The sports team is Caterham. This has been bubbling up for four years, and all over the Far Eastern financial press since 2018. There are a bunch of accusations regarding bribery connected to flying routes in India, and now more around receipt of bribes from Airbus with the frankly amazing promise of Air Asia to buy 406 aircraft, which is being investigated in France and the UK. Given the incestuous business relationships between all of our shareholders, this could get very messy indeed. But, if any wrongdoing has been perpetrated, I hope that all involved are caught and punished, regardless of the implications for QPR. Club sold for the value of the ground with debt written off to pay fines possible outcome.
Have to say nothing would surprise me about TF any more, during that period money was flowing like confetti...
I would say FFP be blasted and spend, spend and spend but eventually we'd get docked points and they'd find.other ways to punish us.
Is there any majorly rich person who has not done some marginally dodgy stuff at some point in their history?
Sadly, if these allegations are true it’s a bit more than ‘marginally dodgy’. It’s money laundering on an industrial scale. But these things take years, or even decades, to sort out. It’s a brilliant time to be a big league corporate fraudster, the prosecutors aren’t clever enough to keep up, the judges hate the cases and there is a strong feeling that the cases, when they do go to court, are too long and complicated for juries of ordinary people to cope with.
