Last updated on .From the section QPR

Tony Fernandes bought out previous majority shareholders Flavio Briatore and Bernie Ecclestone to take control of QPR in 2011

Tony Fernandes has said his time as co-chairman of Championship club QPR is "fast coming to a close".

Fernandes took over at the west London club in 2011 and has been co-chairman with majority shareholder Ruben Gnanalingam since 2015.

But his spell has been controversial and last month saw QPR fined £17m as part of a £42m settlement for breaching Financial Fair Play rules.

Fernandes said on Twitter that he always believed in "being transparent".

The Malaysian businessman, who founded airline AirAsia, has been a regular presence on social media but suggested that would be changing.

He said: external-link "Twitter will be an endless debate. Right or wrong it's how I am. From Crisis in AirAsia I have always believed in being transparent. But my time as chairman is fast coming to a close."

Rangers are controlled by Fernandes and Gnanalingam, with Kamarudin Bin Meranun and the family of Indian steel magnate Lakshmi Mittal also holding stakes.