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Post by superckat on Sept 22, 2011 19:08:43 GMT
Well I thought I was dreaming when I read this thread. But now I know that I must be dreaming as I've just read Marks' post and he was being nice about Amit. Actions speak louder than words. And with that in mind I'll stand up and applaud him when he takes his seat on Saturday. Real change has finally been bought about and for that thanks and praise will always be offered, as and when it's due. Well You'll be the only one applauding then. Being ITK as I am. I know he won't be there either. |
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Dave Sexton
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Post by ingham on Sept 22, 2011 19:08:52 GMT
Hello Londonranger. I'm sure a lot of people have doubts when they hear comments of this kind. We've become accustomed over the years to going over what we're told with a fine tooth comb, haven't we?
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dsqpr
Ian Holloway
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Post by dsqpr on Sept 22, 2011 19:15:27 GMT
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weareqpr12
Ian Holloway
** Banned user **
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Post by weareqpr12 on Sept 22, 2011 19:18:00 GMT
Gosh sounds impressive but to think the mittals are worth 19 billion just shows u that qpr is a very small play toy  |
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Post by Markqpr on Sept 22, 2011 20:01:55 GMT
Actions speak louder than words. And with that in mind I'll stand up and applaud him when he takes his seat on Saturday. Real change has finally been bought about and for that thanks and praise will always be offered, as and when it's due. Well You'll be the only one applauding then. Being ITK as I am. I know he won't be there either. Is that because the match is actually on Sunday or because he's just not going this weekend? |
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Post by fraserinbc on Sept 22, 2011 22:00:45 GMT
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Post by superckat on Sept 22, 2011 22:51:18 GMT
Just because the match is on Sunday. I was trying to be smart... I know. It's not big and it's not clever.
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Post by londonranger on Sept 23, 2011 1:24:15 GMT
Again I look at this statement and really cant fathom why in the world this would be something he would even considering saying and to Dave mcIntyre?
Maybe something in the future will add a meaning to this, but for now baffled. Were they drinking together and Amit was on a rambling free floating free association about anything. Could be.
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Post by Macmoish on Sept 23, 2011 7:19:00 GMT
MERGING WITH THE OTHER BHATIA/NO DEBTS THREAD
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Post by Macmoish on Sept 23, 2011 7:20:34 GMT
MERGING WITH OTHER NO DEBTS BHATIA THREAD
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Post by cpr on Sept 23, 2011 7:42:49 GMT
In my naive mind, the sale of the club (66%) cleared the debt. Would it not?
Blackpool received almost £40m for their sojourn last season. They will receive £12m per serason, for four seasons. This money is paid at season's end once all the funds are collated. It will be more this season in single payment but the £12m per season remains the same.
TV revenue comes in during the season as it is in some form, recompense for lower gates. We're doing well on the TV front, Sky seem to like us even though it's impossible to see the Ellerslie touchline. Must be our close proximity, something BBC have regularly failed to capitlase on. Still they have United and City now, bet they love it.
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Post by RoryTheRanger on Sept 23, 2011 8:08:50 GMT
Again I look at this statement and really cant fathom why in the world this would be something he would even considering saying and to Dave mcIntyre? Maybe something in the future will add a meaning to this, but for now baffled. Were they drinking together and Amit was on a rambling free floating free association about anything. Could be. McCintyre probably asked him and Amit gave an honest answer. It's been on a lot of fans minds whether or not we are safe financially if we do go down and it's good to be reassured by Amit. |
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Post by Macmoish on Sept 22, 2012 7:44:54 GMT
Bump
"I would go so far as to describe the club as being debt-free"
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Post by cpr on Sept 22, 2012 7:57:14 GMT
I would go as far as to say the club is earning millions.....
