- Mail Sport has seen a sales pitch sent to potential investors by an American bank
- QPR are the second London club to be put on the market in recent weeks
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Queens Park Rangers are actively seeking new investors with the funds to build a new state-of-the-art stadium at Loftus Road and establish the club as regular members of the Premier League.
Mail Sport has seen a sales pitch sent to potential investors by American bank Montminy & Co which values the club at around £120m, with ambitions to grow much bigger.
The glossy brochure is titled Project Big Ben and makes much of QPR‘s location in London, which it describes as the fourth wealthiest city in the world by GDP per capita, a fact which may be lost on much of the club’s fan-base.
QPR are the second London club to be put on the market in recent weeks with Brentford owner Matthew Benham appointing another US bank Rothschild last month to find new investors, although the current owners want to stay involved.
According to the brochure QPR’s valuation by Montminy is based on the current 18,000-capacity Loftus Road being worth between £50m and £64m, their new TSG training ground which opened last year valued at £25m and their playing assets at around £34m.
QPR are seeking new investors to help build a new stadium and to reestablish the Championship club as Premier League regulars (owner Ruben Gnanalingam pictured)
They are looking to build a state-of-the-art stadium to replace Loftus Road (pictured)
A sales pitch titled ‘Project Big Ben’ has been sent to potential investors, which makes much of their London location
Under Spanish manager Marti Cifuentes QPR have won three of their last five games to move out of the Championship relegation places, and staying in the second tier will be crucial to their hopes of attracting fresh investment.
QPR’s current owners are Malaysian businessman Ruben Gnanalingam, who owns 60 per cent, British investment manager Amit Bhatia who owns just under 20 per cent American businessman Richard Reilly who holds a 21 per cent stake.
QPR sources told Mail Sport that the trio all want to stay at the club, but are seeking partners with the funds and skills to help take them forward.
American bank Montminy & Co values the club at around £120m, with ambitions to grow far bigger
The key skills in question are likely to be related to property and stadium development, as the club’s aspirations for Loftus Road feature heavily in the investment brochure.
Montminy say that QPR’s vision is to ‘produce a state-of-the-art, multi-purpose stadium, as part of a major regeneration in West London,’ and claim that ‘discussions are underway to further explore significant stadium development with local municipal authority.’
QPR declined to comment.