Former QPR co-chairman Tony Fernandes has left the club after 12 years to concentrate on other business interests.

The Sky Bet Championship club have announced the Malaysian businessman “no longer holds any shares in QPR Holdings Limited”.

Fernandes took over Rangers in 2011 along with Ruben Gnanalingam and Kamarudin Meranun but stepped aside as co-chairman in 2018.

He has now decided to leave the Loftus Road outfit altogether.

“My involvement with QPR has been an incredible period of highs and lows,” Fernandes told the club website, qpr.co.uk.

“I am a passionate person and that means the good times have meant so much but, equally, the tough times have hurt.

“This decision to step away is made with a heavy heart. I would like to thank the supporters who I have experienced the last decade of adventures with.

“I will continue to look out for QPR’s results and wish the board nothing but success for the future.”