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| Thursday
24th May 2001 |
In respect of the proposed sale of Loftus Road plc, QPR 1st make the
following statement:
"Over the past 24 hours, QPR 1st has learned that there are currently
three seriously interested parties bidding for Loftus Road plc. They
are a city consortium led by Brian Melzack, another consortium led
by Lord Razzall, and the Milton Keynes Stadium Consortium. Each party
is currently in negotiations with Chris Wright and the administrator.
It is QPR 1st policy to talk with potential new owners and encourage
them to consult with the fans and be entirely open about their plans
for QPR. We have stated that representatives from QPR 1st will make
themselves available anywhere, any time should an interested party
choose to make public their intentions through the supporters trust.
In line with this, QPR 1st representatives met last night with Brian
Melzack and three members of his consortium. They explained their
current status and confirmed that they are yet to finalise plans and
funding regarding a bid. Their proposals may include a move to a new
stadium in the future, although details were not tabled. The consortium
will provide further details when their offer is finalised.
Tonight, QPR 1st received a telephone call from Pete Winkleman, leader
of the Milton Keynes Stadium Consortium, in which he outlined details
of the proposed purchase and relocation of QPR to Milton Keynes for
the start of next season.
As QPR 1st is committed to Queens Park Rangers Football Club being
maintained in its current form and continuing to be based in the local
area, a policy that is supported by local politicians, the Shepherds
Bush business community, and most importantly by the overwhelming
majority of QPR fans, we will meet with the Milton Keynes Stadium
Consortium at the earliest opportunity.
QPR 1st has had no formal contact with the Lord Razzall consortium,
and invite them to open talks with us."
If you have any queries to make in relation to QPR 1st, please email
them to: info@qpr1st.co.uk
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