Home/Club Crisis Index/Aldershot
Queens Park Rangers administration history: every insolvency event since 1986
Queens Park Rangers has one insolvency event on record in 2001, with no points deducted. The most recent: administration in 2 April 2001, First Division.
Queens Park Rangers timeline
- · First Division · Administration
QPR and parent company Loftus Road plc were put into administration after chairman Chris Wright failed to find a buyer, with losses running at about GBP 570,000 a month. The club was relegated from the First Division weeks later.
Owner at the time: Chris Wright (chairman, Loftus Road plc)
Outcome: Survived. Parent company Loftus Road plc came out of administration in 2002 after a refinancing by existing directors paid off creditors (club website); QPR were relegated to the Second Division in 2001.
Sources: BBC Sport: QPR put into administration · Queens Park Rangers FC (archived): Loftus Road plc comes out of Administration