No deal has been completed at this time, though reports in the Daily Mail and London Evening Standard are reporting that Fernandes may purchase a 51% stake in the Company, gaining control from Eccelstone and business partner Flavio Briatore.
Perhaps the most positive news is this snippet from the Evening Standard:
Standard Sport understands Fernandes is flying out to the club's pre-season training base in Italy tomorrow to meet with Warnock and discuss plans for the new season, including some more transfer targets.
It is too early to know the final result, but this should be encouraging news for QPR supporters. Countless blog posts, newspaper articles and online comments have been devoted over the past several months to the spending habits of the current owners. The recent dust up over Neil Warnock's candid comments that they were not prepared to spend to improve the club, despite the ticket price increases and increased television revenue, further infuriated the club's fan base.
If indeed Fernandes is coming on board, and quickly, the hope has to be that he will invest some money in Warnock's squad. As the Cesena game exposed on Wednesday, play at the wings and left/right back are areas that need addressing. Prior to this news, the brightest star on the transfer horizon was out-of-favor Southampton winger Jason Puncheon, a target that does not inspire much adulation amongst the Loftus Road faithful. While Neil Warnock has done a superb job so far identifying free transfer targets in Jay Bothroyd, Danny Gabbidon and Kieron Dyer, having an owner willing to invest in the team's players would be a relief to Hoops fans.
The story is still developing and I will update this post when more becomes clear. For now, R's fans are tentatively hopeful that a new owner is on the way, with a new philosophy and a bit of cash to splash.
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