Harry Redknapp to remain as manager of QPR
Harry Redknapp will remain as manager of Queens Park Rangers despite the club's relegation from Premier League.
QPR's fate was confirmed after Sunday's 0-0 draw with Reading.
"I don't think there was a point where he was thinking of not being with us and continuing this project he has embarked upon," club co-owner Fernandes said after a meeting with Redknapp.
"Harry will not be forced to sell any players he wants to keep. We had a very good discussion on this."
Redknapp said leaving QPR had not crossed his mind despite what he called a "disaster" of a season.
"That was never a question. The chairman wants me to stay and I'm happy here," he told BBC Radio 5 live. "It's a good club. I work for smashing people and I want to try to get the club back up next year - that's my ambition."
Redknapp took over the manager's role from Mark Hughes last November, with QPR bottom of the division having taken only four points from 12 games.
The former Tottenham boss, who added striker Loic Remy for £8m and £12.5m centre-back Christopher Samba to the expensively assembled squad in January, had managed to guide the Hoops to just four league wins prior to Sunday.
"It was a difficult job here, let's not kid ourselves," added Redknapp. "I walked into Tottenham when they were bottom of the League but any fool could have got them off the bottom because they had fantastic players. They were just in a position after eight games they shouldn't have been in. It was farcical how they were there.
"I walked into QPR and I don't think anybody could have got them out of the mess they were in - whether it was Alex Ferguson or Jose Mourinho. That's my honest opinion. So it was a difficult job and it will be just as difficult next year to get back into the Premiership.
"We'll give it a real go in the summer and see if we can find a couple of players who can change everything around at the club, change the attitude of the club and get the right types of people in and give it a real go but it won't be easy."
Meanwhile, Fernandes criticised the reaction of some of the squad players following defeats this season.
"It's heart-breaking for me when we lose. I don't want to go out, I just want to stay at home," he added.
"I haven't said it throughout the season because it wasn't right to be said, but it hurt me when I saw some of the players who didn't feel the way I felt.
"And in fact, in their case, it should be worse because this is their job, it's their life. It wasn't a good feeling. It was probably the low point for me when I saw the reaction of some of the players."