Fernandes rubbishes article

QPR chairman Tony Fernandes says a report claiming the club could be handed a £60m fine is "not accurate".

Last Updated: 17/11/13 at 18:07 Post Comment

Tony Fernandes: Told fans to disregard paper claims

Tony Fernandes: Told fans to disregard paper claims

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

The Mail on Sunday says QPR will be penalised under the new Football League Financial Fair Play rules if they make a heavy loss this term.

The newspaper stated: "New rules that aim to limit club losses come into force this season and Championship clubs will be forced to pay a 'fair play tax' on financial deficits.

"QPR are believed to have lost £80m in the 2012-13 season. That figure will be an indicator of losses in the current season.

"If promoted, QPR will be hit with a fine of £1 for every £1 loss over £18m in 2013-14. They could avoid a fine, or at least postpone it, if they fail to get promoted.

"In that case, they will be hit with a lengthy transfer embargo."

But Fernandes, who is the majority shareholder at QPR, posted a response to the piece on his Twitter account which advised fans not to be alarmed.

"QPR fans, please ignore article," he wrote.

"Shows how big our brand has become that people need to write stories that are just not accurate. Stay focused on getting back to the Premier League."

QPR were relegated from the Premier League last season despite signing a number of high profile players, who the Mail on Sunday reports are on "huge contracts".

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Liverpool's Adam Lallana could miss start of Premier League with knee injury

Adam Lallana looks set to miss the start of the new Premier League season after suffering a knee injury in training.

Liverpool: Fara Williams welcomes Steven Gerrard contract news

Fara Williams reckons the contract set to be handed to Steven Gerrard will give Liverpool supporters a huge boost.

Transfer news: Sunderland sign Patrick van Aanholt from Chelsea

Sunderland have completed the signing of Holland left-back Patrick van Aanholt from Chelsea on a four-year deal.

Mail Box

Are Pre-Season Tours Really A Problem?

Are pre-season tours really a problem? Liverpool went to Australia last summer and it didn't prevent them from having a good season. Plus, thoughts on LvG and keepers...

It Isn't Easy Supporting Spurs, You Know

We have a long mail about the travails of supporting Spurs, plus Friday thoughts on Marko Marin, marketing, victory v beauty, travelling and vanishing sprays...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property