Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
transfer embargos... 10:30 - Apr 6 with 7207 viewsPhildo

10 clubs in the championship embargoed due to filing accounts late. For some of these it will be administrative as the government allowed late filing but EFL rules did not but for others it means trouble ahead. The fact the EFL imposed this in a pandemic suggests they mean business:

https://www.dailymail.co.uk/sport/football/article-9438517/Championship-facing-f

0
transfer embargos... on 16:12 - Apr 6 with 1802 viewsQPR_John

transfer embargos... on 15:28 - Apr 6 by daveB

Lets be honest here we are all pretty biased where this is concerned, When other clubs get points deductions we think it should be more, when they are fined we think it should be more but when we were fined we think it should be a lot less.

We cheated as did Leicester but they made a better fist of the prem than us so never really had to worry about any punishment


It would seem what you are saying is that FFP means that if you reach your target by breaking the rules you will only get punished if you fail to make the most of reaching said target. Interesting rule.
0
transfer embargos... on 16:42 - Apr 6 with 1730 viewsstevec

As EFL clubs have been forced to play a season when they’d have saved millions if the season had been abandoned and they’d furloughed the players, could they possibly sue the authority for enforced loss of earnings?

I’m struggling to think of another business that’s been forced to carry on with absolutely no possibility of covering their costs.

Whatever, FFP will be totally unenforceable now.
0
transfer embargos... on 16:42 - Apr 6 with 1728 viewsdaveB

transfer embargos... on 16:12 - Apr 6 by QPR_John

It would seem what you are saying is that FFP means that if you reach your target by breaking the rules you will only get punished if you fail to make the most of reaching said target. Interesting rule.


Not really, i meant that Leicester were punished with a fine of around 3 million for a loss of 20million that season, we lost £90million I think that same season which is why our fine was larger. They were helped due to not getting instantly relegated avoiding having to desperately throw everything overboard to try and ensure they didn't break the rules again
0
transfer embargos... on 16:44 - Apr 6 with 1722 viewsQPR_Jim

transfer embargos... on 15:28 - Apr 6 by daveB

Lets be honest here we are all pretty biased where this is concerned, When other clubs get points deductions we think it should be more, when they are fined we think it should be more but when we were fined we think it should be a lot less.

We cheated as did Leicester but they made a better fist of the prem than us so never really had to worry about any punishment


I think you've got to admit that the fine we got was weird by any stretch of the imagination.

They insisted that we're punished to the old rules which were superseded by that point but then didn't fine us the full amount under those rules. £22m of the fine was the shareholders writing off debt which the EFL don't allow for FFP purposes under normal conditions and I think they pulled us up on in previous accounts filed where our owners tried to use that to reduce losses.

The EFL are a strange bunch.
0
transfer embargos... on 17:26 - Apr 6 with 1651 viewsPinnerPaul

transfer embargos... on 13:41 - Apr 6 by daveB

was it over the top? We got a fine several years after the event and a transfer embargo for one window. The fine was only so big because we spent so much that season, if they had stuck with the original rules the fine would have been more than double what we ended up with.


and we get 10 years (interest free) to pay it back.
0
transfer embargos... on 17:28 - Apr 6 with 1647 viewsdaveB

transfer embargos... on 16:44 - Apr 6 by QPR_Jim

I think you've got to admit that the fine we got was weird by any stretch of the imagination.

They insisted that we're punished to the old rules which were superseded by that point but then didn't fine us the full amount under those rules. £22m of the fine was the shareholders writing off debt which the EFL don't allow for FFP purposes under normal conditions and I think they pulled us up on in previous accounts filed where our owners tried to use that to reduce losses.

The EFL are a strange bunch.


We'd fought them with appeals for several years so in the end they had to reach a compromise where i thought both sides looked like they had lost but were both claiming victory
0
transfer embargos... on 17:44 - Apr 6 with 1622 viewskensalriser

transfer embargos... on 15:50 - Apr 6 by SimplyNico

Whilst it's all very serious, the hilarious thing about that article is that the Mail refer to "Wayne Rooney's Derby".


