QPR

[RedJ]

http://www.itv.com/sport/football/article/2014-09-09/qpr-could-be-demoted-to-conference-unless-they-pay-40m-for-breaching-financial-fair-play-rules/

It'll never happen, but this is an interesting one.

[glosterred]

As you say it will never happen, but I might have a smile on my face if it did

COYR

[keith79]

how much did we lose last season?

[Mr1Croft]

In May, QPR chairman Tony Fernandes said the club would fight any fine. He said then: ""Will we fight the fine? What do you think? After all we've been through, it's my middle name - 'Fight It' Fernandes.

"My view has been consistent, that it is very unfair for a club that has been relegated as the wage difference -between the Premier League and -Championship is impossible. There should be a time period for clubs to rectify their salaries.

"If we were in the Championship in two years with that wage bill it wouldn't be right. I'm in favour of FFP but it is unfair for a club coming down."

Parachute payments exist for that very reason...

I would seriously hope they are made to pay back every penny, not enforcing will just set a dangerous precedent.

[bedale rover]

In May, QPR chairman Tony Fernandes said the club would fight any fine. He said then: ""Will we fight the fine? What do you think? After all we've been through, it's my middle name - 'Fight It' Fernandes.

"My view has been consistent, that it is very unfair for a club that has been relegated as the wage difference -between the Premier League and -Championship is impossible. There should be a time period for clubs to rectify their salaries.

"If we were in the Championship in two years with that wage bill it wouldn't be right. I'm in favour of FFP but it is unfair for a club coming down."

Parachute payments exist for that very reason...

I would seriously hope they are made to pay back every penny, not enforcing will just set a dangerous precedent.

Ditto

[Dagenham Rover]

Snap

[aidanstu]

It will be used as another reason the FA want a premier league franchise.

[RobTheRover]

how much did we lose last season?

We didnt lose anything, Keith.  The in-year deficit was budgeted for, was well within FFP boundaries, and was covered by Dick and Terry.  The actual amount will be in the accounts released next year.

[The Red Baron]

In May, QPR chairman Tony Fernandes said the club would fight any fine. He said then: ""Will we fight the fine? What do you think? After all we've been through, it's my middle name - 'Fight It' Fernandes.

"My view has been consistent, that it is very unfair for a club that has been relegated as the wage difference -between the Premier League and -Championship is impossible. There should be a time period for clubs to rectify their salaries.

"If we were in the Championship in two years with that wage bill it wouldn't be right. I'm in favour of FFP but it is unfair for a club coming down."

Parachute payments exist for that very reason...

I would seriously hope they are made to pay back every penny, not enforcing will just set a dangerous precedent.

You're quite right- that's what Parachute Payments are there for. However, clubs see them as just another income stream to be spent on players' wages and transfer fees- like the rest of the income streams!

My concern would be that if the FL makes a stand then the Premier League may see it as an excuse to abandon automatic promotion and relegation and introduce a franchising system.

[Al4475]

Strange one - parachute payments as I believe personally they're awarded the wrong way round - clubs should be given them as a reward for success in getting to the next flight - spend it wisely, once it's gone it's gone and should not be rewarded as a result of relegation to give an advantage to bounce straight back up! Just my opinion of course! Award clubs the money to compete - not rescue overspends chasing dreams!

[boro_rover]

Agree with what you are saying AL, but they are supposed to be used for subsidising the contracts of players signed while in the premier league. However it tends to just get used for signing players that clubs can't really afford - alá Fulham paying 12m for McCormack.

[Mr1Croft]

In May, QPR chairman Tony Fernandes said the club would fight any fine. He said then: ""Will we fight the fine? What do you think? After all we've been through, it's my middle name - 'Fight It' Fernandes.

"My view has been consistent, that it is very unfair for a club that has been relegated as the wage difference -between the Premier League and -Championship is impossible. There should be a time period for clubs to rectify their salaries.

"If we were in the Championship in two years with that wage bill it wouldn't be right. I'm in favour of FFP but it is unfair for a club coming down."

Parachute payments exist for that very reason...

