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Wednesday, August 15, 2007

Ben Kosky/Kilburn Times Briefly re Paladini/Caliendo and Takeover

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Brief summary by the Kilburn Times Ben Kosky of "The Situation" and then a match report of QPR's loss to Orient.

Ben Kosky/Kilburn Times - Something of a shambles
QPR were in turmoil on and off the pitch as a planned takeover collapsed on the night the club suffered yet another Carling Cup humiliation.
A deal for Renault Formula 1 chief Flavio Briatore to take control of the club appeared to have been scuppered on Tuesday night when Rangers director Antonio Caliendo insisted there would be no sale.
Just a few hours later, the club's Carling Cup hopes also lay in ruins after they crashed out to Leyton Orient - their sixth first round exit in the last decade, almost all of them to lower league opposition.
Rangers had been set to sign an agreement with Briatore later this week, but Caliendo, the chairman of parent company QPR Holdings Ltd, issued a rare public statement on the club's official website.
It read: "There have been many rumours spread in the newspapers recently about QPR. The club is not for sale."
Observers noted that Caliendo and QPR chairman Gianni Paladini, long-time friends and business associates, did not sit together in the directors' box during the Orient match... . Kilburn Times