The Hoops made 12 signings during the summer transfer window, including big names such as Julio Cesar and Esteban Granero, prompting Mark Hughes to talk about a possible top-half finish.
“Holiday today in Malaysia. Went early Xmas shopping. But all I want is three points. Hehehehe,” Fernandes wrote on Twitter.
“It has been nothing short of a disaster. It is not where we are. But boy we put so much effort into this. Good honest effort.
“Keep your spirits up. Laughing, smiling and being positive helps. Won’t leave any stone unturned to try fix this. Tough as it is.
“Hopefully Santa gives us some early presents.”