Queens Park Rangers have appointed Ruben Gnanalingam to work alongside Tony Fernandes as co-chairman.
Gnanalingam, a prominent Malaysian businessman, is a member of Tune Group, which owns 66 percent of the London club.
He will now play a more in-depth role in the day-to-day running of the Hoops, working with new CEO Lee Hoos and director of football Les Ferdinand.
"I have come on board in a more hands-on role to provide Tony with support across various areas of the club," Gnanalingam told the club's official website.
"Working as co-chairmen allows us to commit more time to QPR both individually and as a collective unit, making decisions together whilst focusing on our specific duties.
"We are fully aware of the rebuilding task that is required at the club. It will take time, but -- as a group of shareholders -- we remain 100 percent committed to QPR.
"I am excited and confident about how this relationship will work, as we look to get the club back on a sound footing. I am eager to just get down to work. The time for talking will come later."
In 2007, Forbes Asia ranked him as number 29 in their List of 40 Richest Malaysians with a personal wealth valued at US $215 million.
Fernandes added: "I'm really pleased with the new set-up and confident our individual strengths will enable us to dovetail efficiently in the best interests of the club, providing effective leadership to Lee and Les.
"We know we have a lot of work to do in terms of re-establishing the traditions of QPR, but with two of us working at closer quarters with the senior management team that we have in place at the club, we believe we can create a positive future in the short, medium and long term."
When Fernandes talks short, medium or long term growth for a football club, it remains unclear whether he understands the latter two. Injecting bizarre amounts of money does not add stability to a football club and it's not the first time QPR have been relegated from the Premier League.
Chris Ramsey, who was appointed head coach on a permanent basis on 19 May 2015, signing a three-year contract, now has the job of bringing QPR back into the Premier League. Whether he will get three years to do that remains to be seen, but the club needs stability now more than ever.