New bid for QPR

A consortium have launched a bid to buy Queens Park Rangers and keep the club at Loftus Road.

The group have tabled an offer, although former director Andrew Ellis has been granted exclusive talks with administrators until 6 August.

Ellis plans to move Rangers to a site near Heathrow Airport.

Maurice Fitzgerald, a member of the new consortium, said: "The bid is based upon keeping QPR at Loftus Road.

"We are backed by a major investment company, and believe (our offer) to be the most financially sound tabled so far.

"We have lodged our bid with the administrators and have shown full proof of funds.

"The administrators have a duty to accept the best bid and we believe that to be ours.

Our consortium is committed to the future success of QPR."