QPR owners Bernie Ecclestone and Flavio Briatore secretly recruit investment bank to sell club for 100m - report

Ecclestone and Briatore move to sell club, and have enlisted the help of Seymour Pierce to scout for potential buyers, after breakdown of relationship with Mittal
Reports have emerged suggesting that QPR owners Bernie Ecclestone and Flavio ­Briatore are ready to depart from Loftus Road amidst a feud with billionaire Lakshmi Mittal

The Mirror reports that the duo have enlisted the help of London based investment bank Seymour Pierce to find a potential buyer for the £100m club.

The Formula One supremos own 67 percent of the newly-promoted Premier League club, while Indian tycoon Lakshmi Mittal owns around 30 percent. Mittal has attempted to buy-out the shares owned by Ecclestone and Briatore, but has failed with two bids in the past.

Ecclestone and Briatore have been approached by Keith Harris from ­Seymour Pierce, who claimed he could find the buyer they were looking for.

Relationships between the shareholders broke down in May this year when the son-in-law of Mittal, Amit Bhatida stepped down as QPR's vice-chairman.

Bhatia claimed the Formula One giants were wrong to remove chairman Ishan Saksena from his position, and condemned the pair for raising season ticket prices by 40 percent.

Our  provides the best breaking news online and our  football fan community is unmatched worldwide. Never miss a thing again!