Ridiculous. Everyone knows the correct terminology is Wayne Rooney's Derby County.

Poll: QPR to finish 7th or Brentford to drop out of the top 6?

1
transfer embargos... on 18:34 - Apr 6 with 1532 viewsQPR_Jim

transfer embargos... on 17:28 - Apr 6 by daveB

We'd fought them with appeals for several years so in the end they had to reach a compromise where i thought both sides looked like they had lost but were both claiming victory


True, it certainly could have been worse if the EFL hadn't reached that compromise. In many ways a financial penalty on the owners is better for the club than a points deduction like Sheffield Wed have had, so maybe we were lucky.
0
Login to get fewer ads

transfer embargos... on 18:57 - Apr 6 with 1499 viewsBoston

transfer embargos... on 17:44 - Apr 6 by kensalriser

Ridiculous. Everyone knows the correct terminology is Wayne Rooney's Derby County.


Wayne County...hmm, sounds familiar.😀

Poll: Thank God The Seaons Over.

2
transfer embargos... on 19:11 - Apr 6 with 1475 viewsThe_Beast1976

transfer embargos... on 12:24 - Apr 6 by superhoopdownunder

Only club I would like to go out of business is Chelscum


Hear hear. I wholeheartedly agree with your sentiments
0
transfer embargos... on 20:10 - Apr 6 with 1397 viewsdavman

transfer embargos... on 16:42 - Apr 6 by daveB

Not really, i meant that Leicester were punished with a fine of around 3 million for a loss of 20million that season, we lost £90million I think that same season which is why our fine was larger. They were helped due to not getting instantly relegated avoiding having to desperately throw everything overboard to try and ensure they didn't break the rules again


If you have your figures right, it is even more of a travesty.

Leicester - £3m for £20m loss
QPR - £41m for £80m loss (from memory £24m conversion of club debt by shareholders and the now infamous £1.7m per year over 10 years)

Yes, we smashed the rules, but we were smashed financially for it. No other team (apart from (hopefully) Weds this season has had a lasting punishment and theirs is only likely to result in one season in League One. The last four years have been punishment enough in reducing the wage bill season after season, but that £1.7m a year for the next 6-7 is a significant, long standing handicap. The fine of £41m is the BIGGEST ever in world sport to a single team. So, apart from saying "those were the rules that we signed up to", please justify how the fine can be justified...

Not saying we should get off scot free, but it isn't and never has been proportionate, something everyone recognised by changing the rules.

Can we go out yet?
Poll: What would you take for Willock if a bid comes this month?

0
transfer embargos... on 20:49 - Apr 6 with 1363 viewsderbyhoop

transfer embargos... on 16:42 - Apr 6 by stevec

As EFL clubs have been forced to play a season when they’d have saved millions if the season had been abandoned and they’d furloughed the players, could they possibly sue the authority for enforced loss of earnings?

I’m struggling to think of another business that’s been forced to carry on with absolutely no possibility of covering their costs.

Whatever, FFP will be totally unenforceable now.


I’m struggling to think of another business that’s been forced to carry on with absolutely no possibility of covering their costs.

Hospitality
Fishing
SMEs exporting food products to EU

Travel is fatal to prejudice, bigotry and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the Earth all one’s lifetime. (Mark Twain) Find me on twitter @derbyhoop

0
transfer embargos... on 21:18 - Apr 6 with 1339 viewsBostonR

transfer embargos... on 20:10 - Apr 6 by davman

If you have your figures right, it is even more of a travesty.

Leicester - £3m for £20m loss
QPR - £41m for £80m loss (from memory £24m conversion of club debt by shareholders and the now infamous £1.7m per year over 10 years)

Yes, we smashed the rules, but we were smashed financially for it. No other team (apart from (hopefully) Weds this season has had a lasting punishment and theirs is only likely to result in one season in League One. The last four years have been punishment enough in reducing the wage bill season after season, but that £1.7m a year for the next 6-7 is a significant, long standing handicap. The fine of £41m is the BIGGEST ever in world sport to a single team. So, apart from saying "those were the rules that we signed up to", please justify how the fine can be justified...

