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Post by Macmoish on Dec 16, 2010 23:31:27 GMT
Mirror/Oliver Holt
Ecclestone named new owner of QPRFormula One billionaire Bernie Ecclestone is the new owner of Queens Park Rangers. Ecclestone, previously a minority shareholder, has bought out Flavio Briatore and set his sights on helping boss Neil Warnock clinch promotion to the Premier League. Eighty year old Ecclestone, still recovering from being mugged outside his Hyde Park offices a fortnight ago, now owns just over 60% of the club, who are top of the Championship. It is believed that Briatore still retains a nominal holding in the club and last night Ecclestone moved immediately to quell fears he would interfere in the fine work Warnock is doing. “I now own about 62% of the club,” Ecclestone said, “and I am here mainly to support what Neil is doing. “Neil’s the one who tells them how to kick the ball and now we’ll see if we can get into the Premier League. “I’m not thinking about competing with Manchester United or Arsenal. We will just see what happens. “I have not bought the club because I want to see my name in the papers. I don’t need that. It is just something that I enjoy doing.” QPR are four points clear at the top of the Championship but face a crunch clash with form team Leeds United at Elland Road tomorrow www.mirrorfootball.co.uk/news/Formula-One-supremo-Bernie-Ecclestone-has-been-named-the-new-owner-of-Queens-Park-Rangers-article651993.html
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Post by Macmoish on Dec 16, 2010 23:35:11 GMT
But what ownership of Loftus Road and Amulya, ect
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Post by Lonegunmen on Dec 16, 2010 23:35:15 GMT
So does this now curb the orange donuts input? What Bernie has said sounds encouraging, if we can believe it. I hope so. I'd like to think he'd be a good leader. He knows nothing about the game and appears to be prepared to leave it to those who do. Where will this put Paladini? Favio was his main man of support.
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Post by Zamoraaaah on Dec 17, 2010 0:44:29 GMT
Finney was spot on.
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Post by Macmoish on Dec 17, 2010 1:03:30 GMT
Well done Mr. Finney - Mocked by "some"
Meanwhile deal confirmed in other papers including The Independent
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Post by londonranger on Dec 17, 2010 1:04:40 GMT
Yes Zed, just about to post that. Congrats Finney and should never have doubted you.
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Post by Macmoish on Dec 17, 2010 1:16:34 GMT
I never doubted Finney. A few were probably a little aggrieved that they weren't the ones to announce it. Perhaps with a few winks and hints and clues...
I'd still have preferred the Mittals to take over. Or maybe Kingfisher (I don't know anything about him). And I do worry about being owned by an 80 year old and what happens "one day." But certainly Ecclestone over Briatore. Ecclestone may axe Warnock,but he won't try and fun the team himself.
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Post by londonranger on Dec 17, 2010 2:44:59 GMT
One must admit after reading the news that Ecclestone would take over, when it first came up that one would say where does this come from. After all Bernie really didnt like football. Agree with Mac that Mittal Amit as majorities best, but can see that never came up.
But lateley Bernie has been coming to the matches. I think there is a strong relationship betwen he and Amit. After all his fa in law bought Bernies house and there could be other business connections
between them. Losing his wife and some family stress could he have seen QPR as a new family for him, especially asthey look so promising as they also become a shrewd business deal.
p.s when I say losing his wife, I mean the divorce, cost hima ton of money. Is he realising that money is not enough and there are other
loves that he might be better at?
At any rate when one buys 6i% of "value" one isnt spending that much money. For Bernie that is a minor expense and something he wont feel.
Certainly time for Briatore to get out of the way, and good to see that he talks to Warnock and questions things without demanding things. Warnock is too secure in himself to let that bother him
and seems to enjoy it. There couldnt be a better resolution, in my eyes, and hope only for the best for our team under this new arrangement.
