Queens Park Rangers owner Tony Fernandes has told the club's supporters to expect a "big announcement" after they secured Premier League survival.

The R's kept their place in the Premier League despite losing 3-2 to Manchester City on Sunday, and Fernandes has vowed to take the club forward.

"I always said it didn't matter if we were up or down but of course the job is much, much easier if you are up. In the next few days we will make a big announcement from my side in terms of the future," he told talkSPORT.

"We have brought in people like [new technical director] Mark Rigg, and Mark and the team have been exceptional, so all the building blocks are coming together and obviously those building blocks are much easier to build when you are in the Premier League."

QPR finished the season in 17th position.