Get the CaughtOffside iPad software. Download the #1 Free Sports App from the App Shop. All of the latest footie media and much, much more. Loftus Road part check out reduce accounts of an economic crisis at the club. QPR chairman Tony Fernandes has looked to dampen speculation the club could be set for an economic crisis, reportsASky Sports. The club are commonly likely to endure relegation from the Premier League in 2013 despite lavishing enormous sums on new players throughout the last 12 months. QPR brought in the loves of Loic Remy and Chris Samba during the January exchange window within an try to stave off relegation with the latter having been described as receiving wages of A100,000 per week. That has been denied by the membership but Fernandes has mentioned that the QPRas current pay structure is unsustainable. When it had been revealed that Fernandes took out a A15 million mortgage out contrary to the clubas resources last week concerns that the team could be established for an economic crisis whenever they suffer relegation to the Championship were formulated. It had been the first time because he turned majority shareholder in 2011 that Fernandes has borrowed a significant sum of money from the bank. But Fernandes has insisted that the loan will undoubtedly be used as part of the clubas visit a new ground. Fernandes wrote on Twitter on Wednesday: aLoan for QPR is for new stadium. Good news will be hopefully brought by next two weeks. But work is starting. We shall perhaps not say anymore on stadium.a When one of is own Twitter readers said A15m for a brand new ground was anot plausiblea, Fernandes added: aOf course itas maybe not 15. Put in a zero.a The QPR chairman revealed that he hopes to have more news on the clubas search for a new ground within the next number of weeks.
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