fernandes

[QPRDave]

thankyou mystic meg!

[brightonr]

I just have a clue about how the world works and I know how to use google. plus I know how to back up my points and engage with an argument, unlike the 'lol u r an idiot TF will never leave us!!!!1' responses coming up below

I'm aware of LSA but never posted there myself, no. WATRBs have me all to themselves.

I'm sure you do mate.

In which case, could you explain to us:

A) As the owners only owe money to themselves, what would be the point in putting the business into administration or
winding it up?

B) If they were to look at selling, who exactly would want to buy a business that has so much debt and hasn't made a profit in god knows how many years.

I appreciate that you have concerns about the owner's performance in relation to getting the "on the field" matters right, as that it a huge problem. And indeed, that such an amount of debt is not desirable. However, getting ones knickers in a twist over what form of retribution, multi-billionaires would wish to exact upon us in return for allowing them to get themselves in this position, is, on the face of it, a tad over dramatic.

[Kevin Mcleod]

[QPRDave]

I'm sure you do mate.

In which case, could you explain to us:

A) As the owners only owe money to themselves, what would be the point in putting the business into administration or
winding it up?

B) If they were to look at selling, who exactly would want to buy a business that has so much debt and hasn't made a profit in god knows how many years.

I appreciate that you have concerns about the owner's performance in relation to getting the "on the field" matters right, as that it a huge problem. And indeed, that such an amount of debt is not desirable. However, getting ones knickers in a twist over what form of retribution, multi-billionaires would wish to exact upon us in return for allowing them to get themselves in this position, is, on the face of it, a tad over dramatic.

I say Brighton ....good post. I thought TF said the otherday that the debt was the shareholders not the club...but i wasn't sure...i like to get me facts
straight before posting something like that

[brightonr]

I say Brighton ....good post. I thought TF said the otherday that the debt was the shareholders not the club...but i wasn't sure...i like to get me facts
straight before posting something like that

That is correct Dave, apart from a £15m debt to a bank. However, based upon QPR FC's trading figures over however many years one would care to go back, I would be astonished if the owners hadn't had to personally guarantee that also.

[Geng]

Why dont you use chelsea or citeh or liverpool or even man u as the flip side of the coin, instead of some poxy non league club and some English bloke who makes boots. Nah that wouldnt do to suit youre rubbishing act would it. LoL.

"some english bloke who makes boots" = local businessman with more connection to Rushden than TF has to W12

if you want something on a bigger scale then how's about Anzhi, Valencia, Parma, Lazio etc

[QPRDave]

That is correct Dave, apart from a £15m debt to a bank. However, based upon QPR FC's trading figures over however many years one would care to go back, I would be astonished if the owners hadn't had to personally guarantee that also.

Yeah sounds plausible mate.

[Kevin Mcleod]

"some english bloke who makes boots" = local businessman with more connection to Rushden than TF has to W12

if you want something on a bigger scale then how's about Anzhi, Valencia, Parma, Lazio etc

Heyyyyyyyy! Get in everyone, hes going abroad now. Ha ha ha ha ha ha.


Oh and i in no way disrespected max dr martens, he has built a wonderful business, but bovver boots are hardly in the same league as an airline or the wolrds biggest steel company is it now. Hence my comment .

[QPRDave]

"some english bloke who makes boots" = local businessman with more connection to Rushden than TF has to W12

if you want something on a bigger scale then how's about Anzhi, Valencia, Parma, Lazio etc

Yeah but they don't play in London!!!

[Geng]

I'm sure you do mate.

In which case, could you explain to us:

A) As the owners only owe money to themselves, what would be the point in putting the business into administration or
winding it up?

B) If they were to look at selling, who exactly would want to buy a business that has so much debt and hasn't made a profit in god knows how many years.

I appreciate that you have concerns about the owner's performance in relation to getting the "on the field" matters right, as that it a huge problem. And indeed, that such an amount of debt is not desirable. However, getting ones knickers in a twist over what form of retribution, multi-billionaires would wish to exact upon us in return for allowing them to get themselves in this position, is, on the face of it, a tad over dramatic.

a) That misses the point slightly. The concern isn't necessarily that TF will suddenly call in all his debts - though that it of course still a worry. Ironically it's slightly less of a worry since we essentially have only Loftus Road and 3.5 players as assets right now.

The point is that the huge overspending leaves us completely fooked if TF and co decide to stop funding us. Then all of a sudden we *will* have external debts.

The fact our debt is owed to TF and co right now is only because he's been covering it. It's not like we don't have bills to pay, primarily to players.

b) No one in their right mind. I get that.

But what happens if in a year or two we are still in the Championship and TF decides £60m per year down the QPR black hole isn't the best use of his money?

What happens if planning permission for the new ground - the entire business model behind his QPR purchase - falls through?

We'd still have the same outgoings, only suddenly we're clocking up £60m per year to people who can and will call in their debts.

[Geng]

Heyyyyyyyy! Get in everyone, hes going abroad now. Ha ha ha ha ha ha.


Oh and i in no way disrespected max dr martens, he has built a wonderful business, but bovver boots are hardly in the same league as an airline or the wolrds biggest steel company is it now. Hence my comment .

no and neither are we, quite literally.

[Geng]

Yeah but they don't play in London!!!

don't get the point. Obviously being in London is a bonus and a major attraction for foreign investment. But that still doesn't mean they'll be here for ever. Crystal Palace are in London too and they nearly went extinct after overspending not long ago

[QPRDave]

What if what if......what if Putin decides to nuke the lot of us tomorrow?....Do you worry about being run over by a bus?

[QPRDave]

don't get the point. Obviously being in London is a bonus and a major attraction for foreign investment. But that still doesn't mean they'll be here for ever. Crystal Palace are in London too and they nearly went extinct after overspending not long ago

I wuz takin the p*ss

[QPReuge]

a) That misses the point slightly. The concern isn't necessarily that TF will suddenly call in all his debts - though that it of course still a worry. Ironically it's slightly less of a worry since we essentially have only Loftus Road and 3.5 players as assets right now.

The point is that the huge overspending leaves us completely fooked if TF and co decide to stop funding us. Then all of a sudden we *will* have external debts.

The fact our debt is owed to TF and co right now is only because he's been covering it. It's not like we don't have bills to pay, primarily to players.

b) No one in their right mind. I get that.

But what happens if in a year or two we are still in the Championship and TF decides £60m per year down the QPR black hole isn't the best use of his money?

What happens if planning permission for the new ground - the entire business model behind his QPR purchase - falls through?

We'd still have the same outgoings, only suddenly we're clocking up £60m per year to people who can and will call in their debts.

Lots of what ifs all of a sudden. I thought you knew it all gunk, no sorry, you thought you knew it all