Leicester... FFP Resolution

Serious QPR topics only. Posted images may be deleted. Off-topic or thread hijacking posts will be moved/removed and posters disallowed access to this forum. NO TICKET RELATED POSTS. ALL TICKET RELATED POSTS WILL BE DELETED. NO EXCEPTIONS. Please put ticket related posts in the right place only.

Moderators: nige101uk, willesdenr, qprdotorgadmin, ZENITH R, Virginia_R

User avatar
222gers
Level 4 dot.orger
Level 4 dot.orger
Posts: 4387
Joined: Sat Feb 10, 2007 3:55 pm
Location: LONDON

Re: Leicester... FFP Resolution

Post by 222gers » Fri Feb 23, 2018 5:57 pm

“A player shall be deemed offside if he has incurred debts of 20million in any rolling three year period”........

User avatar
kernowhoop
Level 3 dot.orger
Level 3 dot.orger
Posts: 1408
Joined: Sat Feb 03, 2007 6:25 pm
Location: Plymouth, Devon

Re: Leicester... FFP Resolution

Post by kernowhoop » Sat Feb 24, 2018 9:40 am

SheepRanger wrote:
Thu Feb 22, 2018 8:59 pm
QPR_John wrote:
Thu Feb 22, 2018 8:50 pm
SheepRanger wrote:
Thu Feb 22, 2018 8:49 pm


Our owner wrote off £180m of debt
Which the FL ignored
Have they? The write off left us with an overspend of £9m on an allwance of £8m allowing the EFL scope to slap us with a minor fine so they dont lose face. We have been reducing costs ever since by and the final decission is pending.
I woke in the middle of the night (not a good time to be thinking about issues like this) wondering why the fine has not been confirmed. I would like to think that it is because they are contemplating a token fine, but, in the mental gloom of the early hours, I thought of another possibility. What would happen to QPR, as a business, if it were hit with a £40 million fine now - i.e. part way through the season? Presumably, unless the shareholders coughed up the £40 million pronto (Tony did say that the fine would be paid, but, would they really do that?) we would have to cease trading. The disruption to the fixtures, the league table, promotion and relegation issues would be significant - virtually every club in the Championship would be affected. So, if a fine of that level was on the way, wouldn't they leave it until each club had played its 46 games?
I hope that this is not the case and would be pleased to hear why my dark thoughts are wrong.
It's simple. Score more goals than they do.

User avatar
SheepRanger
dotorgsponsor
dotorgsponsor
Posts: 7324
Joined: Thu Feb 01, 2007 1:09 pm
Location: Swine Down

Re: Leicester... FFP Resolution

Post by SheepRanger » Sat Feb 24, 2018 9:54 am

Theyre not in the business of closing clubs down and dont want a lengthy legal battle either. Isnt writting off £180m a sufficient financial punishment for their errors? The FA wouldnt need to wait until the end of the season to put a transfer embargo on us and that hasnt even happened. Im sure they are looking at how we reduce costs and will now confirm that we are good boys again! Any financial penalty will be suspended and only payable if we get back to the premier league.

I'd go with a £5m fine suspended for 5 years and payable only on promotion.

User avatar
222gers
Level 4 dot.orger
Level 4 dot.orger
Posts: 4387
Joined: Sat Feb 10, 2007 3:55 pm
Location: LONDON

Re: Leicester... FFP Resolution

Post by 222gers » Sat Feb 24, 2018 10:41 am

Yes, when you think about it a suspended fine would make sense and allow both sides to emerge from this fiasco with some dignity. My concern is that if this happens the other clubs that have been punished will create merry hell.

