Unconfigured Ad Widget

Collapse

Could Flav and Amit sell our ground...

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • conners
    Bronze Seat
    • Apr 2009
    • 905

    #1

    Could Flav and Amit sell our ground...

    before putting us into admin ?

    If so, where would you prefer to play home games going forward ?

    Chelsea, Fulham or Brentford ?
  • ollyhoops
    Gold Seat
    • Mar 2009
    • 6013

    #2
    No, they are not interested in it, the ground is worth say £20m.... its peanuts to those people as they are mulit millionaires, I would think they would just be happy to sell their share and go tbh.

    Comment

    • qprdad
      Bronze Seat
      • Mar 2009
      • 791

      #3
      Originally posted by conners
      before putting us into admin ?

      If so, where would you prefer to play home games going forward ?

      Chelsea, Fulham or Brentford ?
      Truth is, they could descide to cease to trade as a football club, and sell off all assets.... with nothing to stop them!

      The ground has a loan on it, secured by an offshore company which is controlled by AB and FB. They can only take posession of the ground if the covenants of the loan are broken i.e. repayments not made etc...If they wanted the ground, they'd have to buy it at market value, otherwise any liquidator / administrator would have a case against them for not acting tin the companys or the creditors interests.
      Last edited by qprdad; 31-01-2010, 03:20 PM.

      Comment

      • Tarbie
        Gold Seat
        • Mar 2009
        • 8542

        #4
        Originally posted by qprdad
        Truth is, they could descide to cease to trade as a football club, and sell off all assets.... with nothing to stop them!

        The ground has a loan on it, secured by an offshore company which is controlled by AB and FB. They can only take posession of the ground if the covenants of the loan are broken i.e. repayments not made etc...
        Not strictly speaking true.

        The FA is dutybound to protect clubs from having assets such as the ground sold for the personal gain of the board. Also the local council are likely to block and planning permision for construction work on Loftus Road.

        Comment

        • theblackmafia.
          Silver Seat
          • Sep 2009
          • 3996

          #5
          If you want scaremongering come to WATRB messageboard, geez.

          Comment

          • qprdad
            Bronze Seat
            • Mar 2009
            • 791

            #6
            Originally posted by Tarbie
            Not strictly speaking true.

            The FA is dutybound to protect clubs from having assets such as the ground sold for the personal gain of the board. Also the local council are likely to block and planning permision for construction work on Loftus Road.
            Nothing the FA can do to stop a club from trading, so stick by my original statement.

            Comment

            • theblackmafia.
              Silver Seat
              • Sep 2009
              • 3996

              #7
              Don't worry, we have GP who can save us again, after all he did a great job before.

              Comment

              • qblockpete
                C Club
                • Mar 2009
                • 22186

                #8
                sorry to say do believe qprdad and Connors are correct.
                ALL BEST BANTER AND ALL THE LATEST FROM QPR.
                THE WEST LONDON 90 MINUTE FOOTBALL SHOW EVERY MONDAY FROM 9.30PM http://mixlr.com/the90mfs/

                Comment

                • conners
                  Bronze Seat
                  • Apr 2009
                  • 905

                  #9
                  and i have got to say, if i was him, I would be very tempted

                  Comment

                  • Bernie's Barnet
                    Bronze Seat
                    • Aug 2009
                    • 822

                    #10
                    Originally posted by qblockpete
                    sorry to say do believe qprdad and Connors are correct.
                    BUT developing the site would not be possible for many years to come if at all. Would make such an acquisition highly speculative.

                    Comment

                    • paulmason
                      Banned
                      • Mar 2009
                      • 7443

                      #11
                      I wonder what GP's cut would be if that happened ?

                      Comment

                      • kingo
                        Silver Seat
                        • Mar 2009
                        • 1686

                        #12
                        The ground is not worth anything as a plot as it would not get planning permission for anything but a stadium. unless another ground had been made available.I am not saying FB won't be awkward but he can't sell the ground from under us.
                        RIP: Doug, Sniffer and Pat

                        Comment

                        • qblockpete
                          C Club
                          • Mar 2009
                          • 22186

                          #13
                          Far more important things to worry about me thinks.

                          If Flavio can do what he alledgely did in F1, then using the ground for other purposes would be smnall fry.
                          ALL BEST BANTER AND ALL THE LATEST FROM QPR.
                          THE WEST LONDON 90 MINUTE FOOTBALL SHOW EVERY MONDAY FROM 9.30PM http://mixlr.com/the90mfs/

                          Comment

                          • Factamondo
                            You know when you've been factamondoed!
                            • Mar 2009
                            • 37198

                            #14
                            Originally posted by conners
                            before putting us into admin ?

                            If so, where would you prefer to play home games going forward ?

                            Chelsea, Fulham or Brentford ?
                            defo a length of 6x1...........:tired:
                            you know nothing john snow!!!!

                            Comment

                            • Factamondo
                              You know when you've been factamondoed!
                              • Mar 2009
                              • 37198

                              #15
                              'if' the wop did the unthinkable i say his 'business' premises in this country be in 'danger' as well:devil:
                              you know nothing john snow!!!!

                              Comment

                              Working...