Hughes has been the subject of increased speculation regarding his future at QPR following a winless start to the Premier League this season.
But Fernandes took to Twitter to defend his manager and explain that whatever has been written in the press has no truth at all.
He tweeted: “Mark has my backing and the shareholders. We need a little luck and no injuries. What’s written in the press is all rubbish.
“I honestly believe we have one of the best managers in the premier league. And we are in for the long term. Whatever happens. We love QPR.”
Fernandes also pleased with the fans to trust him in on his decision to stick with Hughes through what is a difficult time for the club and welcomed any fans with any questions to approach him at their next home fixture against Reading next Sunday.
“I’ll be there at Reading so Rangers fans I’ll be available to meet and chat. Trust me on this one. Keep the faith. Stability is the key.”
Hughes brought 12 new players in at Loftus Road in the summer, in an attempt to improve on their final day relegation survival last season, but still finds his side bottom of the league with just three points from their opening nine games.
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