BBC
Flavio Briatore has stepped down as chairman of Queens Park Rangers with immediate effect.
As a result, the Mittal family has increased its shareholding in the club.
The Championship side have appointed current chief executive and managing director Ishan Saksena as a replacement for the 61-year-old Italian.
Briatore said: "My three years as chairman of QPR have been an exciting and incredible experience. I'm proud to have helped save this historical club."
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