Deals
QPR Owners Won’t Burn Mittal’s Billions to Get Soccer Glory
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Queens Park Rangers owner Tony Fernandes said he won’t try to match big-spending rivals even after teaming with one of the world’s richest families at the newly promoted Premier League soccer club.
Fernandes, the chief executive officer of Malaysia’s AirAsia Bhd, yesterday agreed to buy 66 percent of west London-based QPR from Formula One chief Bernie Ecclestone and his partner Flavio Briatore.