Multi-billionaire Lakshmi Mittal — the world's fifth-richest man — is to become a director of QPR.
The London-based Indian steel magnate, a friend of the club's coowner Bernie Ecclestone, is ready to pour some of his estimated £26billion fortune into the Championship club.
A QPR source said: 'The club heard Mittal had been interested in Wigan and Everton, but this is a lot closer to home for him.'
QPR have failed to sign Sheffield Wednesday duo Tommy Spurr and Jermaine Johnson.
source: thisislondon