| What I don't understand 18:57 - Nov 9 with 4812 views | andrew1302 |
Rueben is putting in £2m a month, he can see that everything he has done has failed. He must be able to see that those he has put in charge of running 'the business' have failed. All of that is blatantly obvious. The question is why does he continue to rely on this team of people when clearly to a person they have failed individually and in their appointments. But still he persists. He allows for a 26 year old who is clueless clearly to come in. Who on earth in their right mind would allow that to happen. He can see surely we are shocking, he can ,if he botherseasily guage where the fans think we are. But still he does nothing. His management team have totally failed but he just sits there. Honestly what does he think he is doing. Beyond me. | | | |  |
| What I don't understand on 19:15 - Nov 9 with 4653 views | Westway |
How has he amassed that sort of money when he employs such numptees? Staggering. | | | |
| What I don't understand on 19:26 - Nov 9 with 4539 views | actonman |
Unfortunately part of the problem as our owners have no apartment interest or affiliation with the club and as such the place has no standards .
I would imagine we’re just a forgotten direct debit on his account statement he can’t be arsed to cancel yet | | | |
| What I don't understand on 20:11 - Nov 9 with 4289 views | Beckenhamhoop |
He inherited it from his Father. He’s never had a proper job. Says a lot.
What I still can’t get my head around, even after all these years, is that Fernandes runs a massive airline and yet was by faaaaar the worst of the lot of them with no apparent business acumen or common sense. Ultimately it’s his fault that we are where we are today.
Things will not change until the club is sold to different owners. [Post edited 9 Nov 20:15]
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| What I don't understand on 20:12 - Nov 9 with 4253 views | Wegerles_Stairs |
I genuinely think it's some kind of scam like in The Producers. There's just no way you could accidentally run a club this poorly for so long. | | | |
| What I don't understand on 20:17 - Nov 9 with 4230 views | baz_qpr |
However the cards are stacked, we can compete with about 6 to 8 teams max in this division financially, we can't generate income, they can't spend the money (whether its spent well or not) that they might want. Who is going to come and plough in £20m a year to stand still unless we are in league 1 where you can spend | | | |
| What I don't understand on 04:45 - Nov 10 with 3694 views | The_Beast1976 |
If the owners genuinely want to spend (waste?) a load more money trying to make us competitive at a Championship and above level, the best thing that can happen now is relegation to League 1 so the financial shackles are released completely and they can spend as much as they like building a squad.
If they have no intention of chucking even more money at it then relegation could be disastrous.
The former (relegation and free of financial shackles) could be a good thing, but that's only if they get it right (and, remember, they've got nothing right in 10+ years). In.the current circumstances, given the financial situation now with all the money wasted on the Summer signings, I think this could be the most favourable all round scenario.
The latter (relegation, with no intention of spending any more money) could see us sink even lower.
Either way, in the circumstances I think relegation in the next couple of years is perhaps inevitable. [Post edited 10 Nov 4:55]
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| What I don't understand on 13:34 - Nov 10 with 3267 views | QPR_John |
" best thing that can happen now is relegation to League 1 so the financial shackles are released completely and they can spend as much as they like building a squad."
Am I right in thinking that's true while we remained in League 1 but if promoted time spent in L1 would then count towards the Championship 3 year cycle. | | | |
| What I don't understand on 14:12 - Nov 10 with 3185 views | Ned_Kennedys |
I think you are right: will be interesting to see what happens to Birmingham when they get promoted back to the Championship having spent an absolute fortune including £10 million on n one player. | | | |
| What I don't understand on 12:16 - Nov 11 with 2762 views | daveB |
Yes thats right and lets face it we are never more dangerous to ourselves than when we have money to spend. This summer proved that again | | | |
| What I don't understand on 12:20 - Nov 11 with 2741 views | Monkey_Roots |
It's almost like the UK version of the 80's classic 'Major League'... | | | |
| What I don't understand on 12:45 - Nov 11 with 2656 views | qprninja |
I believe Nourry was initially tasked with doing an audit of the entire club, resulting in the shake up of the coaching side. Clearly the owners were blown away by this and another impressive Powerpoint presentation and they gave him the keys to the entire club, including recruitment and "playing style". This is proving to be something of a mis-step on current evidence. | | | |
| What I don't understand on 14:29 - Nov 11 with 2478 views | JacksonQPR |
I'm sorry, but that's just a crap take. There's plenty to criticize about the owners' mistakes over the years, but to say they have no interest? That's just not true. Also, It doesn't matter how rich you are, the amount of money they have and are putting into the club is felt.
If they didn’t care, would they really be spending on stuff like the new training ground? That’s not just a quick fix, it's investing in foundations for the club moving forward. They were also seriously looking into getting a new stadium to help us grow.
And while this season might be a dumpster fire, they are listening to the fans and moving to a more Brentford style data driven way of running things. They are attempting to bring the club into the modern age, albeit poorly.
If you want to see owners who truly don’t care, look at clubs like Scunthorpe or Reading. Those are the ones whose owners don't care. Just seems like a slap in the face to those people who's owners actually couldn't give two shits. | | | |
| What I don't understand on 14:32 - Nov 11 with 2468 views | TheChef |
Well they might care (and OK great, they're not asset strippers), but by and large their business decision making has been dreadful. | |
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| What I don't understand on 14:53 - Nov 11 with 2419 views | PlanetHonneywood |
My first thought upon reading your post is how does one account for the likes of Brentford, Brighton, Bournemouth, Fulham and Luton?
