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Tony Fernandes leaves the club 09:02 - Jul 10 with 17164 viewskingsburyR

Now what?

Dont know why we bother. .... but we do!

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Tony Fernandes leaves the club on 09:04 - Jul 10 with 8548 viewsNorthernr

Snap reaction is that this has been coming for some time. Every time they convert the debt to equity Ruben has been paying it, steadily increasing his shareholding and decreasing Tony's. Also heard the American investor, Reilly, has been quite influential behind the scenes this summer so maybe he's having more of a role.
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Tony Fernandes leaves the club on 09:07 - Jul 10 with 8478 viewsdaveB

He's been out of the picture for a few years now reducing his shareholding so no real shock.
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Tony Fernandes leaves the club on 09:08 - Jul 10 with 8449 viewsHayesender

For some reason I thought he left months ago 🤔

Poll: Shamima Beghum

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Tony Fernandes leaves the club on 09:15 - Jul 10 with 8354 viewsWokingR

Does this mean I'm actually going to have to get to grips with how to pronounce Ruben's surname ?
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Tony Fernandes leaves the club on 09:18 - Jul 10 with 8295 viewsRangersw12

Tony Fernandes leaves the club on 09:07 - Jul 10 by daveB

He's been out of the picture for a few years now reducing his shareholding so no real shock.


Out of the picture but still.meddled in signings and appointed Mclaren

Good riddance imo he's one step down from Chris Wright as one of the worst owners in our history
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Tony Fernandes leaves the club on 09:27 - Jul 10 with 8172 viewsBazzaInTheLoft

Les, Fernandes, and probably Hoos out.

Lots of us getting exactly what we wanted. Sunlit uplands ahead I’m sure.
[Post edited 10 Jul 2023 12:09]
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Tony Fernandes leaves the club on 09:29 - Jul 10 with 8149 viewsStevenageRanger

I am not really up on this side of things (ownership)

It show son Wiki that Tune group which is TF's own 46%. Is that still staying and he is just stepping down.

What does it really mean?!
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Tony Fernandes leaves the club on 09:35 - Jul 10 with 8058 viewsBluce_Ree

The oddest thing about the Tony Fernandes era was seeing dirty scutters on Twitter tweeting him with sob stories asking for money.

ALL THINGS ARE POSSIBLE THROUGH MARTI THE REDEEMER WHO STRENGTHENS ME.

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Tony Fernandes leaves the club on 09:42 - Jul 10 with 7933 viewsLblock

Now what?

Errrrrrrrrrrrrrmmmmmm.

"Barbara......... fetch me that champagne I've been saving"

A man who threw away the best chance this club has ever had to be safe, solid and competing at the highest level with finance you could only dream of.
Not content with doing it once... he did it twice.

Cheerio Bungle.

Cherish and enjoy life.... this ain't no dress rehearsal

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Tony Fernandes leaves the club on 09:50 - Jul 10 with 7819 viewsTK1

Tony Fernandes leaves the club on 09:27 - Jul 10 by BazzaInTheLoft

Les, Fernandes, and probably Hoos out.

Lots of us getting exactly what we wanted. Sunlit uplands ahead I’m sure.
[Post edited 10 Jul 2023 12:09]


Three different people who can all be judged separately rather than one blanket "careful what you wish for".

LF: yes, agreed, an easy scapegoat who did a huge amount of difficult club-saving work. Let's judge wisdom of his leaving when his replacement has been in place for a few seasons.

Hoos: huge improvement on predecessors such as Beard, Russell. Do other similar-sized clubs have better CEOs though? Yes, also true. Let's see who we get next if he does go.

TF: a ruinous chairman who leaves the place immeasurably worse off than when he found it, which is the only way to judge him. Pretty much the only good decisions he made were those to create buffers between himself and decision-making. He fluffed every call.

(For what its worth, a Spurs fan I know is pretty convinced Ramsey is already back there in his old role, so that would be another big change coming)
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Tony Fernandes leaves the club on 09:51 - Jul 10 with 7790 viewsdmm

So who's bought Fernandes' shares?
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Tony Fernandes leaves the club on 09:56 - Jul 10 with 7730 viewsHastings_Hoops

When there’s a reasonable split in shareholding decisions made are arguably more ‘vanilla’. With Tony out of the frame and I assume Ruben 90%+ majority owner we need to hope his decisions are prudent and for the long term benefit of the club… Ruben now benefits from a sizeable increase in his share of GDV on Loftus Road which could be good or could be bad.
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Tony Fernandes leaves the club on 09:56 - Jul 10 with 7720 viewsdavman

Tony Fernandes leaves the club on 09:42 - Jul 10 by Lblock

Now what?

Errrrrrrrrrrrrrmmmmmm.

"Barbara......... fetch me that champagne I've been saving"

A man who threw away the best chance this club has ever had to be safe, solid and competing at the highest level with finance you could only dream of.
Not content with doing it once... he did it twice.

Cheerio Bungle.


This all day.

