️<unk>️<unk>️<unk>️  Financial accounts for QPR show their'real' losses last season were almost £70million - a figure that still leaves them facing a fine of more than £50m. Football League's complex Financial Fair Play rules are designed to discourage rich owners buying success and endangering the health of their clubs.<unk> Football League's complex Financial Fair Play rules are designed to discourage rich owners buying success and endangering the health of their clubs.<unk> ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ Earlier this month QPR announced they had made a loss of £9.8m but the accounts filed at Companies House now prove the smaller loss figure was only possible because of the owners, mainly Tony Fernandes, writing off £60m of old loans in an 'exceptional item' in the accounts.<unk> Earlier this month QPR announced they had made a loss of £9.8m but the accounts filed at Companies House now prove the smaller loss figure was only possible because the owners, mainly Tony Fernandes, wrote off £60m of old loans in an 'exceptional item' in the accounts. Owner QPR Tony Fernandes was among those to write off £ 60million of old loans to the London club. QPR's players get put through their paces in training ahead of Saturday's game against Crystal Palace.<unk> QPR's players get put through their paces in training ahead of Saturday's game against Crystal Palace.<unk> : Queens Park Rangers accounts for 2013-14 have now been filed in detail at Companies House.<unk>: Queens Park Rangers accounts for 2013-14 have now been filed in detail at Companies House. What do they show?<unk> What do they show? : They show that the club's <unk>true<unk> losses for last season were £69.8m, instead of the £9.8m declared by the club earlier this month. <unk> <unk> <unk> <unk> <unk> <unk> <unk> Their real income was £38.7m. : Why does this matter? : Because if clubs lose a lot of money in the Championship, where QPR played last season, they face potential <unk>Financial Fair Play<unk> fines from the Football League. Because if clubs lose a lot of money in the Championship, where QPR played last season, they face potential <unk>Financial Fair Play<unk> fines from the Football League. FFP rules are in place to stop clubs <unk>financial doping<unk> and stop them spending themselves to bankruptcy. <unk>FFP rules are in place to stop clubs <unk>financial doping<unk> and stop them spending themselves to bankruptcy. ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ : QPR face how much fine? A: If they<unk>d really lost only £9.8m last season, the fine would have been tiny, perhaps not even a million pounds. (A: If they<unk>d really lost only £9.8m last season, the fine would have been tiny, perhaps not even a million pounds.) <unk> <unk> <unk> <unk> <unk> <unk> ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ Q: Who will decide? <unk> <unk> <unk>
QPR announced a loss of £ 9.8million up to May 2014 earlier this month.<unk> QPR announced a loss of £ 9.8million up to May 2014 earlier this month.<unk> QPR announced a loss of £ 9.8million up to May 2014 earlier this month. Real<unk> loss was almost £70m after £60m of loans were written off.<unk> £60m of loans were written off.<unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️