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Post by cpr on Sept 22, 2012 10:02:10 GMT
Fernandes' money has brought us a certain synergy, both Rangers and Caterham are third from bottom of their relevant tables.  |
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Post by cpr on Sept 22, 2012 10:03:09 GMT
I only mentioned that having just seen him on the tele. ;D
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Post by Macmoish on Sept 22, 2013 5:11:29 GMT
www.westlondonsport.com/qpr/qpr-would-cope-with-relegation-bhatia/QPR would cope with relegation – Bhatia 22/09/2011 by David McIntyre Big-spending QPR would cope financially if they are unable to stay in the Premier League this season, Amit Bhatia has insisted. The Tony Fernandes-led takeover at Loftus Road resulted in significant investment in new players before the transfer deadline – and added to the club’s already swelled wage bill. With the likes of Joey Barton and Shaun Wright-Phillips having made an immediate impact – as demonstrated in Saturday’s 3-0 win at Wolves – Rangers now appear capable of comfortably avoiding the drop. But QPR Holdings vice-chairman Bhatia, who describes the club as “debt-free”, says the new-look regime first discussed what would happen in the event of relegation before deciding to spend. “The signings we’ve made mean we have every chance of staying up but of course we had to think about the alternative in case that did not happen,” Bhatia told West London Sport. “For example, in some cases we have relegation clauses in the players’ contracts. In others we were not able to do so but I’ve spoken to Tony about this and we’re both happy.” QPR’s accounts showed heavy annual losses throughout Flavio Briatore and Bernie Ecclestone’s four years as co-owners, during which a number of directors’ loans financed spending on and off the pitch. An even worse situation developed during the Chris Wright era, when similar funding failed to deliver success and Rangers ended up in administration with Wright as their main creditor. Bhatia says there is no question of a similar scenario developing under the current owners. He said: “Let’s be clear, previously directors provided loans and those debts no longer exist. They have been wiped out. In fact I would go so far as to describe the club as being debt-free.“Cash is now being provided by the owners with no burden being placed upon the club and we felt that was the best way. “The main thing is that we’ve brought stability to QPR, which was badly needed. It gives us a chance to achieve what we all want for the club.” |
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Post by Macmoish on Sept 22, 2014 7:46:22 GMT
Bump... Bump - 3 Years Ago www.westlondonsport.com/qpr/qpr-would-cope-with-relegation-bhatia/QPR would cope with relegation – Bhatia22/09/2011 by David McIntyre Big-spending QPR would cope financially if they are unable to stay in the Premier League this season, Amit Bhatia has insisted. The Tony Fernandes-led takeover at Loftus Road resulted in significant investment in new players before the transfer deadline – and added to the club’s already swelled wage bill. With the likes of Joey Barton and Shaun Wright-Phillips having made an immediate impact – as demonstrated in Saturday’s 3-0 win at Wolves – Rangers now appear capable of comfortably avoiding the drop. But QPR Holdings vice-chairman Bhatia, who describes the club as “debt-free”, says the new-look regime first discussed what would happen in the event of relegation before deciding to spend. “The signings we’ve made mean we have every chance of staying up but of course we had to think about the alternative in case that did not happen,” Bhatia told West London Sport. “For example, in some cases we have relegation clauses in the players’ contracts. In others we were not able to do so but I’ve spoken to Tony about this and we’re both happy.” QPR’s accounts showed heavy annual losses throughout Flavio Briatore and Bernie Ecclestone’s four years as co-owners, during which a number of directors’ loans financed spending on and off the pitch. An even worse situation developed during the Chris Wright era, when similar funding failed to deliver success and Rangers ended up in administration with Wright as their main creditor. Bhatia says there is no question of a similar scenario developing under the current owners. He said: “Let’s be clear, previously directors provided loans and those debts no longer exist. They have been wiped out. In fact I would go so far as to describe the club as being debt-free. “Cash is now being provided by the owners with no burden being placed upon the club and we felt that was the best way. “The main thing is that we’ve brought stability to QPR, which was badly needed. It gives us a chance to achieve what we all want for the club.” |
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Post by Macmoish on Sept 22, 2015 7:22:10 GMT
Bump/Flashback 4 Years...
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Post by kirill on Sept 23, 2015 10:33:08 GMT
Read this QPR forum from time to time, just as I do many others. Haven't bothered posting anything for ages but I just couldn't keep quiet any longer. Seen this bumped thread with this wonderful statement of 4 years ago and it has literally brought tears to my eyes. How the f*ck could someone have taken a steadied ship like this and turned it into a financial Titanic in just 4 years? This is criminal in my book. Utterly criminal and completely unforgivable.
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Post by Macmoish on Nov 8, 2015 22:22:23 GMT
Bump
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