QPR Turn Away 2.5 Million Investment

QPR Turn Away 2.5 Million Investment From Ross Jones

The rumour emanated from A messageboard thread stating QPR had refused a 2.5 million investment midweek.

£2.5m for a 33 per cent stake in QPR - from a consortium headed by Ross Jones, who left QPR in June last year.

QPR Chief Executive Mark Devlin believes it would have been a backward step had former PLC chairman Ross Jones returned to the club

QPR Chairman Bill Power added ::

"It is a laughable offer, which underestimates the true value of our shares.

"They say they want to put money into the club because they want to bring in players and push for promotion.

"But, who pays for the wages of these players? What if we don't get promotion?", he told the London Evening Standard.

QPR Blog Comment :: I can't comment on QPR Boardroom Matters because I know little of what really goes on behind the Loftus Road scenes.. We are doing excellently in the league, may that continue. The QPR Shareholders will hopefully one day make a mint, if and when we return to the premier league.

Beware the Fallen Ranger!

Posted at 2:03 PM, Saturday, January 22, 2005

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QPR Turn Away 2.5 Million Investment