It wasn't that long ago that they were all plying their trades in divisions below us, before smaller crowds than us, and, all things being equal, we're as big as they all were.
Your income argument only goes so far before the couldn't organise a piss-up in a brewery with the glasses provided reality takes over. | |
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| What I don't understand on 15:38 - Nov 11 with 2298 views | lassel |
As posted in one of the other threads, ultimately it’s just not that important to RG. For every £1 he loses here he makes £10+ from WestPorts which is where his focus and energy is.
QPR and LAFC are just toys, and this particular toy has been on eBay for 5 years with a silly ‘buy it now’ price. It’s basically the equivalent of someone who inherits their parents house, doesn’t need the money so leaves it in rightmove for years at a patently overpriced level because they can afford to wait for that unicorn buyer to come along, fall in love and put heart over head on price.
Some big hitters like Lindner and Textor who both already own football clubs have kicked the tyres, and passed. In the time the club has been scouring the US for a buyer, Burnley and Birmingham have found US consortiums so the inevitable conclusion must be that the asking price is not based in reality.
If the owners were willing to take what the club is worth - £10 and a £50 Nando’s gift card with £20 remaining on it - the club would’ve moved long ago . As it is, the club is drifting rudderless with an ownership team who don’t care, a chairman not even in the same country and a 26 year old recruitment consultant given the keys as he talked the talk and was willing to take the stress off their hands.
As to where we go from here, fck knows honestly. People have talked about administration as a way of getting rid of them, but they’ve to date shown no appetite to walk away from their losses so it would be more likely the club would fall into liquidation over their creditor claims than find a new buyer. Careful what you wish for. | | | |
| What I don't understand on 16:16 - Nov 11 with 2183 views | Padulas_Shampoo |
I'm not sure this is entirely true as people are led to believe. Hoos harped on for years about how crap Loftus Road is and how little money we make making it impossible to compete financially but when you compare our turnover to others around us I wouldn't say it's quite as bleak as people assume.
The reason I cite turnover rather than P&L is because your turnover creates your budget (outside of player sales). The more you make from match days, broadcasting and commercially, the more you're allowed to spend and stay within the P&S three year limit. Player sales aren't included in these figures so whilst clubs' might technically have been able to spend more, it's only because they made more (or any) money from transfers in than QPR... which is kind of our fault and to their credit.
Take the 2023 accounts for example:
Every one of those clubs with lower turnovers finished above us. Luton won the playoffs. Cardiff the only club that finished below us. Reading, Blackpool and Wigan went down. Rotherham, and Huddersfield finished above us too. Without checking I'm pretty certain every one of those will have had a lower turnover than us.
In terms of match day income we're at worst in the middle of this pack:
Cardiff, Stoke, Preston and Swansea all play in 'new' grounds - relatively - yet make less out of match days than we do.
Granted there will be other clubs in the division with parachute payments and much higher turnovers who we rightly can't compete with financially. But I really don't think we're the paupers that we've made ourselves out to be at times, largely led my Hoos. The simple fact is there are almost always 6-10 clubs that get more out of their turnovers than we do and a lot of them have less money to play with than we do.
As Lassel says, other clubs have found significant investment over the last few years. Birmingham as an example don't appear to ben a better proposition than us in terms of what they could invest and be compliant with P&S rules.
In short, there's nothing us holding us back from at least competing with these types / sizes of clubs other than years and years of failed recruitment and failed manager choices. | | | |
| What I don't understand on 18:31 - Nov 11 with 2016 views | paulhoop2 |
Not only that he chopped multiple long serving staff who worked on matchdays who have rangers running through their blood. Just chopped them with no explanation nothing. Look around next match day if you can you will see so many unfamiliar faces in and outside of the ground. Club is toxic from bottom to top. I have 2 acquaintances that had worked at the club since the 1990s they have said how horrible the atmosphere is within. Most of this stems from the child CEOs arrival. They have no axe to grind just wanted me to pit it out there for them without breaching confidence etc. The only thing I would say to counter the Ruben out side of things is just whom would want to touch us if at all? | |
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| What I don't understand on 23:48 - Nov 11 with 1790 views | baz_qpr |
Brighton and Brentford are the exceptions but they built well over a period of time and with betting databases.
Bournemouth breached FFP and got away with it by being up for so long and have never lost parachutes as have always gone back up
Fulham were doped years ago and again when relegated went straight back up
Luton came up through the leagues and went straight through, they will be languishing if they dont do better next season | | | |
| What I don't understand on 23:53 - Nov 11 with 1784 views | baz_qpr |
I think that actually illustrates my point that is who we are competing with, none of these clubs bar Luton have done too much, Stoke are doped through Bet 365. Nearly all have been in relegation battles over the last few years. or on the verge of going bust. The cost base is also lower for a number of them | | | |
| What I don't understand on 10:57 - Nov 12 with 1605 views | stainrods_elbow |
Fascinating stuff, and really gives the lie (or finger) to Hoos' manipulative attempts to 'downsell' LR. [Post edited 12 Nov 10:58]
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| What I don't understand on 11:26 - Nov 12 with 1523 views | Wilkinswatercarrier |
Great bit of digging, and just goes to show that fans can call out owners bullshite.
There is absolutely no excuse for this club not to be doing a lot better except for the utter incompetence of the owners and those that they have employed over numerous years.
Anyone else starting to get the feeling that the Stoke game is going to be pretty toxic? God help them if Stoke take the lead, I can see Nourry/Ruben out chants starting up. | | | |
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