Post by QPR Report on Oct 14, 2009 12:11:18 GMT
OK I admit not exactly comparable! 
But we've never said a single word on the QPR Official Site re the Briatore situation.
This from Orient today
Club Statement On Nick Levene
LEYTON ORIENT chairman Barry Hearn has responded to recent national media stories regarding the club's vice chairman Nick Levene.
"We are aware of the newspaper articles regarding Nick Levene's business interests and personal financial dealings but have no further information than that which has been reported in the media," said Hearn.
"Until such time as we have discussed the situation further with Nick Levene we will be making no further comment on the matter."
Levene currently has a 6.13% shareholding in Leyton Orient FC and has been vice chairman since February 1999.
www.leytonorient.com/page/NewsDetail/0,,10439~1825978,00.html
And this kind of story
Top City financier disappears amid allegations he owes investors £70million
By DAILY MAIL REPORTER
Last updated at 12:43 PM on 14th October 2009
A prominent City financier has disappeared amid fears he has lost investors tens of millions of pounds.
Nicholas Levene, 45, is being pursued over alleged debts by a host of wealthy business people. They include rag trade tycoon Richard Caring and transport moguls Brian Soutar and Ann Gloag.
He has had his assets frozen by the High Court over allegations he failed to hand over profits of more than £70 million.
Enlarge Enlarge
Trader trouble: Nicolas Levene may have lost investors tens of millions of pounds. They include prominent London restaurateur Richard Caring
The derivatives trader, who is known to his friends as 'Beano', has a lavish home in High Barnet, North London which he is currently banned from selling by a court order.
He is also barred from selling his shareholdings, his office and his stake in Leyton Orient FC, where he is vice-chairman.
The trader has been ordered to surrender his passport.
Ann Gloag and her bus tycoon brother Brian Soutar gave Levene £10 million to invest
Described by friends as 'charming' and 'a man who lived the dream', Levene has access to his own private jet.
Levene has failed to appear at critical court hearings to defend himself, prompting the court action. His current whereabouts are unknown.
He and his family have not been seen at their home and there are suspicions that he may be in northern Cyprus, where he has recently opened bank accounts.
Mr Levene attracted investors who believed he was able to buy into share deals normally off-limits to the general public.
A number of wealthy, high-profile celebrities were among his clients.
They included Caring, who also owns the Ivy and Le Caprice restaurants in London, and bus company boss Brian Souter and his sister Ann Gloag.
It is understood she is claiming he owes the pair £18million.
According to a High Court writ, Mr Souter and his sister gave Levene £10million to invest in HSBC Bank and mining giant Xstrata.
The Scottish tycoons told him to sell when they each made £3.8million profit. They claim never to have received any cash.
Mr Levene has denied doing anything wrong and insists he paid the pair in full.
High Court documents also outline a £38million claim from prominent businessmen Victor Lupson and John Bennett.
In a separate action, Mr Levene is being pursued by two spread-betting companies over alleged unpaid gambling debts.
One of the debts adds up to £720,000 which he lost on a Twenty20 cricket match two years ago.
IG Index has issued a High Court writ demanding £957,000 from Mr Levene.
The demand is made up of a debt of £791,185 in losses on the bet plus interest of more than £160,000, continuing at £97.54 per day, court fees of £1,530 and solicitor’s costs of £100.
Papers lodged by IG Index’s lawyers in the Queen’s Bench Division of the High Court reveal that by October, 2007, Mr Levene owed IG Index £1,778,500.
Between February and November last year, Mr Levene repaid debts of £987,315 in four separate tranches of between £200,000 and £350,000 each.
Levene is reported not to have returned calls or emails at Leyton Orient and has not been seen at games for several weeks.
