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The Daily Mirror Confirm Interest In Warnock..Plus Mittal To Buy 30% Stake

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  • qblockpete
    C Club
    • Mar 2009
    • 22186

    #1

    The Daily Mirror Confirm Interest In Warnock..Plus Mittal To Buy 30% Stake

    QPR to storm Palace for Warnock

    QPR are ready to pay £1.5million compensation to Crystal Palace for Neil Warnock as Lakshmi Mittal prepares to increase his stake in Rangers.

    More...

    Would just add daily Mirror is Normally spot on with QPR stories
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  • qblockpete
    C Club
    • Mar 2009
    • 22186

    #2
    According to Palace boards

    Warnock is on 15k a week
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    • qpr-buzsaky

      #3
      How much would he own if he bought another 30%?

      Comment

      • Quaz

        #4
        wouldn't matter to me what he is on.....balance it against the cost of relegation and i think it would be a good investment.

        Comment

        • qblockpete
          C Club
          • Mar 2009
          • 22186

          #5
          qpr-buzsacky

          Think that leaves him with 50% what Briatore has now.

          Would seem to indicate Flavio remains with small percentage. That is understandable if that happens, because he would take a back seat, but he has brought sponsors into the club.
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          • Morris
            Gold Seat
            • Mar 2009
            • 8965

            #6
            PR are ready to pay £1.5million compensation to Crystal Palace for Neil Warnock as Lakshmi Mittal prepares to increase his stake in Rangers.


            Yessssss!

            Comment

            • Fez
              Silver Seat
              • Mar 2009
              • 2645

              #7
              Briatore must own more than 30% so presumably Briatore would stay on as a minority shareholder? And Mittal would then have around 45% and be the majority?

              Comment

              • Loneranger80
                Silver Seat
                • Mar 2009
                • 1899

                #8
                I know this prob been asked before - so apologies - but if Warnock is coming into manage where does this leave GP?

                Comment

                • qblockpete
                  C Club
                  • Mar 2009
                  • 22186

                  #9
                  I'm sure Flavio has 50%

                  if Warnock or any other manager comes in than GP will leave or have a different title to SportinG Director so that fans cannot point the finger on who comes and goes on the playing side.
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                  Comment

                  • Neil

                    #10
                    Hope this is all happening in time to avoid relegation.

                    Comment

                    • QPR1976
                      Silver Seat
                      • Mar 2009
                      • 2391

                      #11
                      I hope that story is accurate.
                      But Pete, I'm sure, in the past, you've said NotW (or Sun) was always closest to the mark regards QPR stories ?.....so what's changed ?

                      Also if Mittal buying out FB's 30 per cent stake, that doesn't add up....
                      Mittal 20%, then I though FB & BE each had 40% = 100%
                      So does that suggest FB will retain 10% interest ?
                      And what about BE's stake ? Anyone buying that ? Similar deal ? Or not ?

                      So many questions, so little time.....(before it's too late)

                      I bet Harford will enjoy reading that in the morning, bound to get him up to motivate the team for the next 2 (hugely important) games !

                      Comment

                      • Fez
                        Silver Seat
                        • Mar 2009
                        • 2645

                        #12
                        Originally posted by QPR1976
                        I hope that story is accurate.
                        But Pete, I'm sure, in the past, you've said NotW (or Sun) was always closest to the mark regards QPR stories ?.....so what's changed ?

                        Also if Mittal buying out FB's 30 per cent stake, that doesn't add up....
                        Mittal 20%, then I though FB & BE each had 40% = 100%
                        So does that suggest FB will retain 10% interest ?
                        And what about BE's stake ? Anyone buying that ? Similar deal ? Or not ?

                        So many questions, so little time.....(before it's too late)

                        I bet Harford will enjoy reading that in the morning, bound to get him up to motivate the team for the next 2 (hugely important) games !
                        I'm sure Mick knew before the Daily Mirror!

                        Comment

                        • qblockpete
                          C Club
                          • Mar 2009
                          • 22186

                          #13
                          Guessing the way around Warnock saying "NO formal approach to him"

                          is that the administrators maybe be approached and can hardly refuse if we can believe the offer on the table. They are in the business of re-couping money for their client who is actually owed 4 million, so the figure being muted will not be able to be turned down
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                          Comment

                          • Sam-QPR
                            Silver Seat
                            • Mar 2009
                            • 1848

                            #14
                            i thought that flavios shares were split. some were personal shares owned wholly by him and the rest owned by sarita capital (?)

                            thats why its difficult to add up because they are split up

                            Comment

                            • qblockpete
                              C Club
                              • Mar 2009
                              • 22186

                              #15
                              Pretty sure he has 50%, Bernie and Mittal 20% each. other 10 is other people?? Someone can clarify

                              If Mittal buys 30% that makes him the mjaority shareholder who makes all the decisions, Flavio and bernie have a steak of 20 each.
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