There was more breaking news last night, as QPR co-chairman Tony Fernandes announced he is stepping down from the role after seven years at the club. Former vice-chairman Amit Bhatia will now take over as chairman of the club, which hopefully will see the start of a new, more positive era from the start of next season.
Fernandes joined the club early in the 2011-12 season, and has witnessed Premier League survival and promotion via the play-offs during his time as chairman, then as co-chairman from 2015 with Ruben Gnanalingham, who has also stepped down, allowing Bhatia to be the sole chairman of the club.
Fernandes has had some good moments at Loftus Road, but has definitely made some mistakes too, and has left the club in a stable enough position to thrive in the coming years.
Fernandes, who founded former R's sponsor AirAsia, has not left the club entirely, and will continue to be a shareholder and co-owner.
In an interview with the club website, Fernandes said: "It is time for the club to have a chairman who is based in London. It was important for me to step down at a time where we have solved many issues such as FFP, making the club sustainable, building a strong academy and having a strong backroom team." It is a very important time for Rangers, with the punishments of FFP still not over as the January transfer embargo is yet to come, and there is also the matter of the proposed move away from Loftus Road to be explored too, so I think that Bhatia has a big job on his hands, but not one too big for him to handle.
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