Not saying we should get off scot free, but it isn't and never has been proportionate, something everyone recognised by changing the rules.


I doubt the club will complete those payments based on what is likely to happen shortly on FFP. There will be no Championship if they pursue it in its current form. Hopefully, Hoos has the lawyers ready.
0
transfer embargos... on 21:19 - Apr 6 with 1336 viewsdaveB

transfer embargos... on 20:10 - Apr 6 by davman

If you have your figures right, it is even more of a travesty.

Leicester - £3m for £20m loss
QPR - £41m for £80m loss (from memory £24m conversion of club debt by shareholders and the now infamous £1.7m per year over 10 years)

Yes, we smashed the rules, but we were smashed financially for it. No other team (apart from (hopefully) Weds this season has had a lasting punishment and theirs is only likely to result in one season in League One. The last four years have been punishment enough in reducing the wage bill season after season, but that £1.7m a year for the next 6-7 is a significant, long standing handicap. The fine of £41m is the BIGGEST ever in world sport to a single team. So, apart from saying "those were the rules that we signed up to", please justify how the fine can be justified...

Not saying we should get off scot free, but it isn't and never has been proportionate, something everyone recognised by changing the rules.


The last 4 years have nothing to do with any punishment from the EFL, that has been us trying to cut the losses and trying to run a stable club

The fine was £17million not 41 million and the repayments every year we are told is by the owners meaning the club are not handicapped every season

I think our losses for that season were something like £190 million so original rules were a £1million fine for every £10million lost hence the original fine being so big at around 80 million which was reduced in the end

This report sums it up well

https://www.westlondonsport.com/qpr/football-qpr-ffp-questions-answered
[Post edited 6 Apr 2021 21:21]
1
transfer embargos... on 10:11 - Apr 7 with 1100 viewsClive_Anderson

transfer embargos... on 13:41 - Apr 6 by daveB

was it over the top? We got a fine several years after the event and a transfer embargo for one window. The fine was only so big because we spent so much that season, if they had stuck with the original rules the fine would have been more than double what we ended up with.


Yes I think the second largest fine in the history of global sport was over the top for spending too much in the second tier of the football league.

Who else has got even a fraction of that fine for similar offences? It looks like those that might lose similar amounts this season will get a "it's alright lads no worries" and have no punishment whatsoever.
0
transfer embargos... on 10:49 - Apr 7 with 1059 viewsdaveB

transfer embargos... on 10:11 - Apr 7 by Clive_Anderson

Yes I think the second largest fine in the history of global sport was over the top for spending too much in the second tier of the football league.

Who else has got even a fraction of that fine for similar offences? It looks like those that might lose similar amounts this season will get a "it's alright lads no worries" and have no punishment whatsoever.


I don't think anyone else has posted losses of £190million in one season since FFP came in. If anyone these days has anything like those losses they'll get a points deduction
0
transfer embargos... on 10:52 - Apr 7 with 1052 viewsNorthernr

Price of Football guy seemed to be suggesting last week that the Bet365 accounts show an £87m loss for Stoke City last year, which would be the Champ record. Small fry for the Coates, but waaaaaaaaaaaay over the rules. Something lost in translation somewhere I think, I can't believe it's that high.
0
transfer embargos... on 10:54 - Apr 7 with 1047 viewsClive_Anderson

transfer embargos... on 10:49 - Apr 7 by daveB

I don't think anyone else has posted losses of £190million in one season since FFP came in. If anyone these days has anything like those losses they'll get a points deduction


Several championship clubs are going to post big losses very soon, I predict neither a points deduction or large fine proportional to the one we got will be imposed.

