QPR could face fine of up to £47m if they get promoted (FFP)

[Hiney]

Let's hope the FL grow some balls.

That's the crux of the whole thing.

FFP is all very well but as soon as a club really kicks off about it, the FL will cave in. It's inevitable. No-one wants that to happen, but it will.

 

[AZ Gull]

So if they don't go up all they have is a transfer embargo.. We all know a transfer embargo from the Football League equates to a club carrying on as normal and just getting the FL to rubber stamp deals. It in no way actually prohibits them signing anybody. See Watford.

It's such a load of crap. OK so let's say QPR miss out this year, they get an embargo (which is essentially pointless), they play next season with the same unbelievable squad and go up. Once they're up they avoid penalties because they are no longer part of the Football League.

What is the point of of FFP if it has no teeth?

This is simply NOT TRUE. There are different types of transfer embargo that may be applied by the league. The embargo applied to Watford did indeed allow them to continue to sign players, with the prior permission of the football authorities - it was a "Regulation 19" embargo

The transfer embargo that would be applied as punishment under the FFP regulations would not only prevent all incoming transfers, but would restrict a club's ability to renew contracts of existing players (as indicated by the likes of Paul Barber recently).

 

[Eddiespearritt]

Financial fair play Let's see if the regulators have any teeth or not. Glad the Albion are trying to be self-sustaining (even if they are failing to do so) but £177m debt for a club like QPR - do me a favour. They should be wound up for trading while insolvent.

 

[southstandandy]

But he just loves spending other people's money ! He doesn't give a toss for the consequences. Would never want him near our club (and that includes next week) - don't want him speaking to Mr B and saying just spend a few more million - it's easy.

 

[Hamilton]

What a joke.

If I were a QPR fan I would be very very very worried. These people shouldn't be allowed to screw up clubs.

 

[AZ Gull]

I thought teams relegated from the premier league were exempt for their first season in the championship?

Parachute payments AND an exemption?

The game is truly broken if that's the case.

I was under that impression too but cannot find any reference to it now , unless it is buried somewhere in the small print after they altered how any fines would be distributed because the Premier League doesn't like it.

I read that too, but maybe it was just a myth posted previously on NSC.

You are right but only if they are not promoted straight back up.

My understanding is that if QPR are promoted this season with those losses, they will receive a fine. If they stay down, they will not be subjected to a transfer embargo next season. But they will the following season if they are still down with those losses, or indeed not been relegated to League 1.

There seems to be a common misunderstanding (not just on NSC, but amongst some media) that clubs relegated from the Premier League do not have to meet the FFP regulations in their first season back in the Championship. This is FALSE. See pages 4 and 5 in this document - Football League Financial Fair Play: Domestic League Regulation.

I think the misunderstanding has arisen due to the fact that there are always two successive seasons that are affected by the FFP regulations - the "reporting period" (which is the season that the financials relate to), and the following "season" in which any punishment would be incurred.

The document in my link includes the following sentence:-

Clubs relegated from the PL will not be subject to sanctions in their first season in the Championship as long as they have complied with all relevant PL regulations.

I believe this has led to some (incorrectly) thinking that teams get a one-year exemption, but if you read it carefully, it is only stating that there will be no "sanctions" (ie fine or embargo) imposed during that first season (because that club wasn't playing in the Championship the previous season, it wasn't covered by the Championship FFP regulations). However, that first season IS NOT exempt as a reporting period, ie the club is just as much subject to the FFP regulations as the other clubs in the division.

I hope this clarifies the matter for those who have been misled.

 

[Deleted member 2719]

And some of our fans wanted Redknapp as manager.

I would like to know how much debt in totally he has caused since his Bmuff days.

 

[nwgull]

There seems to be a common misunderstanding (not just on NSC, but amongst some media) that clubs relegated from the Premier League do not have to meet the FFP regulations in their first season back in the Championship. This is FALSE. See pages 4 and 5 in this document - Football League Financial Fair Play: Domestic League Regulation.

I think the misunderstanding has arisen due to the fact that there are always two successive seasons that are affected by the FFP regulations - the "reporting period" (which is the season that the financials relate to), and the following "season" in which any punishment would be incurred.

The document in my link includes the following sentence:-



I believe this has led to some (incorrectly) thinking that teams get a one-year exemption, but if you read it carefully, it is only stating that there will be no "sanctions" (ie fine or embargo) imposed during that first season (because that club wasn't playing in the Championship the previous season, it wasn't covered by the Championship FFP regulations). However, that first season IS NOT exempt as a reporting period, ie the club is just as much subject to the FFP regulations as the other clubs in the division.

I hope this clarifies the matter for those who have been misled.

Thanks for clarifying that issue; it makes sense. I'm glad that the relegated clubs are going to have to cut their cloth accordingly.

 

[seagullsovergrimsby]

There seems to be a common misunderstanding (not just on NSC, but amongst some media) that clubs relegated from the Premier League do not have to meet the FFP regulations in their first season back in the Championship. This is FALSE. See pages 4 and 5 in this document - Football League Financial Fair Play: Domestic League Regulation.

I think the misunderstanding has arisen due to the fact that there are always two successive seasons that are affected by the FFP regulations - the "reporting period" (which is the season that the financials relate to), and the following "season" in which any punishment would be incurred.

The document in my link includes the following sentence:-



I believe this has led to some (incorrectly) thinking that teams get a one-year exemption, but if you read it carefully, it is only stating that there will be no "sanctions" (ie fine or embargo) imposed during that first season (because that club wasn't playing in the Championship the previous season, it wasn't covered by the Championship FFP regulations). However, that first season IS NOT exempt as a reporting period, ie the club is just as much subject to the FFP regulations as the other clubs in the division.

