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QPR latest Accounts 11:06 - Feb 26 with 12674 viewsCroydonCaptJack

Due up within the next five days.

https://beta.companieshouse.gov.uk/company/03197756/filing-history
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QPR latest Accounts on 11:47 - Feb 26 with 6711 viewsWokingR

Well that's got everyone on the edge of their seats.
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QPR latest Accounts on 12:35 - Feb 26 with 6655 viewsCroydonCaptJack

QPR latest Accounts on 11:47 - Feb 26 by WokingR

Well that's got everyone on the edge of their seats.


It is hardly sexy Friday I know

But worth noting in the scheme of things I thought.
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QPR latest Accounts on 12:41 - Feb 26 with 6638 viewsEastR

QPR latest Accounts on 12:35 - Feb 26 by CroydonCaptJack

It is hardly sexy Friday I know

But worth noting in the scheme of things I thought.


Yes! Don't pay any attention to the er, knockers ;)

Poll: Is time up for Ainsworth?

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QPR latest Accounts on 08:02 - Feb 27 with 6394 viewsNorthernr

Out now, cover the McClaren season.

Key figures - losses down from £22m in Ian Holloway's last season to £12m.

Wage bill down significantly, from £30m to £22m, and likely to be lower again for this year, so the rush of loans at the end of the window didn't stuff us tooooooo much. Avberage wage is £11k a week.

Spent nothing on players, got £3.9m in (Smithies, Sylla). Likely to increase next time thanks to Freeman, Furlong, Luongo sales.

Wages as proportion of income 69%, third lowest in the league.

Owners loaned in £11.4m interest free. We're insolvent without these ongoing handouts.

A £22m parachute payment plus broadcast fees from Sky made up 64% of our income, that drops to £7m in next set of accounts and then disappears altogether so wage as percentage of income likely to rise next time.

This post has been edited by an administrator
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QPR latest Accounts on 08:15 - Feb 27 with 6349 viewsGloucs_R

What are we allowed to lose over 3 years?

It or possible that we've made a profit offer the past 12 months?

Poll: Are we staying up?

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QPR latest Accounts on 08:26 - Feb 27 with 6322 viewsNorthernr

QPR latest Accounts on 08:15 - Feb 27 by Gloucs_R

What are we allowed to lose over 3 years?

It or possible that we've made a profit offer the past 12 months?


£39m. We're basically only within FFP because of the exemptions.
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QPR latest Accounts on 08:31 - Feb 27 with 6298 viewsBrianMcCarthy

QPR latest Accounts on 08:02 - Feb 27 by Northernr

Out now, cover the McClaren season.

Key figures - losses down from £22m in Ian Holloway's last season to £12m.

Wage bill down significantly, from £30m to £22m, and likely to be lower again for this year, so the rush of loans at the end of the window didn't stuff us tooooooo much. Avberage wage is £11k a week.

Spent nothing on players, got £3.9m in (Smithies, Sylla). Likely to increase next time thanks to Freeman, Furlong, Luongo sales.

Wages as proportion of income 69%, third lowest in the league.

Owners loaned in £11.4m interest free. We're insolvent without these ongoing handouts.

A £22m parachute payment plus broadcast fees from Sky made up 64% of our income, that drops to £7m in next set of accounts and then disappears altogether so wage as percentage of income likely to rise next time.

This post has been edited by an administrator


Thanks, Clive.

We can only lose 5m for this year, so?

"The opposite of love, after all, is not hate, but indifference."
Poll: Player of the Year (so far)

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QPR latest Accounts on 08:32 - Feb 27 with 6294 viewsNorthernr

QPR latest Accounts on 08:31 - Feb 27 by BrianMcCarthy

Thanks, Clive.

We can only lose 5m for this year, so?


Exemptions mate, academy costs and stuff like that, otherwise we'd have busted last year with that £22m loss.
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QPR latest Accounts on 08:39 - Feb 27 with 6259 viewsBrianMcCarthy

QPR latest Accounts on 08:32 - Feb 27 by Northernr

Exemptions mate, academy costs and stuff like that, otherwise we'd have busted last year with that £22m loss.


Gotcha, thanks.

"The opposite of love, after all, is not hate, but indifference."
Poll: Player of the Year (so far)

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QPR latest Accounts on 08:45 - Feb 27 with 6231 viewscolinallcars

Do we know how much of the 22m loss was defrayed by exemptions ? Good to see the wage bill coming down as well. I imagine Hall must be one of the highest earners now.
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QPR latest Accounts on 08:47 - Feb 27 with 6216 viewsLblock

Can we not just amortise every penny we spend for 100 years??????

Cherish and enjoy life.... this ain't no dress rehearsal

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QPR latest Accounts on 08:52 - Feb 27 with 6194 viewsNorthernr

QPR latest Accounts on 08:45 - Feb 27 by colinallcars

Do we know how much of the 22m loss was defrayed by exemptions ? Good to see the wage bill coming down as well. I imagine Hall must be one of the highest earners now.


No
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QPR latest Accounts on 09:08 - Feb 27 with 6136 viewsPhildo

QPR latest Accounts on 08:52 - Feb 27 by Northernr

No


The supertanker is 3/4 of the way round.
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QPR latest Accounts on 09:25 - Feb 27 with 6071 viewsAntti_Heinola

QPR latest Accounts on 08:02 - Feb 27 by Northernr

Out now, cover the McClaren season.

Key figures - losses down from £22m in Ian Holloway's last season to £12m.

