Queens Park Rangers chief issues rallying cry
The Super Hoops are currently seven points adrift of safety with eight games to play and have managed a meagre four wins all season.
Their clash with Villa was seen as a potentially decisive game in their quest for survival.
Fernandes admitted that the result hurt the Londoners, but refused to suggest that their fate has already been sealed:
“I sit here in Malaysia feeling miserable. I am down. The fact that I and my other shareholders are feeling so miserable just means we care,” he told the club’s official website.
“We should have won at the weekend and made it easier for ourselves, but we didn’t. So what!
“There are still eight games to go. We beat Chelsea at Stamford Bridge (1-0 on 2 January) and showed against Southampton and Sunderland that we are capable of putting wins together.
“We have scored seven goals in our last three fixtures, so anything can happen.”
QPR have spent big in a bid to secure top flight status for next season, bringing in a number of established players during January.
Loic Remy and Christopher Samba were the most expensive arrivals, with the pair estimated to be earning a combined weekly wage of almost £200,000.
Relegation could be a potentially fatal blow for the Loftus Road side, who will find it almost impossible to sustain such spending in the Championship.