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Post by QPR Report on Sept 30, 2009 12:09:08 GMT
Note the reporter!
London Informer/Paul Warburton Banker ready to replace Briatore as chairman Sep 30 2009
AMIT BHATIA has told friends he's willing to become QPR chairman if Flavio Briatore is forced to quit.
But the club is also worried a bidding war could erupt over the 30 per cent shareholding the Italian might be forced to sell if the Football League bans him under its 'fit and proper person' code.
Briatore was banned for life by the FIA last week in his other role as Renault team boss following the events of 'Crashgate'.
The League is awaiting reports from the FIA and is due to thrash over the findings next Thursday - but Rangers are already clearing the decks for an upheaval at the top.
What could turn out to be his last live match for the man who brought millions to the club two years ago is ironically the 2-1 win over cash-strapped Accrington Stanley in front of just 5,000 fans on August 25.
Briatore is unwilling to face the wrath of supporters at games until his fate is known - and Bhatia is standing by to take over.
The 30-year-old son-in-law of billionaire Lakshmi Mittal was brought in as vice-chairman as part of a 20 per cent investment by the family and is understood to be willing to take over Briatore's 30 per cent, should it be needed.
An insider said: "Under company rules, the shares have to be offered publicly - and that might allow someone else to show an interest.
"But for once in the club's recent history, it won't be left financially high and dry if Briatore decides to leave. It appears Amit Bhatia is more than willing to take over."
Meanwhile, Gareth Ainsworth reckons he will be 'amazed' if former boss Paulo Sousa doesn't see Saturday's clash with Swansea as something special.
Sousa moved to the Liberty Stadium in the summer after being relieved of his job in April that saw the QPR stalwart take the reins for the second time in the season.
Sousa has refused to admit the match is anything but 'just another fixture'.
However, the man he left behind wonders if the Portuguese has his tongue firmly planted in his cheek.
Ainsworth said: "I don't want to speak for Paulo, but I know when I've been back to the likes of Preston, where I had history, it's special.
"At Deepdale, in our last game of last season, I was out to prove I had come of age as a manager.
"It would be someone really odd who didn't see these sort of games the same way - and Paulo never came across as odd to me."
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Post by Zamoraaaah on Sept 30, 2009 13:49:23 GMT
Hmm...Paul WATRBurton again...
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Post by QPR Report on Sept 30, 2009 13:56:35 GMT
But there's no R in Gianni Paladini
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Post by eusebio13 on Sept 30, 2009 18:27:22 GMT
If nothing else it shows that the normal channels for QPR leaks are open and dripping anti-Briatore stories...he's clearly on his last legs
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Post by QPR Report on Sept 30, 2009 18:32:38 GMT
I'd say Briatore should once again act against the leaker
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Post by cpr on Sept 30, 2009 21:02:58 GMT
Don't care, teams doing well now, settled side, no iterference, all good.
Keep this up and we'll be a bargain for anyone.
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Post by QPR Report on Sept 30, 2009 22:54:50 GMT
To combine the two stories: This from the Oct 1, Times Some interesting snippets hereThe Times October 1, 2009
Flavio Briatore eyes QPR exit after ‘Crashgate’
Kevin Eason, Sports News Correspondent Flavio Briatore could be ready to sell his way out of football to avoid a confrontation with the authorities if he is put through another fit and proper persons test.The Football League’s eight-man board sits next week for what could be a defining meeting as it tries to sift through an increasing pile of evidence surrounding three famous names. There are question marks over the ownership of Leeds United and Notts County, while Briatore’s reputation is liable to be put through another examination as the board tries to determine whether a man thrown out of Formula One for cheating is fit and proper to run Queens Park Rangers, of the Coca-Cola Championship, as the club’s co-owner. Speculation is growing that Briatore will head for the exit rather than be put through the wringer again by another sporting body. Amit Bhatia, the QPR vice-chairman, is said to be letting it known to friends and business acquaintances that he would be willing to buy out Briatore if the Italian wants to go.Briatore has not decided what to do yet as he ponders his options after “Crashgate”, including contesting the judgment by the FIA, the governing body of motor sport, that he, as managing director of the Renault Formula One team, led the plot for Nelson Piquet Jr to crash his car so that Fernando Alonso, his team-mate, could win last year’s Singapore Grand Prix. Bhatia is the son-in-law of Lakshmi Mittal, the billionaire steel magnate and the eighth-richest man in the world. But Mittal is not thought to be interested in QPR, even though he bought 20 per cent of the club from Briatore. The numbers are tiny compared with Mittal’s £12 billion fortune, but Briatore will want to make his departure financially worthwhile.Briatore is thought to have paid £540,000 for his original 54 per cent shareholding, with club debts covered by loans. Briatore’s money was paid through Sarita Capital, a company registered in the British Virgin Islands, a tax haven in the Caribbean and an increasingly popular repository for investors in the League. Munto Finance, the company that bought County, is also registered there, too far away for the Football League, with its slender resources, to be able to look into the details of its