Queens Park Rangers face the threat of expulsion from Football League competitions should they fail to pay a potentially massive fine for breaching the Financial Fair Play rules, according to the BBC,
Rangers are potential facing a fine of approximately £54m if their losses, due to be posted in November, match those of the £65.4m in 2012-13 and if this is not paid the Football League has the power to refuse them entry to their competitions should they be relegated.
Under the FFP rules clubs are not allowed to post a loss of more them £8m and face a fine should these be exceeded.
There is a sliding scale on sanctions for the next £10m of losses and a club can be handed a maximum fine of £6.681. for these – but once losses top this £18m fines can be handed out on a strict pound by pound basis.
Should there be a loss of £30m a club will in theory be handed a maximum fine of around £19m, while a loss of £50m would see a £39m fine.
However, the swift return to the top flight has complicated the collection of this fine should it be handed out – as the Football League would be chasing a club outside its jurisdiction, with the Premier League stating that they will not be involved in any process that doesn’t involve them.
QPR Chariman Tony Fernandes has also indicated he will appeal any fine should the club face one.
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