Transfer rumours 2024 19:24 - Apr 28 with 759701 views | Wilkinswatercarrier | Started already since we thumped the Yorkshire Massive so going early. Apparently we are linked with Bosun Lawal. Celtic, on loan at Fleetwood, centre midfield or centre back. 20 years old, Irish apparently. Feel free to add as they come in ! | | | | |
Transfer rumours 2024 on 16:18 - Aug 21 with 8416 views | Lanhoop |
Transfer rumours 2024 on 16:13 - Aug 21 by QPR_John | We are a strange group. The club seem to have had a good window but the response is to worry about FFP. If there had been no incoming players this window the response would be to worry about relegation and to accuse the owners of no longer being interested in the club. Would there ever be a time when everybody is happy. |
Not a chance. Win the champions league 9-0 and someone would be moaning we didn't score 10. | | | |
Transfer rumours 2024 on 16:38 - Aug 21 with 8160 views | 1JD |
Transfer rumours 2024 on 16:05 - Aug 21 by DavieQPR | 'Was' being the operative word. |
It’s clear that most QPR fans have no idea what Retexo Intelligence was or specialised in as evidenced by your post. And “Managing Partner for Europe” has far less of a wow factor when you understand it was simply a 2-man band. | | | |
Transfer rumours 2024 on 16:45 - Aug 21 with 8052 views | francisbowles |
Transfer rumours 2024 on 16:13 - Aug 21 by QPR_John | We are a strange group. The club seem to have had a good window but the response is to worry about FFP. If there had been no incoming players this window the response would be to worry about relegation and to accuse the owners of no longer being interested in the club. Would there ever be a time when everybody is happy. |
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Transfer rumours 2024 on 16:46 - Aug 21 with 8038 views | derbyhoop | The departure of Begovic, Willock and Dozzell, especially the former, would have saved a good chunk off the wage bill. Then, amortise new player contracts over contract length and it may give us room to keep within P&S rules. | |
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Transfer rumours 2024 on 16:47 - Aug 21 with 8020 views | derbyhoop |
Transfer rumours 2024 on 16:12 - Aug 21 by Northernr | Well probably a degree of confusion between euros and quids in there. |
Not that much, though. £:€ was 1.18 last month, 1.173 today. So 3m€ would equate to just over £2.5m [Post edited 21 Aug 16:51]
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| "Travel is fatal to prejudice, bigotry and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the Earth all one's lifetime." (Mark Twain)
Find me on twitter @derbyhoop and now on Bluesky |
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Transfer rumours 2024 on 17:00 - Aug 21 with 7875 views | OldPedro |
Transfer rumours 2024 on 15:29 - Aug 21 by Galileo | Agree, however when prospective PL purchasers see how JCS got skinned against Spurs they may temper their their desire to pay 10 mil. That aside 10 mil is probably money well spent in the that crazy league, 25 for Skipp makes anything less look a steal. |
Luton have signed 23 year old central defender Mark McGuinness from Cardiff after 86 appearances in 3 years - fee reported to be upto £10 mil with add-ons. Spent half of last season injured. So if JCS goes, surely worth a similar amount? | |
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Transfer rumours 2024 on 17:01 - Aug 21 with 7855 views | EalingHoop81 |
Transfer rumours 2024 on 16:47 - Aug 21 by derbyhoop | Not that much, though. £:€ was 1.18 last month, 1.173 today. So 3m€ would equate to just over £2.5m [Post edited 21 Aug 16:51]
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Transfer fees are amortised (spread) over the life of the contract for accounting purposes. So the profit on the Armstrong transfer is recognised immediately, transfer fees paid spread over the life. So in accounting terms suspect were not far off break even. We are likely then at a lower wage bill per week than last year given the number of high earners removed in the summer. So I don’t think this transfer business is as crazy as some have suggested but I could be wrong. PS I am a chartered accountant but haven’t crunched the numbers. | | | |
Transfer rumours 2024 on 17:13 - Aug 21 with 7674 views | BostonR | Let’s not forget that whilst this transfer stuff is on-going Ruben is till covering circa £2M of operational losses per month - primarily on the stadium. That is not sustainable, but has been part of the landscape for sometime. I hope the new management are tackling that issue as that level of loss cannot continue. | | | | Login to get fewer ads
Transfer rumours 2024 on 17:14 - Aug 21 with 7666 views | EalingHoop81 |
Transfer rumours 2024 on 17:01 - Aug 21 by EalingHoop81 | Transfer fees are amortised (spread) over the life of the contract for accounting purposes. So the profit on the Armstrong transfer is recognised immediately, transfer fees paid spread over the life. So in accounting terms suspect were not far off break even. We are likely then at a lower wage bill per week than last year given the number of high earners removed in the summer. So I don’t think this transfer business is as crazy as some have suggested but I could be wrong. PS I am a chartered accountant but haven’t crunched the numbers. |
