News breaking Briatore has quit

[QPRbob]

I know it's on twitter, but news breaking that the Orange Khunt has quit from the board with immediate effect.

[coneysboots]

Please please please be true.

[indianalondon]

Hate to put a spanner in but, YES..BUT....the ABC loan...until that is cleared up well...we need real info!!!

[Snaxo]

where on twitter - I'm clearly not following the right people ;-)

[Sprocket]

Hate to put a spanner in but, YES..BUT....the ABC loan...until that is cleared up well...we need real info!!!

Scott - has Briatore gone? do you know?

Has the takeover by FT/AB been completed?

Will they invest?

[dpmd]

[Bluehoop]

Just posted something similar on the other thread - and I do not follow twitter - so please god let this be true

[QPR1234]

probably has quit, but the guy still own's half our stadium.

[iheartwegerle]

Twitter stuff can be complete BS but still spread like wildfire. Hope it's right but I'll believe it when I see it.

Just looked on Tony Fernandes Twitter. 3 hours ago he said "working on closing another big ancilliary venture".

Guess that could be us, or something entirely unrelated. Fingers crossed it's us.

[stainrod10]

Twitter stuff can be complete BS

Whereas on here.........

[coneysboots]

probably has quit, but the guy still own's half our stadium.

Given that the price quoted for the take over is a bit over the top, do we know if the ground is included as part of the deal?

[dpmd]

Whereas on here.........

[Tarbie]

Is this all coming from that post made on the Facebook group half an hour ago or does someone have a real source?!!!

[padstow]

probably has quit, but the guy still own's half our stadium.

I thought the club still owned the stadium. Flavio and Amit just owned the company that lent tbe club money to pay off the ABC loan and that loan carries a mortgage on the ground.

To all intents and purposes I would assume that any take over would include the new owners buying this loan too (although that is just conjecture on my part.

The important thing is that the club owns the stadium but its being used was security on a loan from flavio and Amit.

[HammersmithR]

Let's wait until we have the full details. This ABC loan is something we just can't shake off!