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QPR's Debt

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  • #16
    Originally posted by writtler View Post
    Don't forget Nodge - our 10 Mill loan to Amulya is due this year otherwise they have an option on claim the ground which in the last accounts was valued at c 25mill...

    So come July we could owe 35 mill plus no longer have a ground... We are in one serious mess and hopefully just hopefully some will take off the rose tinted specs and realise just what sh!te we are in - don't care who accuses me of being negative - realistic is what I prefer to call it..
    You're absolutely right mate, there are lot on here that think that cos we have rich owners everything will be ok. For those guys I have 2 words........Chris Wright!!!!!

    We are right in the brown stuff and totally financially reliant on a chairman who does not know what he is doing. Don't care if I get called negative, think we need to wise up and realise that the club is being run into the ground!

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    • #17
      Originally posted by Tarbie View Post
      think we need to wise up and realise that the club is being run into the ground!
      for the ground.

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      • #18
        Originally posted by writtler View Post
        Don't forget Nodge - our 10 Mill loan to Amulya is due this year otherwise they have an option on claim the ground which in the last accounts was valued at c 25mill...

        So come July we could owe 35 mill plus no longer have a ground... We are in one serious mess and hopefully just hopefully some will take off the rose tinted specs and realise just what sh!te we are in - don't care who accuses me of being negative - realistic is what I prefer to call it..
        I share your concerns mate.

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        • #19
          £35-40m easily, and i would suspect its climbing every month as i cant imagine the clubs turnover matches, let alone outstrips the wage bill....

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          • #20
            Er, sorry, thought that our owners had INVESTED in ther club. Surely that means that the debt is zero doesn't it?











            Just in case the dumb dumbs don't realise, that was IRONY - look it up if you're unsure what that means...

            Reckon £40m and climbing every day. You gotta figure that the only way Flab will get his money back is by getting us promoted.

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            • #21
              £30-40m
              cos of the re-financed debts/loans and c-club ,exec box spending and obvious losses.

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              • #22
                If Debt is the main focus, forget the playing side for a few years.

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