It will also have a knock on impact on next 3 years as the cost is incurred evenly over the contract. So will bite next year and so on. The club may well expect Eze will be sold or we’ll sell one of JCS, Chair or one of the acquisitions on that period to balance the books. Difference to 2021 was the complete lack of any sell on value with Uncle, Gray, Stef, Austin, Wallace etc | | | |
Transfer rumours 2024 on 17:20 - Aug 21 with 7588 views | Hunterhoop |
Transfer rumours 2024 on 17:01 - Aug 21 by EalingHoop81 | Transfer fees are amortised (spread) over the life of the contract for accounting purposes. So the profit on the Armstrong transfer is recognised immediately, transfer fees paid spread over the life. So in accounting terms suspect were not far off break even. We are likely then at a lower wage bill per week than last year given the number of high earners removed in the summer. So I don’t think this transfer business is as crazy as some have suggested but I could be wrong. PS I am a chartered accountant but haven’t crunched the numbers. |
That makes sense. But relies on you having further player sales next year and the year after to cover the amortised cost of previous purchases, on top of having further sales to cover the costs of players purchased at that moment in the future. In short it is a highly risky strategy that could collapse in on itself if you can’t keep selling players for the value or greater than you historical outlays. It is precisely the approach Chelscum take. It is very likely to return and bite you on the arse. And we don’t have any hotels to shift to generate some income. We need to sell someone before the end of Aug, IMO. | | | |
Transfer rumours 2024 on 17:20 - Aug 21 with 7587 views | Antti_Heinola |
Transfer rumours 2024 on 16:13 - Aug 21 by QPR_John | We are a strange group. The club seem to have had a good window but the response is to worry about FFP. If there had been no incoming players this window the response would be to worry about relegation and to accuse the owners of no longer being interested in the club. Would there ever be a time when everybody is happy. |
I don’t think either of those reactions are remotely ‘strange’ and it’s not about being happy, I’m quite happy with many things at the club, but anything other than healthy scepticism under our benevolent yet scattershot owners would be grossly naive. | |
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(No subject) (n/t) on 17:29 - Aug 21 with 7443 views | QPR_John |
Transfer rumours 2024 on 17:20 - Aug 21 by Antti_Heinola | I don’t think either of those reactions are remotely ‘strange’ and it’s not about being happy, I’m quite happy with many things at the club, but anything other than healthy scepticism under our benevolent yet scattershot owners would be grossly naive. |
[Post edited 21 Aug 17:30]
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Transfer rumours 2024 on 17:31 - Aug 21 with 7414 views | numptydumpty |
Transfer rumours 2024 on 17:01 - Aug 21 by EalingHoop81 | Transfer fees are amortised (spread) over the life of the contract for accounting purposes. So the profit on the Armstrong transfer is recognised immediately, transfer fees paid spread over the life. So in accounting terms suspect were not far off break even. We are likely then at a lower wage bill per week than last year given the number of high earners removed in the summer. So I don’t think this transfer business is as crazy as some have suggested but I could be wrong. PS I am a chartered accountant but haven’t crunched the numbers. |
What year, that salaries are recorded can be an excellent way to cover years two and three of certain players and can also give them time to develop and grow with our club. All the signings here currently, are young players with the future potential to improve here, and stay here for the medium to long term. The hope being that most of our signings this season are here next season and with a season here under their belts, the plan is clearly for them to develop, with a sell on fee down the line. Think some of this non disclosure is to prevent fans from lumping on with nasty criticism on certain players who we know what wages and how long they are here and the costs of bringing them in here. And as some players maybe fragile, it could potentially mean the social media backlash isn't there through lack of hard facts. Meaning the player could develop without added stresses of being criticised by one man and all of his dogs.... We have to trust the staff to do their job. Others have failed but let's trust in the new guy to be more sensible and constructive in his dealings. Us knowing won't make a jot of difference, good or bad anyhow. The people before ballsed up and we knew about it but obviously there was nothing knowing about it that changed anything in any way. So the question I ask is, why do we need to know everything about costs and the terms of transfers. The staff are not stupid, provisions would be in place and the last choice is to overspend and sensible decisions am sure are being made, in regards to what we can and can't afford. I think potentially it could give us an extra mystery around transfer values in or out so that dealings with agents and other clubs are cloudy, which allows ourselves to play hardball with negotiations and increasing the likelihood that we can bring in higher valued players than we might otherwise been able. Appreciate this view is not with the majority on here but for me the clubs new approach is sensible for a variety of positive reasoning. If we don't know ourselves, why is this an issue for many on here. From a journalistic and debate challenge, can see why people would like to know but why should we know and what good could it do, if we did know anyhow, it's not going to change decisions the club will sanction and allow. They will still make decisions based on their own modes of thinking and their beliefs that their decisions are for the good of the club [Post edited 21 Aug 17:52]
