I was commenting on the current situation with QPR paying big wages, I'm sure you could drag up poor financial management from the past with a lot of clubs. :yawn:
FFP was not in place when we got promoted but if it had been we would have done ok,We got promoted on a smaller budget than the teams around us at the time (apart from dodgy loans Watford) Final table and wages paid-
Cardiff - £32.8m
Hull - £25.9m
Watford - £12.8m
BHA - £21.0m
CPFC - £18.8m...
I think your 'reliable source' has Palace mixed up with money no object QPR, Fingers crossed they get relegated again and the football league deal with them severely over FFP.