Queens Park Rangers will look towards their academy to develop players into their first team.
Instead the R's are determined to improve their record at bringing players through from their youth team.
“The academy is going to be the culture," Fernandes said. "If that’s the last thing I do it is going to be that players come through our academy.
“We’re not going to be a buying club. We’re going to be a developing club. We’re going to develop players through the system."
QPR's academy system has not provided the club with any notable talent for a number of years and Fernandes will have his work cut out changing this pattern.
However, this month has been the first indication of just how seriously he is taking their new policy - with spending capped during the January transfer window.
QPR did not provide Harry Redknapp with funds to spend on new players - even though they are competing against the drop - with loans and free transfers targeted.
So far the side have brought in Mauro Zarate on loan from West Ham United, and it does not seem they will be doing too much other business before the window closes.