QPR about to get moneyman....

The Sun - F1 chief Flavio is a Ranger
By PAUL JIGGINS -August 17, 2007

FORMULA ONE chief Flavio Briatore has won the race to buy QPR.
The Renault boss will complete a £22million deal for the Londoners early next week.
It follows three months of negotiations between the Italian tycoon and Rangers chairman Gianni Paladini.
Billionaire Briatore has agreed to wipe out Rangers’ £17m debt — saving the club from going bust.
He is also expected to give boss John Gregory cash to splash in January’s transfer window.
Paladini will stay on as chairman at Loftus Road.
And last night he said: “It’s a dream come true for QPR fans and saves this club from liquidation.
"Mr Briatore wants to do for QPR what Mohamed Fayed has for Fulham and turn us into a Premier League club.”
Flamboyant Briatore, 57, is renowned for having a shrewd business brain.
He transformed the US operations of fashion firm Benetton and turned just five stores into 800.
In 1989 Luciano Benetton asked him to work his magic on his F 1 outfit — and two years later Briatore signed Michael Schumacher.
And in 2003 he promoted reigning Formula One champ Fernando Alonso — who was then Renault’s test driver — to the team.
Briatore has a lavish home in London and last night his spokesman said: “Mr Briatore is looking forward to being involved with English football.
“QPR is a club with a rich history and fine future now.” User Posted Link

Reuters - Renault chief to become QPR owner, report says
Fri Aug 17, 2007
Flavio Briatore, who runs the Renault Formula One team, is set to become the new owner of English second division club Queens Park Rangers.
"Mr Briatore wants to do for QPR what Mohamed Al Fayed has done for Fulham and turn us into a Premier League club," Rangers chairman Gianni Paladini told the Sun newspaper on Friday.
"It is a dream come true for all the fans and saves this club from liquidation."
Billionaire Briatore, 57, will wipe out QPR's debt of 17 million pounds and invest an extra 100 million pounds over three years, the Sun reported.
Rangers were last in the Premier League in 1996. User Posted Link

Posted By: phrankin on August 17th 2007 at 10:13:59

Message Thread

QPR about to get moneyman.... (Other Football) - phrankin, Aug 17, 10:13:59
- Maybe it'll work, maybe it won't... (Other Football) - thebigfeller, Aug 17, 10:31:01
  - villa were going to pay 9 million for Gordon (Other Football) - phrankin, Aug 17, 10:35:29
    - And are getting absolute bucketloads from the latest TV deal! (Other Football) - thebigfeller, Aug 17, 10:36:52
- How tedious is this millionaires playground thing, Sky & their money have ruined football (n/m) (Other Football) - Taxi 4 Johnson, Aug 17, 10:16:42
  - true, but with the demand for large squads (Other Football) - tommyraydesign, Aug 17, 10:22:56
  - Agree, you can set up a youth system & try & feed players into the team prudently buy (Other Football) - lovely old job, Aug 17, 10:22:27
    - On the other hand, it did fail for (Other Football) - Steve in Holland, Aug 17, 10:23:52
      - wolves made teh play-offs, cardiff came close (Other Football) - phrankin, Aug 17, 10:25:21
        
        Yes, but neither were promoted, and (Other Football) - Steve in Holland, Aug 17, 10:26:39
        
        Depends on how well they do this year dunt it.... (Other Football) - phrankin, Aug 17, 10:28:33
        
        But agreed its a bit sad really... can we even compete anymore (Other Football) - phrankin, Aug 17, 10:30:29
      - but that was just down to Karma. (n/m) (Other Football) - lovely old job, Aug 17, 10:25:16
  - aka 'We're jealous' (n/m) (Other Football) - Chelmsford Yella, Aug 17, 10:18:54
    - hmmmm no not really.... it'll all go tits up @ some point (n/m) (Other Football) - Taxi 4 Johnson, Aug 17, 10:20:48
      - being run by a Billionnaire, Flavio Briatore?? (Other Football) - phrankin, Aug 17, 10:21:44
        
        I think what he means is that the eventual conclusion would be (Other Football) - Steve in Holland, Aug 17, 10:23:08
        
        said as if you would stop supporting norwich if such an event occurred (n/m) (Other Football) - tommyraydesign, Aug 17, 10:27:33
        
        no (n/m) (Other Football) - Steve in Holland, Aug 17, 10:30:02
        
        It's all relative... (Other Football) - Chelmsford Yella, Aug 17, 10:25:44
        
        Yeah, but the logical conclusion would be (Other Football) - Steve in Holland, Aug 17, 10:29:31
        
        Sure but... (Other Football) - Chelmsford Yella, Aug 17, 10:34:34
        
        Yeah - but how many countries have (Other Football) - thebigfeller, Aug 17, 10:33:18
        
        Foreign investment (Other Football) - Steve in Holland, Aug 17, 10:37:51
        
        Mate of mine took an Aussie friend of his to Brighton v Chesterfield a while back (Other Football) - thebigfeller, Aug 17, 10:42:17
        
        lol (n/m) (Other Football) - Steve in Holland, Aug 17, 10:44:47
        
        heading that way already - however a crap unproven manager (Other Football) - phrankin, Aug 17, 10:24:20
        
        Yes, but I honestly think if something doesn't change it will be a far more (Other Football) - Steve in Holland, Aug 17, 10:25:55
        
        more likely the top clubs will just duck out and join a european superleage (Other Football) - phrankin, Aug 17, 10:27:39
        
        Rubbish... (Other Football) - Chelmsford Yella, Aug 17, 10:29:53
        
        not really as such - but the leagues in this country are a bit of a joke (Other Football) - phrankin, Aug 17, 10:31:58
        
        the sooner that happens the better (n/m) (Other Football) - Taxi 4 Johnson, Aug 17, 10:28:43
        
        I don't think it will ever happen (n/m) (Other Football) - Steve in Holland, Aug 17, 10:30:33
        
        nor do i (n/m) (Other Football) - blindasabat, Aug 17, 10:38:40
        
        many more seasons of this same Top 4 (Other Football) - phrankin, Aug 17, 10:48:18
        
        I meant the top 4 leaving.... not u packing up and supporting a rugby club (n/m) (Other Football) - Taxi 4 Johnson, Aug 17, 10:30:24
        
        personally I hate Rugby (Other Football) - phrankin, Aug 17, 10:32:57
- All gonna go tits up intut ? (Other Football) - Steve in Holland, Aug 17, 10:16:19

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.