QPR's Board of Directors Issues Statement Rejecting Transfer Speculation and stories re Jim Smith to QPR

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QPR OFFICIAL STATEMENT

Following the weekend's media reports, the Board of Directors have issued a statement.
Numerous stories alleged that QPR were on the brink of selling some of their most valuable players, most notably Dan Shittu, but the Board would like to state there is no such truth in the rumours.
The statement reads:
"The board unanimously condemns recent allegations from some badly informed newspapers with regards to the sale of some of our players for ridiculous amounts of money and also the replacement of our manager.
"We would like to clarify that there is absolutely no need to sell players in order to settle monies due to the Inland Revenue as we are fully up to date with our repayments.
"Furthermore, stories claiming that Jim Smith is to become the Director of Football at Loftus Road are completely unfounded."
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