QPR chairman Tony Fernandes believes the club have made a "great first step" in their search for a new stadium.

His comments came shortly after the club revealed a major announcement would be made next week that could help turn the club into a "global" brand. It has been suggested Monday's announcement will be about a move away from their Loftus Road home to a new stadium, although there are reports that QPR will unveil a South Korean player.

Press Association Sport understands the club are interested in Celtic midfielder Ki Sung-yueng, while bookmakers SkyBet have suspended betting on Manchester United's Park Ji-sung joining the Hoops.

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