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Message
QPR to fight Football League FFP rules
Posted on 5/11/15 at 9:36 am
Posted on 5/11/15 at 9:36 am
LINK
They are so fricked. They had to stay up to avoid this esp with the strict rules for the lower leagues.
Thier mismanagement going for broke to get back to the EPL and buying a whole lot of older players has backfired.
quote:
QPR – whose relegation to the Championship was confirmed when they lost 6-0 to Manchester City on Sunday – filed accounts in March showing a loss of £9.8m during their last season in the Football League.
But that figure was reached by writing off loans of £60m, a move that might not be permitted under Financial Fair Play (FFP) regulations.
The club could have a fine of £58m hanging over them if they are found guilty of breaches, but it is possible QPR could be kicked out of the Football League altogether if they don't pay up, and have to start life again in the Conference.
quote:
Clubs that are still within the Football League that break FFP rules can be punished with various sanctions, including the deduction of points and transfer embargoes restricting further activity.
However, the only means with which to provide a deterrent for those clubs promoted outside of the Football League was to fine them.
There is no precedent for a club in QPR’s situation returning to the Championship and Football League chief executive Shaun Harvey has refused to rule out the prospect of QPR being kicked out of the professional game if they do not pay the fine
quote:
Financial expert David Bick told Sky Sports News HQ: "This relates to the season before last when they eventually recorded losses of £65m and that included some £41m spent on player transfers – a horrendous loss at that level of football. And that is what will be the subject of Football League sanctions."
quote:
Let's assume, let's say, a £50m fine. In the Championship they will have a parachute payment," he said. "But they'll immediately be hit by a loss of £65m, £66m from not being in the Premier League, from just the media rights.
"Add on to that a loss of season ticket sales, ticket prices will have to go down, merchandise sales will be lost, sponsorship income will be lost. Purely on the basis of my estimates, the loss in year one could be £130-150m. It's all cash. It's horrendous.
They are so fricked. They had to stay up to avoid this esp with the strict rules for the lower leagues.
Thier mismanagement going for broke to get back to the EPL and buying a whole lot of older players has backfired.
This post was edited on 5/11/15 at 9:38 am
6
Posted on 5/11/15 at 10:02 am to StraightCashHomey21
quote:
QPR to fight Football League FFP rules
Yeah, I bet they are...
Posted on 5/11/15 at 10:02 am to StraightCashHomey21
Wow I knew it was bad there but not that bad. With the way their roster was set up and the impeding fire sale I was fully expecting them to be in contention to be relegated from the championship next season and now that might not even happen
Posted on 5/11/15 at 10:04 am to StraightCashHomey21
That's what happens when you fire 'Arry
Posted on 5/11/15 at 10:08 am to PeepleHeppinBidness
Harry Redknapp strikes again 
Posted on 5/11/15 at 10:24 am to StraightCashHomey21
They should take it to court
Posted on 5/11/15 at 10:34 am to PeepleHeppinBidness
I thought 'Arry had knee problems and had to resign to fix that knee. Probably because he couldn't run fast enough from that dumpster fire.
Posted on 5/11/15 at 12:01 pm to Draconian Sanctions
quote:
They should take it to court
Im pretty sure they agreed to the rules when they were in the Championship before.
Its not like they had no idea about these rules and were in the EPL for like 7 years.
Posted on 5/11/15 at 12:05 pm to StraightCashHomey21
quote:
Im pretty sure they agreed to the rules when they were in the Championship before
link?
quote:
Its not like they had no idea about these rules and were in the EPL for like 7 years.
You can't challenge the legality of something just because you don't like it. You have to wait until you have standing, which QPR now has. Of course I don't know the nuances of standing in the EU but I doubt it's dramatically different than here.
This post was edited on 5/11/15 at 12:05 pm
Posted on 5/11/15 at 12:19 pm to Draconian Sanctions
quote:
link
Clubs still have to agree to and keep to league rules if they want to participate in the competition. Regardless if they vote yes or no on an issue.
Posted on 5/11/15 at 12:28 pm to StraightCashHomey21
quote:
Clubs still have to agree to and keep to league rules if they want to participate in the competition
Ok so they "agreed" because they had a gun to their head
Posted on 5/11/15 at 12:36 pm to Draconian Sanctions
Well its play by the rules or don't play and loose even more money.
Break the rules pay the price
Break the rules pay the price
Posted on 5/11/15 at 12:38 pm to StraightCashHomey21
quote:
Well its play by the rules or don't play and loose even more money.
you can't just make a rule that contradicts EU law and say "Well its play by the rules or don't play"
Posted on 5/11/15 at 1:05 pm to Draconian Sanctions
quote:
Of course I don't know the nuances of standing in the EU but I doubt it's dramatically different than here.
Its expanded in antitrust situations. A petition for redress would likely be filed under that legislation and so QPR could bring a collective redress action (similar to a class action) in which they would be allowed standing even though the other members of the class were the ones who would have traditional standing under the English common law.
Remember, the EU is actually very different than the Anglo common law. Their legal system is based on a much older Roman civil law tradition. They even have redress in which a judge can issue a holding on the legality of a partial dispute, which would be another viable route in any dispute between QPR and UEFA. It wouldn't include a judgment of damages but it basically is a legal holding that warns one party they are doing something incorrectly and that if there are damages they'll likely lose any resulting litigation. It's an attempt to solve problems before they become an expensive drawn out litigated disaster.
Posted on 5/11/15 at 1:17 pm to BleedPurpleGold
Love European soccer, but the financial rules that are in place are whacky and overly complex.
Posted on 5/11/15 at 2:14 pm to lynxcat
i had no idea QPR was in that kind of shape
this is a much more worrisome example than man city's
QPR is trying to make hte top flight and have a team that keeps them there, to share in the financial gains...but if they come up just short, they get double-punished for TRYING to emerge from the depths of hell
man city is trying to go from mid-tier to elite, which rustled jimmies
QPR is just trying to go from nothing to mid-tier, and that is proving to be very difficult if not impossible
this is a much more worrisome example than man city's
QPR is trying to make hte top flight and have a team that keeps them there, to share in the financial gains...but if they come up just short, they get double-punished for TRYING to emerge from the depths of hell
man city is trying to go from mid-tier to elite, which rustled jimmies
QPR is just trying to go from nothing to mid-tier, and that is proving to be very difficult if not impossible
Posted on 5/11/15 at 2:30 pm to SlowFlowPro
quote:
QPR is just trying to go from nothing to mid-tier, and that is proving to be very difficult if not impossible
For QPR, yes.
But we've listed many other examples ad nauseum in these threads of clubs abiding by FFP and a sustainable structure and not only progressing, but doing so at shocking pace.
That's all I'll say for this one. We all get too wrapped up in these threads that never end. No one's opinion is changing, which is fine. To each his own.
Posted on 5/11/15 at 2:36 pm to SlowFlowPro
QPR is a yoyo club
Yoyo clubs when probably managed get the parachute money and are fine
Yoyo clubs when probably managed get the parachute money and are fine
Posted on 5/11/15 at 4:50 pm to StraightCashHomey21
DS are you posting in the reddit thread about this
holee shite thats def you trying to argue about United going into admin
holee shite thats def you trying to argue about United going into admin
This post was edited on 5/11/15 at 4:55 pm
Posted on 5/11/15 at 5:11 pm to StraightCashHomey21
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