Andrew Howell, Kieron St Aimie and Aaron Goode all signed one-year professional contracts after impressing in the youth team under Joe Gallen, who was later sacked, despite his under 18s winning the league.
[2] Three consecutive fixtures against East Anglian opposition saw Rangers defeated at the hands of Colchester before earning their first win of the season at home to Norwich and salvaging a draw with Ipswich at Loftus Road.
The Christmas and New Year period was largely successful for the club with Rangers bouncing back from a defeat at Plymouth on Boxing Day and picking up wins away from home at second-placed Watford (4–2) and at Loftus Road against fellow strugglers Leicester (3–1).
[4] Continuing the theme of previous seasons a number of loan signings featured for the club including Gavin Mahon, Ákos Buzsáky and Rowan Vine.
The investment potential of the club's new backers resulted in a number of speculative storylines in the football press throughout the season, including rumoured signings of former World Player of the Year winners Luís Figo and Zinedine Zidane, the latter as a possible manager.
Around 6,000 Rangers fans made the short trip to Stamford Bridge on the first weekend in January to see QPR put up a determined effort against their Premier League neighbours Chelsea in the FA Cup third round.
As the January transfer window closed, QPR secured American goalkeeper Matt Pickens and Northern Irish defender Damien Delaney and parted ways with a number of players including Marcus Bignot, Danny Cullip, Nick Ward, Dominic Shimmin, Sampsa Timoska, Shabazz Baidoo, Kieron St Aimie, Stefan Moore and Pat Kanyuka.
Taking advantage of their next league fixture opponents Barnsley playing Liverpool in the FA Cup on 16 February, QPR organised a mid-season training camp to the Vale de Lobo resort in the Algarve region of Portugal.
[14] Continuing their solid home form in which Rangers had lost just once in their previous ten games at Loftus Road and scored 22 goals, the club ran out 3–1 winners against a Scunthorpe side battling relegation.
[16] On 25 March the board announced a five-year kit sponsorship deal with Lotto Sport Italia, which could be worth up to £20 million should QPR win promotion to the Premier League.
[22] Two days later on 5 April, Rangers narrowly avoided a 2–0 home defeat to an in-form Preston side by dramatically scoring twice in injury time at the end of the second half.
Rangers nevertheless continued to contribute to the fate of the Championship's promotion hopefuls, despite being unable to affect their own playoff chances, consigning fellow-Londoners Charlton Athletic to a further season in the second tier after beating them 1–0 at Loftus Road courtesy of Dexter Blackstock.
[28] QPR's final game of the season on 4 May was at home against Championship title hopefuls West Brom, the team whose comprehensive defeat of Rangers in September signalled the end of John Gregory's reign.
Prior to the game QPR unveiled a new badge which was introduced to signify a new era for the club,[29] although newspapers had earlier erroneously speculated that the announcement would reveal Zinedine Zidane as the new manager.
[30] Following a red card for Martin Rowlands, Rangers fell to a 2–0 defeat and suffered the indignity of seeing the Championship title trophy presented to West Brom at Loftus Road.