Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
Calling All Amateur Accountants! 09:18 - Mar 31 with 8303 viewsBazzaInTheLoft

QPR's latest financial details released today.

https://beta.companieshouse.gov.uk/company/00060094/filing-history
[Post edited 31 Mar 2016 9:51]
0
Calling All Amateur Accountants on 09:51 - Mar 31 with 4872 viewsElHoop

You can find them here:

https://beta.companieshouse.gov.uk/company/03197756/filing-history

Figures are before write off of loans, but these are referred to in note 25. If they'd been written off before the year end then we'd have been marginally solvent for the first time in ages. No provision for FFP though and we're not allowed to talk about it or disclose anything (note 26) but we reckon that we'll resist the claim by the FL.
0
Calling All Amateur Accountants! on 09:54 - Mar 31 with 4851 viewssimmo

Almost £500m and we haven't got a training ground or new stadium out of it. All that money and we've just made vvankers like Barton rich men. Embarrassing.

ask Beavis I get nothing Butthead

0
Calling All Amateur Accountants! on 10:23 - Mar 31 with 4783 viewsBazzaInTheLoft

Calling All Amateur Accountants! on 09:54 - Mar 31 by simmo

Almost £500m and we haven't got a training ground or new stadium out of it. All that money and we've just made vvankers like Barton rich men. Embarrassing.


Can't agree with this more.

Seriously, what's in it for them ? (the shareholders)
0
Calling All Amateur Accountants! on 10:33 - Mar 31 with 4758 viewsEastR

Calling All Amateur Accountants! on 09:54 - Mar 31 by simmo

Almost £500m and we haven't got a training ground or new stadium out of it. All that money and we've just made vvankers like Barton rich men. Embarrassing.


£500m?

Poll: Is time up for Ainsworth?

0
Calling All Amateur Accountants on 10:42 - Mar 31 with 4724 viewsQPR_John

Calling All Amateur Accountants on 09:51 - Mar 31 by ElHoop

You can find them here:

https://beta.companieshouse.gov.uk/company/03197756/filing-history

Figures are before write off of loans, but these are referred to in note 25. If they'd been written off before the year end then we'd have been marginally solvent for the first time in ages. No provision for FFP though and we're not allowed to talk about it or disclose anything (note 26) but we reckon that we'll resist the claim by the FL.


Would have thought the last sentence in 26 is a comment on procedings
0
Calling All Amateur Accountants! on 11:15 - Mar 31 with 4643 viewsNW10Hoop

It's not my money, the owners have converted the debt into equity anyways, and I truly get the sense that things are being run more realistically now. Yet there will be some that take perverse pleasure raking through this. Yes we've paid a lot of muppets way too much in the past few years, but I don't see that happening now.

I follow a local journalist (who I think is a QPR fan) on Twitter who positively gloats each time he tweets about another failing of QPR..... Bit of a wind up really. I should stop checking some of the QPR-centric Twitter accounts
[Post edited 31 Mar 2016 11:16]
1
Calling All Amateur Accountants! on 11:20 - Mar 31 with 4623 viewsPlanetHonneywood

Like many who were early doubters about Cap'n Titanic, these latest figures appear to be yet another damming indictment of his utterly incompetent running of QPR!

Anyone who continues to support this bloke because he buys fans a beer or tweets an occasional good comment, really needs to take a long hard look at the facts.

As maddening as it is sad.

'Always In Motion' by John Honney available on amazon.co.uk
Poll: Who should do the Birmingham Frederick?

0
Calling All Amateur Accountants! on 11:24 - Mar 31 with 4605 viewsCroydonCaptJack

Meanwhile Burnley turn in a £35m profit.
0
Login to get fewer ads

Calling All Amateur Accountants on 11:29 - Mar 31 with 4581 viewsElHoop

Calling All Amateur Accountants on 10:42 - Mar 31 by QPR_John

Would have thought the last sentence in 26 is a comment on procedings


Well I suppose that it is, but they need to say something about the claim even if they don't give details. The auditors haven't commented on the situation anyway, which probably doesn't mean much but presumably they will have seen evidence to back up the view expressed in note 26.
0
Calling All Amateur Accountants! on 11:29 - Mar 31 with 4581 viewsPlanetHonneywood

Calling All Amateur Accountants! on 11:24 - Mar 31 by CroydonCaptJack

Meanwhile Burnley turn in a £35m profit.


Says it all really!

'Always In Motion' by John Honney available on amazon.co.uk
Poll: Who should do the Birmingham Frederick?

0
Calling All Amateur Accountants! on 11:53 - Mar 31 with 4492 viewsNorthernr

Calling All Amateur Accountants! on 11:15 - Mar 31 by NW10Hoop

It's not my money, the owners have converted the debt into equity anyways, and I truly get the sense that things are being run more realistically now. Yet there will be some that take perverse pleasure raking through this. Yes we've paid a lot of muppets way too much in the past few years, but I don't see that happening now.

