QPR co-owner Tony Fernandes leaves the club after selling all his shares

Queens Park Rangers co-owner Tony Fernandes has confirmed he is leaving the club after selling all his shares at Loftus Road.

The 59-year-old, who bought the west London club in 2011 alongside Ruben Gnanalingam and Kamarudin Meranun, has decided to focus his time on other business ventures such as Malaysian budget airline AirAsia.

QPR finished 20th in the Championship last season under Gary Ainsworth, having axed former manager Neil Critchley in February.

Fernandes said via the club website: ‘My involvement with QPR has been an incredible period of highs and lows.

‘Outside of family, I have experienced some of the most enjoyable moments of my life thanks to QPR.

The 59-year-old Malaysian businessman bought Queens Park Rangers back in 2011 and has described his 12-year tenure at Loftus Road as ‘an incredible period of highs and lows’

The west London club endured a tricky season last term, finishing 20th in the Championship

‘On the pitch, there have been special victories and it was an honour to be there and see us win promotion to the Premier League at Wembley Stadium.

‘Off the pitch, QPR’s reputation as a true community club is something I have always been very proud of. I am a passionate person and that means the good times have meant so much but, equally, the tough times have hurt.

‘This decision to step away is made with a heavy heart. I would like to thank the supporters who I have experienced the last decade of adventures with. I will continue to look out for QPR’s results and wish the board nothing but success for the future.’

QPR, who were relegated from the Premier League in 2015, have only finished in the top 10 of the Championship once since their demotion, securing ninth in 2020-21.

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