Newly promoted Queens Park Rangers have revealed that Adel Taarabt will be staying at the club for the upcoming English Premier League season.The announcement ends speculation about Taarabt departing the Loftus Road outfit, with reports earlier in the week linking the 22-year-old with Ligue 1 club Paris Saint Germain.

A statement on the club’s official website read: "We are pleased to confirm that Adel Taarabt will be staying at QPR this summer.”

"Despite receiving a substantial bid for our Moroccan international, we rebuffed all approaches and indeed, we are keen to build for the future in the Barclays Premier League, and not sell one of our prized assets.”

"Should we have decided to sell Taarabt this summer, we made it clear to Neil Warnock that we would reinvest funds into the squad.”

"Taarabt is fully committed to the club and is looking forward to proving his undoubted star quality for QPR in the Barclays Premier League.”

"Our decision not to sell him only serves to reiterate the ambition and commitment we have both shown to QPR since we arrived here."

The QPR statement also mentions the club's desire to bring in new players, one of whom is Welsh international Danny Gabbidon.