investors. But revelations in The Times about some of the people involved in the takeover at Meadow Lane have caused concern and the Football League’s board will want to examine the County case in some detail before rubber-stamping the takeover. As a result, the fit and proper persons test and how it is applied will come under severe scrutiny, with the League’s board bound to tighten the rules to try to prevent new cases creeping under the wire. The board is examining County three months after Munto Finance acquired the club, while there are increasing concerns about who owns Leeds two years after Ken Bates, the club’s chairman, controversially bought the club out of administration. Bates is said to have admitted in a Jersey court that he was not the owner of the club, but declared he could not reveal the identities of the investors behind the true owners of Leeds, a company called Forward Sports Fund, registered in the Cayman Islands, another Caribbean tax haven. Next week’s meeting of the board promises to be one of the trickiest faced by Lord Mawhinney, the League chairman, with three high-profile clubs to scrutinise without damaging the credibility of the League, particularly at a time when he is searching for a new title sponsor for all three divisions. Coca-Cola, which has spent £6 million over each of the past three years, is parting company with the League, although Mawhinney believes that he can find a replacement with recession fears easing. www.timesonline.co.uk/tol/sport/football/football_league/article6855976.ece
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Post by klr on Oct 1, 2009 9:43:29 GMT
Beautiful! ;D ;D ;D Someone tell me when Amit is officially taking up the reigns & I can get back to supporting my football club again, the moment there is some kind of official comment, I will be straight down the box office to buy a ticket for the next home match.
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Post by cpr on Oct 1, 2009 11:31:15 GMT
This is a good time anyway KLR.
Briatore not about, no transfer window to be balls up in.
Just a settled football team who have improved beyond wildest expectations in the last four games. ;D
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Post by klr on Oct 1, 2009 11:47:22 GMT
I know my Dear, I know ;D I've heard a couple of reports from people from last night & they said we really looked cohesive & professional, last nights performance has the potential to be a game changed in terms of how we are percieved. I've read a lot of complimentary arrticles in the press about Magilton & we are beginning to be spoken in the press predominantly for footballing reasons which is progress for us. Only the return of Briatore & his henchman can threaten this progress & return us to the Flavio & Gianni's big top circus nonsense. I think that the players are finally starting to realise that they are football players & some are starting to show signs that they actually care about something bigger than just themselves. Promising signs / times indeed. ONWARDS & UPWARDS! ;D ;D ;D I'm still going to stay away until there has been official confirmation about Briatore though, that is my personal choice & I'm not the only one, when Bhatia takes over officially, I will be straight down to that Box Offfice & I will start my campaign to all QPR fans, we need to make our first Home Game under Mr Bhatia an absolute sell out to show our support & enthusiasm for this exceptional gentleman, the club can move forwards together, I feel positive & happy about it, the prospect of supporting QPR again, but I'm not going to pop the Champagne cork just yet, because this is QPR we are talking about & hope is a dangerous thing as a QPR fan.
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Post by FloridaR on Oct 1, 2009 11:52:01 GMT
if he gets rid of Paladini, I may discontinue my boycott against the club & come over for a visit.
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Post by QPR Report on Oct 1, 2009 12:09:10 GMT
Presumably far better than Briatore...And as an individual probably far nicer.
But perhaps just temper with just a little caution: From Gregory to Bulstrode to the Thompsons to Chris Wright....On to Zanotti...Ecclestone and Mittal... So let's see what actually happens.. How much money is put in? Is this a Bhatia whim or a Mittal family investment?... (Whose money is put in: Owners or fans and bank loans?.. What happens to ticket prices...How much money is put in for transfers?...What happens to the replacement ABC Loan...What happens to Paladini...And similar such questions.
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Post by antiguaranger on Oct 1, 2009 13:10:04 GMT
Why all the anti-Briatore comments? Our club was going nowhere until he took an interest. Yes he has made mistakes, but the R's are in a far better place now than before he came onto the scene. I don't condone what happened in Singapore but that has nothing to do with QPR. I for one will always be appreciative to Briatore for what he has done for us.
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Post by Zamoraaaah on Oct 1, 2009 13:13:55 GMT
Welcome to the board AntiguaRanger
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Post by QPR Report on Oct 1, 2009 13:17:48 GMT
Fair view. I certainly think there's a certain bandwagon on some people's part, who not long ago were fawning over Flavio. And the very same "facts" about QPR which were being reported/rumoured which were denied or explained or condoned, etc...are suddenly pointed to.
A couple of points
Whether IF he really did what he's accused of in F1, should that exclude from being a Director.
Assessing His performance as QPR Chairman: Money, involvement, Managerial sacking, team involvement, etc. I've said that the club has spent a lot of money on players/salaries/paying off fired coaches, etc. I just say not so wisely..
And I'll leave to others...
