Tony Fernandes is expected to complete his takeover of QPR today.
The Malaysian businessman will become the majority shareholder and is understood to be buying more than the 51 per cent stake initially discussed.
The owner of Air Asia and Formula One's Team Lotus was at Loftus Road for the club's opening game drubbing by Bolton but said: "I think Neil is a super guy and he's done extremely well to have got QPR to where they are.
"He'd have my full support. I think the manager should get what the manager wants."
Bernie Ecclestone, who owns 66 per cent, has wanted to sell for some time and this deal will ensure he ends his ties with Loftus Road.
Steel magnate Lakshmi Mittal is also set to increase his 33 per cent share but Fernandes will have overall control.
QPR have pencilled in a press conference at Loftus Road on Thursday to announce the deal, says the London Evening Standard. The news will come as a huge boost to Warnock as Fernandes wants him to sign four players before the transfer window shuts.