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Post by eusebio13 on Dec 17, 2010 7:45:46 GMT
Perhaps the Pygmy's understated approach will be better than Flash Flav's "we'll rule the world by Christmas" but I can't say this is my preferred outcome. His backing of NW is atleast slightly reassuring
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Post by harlowranger on Dec 17, 2010 8:17:07 GMT
I never doubted Finney. A few were probably a little aggrieved that they weren't the ones to announce it. Perhaps with a few winks and hints and clues... I'd still have preferred the Mittals to take over. Or maybe Kingfisher (I don't know anything about him). And I do worry about being owned by an 80 year old and what happens "one day." But certainly Ecclestone over Briatore. Ecclestone may axe Warnock,but he won't try and fun the team himself. I can not see Bernie Axing Neil , he knows hes the best Manager in this Division ! Bernie knows more about football than he makes out and i agree theres no way he will get involved with team selection ! I have no concerns over Bernie being 80 , could give us 5 years or more which is alot more than other owners at the moment ! Lets just wait and see how it all pans out now we could well be getting slowly nearer to a situation that Board ,Players and fans are happy with but these things take time . All positive , lets gets the win tomorrow and push on .. |
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Post by Macmoish on Dec 17, 2010 8:22:04 GMT
I could theoretically see Ecclestone losing patience if things went wrong and axing Warnock....But I couldnt see ANY owner acting like Briatore did with the constant managerial turnover of months, not even years; and the reported deep involvement in matters. Most owners are "problematic" and impatient, etc. But most owners don't actually think they themselves could manage things. (There are a couple of exceptions)
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Post by bp on Dec 17, 2010 9:09:33 GMT
I could theoretically see Ecclestone losing patience if things went wrong and axing Warnock....But I couldnt see ANY owner acting like Briatore did with the constant managerial turnover of months, not even years; and the reported deep involvement in matters. Most owners are "problematic" and impatient, etc. But most owners don't actually think they themselves could manage things. (There are a couple of exceptions) YES...AND.....COME ON, OUT WITH IT.....!!!!! I've still not forgiven Ollie for not taking my advice and offering me the No: 10 shirt. Me and Magic Hat could have terrorised defences. Ah what might have been!!!  |
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Post by Markqpr on Dec 17, 2010 9:12:44 GMT
Standard definition of nominal:
Nominal -
adj
1. In name only; theoretical: the nominal leader
2. Minimal in comparison with real worth or what is expected; token: a nominal fee.
Definition in QPR/Briatore terms:
Nominal
bad news
1. Still far to many.
2. A tenuous amount allowing Flabio to remain as a director so he can show his ugly face and bring his plastic surgery sycophantic followers to games where he can lord it over the £20 fan and bask in the glory of others as only an arrogant, ignorant twat like himself can.
3. A start.
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Post by Macmoish on Dec 17, 2010 9:39:23 GMT
So why's Ecclestone doing this? What does he want?
Is this tied in to our supposed move/new stadium at the BBC...
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Post by Lonegunmen on Dec 17, 2010 9:40:43 GMT
Dunno, perhaps we should ask him?
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ingham
Dave Sexton
Posts: 1,896
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Post by ingham on Dec 17, 2010 9:43:42 GMT
I must I was amused that the mere mention of Mittal served to create an impression. For those who think Paladini conjures stories up out of thin air, well, it doesn't seem entirely implausible.
One minute, it's Caliendo - and, ever so vaguely, someone called 'Zanotti'. Caliendo is wealthy, but Zanotti was the serious money. Or so some people said. Nobody seemed to know anything much about them, but so much the better.
A boardroom version of the great QPR triumvirate, Dunga, Zidane, and Figo.
Then, suddenly, they had to be disposed of. Caliendo & Co, I mean.
Enter Briatore. Ecclestone. Mittal. The three card trick. First it's Bernie and Flavio. Then Mittal is mysteriously included. Or a relative. Ah, a relative. More or less the same thing, isn't it?
Ecclestone fades. Oh, don't forget to mention Mittal. Briatore struts. Er, Mittal? Bhatia turns up. Yes, there it is. Briatore disappears. Cue Saksena. Nobody knows who he is, but he must be something.
Enter Briatore. Not much from Bhatia. Briatore's company owns the Ground, it appears. Together with Bhatia. Or together with someone. Or they're manoeuvring to get the ground. Now you see the loan, now you don't.
Sorry, did someone mention Ecclestone? Isn't this the bloke who was interested in Chelsea, or wasn't interested in football.
I see he's using the 'Neil' word, too, so it must be true. Whatever it is. But there's something we can get our teeth into.
62%.
It all fits. A few names. A percentage, even. And don't forget to mention the Premiership.
Sorted.
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Post by cpr on Dec 17, 2010 9:45:13 GMT
I could theoretically see Ecclestone losing patience if things went wrong and axing Warnock....But I couldnt see ANY owner acting like Briatore did with the constant managerial turnover of months, not even years; and the reported deep involvement in matters. Most owners are "problematic" and impatient, etc. But most owners don't actually think they themselves could manage things. (There are a couple of exceptions) YES...AND.....COME ON, OUT WITH IT.....!!!!! I've still not forgiven Ollie for not taking my advice and offering me the No: 10 shirt. Me and Magic Hat could have terrorised defences. Ah what might have been!!! Funny that, Ollie told me he gave you the ten shirt but you refused to wear it as you said it had shrunk.  |
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Post by Jon Doeman on Dec 17, 2010 12:50:12 GMT
Have to admit I had my heart set on the "Indian connection".
What's the opinion on here then good or not?
Hope he stops the derogatory comments and bringing Chelsea up all the time!
