Rangers are looking to cut their costs for next season, as they look to cope with life in the Championship.
The R’s have already released seven players, and more members of their first-team squad could be sold in the upcoming weeks.
However, Hoos insists that Hasselbaink still has the funds available to him to create a team capable of competing.
“Jimmy can go with a squad that’s smaller but pay them more - that’s his call,” the chief executive explained.
“It was a bit like that a Burnley. But there were two things at Burnley: a great reliance on sport science and the medical department to keep the players up and running and in good condition, and two: we didn’t get a lot on non preventable injuries: it was a combination of skill and luck.”
Hasselbaink has already expressed a desire to make QPR’s squad younger, and assemble more British talent at Loftus Road.
The Dutch boss’s signings so far have all been from lower levels, which suggests that QPR’s strategy in the transfer market is set to change this summer.
Rangers have already been linked with the likes of Wycombe Wanderers’ Aaron Pierre and Huddersfield Town’s Joel Lynch.
Rangers are also set to allow Leroy Fer and Sandro, two of their current top earners, to depart.
Meanwhile. QPR have offered Junior Hoilett a new contract, but the Canadian international is yet to commit his future to the London club.