Published: Friday December 13, 2013 MYT 6:09:00 PM
Updated: Friday December 13, 2013 MYT 11:07:14 PM
QPR unveils plans for new 40,000-seater stadium
QPR chairman Tan Sri Tony Fernandes.
PETALING JAYA: Malaysian-owned Queens Park Rangers FC has unveiled plans for a new stadium Friday as the 131-year-old English club looks set to move from their current Loftus Road ground.
The 40,000-seater stadium is part of a major regeneration project in West London's Old Oak area, provisionally titled New Queens Park.
Artist's impression of QPR's new 40,000 seater stadium in Old Oak.
The cost of building the stadium is estimated at £200mil (RM1.1bil) and it is part of a £10bil (RM52.8bil) regeneration project.
QPR and its partners Stadium Capital Developments stated that they have concluded a letter of collaboration with the GLA and the London Borough of Hammersmith & Fulham to "bring forward an early and very significant private sector investment into the Old Oak Common regeneration area".
The stadium is at the heart of the regeneration area, and will bring about the creation of a residential and commercial area which would generate up to 50,000 jobs and 24,000 new homes.
"Loftus Road is – and always will be – a special place for the club and our supporters, but we need more than an 18,000 capacity," QPR chairman Tony Fernandes said.
"With no option of expanding here, we have to look elsewhere and we welcome the Mayor's and Hammersmith & Fulham Council's commitment to regenerate the area, which includes an option to develop a new stadium at Old Oak as a key catalyst to bring forward redevelopment, cementing our future in this part of West London," he said.
