QPR Director of Football Les Ferdinand says that the club may need to sell players in order to buy their top targets.
Ferdinand has been working closely with manager Ian Holloway and recruitment consultant Gary Penrice to identify their targets for the summer, and the former-premier league striker says it could be another summer of wholesale changes.
Speaking to the club's official website ahead of flying to meet the club's owners with Holloway and CEO Lee Hoos, he said:"We have to be realistic about where we are, and do everything we can to ensure we achieve value for money on any transfer business.
“We are working to a tight budget so in order for us to go out and buy players, we may need to sell to raise funds.
“We’ve got targets and we have a board meeting later this week which will give us a clearer picture of how we will move forward.”
The club have made a number of changes over recent years, but Ferdinand is insistance that he is looking for consistency in the playing squad moving forward.
He said: “For a while now I have been talking about the need for stability.
“In the first year I was here we had 13 or 14 players leave, so we had to replenish.
“That’s never an ideal situation or what you want to be doing. I want us to get to the stage where we are only having to add one or two. We are not at that stage yet and, if the funds are available, we will probably be looking to do a little more than that this summer.”
The transfer window is now open until the end of August and Ferdinand believes it is during this period that his role is crucial, as he looks to future proof any investments the club makes.
He said: “We are looking at targets all the time, and speaking with the manager on a daily basis.
“He has come in, he’s assessed the squad and identified where he wants to strengthen, and told us the type of players he likes and those that he believes can move the club forward.
“We all have our ideas and our input. It’s not just about now and the manager, but it’s for the future as well - that’s the whole point of the position I am in.
“We can’t base our decisions purely around the manager. We brought Gary Penrice in as a recruitment consultant. That was a QPR appointment with the manager’s blessing. I’ve been trying to bring Gary in for a while, and thought I had him at the start of this season at one point – he came to one of our first games. But Ollie coming in obviously helped us get that one across the line.
“Whatever work we do during this window, we have to make sure we make the best decisions for the club.”