" Championship club to legally fight the Football League "

Queens Park Rangers revealed they have begun legal proceedings against the Football League, a day after being relegated from the Premier League.

11th may 2015.

The club say they are challenging "the legality of the Championship Financial Fair Play rules", which could leave them facing a fine of up to £58m.

Rangers said any charge for breaching the rules would not begin until the outcome of their challenge was known.

Their relegation was confirmed by Sunday's 6-0 loss at Manchester City.

In March, the club announced losses of £9.8m, but £60m worth of loans were written off by owner Tony Fernandes and other shareholders.

A failure to pay any fine imposed could see the London side being refused entry into the Championship.

Football League Financial Fair Play

- Championship clubs were permitted losses of £8m (£5m funded by shareholders) in 2013-14.

- Clubs promoted back to the Premier League who exceeded those losses are subject to a fine.

- There is a sliding scale on the next £10m of losses, with a maximum fine of £6.681m.

- Once losses exceed £18m, the fine is imposed on a strict pound-for-pound basis.

- Should there be an overall loss of £30m, the fine would be almost £19m. If it was £50m, the figure would be nearly £39m.

The FFP is just bully boy tactics from the FL.

If an owner wants to plough millions into the club so be it. It is their money their loss.

Personally I would like to see more responsibility aimed at the directors who should take the punishment instead of the club when things go tips up. Why should the fans suffer the loss of their club because it is badly run by the directors?

.....If an owner wants to plough millions into the club so be it. It is their money their loss. .....

This is the part I do not understand.

Surely you are allowed to squander our own money. If the debt was being added to the clubs books then, yes FFP should kick in, but Fernandez wrote off the debt. Isn't this just what we are asking Tan to do?

It confuses me that owners are being told how to spend THEIR money. I can understand the FFP rules in respects to the CLUBS money.

Is there an assumption that he wrote off the debt but as soon as the parachute payments come they go straight into his pocket and there are not funds for the club?

The FFP is just bully boy tactics from the FL.

If an owner wants to plough millions into the club so be it. It is their money their loss.

Personally I would like to see more responsibility aimed at the directors who should take the punishment instead of the club when things go tips up. Why should the fans suffer the loss of their club because it is badly run by the directors?

Answer to your second point first.A football club is a limited company just like any other and all company directors are protected by limited liability.Otherwise there would be thousands of company directors in gaol.Your second point would be valid too if it was not outdated.The days are gone where people used to sink money into their beloved club,these days its all loan notes and this as we all know to well is what pushes clubs out of business.To be fair to the QPR directors they seem to have written off QPR's debt to them and its just a pity that ours starting with hamman don't do the same.

The FFP is just bully boy tactics from the FL.

If an owner wants to plough millions into the club so be it. It is their money their loss.

Personally I would like to see more responsibility aimed at the directors who should take the punishment instead of the club when things go tips up. Why should the fans suffer the loss of their club because it is badly run by the directors?

Answer to your second point first.A football club is a limited company just like any other and all company directors are protected by limited liability.Otherwise there would be thousands of company directors in gaol.Your second point would be valid too if it was not outdated.The days are gone where people used to sink money into their beloved club,these days its all loan notes and this as we all know to well is what pushes clubs out of business.To be fair to the QPR directors they seem to have written off QPR's debt to them and its just a pity that ours starting with hamman don't do the same.

Outdated....perhaps that is the problem.

Basically ffp is to keep the minions down so allowing the rich to get richer and stop anyone else trying to join them like man c, and chelsea have! Remember neither were competing at top before their present owners came along? so now they want closed shop!

The FFP is just bully boy tactics from the FL.

If an owner wants to plough millions into the club so be it. It is their money their loss.

Personally I would like to see more responsibility aimed at the directors who should take the punishment instead of the club when things go tips up. Why should the fans suffer the loss of their club because it is badly run by the directors?

Answer to your second point first.A football club is a limited company just like any other and all company directors are protected by limited liability.Otherwise there would be thousands of company directors in gaol.Your second point would be valid too if it was not outdated.The days are gone where people used to sink money into their beloved club,these days its all loan notes and this as we all know to well is what pushes clubs out of business.To be fair to the QPR directors they seem to have written off QPR's debt to them and its just a pity that ours starting with hamman don't do the same.

The directors may not be protected though if they are found guilty of wrongful trading following a formal insolvency - they could then be made personally liable for debts. Also , they are open to the risk of being disqualified from being directors of other businesses (like Peter Ridsdale).

The directors of CCFC are currently not without such risk as long as the club remains insolvent (it was by £66m a year ago) and the money owed to Vincent Tan remains a debt rather than a share capital injection.