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Post by wallywest on Feb 22, 2010 23:02:19 GMT
“Goodbye and good riddance. The clown has left the circus. Mr. Briatore says he is proud of having saved Queens Park Rangers. Instead, he should be ashamed of himself. He didn’t save anything,quite the contrary. When I sold him the club, QPR was financially solvent ,with a lot of promising young players .In three years, Mr. Briatore raised the ticket prices,sold off all the most promising players, Blakestock, Lee Camp and many others. He broke every promise he made to the shareholders and to the fans of the club. Mr. Briatore’s lethal combination of arrogance, greed and football ineptitude turned QPR into a laughing stock with eight coach’s in three years, selling of the best players and buying none. Now he has run off before the FA investigation I requested has started. I can only hope that the new administration will carefully analyze all of Mr. Briatore’s financial actions while at the helm of the club.As a former chairman,and fan of QPR, I will be more than glad to meet the new CEO, Mr. Ishan Saksena to resolve our past differences and assist him in any way I can to help the club.This is a time that all true fans and supporters of QPR should rally behind the team.”
(from his blog)
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Post by QPR Report on Feb 22, 2010 23:05:39 GMT
Thanks Wally
And I admit I was very hard on Caliendo...SORRY!...But hard to see what's wrong here
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Post by Zamoraaaah on Feb 22, 2010 23:07:23 GMT
Nice find Wally.  |
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Post by samp99 on Feb 22, 2010 23:15:39 GMT
Grazie mille Wally! |
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nico
Ian Holloway
banned
Posts: 256
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Post by nico on Feb 22, 2010 23:27:29 GMT
I have just sent a message to Antonio who has remained my good friend, telling him bravo for such a good 'goodbye'.
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Post by cpr on Feb 22, 2010 23:28:31 GMT
Whoops wine and emails again, oh dear.  |
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nico
Ian Holloway
banned
Posts: 256
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Post by nico on Feb 22, 2010 23:29:54 GMT
haha cpr - I am afraid I'm very sober this time. Got a cold coming on I think. Maybe a little drop of scotch in my lemsip
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Post by QPR Report on Feb 23, 2010 0:03:07 GMT
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Post by QPR Report on Feb 23, 2010 6:58:33 GMT
Telegraph/Rory SmithQueens Park Rangers chairman urged to 'analyse' Flavio Briatore's dealings
Flavio Briatore's replacement as Queens Park Rangers chairman, Ishan Saksena, has been urged to "carefully analyse" all of the Italian's dealings over his 2½-year tenure at Loftus Road by the club's former majority shareholder. Briatore resigned abruptly last week, citing his need to "focus his energies" elsewhere, though he remains a shareholder in the club. The former Renault F1 team principal, who bought QPR with Bernie Ecclestone in 2007, had employed 11 managers in his time at the club, and stood accused of interfering in team affairs. QPR expectation 'has gone through the roof', says Gavin Mahon Darel Russell gives Norwich new hopeHis departure came just days after Telegraph Sport revealed that Antonio Caliendo, the club's former chairman and part of the consortium from which Briatore bought the club, had written to Lord Triesman, the chairman of the Football Association, asking for the circumstances of Briatore's takeover to be investigated. Caliendo, who has asked that Triesman examine whether "the transfer [of Caliendo's shareholding] was done in a proper, legal and transparent manner", has also instituted proceedings against Mishcon de Reya, the club's lawyers at the time of the takeover, over alleged complications relating to the sale of his stake. "In three years, Mr Briatore has raised ticket prices and sold off promising players," said Caliendo. "His arrogance turned QPR into a laughing stock. I hope the new administration will carefully analyse all of Mr Briatore's actions while at the helm of the club." www.telegraph.co.uk/sport/football/leagues/championship/queensparkrangers/7294782/Queens-Park-Rangers-chairman-urged-to-analyse-Flavio-Briatores-dealings.html
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Post by FloridaR on Feb 23, 2010 12:36:59 GMT
Now he has run off before the FA investigation I requested has started.
Love it .. looks like its not a conspiracy theory afterall..
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Post by Macmoish on Feb 23, 2011 8:05:36 GMT
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ingham
Dave Sexton
Posts: 1,896
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Post by ingham on Feb 23, 2011 9:08:29 GMT
The accounts suggest Caliendo left the club 'bankrupt', not 'solvent'.
Not that his successors aren't losing money on an even more impressive scale.
And it's the Club's money, not theirs, of course.
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Post by Macmoish on Feb 23, 2011 9:49:29 GMT
But to be a little fair, as I understand it (as was reported): Caliendo lost several million pounds of his own money: He was owed that - and at the time of the takeover, wrote off the debt
From the takeover statement "..On the 1 September 2007 Mr. A Caliendo waved £4,212,882 of his loan owed to him by QPR Holdings Limited"
- If that's accurate: That's praiseworthy, noteworthy, etc
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ingham
Dave Sexton
Posts: 1,896
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Post by ingham on Feb 24, 2011 11:01:24 GMT
If his talent for losing money was one of the reasons Paladini brought him in, he didn't disappoint, losing £5 million of QPR's money in a single year, to top off the £20 million losses he and his predecessors had already accumulated, including the £10 million required to meet their obligations concerning the Ground.
Whether it was particularly high-minded of him to lose more of QPR's money than his own, I can't say, but if you want a bloke who is adept at losing millions, the fact that he has lost his own money as well might serve as some sort of recommendation.
But as you suggest, what they say is one thing, and what it means may be quite different. Far from losing his own money, didn't Paladini once declare on the official site that he and Caliendo had paid off all the debt they had inherited.
THAT wasn't true, was it? Curiously enough, it was in the same 'editorial' which rejected claims in the press that QPR's debt was more than £18 million!
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Post by Macmoish on Feb 23, 2012 8:00:35 GMT
Bump: Ah Antonio...!
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