Evening standard - new chairman

[bbedford]

Air Asia owner Tony Fernandes will become the new Queens Park Rangers chairman but co-owners Bernie Ecclestone and Flavio Briatore will remain majority shareholders of the club.

Fernandes, who is also the team principal of Formula One's Team Lotus, has been in talks with the club over a possible takeover.

But it is understood that rather than take overall control, Fernandes's investment will only be enough to see him granted a minority share.

However, the Malaysian businessman will be installed as chairman.

It will mean Briatore and Ecclestone will still be calling the shots. Fernandes, who has been shown around Loftus Road and discussed plans for the forthcoming Premier League season with manager Neil Warnock, failed in a bid to buy West Ham in January 2010.

[QPR_NW10]

It will mean Briatore and Ecclestone will still be calling the shots. Fernandes, who has been shown around Loftus Road and discussed plans for the forthcoming Premier League season with manager Neil Warnock, failed in a bid to buy West Ham in January 2010.

...great...

[W12_Ranger]

Bye bye Paladini?

[Morris]

Not a takeover then, just an investment.


Not what the official statement said, so I will take it with a pinch of salt.

[MattyRangers]

No change at all then. Same as when Saksena was chairman, just a different face as a front for T&Cs orders.

[QPRbob]

Bye Bye Sir Neil IMHO

[Morris]

Bye Bye Sir Neil IMHO

Doubtful.

[wicksta]

F1 FC

[Ric-Roc]

This is not good news on the whole.

Tango & Cash still calling the shots, holding the purse strings & still owners, nothing changes then except a new face to hide behind as they did by putting Bhatia & Saksena in our faces.

[SammyKojoe]

Rumours are circulating we are after Vettel and Hamilton for 10 million

[QPRbob]

Doubtful.

Not saying he will walk, but with the orange khunt in the mix, don't look good for Warno.

[loftustoad]

I would have thought Fernandes would be too busy to become chairman. Then again, what does our current chairman actually do? apart from pull dodgey PR moves

[vblockranger]

I would have thought Fernandes would be too busy to become chairman. Then again, what does our current chairman actually do? apart from pull dodgey PR moves

unwraps lots of brown envelopes...

[Olly]

He might have to pay a few £m for the privilege of being chairman, which might go to Neil

[Morris]

He might have to pay a few £m for the privilege of being chairman, which might go to Neil

That was top drawer mate