Indeed, the owner feels there is a fine line between Leicester's success and QPR's current plight - as they were both new to the Premier League last season.
And Fernandes said: "Look at Leicester. Confidence breeds confidence. Failure breeds failure. Now, we’re in a position where we can do what we want to do. It’ll take us a couple of seasons but we can build an academy where we can go up and then stay up."
The Leicester story will no doubt make QPR fans feel even worse about their current situation.
Had QPR stayed up, they may not necessarily be top of the Premier League but they could have stabilised themselves within the top flight.
The new long-term strategy to avoid further failure has been clearly outlined by Fernandes, however. It should reassure fans - they will know exactly what the club has in mind.
At the same time, though, the pressure will be on if no progress is made. It's okay outlining the aims - but do QPR have the personnel and quality in place throughout the club to make it happen? Leicester are the example to follow...