I follow a local journalist (who I think is a QPR fan) on Twitter who positively gloats each time he tweets about another failing of QPR..... Bit of a wind up really. I should stop checking some of the QPR-centric Twitter accounts
[Post edited 31 Mar 2016 11:16]


I've blocked a couple of QPR accounts and muted scores of others on there because it was all doing my head in. QPR on Twitter is like the playground at a school for kids with behaviour problems. Useful for driving traffic back to the site from my point of view but other than that mind-numbing and vile at times. Following-wise I mostly use it to keep up with the rugby league now as there's no coverage down here.
1
Calling All Amateur Accountants! on 11:56 - Mar 31 with 4480 viewsSuffolk

Calling All Amateur Accountants! on 11:20 - Mar 31 by PlanetHonneywood

Like many who were early doubters about Cap'n Titanic, these latest figures appear to be yet another damming indictment of his utterly incompetent running of QPR!

Anyone who continues to support this bloke because he buys fans a beer or tweets an occasional good comment, really needs to take a long hard look at the facts.

As maddening as it is sad.


The fact is that I have not been asked to put money in a bucket for quite a few years now. The glass is half full IMO.
3
Calling All Amateur Accountants! on 12:02 - Mar 31 with 4468 viewsPlanetHonneywood

Calling All Amateur Accountants! on 11:15 - Mar 31 by NW10Hoop

It's not my money, the owners have converted the debt into equity anyways, and I truly get the sense that things are being run more realistically now. Yet there will be some that take perverse pleasure raking through this. Yes we've paid a lot of muppets way too much in the past few years, but I don't see that happening now.

I follow a local journalist (who I think is a QPR fan) on Twitter who positively gloats each time he tweets about another failing of QPR..... Bit of a wind up really. I should stop checking some of the QPR-centric Twitter accounts
[Post edited 31 Mar 2016 11:16]


I think the point is, that its taken an inordinate amount of time and hundreds and hundreds of millions of pounds, before the penny finally dropped!

In the process, we've squandered the riches before us and the opportunity two promotions to the Premiership presented us. We have nothing tangible to show for the last four and a half years beyond the hope, that maybe, things are now beginning to be run properly.

I only hope that none of this impacts in any way, with what we're clearly seeing develop under JFH's stewardship.

'Always In Motion' by John Honney available on amazon.co.uk
Poll: Who should do the Birmingham Frederick?

3
(No subject) (n/t) on 12:09 - Mar 31 with 4437 viewsnadera78

Calling All Amateur Accountants! on 11:56 - Mar 31 by Suffolk

The fact is that I have not been asked to put money in a bucket for quite a few years now. The glass is half full IMO.


0
Calling All Amateur Accountants! on 12:10 - Mar 31 with 4424 viewsLblock

Calling All Amateur Accountants! on 11:20 - Mar 31 by PlanetHonneywood

Like many who were early doubters about Cap'n Titanic, these latest figures appear to be yet another damming indictment of his utterly incompetent running of QPR!

Anyone who continues to support this bloke because he buys fans a beer or tweets an occasional good comment, really needs to take a long hard look at the facts.

As maddening as it is sad.


JH..... I hear you baby!

Incompetentance just doesn't come close

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

0
Calling All Amateur Accountants on 12:13 - Mar 31 with 4414 viewsPinnerPaul

Calling All Amateur Accountants on 11:29 - Mar 31 by ElHoop

Well I suppose that it is, but they need to say something about the claim even if they don't give details. The auditors haven't commented on the situation anyway, which probably doesn't mean much but presumably they will have seen evidence to back up the view expressed in note 26.


These are 14/15 accounts so no FFP on these, its 13/14 we're arguing about.

Next set of accounts relating to this season (Out 1 year from now obviously!) will show if we are compliant or not.
1
Calling All Amateur Accountants! on 12:13 - Mar 31 with 4413 viewsTacticalR

Calling All Amateur Accountants! on 11:56 - Mar 31 by Suffolk

The fact is that I have not been asked to put money in a bucket for quite a few years now. The glass is half full IMO.


Or is the bucket half empty? It's a question which has perplexed the greatest minds throughout the ages.

Air hostess clique

1
Calling All Amateur Accountants! on 12:14 - Mar 31 with 4407 viewsPinnerPaul

Calling All Amateur Accountants! on 11:15 - Mar 31 by NW10Hoop

It's not my money, the owners have converted the debt into equity anyways, and I truly get the sense that things are being run more realistically now. Yet there will be some that take perverse pleasure raking through this. Yes we've paid a lot of muppets way too much in the past few years, but I don't see that happening now.

I follow a local journalist (who I think is a QPR fan) on Twitter who positively gloats each time he tweets about another failing of QPR..... Bit of a wind up really. I should stop checking some of the QPR-centric Twitter accounts
[Post edited 31 Mar 2016 11:16]


I'm guessing the journo is Paul Warburton, for a "fan" he IS incredibly negative in his coverage/writing.
0
Calling All Amateur Accountants! on 12:18 - Mar 31 with 4390 viewsNW10Hoop

Calling All Amateur Accountants! on 12:02 - Mar 31 by PlanetHonneywood

I think the point is, that its taken an inordinate amount of time and hundreds and hundreds of millions of pounds, before the penny finally dropped!

