New Investment and Club Finances

[ButlerBob]

Below is an article from the official club site about new investement. It also talks about some of the outstanding issues/debt at the club. Namely the 10 mil loan that was used to get out of administration.



http://www.qpr.premiumtv.co.uk/page/NewsDetail/0,,10373~573282,00.html

[art]

The more you read and hear about that ABC deal the more you have to marvel at it...were QPR really that desperate, or that incompetent? It kind of sounded like a "we have to do this or there is no QPR" at the time but as the new boss says, maybe that wasnt so.

[DylanPresman]

I don't know what else was, or was not possible. What I do remember is that at teh time the clock seemed to have ticked all the way down and we were seriously looking like we were going to be wound up. I remember that at teh time everyone was extremely relieved that the club would be able to survive to fight another day.

COME ON URRRRRRRRRRRRRRRRRRRRRRRssss!!!!

Dylan Presman

[Atouk]

http://www.qpr.premiumtv.co.uk/page/WTPS/0,,10373~576244,00.html

Chris Wright says he's "quite happy with how things are" and sees no rush to sell his 14% of the club. He'd consider selling if someone came to him with a "sensible proposal," but seems to have no interest in handing the shares back to the club.

[art]

http://www.qpr.premiumtv.co.uk/page/WTPS/0,,10373~576244,00.html

Chris Wright says he's "quite happy with how things are" and sees no rush to sell his 14% of the club. He'd consider selling if someone came to him with a "sensible proposal," but seems to have no interest in handing the shares back to the club.

Greedy bastard. Or, perhaps he smells cash coming from Monaco and is positioning himself for some of it so he doesent have to give back his shares.

Either way, the club doesent get any of it, and we're no closer to getting out of the ABC deal.

Thanks Chris. AFter almost singlehandedly ruining this club financially youd thinnk you might grow enough of a sack to do the honorable thing.

[HiJazzey]

"The dog's bent tail can never be straightened" :mad: