London football not looking too great.

fbloke

Well-Known Member
Joined
26 Apr 2009
Messages
13,303
Today has been one of those days where interesting football news isn't getting the attention it deserves because of the Blatter/Walker/bin Hammam nonsense but I think City fans can take comfort from being so far 'oop north' when down in glittering and shiny London......

QPR season ticket prices have gone up by 40% a very rich chap who happens to own 33.3% of the QPR stock has resigned after

Breaking: I understand #QPR Vice-Chmn Amit Bhatia has resigned "my vision & strategy for club is v different from other shareholders...

Bhatia: "..& other board members..decisions to sack CEO Saksena & significantly increase ticket prices just 2 of decisions I disagree with"

Breaking: Bhatia confirms Mittal family had tried to buy #QPR but talks broken down and come to end - he will retain his 33% stake.

And thats on a day when the Arsenal takeover by Stan Kroenke looks even less likely as Usmanov has countered the Kroenke offer with his own -

Russian billionaire Alisher Usmanov, Arsenal’s second-largest shareholder, is offering to buy stakes in the English Premier League soccer club at a higher price than majority owner Stan Kroenke.

Usmanov has instructed London-based broker Brewin Dolphin Holdings Plc to make a 14,000-pound ($22,600) per share offer to holders. That’s higher than the 11,750-pound offer Kroenke made last month after buying about 30 percent of the club’s stock from former directors Nina Bracewell-Smith and Danny Fiszman. Usmanov owns 27.4 percent of Arsenal, while Kroenke now holds almost 64 percent.

Red & White Holdings Ltd., the company created by Usmanov to buy Arsenal stock, may send its offer document to the club’s remaining shareholders in the next 24 hours, a spokesman said today. Usmanov has been paying up to 12,500 pounds per share since Kroenke took control of the team.

Kroenke and Usmanov have battled for control of Arsenal, the 13-times champion of English soccer. Usmanov told Bloomberg News he’s not willing to sell his shares to the American, who has interests in a range of U.S. sports teams including the NFL’s St. Louis Rams and basketball franchise Denver Nuggets.

Kroenke has declined to meet with Usmanov and discuss his plans for the club. The Arsenal Supporters Club, which speaks for small shareholders who have a combined holding of about 8 percent, advised its members not to sell to Kroenke, saying they preferred the club to have plurality of owners.

“We still advise small shareholders to hold their shares because it’s about joint custodianship of the club,” said AST spokesman Tim Payton. He said he has yet to see Usmanov’s offer document or a letter explaining the rationale behind his bid.
Usmanov first took a stake in the club in 2007, when he bought 15 percent for 75 million pounds from former board member David Dein.

Add in the fact Chelsea are in turmoil and Harry has admitted that Spurs have gone as far as they can and thats a bad few days in London town.
 
Prestwich_Blue said:
At this rate, Mark Hughes & Fulham will be top dog in London next season
Come on, it clueless your taking about!
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.