the money coming from and who's is it
b) Who else is involved? Was told that he was part of a consortium and part of that consortium were QPR
c) If it's a proportion of Bernie and Gianni's shares that he has purchased where does that leave the Mittal investment
d) Is this just a group of F1 buddies all with fingers in the QPR pie.
e) The ownership of Loftus Road. The loan that has to be paid back to Amit and Flavio keeps getting extended again and again. Who owns our biggest asset??
f) What shall I have for breakfast

[stainrodisalegend]

Agree with Baz's last point, with bells on.

None of us know how the deal is structured. Just because Bernie wanted 100m, chances are he didn't get anything like it, and the payment might well be structured over donkeys years. Also possible that it was agreed a proportion of his investment was to go into transfer budgets - after all, if Bernie doesn't want to fund transfers and Flavio basically can't, you bring in someone else to do it and in return your dilute your equity in the business.

[Connell10]

as i said in another post do you think bernie sold his shares cheap just to spite the mittal family or do you think the dwarf is to tight to do such a thing??