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Post by Macmoish on Dec 17, 2010 13:11:56 GMT
I too hoped for the "Indian connection" - I'd take Ecclestone over Briatore - if only for an end to the Briatore involvement which went beyond anything I've seen. Hopefully Ecclestone will look to others for advice. Of course "Mr. ITK" knew all along  ...And the "attachment"/fealty moves from Gianni to Flavio to Amit/Lakshmi...to Bernie.... Who knows where it will end up next?  |
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Post by blueeyedcptcook on Dec 17, 2010 13:42:17 GMT
.
Mac, I think that you and Ingham [9.43am] may be close to solving this ownership puzzle. What we need is MORIARTY, to come on the board with the answer.
My thinking, is that the owners are using an alias, as follows..
Ecclestone. Eccles.
Mittal. Halvaldar Singhiz Thinghiz.
Bhatia. Mr Lalkaka.
Yorkshiremen. Neil.
;D ;D
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Post by Macmoish on Dec 17, 2010 14:01:34 GMT
Dave McIntyre Tweet Today
Man 'named' as owner of club he already owned, but wasn't supposed to own as the club had led fans to believe another guy owned it.
twitter.com/davidmcintyre76
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Post by londonranger on Dec 17, 2010 16:24:45 GMT
So, why Bernie? This is my hypothesis. Since Briatores isues with "Crashgate", there was a good possibility that the FA
may ask him to step down. We also learned late last season, that he was no longer running things, thats when Sakseena?
Mittal were announced the new Commanders in chief. Heres what very well may have happenned. The League
gave Flavio a certain amount of time to offload his controlling interests. The Kingfishers were approached first. probably from the Indian leaders. That became nothing. Flav wanted too much, it was said.
Bernie then agreed for reasons to save his friends investment and keep the club going and square with FA.
Flav holds onto a bit for good reasons. At least three i can think of.
So that s my take. Remember this was itk a while ago and the timing would be right for a deadline.
This is a side issue but may be more important. We have learned that Warnock approached QPR a long time ago about a position. Way back then he said he would not manage if Briatore was the Chairman. this is a good reason but not strong enough to bring Eckersley into picture. remember, when the two Indians were made top dogs, something we didnt know, but we learned later, was that Flavio still owned the majority shares.
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Post by spanishal on Dec 17, 2010 16:28:53 GMT
Unless you mix in the same circles as the likes of Mittal, Briatore and Ecclestone you can't hope to understand their way of thinking. Whilst Flavio regarded Rangers as a plaything, Bernie can see the business sense behind it. Anyone who is an F1 follower knows that the man is the supremo in that field and the richest people in the world will move mountains in order to stage a Grand Prix race.
Now he openly admits to knowing very little football wise but he undoubtedly sees QPR as London's answer to Man U as a world brand and wants to rival the likes of Chelsea and Arsenal for that position. Whether he manages to achieve that, time will tell, but being the majority shareholder signifies his intent and let's hope we'll benefit from all his wealth and connections.
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Post by Macmoish on Dec 17, 2010 17:38:02 GMT
A snippet of phrasing, not sure of the meaning/logic etc Bernie Ecclestone/Reuters - "We're not changing anything, just tidying a few things up....We need to be ready in case we get promoted."Reuters) - Formula One supremo Bernie Ecclestone, a Chelsea fan at heart, has become the majority shareholder in Championship (second division) Queens Park Rangers after buying out his friend Flavio Briatore. "We're not changing anything, just tidying a few things up," the 80-year-old Briton, who now owns about 62 percent of the shares, told Reuters on Friday. "We need to be ready in case we get promoted." West London-based QPR, whose other major shareholder is Indian steel billionaire Lakshmi Mittal, are currently top of the division under manager Neil Warnock and on course for a return to the Premier League for the first time since 1996. Briatore, the former Renault F1 team boss who is currently barred from Formula One activities after a race-fixing scandal, stepped down as QPR chairman in February. He had joined forces with Ecclestone and Mittal in buying the club in 2007. in.reuters.com/article/idINIndia-53646820101217 |
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Post by londonranger on Dec 17, 2010 17:50:05 GMT
Well thats good, just tidying up. Better than sweeping up, since a new broom sweeps clean. While hes tidying though, he might sort the official site and get them to announce things.
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Post by harlowranger on Dec 17, 2010 18:58:58 GMT
Yeah but tidying up can mean getting rid of the dead wood !  |
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Post by Macmoish on Dec 17, 2010 19:12:28 GMT
Or it could just mean sweeping things under the rug! |
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Post by Zamoraaaah on Dec 17, 2010 19:23:25 GMT
Chucking out the rubbish..
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Post by Macmoish on Dec 17, 2010 19:31:21 GMT
Or simply recycling it!
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Post by eusebio13 on Dec 17, 2010 19:35:52 GMT
Doesn't rubbish go in the paladin(i) bin   |
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...And the "attachment"/fealty moves from Gianni to Flavio to Amit/Lakshmi...to Bernie.... Who knows where it will end up next? 
