Taiwo’s Club Face Financial Crisis

English Premier League club of Nigerian Taye Taiwo, QPR, face a financial nightmare if they are relegated, because none of their stars will be forced to take a pay cut.

Hoops’ big earners like £70,000-a-week Joey Barton, January signing Djibril Cisse, who gets £60,000 a week, will still be paid their contracts if they drop into the Championship.

Premier League players normally see their wages cut by between 33-50 per cent if they are relegated.

But Rangers were so desperate to sign players like Shaun Wright-Phillips and Anton Ferdinand last summer they did not include a relegation clause in contracts following their promotion in May.

QPR’s mega-rich owner Tony Fernandes has deep pockets but it seems he is now realising the impact of relegation, with some players on four-year deals worth over £10million.

Chief executive Phillip Beard said: “Ideally, we stay in the Premier League. If things don’t work out, we’ll fight tooth and nail to come back up.”