Three weeks ago he is understood to have emailed Touch Group, a small listed technology company, to resign from the board explaining that he needed to ‘organise his personal affairs’.
www.dailymail.co.uk/news/article-1220305/City-trader-owes-70m-vanishes.html
But we've never said a single word on the QPR Official Site re the Briatore situation.This from Orient today
Club Statement On Nick Levene
LEYTON ORIENT chairman Barry Hearn has responded to recent national media stories regarding the club's vice chairman Nick Levene.
"We are aware of the newspaper articles regarding Nick Levene's business interests and personal financial dealings but have no further information than that which has been reported in the media," said Hearn.
"Until such time as we have discussed the situation further with Nick Levene we will be making no further comment on the matter."
Levene currently has a 6.13% shareholding in Leyton Orient FC and has been vice chairman since February 1999.
www.leytonorient.com/page/NewsDetail/0,,10439~1825978,00.html
And this kind of story
Top City financier disappears amid allegations he owes investors £70million
By DAILY MAIL REPORTER
Last updated at 12:43 PM on 14th October 2009
A prominent City financier has disappeared amid fears he has lost investors tens of millions of pounds.
Nicholas Levene, 45, is being pursued over alleged debts by a host of wealthy business people. They include rag trade tycoon Richard Caring and transport moguls Brian Soutar and Ann Gloag.
He has had his assets frozen by the High Court over allegations he failed to hand over profits of more than £70 million.
Enlarge Enlarge
Trader trouble: Nicolas Levene may have lost investors tens of millions of pounds. They include prominent London restaurateur Richard Caring
The derivatives trader, who is known to his friends as 'Beano', has a lavish home in High Barnet, North London which he is currently banned from selling by a court order.
He is also barred from selling his shareholdings, his office and his stake in Leyton Orient FC, where he is vice-chairman.
The trader has been ordered to surrender his passport.
Ann Gloag and her bus tycoon brother Brian Soutar gave Levene £10 million to invest
Described by friends as 'charming' and 'a man who lived the dream', Levene has access to his own private jet.
Levene has failed to appear at critical court hearings to defend himself, prompting the court action. His current whereabouts are unknown.
He and his family have not been seen at their home and there are suspicions that he may be in northern Cyprus, where he has recently opened bank accounts.
Mr Levene attracted investors who believed he was able to buy into share deals normally off-limits to the general public.
A number of wealthy, high-profile celebrities were among his clients.
They included Caring, who also owns the Ivy and Le Caprice restaurants in London, and bus company boss Brian Souter and his sister Ann Gloag.
It is understood she is claiming he owes the pair £18million.
According to a High Court writ, Mr Souter and his sister gave Levene £10million to invest in HSBC Bank and mining giant Xstrata.
The Scottish tycoons told him to sell when they each made £3.8million profit. They claim never to have received any cash.
Mr Levene has denied doing anything wrong and insists he paid the pair in full.
High Court documents also outline a £38million claim from prominent businessmen Victor Lupson and John Bennett.
In a separate action, Mr Levene is being pursued by two spread-betting companies over alleged unpaid gambling debts.
One of the debts adds up to £720,000 which he lost on a Twenty20 cricket match two years ago.
IG Index has issued a High Court writ demanding £957,000 from Mr Levene.
The demand is made up of a debt of £791,185 in losses on the bet plus interest of more than £160,000, continuing at £97.54 per day, court fees of £1,530 and solicitor’s costs of £100.
Papers lodged by IG Index’s lawyers in the Queen’s Bench Division of the High Court reveal that by October, 2007, Mr Levene owed IG Index £1,778,500.
Between February and November last year, Mr Levene repaid debts of £987,315 in four separate tranches of between £200,000 and £350,000 each.
Levene is reported not to have returned calls or emails at Leyton Orient and has not been seen at games for several weeks.
Three weeks ago he is understood to have emailed Touch Group, a small listed technology company, to resign from the board explaining that he needed to ‘organise his personal affairs’.
www.dailymail.co.uk/news/article-1220305/City-trader-owes-70m-vanishes.html