Queens Park Rangers agreed an investment deal

Championship club agreed a deal with Monaco-based financial and banking consortium Wanlock to buy £1.1m of the new shares that had been earmarked for the club's other recently acquired Monaco-based backer Barnaby Holdings. The two Monaco consortia would become the club's majority shareholders, each with a 20% stake in the club, ahead of directors Gianni Paladini (15%), Kevin McGrath (8%) and chairman Bill Power (5%). Wanlock was introduced to the club’s board in Monaco last month by Barnaby, which has decided to pass up its first option on the remaining new shares issued by the club in the summer.