Queens Park Rangers has opted to bypass the banks and other traditional avenues of financing for its new £20million training facility, which the West London football club instead hopes to build with the help of fans and everyday savers. The launch of the QPR Bond at the end of September gives investors the chance to earn 5 per cent gross interest annually for a minimum buy-in of £500. This should be included in the details of the bond offer but contact the issuer direct if it is unclear. QPR has seen 20 academy-developed players play for the first team in the last seven years, including fan-favourite Ilias Chair. QPR are far from the first Football League club to shun traditional avenues of financing.

Source: The Nation October 11, 2021 06:56 UTC