Vital Football

Latest QPR News

QPR in Takeover Talks

QPR in Takeover Talks

MAJORITY shareholders Bernie Ecclestone and Flavio Briatore look set to sell their stake in the club after it was announced the pair are in preliminary takeover discussions with an unnamed buyer.

The details of the takeover remain vague but qpr.co.uk stated yesterday, '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.'

'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 it is no longer in an offer period for the purposes of the Code.'

'We will be making no further comment at this stage.'

Prior to this statement, Ecclestone hinted in March he might be interested in selling his 69 per cent stake for £100million. The club entered into talks with an unnamed group, but those talks broke down.

Hopefully the latest discussions have a positive conclusion and the club can move forward on and off the field.

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football



Click here to join in the debate on the club forum.

Writer:JackSupple
Date:Friday July 29 2011
Time: 10:00AM

Best of Vital Network

Login to post a comment

Recent Queens Park Rangers Articles

No More Quarter Final Replays For QPR

Should Queens Park Rangers progress through to an FA Cup quarter final from the 2016/17 season onwards, the game will no longer be subject to a replay.

QPR's Parachute Payments In 2015/16

With the 2015-16 season behind us, the final television allocation money based on final league positions have been confirmed - and here's what Queens Park Rangers...

QPR - FL Dates 2016/17 (23/5/16)

The Football League have released the key dates for the coming 2016/17 season.

Who Will QPR Face In 2016/17 (22/5/16)

With no matches remaining in the regular 2015/16 campaign, some promotions and relegations in the football pyramid are already known.

Archived Vital QPR Articles

Vital QPR articles from
As featured on NewsNow: Real Madrid news
Real Madrid News 24/7  

Site Journalists

Boxer
Editor email
Profile
sandydl
no email
Profile
Superhoop50
no email
Profile
danielqpr
no email
Profile
JackSupple
no email
Profile

Current Poll (see more polls)

MotM v Bristol City
Suggested By:
Ingram13%
Onuoha1%
Hall0%
Hill12%
Kpekawa1%
Gladwin0%
Henry15%
Faurlin53%
El-Khayati0%
Chery1%
Washington3%
Hoilett0%
Petrasso0%
Polter1%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Burnley 46 26 15 5 93 37
P Middlesbrough 46 26 11 9 89 32
3 Brighton 46 24 17 5 89 30
4 Hull City 46 24 11 11 83 34
5 Derby County 46 21 15 10 78 23
6 Sheff Wed 46 19 17 10 74 21
7 Ipswich 46 18 15 13 69 2
8 Cardiff 46 17 17 12 68 5
9 Brentford 46 19 8 19 65 5
10 Birmingham 46 16 15 15 63 4
11 Preston 46 15 17 14 62 0
12 Q.P.R. 46 14 18 14 60 0
13 Leeds Utd 46 14 17 15 59 -8
14 Wolves 46 14 16 16 58 -5
15 Blackburn 46 13 16 17 55 0
16 Forest 46 13 16 17 55 -4
17 Reading 46 13 13 20 52 -7
18 Bristol City 46 13 13 20 52 -17
19 Huddersfield 46 13 12 21 51 -11
20 Fulham 46 12 15 19 51 -13
21 Rotherham 46 13 10 23 49 -18
R Charlton 46 9 13 24 40 -40
R MK Dons 46 9 12 25 39 -30
R Bolton 46 5 15 26 30 -40
Latest F1 News
Latest Vital Boxing News

Recent Queens Park Rangers Results (view all)

Queens Park Rangers Fixtures (view all)

Vital Members League Table

RankNamePoints
1.QPR4Me16
2.Superhoop506
3.dustman4
4.DMD_QPR4
5.rodneeranger3
6.jezza993
7.jdqpr18823
8.silvertrowel2
9.Clarets R Mad2
10.cartouche2