Fernandes insists QPR finances can handle relegation
QPR chairman Tony Fernandes insists they can handle relegation.
The club's wage bill doubled to £56m in its first year back in the Premier League and it has reported a loss of £22.6m as debts jumped 57 per cent to nearly £90m.
QPR are currently bottom of the league, seven points from safety. When asked whether he feared relegation would cripple the club, Fernandes replied: "No fear at all. If we went down, we would just have to come back up.
"Our wage bill is a lot lower than being quoted. It has been blown out of proportion. We are not that far away from [operating within] Financial Fair Play anyway."