Originally Posted by
kingdom hoop
Been reading too many rags over in London methinks!
Yes the ground is valuable, apparently in the region of £24m. Could buy some good players with that, but then they'd have no where to play. Sam Hamman and Ron Noades were trying to stick their dirty noses in and arrange something, with a move to Oxford mooted. Of course the two of them are filthy thieving(insert expletive) so were unkindly told to go away. I would personally be outraged and depressed if Loftus Road was sold. It's such a lovely little ground with tremendous atmosphere at times. It's the kind of ground that makes you wish English football could be rewound 15 or so years and reinstated with its soul.
The 'funny' thing about the management is that Chris Wright (mega-rich Chrysalis founder) was the one who brought the club into administration. That was 2001 I think and since then things have been gradually improving, and certainly not on the verge of administration as you suggest. The loss of Carlos Dunga from the board of directors was regrettable, but every club has to bow to the Brazilian national team every so often! The problem with our loan is that some bright spark 'negotiated' a 10% interest rate with an unnamed off-shore bank which the club is actively trying to consolidate into one fixed monthly payment, sorry, I mean, trying to reduce the percentage rate. I don't know the exact monetary figure but I think it's the interest rate rather than the amount(to the extent the two can be delineated) that is the crippler.
Since the administration the fans have become extremely active to make sure there is no repeat situation. There are regular support trust type meetings with the board, on all matters from financial to painting the seats (a sign of the love for the club would be the offer of fans to volunteer to do so!). I would imagine there must be plenty of latent City-working QPR supporters that might come in as financial 'angels' to help out.
I can't really comment on the state of other clubs but I'd venture that QPR don't deserve the dubious honour of topping the 'endangered' table.