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

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free 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".

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

Related News

Most Commented

Readers' Comments

E

ven if United were to sign CR7 & Messi to play upfront, the fact remains Fletcher and Cleverly are playing in midfield. That's where the problem is. Fletcher is too slow with an awful pass, while Cleverly is simply rubbish

mrunited4life
Di Maria - A Signing of Necessity, or Opportunity?

T

hese days, these days, you can't say something racist without somebody saying that you're a racist.

tk421
'Wrong' Views Not Silenced By Shouting...

D

rop Rooney (he's so disappointing, overrated and overpaid), and play Di Maria and RVP upfront, much like the set up at the Netherlands team with Roben and RVP...

eric bush3
Di Maria - A Signing of Necessity, or Opportunity?

Footer 365

Transfer news: Tottenham strike deal for Montpellier midfielder Benjamin Stambouli

Tottenham have agreed a fee with Montpellier for defensive midfielder Benjamin Stambouli, according to the French club.

Transfer news: Chelsea confirm agreement with AC Milan for two-year Fernando Torres loan

Chelsea striker Fernando Torres will have a medical at AC Milan on Saturday ahead of an agreed two-year loan deal.

Europa League: Roberto Martinez happy Everton start and finish at home

Roberto Martinez is happy with the way the fixtures have worked out for Everton in their tough Europa League draw.

Mail Box

Surely A Spurs Fan Should Remember...

...what happened to the fourth Champions League place the last time an English team won the thing. Plus, who would want to pay £60 to watch the current England team?

Ginger Pirlo? Don't Make Me Laugh...

A Sunderland fan in the mailbox is surprised by Jack Colback's call up to the England squad. Plus, thoughts on Welbeck and Liverpool's Champions League draw...

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