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F1 duo made official offer for QPR
England - 03 September, 2007
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Formula One duo Flavio Briatore and Bernie Ecclestone have made a takeover bid for the Coca-Cola Championship club Queens Park Rangers.
The club said on their official website (qpr.co.uk) on Saturday they were delighted with the offer.
"Bernie and I were delighted to receive a recommendation from the board of QPR for our bid for the club and we look forward to working alongside Gianni Paladini and his team. "We are fully aware of the history of QPR and the loyal fanbase that it has and are totally committed to bringing future success back to the club," Briatore told the club's website.
"This offer provides much needed investment and an excellent opportunity to move the club forward which will be translated into positive results on the pitch. "I am delighted that Flavio and Bernie have asked me to remain on the board and I hope to play a large part in the future of QPR," Paladini added.
Briatore and Ecclestone will now take control of the club although current chairman Gianni Paladini will remain in position, but Antonio Caliendo and Franco Zanotti have agreed to resign from the board.
The club said on their official website (qpr.co.uk) on Saturday they were delighted with the offer.
"Bernie and I were delighted to receive a recommendation from the board of QPR for our bid for the club and we look forward to working alongside Gianni Paladini and his team. "We are fully aware of the history of QPR and the loyal fanbase that it has and are totally committed to bringing future success back to the club," Briatore told the club's website.
"This offer provides much needed investment and an excellent opportunity to move the club forward which will be translated into positive results on the pitch. "I am delighted that Flavio and Bernie have asked me to remain on the board and I hope to play a large part in the future of QPR," Paladini added.
Briatore and Ecclestone will now take control of the club although current chairman Gianni Paladini will remain in position, but Antonio Caliendo and Franco Zanotti have agreed to resign from the board.
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