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Badly Run QPR Don't Need Punishment

Discussion in 'Queens Park Rangers' started by QPR999, Aug 26, 2015.

  1. UTRs

    UTRs Senile Member

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    I can't stand looking at that pic Steelmonkey, it brings back too many painful memories...<laugh>
     
    #21
  2. Kilburn

    Kilburn Well-Known Member

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    So is the end of it, we just pay a smaller fine equivalent to the Sterling bonus money?

    Queens Park Rangers escape £50m fine but must pay £8m for fair play breach

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    Queens Park Rangers are fined £8m for breaching Financial Fair Play rules last season.
    By Mark Langshaw, Reporter

    Last Updated: Wednesday, August 19, 2015 at 11:53 UK

    Queens Park Rangers have avoided a potential £50m fine for breaching Financial Fair Play rules in 2013-14, but were ordered to pay a smaller penalty.
    The Football League has docked the club £8m due to irregularities in its financial records, reports The Express.

    QPR recorded losses of £9.8m last season, despite chairman Tony Fernandes and other shareholders writing off £60m in loans.
    Recorded losses reached £65.4m in 2012-13, but QPR's books suggested that expenditure had dipped by £22m the following season.

    After extensive talks with the Football League, the governing body ruled that the fair play breach did not warrant the maximum penalty of £50m and slapped the club with the smaller fine instead.

    http://www.sportsmole.co.uk/footbal...tml?li_source=LI&li_medium=related-box-widget
     
    #22
  3. QPRski

    QPRski Well-Known Member

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    Does any one have any idea when our "verdict" or "punishment" for the FFP will be announced?

    Is it in the order of days, weeks, months, or potentially years?

    Any insight would be much appreciated. Many thanks!
     
    #23
  4. sb_73

    sb_73 Well-Known Member

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    Nice basement conversion Steel. I hope you had it tanked properly so your gimp doesn't get damp.
     
    #24
    UTRs likes this.
  5. aqualung

    aqualung Well-Known Member

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    Pay the fine out of the Sterling money as you say, and still a million or so in profit!! Happy days!
     
    #25

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