| Shares into loans on 22:50 - Apr 4 with 4740 views | 0hwestlondon |
Not sure how FFP works. How much are we allowed to lose in any given period. |  | |  |
| Shares into loans on 22:53 - Apr 4 with 4731 views | daveB |
| Shares into loans on 22:50 - Apr 4 by 0hwestlondon |
Not sure how FFP works. How much are we allowed to lose in any given period. |
39million over 3 years. We'll need to sell someone this summer |  | | |
| Shares into loans on 23:02 - Apr 4 with 4704 views | 0hwestlondon |
| Shares into loans on 22:53 - Apr 4 by daveB |
39million over 3 years. We'll need to sell someone this summer |
Bit of a worry if we are offloading debt like this to make sure we don't breach the 39m. Who do we sell is the question. | | | |
| Shares into loans on 23:13 - Apr 4 with 4673 views | CliveWilsonSaid |
| Shares into loans on 23:02 - Apr 4 by 0hwestlondon |
Bit of a worry if we are offloading debt like this to make sure we don't breach the 39m. Who do we sell is the question. |
As someone said on the twitter article this doesn't have any effect on FFP. It just means that the club isn't saddled with any debt and the owners are covering our losses. |  |
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| Shares into loans on 23:52 - Apr 4 with 4591 views | LythamR |
Its loans converted to Shares rather than the other way round
they have been doing this for a while, rueben etc putting in money, Mittal not putting in money so the conversion to new shares allocated to the people providing the loans adjusts the overall % ownership to reflect the ongoing funding |  | | |
| Shares into loans on 07:34 - Apr 5 with 4324 views | toboboly |
| Shares into loans on 23:52 - Apr 4 by LythamR |
Its loans converted to Shares rather than the other way round
they have been doing this for a while, rueben etc putting in money, Mittal not putting in money so the conversion to new shares allocated to the people providing the loans adjusts the overall % ownership to reflect the ongoing funding |
Apologies, was tired  |  |
| Sexy Asian dwarves wanted. |
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| Shares into loans on 07:43 - Apr 5 with 4296 views | stevec |
| Shares into loans on 23:13 - Apr 4 by CliveWilsonSaid |
As someone said on the twitter article this doesn't have any effect on FFP. It just means that the club isn't saddled with any debt and the owners are covering our losses. |
This in capital letters.
FFS people. |  | | |
| Shares into loans on 08:03 - Apr 5 with 4261 views | Northernr |
| Shares into loans on 23:13 - Apr 4 by CliveWilsonSaid |
As someone said on the twitter article this doesn't have any effect on FFP. It just means that the club isn't saddled with any debt and the owners are covering our losses. |
But remember, the board are crap and it will only be regression until they leave...
Making way for a mythical new owner who is desperate post pandemic and pre economic crisis to own a Championship football club, trapped in an antiquated stadium, that costs £1.8m ever month to run even in its current state.
This post has been edited by an administrator |  | | |
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| Shares into loans on 08:22 - Apr 5 with 4204 views | TheChef |
| Shares into loans on 08:03 - Apr 5 by Northernr |
But remember, the board are crap and it will only be regression until they leave...
Making way for a mythical new owner who is desperate post pandemic and pre economic crisis to own a Championship football club, trapped in an antiquated stadium, that costs £1.8m ever month to run even in its current state.
This post has been edited by an administrator |
Sounds cool man, where do I sign? |  |
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| Shares into loans on 08:32 - Apr 5 with 4180 views | BrianMcCarthy |
You scared me with that tile, Tobobly! |  |
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| Shares into loans on 08:45 - Apr 5 with 4139 views | BAWHoops |
| Shares into loans on 08:03 - Apr 5 by Northernr |
But remember, the board are crap and it will only be regression until they leave...
Making way for a mythical new owner who is desperate post pandemic and pre economic crisis to own a Championship football club, trapped in an antiquated stadium, that costs £1.8m ever month to run even in its current state.
This post has been edited by an administrator |
Yeah but if they dig down and have the pitch below street level..... |  |
| http://blogandwhitehoops.wordpress.com/ |
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| Shares into loans on 08:51 - Apr 5 with 4127 views | toboboly |
| Shares into loans on 08:32 - Apr 5 by BrianMcCarthy |
You scared me with that tile, Tobobly! |
Apologies - will edit it | |
| Sexy Asian dwarves wanted. |
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| Shares into loans on 09:31 - Apr 5 with 3961 views | CliveWilsonSaid |
| Shares into loans on 07:43 - Apr 5 by stevec |
This in capital letters.
FFS people. |
Did I get it right for a change? 
What a lot of people (me included) seem to forget is that even though a £39m (£39,000,000) loss over 3 years is allowed within the rules. It’s still a loss and has to be paid for by someone. | |
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| Edited - Loans into Shares on 10:49 - Apr 5 with 3779 views | Superhoop83 |
This news, coming after I was at Saturday's game, underlines the fact that football has gone to the dogs.
The whole situation is ludicrous and it's only 45 years of affliction/addiction that keeps me going to matches. |  |
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| Edited - Loans into Shares on 10:59 - Apr 5 with 3739 views | BostonR |
| Edited - Loans into Shares on 10:49 - Apr 5 by Superhoop83 |
This news, coming after I was at Saturday's game, underlines the fact that football has gone to the dogs.
