Overview
- Long-time chairman Mike Charlesworth forfeited the Club Participation Agreement, prompting the APL to terminate it and assume management immediately.
- The APL is targeting a new, stable owner by season’s end and says men’s and women’s team operations will continue unchanged.
- Reports indicate Damon Hanlin’s proposed takeover collapsed, though he can submit a new proposal under the APL-run process.
- Sources say QPR’s earlier negotiations fell over and discussions could be revisited, with other European clubs and a local consortium signaling interest.
- Despite recent on-field success, including a 2024–25 treble, financial strain under Charlesworth led to cutbacks and departures of key staff and players.