I hope this clarifies the matter for those who have been misled.

The media are mostly to blame for putting out conflicting reports and information on FFP to the extent we're getting our arses and elbows muddled up.

 

[KZNSeagull]

There seems to be a common misunderstanding (not just on NSC, but amongst some media) that clubs relegated from the Premier League do not have to meet the FFP regulations in their first season back in the Championship. This is FALSE. See pages 4 and 5 in this document - Football League Financial Fair Play: Domestic League Regulation.

I think the misunderstanding has arisen due to the fact that there are always two successive seasons that are affected by the FFP regulations - the "reporting period" (which is the season that the financials relate to), and the following "season" in which any punishment would be incurred.

The document in my link includes the following sentence:-



I believe this has led to some (incorrectly) thinking that teams get a one-year exemption, but if you read it carefully, it is only stating that there will be no "sanctions" (ie fine or embargo) imposed during that first season (because that club wasn't playing in the Championship the previous season, it wasn't covered by the Championship FFP regulations). However, that first season IS NOT exempt as a reporting period, ie the club is just as much subject to the FFP regulations as the other clubs in the division.

I hope this clarifies the matter for those who have been misled.

The quote on the football league FFP page (which is now nearly 2 years old) says more:

Clubs relegated from the Premier League will not be subject to sanctions in their first season in the Championship as long as they have met their financial obligations under Premier League regulations. They would, however, be subject to the potential of a Fair Play Tax if they achieved promotion in their first season in the Championship whilst not complying with the FFP regulations.

 

[AZ Gull]

The quote on the football league FFP page (which is now nearly 2 years old) says more:

Clubs relegated from the Premier League will not be subject to sanctions in their first season in the Championship as long as they have met their financial obligations under Premier League regulations. They would, however, be subject to the potential of a Fair Play Tax if they achieved promotion in their first season in the Championship whilst not complying with the FFP regulations.

A form of that second sentence also appears in the Warwick University document, I simply didn't bother to paste it.

 

[Lower West Stander]

Player costs are £7m more than turnover! No business model in the world is going to be viable on that stat. Fernandes knows this. As long as you see numbers like that FFP is a total joke.

 

[portslade seagull]

That's the crux of the whole thing.

FFP is all very well but as soon as a club really kicks off about it, the FL will cave in. It's inevitable. No-one wants that to happen, but it will.

This .... Agree they will not have the balls and we will eventually end up with the son of, son of, son of, son of watered down version of FFP which will be a slight tap on the knuckles hoping they won't bruise them and a wag of the finger

 

[Barrel of Fun]

Why should a club escape an embargo or fine if they don't get promoted? What about if their callous spending means another club misses out on promotion or a result against the team changes the course of their season?

 

[nwgull]

Why should a club escape an embargo or fine if they don't get promoted? What about if their callous spending means another club misses out on promotion or a result against the team changes the course of their season?

They won't. Clubs who overspend the limits and don't go up will face an embargo.

 

[Guy Fawkes]

Financial fair play Let's see if the regulators have any teeth or not. Glad the Albion are trying to be self-sustaining (even if they are failing to do so) but £177m debt for a club like QPR - do me a favour. They should be wound up for trading while insolvent.

But we could get wound up too as we have consistantly lost money for well over a decade (and propably more like 2 decades) whats important is who the debt is owed to, there is a massive difference between owing the money to the owner and directors and owing it to small businesses, etc...

If you include the stadium debt then we could be seen as being insolvent however whilst all the time there is someone there to put the money in to make up the short fall then they should be allowed to continue. - what they should look at is making sure that any money lost and the bills that go with it are being paid (ie to St Johns ambulance, or Mr Bunn the bakers or whoever) but debt to the owner or other board members should then be exempt and the only money still owed is to these people so that small and medium businesses arn't screwed over by clubs like Pompey and others have done.

 

[Guy Fawkes]

What i think will eventually happen is that there will be a second break away league following the Premier leagues example with clubs like Forest, Bolton, QPR and alike leaving the Football league set up if they arn't promoted and ending up having to face these penalties.

Premier League 2 anyone?

 

[Rugrat]

But we could get wound up too as we have consistantly lost money for well over a decade (and propably more like 2 decades) whats important is who the debt is owed to, there is a massive difference between owing the money to the owner and directors and owing it to small businesses.

Cardiff must feel great owing the best part of £100M to Tan.

 

[Seagull on the wing]

The fine is only for promoted teams. Teams that don't get promoted are hit with a transfer ban instead. The concession of fees going to charity rather than other clubs was made because the Premier League weren't happy with the idea of one of their members giving funds to paltry FL teams, which implies (although I don't know this) that the PL are willing to accept the idea of promoted teams being fined.

Ironic isn't it...(the PL)....yet they are quite happy with the parachute payments for failure...

 

[Horton's halftime iceberg]

You wonder if they have taken much attention to FFP, I have two QPR fans and one thought that the sale of players like Remy and the parachute payments would sort out the books and the other has been concerned and saying for ages the rumours are they are over 60 million in debt, he just wants a club and has concerns there is a fine line you can cross to become a Leeds, Bolton or Portsmouth. Either way it would be interesting to know what QPR have said about how they are going to meet these measures. The Premier league are really driving a wedge between league and premier clubs, Is there another club in the championship openly discussing what our board and owner are.

The QPR squad seems massive and we are aware Bobby is on a fair whack, really sums up wild spending. Barber reckons when the transfer embargo kicks in we can benefit by getting more players on free, who would we take if any from this lot...(team from wikipedia page).