The npower Championship leaders have responded to press speculation by confirming they have entered into "preliminary discussions" with a view to a 67% sale of QPR Holdings Limited.
The statement said: "In response to recent press speculation relating the potential sale of a 67% shareholding in QPR Holdings Limited (the 'Company'), the Company confirms it has entered into preliminary discussions, which may or may not result in an offer being made.
"It is emphasised these talks are at an early stage and that there is no certainty an offer for the Company will be forthcoming."
Yet Bhatia, who joined the board of directors at Loftus Road in December 2007, has no intention of selling his shares and said: "The club has confirmed it has entered into preliminary discussions relating to a potential sale of shares in QPR Holdings Ltd.
"My family and I would like to make clear we are not part of these negotiations to sell our shares. We remain passionate about QPR and are working to achieve our immediate goal of providing Premier League football to our loyal supporters next season."
Source: PA
Source: PA