Originally posted by Bender
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Queens Park Rangers
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QPR have appointed Chris Ramsey as head coach on a three-year contract.
Ramsey, 53, was given the job until the end of the season in February after Harry Redknapp resigned but failed to prevent Premier League relegation.
"When Chris took over the role we were already in a very difficult position," said club chairman Tony Fernandes.
"Despite our relegation, we - as a board - have been impressed with the professionalism and attention to detail he has demonstrated."
QPR have won three of Ramsey's 14 games in charge and go into their final game of the season at Leicester bottom of the top flight on goal difference.
Impressive
poor choice imo
BBC
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indeed imo Ramsey and Ferdinand need booting out of the club along with several players,a real mess at that club.Originally posted by Alex View PostHes got a year or so in the Championship to rebuild the whole squad. Loads of there deadwood is out of contract this summer.
I dont think anyone in sport has been given worse advise than Tony Fernandes. He seems to believe anyone that will talk to him.
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Queens Park Rangers set to be fined £8m for breaking Football League financial fair play regulations, by @DaveHytner http://www.theguardian.com/football/...P=share_btn_tw …
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I've never really understood the concept of an owner loaning money to one of his own assets.
Surely if he owns it, it's his money, if he puts more of his own money into that asset, it's not a loan it's just shifting money around?
Maybe I'm just looking at things a bit too simplistically?
JURGEN KLOPP - LIVERPOOL MANAGER
YNWA
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Tony Fernandes will own a holding company and QPR will be a subsidiary. Same with Air Aisa and Caterham.Originally posted by Gingawaria View PostI've never really understood the concept of an owner loaning money to one of his own assets.
Surely if he owns it, it's his money, if he puts more of his own money into that asset, it's not a loan it's just shifting money around?
Maybe I'm just looking at things a bit too simplistically?
It lets him loan these businesses money without risking the others. It gets way above my head with Taxes at this point. But my understanding is that its done to reduce risk.
Also, Owners can only put so much into a club before it becomes an issue of FFP now. So I guess interest free loans are a work around there too.*Except Michael, who died.
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