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QPR could face fine of up to £47m if they get promoted (FFP)
- Thread starter shaolinpunk
- Start date
Pavilionaire
Well-known member
- Jul 7, 2003
- 30,588
It is clear from Tony Fernandes comments that he and the board would have spent a SHEDLOAD of money regardless of whoever was manager.
The other clubs? No.
The FL? Yes, I think it would. AND, one would think that those clubs that might sue the FL are quite likely to be those that have shouted longest and hardest about the importance of FFP, take every opportunity to state how how hard they are trying to comply, have publicly said on several occasions how much they hope the FL do clamp down on FFP transgressors and have previously shown that they take honouring contracts very seriosuly (say, by dismissing an ex-manager by way of gross misconduct, rather than by just doing a quiet side deal).
I would fully anticipate that in the event that the FL don't enforce the FFP sanctions, BHA and TB will take some form of action.
seagullsovergrimsby
#cpfctinpotclub
I was under that impression too but cannot find any reference to it now , unless it is buried somewhere in the small print after they altered how any fines would be distributed because the Premier League doesn't like it.
Blue Valkyrie
Not seen such Bravery!
I read that too, but maybe it was just a myth posted previously on NSC.
English football really is ****ed up isnt it? How on earth has the game got to the state where a 2nd tier club pays more than a team which got to the CL final? And where finishing 16th in the top flight is preferable to winning a knock-out trophy?
HAILSHAM SEAGULL
Well-known member
- Nov 9, 2009
- 10,347
Probably applies to Prem clubs coming down, but not if they have gone up since FFL came into force, eg QPR if they go up this year but when they come down they are liable.
Only guessing though
Only guessing though
http://www.financialfairplay.co.uk/...r-play-rules-introduced-into-the-championship
Though that was from 2012.
And as late as last november, when it was known the fines were likely to go to charity, Paul Barber was under the impression QPR were exempt:
Any club relegated from the Premier League will be exempt from the rules for one year - it will then have to comply fully or face a transfer embargo. It is probably this rule that will worry Premier League clubs the most as it makes it more risky for a club to spend heavily in an attempt to 'bounce-back' immediately. There are a number of exclusions in the new rules, but Premier League clubs will have noticed that the cost of servicing existing debt is not amongst them. Some clubs, such as Aston Villa and Bolton, routinely pay around £5m a season to pay interest on their debt; the new rules will make life in the Championship particularly uncomfortable if the can't escape in the first year after relegation.
Though that was from 2012.
And as late as last november, when it was known the fines were likely to go to charity, Paul Barber was under the impression QPR were exempt:
seagullsovergrimsby
#cpfctinpotclub
One of the annoying things about the internet is that you can never find something you read online about six months ago unless you're prepared to spend a couple of hours searching for it again
And then [MENTION=12595]Acker79[/MENTION] finds it in 5 minutes flat
I think it's all going the ex-managers benevolent fund.
father_and_son
Well-known member
I don't believe this is the case (the club signed up to the T&Cs while in the FL, so will have continuing legally enforceable obligations even after promotion), but the FL should retain the right to refuse entry to any club who doesn't immediately settle their fine. Should any club owing fines to the FL be relegated from the PL, they would be excluded entry to ANY FL controlled division and have to apply to play in a lower division - then, assuming they won that league in the next season, they would still be refused entry to the FL and so be unable to progress upwards. The ban should remain in force for one full season after the debt is cleared, so they cannot just pay at the last minute when they know they are relegated, but have to plan ahead!
I thought Rosie was the crook?
You're barking up the wrong tree.
RowleyBirkinQ.C(deceased)
New member
I know you're right, but I can't help imagine Redknapp rubbing his hands together like Fagin
They have the 9th highest wage bill in the UK, that's what happens if you don't have anyone keeping Redknapp in line.
Levy did a fine job.
I know you're right, but I can't help imagine Redknapp rubbing his hands together like Fagin
Its a dream come true for him, A clueless chairman who happens to be very very rich.
Doc Lynam
I hate the Daily Mail
- Jun 19, 2011
- 7,201
Harry allowed to work his magic again!
The Loftus Road side's overall debt increased to £177.1m, up from £91.4m in the 2012 accounts.
I know its the chairman that gives the go ahead but if that debt is passed onto the club! I'm amazed Harry doesn't show more duty of care when it comes to the books.
http://www.bbc.co.uk/sport/0/football/26468560
The Loftus Road side's overall debt increased to £177.1m, up from £91.4m in the 2012 accounts.
I know its the chairman that gives the go ahead but if that debt is passed onto the club! I'm amazed Harry doesn't show more duty of care when it comes to the books.
http://www.bbc.co.uk/sport/0/football/26468560
del strangefish
Well-known member
Money well spent.
KZNSeagull
Well-known member
You are right but only if they are not promoted straight back up.
My understanding is that if QPR are promoted this season with those losses, they will receive a fine. If they stay down, they will not be subjected to a transfer embargo next season. But they will the following season if they are still down with those losses, or indeed not been relegated to League 1.