article_snippet: To make matters worse, the club’s financial accounts for the 2013-14 season when the club’s were in the Championship, filed at Companies House on Friday, show that the club’s ‘real’ losses last season were almost £70m.
article_snippet: Earlier this month, QPR announced they had made a loss of £9.8m but the accounts now prove the smaller loss figure was only possible because of owners — mainly
article_snippet: Tony Fernandes — wrote off £60m of old loans in an ‘exceptional item’ in the accounts.
article_snippet: Qpr owners including Tony Fernandes — wrote off £60million worth of old loans in the accounts .
article_snippet: Effectively, QPR counted that write-off as extra income.
article_snippet: But that money is noted in the accounts as being a
article_snippet: ‘related-party transaction’ — and
article_snippet: ‘real’ losses are £69.8m, the FFP fine they potentially face will be £57.9m.
article_snippet: QPR declined to comment and remain in talks with The Football League’s.
highlights_snippet: 58million .
  QPR accounts also face the possibility of losing star striker Charlie Austin .
  