Man City lost far money money than us and were just fined 10m Euros.
They've also posted a £126m loss today, again I expect nothing as bad as the fine we got.
0
transfer embargos... on 11:09 - Apr 7 with 1017 viewsCliveWilsonSaid

transfer embargos... on 10:52 - Apr 7 by Northernr

Price of Football guy seemed to be suggesting last week that the Bet365 accounts show an £87m loss for Stoke City last year, which would be the Champ record. Small fry for the Coates, but waaaaaaaaaaaay over the rules. Something lost in translation somewhere I think, I can't believe it's that high.


That's am awful lot of money to spend and only have Jordan Cousins as your first choice midfielder.

Poll: Expectations for this season?

0
transfer embargos... on 11:21 - Apr 7 with 989 viewsstowmarketrange

transfer embargos... on 11:09 - Apr 7 by CliveWilsonSaid

That's am awful lot of money to spend and only have Jordan Cousins as your first choice midfielder.


According to that report we had £180m written off by the owners after our premier league disasters.What did we have to show for that money?
0
transfer embargos... on 11:30 - Apr 7 with 966 viewsQPR_John

transfer embargos... on 10:49 - Apr 7 by daveB

I don't think anyone else has posted losses of £190million in one season since FFP came in. If anyone these days has anything like those losses they'll get a points deduction


I think you miss the point. The punishment given out to us was excessive and accepted to be so by the FL as they changed the rules. The fact they did not then reconsider our position is what I feel aggrieved about. You may say that the FL never expected a club to post a loss of £190M when they ruled that the punishment should be a percentage of the debt. However when drafting said rules they should have seen the possibility and at least set a cap. They realised their mistake and that they could be in trouble if a number of clubs were similarly punished but thought they could handle one club. That is why I think the punishment was unfair. Basically they wanted to save face.
0
transfer embargos... on 11:30 - Apr 7 with 966 viewsdaveB

transfer embargos... on 10:54 - Apr 7 by Clive_Anderson

Several championship clubs are going to post big losses very soon, I predict neither a points deduction or large fine proportional to the one we got will be imposed.

Man City lost far money money than us and were just fined 10m Euros.
They've also posted a £126m loss today, again I expect nothing as bad as the fine we got.


FFP rules were different for UEFA hence the Man City fine
0
transfer embargos... on 11:32 - Apr 7 with 956 viewsQPR_John

transfer embargos... on 11:30 - Apr 7 by daveB

FFP rules were different for UEFA hence the Man City fine


Less draconian than the original FL rules. It really does make you wonder the real motive behind the original FL FFP rules. Basically the higher the level a club was playing the lesser the punishment for breaking FFP. Some might cynically say it was to keep the status quo
[Post edited 7 Apr 2021 11:36]
0
transfer embargos... on 11:45 - Apr 7 with 918 viewsClive_Anderson

transfer embargos... on 11:30 - Apr 7 by daveB

FFP rules were different for UEFA hence the Man City fine


Yes that was my point...the football league rules that we got caught by were over the top compared to any other jurisdiction.

If much richer clubs get fined less for a larger offence then it is by very definition excessively harsh.

It was also large because they knew we had rich owners. If it was a club facing bankruptcy there was no way they would fined them so much knowing it would put them out of business.
0
transfer embargos... on 11:50 - Apr 7 with 901 viewsdaveB

transfer embargos... on 11:32 - Apr 7 by QPR_John

Less draconian than the original FL rules. It really does make you wonder the real motive behind the original FL FFP rules. Basically the higher the level a club was playing the lesser the punishment for breaking FFP. Some might cynically say it was to keep the status quo
[Post edited 7 Apr 2021 11:36]


The plan was to stop another Man City happening which worked but for the EFL it was also to try and stop clubs spending themselves out of business and become more sustainable. For all the gripes about how we were dealt with after a decade of spend spend spend these rules have at least forced us down a different route which should mean QPR have a better chance of surviving long term
1
About Us Contact Us Terms & Conditions Privacy Cookies Advertising
© FansNetwork 2024