I would seriously hope they are made to pay back every penny, not enforcing will just set a dangerous precedent.

You're quite right- that's what Parachute Payments are there for. However, clubs see them as just another income stream to be spent on players' wages and transfer fees- like the rest of the income streams!

My concern would be that if the FL makes a stand then the Premier League may see it as an excuse to abandon automatic promotion and relegation and introduce a franchising system.

I see your point, but the fact is that QPR received £23 Million last season in a single parachute payment (equivalent of over £442,000 a week) on top of their usual income. If as a result they have failed to keep spending in line with FFP then they should be punished.

If as a result the PL wants to cut its ties with the FL over a policy which has come from UEFA (Albeit adopted and enforced by the FL) then we have to ask if it really is a bad thing. Even with FFP the rise of BT competing with Sky and overseas broadcasting ever increasing the trend only suggests that the Television revenue will always continue to grow meaning more inequality between the FL and PL in years to come. In terms of competitiveness we have already begun an era where it is the same clubs that are relegated and promoted with only a few exceptions which have mainly been down to a huge injection from owners (with the possible exception of Norwich and Swansea).

[Muttley]

how much did we lose last season?

We didnt lose anything, Keith.  The in-year deficit was budgeted for, was well within FFP boundaries, and was covered by Dick and Terry.  The actual amount will be in the accounts released next year.

I take it you're not an accountant Rob

There will be a loss reported in the next set of accounts or else I'm Father Christmas.

I'd imagine it will be of the order of £3-4million like in other years.

[not on facebook]

I hope qpr go  To the Wall

[Dutch Uncle]

I hope qpr go  To the Wall

Groundsharing at the New Den - now there's an idea Oslo 

By the way have anyone seen Harry's comments? '30M for everyone to spend would be Fair Play' Trouble is I can't make up my mind if he is serious or not.

[not on facebook]

I hope qpr go  To the Wall

Groundsharing at the New Den - now there's an idea Oslo 

By the way have anyone seen Harry's comments? '30M for everyone to spend would be Fair Play' Trouble is I can't make up my mind if he is serious or not.

Your far too quick on the uptake fella

[PDX_Rover]

Fundamentally I don't agree with parachute payments. It's like rewarding somebody for being shite, for failing.

I can see the attraction as a golden ticket for smaller clubs who, if they get to the premier league, and even if they are relegated, can get a windfall that might allow them to kick on as a club to another level. I get that.

But surely, it should be down to clubs to cut their cloth accordingly if they are relegated. Put it this way, if you are in a high paying job but and have a nice car, lovely house and so on, but then you lose your job, and have to take a lower paid position, you have to make adjustments in your spending.

[DonnyBazR0ver]

Parachute payments in themselves show there is an admission that the pay structure in the Premier League is unsustainable.

Harry is one of the main protagonists of signing players on over-inlfated wages and doesn't give two monkeys about the consequences. Except the monor inconvenience that he can't get rid of Shaun Wright-Phillips as no club can match the £60k week wages he's on.

Whoever hires Harry Redknapp had better have very deep pockets and a very generous bank manager.

I'm sure sooner or later. the truth of the financial situiation will hit QPR big time. This battle over the £40m fine might bring it all to the surface.   

[hoolahoop]

A ridiculous situation that should never have arisen.
Pay up QPR, this sort of poor financial management was the very reason why the FFP rules were introduced in the first place.ie to combat over-expenditure.
There are other clubs looking over their shoulders I'm sure........

[Filo]

Harry seems to think it's unfair they can't spend as much as Man Utd, he wasn't too bothered about the unfairness last season was he?

http://www.bbc.co.uk/sport/0/football/29172142

"To make it fair play we should be able to spend as much as Manchester United have spent before we play them on Sunday," added Redknapp on Friday.
"That would be fair play, wouldn't it?
"What is fair play because one club can spend £200m on a team and another might spend £8-10m on their team. That's not fair play really, is it?"

[silent majority]

But Harry is making the mistake of thinking FFP is about a level playing field, it's not. It's about ensuring football league clubs don't spend beyond their means therefore filing for bankruptcy at any point in the future.