User avatar
kernowhoop
Level 3 dot.orger
Level 3 dot.orger
Posts: 1408
Joined: Sat Feb 03, 2007 6:25 pm
Location: Plymouth, Devon

Re: Leicester... FFP Resolution

Post by kernowhoop » Sat Feb 24, 2018 11:05 am

SheepRanger wrote:
Sat Feb 24, 2018 9:54 am
Theyre not in the business of closing clubs down and dont want a lengthy legal battle either. Isnt writting off £180m a sufficient financial punishment for their errors? The FA wouldnt need to wait until the end of the season to put a transfer embargo on us and that hasnt even happened. Im sure they are looking at how we reduce costs and will now confirm that we are good boys again! Any financial penalty will be suspended and only payable if we get back to the premier league.

I'd go with a £5m fine suspended for 5 years and payable only on promotion.
I am feeling better already.
It's simple. Score more goals than they do.

User avatar
SheepRanger
dotorgsponsor
dotorgsponsor
Posts: 7324
Joined: Thu Feb 01, 2007 1:09 pm
Location: Swine Down

Re: Leicester... FFP Resolution

Post by SheepRanger » Sat Feb 24, 2018 11:11 am

222gers wrote:
Sat Feb 24, 2018 10:41 am
Yes, when you think about it a suspended fine would make sense and allow both sides to emerge from this fiasco with some dignity. My concern is that if this happens the other clubs that have been punished will create merry hell.
But how many have faced ruin for their actions?

Leicester and Bournemouth paid their fines and probably deem it an added cost to getting onto the premiership money train. They could pay it easily from sky money. I doubt these two clubs would care what happens to our ruling.

Northolt_Rs
Level 2 dot.orger
Level 2 dot.orger
Posts: 819
Joined: Sat Aug 08, 2009 9:58 pm

Re: Leicester... FFP Resolution

Post by Northolt_Rs » Sat Feb 24, 2018 12:10 pm

222gers wrote:
Sat Feb 24, 2018 10:41 am
Yes, when you think about it a suspended fine would make sense and allow both sides to emerge from this fiasco with some dignity. My concern is that if this happens the other clubs that have been punished will create merry hell.
Didn’t Blackburn get slapped with a transfer embargo for breaking FFP? Let’s face it, it’s easier to punish clubs like Blackburn and QPR than the clubs who really take the p.iss out of FFP....Man Shiteh anybody?

User avatar
Esox Lucius
dot.org vip
dot.org vip
Posts: 20357
Joined: Sat Feb 03, 2007 7:17 pm
Location: Banbury, Oxon.

Re: Leicester... FFP Resolution

Post by Esox Lucius » Sat Feb 24, 2018 8:03 pm

The only sanctions possible under FFP regulations are a fine or a transfer embargo; no points deductions and no relegation imposition.
It's not the despair that will kill you, it's the hope.

User avatar
222gers
Level 4 dot.orger
Level 4 dot.orger
Posts: 4387
Joined: Sat Feb 10, 2007 3:55 pm
Location: LONDON

Re: Leicester... FFP Resolution

Post by 222gers » Sat Feb 24, 2018 9:11 pm

I've tried trawling through the FFP rules but invariably end up tearing out what's left of my hair. I'd like to see the salient points laid out in bullet points. Always the easiest for bozos like me.

User avatar
Esox Lucius
dot.org vip
dot.org vip
Posts: 20357
Joined: Sat Feb 03, 2007 7:17 pm
Location: Banbury, Oxon.

Re: Leicester... FFP Resolution

Post by Esox Lucius » Thu Mar 01, 2018 12:05 pm

Try this. It is the current regulations and not those under which QPR will be sanctioned so only fine or transfer embargo for us. :D
http://www.financialfairplay.co.uk/fina ... lained.php
It's not the despair that will kill you, it's the hope.

