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Saturday, June 16, 2007

QPR's AGM Came and Went

QPR held its Annual General Meeting (AGM) yesterday, June 15 with QPR having made an almost 3 1/2 million pound loss; press reports (and club email) about a winding order for unpaid taxes; and on the eve of the AGM meetings, reports and quotes by Chairman Paladini about him and the other investors being prepared to sell up.

There were various posts on the QPR messageboards offering "snippets" about went on at the meeting. There is now a comprehensive AGM report by QPR Rivals' Clive Whittingham. It can be read at: - QPR Annual General Meeting 2007

According to the report, at the AGM QPR Director Kevin Steele reported that the projected loss for the 2006-07 season was was £2.6m.

[See past statements by Chairman Paladini about predicted losses - Statements

And just as a point of interest: The report on the 2006 AGM by QPR1st's Trace Stent can be read here - 2006 AGM REPORT

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