£17.5billion Lakshmi Mittal plans QPR takeover
Indian billionaire Lakshmi Mittal will launch a takeover for QPR on Monday.
The Sun says he wants to buy out Formula One tycoons Flavio Briatore and Bernie Ecclestone.
Mittal, worth an estimated £17.5billion, has promised boss Neil Warnock a £40million transfer kitty if his bid is successful.
The stumbling block could be Briatore's £100m valuation of Rangers.
A source said: "Everyone here is hoping the Mittal bid is successful.
"They want to see QPR prosper and may be willing to spend money on the players we need to stay in the Premier League."
