QPR boss Mark Hughes will enjoy major spending power in the transfer market, it has been revealed.

Highly placed sources at the club confirmed that owner Tony Fernandes is prepared to back the 48-year-old Hughes with sizeable funds.

One told the Guardian: "It is not that there is a war chest of a set amount of millions, more that if Mark Hughes can attract big names then the owner will support him substantially. Survival this season is the obvious priority and then he will target a top-half finish next year and if that means it takes QPR to near the European places then that is great."