An Arbitral Panel has dismissed Queens Park Rangers’ claim that the English Football League’s 2012 Financial Fair Play Rules were unlawful under Competition Law, and also found that the fine levied by the EFL on the Club was not disproportionate.
The decision of the three-man panel was released to the parties on the 19th October.
QPR has indicated that it intends to appeal the decision.
EFL Chief Executive Officer Shaun Harvey said: “This decision vindicates the approach of the EFL Board in defending this challenge. The Board will continue to enforce our Rules on Clubs to protect the interests of those that do comply.
"The Board understand the challenges that this decision could create for our valued, Member Club and will work with them, as and when the matter formally concludes.
"It has taken a long time to get to this outcome and I'd like to publicly thank all those individuals who have supported our approach.”
QPR Chief Executive Officer Lee Hoos said: “We are understandably disappointed with the decision and will be appealing the decision.”
The EFL will be not be making any further comment on this matter at the present time.