Cheers dude! I don't wish these kind of fines on any football club tbh, I was just curious how the Reading debt fitted into the grand scheme of things.
Something else that needs to be addressed is the step the other way, i. e., the so called "Champions" League. The amount of money these teams receive is ridiculous. Malmö (Sweden) finished bottom of their group, but have pulled in exponentially more money than any other club in Sweden. Probably more money than all of the clubs put together. The chances of any club competing with them for the title next year is an impossibility. I'll be putting all my pocket money on them, even at even money. 100% interest on a nine month loan.
As has been said before, football has the economics of the madhouse and, no doubt, we will be held up as a shining example of this lunacy. TF went into all this with eyes wide open and exacerbated things by gambling everything on players like Samba and Remy keeping us up. It failed dismally and he can have no complaints if we find ourselves relegated at the end of this season and facing oblivion. As you say Totally, the Champions League has skewed the domestic leagues in Europe into a virtual closed shop of 'Haves' and 'Have Nots', and FFP will ensure the 'Have Nots' never get to join the party...
Interesting comment from Tony Incenzo: @GlennMoore7 QPR didn't go bust in 2001. It was administration not liquidation & debts were repaid in full @GlennMoore7 QPR went into administration in 2001 as the then chairman ran out of money. That is unlikely to happen now - esp with Mittals
Newspapers don't employ proper subs any more. They just allow rich people's children to do unpaid internships.
I think if you haven't already, you should read this one article. It will settle a few nerves. The headlines like "QPR could be relegated to the football League", "QPR face points deduction" blah blah blah is all a load of bollocks. For starters the Premier League have already said they will not co-operate with the Football League in terms of sanctions as they aren't fit for purpose. Then there's the fact, as eluded to in the article, the FA have already changed the law and punishment in terms of FFP since we won promotion. The law of the land states that if any law is changed, then a person/group can only be punished by the new law and not the old one. So the amounts being touted are rubbish. I've seen a few moaning about TF being two faced for signing up to FFP but refusing to pay. Well as far as I know all clubs voted for it in principle, but this was before the punishment and fines were worked out. So this is why we and half of the other clubs are now saying they'd fight it. But there really is no reason to be worrying about this as it will not be settled for a very long time.
The transfer ban for Leeds, Blackburn and Forest is now official so the FL are clearly intent on playing hardball: http://www.theguardian.com/football...m-forest-financial-fair-play-transfer-embargo Our numbers are going to be so much bigger than anyone else's that I can't forsee a situation where they won't try to make an example of us. Personally I think the club should go straight to the lawyers rather than trying to negotiate. Generally, in terms of the much vaunted 'fairness', financial constraints only make sense if applied universally in the professional game and as a fixed sum rather than a percentage. You can really see Abramovitch signing up for that can't you.
