Stadion der Freundschaft

Next Game

RB Leipzig v QPR

Saturday, 26 July 2014, 13:30

Friendly Match

Last Game

RW Erfurt 0 - 1 QPR

Tuesday, 22 July 2014, 18:30

Friendly Match

Fernandes defends QPR outlay

Queens Park Rangers chairman Tony Fernandes has strongly defended the club's spending in the January transfer window, despite admitting to taking a gamble.

Last Updated: 04/02/13 at 02:03 Post Comment

Tony Fernandes: Defends the club's transfer window spending

Tony Fernandes: Defends the club's transfer window spending

The Hoops brought in Tottenham's Jermaine Jenas and Andros Townsend, South Korean Yun Suk-Young, as well as Christopher Samba from Anzhi Makhachkala, in what was a frantic finish to the club's winter dealings last week.

Along with the earlier signing of Loic Remy from Marseille, Fernandes broke QPR's transfer record twice during the window and has come under scrutiny for his reckless spending.

The Malaysian entrepreneur is confident the league strugglers will not face a financial meltdown as a result. Speaking to the Telegraph, he said: "If you analyse it we haven't spent that much money on transfers and as for our wage bill, when I look at other clubs when they put their results out then ours is not too bad and there is now value in the squad.

"I don't think there is any recklessness there.

"No one can guarantee anything in football, but you try to minimise the risk as much as possible and that's where the expertise of the management comes in and they say 'this is what we need to survive' and you look at it and if it makes sense then the board and myself support it.

"Anyone who says we are gambling then - of course we are.

"There are no debts like at other clubs. We've put in a lot of money and it's no different from setting up a car business or an airline.

"But it takes time. QPR were an underinvested club. Simple as that. I'm not in it for one year, I'm investing for the future. I'm investing to build a stadium, to build a training academy, to build a proper business.

"Of course when you buy a small club you are going to incur some losses at the beginning.

"We, QPR, have to move out of the small club syndrome and for constant security have to build a bigger stadium, a better infrastructure. So far it hasn't worked but we won't be the first club for whom everything hasn't gone exactly to plan."

The Hoops currently lie bottom of the Premier League with their £20.5m spending over January an attempt to avoid relegation.

Looking ahead, Fernandes added: "We inherited a squad where every single player who has left is no longer playing in the Premier League, doesn't that say something? We have replaced and replenished the squad at a very low cost because most of them were free transfers. This is the first window that we have spent big money.

"It's not always about money. QPR are the bottom club and you don't come to the bottom club for the dollar sign. And I'm not going to get players for the dollar signs."

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Premier League: Wayne Rooney wants Manchester United captaincy and title challenge

Wayne Rooney is keen to be named Man United captain and is confident the team can challenge for the title.

Liverpool's Adam Lallana could miss start of Premier League with knee injury

Adam Lallana looks set to miss the start of the new Premier League season after suffering a knee injury in training.

Liverpool: Fara Williams welcomes Steven Gerrard contract news

Fara Williams reckons the contract set to be handed to Steven Gerrard will give Liverpool supporters a huge boost.

Mail Box

Are Pre-Season Tours Really A Problem?

Are pre-season tours really a problem? Liverpool went to Australia last summer and it didn't prevent them from having a good season. Plus, thoughts on LvG and keepers...

It Isn't Easy Supporting Spurs, You Know

We have a long mail about the travails of supporting Spurs, plus Friday thoughts on Marko Marin, marketing, victory v beauty, travelling and vanishing sprays...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property