Fernandes Says QPR Won't Burn Cash for Soccer Glory

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Aug. 19 (Bloomberg) -- Tony Fernandes, chief executive officer of Malaysia's AirAsia Bhd, talks with Bloomberg's Tariq Panja about his agreement to buy 66 percent of west London-based Queens Park Rangers from Formula One chief Bernie Ecclestone and his partner Flavio Briatore. The balance of the Premier League soccer club is retained by the family of metals billionaire Lakshmi Mittal. They spoke yesterday in London. (Source: Bloomberg)

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