Gianni Paladini has already been axed as QPR chairman by new club owner Tony Fernandes.
The London Evening Standard says Fernandes has sacked chairman Paladini in his first act as Queens Park Rangers' new owner and taken on the role himself.
Fernandes moved swiftly after his company, Tune Group, took on a 66 per cent stake in QPR buying out previous majority shareholders Flavio Briatore and Bernie Ecclestone.
Paladini, who sold his stake in the club in 2007, is disappointed by the move but it is believed the 65-year-old feels he has reached an age where he is happy to free himself from the stress of helping to run the club.
