Paladini: 'The club would have gone into administration'

Last updated : 14 June 2006 By

Paladini's reign - he became chairman after a boardroom coup last autumn - has been subject to considerable scrutiny, but he defended his role since taking control at Loftus Road.

The Italian former agent said: "Without the financial support of the current board, the club would have gone into administration last season.

"With the financial resources being made available, the club will not go into administration with the current board in control.

"Next season will see further improvements and we expect our losses to fall below £1million - a significant improvement on the years before I became involved with the club."

(Sporting Life).