Update on takeover bid

In relation to the imminent change of ownership of Queens Park Rangers Football Club and Loftus Road Stadium, QPR 1st issues the following statement:

“QPR 1st understands that the deal fronted by Brian Melzack is set to be completed before the end of the week. We believe at this point an announcement will be made in relation to the identity of the existing Loftus Road plc personnel who will fill the key positions of Chairman and Chief Executive.

QPR 1st has no further details to date, but will continue working vigorously to seek answers to the open questions posed on this site and circulated to members last week. Our position remains that until the questions are answered to the satisfaction of the QPR 1st Committee and QPR 1st members, as a Supporters Trust committed to protecting the future of Queens Park Rangers Football Club, we remain unable either to support or oppose the takeover.

QPR 1st will release further details as and when we learn more, and will continue to take note of the comments made by members in conjunction with member voting on the takeover issue.”