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According to posters on a couple of posts on QPR fan boards - Indyrs and QPRdot.org they have received a mailing (presumably being QPR shareholders) seeking their approval for the ABC Loan is set to be paid off and the loan transferred to an Amulya Property Limited, which is supposedly connected to Flavio Briatore and Amit Bhatia. The Amulya loan will reportedly be at 8.5%. It is for two years, and Loftus Road is collateral.
As the posters note, they have till August 20 to approve. The ABC loan requires to be paid on or before 31st July 2008. Further details on the two messageboards.
-For ABC Loan background: See also: QPR Report July 15 "Flashback: July 2007 - ABC Loan Concerns and Alleged Transfer Embargo"
- Also: Past QPR Reports compilations re ABC Loan:
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