Stmnt re Gerry Francis

Date : 02/16/2001 @ 9:00AM
Source : UK Regulatory (RNS and others)
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Stmnt re Gerry Francis

RNS Number:0351Z Loftus Road PLC 16 February 2001

For Immediate Release 16 February 2001

LOFTUS ROAD PLC

Statement Regarding The Future of Gerry Francis

The Board has known that Gerry Francis was considering retirement at the end of this season when his contract expires and this week he confirmed to the Board of Queens Park Rangers that this was the case.

Following discussions with Gerry it was mutually agreed that it was important to install a new manager now in order to plan for next season, particularly with regard to existing players' contracts and any incoming players. The new manager when appointed will immediately assume responsibility for the First team and will obviously focus on doing everything possible to ensure that QPR do not get relegated this season.

Gerry has been asked to remain with QPR until his contract expires and will work with the new manager on planning for next season, including such issues as our Academy situation and our Scouting network.

The Board would like to go on record as publicly thanking Gerry for the job he has performed over the last two years in very difficult circumstances, keeping QPR up in the first year and finishing tenth last season. His commitment to the club is second to none and we feel that he has made a major contribution in trying to turn the club around. He has been offered a place on the Club Board next year should he wish to take it up.

Discussions with candidates for the manager's job have already started and the Board hopes to be in a position to make an announcement as soon as possible.

In the meantime, Gerry Francis will be in charge for the match against Barnsley and we hope he leaves the job with the win the club needs.

Contact:

Mark Edwards, Buchanan Communications 020 7466 5000

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