In the process, we've squandered the riches before us and the opportunity two promotions to the Premiership presented us. We have nothing tangible to show for the last four and a half years beyond the hope, that maybe, things are now beginning to be run properly.

I only hope that none of this impacts in any way, with what we're clearly seeing develop under JFH's stewardship.


Yeah I get what you are saying. Of course it's disappointing that the money was spent so badly. I would obviously rather us have a new training ground than to have ever paid Bosingwa, Wright-Phillips or Traore tens of thousands of pounds every week. But what's done is done, and the future is finally starting to look like what we were promised. Young, hungry players on the way up, with a sensible wage structure in place, lots of great work with ex-players and the local community taking place and (hopefully) a new badge and shirt that we feel more comfortable with next season.

It's the pleasure that some take in our weaknesses that does my nut in.

I was born and bred in Shepherds Bush, so unless a historic paedophile ring of BBC proportions is found to have taken place in the upper Loft - QPR have got me for life. I intend to try and enjoy the ride, no matter how bumpy it always is.
9
Calling All Amateur Accountants! on 12:20 - Mar 31 with 4377 viewsPinnerPaul

Calling All Amateur Accountants! on 10:33 - Mar 31 by EastR

£500m?


???? Indeed

We actually made a profit in 14/15 - that won't make many headlines/get talked about on twitter!
0
Calling All Amateur Accountants! on 12:23 - Mar 31 with 4358 viewssuperhoopdownunder

Yes been run incompetently for the past 4.5 years
Very annoying to pay shit footballers millions upons millions of pounds making them wealthy when they neither had the talent or commitment to keep us up
Phillip Beard as the CEO was in charge during all of this period
Redknapp was manager

Having Lee Hoos here now we can and are turning this around
I bet he could not believe what was going on when he started with us

I can't believe we need 108 players, managers, coaches and support staff
163 people working at the club earning 73m (including taxes and pension payments) - an average wage of 447k each per year - can I get a job please?
Crazy - we are or should not be that big in terms of number of people or amount we pay
I would have thought we should be able to run our club with less than 100 paid people working at the club including players
JFH must think we were mad with the 41 man first team squad when he turned up

I will be interested to see the books over the next 2 years with Lee Hoos taking over from the lunatics running the show previously

U R's
[Post edited 31 Mar 2016 12:25]
2
Calling All Amateur Accountants! on 12:30 - Mar 31 with 4324 viewsTacticalR

Calling All Amateur Accountants! on 12:23 - Mar 31 by superhoopdownunder

Yes been run incompetently for the past 4.5 years
Very annoying to pay shit footballers millions upons millions of pounds making them wealthy when they neither had the talent or commitment to keep us up
Phillip Beard as the CEO was in charge during all of this period
Redknapp was manager

Having Lee Hoos here now we can and are turning this around
I bet he could not believe what was going on when he started with us

I can't believe we need 108 players, managers, coaches and support staff
163 people working at the club earning 73m (including taxes and pension payments) - an average wage of 447k each per year - can I get a job please?
Crazy - we are or should not be that big in terms of number of people or amount we pay
I would have thought we should be able to run our club with less than 100 paid people working at the club including players
JFH must think we were mad with the 41 man first team squad when he turned up

I will be interested to see the books over the next 2 years with Lee Hoos taking over from the lunatics running the show previously

U R's
[Post edited 31 Mar 2016 12:25]


Don't forget Steve Black as Medicine Man.


Air hostess clique

3
Calling All Amateur Accountants! on 12:30 - Mar 31 with 4322 viewsNW10Hoop

Calling All Amateur Accountants! on 12:14 - Mar 31 by PinnerPaul

I'm guessing the journo is Paul Warburton, for a "fan" he IS incredibly negative in his coverage/writing.


There are many, but he isn't who I was on about. For some reason, anytime I read Rob Brennan's tweets about QPR I just get massively irritated. He tweets a lot about local boxing though which I do find interesting
0
Calling All Amateur Accountants! on 12:35 - Mar 31 with 4305 viewsJuzzie

Calling All Amateur Accountants! on 12:02 - Mar 31 by PlanetHonneywood

I think the point is, that its taken an inordinate amount of time and hundreds and hundreds of millions of pounds, before the penny finally dropped!

In the process, we've squandered the riches before us and the opportunity two promotions to the Premiership presented us. We have nothing tangible to show for the last four and a half years beyond the hope, that maybe, things are now beginning to be run properly.

I only hope that none of this impacts in any way, with what we're clearly seeing develop under JFH's stewardship.


This is what I was thinking too.

Sure, it's not our money but it's a waste on a gigantic scale that has resulted in absolutely fk all for QPR whilst quite a lot of (mainly average) players have got even richer than they were already.

This will now hold us back for a few more years, maybe longer.

Complete and utter shambles over the last 5 years.
1
Calling All Amateur Accountants! on 13:19 - Mar 31 with 4167 viewssimmo

Calling All Amateur Accountants! on 10:33 - Mar 31 by EastR

£500m?


Total losses since TF takeover is around the £450m mark, no?

ask Beavis I get nothing Butthead

0
About Us Contact Us Terms & Conditions Privacy Cookies Advertising
© FansNetwork 2024