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Arbitration found in favour of the league, basically protecting its role as a lawmaker that can set the rules for its competition as it sees fit. It leaves QPR liable to paying the fine in full, £40m-£60m
The club will be launching an appeal against this which will basically drag the whole thing on for another two years or so. They've a good chance in that, on the grounds of proptionality - you can fine HSBC £1.4bn but you can't fine the local Spar Shop the same amount for the same offence. Basically leaves the whole club, everybody that works there, the training ground development and us supporters in limbo for another two years. But yeh, at least Harry won us a promotion right?
Hopefully critics of Ferdinand, Hoos, Holloway, even Hasselbaink, and basically everybody that's been left to clear up the mess left by Hughes, Redknapp, Beard and most of all Fernandes previously now appreciate what a fcking tight spot they're all in.
This post has been edited by an administrator
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FFP decision in - not good on 17:36 - Oct 24 with 3752 views
FFP decision in - not good on 15:10 - Oct 24 by Lblock
Panel Member Number One -- Mick Dennis
Panel Member Number Two -- Andy Hinchcliffe
Panel Member Number Three -- Rob Styles
All agreed that Bungle needs shooting
That panel must be sponsored by Redknobb - "Triffick - fentestik decision, does that mean that I could have spent £60 million more on my mates transfers?
Read my book "Always ducking and diving, screwing and nicking, lying and whinging"
He's the complete arse that should be paying the money. Plus .... "trust me I know what I'm doing, I run an airline" - Our Tone..
Not the sodding club.
Or the fans.
Club mantra - just stay up this season.
Why does it feel like R'SWiPe is still on the books? Yer Couldn't Make It Up.Well Done Me!
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FFP decision in - not good on 17:41 - Oct 24 with 3712 views
FFP decision in - not good on 17:43 - Oct 24 by bosh67
Basically at £18.99 Tony needs to sell 3,159,558 copies of his book to cover a £60m fine.
Our Tone's book "Flying High" has been renamed as " Flying Blind And Fell Out of the Sky",
Next book being printed titled "Parachute landing in a swamp of crocodiles with AIDS, Halitosis, Dyslexia, Number Blindness" ...... ghost written by 'Arry "Always Cheating" Redknobb.
Phuck my Old Boots - so very QP phoooking R this is.
I can see Loftus Road Stadium finishing up as the West Wing of Westfield.
[Post edited 24 Oct 2017 17:53]
Why does it feel like R'SWiPe is still on the books? Yer Couldn't Make It Up.Well Done Me!
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FFP decision in - not good on 17:59 - Oct 24 with 3605 views
FFP decision in - not good on 17:25 - Oct 24 by WrightUp5hit___
While the redoubtable Lee Hoos has announced that the club will appeal the decision, and my while memory isn't quite what it was, my recollection was that this was going to be binding arbitration.
Yes what is the point of arbitration if it is not binding. Really amazed at the result. Not that they found us guilty that was always going to be the case but they found the fine proportionate. I had always thought that the FL changed things because they were made aware of the problems with how the fine was calculated. Maybe an appeal is based on the arbitration result about the fine being perverse.
FFP decision in - not good on 17:25 - Oct 24 by WrightUp5hit___
While the redoubtable Lee Hoos has announced that the club will appeal the decision, and my while memory isn't quite what it was, my recollection was that this was going to be binding arbitration.
That's my recollection as well and I have mentioned on here a couple of times in the last few days but no one else seems to recall it.
I seem to remember TF being quoted as saying the club had agreed to binding arbitration.
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FFP decision in - not good on 18:10 - Oct 24 with 3538 views
FFP decision in - not good on 18:10 - Oct 24 by TGRRRSSS
To my mind this may well be the end of Queens Park Rangers, they say nothing goes on forever..........
It's concerning, certainly, making us unviable is the same thing and the viability with such a perverse fine has to be questioned.