Wage bill down significantly, from £30m to £22m, and likely to be lower again for this year, so the rush of loans at the end of the window didn't stuff us tooooooo much. Avberage wage is £11k a week.

Spent nothing on players, got £3.9m in (Smithies, Sylla). Likely to increase next time thanks to Freeman, Furlong, Luongo sales.

Wages as proportion of income 69%, third lowest in the league.

Owners loaned in £11.4m interest free. We're insolvent without these ongoing handouts.

A £22m parachute payment plus broadcast fees from Sky made up 64% of our income, that drops to £7m in next set of accounts and then disappears altogether so wage as percentage of income likely to rise next time.

This post has been edited by an administrator


To do all that and still be where we are, having sold Freeman and Luongo at the end of the season, is pretty remarkable.
MW got a big job on his hands next season though to work without Eze and maybe BOS.

Bare bones.

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QPR latest Accounts on 09:27 - Feb 27 with 6065 viewsTheChef

Seems to be good news for the most part.

Just wondering how long the owners will continue with the interest-free loans to keep us solvent, and how exactly we're paying them back?

Poll: How old is everyone on here?

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QPR latest Accounts on 09:43 - Feb 27 with 6019 viewsJeff

QPR latest Accounts on 09:27 - Feb 27 by TheChef

Seems to be good news for the most part.

Just wondering how long the owners will continue with the interest-free loans to keep us solvent, and how exactly we're paying them back?


unless something has drastically changed in the last year or so, all the loans are being provided by Ruben, and they are in effect just diluting the share pool each year, so Ruben becoming a bigger and bigger majority shareholder by virtue of acquiring another £10m of shares a year...

Can we not knock it?

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QPR latest Accounts on 09:59 - Feb 27 with 5968 viewsNorthernr

QPR latest Accounts on 09:25 - Feb 27 by Antti_Heinola

To do all that and still be where we are, having sold Freeman and Luongo at the end of the season, is pretty remarkable.
MW got a big job on his hands next season though to work without Eze and maybe BOS.


Just to be clear, the Freeman, Luongo, Furlong sales aren't included on here. They're in the next set.
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QPR latest Accounts on 10:12 - Feb 27 with 5904 viewsdaveB

and yet you still get people trying to say Marc Pugh is on 30k a week and we were paying similar for Wells.

Quite positive that the wages are coming down whilst we continue to compete.

When you see the wages to turnover figures for the league how the likes of reading are going to pas FFP is beyond me.
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QPR latest Accounts on 10:19 - Feb 27 with 5870 viewsloftus77

Well I’m no accountancy or actuarial genius… but, having scanned the whole report, the figures in the column ‘2019’ appear all consistently less than those in the column labelled ‘2018’.

That’s good enough for me. Well done Club.
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QPR latest Accounts on 10:20 - Feb 27 with 5866 viewsJeff

QPR latest Accounts on 10:12 - Feb 27 by daveB

and yet you still get people trying to say Marc Pugh is on 30k a week and we were paying similar for Wells.

Quite positive that the wages are coming down whilst we continue to compete.

When you see the wages to turnover figures for the league how the likes of reading are going to pas FFP is beyond me.


on top of that, as soon as the soft embargo was lifted at the end of the summer transfer window, they immediately dropped the thick end of £15m on Puskas and Joao...

Can we not knock it?

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QPR latest Accounts on 11:15 - Feb 27 with 5727 viewsDorse

The open-top bus parade has been booked for next season's accounts, with Les lofting a laminated balance sheet at the adoring fans and little boys queuing up to get their calculators signed by Lee Hoos.

(Edit - just read that back. God, I sound like such a bitch. Didn't mean it that way, just liked the imagery)
[Post edited 27 Feb 2020 11:16]

'What do we want? We don't know! When do we want it? Now!'

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QPR latest Accounts on 11:42 - Feb 27 with 5627 viewsactonman

So basically we need to sell our best young assets every year and keep producing replacements to sell at a profit every season while trying to stay in the league without spending any money.

Producing adequate players year on year will be helped by our training ground facilities and grading that won’t be happening anytime soon

Dwindling crowds with no other stadium income ?

It’s a wonder why we even fking bother !

FFP my ars!!
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QPR latest Accounts on 11:48 - Feb 27 with 5600 viewsNorthernr

QPR latest Accounts on 11:42 - Feb 27 by actonman

So basically we need to sell our best young assets every year and keep producing replacements to sell at a profit every season while trying to stay in the league without spending any money.

Producing adequate players year on year will be helped by our training ground facilities and grading that won’t be happening anytime soon

Dwindling crowds with no other stadium income ?

It’s a wonder why we even fking bother !

FFP my ars!!


While that is true and is bleak, look where Brentford have got by regularly buying low and selling high. It can be done.
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QPR latest Accounts on 11:57 - Feb 27 with 5549 viewsstevec

QPR latest Accounts on 08:32 - Feb 27 by Northernr

Exemptions mate, academy costs and stuff like that, otherwise we'd have busted last year with that £22m loss.


Be handy if clubs could publish a single page at the end of the accounts showing how FFP compliant they are over a three year rolling period, least we would be clear on the parameters available for the following season.
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QPR latest Accounts on 11:59 - Feb 27 with 5535 viewsNorthernr

QPR latest Accounts on 11:57 - Feb 27 by stevec

Be handy if clubs could publish a single page at the end of the accounts showing how FFP compliant they are over a three year rolling period, least we would be clear on the parameters available for the following season.


Agree, would make my job easier, but Hoos would simply tell you he doesn't want clubs that may be buying our players or selling players to us to know how that.
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