QPR push on with new stadium plans despite looming relegation
West London club have reportedly taken a £15m loan with owner Tony Fernandes hoping to announce 'good news' in the next two weeks
Wednesday 17 April 2013
QPR chairman Tony Fernandes hopes to have some “good news” about the west Londoners' hunt for a new stadium in the next two weeks.
While the Hoops look all but certain to be relegated from the Barclays Premier League, plans for off-field development appear to continue apace.
Ever since Fernandes completed his takeover in 2011, the club have been keen to bring facilities up to top-flight standard and last summer he confirmed QPR were looking at three potential sites for a new home.
An update on that search looks imminent after Fernandes today took to Twitter to explain a widely-reported £15million loan taken by the club.
"Loan for qpr is for new stadium," he said via his account, tonyfernandes.
"Next 2 weeks will be hopefully good news. But work is starting. We will not say anymore on stadium."
The Hoops' Loftus Road home is the smallest ground in the top flight with a capacity of just 18,439 and Fernandes intimated a new stadium would cost around £150million.
The club had last summer hoped to reveal plans for a new 35,000-seater stadium in the Shepherds Bush area but they never materialised.
QPR chief executive Philip Beard has previously spoken of his plans for the new stadium to be "part of a hub of a wider entertainment destination".
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