As featured on NewsNow: Football news

AirAsia boss Fernandes in QPR takeover talks

AirAsia boss Tony Fernandes is lining up a takeover bid for QPR.

The Daily Mai says the multi-millionaire businessman, who is team principal for Formula One outfit Team Lotus, is growing increasingly confident of striking a deal to take control of the Barclays Premier League club.

Fernandes, 47, has already been shown around Loftus Road and talked to manager Neil Warnock about transfer funds as Rangers plan for their return to the top flight.

Co-owner Bernie Ecclestone has said £100m would be enough to take over the west London club. Ecclestone holds a 62 per cent shareholding and although business partner Flavio Briatore has an option to buy the shares if the 80-year-old decides to sell, it is believed the pair have given Fernandes the go-ahead for the move.

 It's kicking off again! Click here for your No1 source for QPR transfer market news and gossip.

Video of the day:

About the author

Tribal Football Staff

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free