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Transfer rumours 2024 on 17:33 - Aug 21 with 7368 views | baz_qpr |
Transfer rumours 2024 on 17:20 - Aug 21 by Hunterhoop | That makes sense. But relies on you having further player sales next year and the year after to cover the amortised cost of previous purchases, on top of having further sales to cover the costs of players purchased at that moment in the future. In short it is a highly risky strategy that could collapse in on itself if you can’t keep selling players for the value or greater than you historical outlays. It is precisely the approach Chelscum take. It is very likely to return and bite you on the arse. And we don’t have any hotels to shift to generate some income. We need to sell someone before the end of Aug, IMO. |
Or next time "naming rights" to the stands, pitch, scoreboard and toilets come up they will just happen. to be whatever is needed to cover any deficit if there is one as each club seems to be doing | | | |
Transfer rumours 2024 on 17:48 - Aug 21 with 7158 views | numptydumpty | The DEFAULT MODE of THINKING within your average Queens Park Rangers fan is SUSPICION !! Ie If we know all and sundry, our devious owners and staff cannot hide any elements of our deals, otherwise we will all automatically think they are incompetent and very scattergun in approach. But if we know nothing, their approach will be kamikaze simply because we know nothing !!!! Default mode of sports fans in general though, to be fair !!!! | |
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Transfer rumours 2024 on 17:51 - Aug 21 with 7105 views | EalingHoop81 | On the same vein as the amortisation of transfer fees. I suspect last year was the final one where the Dykes and Willock fees were spread across. Likely we also paid a joining fee to Dozell and suspect that was spread over the contract too. The issue with 2021 was the impact of amortised transfer fees AND significant salaries. An an example if we are paying Varane £10k a week and a £900k fee the it’s the equivalent of £16k a week over the life of the 3 years…or £800k a year. The same as the Willock transfer amortisation and salary if he was on £10k per week. If Celar cost £2m the amortisation would be similar to Dykes from the 2020 transfer. Caveat……I audit mainly listed companies and not looked in detail at football finance, but I would be surprised if the upfront acquisition costs are not all spread as I have described above over the initial contract length at the date of signing….. | | | |
Transfer rumours 2024 on 17:56 - Aug 21 with 7024 views | numptydumpty |
Transfer rumours 2024 on 17:51 - Aug 21 by EalingHoop81 | On the same vein as the amortisation of transfer fees. I suspect last year was the final one where the Dykes and Willock fees were spread across. Likely we also paid a joining fee to Dozell and suspect that was spread over the contract too. The issue with 2021 was the impact of amortised transfer fees AND significant salaries. An an example if we are paying Varane £10k a week and a £900k fee the it’s the equivalent of £16k a week over the life of the 3 years…or £800k a year. The same as the Willock transfer amortisation and salary if he was on £10k per week. If Celar cost £2m the amortisation would be similar to Dykes from the 2020 transfer. Caveat……I audit mainly listed companies and not looked in detail at football finance, but I would be surprised if the upfront acquisition costs are not all spread as I have described above over the initial contract length at the date of signing….. |
Makes sense to spread the cost of wages and also with the transfer fee also. Especially as am certain most of these players have options at least to be here and hopefully develop in a minimum of two seasons. All makes for a sound business model to me. Do they know this is the world of football and football doesn't do sensible business !! All good for me !! | |
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Transfer rumours 2024 on 18:09 - Aug 21 with 6875 views | PhilmyRs |
Transfer rumours 2024 on 17:20 - Aug 21 by Hunterhoop | That makes sense. But relies on you having further player sales next year and the year after to cover the amortised cost of previous purchases, on top of having further sales to cover the costs of players purchased at that moment in the future. In short it is a highly risky strategy that could collapse in on itself if you can’t keep selling players for the value or greater than you historical outlays. It is precisely the approach Chelscum take. It is very likely to return and bite you on the arse. And we don’t have any hotels to shift to generate some income. We need to sell someone before the end of Aug, IMO. |
Agree with it being a risky strategy. I would say though that the profile of player we're buying (or hopefully buying as part of these initial loan agreements), does at least support this strategy a bit more than the type of players we've purchased in previous seasons. I guess if you sign 7-10 players all at good ages, all smashing the data side of things out the park, you have a much better chance of striking gold. | | | |
