Qpr Launch Bond For Fans To Invest In New Training Ground Project
QPR is offering its supporters the chance to invest in the club’s new £20million Heston training ground, that aims to provide state-of-the-art facilities for all its players – from first team to Academy – at a single site.
The project will be part-financed by a QPR Bond to fund the recently acquired Heston Sports Ground facility, which was granted planning permission in September 2021. The purpose-built training ground is at the heart of the Board’s strategy to nurture homegrown talent and its long-term commitment to making the club self-sustainable.
The bond will be available to supporters through Tifosy Capital and Advisory, the sports advisory and capital solutions firm. Supporters who want to invest can pre-register from Thursday 30th September 2021 for priority access to invest, with the offer due to close no later than November 12th.
The bond will pay 5% gross interest annually, with an additional 3% gross in club credit redeemable on tickets and merchandise, and investors will be paid a one-off 25% bonus if the club is promoted to the Premier League during the lifetime of the five-year bond. The minimum investment is £500 with no upper limit.
The new training ground will include seven specially constructed pitches for the first team and academy and will enable the club to compete more effectively on the pitch, helping to attract and develop the best upcoming talent. Players will also have use of a performance gym, rehabilitation facilities, dining and recreation areas, classrooms and a performance analysis suite.
Amit Bhatia, QPR Chairman, said: “As a Board, we have a clear vision for QPR: to deliver competitive and entertaining football while ensuring the club becomes self-sustainable.”
“The new training ground is designed to underpin a renewal of the footballing fundamentals at QPR, to enable the club to compete more effectively on the pitch and to help attract and develop the best talent.”
“Supporter involvement and participation have always been at the core of QPR’s values. As a Board, we are fully behind this offer and believe that the QPR Bond can play a crucial role in further strengthening the connection between QPR and its passionate fans, and in bringing new investors and fans to the club.”
A similar bond was launched by Norwich City in March 2018, also through Tifosy, raising £5m to build a new academy, which opened in August 2019.
QPR’s new training ground is scheduled to open during the 2022/23 season.
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