QPR finances

somuchfun · March 31, 2012

Telegraph said:
Telegraph Sport can also disclose that, during their Championship-winning season under Neil Warnock last year, QPRâ€™s Â£29.7 million wage bill amounted to 183 per cent of their Â£16.2 million turnover.

Since then, the wage burden has been even further increased by the arrival of established Premier League players such as Joey Barton, Shaun Wright-Phillips, Anton Ferdinand, Djibril CissÃ©, Bobby Zamora, Luke Young and Nedum Onuoha.

Queens Park Rangers count Â£56 million cost of joining the Premier League elite

Apparently they were losing 500k a week last year and I'm just wondering with them getting new players in in January too that can they cope with the very real prospect of relegation. They have a new owner and stuff but don't know how much he wants to chip in.

Baines' left foot · March 31, 2012

At least we're not QPR.

TheBlueGibbon · March 31, 2012

They're f*cked if they go down again. Especially if someone actually decides to enforce the financial fair play rules.

Bruce Wayne · March 31, 2012

And most of the money that's been put into the club by Ecclestone et al has only been via loans. This notion of the venerable sugar daddy willing to lose a few hundred million is cloud cuckoo land bar a few ridiculously wealthy people.

zed · March 31, 2012

Bruce Wayne said:
And most of the money that's been put into the club by Ecclestone et al has only been via loans. This notion of the venerable sugar daddy willing to lose a few hundred million is cloud cuckoo land bar a few ridiculously wealthy people.

its all cloudy bruce. chelsea owe abramovich about 800 mil coz hes only loaned them and the rest are the same

chicoazul · March 31, 2012

Fernandes' smug grid and his jarg behaviour makes me want them to right back down.

Hibbosculturedrightboot · March 31, 2012

the people I feel sorry for in these situations is (some) of the fans. I'd be devastated if Everton went under. Only the loud mouth whopper fans deserve that kind of things. Like certain city of ****e fans

TheFinnFan · March 31, 2012

hows villa doing dudes. ffs

somuchfun · March 31, 2012

TheFinnFan said:
hows villa doing dudes. ffs

Villa is still trying to tease me into making a bet that they'd get relegated. Just the fact that all the teams beneath them in the table are amazingly poor stops me from doing that.

peteblue · March 31, 2012

They're fcked......been nice knowing you.............

Alio · March 31, 2012

Apparently they have about 7 players on 70k....

The players dont have a relegation contract clause, which would lower their wage, but the Sponsors do. So technically, all of their sponsors could pull out next season

Ouch.

Groucho · March 31, 2012

Let's not moan about our own lot then eh? At least we're solvent. Kenwright may not be everyone's cup of tea but hey, at Least we're still in existence

BigBlueBalls · March 31, 2012

Right and proper persons. Why is there no test for those at the FA?

The Esk · March 9, 2015

Went virtually un-noticed by the press but I see that the QPR shareholders wrote off £60 million of debt last week.

http://www.qpr.co.uk/news/article/qpr-accounts-may-2014-shareholders-loans-2306179.aspx

craigw · March 9, 2015

Hope they go down. They have a few players who I cannot stand. And they stayed up at Boltons expense a few seasons back. (my 2nd team). I want Burnley to stay up. Sadly I do not think they will. Eh I am talking about relegation as though we are safe. Maybe that is a good sign.