- Mail Sport has seen a gross sales pitch despatched to potential traders by an American financial institution
- QPR are the second London membership to be put in the marketplace in latest weeks
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Queens Park Rangers are actively in search of new traders with the funds to construct a brand new state-of-the-art stadium at Loftus Highway and set up the membership as common members of the Premier League.
Mail Sport has seen a gross sales pitch despatched to potential traders by American financial institution Montminy & Co which values the membership at round £120m, with ambitions to develop a lot greater.
The shiny brochure is titled Challenge Huge Ben and makes a lot of QPR’s location in London, which it describes because the fourth wealthiest metropolis on the planet by GDP per capita, a reality which can be misplaced on a lot of the membership’s fan-base.
QPR are the second London membership to be put in the marketplace in latest weeks with Brentford proprietor Matthew Benham appointing one other US financial institution Rothschild final month to search out new traders, though the present house owners need to keep concerned.
In accordance with the brochure QPR’s valuation by Montminy is predicated on the present 18,000-capacity Loftus Highway being price between £50m and £64m, their new TSG coaching floor which opened final 12 months valued at £25m and their enjoying belongings at round £34m.
QPR are in search of new traders to assist construct a brand new stadium and to reestablish the Championship membership as Premier League regulars (proprietor Ruben Gnanalingam pictured)
They want to construct a state-of-the-art stadium to switch Loftus Highway (pictured)
A gross sales pitch titled ‘Challenge Huge Ben’ has been despatched to potential traders, which makes a lot of their London location
Underneath Spanish supervisor Marti Cifuentes QPR have gained three of their final 5 video games to maneuver out of the Championship relegation locations, and staying within the second tier will probably be essential to their hopes of attracting recent funding.
QPR’s present house owners are Malaysian businessman Ruben Gnanalingam, who owns 60 per cent, British funding supervisor Amit Bhatia who owns slightly below 20 per cent American businessman Richard Reilly who holds a 21 per cent stake.
QPR sources advised Mail Sport that the trio all need to keep on the membership, however are in search of companions with the funds and expertise to assist take them ahead.
American financial institution Montminy & Co values the membership at round £120m, with ambitions to develop far greater
The important thing expertise in query are prone to be associated to property and stadium improvement, because the membership’s aspirations for Loftus Highway characteristic closely within the funding brochure.
Montminy say that QPR’s imaginative and prescient is to ‘produce a state-of-the-art, multi-purpose stadium, as a part of a serious regeneration in West London,’ and declare that ‘discussions are underway to additional discover important stadium improvement with native municipal authority.’
QPR declined to remark.
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