Loftus Road Stadium

Next Game

QPR v Arsenal

Wednesday, 04 March 2015, 19:45

Barclays Prem

The KC Stadium

Last Game

Hull City 2 - 1 QPR

Saturday, 21 February 2015, 15:00

Barclays Prem

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

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

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."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

W

ell that really inspires me with confidence. No point in training, deciding on a coherent formation, or playing players in their best positions, let's just hope we get lucky.

mumbo_jimbo
Van Gaal: Luck is key

I

believe this is because for sepp Christmas is a 7 day feast finishing on the 25th

hiya
Blatter calls for early final

F

alcao really needs to shine now. Apparently according to the stats, he scores more when played up front alone. I wonder if Van Gaal will actually apply a formation to get the best out of him though.

anthracyte
Van Persie lay-off expected

Footer 365

Hornets sting Leeds, Derby downed

Watford reaffirmed their automatic Sky Bet Championship promotion hopes by defeating Leeds 3-1 to close the gap on leaders Derby, who lost 2-0 at Fulham.

West Brom 1-0 Southampton: Saido Berahino sinks Saints in seconds

Saido Berahino’s goal after 72 seconds earned West Brom a 1-0 win to further dent Southampton’s top-four hopes.

Burnley 0-1 Swansea: Tom Heaton own goal the difference at Turf Moor

A chaotic own goal by Tom Heaton handed Swansea a 1-0 victory at Burnley to take them to the magical 40-point mark.

Mail Box

Are Tottenham Right To Redevelop?

It's a really good Friday afternoon Mailbox, with thoughts on Spurs' ground development, the Europa league (leave it alone) and one man running for a very good cause...

Rodgers Is More Of A Paisley Than A Rafa

Most Liverpool fans in the Mailbox are claiming to be pleased to see the back of the Europa League. Plus merging the Europa and Champions League, and winter WC...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company