Vital Football

Latest QPR News

New Financial Regulations

New Financial Regulations

Vital QPR - Breaking News
JavaScript must be enabled for the RSS Scrollbox Widget to work.


At thier Annual General Meeting, Football League clubs have voted to introduce new financial regulations relating to tax payments.

Once necessary practical arrangements have been made, any club that falls behind with its employee related payments to HMRC will be subject to a transfer embargo until such time as the debt is cleared.

Football League Chairman Lord Mawhinney explained: "It is only right that we do not permit clubs that are unable to meet the costs associated with their existing playing staff to make further new player commitments."

Clubs have also agreed to give The League written permission to monitor, as appropriate, their tax affairs directly with HMRC, who have welcomed this new arrangement.

Lord Mawhinney said: "This new regime will provide us with an early warning system where clubs are facing financial problems. It should also help prevent HMRC debt reaching levels that otherwise could hinder the potential rescue of the club through a CVA.

"More importantly, football generally needs to develop a culture of paying its debts rather than putting them off for another day. This will help our clubs to become more financially sustainable in the longer term."


Clubs also approved a proposal from Derby County to increase the number of substitutes for Coca-Cola Football League matches to seven (from the current five), of which three may enter the field of play.



Have your say on The Forum

Follow us on Twitter

Become our friend on Facebook - Add Vital Queens Park Rangers

Writer:Boxer
Date:Friday June 12 2009
Time: 6:09PM

Comments

0
It's got to be a good thing has it not this tax rule?
merlin
12/06/2009 18:29:00
Page 1/1
  1. 1

Login to post a comment

Recent Queens Park Rangers Articles

Which Manager Has Spent The Most?

The modern game tells us that the club who spends the most money wins. So does the manager who spends the most money win the most also?

Hasselbaink Involved In Telegraph Sting

QPR boss highlighted by the Daily Telegraph in a video on their website.

Polter Saves QPR

A SECOND half strike from Seb Polter ensured Queens Park Rangers took a share of the spoils in a less than thrilling return to the Pirelli Stadium for Jimmy Floyd Hasselbaink.

While the home supporters chanted the name of their former manager - who guided them into League One and helped pave the way for their current Championship status - the visiting supporters were left exasperated by another fairly tepid display.

It could have been worse for the visiting side as they fell behind

Burton Albion v QPR - Team News

Three changes for Jimmy Floyd Hasselbaink and QPR

Archived Vital QPR Articles

Vital QPR articles from

Site Journalists

Boxer
Editor email
Profile
sandydl
no email
Profile
Superhoop50
no email
Profile
danielqpr
no email
Profile
JackSupple
no email
Profile

Current Poll (see more polls)

MotM - Burton Albion v QPR
Suggested By:
Smithies0%
Onuoha0%
Hall0%
Caulker0%
Bidwell0%
Henry0%
Luongo0%
Borysiuk0%
Chery0%
Wszolek100%
Washington0%
Polter0%
Lynch0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Huddersfield 10 7 1 2 22 5
2 Norwich 10 6 2 2 20 5
3 Newcastle 10 6 1 3 19 11
4 Brighton 10 5 3 2 18 6
5 Brentford 10 5 2 3 17 9
6 Bristol City 10 5 2 3 17 6
7 Birmingham 10 4 5 1 17 4
8 Sheff Wed 10 5 2 3 17 0
9 Reading 10 5 2 3 17 -3
10 Barnsley 10 5 1 4 16 6
11 Wolves 10 4 3 3 15 2
12 Fulham 10 3 5 2 14 -2
13 Ipswich 10 3 4 3 13 0
14 Leeds Utd 10 4 1 5 13 -2
15 Forest 10 3 3 4 12 -2
16 Q.P.R. 10 3 3 4 12 -4
17 Aston Villa 10 1 7 2 10 0
18 Burton 10 2 4 4 10 -2
19 Preston 10 3 1 6 10 -4
20 Derby County 10 2 3 5 9 -4
21 Wigan 10 2 2 6 8 -2
22 Blackburn 10 2 2 6 8 -7
23 Cardiff 10 2 2 6 8 -9
24 Rotherham 10 1 3 6 6 -13
Latest F1 News
Latest Vital Boxing News

Recent Queens Park Rangers Results (view all)

Queens Park Rangers Fixtures (view all)

Oct 1 2016 12:45PM : Fulham (a)
Sky Bet Championship
Oct 15 2016 3:00PM : Reading (H)
Sky Bet Championship
Oct 18 2016 7:45PM : Bristol City (H)
Sky Bet Championship
Oct 22 2016 3:00PM : Sheffield Wednesday (a)
Sky Bet Championship
Oct 28 2016 7:45PM : Brentford (H)
Sky Bet Championship
Nov 5 2016 3:00PM : Nottingham Forest (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.QPR4Me19
2.Boxer4
3.dustman1