Hoops owners 'in it for the long term'
Queens Park Rangers,
Latest news update:
Chief executive Philip Beard has backed the club's owners and assured fans they are committed to long-term ambitions at Loftus Road.
There has been speculation of late that chairman Tony Fernandes was looking to step aside with Rangers bottom of the Barclays Premier League table despite hefty investment.
Fernandes himself said he would never outstay his welcome but has been given support by the majority of R's fans and Beard is convinced all of the owners will remain in place, no matter what the immediate future holds.
"Tony Fernandes has never said he will leave the club if we're relegated," he told the club's official website.
"We have got wonderful owners. Tony has been at the forefront of it, but we have got three other fantastic owners in Din (Kamarudin Bin Meranun), Ruben (Emir Gnanalingam) and Amit Bhatia.
"We are in it for the long term. We have got short, medium and long-term ambitions.
"This is a tough, tough season for us but whatever happens we are focused on what we have to do over the long term."