Tuesday, 11 October 2011

Fernandes Outlines QPR Plans


Queens Park Rangers owner Tony Fernandes has revealed that he plans to help the club make a profit through 'proper business sense'.

The Malaysian businessman completed a takeover at Loftus Park in August and immediately provided manager Neil Warnock with funds to strengthen his squad.

A number of new players arrived before the transfer deadline and there has been a feel-good factor around QPR in recent weeks, despite the 6-0 defeat to Fulham last time out.

Fernandes believes it was an ideal time to take over but has vowed to run the club properly.

"It is always good to come in in a recession (and) I believe we are going to have that double-dip. That cleanses out the craziness sometimes," he said in The Independent.

"Football needs to change. The real value of players has become completely inflated. There are clubs out there that if they were in a real business they could not afford. That inflates it for everybody.

"For the sake of football, proper business sense has to be made. If you look at the Premier League, this is a good time to buy (a club). There is a bit more sensibility coming in."
Steps

Fernandes has a clear vision in mind for QPR as he looks to steadily build for the future, and one thing he is adamant about is that QPR must make money.

"This is not a black hole of Calcutta or a trophy asset," he said in an interview with fcbusiness magazine.

"This has to be run as a business.

"The first step is to avoid relegation, then we need to sort out the ticket prices, and get reconnected with the fans.

"As we move up the Premier League, there is more money through TV revenue, but it will be important to build a fan base."