Should NRR replace QPR in the league tables? Thom Gibbs reports on a takeover by Formula One bosses and a steel magnate that seems to promise much more than mere survival but carries risks of its own
On the evening of August 14, 2007, during a League Cup match against Leyton Orient, Gianni Paladini’s world was in tatters. QPR’s Italian chairman thought he had secured a deal to save the club from impending administration. Flavio Briatore, managing director of the Renault Formula One team, was set to take over, until significant shareholder Antonio Caliendo balked at Briatore’s offer. The deal looked dead. Rangers were destined for financial meltdown, possibly complete extinction. They also lost 2-1 to Orient.