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£1m a month loss

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  • £1m a month loss

    Spoke to a family friend today who has connections to flavio. Apparentley the club are losing around £1m a month. Surely this can't be true?

  • #2
    seems alot.........wouldn't have thought it was that much....surely the men at the top would have bailed out by now losing that kind of money.

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    • #3
      Cant be true. He's a successful businessman, dontchaknow
      QBP 20th August 2009..."To be fair, I'm glad we are top of the table (for agents fees). Shows we are not a selling club anymore."

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      • #4
        Sounds toooooo much...

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        • #5
          Originally posted by ollyhoops View Post
          Sounds toooooo much...
          Does it? I bet our wage bill is not far off a few of the smaller PL clubs, no TV Revenue, relatively low revenue from Sponsorship, failure to sell ST's and Executive Boxes.

          Would you really be surprised if it was true!

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          • #6
            Footballs a business and Flavio's a businessman and not stupid,

            Doubt very much it is true, and hope as well !
            Under Les Ferdinand:
            Luke Freeman, top assists in the league: 4million
            Alex Smithies, great goalie for this club: 3,5million
            Charlie Austin, 19 Premier League goals: 4million
            Jack Robinson: Contract ran out, left for free
            And many more mistakes

            LES FERDINAND, IT'S TIME TO GO

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            • #7
              Originally posted by qpr View Post
              Footballs a business and Flavio's a businessman and not stupid,

              Doubt very much it is true, and hope as well !
              Do you want to re-edit this?

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              • #8
                if this is true,the board have only got themselves to blame for alienating the fans by charging extortinate prices for tickets & not investing properly in the playing side,if they had done so,who knows we could of been in the prem by now & they would then be quids in with all the revenue prem football brings.

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                • #9
                  Originally posted by Quaz View Post
                  seems alot.........wouldn't have thought it was that much....surely the men at the top would have bailed out by now losing that kind of money.
                  That's what I tought. But, our monthly wage bill can't be far off that?

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                  • #10
                    Originally posted by terry ball View Post
                    That's what I tought. But, our monthly wage bill can't be far off that?
                    well if we are losing that then you can see why its all loans and not buys.

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                    • #11
                      Do the sums , it wont be far short of that .
                      WAGES
                      COUNCIL TAX
                      POLICE
                      SERVICING LOAN
                      MONEY OWED ON TRANSFERS
                      Football played the Charlie Ferris way

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                      • #12
                        Projected figure based on 15000 tickets sold to R's fans x 23 games

                        Approx 500k a month on wages

                        Servicing the loan ABC Loan

                        Empty Boxes, W12 Club & C Club

                        Compensation to Ex Managers

                        Agents Fees

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                        • #13
                          Originally posted by W12_Ranger View Post
                          Do you want to re-edit this?
                          :bad_smile:
                          Under Les Ferdinand:
                          Luke Freeman, top assists in the league: 4million
                          Alex Smithies, great goalie for this club: 3,5million
                          Charlie Austin, 19 Premier League goals: 4million
                          Jack Robinson: Contract ran out, left for free
                          And many more mistakes

                          LES FERDINAND, IT'S TIME TO GO

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                          • #14
                            Our debt is like a pack of cards . Shuffle them as much as you want , there will still be 52 in the pack
                            Football played the Charlie Ferris way

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                            • #15
                              wasnt sure at first but if you do so sums with all the players, staff, ground improvements ish, and the loans makes it all very possible imo

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