The current logo was introduced by former QPR chairman Flavio Briatore at the end of the 2007/2008 season.
Fernandes became chairman in August 2011 and has tweeted, ‘I can confirm to all QPR fans that we will look at updating our badge for 2015 season.’
He added, ‘Feeling is it will be based on old logo. Will get all your views.’ Fernandes says the new logo design will be in place by the end of February.
The club has confirmed that this is accurate and that a redesign will take place following a period of engagement with fans but says a firm plan is not yet in place.
The club’s marketing department will manage any design development and the club says it does not yet know whether it will design in-house or work with consultancies.
In October last year Permier League club Everton chose a new crest after consulting with its fans following the redesign of this season’s badge, which had been designed in-house and met with criticism from some supporters.
Last year fellow Premier League club Crystal Palace introduced a new crest that was both chosen and designed by fans.