QPR hit with £40m FFP fine

[MCFC1993]

http://www.telegraph.co.uk/football...world-record-40million-ffp-fine-losing-three/

This is a world record fine in any sport. They made a loss of more than £8m a few years back (£60m+ actually), when they were promoted Premier League and therefore failed FFP. The rules have been changed since then, so they tried to argue that the previous FFP regulations were not suitable. Looks like they have lost that battle and been hit with a £40m fine.

Does this not defeat the purpose of FFP?
We're led to believe it's suppose to stop clubs going into administration (yeah right) and they're handing out fines like this.

Bournemouth and Leicester also broke the regulations in their promotion seasons and should expect hefty fines as well.

 

[Blue Mist]

If it now puts them out of business then instead of FFP protecting clubs they are ruining them. Great idea - Not.

 

[kaz7]

Wow can't see them surving that

 

[PannickAtTheDisco]

will have to go to court, big trouble now

 

[bobbyowenquiff]

Absoutely disgraceful. The club could be pushed over the edge. Confirms once again that FFP is a joke. They lose £8m and then have to pay £40m. Just a case of bullying a smaller club. How the hell can the EFL justify their position.

 

[denislawsbackheel]

Actually this is no new fine.
It wasn’t just an £8 million loss. Their owner tried to get round the regs by writing off a further £60 million.
They were fined it at the time and have been appealing it ever since.
They continue to appeal it.
Leicester And Bournemouth also face a similar punishment if QPR lose.

 

[Eds]

Given that Leicester won the league whilst still in breach of FFP should the title be stripped from them - either because of that or alleged doping

 

[BigOscar]

So to protect them from financial mismanagement, they are going to bankrupt them? Seems sensible. Just shows up what an absolute sham FFP is and reveals what utter bollocks the stated reason behind it is

 

[DelToro]

Given that Leicester won the league whilst still in breach of FFP should the title be stripped from them - either because of that or alleged doping

And hand the title to Arsenal?

No thanks.

 

[MCFC1993]

Absoutely disgraceful. The club could be pushed over the edge. Confirms once again that FFP is a joke. They lose £8m and then have to pay £40m. Just a case of bullying a smaller club. How the hell can the EFL justify their position.

In my OP I just stated it was more than £8m it was actually £60m but either way it doesn't matter and I agree with your post. They're being bullied by the football league for something which at the time they could afford.