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Post by antiguaranger on Oct 1, 2009 13:31:08 GMT
I accept that it hasn't been a smooth ride with Flavio, and the managerial merry-go-round has been a prime example of this. We may well have overspent on certain players, but Briatore demonstrates passion for the club has put his money where his mouth is. None of us want to go back to the dark pre-FB days, and I just feel that he is due a little more respect. Rant over!
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Post by klr on Oct 1, 2009 13:35:14 GMT
Why all the anti-Briatore comments? Our club was going nowhere until he took an interest. Yes he has made mistakes, but the R's are in a far better place now than before he came onto the scene. I don't condone what happened in Singapore but that has nothing to do with QPR. I for one will always be appreciative to Briatore for what he has done for us. Fair enough, but I think the issue here is not about individuals, its about safeguarding the integrity & reputation of the club, which is bigger than any one person or individual. Its a moral & ethical responsibility to a well loved 127 year old institution that has been passed down from Grandfathers to fathers to Sons, of course Briatore cant be allowwed to threaten tarnish that. Briatores contribution will be debated, but of course he cant be allowed to be associated with the club anymore, there is more at stake than just his own reputation, he has let himself down, but should he be allowed to drag the name of the club in to this moral quagmire ?? No, of course not, & my personal opinion is that I would be astounded if there is any genuine QPR fan that thinks he should be allowed to carry on having an association & influence at our football club. Arrivederci Flavio.
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Post by QPR Report on Oct 1, 2009 13:36:06 GMT
I don't think that's a rant: That's an expression of view I think if the alternative WAS a return to the "bad old days/bankrupty/Administration" many would be prepared to stick with Briatore. It's that it's seems an even more golden future is possible if Bhatia replaces Briatore. But certainly, not all Briatore has been negative. And intentions were to get QPR up...Maybe matter of temperament: Not suited to be a club chairman and delegate to a manager (which is strange given that what we thought would happen)
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Post by klr on Oct 1, 2009 13:46:05 GMT
What is preferable here ?? Is it to be morally bankrupt, or financially bankrupt ? I dont think tthere is any justification for defending Briatore, certainly no need for anyones "Loyalty" to be called in to question He treated our club with little more than contempt, certainly didnt show it / us any "respect" so excuse me If I / we dont all queue up to defend him, he's a busted flush, finished, finito. Arrivederci Flavio, go and live your ridiculous life somewhere else away from our club.
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Post by antiguaranger on Oct 1, 2009 13:48:05 GMT
I hear what you say, and of course the club is bigger than any individual. However, the negative comments about Flavo remind me a little of the bile that was directed at Chris Wright - a QPR fan who poured millions into the club, got ripped off in the process, and then was subjected to so much criticism that he couldn't attend our matches any more. It is easy to criticise, but how many of us would be willing to devote our time and money to taking the club forward? The bottom line is we all want whats best for QPR.
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Post by QPR Report on Oct 1, 2009 13:49:38 GMT
OK, but no question you've been consistent in your view. My point was that some others, in some places, are jumping on the bandwagon (includingperhaps at the club).
And I imagine you'd agree (might not like it but agree) that for the majority of supporters: They're not too focused on means: Just the ultimate result. And they'd certainly prefer to be run by someone "morally bankrupt" (to use your rather strong term) than for the club to be "financially bankrupt" certainly not everyone. But I'd say the majority.
Now it looks like being a win/win...So don't have to have this tough choice
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Post by klr on Oct 1, 2009 13:57:17 GMT
I hear what you say, and of course the club is bigger than any individual. However, the negative comments about Flavo remind me a little of the bile that was directed at Chris Wright - a QPR fan who poured millions into the club, got ripped off in the process, and then was subjected to so much criticism that he couldn't attend our matches any more. It is easy to criticise, but how many of us would be willing to devote our time and money to taking the club forward? The bottom line is we all want whats best for QPR. Interesting & Valid points that you make. But, & call me a hypocrite, but isnt it easier to forgive someone like Chris Wright, because he was a QPR fan in the first place ? & when you say "The bottom line is we all want whats best for QPR." Personally, I wouldnt say that that is true of Briatore in the way that it is for us, Chris Wright was more of a misguided fan IMO, much like Mark Goldberg at Palace who possibly had good intentions but was out of his depth. I personally dont think Briatore ever wanted what was best for QPR, I dont even regard him as a benefactor "Flavio Saved QPR" I regard Briatore's involvement with QPR more as a "Speculator" as opposed to a "Benefactor" And something that has always interested me, was how Paladini sold QPR to Briatore ? How did he did he make it sound like an attractive business proposition ?? "Flavio Saved QPR" I actually find that comment not only a smokescreen, but also quite offensive If I'm being honest, just my opinion, no more important than anyone elses at the end of the day.
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Post by Macmoish on Sept 30, 2010 6:48:07 GMT
Bump...Just wish the changes were made permanent/and that Briatore was bought out. (Don't know why Mittals can't just buy Briatore's shares. Then if they want to sell part to Kingfisher (or someone else after), do so
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