Harry Redknapp says threats that QPR could be thrown out of the Championship if relegated from the Premier League this season are "unrealistic".
Football League chief executive Shaun Harvey earlier this week warned QPR that they must pay their impending fine for expected losses of £60million from last term - or face being punished in another way, which could include being refused entry to the League.
Rangers have vowed to fight any sanctions, but must submit last year's accounts or pay their fine by December 1.
"There would have to be quite a few kicked out if that were to happen, wouldn't there?" said Redknapp, ahead of QPR's league trip to Old Trafford on Sunday.
Fair play would be everybody having a maximum of £30million a year to spend on their team, produce some kids out of the youth team and work harder with the players they've got.
"I think it's unrealistic, and I don't see it happening. To make it fair play we should be able to spend as much as Man United before we play them on Sunday shouldn't we?
"What is fair play? I don't know. One team can spend £200million on a team, another team might spend £8million on a team, and that's not fair play is it.
"Fair play would be everybody having a maximum of £30million a year to spend on their team, produce some kids out of the youth team and work harder with the players they've got.
"To call it fair play, the whole league isn't fair play: you've got seven teams at the top on another planet.
"I don't know what the rules are to be honest, but the owners have brought a few players in.
"We've lost (Loic) Remy but we've spent maybe £20million above the Remy money, so the owners have been fantastic, the effort to help us compete.
"But it's never going to be a fair playing field, you haven't got to be a genius to know the top seven will almost certainly be the same as last year.
"It can get a bit boring, but it will be the same, I'm pretty sure of that."
Harvey insists the Football League has the power to impose sanctions on QPR, despite their summer promotion.
"Theoretically that is the position, but I would hope there would be resolution long before that option even had to be considered," Harvey said at Manchester's Soccerex conference on Tuesday.
"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.
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"The one thing for certain is that most clubs (in the Premier League) will become a Football League club again."
Redknapp believes QPR can avoid the situation entirely if they secure their Premier League status this term.
"I've blocked it out of my own mind," he said. "That's up to the owners, I'm sure they know what they're doing and I'll leave it to them.
"If we can (avoid relegation) yes, but it's a difficult one: if teams invest then get relegated, what do you do?
"You lose all your players. If you buy a few players to try to stay up then go down, you can't suddenly have a fire sale, it's tough to unload players on Premier League wages into the Championship.
"It's a chicken and egg situation: do you just come up and go down again, and not spend any money?
"Or do you spend the money, go down again and struggle to release the players, and get punished by the Fair Play rule?
"I don't know, it's a strange one."