Following a report in one of today's national newspapers, titled 'QPC is definitely a move too far, Flavio,' QPR Holdings Ltd Chairman Flavio Briatore has issued the following statement:

"This is pure fabrication and I don't know where the story has come from. I haven't spoken to anybody about this subject.

"I don't know the journalist, but I know the story is totally untrue and we will be contacting our lawyers to pursue this matter further.

"I can categorically deny that there is any truth in this article."

The Club will be making no further comment.