QPR have been warned over their transfer spending by Football League chief executive Shaun Harvey.
QPR risk being refused entry back into the Championship if the club refuse to comply with a huge expected fine for breaching financial fair play rules, Harvey has warned.
QPR are expected to have made losses of around £60m last season, when they were promoted from the Championship, which would incur a fine of £40m from the Football League.
Asked if exclusion was the 'nuclear option', Harvey, speaking at the Soccerex conference in Manchester, said: "Theoretically that is the position, but I would hope there would be resolution long before that option even had to be considered.
"We are satisfied we still have the ability under our regulations to charge them for a breach of our rules whilst they were in membership.
"The one thing for certain is that most clubs [in the Premier League] will become a Football League club again.
"Now QPR will of course be hoping it does not happen for some considerable number of seasons. But the chances are they will need to return to the Football League fold at some point in the future. Certainly, three of the current 20 clubs that are in the Premier League will be in the Football League next season."
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