A group of Queens Park Ranger fans have been fighting in court for the right to purchase players for the team, who by the way is presently losing money due to low attendance(sound familiar?). They have a minimum buy-in(250 pounds) and if the player sells for more when he leaves, the fan gets the profit according to the % of his investment that went toward that player......most choose to re-invest because the idea is to make your team better so you can be promoted and ultimately get back to the premiership where the team should be profitable on it's own. This isn't reserved for fans, it can be small businesses or large corporations also. Wouldn't that be cool to say you own 1.3% of Ariel Graziani? My wife knows which 1.3% of Ariel that she wants. I heard this on KNBR last night but didn't hear all the details. Just thought it was interesting since we have attendance problems also. Discuss:
If this actually started I might have to invest in the Cyberays instead, I wouldn't mind getting a piece of Brandi.
One example they used was former QPR player(Les Ferdinand) that was purchased for 60,000 pounds and sold for 600,000 or 6,000,000 pounds, i can't remember but the point is, it's like the stock market. Buy a % of Eddie Robinson dirt cheap and when he's playing for the NATs and doing well he gets sold to EPL for $1,000,000 the fans and the team get paid. The QPR fans are actually doing it now but I think there is a restraining order on it right now. Other teams are waiting to see how the court rules before jumping on this wagon.
This is a very interesting concept, especially with the amount of dough players can go for these days.....
The only reason this is happening, is that the board of QPR are up the proverbial creek without a paddle. They have lined their pockets, and now they have no money to improve the playing staff at the club. Not so many years ago QPR were in the EPL......they got bad, and were relegated to the English Division 1. Still paying EPL wages to a team in Div 1, who dont attract the attendances that it should (remembering that QPR are only one of many West London teams, incl. Chelsea and Fulham who are in the EPL), brings about a situation where QPR were losing a lot of money each week. QPR then sacked their perfectly good manager and employed Ian Holloway who had managed to bring about the worst run of results and league placings Bristol Rovers FC had ever experienced in their history. Hence, due to the employment of Ian Holloway, QPR are now in the English 2nd Division, and I shoudl imagine still paying some EPL wages, if not all Div 1 wages. How does all of this transpire? QPR are broke. The board members have been lining their pockets for years, and not investing in QPR Football Club. Lets, employ an untested, pretty poor manager who has no tactical awareness......he's cheap. Lets see how he does. Well you can now see the result. The true fans want to see QPR do well......and this is the only way they can do it. Good Luck to them. Money grabbing board members.....wake up and smell the roses.