The bond issued by Queens Park Rangers reached a maximum allocation limit of £6,800,000 in just 10 days, making it the leading online bond in British football. More than 1,500 fans and investors from 38 countries around the world have signed a QPR bond, issued to finance the London club’s new training ground.
Proceeds from the bond will be invested in the development of the new QPR Sports Center, which is expected to be fully open for the 2023/24 season. Facilities will include three first team fields and four youth fields. The training ground building will house locker rooms, gymnasium, dining and recreation areas, medical and rehabilitation facilities, performance analysis rooms and a classroom.
The bonds therefore guaranteed the liquidity needed to meet critical infrastructure investments. Is this an operation that can be repeated in Italy? Unfortunately, the answer is no.
QPR lays claim to one of European football’s most valuable assets: the Loftus Road stadium, as it has been known since 2019 Kian Prince Foundation Stadium. The value of the plant is based on its location within the Shepherd’s Bush neighborhood in the Hammersmith and Fulham district.
In other words, Loftus Road is one of the stadiums in London that is located closest to the center and heart of the UK capital. Not surprisingly, one of the very few stadiums that enjoys more favorable conditions is Stamford Bridge, home to two-time European champions Chelsea in the past 10 years, one of the richest and most successful clubs in English and European football. is one of.
All this explains why a championship team, the English Serie B, can complete such an operation in such a short amount of time. No Italian club can enjoy such an advantage, making the potential profitability very low, especially in the Cadet League.
Commenting on the findings, Club President Amit Bhatia said: “The QPR bond was a resounding success in such a short period of time. We were confident it would be an attractive investment for some, but we were overwhelmed by the speed at which the questions came.”.
“The Board of Directors is thrilled to welcome so many bondholders. This is a great endorsement of our vision and strategy and we look forward to this next chapter of QPR.”.
James Pollock, chief marketing officer at Tifosy Capital & Advisors, a firm that serves as an advisor to QPR Bond, commented: “We have achieved an impressive result in just 10 days. This is a testament to QPR’s support, and the credit goes to the club’s board and leadership. It was a real pleasure to work with them”.
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