QPR chief executive David Davies has postponed tonight’s meeting between the Club board and members of the QPR 1st management committee. This was because not all of the board members lined up were able to make the meeting. QPR 1st is anxious to ask the board searching questions about the
Boardroom
David Thorne Update
After the news regarding the breakdown regarding the proposed investment by David Thorne, we contacted him a few days ago to ask him what the current position is. Mr Thorne replied with the following, ” I can say we remain in negotiations and our solicitors remain involved. If there is
David Thorne Statement
QPR 1st received this statement from David Thorne last night. We will be seeking clarification from Mr Thorne and the QPR Board. It is our experience that there are usually many reasons for a breakdown in negotiations. There have been many such breakdowns and false dawns in the last two
David Thorne update
Following recent rumours that Australian, David Thorne’s interest in QPR may have cooled, the Trust Chairman, Justin Pieris contacted Mr Thorne directly. Mr Thorne stated that those rumours are completely unfounded and that there has been no change in his plans, as outlined previously on this website. He clarified that,
The Leaked Memo 2
As reported yesterday, QPR 1st contacted the club’s board with regard to the memo recently leaked on an unofficial website. Yesterday afternoon, our Chairman Justin Pieris, called David Davies to remind him we were in receipt of the document, to try and discuss some of the serious issues raised, and
The Leaked Memo
“Following the publication on an unofficial website of a purported leaked document containing proposals by QPR to reduce operating costs, QPR 1st has written to the board to seek confirmation of its authenticity. QPR 1st are in possession of a copy of the original document and, if proven to be
Australian bidder David Thorne Q & A
Over the weekend, QPR 1st has been in direct contact with David Thorne re his potential involvementwith QPR. We also have asked David Davies to comment from a QPR board perspective, but are yet to hear back from him. David Thorne has been very approachable and said he would answer
David Davies & Notts County
After speculation emerged about the role of QPR chief executive David Davies in the change of ownership at Notts County, we wrote to him to ask him about the work he had done. He explained in a telephone conversation yeesterday that he had helped two of his friends to put
QPR Board meeting
David Davies has confirmed to the Trust that QPR’s board are meeting today to focus on bringing board members who have been out of the country up-to-date. We also understand the board will be considering a proposal from an Australian based consortium that involves raising further finance for the club,
Haleem Kherallah update
We heard today from a spokesperson on behalf of the Haleem Kherallah bid. Though the details we were given were a little sketchy, here are the latest developments as we understand them. – Mr Kherallah has tabled a bid to buy 26% of the shares in loftus road plc (or