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 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.


The January Transfer List.

Sousa Nominated For Manager Of The Month.

Vine`s Back!.

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


Seems to hitting a lot of clubs .. Newcastle & Pompey and now you..
02/02/2009 20:11:00
Oh make no mistake about it, we're OK - we haven't even touched Mittal's funds yet - Flavio won't let us.
03/02/2009 06:45:00
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!
03/02/2009 19:06:00
Will someone get him some soup and a temporary shelter please?
03/02/2009 19:33:00
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

Best of International Football News

Best of Vital Network

Vital Boxing - Frampton Fight Upgraded

Recent Queens Park Rangers Articles

Who Is The Premier League's Penalty Save King?

Another boring international break has hit this March, so if you've ever wondered who has saved the most penalties in Premier League history - wonder no more!

Midfielder's Back In The Mix

Queens Park Rangers have confirmed that midfielder Josh Scowen is now back in training and back in the mix for the side when the next fixture cycles round.

Fulham Reflection - On Another Day We'd Have Won That

Queens Park Rangers goalkeeper Alex Smithies has been reflecting on the draw with Fulham last weekend and he feels on another day we would've taken all three points from the tie.

Stats: Fulham v Queens Park Rangers

All the stats from Fulham (2) vs (2) Queens Park Rangers, Craven Cottage, 17/3/18 Att: 23,347

Queens Park Rangers Social Media

Queens Park Rangers Archived Articles

Vital QPR articles from

Have Your Say

Suggest an article
Suggest a poll
As featured on NewsNow:Queens Park Rangers newsQueens Park RangersNews 24/7

Site Journalists

Write for Vital QPR
Write For Vital QPR
Apply Here

Current Poll (see more polls)

Fulham MotM
Suggested By: Site Staff
Sub - Smyth0%
Sub - Washington0%
Sub - Cousins0%
ScoopDragon Publishing Entire League Network of Sites
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Queens Park Rangers Results (view all)

Queens Park Rangers Fixtures

Breaking League News

Write for Vital Football