Queens Park Rangers news
Fernandes takes over QPR
August 18, 2011
By ESPNsoccernet staff
• Fernandes to back Warnock
• Takeover may prompt Parker bid
Fernandes, who made a bid to take control of West Ham United last season, is the founder of AirAsia as well as the team principal of Formula One's Team Lotus.
His company, Tune Group, has taken a a 66% stake in the club, buying out previous majority shareholders Flavio Briatore and Bernie Ecclestone.