QPR Chairman Warns of Administration in Two Weeks

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In today's Mirror, Sun, Star and Telegraph

Daily Mirror Threat to QPR 16/08/2007
Gianni Paladini has warned QPR will be forced into administration in two weeks unless a rescue package is agreed.
The cash-strapped club need to pay a £1.3million bill to the Inland Revenue by September 1.
Rangers could otherwise face a 10-point deduction and be plunged into a desperate relegation battle.
Chairman Paladini is furious with his fellow board members after talks with F1 racing boss Flavio Briatore over a £30m takeover stalled.
Paladini said: "There is now a huge concern over the club's future." Mirror

Telegraph
"...Queens Park Rangers chairman Gianni Paladini has warned that the club could be forced into administration if a rescue package is not agreed. The club need to pay a £1.3 million bill to the Inland Revenue by the end of the month, and Paladini is disappointed that talks with Renault Formula One team principal Flavio Briatore over a £30 million takeover have stalled.
"There is now a huge concern over the club's future," Paladini said. "Flavio has made it plain that if one decimal point moves on the agreed price, he doesn't want to know. There is no one else ready to step in."
Antonio Caliendo, the chairman of QPR Holdings Ltd, has denied that the club is up for sale Telegraph

The Sun
GIANNI PALADINI has warned QPR will be forced into administration in two weeks’ time unless a rescue package is agreed.
The Championship club must pay a £1.3million tax bill by September 1 or face a winding-up order.
Rangers, who are £21m in debt, would then be hit by a 10-point deduction by the Football League.
Talks with Renault racing boss Flavio Briatore over a £30m takeover have stalled after directors Franco Zanotti and Antonio Caliendo refused to accept an offer of 5.5p per share.
Chairman Paladini said: "There is now a huge concern over the club’s future. Flavio isn’t desperate to buy into QPR and there is no one else ready to step in." The Sun

The Star (via BBC Gossip) "QPR will go into administration in two weeks unless a rescue package is agreed. (Star) BBC