User avatar
222gers
Level 4 dot.orger
Level 4 dot.orger
Posts: 4387
Joined: Sat Feb 10, 2007 3:55 pm
Location: LONDON

Re: Leicester... FFP Resolution

Post by 222gers » Thu Mar 01, 2018 3:21 pm

Esox Lucius wrote:
Thu Mar 01, 2018 12:05 pm
Try this. It is the current regulations and not those under which QPR will be sanctioned so only fine or transfer embargo for us. :D
http://www.financialfairplay.co.uk/fina ... lained.php
Yes, that's couched in terms that are relatively easy to comprehend. It doesn't seem to mention whether the owner(s) are allowed to pay any fine from their own wealth or whether it has to be found within the club's accounts, which would of course be impossible with the £40m sum being mentioned. That seems to have been an issue in this and other FFP threads.

User avatar
SheepRanger
dotorgsponsor
dotorgsponsor
Posts: 7324
Joined: Thu Feb 01, 2007 1:09 pm
Location: Swine Down

Re: Leicester... FFP Resolution

Post by SheepRanger » Thu Mar 01, 2018 4:13 pm

222gers wrote:
Thu Mar 01, 2018 3:21 pm
Esox Lucius wrote:
Thu Mar 01, 2018 12:05 pm
Try this. It is the current regulations and not those under which QPR will be sanctioned so only fine or transfer embargo for us. :D
http://www.financialfairplay.co.uk/fina ... lained.php
Yes, that's couched in terms that are relatively easy to comprehend. It doesn't seem to mention whether the owner(s) are allowed to pay any fine from their own wealth or whether it has to be found within the club's accounts, which would of course be impossible with the £40m sum being mentioned. That seems to have been an issue in this and other FFP threads.
Surely it can't come from their own personal wealth, because by accepting this, covering the overspend from the same means makes the breach of these rules a non-issue

QPR_John
Level 5 dot.orger
Level 5 dot.orger
Posts: 6192
Joined: Thu Feb 01, 2007 12:35 pm
Location: Reading

Re: Leicester... FFP Resolution

Post by QPR_John » Thu Mar 01, 2018 4:19 pm

SheepRanger wrote:
Thu Mar 01, 2018 4:13 pm
222gers wrote:
Thu Mar 01, 2018 3:21 pm
Esox Lucius wrote:
Thu Mar 01, 2018 12:05 pm
Try this. It is the current regulations and not those under which QPR will be sanctioned so only fine or transfer embargo for us. :D
http://www.financialfairplay.co.uk/fina ... lained.php
Yes, that's couched in terms that are relatively easy to comprehend. It doesn't seem to mention whether the owner(s) are allowed to pay any fine from their own wealth or whether it has to be found within the club's accounts, which would of course be impossible with the £40m sum being mentioned. That seems to have been an issue in this and other FFP threads.
Surely it can't come from their own personal wealth, because by accepting this, covering the overspend from the same means makes the breach of these rules a non-issue
If the owners can pay the fine then the consequence of FFP is that they cannot put money into the club but can boost the FLs coffers

User avatar
Rbee
Level 4 dot.orger
Level 4 dot.orger
Posts: 4987
Joined: Thu Feb 01, 2007 12:01 pm
Location: Swinedon

Re: Leicester... FFP Resolution

Post by Rbee » Fri Mar 02, 2018 1:18 am

Morally the owners of the club should pay as it was them who broke the rules. The club itself, club employees, supporters and those relying on QPR in the Community are innocent parties.

User avatar
ZENITH R
Moderator
Moderator
Posts: 8840
Joined: Thu Feb 08, 2007 9:40 pm
Location: North Derbyshire

Re: Leicester... FFP Resolution

Post by ZENITH R » Fri Mar 02, 2018 7:13 am

Rbee wrote:
Fri Mar 02, 2018 1:18 am
Morally the owners of the club should pay as it was them who broke the rules. The club itself, club employees, supporters and those relying on QPR in the Community are innocent parties.
Which is what I believe they have said they will do.#
Saturday 9th November 1968: QPR V Burnley in the First Division - I saw the Hoops for the first time and my obsession began!

Remember:
Growing old is inevitable.
Growing up is optional.

Post Reply

Who is online

Users browsing this forum: No registered users and 17 guests