Gianni Paladini is no longer QPR chairman and the club’s new-look board are to discuss his future in the coming days.
Paladini was Rangers’ longest-serving chairman since Jim Gregory, having held the position since 2005.
Paladini’s position as club chairman has not been affected by a number of changes to the company board in recent years, but this time around he has not survived the cull.
Fernandes is this week taking soundings from Bhatia with a view to announcing a restructure of the club in the near future.
But the decision has already been taken to strip Paladini of the title he has held since prevailing in a boardroom coup six years ago.
Paladini, who is still under contract, has always been seen by the Mittal family as someone with a contribution to make because of his experience in the game.
But disagreements between the controversial Italian and Bhatia’s trusted friend Ishan Saksena caused acrimony prior to Saksena being removed as company chairman and managing director in May.
He will also no longer be used as a bridge between the manager and board, which became his primary job under the Flavio Briatore-led regime.
Paladini’s function as a meeter and greeter, which he has retained by virtue of being the only QPR director who attends every match, also hangs by a thread, with a number of alternatives for the role already being considered.
The Fernandes-led restructure will include the appointment of Philip Beard as chief executive.
Beard, a senior member of the successful London 2012 Olympic bid team and former CEO of The O2, will formally start work once Premier League approval is received.