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FYIComment
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These are of qpr fc
qpr holdings will be uploaded shortly
thank you for your patienceComment
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And this is before the second loan, right?Banning people is no longer my hobby,
but take a look at my photo blog:
http://kirillqpr.blogspot.com/
How and why did I start supporting QPR in Estonia:
http://www.wearetherangersboys.com/forum/blog.php?b=852Comment
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The most important document
QPR HOLDINGS
Accounts attached
Thank you for your patience
The WATRBs teamComment
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Banning people is no longer my hobby,
but take a look at my photo blog:
http://kirillqpr.blogspot.com/
How and why did I start supporting QPR in Estonia:
http://www.wearetherangersboys.com/forum/blog.php?b=852Comment
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Page 22 makes interesting reading too....A message to the other Premier League clubs when they visit Loftus Road.....
"NUESTRA GLORIA, VUESTRO INFIERNO"
(If you don't understand it, then learn Spanish. It is the language of world football.....)Comment
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accounts dont show anything unexpected really, club still losing moeny hand over fist, £6m loss this year which includes the £4m Caliendo wrote off or else we'd have made a £10m loss.......
GP remunerated to the tune of £196k (including the £75k consultancy fees paid toh is company)Comment
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I will try and convert these into text to copy and paste here later - as i know that some people dont have a pdf reader at work and only have internet at work.Comment
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it needs someone in the trade imo to work all this out...but have lost £6m??
a lot is loans and shares, renegotiated....
matchday sales DOWN £500K....thats important....
????Comment
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The loss isn't important as long as we have balance sheet to support it. Which on face of it we don't. Income flat, costs going up. Something's has to be there to fund this, be it a loan from a company or an individual. To me it looks like a company who is spending above its means. Having said that, be interesting to see the position post payment of ABC loan.
One final thing, having a lot of debt isn't necessarily a bad thing either, provided you can pay interest payments. All growing companies need debt as its cheaper than raising shares and tax deductable.
Personally I think its a bit of propogandaComment
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