QPR have been confirmed as npower Championship title-winners after escaping a points deduction, but they have been fined £875,000 by the Football Association.
Rangers were found guilty of two of the seven charges they faced over the transfer of Alejandro Faurlin to the club in 2009.
'The club were found to have been in breach of FA Rule E3, and to have also been in breach of FA Football Agents Regulations, A1,' read an FA statement.
'The commission found that in respect of the breach of FA Rule E3 the club be fined £800,000. In respect of the breach of FA Football Agents Regulations, A1, the club be fined a further £75,000.'
The statement added: 'In addition the club was warned as to its future conduct with particular regard as to regulatory compliance.
'The (independent regulatory) commission also ordered the club to pay a contribution of 50% of the costs of the regulatory commission.
'A further five charges against the club and one charge against (chairman) Mr Gianni Paladini were found not proven.'
QPR confirmed the matter was now in the hands of their lawyers.
Despite the fine, the outcome is a favourable one for QPR as it confirmed their promotion to the Barclays Premier League.
The Hoops, who were presented with the Championship trophy after going down 2-1 at home to Leeds today, had been left sweating on their status as champions as they awaited the verdict in the case.
QPR manager Neil Warnock paid tribute to his team for managing to concentrate on playing rather than be distracted by the off-field affairs.
He told BBC1's Football Focus: 'How they have managed to focus with all the rubbish some of the tabloids report, people speaking out when they shouldn't have done, didn't know their facts...they coped well.
'We haven't said anything, we just kept our counsel and did it on the pitch. I can't praise them high enough although it's not really sunk in at the moment, it's just a great feeling.'
