Tooj 17 Posted December 20, 2007 Share Posted December 20, 2007 http://www.qpr.premiumtv.co.uk/page/NewsDe...1194445,00.html Queens Park Rangers Football Club is delighted to announce today (Thursday 20th December 2007) that the Mittal Family has taken a 20 per-cent shareholding in QPR Holdings Limited. Alongside Mr Bernie Ecclestone, Mr Flavio Briatore and Sarita Capital, the Mittal Family will now be a significant shareholder in the Club. As part of the agreement, the Mittal Family have appointed Mr Amit Bhatia as a Director to the board of the Club. Speaking on behalf of Queens Park Rangers Football Club, the Board of Directors, said: "This investment in QPR by the Mittal Family is a great stepping-stone towards the future development of the Club and supports the ambition of the current shareholders to reach the Premier League in the near future. "The new capital being invested in QPR will help fund the programme that is needed to help us achieve this target." On behalf of the Mittal Family, Mr Bhatia, who is Mr Lakshmi Mittal's son-in-law, said: "The Family is excited about becoming involved with Queens Park Rangers Football Club. "As a family, we love sport and particularly enjoy English football, and alongside Bernie and Flavio, we hope that we can improve the Club's performance, with the ultimate ambition of a place in the Premier League." Link to comment Share on other sites More sharing options...
Dr Gloom 22535 Posted December 20, 2007 Share Posted December 20, 2007 (edited) mittal makes abramovich look like a pauper tbf. he's worth about £30bn iirc Edited December 20, 2007 by Dr Gloom Link to comment Share on other sites More sharing options...
Park Life 71 Posted December 20, 2007 Share Posted December 20, 2007 (edited) mittal makes abramovich look like a pauper tbf. he's worth about £30bn iirc Quite devious as well apparently in his business strategies. A lot of these guys are though I suppose. Edited December 20, 2007 by Parky Link to comment Share on other sites More sharing options...
Shearergol 0 Posted December 20, 2007 Share Posted December 20, 2007 mittal makes abramovich look like a pauper tbf. he's worth about £30bn iirc He can stop giving it to Labour too Link to comment Share on other sites More sharing options...
sammynb 3640 Posted December 20, 2007 Share Posted December 20, 2007 I've always had a bit of a soft spot for QPR, probably the Sir Les association, but if this fucker turns them into another chelsea I can see me losing it very quickly. Link to comment Share on other sites More sharing options...
ewerk 31593 Posted December 21, 2007 Share Posted December 21, 2007 So what's the combined wealth of QPR's owners? It'll be interesting to see whether they're planning to splash the cash. Link to comment Share on other sites More sharing options...
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