QPR owner Tony Fernandes says they have a plan for relegation.
But Fernandes, 47, is confident that manager Mark Hughes will steer them away from the drop.
He said: "When I joined the club I thought Neil was going to be with me for a long time.
"But I just felt that the Premier League had moved on and when I started seeing what other clubs were doing, I thought we were a long way behind.
"It was a hard decision because I love Neil, I still do. We are still mates, he texts me and is a really good guy.
"I've had tremendous abuse over Neil's sacking on Twitter.
"The fans love you, then hate you, but as long as you are transparent with them, it is OK, I can deal with that.
"But you look at the analysis now since Mark has been there. All the statistical information and the training methodology - it's just a science now.
"We shouldn't be anywhere near that relegation zone. Wolves were outplayed when Djibril Cisse was sent off. Then there was the goal against Bolton that was disallowed.
"We have a huge battle ahead of us and of course there is a contingency plan. I'm not a man who will just sit there and say we are going to easily do it. You have to be prepared for it."