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SirStanleyBowles- 09-03-2007
Ecclestone sets targets for QPR
Formula One supremo Bernie Ecclestone says he wants to buy Queens Park Rangers and wants to see them back in the Premier League within four years. QPR have not been in the top-flight since they were relegated in 1996. Ecclestone and multi-millionaire Flavio Briatore, who is the Renault F1 boss, had their offer to buy the Championship outfit recommended by the club's board. The duo have paid £1m for the Loftus Road team and will also clear the west London club's £13m debt. Ecclestone has a personal fortune which is valued at £2.2bn. He had been linked with launching a bid for Premiership side Arsenal earlier this summer.