Queens Park Rangers chairman Tony Fernandes will use loan to finance new stadium

[MYU]

Tony Fernandes, the Queens Park Rangers chairman, is adamant that a £15 million bank loan will go towards a new stadium rather than covering the cost of player wages amid the near certainty of relegation.

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[MYU]

QPR Secures Bank Loan, Will Look To Restructure Player Contracts To Reduce Debt

QPR Secures Bank Loan, Will Look To Restructure Player Contracts To Reduce Debt

EPL club Queens Park Rangers secured a $22.87M (all figures U.S.) "loan from Barclays Bank in Hong Kong last month, charged against all the club's assets," including its stadium, while "significantly borrowing for the first time during Tony Fernandes's regime as majority owner," according ...

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