Wednesday, 25 October 2017

The financial fair play saga

It is probably half forgotten now, but one of Roland's calculations when he took over Charlton was that financial fair play rules would create more of a level playing field between clubs. Hence, promotion would be feasible without spending too much money.

One would have thought that Katrien as a competition lawyer would have warned him that financial fair play rules were open to challenge under competition law.

QPR were nevertheless fined a staggering £41m after they went on a spending spree. They have been fighting the fine through legal channels for three years and the latest stage in the saga has now been reached with a panel of lawyers confirming the fine: QPR saga

The Super Hoops are going to appeal against the decision.

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