Renault Formula One team boss Flavio Briatore has been widely tipped to complete a £22million takeover of the Championship club this week. And ahead of the expected announcement, outgoing board members Nick De Marco, James Ferrary and Kevin Steele issued a statement on the club´s official website.
"We believe the new investment coming into the club will be the most important for years. It will save QPR from the perilous financial position we have found ourselves in and should put the club in an excellent position to move forward," read the statement.
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