QPR will feature in the second tier of English football next season after failing to finish above the bottom three in the Premier League this season.
Redknapp, who stepped down as the Rangers manager midway through the 2014-15 campaign due to problems with his knee, believes that the club can now build a younger team.
“QPR are actually quite lucky - although it might not seem so right at this moment in time,” the former Tottenham Hotspur boss wrote in The Sun.
“But the fact the club has nine players out of contract this summer is a blessing as they face up to relegation and, more importantly, the task of promotion next season."
Redknapp goes on to suggest that releasing the players who are out of contract will allow room for younger players to come in.
The Englishman also believes that because of the players leaving, QPR will have the chance to make “room to sign the two types of player you need in any promotion campaign in the Championship”: the seasoned pro and the raw hungry kid.
Redknapp does make some very good points, especially about many of the ageing players leaving QPR in the summer transfer window.
QPR do have a massive task to rebuild the team and challenge for promotion to the Premier League.
The Championship is a very tough league, and there is no guarantee that Rangers will finish in the top six, let alone the top two.
Relegation from the Premier League is never good, and while it does give the London outfit the chance to shake things up, they cannot afford to stay in the Championship for more than a year if they want to establish themselves in the English top flight.