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Daily Mail - Two new parties join the talks to buy Rangers
Queens Park Rangers are in talks with three different consortiums about a possible takeover.
Sportsmail can reveal that two new parties are at the negotiating table with Rangers chiefs in addition to the consortium led by Renault F1 boss Flavio Briatore.
One is believed to be British-based and the other is made up of foreign interests but it is understood that the Briatore bid is still considered the most 'attractive' by the Rangers board.
Although it has been speculated that a deal with the flamboyant Italian businessman could be completed within days, negotiations are finely poised and no deal has been done.
Antonio Caliendo, the chairman of QPR Holdings Ltd, flew into London last night as talks with the various parties stepped up.
Privately, the QPR board have set a deadline for the end of the month for any takeover to be completed.
There is a diminishing enthusiasm among the Monaco-based consortium who own 62 per cent of the club and include Caliendo, chairman Gianni Paladini and Brazil manager Dunga to pour any more money in as the threat of administration continues to hover over Loftus Road.
The club are £21million in debt and struggling to meet their day-to-day running costs. Even the multi-million pound sales of Danny Shittu to Watford, Dean Parrett to Tottenham and Lee Cook to Fulham in the last 12 months have been unable to stem the cashflow problems.
Furthermore, directors are owed unsecured loans worth between £5m-£7m and this sum would have to be written off were Rangers to go into administration for the second time in six years. By comparison, the £10m loan to the Panama-based ABC Corporation is secured against the ground, which is Ranger's most valuable asset and worth over £20m.
It has been reported that any takeover of Rangers would cost around £30m, including around £10m to be handed to manager John Gregory to spend on new players.
Thoughts about a takeover will momentarily be put to one side tonight as Leyton Orient visit for their Carling Cup encounter.
Rangers will be without their two leading strikers, Ben Sahar, who will be missing for at least another fortnight after having his appendix out, and Dexter Blackstock, who has a thigh injury.
Michael Simpson and Clayton Fortune are ruled out for Orient. Daily Mail
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Tuesday, August 14, 2007
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August
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- Ex-QPRs Signing for New Clubs: Santos and Cochrane
- Ian Holloway on Martin Allen Sacking...Ray Jones D...
- QPR Reportedy Sign Mikele Leigertwood for around £...
- "After a Final Round of Talks"...Briatore & Eccles...
- After Many Months QPR's Tony Roberts Finally No Lo...
- Additional Report but Not Yet an Announcement
- Ex-QPR Paul Furlong Still Enjoying His Football
- Further Board Departures
- QPR International Call Ups
- QPR Signings & Attempted Signings: Sheff Ut's Mike...
- Bircham, Curtis and Paul Parker on Ray Jones (Birc...
- Looking to Saturday
- Eccelstone and Briatore - Profiles
- Ecclestone and Briatore's QPR Purchase
- Bernie Ecclestone on Investing in QPR
- QPR Takeover - Ecclestone and Briatore in Joint Co...
- Ray Jones Remembered by Joe Gallen, Gary Waddock, ...
- Ray Jones Update: Minute of Applause...FIFA's Sepp...
- Dexter Blackstock on Being in the U-21 Squad and Q...
- Nostalgia: 40 Years Ago Victory and Topped Divisio...
- Local Account of the Crash and All the Victims
- Bernie Ecclestone Reportedly Confirms Has Discusse...
- Former QPR Youth Coach Joe Gallen Remembers and Ta...
- Reported Briatore Philosophy re Running QPR
- Colchester Remember Nearly Signing Ray Jones As Y...
- Colchester Remember Nearly Signing Ray Jones As Y...
- QPR Remember and Honour Ray Jones - Retire His #31...
- PFA Tribute to QPR's Ray Jones
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- QPR Birhdays: Ray Jones (RIP)...Jamie Cureton....D...
- Nardiello Again in the Welsh Squad
- Tributes and Kind Words Pour In...No Date Yet for ...
- QPR's Briatore Takeover - One Supposedly Involved
- Ray Jones RIP- Additional Tributes, Reports, Memories
- Expressions of Condolences
- QPR Player Ray Jones Killed in Car Crash
- Briatore and QPR - Further Details on Takeover Sta...
- The Potential QPR Takeover - Who's Possibly Involved
- Burnley Preview QPR...QPR Preview Burnley...
- QPR's Tommy Doherty Still Wanted by Wycombe
- Briatore Confirms QPR Interest...But Denies QPR Deal
- Briatore Earlier Today - No QPR Deal Completed
- Briatore to Make Statement on QPR
- Statement by QPR Holdings re "Possible Offer"
- QPR Flashback: One Year Mackrell in...Two Years Po...
- QPR Snippets
- Gareth Ainsworth on Takeover, Cardiff Loss and Loo...
- re Briatore QPR Buy and Avoiding Administration
- Mancienne Makes His England U-21 Debut...Blackstoc...
- Birthdays for QPR's Lee Camp and Marcus Bignot
- Takeover Update - Complete Within 24 Hours
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- QPR's (Chelsea's) Mancienne Talks About Takeover, ...
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- QPR Takeover Update
- The QPR Takeover: Further Details
- Snippets: Ian Holloway Still Pursuing Scott Sinclair
- QPR Board Changes Now in The Media
- QPR Holdings Board of Directors Resigns as Prepara...
- Next Up: QPR at Burnley
- QPR Apologize for QPR World Service
- Additional Gregory Comment - "what really disappoi...
- Ex-QPR Birthdays...Carlisle Praised...Johnson Free...
- QPR vs Cardiff - Additional Reports...Mancienne Co...
- Various Clubs (Not QPR) Apologize for/Explain Prob...
- How Ex-QPRs Did on Saturday
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- QPR's Loss to Cardiff - Harsh Match Reports and Co...
- QPR 0-2 Cardiff Reports and Comments
- QPR's Championship Prospects This Season - A Detai...
- An "Intro/Guide" to QPR's Prospective New Owner Fl...
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- QPR Takeover...Future Ground Move Possible
- QPR Snippets: Hogan Ephraim on QPR and Colchester
- QPR vs Cardiff: No Fowler or Hasselbaink
- Flashback - QPR Games On This Day..Opening Game Ag...
- QPR Chairman Says QPR Saved! Briatore to Take Over
- QPR Directors Change? Nothing Announced ...But one...
- Analysis of the Paladini/Caliendo "Dispute" and Br...
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- Even AP... "[QPR] Queens Park Rangers may be force...
- "Another week of chaos at QPR..."
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- Jake Cole Gets Extended Contract...Ainsworth on Br...
- Blackstock and Mancienne in England U-21 Squad
- QPR Chairman Warns of Administration in Two Weeks
- Ex-QPR Danny Dichio...Hero of MLS Toronto FC
- Hogan Ephraim Hoping For Extended QPR Loan (and Ch...
- Ben Kosky/Kilburn Times Briefly re Paladini/Calien...
- QPR Manager John Gregory Defends Team Selection Vs...
- Former QPR Chairman Bill Power Speaks Out and Pose...
- QPR1st Statement on "No Sale" Club Statement
- Flashback 20 Years: Bulstrode's QPR Started with W...
- Nick Ward Returns to the Australia Squad
- QPR's Orient Defeat - Additional Reports
- Orient Knock QPR Out of the Carling Cup
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