Transfer rumours 2024 on 18:16 - Aug 21 with 6777 views | FDC | This guy posts some excellent threads
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Transfer rumours 2024 on 18:40 - Aug 21 with 6412 views | DylanP | I saw an article that said we have agreed a 3.75M (Euros) transfer fee for Madsen from KVC Westerlo. I really don't know what to make of that as I've never heard of the player and I cannot imagine where we got that kind of money (even if it is amortized, etc.) Edited post to add the following: Madsen is Danish and KVC Westerlo are Belgium. And, Wikipedia already has him as a QPR player (and wikipedia wouldn't lie, would it?) Anyone? [Post edited 21 Aug 18:43]
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Transfer rumours 2024 on 20:21 - Aug 21 with 5297 views | Gus_iom |
Transfer rumours 2024 on 18:40 - Aug 21 by DylanP | I saw an article that said we have agreed a 3.75M (Euros) transfer fee for Madsen from KVC Westerlo. I really don't know what to make of that as I've never heard of the player and I cannot imagine where we got that kind of money (even if it is amortized, etc.) Edited post to add the following: Madsen is Danish and KVC Westerlo are Belgium. And, Wikipedia already has him as a QPR player (and wikipedia wouldn't lie, would it?) Anyone? [Post edited 21 Aug 18:43]
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No mate, been right through this thread, no mention of him anywhere | | | |
Transfer rumours 2024 on 20:39 - Aug 21 with 5054 views | hantssi |
Transfer rumours 2024 on 20:21 - Aug 21 by Gus_iom | No mate, been right through this thread, no mention of him anywhere |
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Transfer rumours 2024 on 21:19 - Aug 21 with 4473 views | Hoopsie | Why football fans believe they have the full entitlement to know what their club is doing with the finances and exact details of players transfer, wages and benefit? It seems some here think they have the right to know. We don’t. Much as it frustrates me, we don’t. Unless you as a fan are a board member you won’t know and even so you might be sworn to business secrecy. Do you know how much your fellow colleague earns in a private company what their benefits and bonuses are and their employment terms are? It will not be surprising that you earn different salaries even you are doing the exact same job description with exact level of skill set, knowledge and experience as the other bloke as one’s wages are negotiated independently between the company and the employee. Or do you know what your bosses are up to with where they pour money in and out and whether your job is secured going forward? You don’t, your company will not be publicly announcing every fiscal move they make or any changes to the organisation. They tell you what they want to tell you, when and how much. That said you should be much more alarmed that your bosses are “not telling you everything you need to know and think you are entitled to know” than worrying about what QPR is willing to tell or not. Imagine the new players transfer details are reported fully there will be a lot to feed the discontent when things go pear shaped, players will be criticised because they earn “this much” and not doing “that much”, and when a player lose form we still have “bloody 4 years” with him (think Richards), and ultimately all this backlash goes back to the club, our club is “Shyte” they don’t know what they are doing, the board getting their pants pulled down, Nourry is a novice etc you get my point. Even so do we need players to know how much they are earning between themselves and set up this really toxic atmosphere in the dressing room? (Recall the PL years with Cesar, boswinga, Park ji sung) Or - players bought and loaned in not reported by club, could we get the information and details from the selling club? It seems not. It they do, we won’t see so much angst amongst the fan base here. Brest, Lugano, Lommel, Bayern Munich II, Estrela Amadora, Sporting Gijon etc are not exactly forthcoming with the full details of their players departure, so is it really just QPR? [Post edited 21 Aug 22:45]
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Transfer rumours 2024 on 21:30 - Aug 21 with 4274 views | BrianMcCarthy | Hoopsie, A lot of merit in what you say. I agree with a lot of it, and I hate rumours and nose-tapping ITK. Also, there is some info that we should not be privy to. But this regime currently won't even tell us if certain players are contracted for next season or not. That's pure disdain for the members of the club to my mind. What's more, it's self-defeating. We all know, no matter where we work and what we do for our bobs, that silence creates a void, and rumour and bullshít are only too happy to fill that void. | |
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Transfer rumours 2024 on 22:35 - Aug 21 with 3552 views | Lblock | Who sit's in The Mittall Stand here? Anyone? Does it live up to it's billing of being sponsored for £10Mill a season? Anyone else use the Tune Group staircases on their way into the ground? I feel safe knowing they're being sponsored for safe upkeep to the "Tune" of £6Mill a year. I jest but it could be happening. Christ on a bike those goons in The potteries having been getting away with it for years and years! Anyway. What I really want to know is......... When is Bosun Lawal being announced?????? | |
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