QPR investment bond

Discussion in 'Bulletin Board' started by wakeyred, Oct 14, 2021 at 1:45 PM.

  1. wak

    wakeyred Well-Known Member

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    Fans (well anyone really) are being invited to invest minimum of £500 for fixed 5 year term with interest rate of 5% cash plus 3% off tickets and merchandise AND a 25% cash bonus if they get promoted to the premier league in that time. Qualifies as an ISA so tax free. All to fund a new training ground. Seems like you would be protected under the FSCS scheme for losses of up to £85k.

    Most fixed term bank bond schemes are under 2%, I might invest myself!!

    Wonder why we couldn't do something similar for the West Stand?

    Maybe a question to our owners/CEO at that meeting coming up?
     
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  2. Mrs

    MrsHallsToffeerolls Well-Known Member

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    Did we not have a bond under Ridsdale of some kind?
     
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  3. RedVesp

    RedVesp Well-Known Member

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    Probably some kind of Ponzi scheme...
     
  4. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    £25 back a year, promotion in year five, so £750 back in 2026?
     
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  5. blivy

    blivy Well-Known Member

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    Are you sure it would be protected under FSCS? Wouldn’t expect the yield to be as high if so.
     
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  6. Mid

    Mido Well-Known Member

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    Price of Football talked about it recently and said you'd be an unsecured creditor so it's not risk free.
     
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  7. twi

    twillo Well-Known Member

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    Wouldn’t invest a penny. We have a consortium apparently worth £6 billion.
     
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  8. Don

    Donks Well-Known Member

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    Not a chance. This is just another junk bond.
     
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  9. Ext

    Extremely Northern Well-Known Member

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    SM, paging SM. Financial report please.
     
  10. Arc

    Archerfield Well-Known Member

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    The FSCS protection is not against default by the issuer. Put in straightforward terms you are taking a credit risk against QPR as an unsecured creditor.

    The FSCS reference is quite confusing for a lay person as it implies protection, this is not against default by the issuer but misrepresentation by the arranging firm, in this case Tifosy.
     
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  11. man

    mansfield_red Well-Known Member

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    You have to ask yourself why aren't they getting a proper loan, which would be at a better rate of interest for them? The answer is almost certainly because the lender would want security.

    I'm not saying that they're going into this with the intention of shafting the fans, but the possibility is definitely a factor in their decision.
     
  12. Tyk

    Tyketical Masterstroke Well-Known Member

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    Zero and the neighbours by 100 a better investment.
     

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