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

QPR - Football League Dates 2016/17

The Football League, or the brainless EFL rebrand, have today released the key dates for the coming 2016/17 season.

Who Will QPR Face In 2016/17 (26/4/16)

With less than a handful of games remaining in the 2015/16 campaign, some promotions and relegations in the football pyramid are already known.

Stats: QPR v Reading

All the stats from QPR (1) vs (1) Reading, Loftus Road, 23.04.16 - 15.00 Att: 16225

Hall Heads QPR To Point

QUEENS Park Rangers and Reading played out a 1-1 draw in another end of season damp squib at Loftus Road.

While it was fairly even as a contest, Reading`s profligacy in front of goal preserved

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 Reading
Suggested By:
Ingram30%
Perch0%
Onuoha5%
Hall5%
Kpekawa0%
Phillips0%
Faurlin25%
Luongo10%
Gladwin0%
Chery20%
Polter0%
Petrasso5%
El-Khayati0%
Washington0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Middlesbrough 45 26 10 9 88 32
2 Burnley 44 24 15 5 87 33
3 Brighton 44 24 15 5 87 30
4 Hull City 44 23 11 10 80 31
5 Derby County 44 21 14 9 77 24
6 Sheff Wed 44 18 17 9 71 19
7 Cardiff 44 17 16 11 67 8
8 Ipswich 44 16 15 13 63 0
9 Birmingham 45 16 14 15 62 4
10 Brentford 44 17 8 19 59 -2
11 Preston 44 14 16 14 58 -1
12 Leeds Utd 44 14 16 14 58 -7
13 Q.P.R. 44 13 18 13 57 0
14 Wolves 44 13 15 16 54 -6
15 Reading 44 13 13 18 52 -4
16 Huddersfield 44 13 12 19 51 -3
17 Forest 44 12 15 17 51 -5
18 Blackburn 44 11 16 17 49 -3
19 Rotherham 44 13 10 21 49 -13
20 Bristol City 44 12 13 19 49 -20
21 Fulham 44 11 15 18 48 -11
R MK Dons 44 9 12 23 39 -28
R Charlton 44 8 13 23 37 -38
R Bolton 44 4 15 25 27 -40
Latest F1 News
Latest Vital Boxing News

Recent Queens Park Rangers Results (view all)

Queens Park Rangers Fixtures (view all)

May 2 2016 4:45PM : Burnley (a)
Sky Bet Championship
May 7 2016 12:30PM : Bristol City (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.Superhoop5028
2.QPR4Me26
3.sandydl8
4.Clarets R Mad6
5.jezza996
6.qprharrod5
7.NZ ranger4
8.jdqpr18824
9.harrow-ranger4
10.dustman4