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FFP dispute expected to be resolved by commission

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  • Stanley
    Guest
    • Mar 2009
    • 23693

    #1

    FFP dispute expected to be resolved by commission

    Rangers are challenging the legality of the Football League’s Championship FFP rules, under which the club face a massive fine for losses recorded during the 2013-2014 financial year.

    Promotion to the Premier League was achieved that season, but relegation the following year left QPR open to a potential fine of more than £50m. Despite several subsequent reports of an imminent deal between the two parties, legal arguments have failed to resolve the issue.

    Full story: http://www.westlondonsport.com/qpr/q...ispute-latest?
  • Fordy
    Silver Seat
    • May 2011
    • 4281

    #2
    Any legal bods know if this is good or bad news?!

    Comment

    • Hertford Hoop
      W12 Seat
      • Mar 2009
      • 15998

      #3
      Originally posted by Fordy
      Any legal bods know if this is good or bad news?!
      It's rarely good news for QPR
      I blew a lot on vodka and tonic, gambling and fags. Looking back, I think I overdid it on the tonic. - The one and only Stanley Bowles

      Comment

      • Stanley
        Guest
        • Mar 2009
        • 23693

        #4
        I'd have thought it'd be preferable if a deal could have been reached between each side without it needing to go before a commission. You can see it dragging on even further now with appeal after appeal etc.

        Comment

        • James1979
          Silver Seat
          • Mar 2009
          • 4857

          #5
          I find this whole ruling for being punished just because we've got rich owners ridiculous. No one rich wants to a club in grimsby, Huddersfield etc. but that's there problem. London is popular for good reason but we also face competition from numerous other London clubs.

          That being said by the rules our argument about being committed to Prem contracts is sound if we hadn't spent money on new players like Austin.

          Comment

          • West Acton
            CCG
            • Dec 2009
            • 21475

            #6
            Good news in my book. Club have stood their ground and not given an inch. Can't imagine we would not have done a deal had we known we were not on a solid footing.

            Comment

            • dogsrrs
              Gold Seat
              • Mar 2013
              • 6671

              #7
              This ruling seems to be bullied boy tact ticks in our case just because they can, when you take into account we fell foul of their ruling after we had left the championship before the the rule came into force and had committed to giving players their contracts

              Comment

              • brightonr
                Banned
                • Mar 2009
                • 10922

                #8
                I'm assuming it's good news, in as much as the owners won't bow to the FL's heavy handed tactics.

                From a common sense point of view, we couldn't simply rip up contracts, so didn't have the opportunity to comply properly. The only way of coming close was to do what they did and write off debt, so actually we did only lose the £9.8m. That's what the accounts will show, so good luck to the FL with challenging that one.

                Besides, FFP has actually nothing at all to do with "fair play" as everybody is aware. Nothing fair about the wealthy clubs being able to spend more than the less well off, in order to maintain their positions in the higher divisions. It was brought in to stop clubs overspending and risking their existence like Portsmouth. If the owners want to write off losses that they themselves caused with their own stupidity, then fair play to them for doing the right thing. They are the only losers, just as they should be.

                The FL have backed themselves into a corner IMO, with their very ill advised approach to the whole matter, not least about declaring that they will force us to pay or risk being demoted from the league. Currently having to attempt to save face under pressure from the other clubs that have suffered from their ridiculous rules.

                Comment

                • Jimmy Floyd Rabbit
                  Gold Seat
                  • Sep 2012
                  • 8957

                  #9
                  I see goody two shoes Bournemouth have been fined £7,000,000 for FFP irregularities.

                  Don't see the press slamming them like they do us for every single misdemeanor.

                  Comment

                  • West Acton
                    CCG
                    • Dec 2009
                    • 21475

                    #10
                    Originally posted by Jimmy Floyd Rabbit
                    I see goody two shoes Bournemouth have been fined £7,000,000 for FFP irregularities.

                    Don't see the press slamming them like they do us for every single misdemeanor.
                    If and when Leicester drop their due a fine too

                    Comment

                    • lymehoop
                      Gold Seat
                      • Mar 2009
                      • 7380

                      #11
                      obviously the fine the FA wants to impose on us is severe
                      I must away now, I can no longer tarry
                      This morning's tempest I have to cross
                      I must be guided without a stumble
                      Into the arms I love the most

                      Comment

                      • davieqpr
                        Silver Seat
                        • Mar 2011
                        • 2804

                        #12
                        The Bournemouth fine should have been a lot higher. Seems an agreement was reached.

                        Comment

                        • Stanley
                          Guest
                          • Mar 2009
                          • 23693

                          #13
                          Originally posted by Jimmy Floyd Rabbit
                          I see goody two shoes Bournemouth have been fined £7,000,000 for FFP irregularities.
                          Originally posted by West Acton
                          If and when Leicester drop their due a fine too
                          Originally posted by lymehoop
                          obviously the fine the FA wants to impose on us is severe
                          Only an inherently unfair system can penalise the relatively poorer clubs but leave the wealthy clubs well alone.

                          Comment

                          • hal9thou
                            Silver Seat
                            • May 2012
                            • 4258

                            #14
                            Originally posted by Stanley
                            I'd have thought it'd be preferable if a deal could have been reached between each side without it needing to go before a commission
                            You're not kidding. I think the best perspective on this (and much else re the running of the club) was this excellent financial overview, compulsory reading for anyone with an interest on the financial side.

                            Comment

                            • Stanley
                              Guest
                              • Mar 2009
                              • 23693

                              #15
                              QPR hope to call in the third men to decide Financial Fair Play fine row

                              Talks have ground to a stalemate over any fine Rs should receive from the Football League - and a second body looks set to arbitrate and provide a solution. Rangers potentially face the same fate as Fulham who spent more than they earned as a Premier League side and have only just seen a transfer embargo lifted.

                              However, Rs have campaigned vigorously they were hamstrung by a wage bill they could do nothing about following a yo-yo three seasons up and down the Championship...

                              Full article: http://www.getwestlondon.co.uk/sport...-men-11380889?

                              Comment

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