Queens Park Rangers co-chairman Tony Fernandes has admitted there is "light at the end of the tunnel" when it comes to relocating the club.

The Hoops chief was part of a group, which included the deputy mayor of London James Murray to start work on the country's largest regeneration project at Old Oak Common in Ealing in September.

The plot will become home to 605 affordable homes, with Fernandes hoping to build a new stadium nearby too.

And, speaking to TalkSport's Hawksbee & Jacobs show this week, Fernandes believes the club are making headway.

He said: "We need to have a bigger stadium.

"But building a stadium in London is harder than starting an airline! I do see some light at the end of the tunnel. Old Oak is progressing, we'll use some of those profits from Old Oak to help us on the stadium, we've broken ground on 600 units, that's the first development.

"It's special for us in terms of Old Oak, we're not property developers, we just want to make a bit of money to build a stadium, so we're quite keen on as much low cost housing as possible, that will benefit a lot of our fans and we'd like to create a lot of jobs around that area and use our stadium to create jobs, so it's kind of a different approach."

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