Phoenix Academy
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Renault chief to become QPR owner, report says

Fri 17 Aug, 12:10 AM


LONDON (Reuters) - Flavio Briatore, who runs the Renault Formula One team, is set to become the new owner of English second division club Queens Park Rangers.

"Mr Briatore wants to do for QPR what Mohamed Al Fayed has done for Fulham and turn us into a Premier League club," Rangers chairman Gianni Paladini told the Sun newspaper on Friday.

"It is a dream come true for all the fans and saves this club from liquidation."

Billionaire Briatore, 57, will wipe out QPR's debt of 17 million pounds and invest an extra 100 million pounds over three years, the Sun reported.

Rangers were last in the Premier League in 1996.

Phoenix Academy
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bUT APARENTLY HE STILL WANTS ARSENAL TOO
 
SO WHAT NOW
WeeNix
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No offence but all this cannot be doing the Rs current chances any good. Noone will feel very secure and in that environment it is easy to get off to a bad start and be unable to recover.
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Agreed, 0-2 to Carfiff City.
 
But hopefully rebirth will arrive early next week with Briatore 
LG
Legend
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I'm sure all this take-over business is affecting the team as well.  2-0 to Baaardiff won't make the fans mood any better. I have been told Tuesday uk time will see the clubs official announcement being made. Mind you, I was also told Cardiff were a good team. Your choice!

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