QPR chairman Tony Fernandes believes the club have made a "great first step" in their search for a new stadium.
His comments came shortly after the club revealed a major announcement would be made next week that could help turn the club into a "global" brand. It has been suggested Monday's announcement will be about a move away from their Loftus Road home to a new stadium, although there are reports that QPR will unveil a South Korean player.
Press Association Sport understands the club are interested in Celtic midfielder Ki Sung-yueng, while bookmakers SkyBet have suspended betting on Manchester United's Park Ji-sung joining the Hoops.
In an invite sent to the national and international media, QPR said: "The announcement will put the QPR brand on a global scale and is further demonstration of the board's continuing efforts to move the club forward and become established in the Barclays Premier League.
"QPR chairman Tony Fernandes, vice-chairman Amit Bhatia, manager Mark Hughes and CEO Philip Beard will all be in attendance.
"Please note, the club is in no position to make any further comment on the announcement of this press conference."
Malaysian businessman Fernandes revealed earlier this week that the club are evaluating three potential sites for a new stadium and that as many as four more signings could be made this summer.
Discussions on the former seem to be progressing well, with the Rs chairman posting on Twitter on Friday: "Excellent stadium meeting Wow. Looks great. Going to make big announcement. Hopefully see amit [Bhatia, vice-chairman] in a few hours to brief him. Wow."
He then added: "Stadium will be in west london. Will not lose overall atmosphere. Lots to do and many pitfalls but great first step."