Queens Park Rangers News 24/7
Writer: Boxer 
Date:Monday February 2 2009
Time: 6:45PM
UK time is: 08:06:12
Choose your club
Other Sites
Network Navigation
Vital Partners
'If It's Football, It's Vital'
Mittal's Stake Plummets
Queens Park Rangers Co-Owner Lakshmi Mittal has seen a vast decline in his value in recent times in direct correlation to declines in steel.
With all the excitement of the transfer window passing the R`s by they are left to contemplate their own misfortune as their wealthiest owner has fallen on hard times.
Lakshmi Mittal`s stake in his company Arcelor Mittal, according to contactjournal.com was worth a reported £45bn in June 2008 but since then the economic downturn has prompted his value to decline rapidly to the modern day value of £10bn.
This means his stake has plummeted a massive £35bn as even Britain`s wealthiest man is beginning to feel the pinch.
Mittal currently has co-ownership of Queens Park Rangers will fellow owners Bernie Ecclestone and Flavio Briatore. His presence at QPR is overseen by son-in-law Amit Bhatia who has built up a strong rapport with Rangers supporters in recent times.
We want to know YOUR thoughts!
To have your say you can comment in the space provided below, or chat about it on the forum.
TOP STORIES
The January Transfer List.
Sousa Nominated For Manager Of The Month.
Vine`s Back!.
Vital F1 Prediction League - Join now for Spain
Your Comments
Seems to hitting a lot of clubs .. Newcastle & Pompey and now you..
Chix
Oh make no mistake about it, we're OK - we haven't even touched Mittal's funds yet - Flavio won't let us.
Boxer
Oh dear. These billionaire boys are having it so rough at the moment. Imagine being downt ot your las (SHOCK! HORROR!) £10 billion. Oh the shame!
fifthcolumnblue
Will someone get him some soup and a temporary shelter please?
Boxer
perhaps we could have a whip round for him, he might have to cut back on the caviar?
Buzz Lightyear
Have Your Say
Recent Articles
Liverpool v QPR - Match Preview (Sunday May 19 2013)
One to Watch - Daniel Sturridge (Friday May 17 2013)
Stats: QPR v Newcastle (Sunday May 12 2013)
Rangers Flat as Toon Crow (Sunday May 12 2013)
QPR v Newcastle - Match Preview (Saturday May 11 2013)
One to Watch - Fabricio Coloccini (Friday May 10 2013)
383 Premier League players sign up to Support Stan (Friday May 10 2013)
Palace Coming Back For AJ? (Thursday May 9 2013)
Nelsen Takes Ben-Haim (Thursday May 9 2013)
Where Next For QPR (Wednesday May 8 2013)
Archived Articles
Vital Members League (view all)
| 1. | QPR4Me | 65 |
| 2. | Clonmany_Hoop | 48 |
| 3. | Ashdown_Ranger | 43 |
| 4. | number8buser | 41 |
| 5. | Superhoop50 | 38 |
| 6. | jezza99 | 33 |
| 7. | sandydl | 26 |
| 8. | daxvondrac | 25 |
| 9. | paulrangers | 22 |
| 10. | ImSitiv | 19 |
League Results (view all)
| Latest Results | ||||
| Q.P.R. | 1 | - | 2 | Newcastle |
| Q.P.R. | 0 | - | 1 | Arsenal |
| Reading | 0 | - | 0 | Q.P.R. |
| Q.P.R. | 0 | - | 2 | Stoke |
| Everton | 2 | - | 0 | Q.P.R. |
| Q.P.R. | 1 | - | 1 | Wigan |
League Table (view table)
| Team | P | W | D | L | GD | Pts |
| 14. Southampton | 37 | 9 | 13 | 15 | -11 | 40 |
| 15. Fulham | 37 | 10 | 10 | 17 | -13 | 40 |
| 16. Aston Villa | 37 | 10 | 10 | 17 | -22 | 40 |
| 17. Sunderland | 37 | 9 | 12 | 16 | -12 | 39 |
| 18. Wigan | 37 | 9 | 8 | 20 | -26 | 35 |
| 19. Reading | 37 | 6 | 10 | 21 | -28 | 28 |
| 20. Q.P.R. | 37 | 4 | 13 | 20 | -29 | 25 |
Breaking League News
| Liverpool v QPR - Match Preview
» Q.P.R. : 19/05/2013 02:09:00
|
| Shaun Maloney Man Of The Match v Arsenal
» Wigan : 19/05/2013 01:34:00
|
| Wigan Athletic - The 12th Man - 19/05/13
» Wigan : 19/05/2013 01:25:00
|
| Jay Relishing Stoke Challenge
» Southampton : 18/05/2013 17:00:00
|
| Barmpot Decision - I'm Not Frustrated - Honest
» Wigan : 18/05/2013 16:49:00
|
| Issues Resolved - Time To March On
» Southampton : 18/05/2013 15:22:00
|
| Shaun Maloney - Vital Latics POTS - The Video
» Wigan : 18/05/2013 14:46:00
|
Current Site Poll (view all polls)
|
|
4 © - All content copyright Vital Network Ltd, not to be reproduced without explicit permission Copyright Issues
Cookie Policy
At Vital Football, we along with most other modern websites use small files called 'cookies' to create the most secure, effective and functional website possible for our users. Without these files our business model, based on advertising, breaks down and we would be unable to continue to provide the services that you are here to utilise. By continuing to use this website after seeing this message, you consent to our use of cookies on this device unless you have disabled them. For full details please read our Cookie Policy which can be found here. However, if you would like to disable cookies on this device, please view our Cookie Policy which contains an opt-out tool for disabling advertising cookies. Please also visit our information pages on 'How to manage cookies' if you would also like to block all other types of cookies. Please be aware that parts of this site will not function correctly if you disable cookies.