Perhaps we could have a 3 man panel down the White Horse and conclude that several days of old skool full rioting was proportionate and the preeeecedents had been set by the Fulham Park Rangers fiasco....
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FFP decision in - not good on 18:18 - Oct 24 with 3488 views
FFP decision in - not good (n/t) on 15:57 - Oct 24 by connell10
All sounds a bit like a stich up to me! How can wolves spend so much money but nothing is being done about them???
Any club can spend a fortune as Wolves have but if they fail FFP then they'll get a fine. Wolves are gambling as are Boro that they'll get promotion and the money from that will cover any fine
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FFP decision in - not good on 18:20 - Oct 24 with 3474 views
FFP decision in - not good on 18:18 - Oct 24 by Snipper
Are we being fined because of the spending in the 2013/14 season?
If so, the vast majority of player contracts (all the big ones) were given out while a premier league team.
As an aside, if the EFL really want to fine us £60m, I'd rather go to the fcuking wall and come back just like AFC Wimbledon.
Fcuk them all.
Most of them were given out pre that season but we still paid wages for SWP, Remy, Granero, Cesar, Mbia and others along with the bulk of that promotion team on prem money like Barton, Green, Traore, Ned, Zamora etc
Add to that we signed the following during that season all on good wages and big fees for a few of them plus loan fees for some
Danny Simpson, Richard Dunne, Karl Henry Charlie Austin Gary O'Neil Matt Phillips Javier Cheverton Oguchi Onyewu Yossi Benayoun Niko Kranjcar Aaron Hughes Kevin Doyle Ravel Morrison Tom Carroll Will keane That West ham Donkey
I've probably forgotten a few as well
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FFP decision in - not good on 18:27 - Oct 24 with 3432 views
FFP decision in - not good on 18:19 - Oct 24 by QPR_John
Exactly why the fine is disproportionate and why it is odd the arbitration panel did not find it so
trouble is the rule was you can lose 18million a season then every pound lost after that would be matched as a fine. We signed up to that and lost over 70million that year so really QPR have no one to blame but themself. No other club will get a fine like that because no other club will be managed so badly from the top that they fail FFP so badly
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FFP decision in - not good on 18:37 - Oct 24 with 3362 views
'The board understand the challenges that this decision could create for our valued, member club and will work with them, as and when the matter formally concludes.'
Think this from the FL indicates that
a) They expect the process to continue for a while yet and
b) That a 'compromise' will be found - total guesswork on my part but perhaps a transfer embargo in lieu of some of the fine or a chance to pay fine in instalments?
As Clive said in OP - a long way to go on this yet I feel.
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FFP decision in - not good on 18:38 - Oct 24 with 3356 views
Just had a quick google and both the Mail and Express have previously reported that the arbitration would be binding. Also mentioned that the panel was three QCs.
I imagine they will examine the written verdict and then decide their next course of action.
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FFP decision in - not good on 18:44 - Oct 24 with 3329 views
After a deep breath the truth is that nothing much changes for now. We carry on under our normal cloud of potential disaster and we'll know how bad it is in 2 years. Meantime, almost certainly some deal will be cut.
The club is virtually operating under a self imposed embargo and a program to promote from within, so I don't really think much will change. The club seems to have been preparing for the worst.
It may level out our expectations as fans. Who knows, it may actually galvanise the club. backs to the wall, that has traditionally been when we have been at our best.
The football and results that we now produce on the pitch somehow don't seem relevant anymore.
In all honesty whats the fcking point? following Rangers used to be about 3.00pm kick offs with the odd evening games, meet your mates, have the craic, watch us lose, win or draw of course the results mattered back then but nothing like they do now. Football club chairman's have become obsessed with the Prem league and its promise of financial riches. Give me the old days any day of the week, Loftus Road was a magnet to the likes of me, for all its crap seating/bogs and crap burgers it was home on most Saturdays, now its like a f ucking conference centre for failed business's.
My Father had a profound influence on me, he was a lunatic.
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