Accounts

[Kirill]

OK, don't trust them then? Not sure what positivity you will gain from that though?

The positivity is that I know I am not being duped.

[Shepherds Mush]

I trust them as much as you'd trust a parent who gambles away the family income while blabbering about moving to a bigger and better flat.

Is that the same parent that earns all the income for the family in the first place?

[West London is Rss]

The positivity is that I know I am not being duped.

Didn't know any of us were being 'duped'.. try not to lose any sleep over it mate

[Kirill]

Is that the same parent that earns all the income for the family in the first place?

So he can gamble it away? And would he still earn it if the family turned away from him?

[Kirill]

Didn't know any of us were being 'duped'.

I don't think many of us are now.

[West London is Rss]

Don't worry about it Kirill... All will be OK. Stop panicking

[Kirill]

Don't worry about it Kirill... All will be OK. Stop panicking

I'm way past panicking.

[nasser95]

I'm way past panicking.

what? when did this happen?

[QPR Richard]

When the new stadium is built, there'll be the sale of naming rights, increased commercial activity, higher advertising revenues and ticket sales, along with more TV money. Can't see why long term we can't break even. The shareholders are probably taking the long term view with this as well.

We definitely need to keep an eye on the wage bill though. I guess all clubs have the same problem.

[Manx Hoop]

Parachute millions, will ease the pain, even better if we stay up.

And that 'new' add on property comp, will be the new development slush fund comp.

[Maidohoops]

They year before we were got relegated the highest wage bill in the Championship was with was Bolton at £37.4m. In the same year in the PL we had a wage bill of £78m. Only 6 PL clubs had a higher wage bill than us. We reduced that by £2.7m when relegated and ended with a wage to turnover ration of 195%. Not sure any other Championship team would have got close to that. (wages including Social Security costs).

[vblockranger]

They year before we were got relegated the highest wage bill in the Championship was with was Bolton at £37.4m. In the same year in the PL we had a wage bill of £78m. Only 6 PL clubs had a higher wage bill than us. We reduced that by £2.7m when relegated and ended with a wage to turnover ration of 195%. Not sure any other Championship team would have got close to that. (wages including Social Security costs).

195% wage to turnover? farkin hell i reckon we are aiming a bit too high. Playing in a league well above our means.

[Rangers77]

Still facing a £50M fine, apparently......

http://www.dailymail.co.uk/sport/football/article-2993315/QPR-fined-50m-breaching-Financial-Fair-Play-rules.html

[QPR Richard]

The FFP rules were changed recently after a vote. Can't see how they can do us under the old rules.

Besides, I'm sure the lawyers took a good look at this before the write-off occurred.

[brightonr]

195% wage to turnover? farkin hell i reckon we are aiming a bit too high. Playing in a league well above our means.

Personally, I think that this highlights just how badly both the players and management staff have so woefully under performed over the last couple of years.