Queens Park Rangers have appointed Amit Bhatia as their new chairman, with co-chairmen Tony Fernandes and Ruben Gnanalingam stepping aside.
Fernandes, who founded airline AirAsia, has been with the Championship club since first taking over in 2011.
"It's time for the club to have a chairman who is based in London," said the Malaysian businessman.
Bhatia will work alongside chief executive Lee Hoos, who is looking to move the club away from Loftus Road.
Former vice chairman Bhatia will swap roles with Gnanalingam and also chair the club's trust.
More to follow.
Source: bbc.com