Seems like someone who cares, but failed to surround himself with people who knew the business in the early days. Sadly he invested in the futures of Joey Barton, SWP, Boswinga, Redknapp, Hughes and his agent mates, Julio Cesar, Diakite, Anton Ferdinand, Jay Bothroyd, DJ Campbell, Andy Johnson, Granero, Remy, MBia, etc., etc. rather than investing in QPR.

The saving grace is that he did not do a Caterham on us and stayed around pumping money in. Unfortunately yet again QPR missed the boat in his watch - buying our way up the league (which, let's face it is what Briatore did) is no longer an option, so we need to get there on footballing merit. This time, I genuinely cannot see a path back to the top flight in my lifetime. Tony and his team had that last chance and a f-in good one too it should have been and they blew it.

Can we go out yet?
Poll: What would you take for Willock if a bid comes this month?

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Tony Fernandes leaves the club on 09:59 - Jul 10 with 7684 viewsbosh67

I wonder if the club is positioning itself to be sold on?

Never knowingly right.
Poll: How long before new signings become quivering wrecks of the players they were?

3
Tony Fernandes leaves the club on 10:05 - Jul 10 with 7613 viewsGroveR

Tony Fernandes leaves the club on 09:59 - Jul 10 by bosh67

I wonder if the club is positioning itself to be sold on?


I love Rangers with the blindness sometimes more like parenthood but financially that's an awful lot of lipstick to get on a pig.
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Tony Fernandes leaves the club on 10:06 - Jul 10 with 7587 viewsdaveB

So many sliding doors moments in those early days where the mad spending could have worked. Other clubs made similar mad spending sprees but stayed up and were able to rebuild. He was stupid and a bit unlucky as well.

Main positive has been he hasn't pulled plug on us which I feared he would after the 2nd relegation
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Tony Fernandes leaves the club on 10:08 - Jul 10 with 7575 viewsBostonR

It’s all on Ruben unless another serious investor is waiting. He is now essentially fully-funding the £1.5M loss per month from his own pocket and I guess he’s been doing that for sometime.
On the upside he has not waivered from that commitment and we can only hope he is sticking around. On the downside, if he feels he’s done enough and walks away without selling (which I think is very unlikely) we are shafted.
He must have other interested parties. Despite our current woes we remain an attractive proposition being based in London.
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Tony Fernandes leaves the club on 10:13 - Jul 10 with 7477 views08olesen

Smart move by TF. His share value would take a serious hit in L1 next year.

We really need to get a grip of the ship. I have never not wanted a season to start but this is how I feel about this one.

Hopefully the shares have gone to Mittal, we need to stop mucking around.
[Post edited 10 Jul 2023 10:13]

Poll: Who will the other play off

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Tony Fernandes leaves the club on 10:18 - Jul 10 with 7388 viewscheesy

Tony Fernandes leaves the club on 09:04 - Jul 10 by Northernr

Snap reaction is that this has been coming for some time. Every time they convert the debt to equity Ruben has been paying it, steadily increasing his shareholding and decreasing Tony's. Also heard the American investor, Reilly, has been quite influential behind the scenes this summer so maybe he's having more of a role.


Is Reilly based in the UK or in the states?
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Tony Fernandes leaves the club on 10:23 - Jul 10 with 7320 viewsdaveB

Tony Fernandes leaves the club on 10:13 - Jul 10 by 08olesen

Smart move by TF. His share value would take a serious hit in L1 next year.

We really need to get a grip of the ship. I have never not wanted a season to start but this is how I feel about this one.

Hopefully the shares have gone to Mittal, we need to stop mucking around.
[Post edited 10 Jul 2023 10:13]


Mittal hasn't been involved in QPR for years, he's a minority shareholder now
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Tony Fernandes leaves the club on 10:26 - Jul 10 with 7274 viewsNorthernr

Tony Fernandes leaves the club on 10:18 - Jul 10 by cheesy

Is Reilly based in the UK or in the states?


US I think, but was at the training ground opening last week.
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Tony Fernandes leaves the club on 10:28 - Jul 10 with 7258 viewsloftboy

His intentions were good, his execution and business plan was shocking.
Too much trying to appease the vocal minority on Twitter.

favourite cheese mature Cheddar. FFS there is no such thing as the EPL
Poll: Are you watching the World Cup

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Tony Fernandes leaves the club on 10:31 - Jul 10 with 7189 viewssparkey

Could have ditched us years ago leaving us in the doodoo.

He messed up but stayed around and paid the consequences... decent man who was just naive.
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Tony Fernandes leaves the club on 10:38 - Jul 10 with 7097 viewsdannyblue

'Bought' lol!

Who let Tony off the hook and took over his share of the commitment to running costs, FFP fine etc.?
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Tony Fernandes leaves the club on 10:55 - Jul 10 with 6897 viewsWegerles_Stairs

Tony Fernandes leaves the club on 09:27 - Jul 10 by BazzaInTheLoft

Les, Fernandes, and probably Hoos out.

Lots of us getting exactly what we wanted. Sunlit uplands ahead I’m sure.
[Post edited 10 Jul 2023 12:09]


Yes, because it's been all milk and honey up to now, hasn't it?
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