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QPR agree £42m settlement after breaking spending rules

on Fri 27 Jul 2018, 1:56 pm
From BBC Football

QPR have agreed a settlement of almost £42m with the English Football League after an arbitration panel dismissed the Championship club's claims that Financial Fair Play rules are unlawful.
The settlement includes a £17m fine, paying £3m of the EFL's legal costs and the agreement from club shareholders to write off £22m of outstanding loans.
QPR will also be under a transfer embargo for the January 2019 window.
It is believed the EFL have agreed to a payment schedule over 10 years.

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