CLUB STATEMENT
Posted on: Thu 28 Jul 2011
On 4th March 2011 the Company (QPR Holdings Limited) announced that it was in preliminary discussions with a potential purchaser.
At the time the Takeover Panel confirmed that should those discussions result in an offer being made for the Company, the offer would be subject to the City Code on Takeovers and Mergers (the Code), even if such an offer was made after 2nd April 2011, being the date on which the Company ceased to be to the Code, due to it being de-listed 10 years previously.
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The Company confirms that these discussions came to an end in March 2011.
Since the end of these discussions, the Company has entered into preliminary discussions with a different party and can confirm that these discussions and any subsequent transaction would not be subject to the Code.
Accordingly the Company confirms that is it no longer in an offer period for the purposes of the Code.
We will be making no further comment at stage.
CLUB STATEMENT
posted on 28/7/11
posted on 1/8/11
Further to the above comments ......... http://www.dailymail.co.uk/sport/football/article-2020918/QPR-boss-Warnock-set-inherit-transfer-war-chest-Loftus-Road-takeover-imminent.html
posted on 1/8/11
Air Tycoon Tony Fernandes is preparing to hand Queens Park Rangers manager Neil Warnock a transfer fund of £10million as he looks to finalise his takeover plans.
Sportsmail exclusively revealed how the Malaysian-businessman held talks with QPR co-owner Bernie Ecclestone and his business partner Flavio Briatore over purchasing a majority stake in the Barclays Premier League new-boys.
And Fernandes’ interest in the Loftus Road club was evident when the millionaire businessman joined Briatore on a whistlestop visit to Bergamo, Italy, to watch the West London club win the three-team Bortolotti Trofeo tournament, which also included Atalanta and Braga.
The 47-year-old, who is also team-principle for Formula One outfit Team Lotus, flew to Italy from Budapest after Saturday’s qualifying session for the Hungary Grand Prix, before returning on Sunday morning for the race itself.
And Sportsmail has learned discussions over Fernandes’ proposed buy-out are at a ‘highly advanced’ stage and he is hopeful of being on board by the start of the new season.
Fernandes and Warnock met briefly after the tournament as the QPR boss looked to strike a relationship he hopes will bring the job stability he craves after months of speculation over his role.
And West Ham supporter Fernandes is ready to back Warnock in a show of support for the experienced manager.
Warnock told Sportsmail: ‘Myself, Flavio [Briatore] and Tony all had a positive chat after the match on Saturday.
‘We’ve already spoken about possible targets and he is a very positive chap.’
Warnock has been restricted to free transfers this summer, with Jay Bothroyd, Daniel Gabbidon and Kieron Dyer all arriving for nothing.
The Loftus Road chief will continue that trend this week by completing free transfer moves for former Ipswich goalkeeper Brian Murphy and ex-Portsmouth striker Danny Webber.
But Fernandes’ investment will give Warnock the chance to spend some money for the first time this summer.
Having missed out on Kyle Naughton to Norwich, a new right-back remain one of Warnock’s top priorities with Manchester City defender Nedum Onuoha high on his hitlist.
Tottenham midfielder Jermaine Jenas is liked by Warnock, as is Jimmy Bullard - whose future at Hull is shrouded in doubt after he was suspended by the Tigers last week.
Warnock hopes to complete his first cash deal today when he holds talks with striker DJ Campbell after QPR met Blackpool’s £1.25million release clause for the striker.
Read more: http://www.dailymail.co.uk/sport/football/article-2020918/QPR-boss-Warnock-set-inherit-transfer-war-chest-Loftus-Road-takeover-imminent.html#ixzz1TlbwCjpp
Read more: http://www.dailymail.co.uk/sport/football/article-2020918/QPR-boss-Warnock-set-inherit-transfer-war-chest-Loftus-Road-takeover-imminent.html#ixzz1TlbpUk88
posted on 11/8/11
Further details as listed ......
http://www.dailymail.co.uk/sport/football/article-2024794/Tony-Fernandes-close-wrapping-QPR-deal.html
QPR takeover close as Air Asia tycoon Fernandes jets into London to wrap up deal
By SAMI MOKBEL
Last updated at 9:56 AM on 11th August 2011
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Malaysian entrepreneur Tony Fernandes will arrive in the capital on Thursday to tie up a deal for Queens Park Rangers.
Sportsmail exclusively revealed last month how the Air Asia tycoon had held talks with the club’s key shareholder Bernie Ecclestone and his business partner Flavio Briatore over acquiring a majority stake in the club.
Formula One supremo Ecclestone holds a 62 per cent majority shareholding in the club but recently said he would be willing to sell his stake for £100million.
Read more: http://www.dailymail.co.uk/sport/football/article-2024794/Tony-Fernandes-close-wrapping-QPR-deal.html#ixzz1UiFBVXsL