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  • Hoopla73
    Bronze Seat
    • Oct 2009
    • 255

    #1

    Ehmer Funding

    According to the last Report/Accounts for 2008, there were 2 outstanding liabilities requiring short term repayment:

    - A £500,000 loan from Valentin Ehmer, interest bearing at 8.72% and is repayable on 29 April 2010.

    - A £2,000,000 (interest free) loan owing to Mr A Caliendo is repayable on 28 February 2011 and redeemable at any time prior to that date at the sole discretion of QPR

    Perhaps the sale of WR is to fund the repayment of the first loan. Either way it would be good to have that interest rate of 8.72% reduced, if the loan is refinanced in April.

    Presumably, the young Max Ehmer in the Youth team is related to Valentin?
  • HammersmithR
    Gold Seat
    • Mar 2009
    • 5537

    #2
    That is correct.
    First game: Arsenal vs Queen's Park Rangers at Highbury, Saturday 17th November 1984.

    Comment

    • pkloft

      #3
      Originally posted by Hoopla73
      According to the last Report/Accounts for 2008, there were 2 outstanding liabilities requiring short term repayment:

      - A £500,000 loan from Valentin Ehmer, interest bearing at 8.72% and is repayable on 29 April 2010.

      - A £2,000,000 (interest free) loan owing to Mr A Caliendo is repayable on 28 February 2011 and redeemable at any time prior to that date at the sole discretion of QPR

      Perhaps the sale of WR is to fund the repayment of the first loan. Either way it would be good to have that interest rate of 8.72% reduced, if the loan is refinanced in April.

      Presumably, the young Max Ehmer in the Youth team is related to Valentin?
      and the refinanced ABC loan, isn't that repayable within 2 years!!!

      Comment

      • rangersroar
        Silver Seat
        • Mar 2009
        • 1952

        #4
        Originally posted by Hoopla73
        According to the last Report/Accounts for 2008, there were 2 outstanding liabilities requiring short term repayment:

        - A £500,000 loan from Valentin Ehmer, interest bearing at 8.72% and is repayable on 29 April 2010.

        - A £2,000,000 (interest free) loan owing to Mr A Caliendo is repayable on 28 February 2011 and redeemable at any time prior to that date at the sole discretion of QPR

        Perhaps the sale of WR is to fund the repayment of the first loan. Either way it would be good to have that interest rate of 8.72% reduced, if the loan is refinanced in April.

        Presumably, the young Max Ehmer in the Youth team is related to Valentin?
        Surely the first loan of £500k should just be paid off not re-financed.

        Comment

        • Hoopla73
          Bronze Seat
          • Oct 2009
          • 255

          #5
          As I understand it, the ABC loan was refinanced at 7% interest to Sarita, aka Flavio et al (indefinitely).

          Comment

          • qpruleok
            Bronze Seat
            • Jul 2009
            • 744

            #6
            Things go from bad to worst will we ever see the light

            Where everything is stable and we can progress. Yes yes yes Briatore saves the club from there its downhill all the way lost count of the managers come and gone, people poking tangoed heads into matters about football of which they have no football knowledge what so ever. Useless foreign buys and loans some of which not good enough for hackney marshes. Top scorers sold to clubs who are 2nd in the division young very good 25 year old keeper punted out for the sake of an aging teflon gloved flapper who gets worst by the minute and now to cap it off one of the players that can change a game for us is sold off for what reason, nobody knows because this board does not give a flying #### about the fans and never comes out with statements an absolute joke and a laughing stock:confused::confused::very_sad::very_sad::very _sad:
            Gerry Francis the greatest all round player to come from these shores:super_man:

            Comment

            • writtler
              Silver Seat
              • Mar 2009
              • 1001

              #7
              140K interest free loan being repaid pays a nice chunk of the 500K due in April..
              "Originally Posted by qblockpete
              QPR will finish at least in the Play offs
              Swansea will finish in bottom 6
              Middlesboro will finish champions"

              Comment

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