Queens Park Rangers
On 3 September 2007, it was announced that Ecclestone and Flavio Briatore had bought Queen Park Rangers (QPR) Football Club. In December 2007, they were joined as co-owners by businessman Lakshmi Mittal, the 5th richest person in the world, who bought 20% of the club. On the 17th of December 2010 it was announced that Ecclestone had purchased the majority of shares from Flavio Briatore becoming the majority shareholder with 62% of the shares. It was announced on 18 August 2011 that Ecclestone and Briatore had sold their entire shareholding in the club to Tony Fernandes, known for his ownership of the Caterham Formula 1 team.
Read more about this topic: Bernie Ecclestone
Famous quotes containing the words queens and/or park:
“The queers of the sixties, like those since, have connived with their repression under a veneer of respectability. Good mannered city queens in suits and pinstripes, so busy establishing themselves, were useless at changing anything.”
—Derek Jarman (b. 1942)
“The park is filled with night and fog,
The veils are drawn about the world,”
—Sara Teasdale (1884–1933)