Vital Football

Latest QPR News

Mittal's Stake Plummets

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!.




Share article via email
Writer:Boxer
Date:Monday February 2 2009
Time: 6:45PM

Best of Euro Vital

Best of Vital Network

Vital Boxing - Khan Ready for Alvarez

Comments

0
Seems to hitting a lot of clubs .. Newcastle & Pompey and now you..
Chix
02/02/2009 20:11:00
0
Oh make no mistake about it, we're OK - we haven't even touched Mittal's funds yet - Flavio won't let us.
Boxer
03/02/2009 06:45:00
0
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
03/02/2009 19:06:00
0
Will someone get him some soup and a temporary shelter please?
Boxer
03/02/2009 19:33:00
0
perhaps we could have a whip round for him, he might have to cut back on the caviar?
Buzz Lightyear
04/02/2009 10:23:00
Page 1/1
  1. 1

Login to post a comment

Recent Queens Park Rangers Articles

The Men in Black - QPR v Bristol City

JEREMY Simpson from Lancashire will be the man in the middle for the second time this season as QPR host Bristol City

Who R Ya - Bristol City

VITAL QPR takes a look at this weekend's opponents, Bristol City.

QPR v Bristol City - Match Preview

QPR captain Nedum Onuoha has played in every minute of this Championship campaign for the R`s (4050 minutes).

Jonathan Kodjia has scored 19 league goals for Bristol City this season; the last Robins` player to hit 20 in a season was Sam Baldock in 2013/14 (24).

QPR have lost more points after scoring the first goal in games than any other Championship team this season (27).

Aden Flint has scored more goals than any other Championship defender this season (6). In fact, sinc

Who Will QPR Face In 2016/17 (3/5/16)

With less than a handful of games remaining in the 2015/16 campaign, some promotions and relegations in the football pyramid are already known.

Vital QPR Social Media

Archived Vital QPR Articles

Vital QPR articles from

Have Your Say

Suggest an article
Suggest a poll
As featured on NewsNow: Real Madrid news
Real Madrid News 24/7  

Site Journalists

Boxer
Editor email
Profile
sandydl
no email
Profile
Superhoop50
no email
Profile
danielqpr
no email
Profile
JackSupple
no email
Profile

Current Poll (see more polls)

MotM v Burnley
Suggested By:
Ingram1%
Onuoha0%
Hall0%
Hill0%
Kpekawa9%
Petrasso63%
Faurlin9%
Henry18%
Hoilett0%
Phillips0%
Polter0%
Washington0%
El-Khyati0%
Gladwin0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Burnley 45 25 15 5 90 34
2 Middlesbrough 45 26 10 9 88 32
3 Brighton 45 24 16 5 88 30
4 Hull City 45 23 11 11 80 30
5 Derby County 45 21 15 9 78 24
6 Sheff Wed 45 19 17 9 74 22
7 Cardiff 45 17 16 12 67 5
8 Ipswich 45 17 15 13 66 1
9 Birmingham 45 16 14 15 62 4
10 Brentford 45 18 8 19 62 1
11 Preston 45 15 16 14 61 0
12 Leeds Utd 45 14 16 15 58 -8
13 Q.P.R. 45 13 18 14 57 -1
14 Wolves 45 13 16 16 55 -6
15 Blackburn 45 12 16 17 52 -2
16 Reading 45 13 13 19 52 -5
17 Forest 45 12 16 17 52 -5
18 Bristol City 45 13 13 19 52 -16
19 Huddersfield 45 13 12 20 51 -7
20 Rotherham 45 13 10 22 49 -14
21 Fulham 45 11 15 19 48 -14
R Charlton 45 9 13 23 40 -37
R MK Dons 45 9 12 24 39 -29
R Bolton 45 5 15 25 30 -39
Latest F1 News
Latest Vital Boxing News

Recent Queens Park Rangers Results (view all)

Queens Park Rangers Fixtures (view all)

May 7 2016 12:30PM : Bristol City (H)
Sky Bet Championship

Breaking League News

Vital Members League Table

RankNamePoints
1.QPR4Me6
2.Superhoop503
3.Clarets R Mad2
4.silvertrowel1
5.rodneeranger1
6.NZ ranger1
7.jezza991
8.jdqpr18821
9.harrow-ranger1
10.dustman1