The whole situation is ludicrous and it's only 45 years of affliction/addiction that keeps me going to matches. |
The whole football mess will implode very shortly. It is not sustainable at any level apart from the supposed Euro PL clubs who can just feck-off and let the rest of us have a re-set.
What a mess! Football has lost its soul. |  | | |
| Edited - Loans into Shares on 11:06 - Apr 5 with 3727 views | Superhoop83 |
| Edited - Loans into Shares on 10:59 - Apr 5 by BostonR |
The whole football mess will implode very shortly. It is not sustainable at any level apart from the supposed Euro PL clubs who can just feck-off and let the rest of us have a re-set.
What a mess! Football has lost its soul. |
100% mate. | |
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| Edited - Loans into Shares on 11:31 - Apr 5 with 3663 views | 0hwestlondon |
| Edited - Loans into Shares on 10:59 - Apr 5 by BostonR |
The whole football mess will implode very shortly. It is not sustainable at any level apart from the supposed Euro PL clubs who can just feck-off and let the rest of us have a re-set.
What a mess! Football has lost its soul. |
Exactly. I'm of an age where I don't want us to spend millions chasing the so called dream of premier league football. I know young people who support the club who think it would be a good thing if we were to spend tens of millions. I don't get it. Find it embarrassing. | | | |
| Edited - Loans into Shares on 11:34 - Apr 5 with 3651 views | BostonR |
| Edited - Loans into Shares on 11:31 - Apr 5 by 0hwestlondon |
Exactly. I'm of an age where I don't want us to spend millions chasing the so called dream of premier league football. I know young people who support the club who think it would be a good thing if we were to spend tens of millions. I don't get it. Find it embarrassing. |
We need a few high profile clubs to go to the wall and disappear never to be seen again, such as Derby. That will wake the fans up to the reality of where football sits today. | | | |
| Shares into loans on 11:50 - Apr 5 with 3598 views | Wegerles_Stairs |
| Shares into loans on 08:03 - Apr 5 by Northernr |
But remember, the board are crap and it will only be regression until they leave...
Making way for a mythical new owner who is desperate post pandemic and pre economic crisis to own a Championship football club, trapped in an antiquated stadium, that costs £1.8m ever month to run even in its current state.
This post has been edited by an administrator |
Rich people will buy always football clubs as a means of boosting their ego, meeting the great and the good, getting a passport, etc. We're a London club in the second tier of the richest league in the world; we're a very attractive proposition to someone with ambition. | | | |
| Shares into loans on 11:59 - Apr 5 with 3578 views | CamberleyR |
| Shares into loans on 08:03 - Apr 5 by Northernr |
But remember, the board are crap and it will only be regression until they leave...
Making way for a mythical new owner who is desperate post pandemic and pre economic crisis to own a Championship football club, trapped in an antiquated stadium, that costs £1.8m ever month to run even in its current state.
This post has been edited by an administrator |
No Clive you're wrong. According to some on here there are loads of people who would want to buy us.
"The only way to surmount that is to get promoted and get a new ground. If the owners are not capable of doing that then they should admit failure and sell up. I'm sure there would be plenty of takers, however much people on here make out that we're an unattractive proposition. Someone with ambition and drive please."
'that' in the above quote by the way was FFP |  |
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| Edited - Loans into Shares on 12:46 - Apr 5 with 3466 views | CroydonCaptJack |
Incredible over-reaction to this. It is actually a good thing. |  | | |
| Shares into loans on 13:42 - Apr 5 with 3324 views | R_from_afar |
| Shares into loans on 11:50 - Apr 5 by Wegerles_Stairs |
Rich people will buy always football clubs as a means of boosting their ego, meeting the great and the good, getting a passport, etc. We're a London club in the second tier of the richest league in the world; we're a very attractive proposition to someone with ambition. |
...but you are overlooking the FFP angle. We can only spend in line with our revenues and our revenues are largely dependent on how many people we get in on match days and what income we can get from the stadium when there is no match on.
So, Bezos and Gates could form a joint venture to buy us but they wouldn't be able to spend heavily on players or staff until our revenues rose accordingly, in other words, after a new stadium has been completed. As we know to our cost, that is a very slow process anywhere in the developed world, especially in a major capital city. |  |
| "Things had started becoming increasingly desperate at Loftus Road but QPR have been handed a massive lifeline and the place has absolutely erupted. it's carnage. It's bedlam. It's 1-1." |
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| Edited - Loans into Shares on 18:14 - Apr 5 with 3154 views | NewBee |
| Edited - Loans into Shares on 10:59 - Apr 5 by BostonR |
The whole football mess will implode very shortly. It is not sustainable at any level apart from the supposed Euro PL clubs who can just feck-off and let the rest of us have a re-set.
What a mess! Football has lost its soul. |
"The whole football mess will implode very shortly"
People have been saying this for decades, if not longer eg first £1,000 transfer (1905); first £100 per week player (1963); first one million pound player (1979); breakaway of the PL (1993); colapse of ITV Digital (2002) and anyone signing Emmanuel Adebayor for good money (several times since).
The fact is, English football has never been financially stronger than it is now, as evidenced by the fact that even in times of financial recession, revenues from TV, corporate, sponsorship and advertising etc, consistently hold up, before pushing upwards again as the economy recovers.
Of course, that is not the same as saying that football's wealth is evenly or fairly shared out between all those who generate it - it plainly isn't.
But even where the inequality is most starkly manifest i.e. between the PL and the Championship, fact is, with most PL clubs being unaffordable or already tied up, then the next best hope of getting a golden ticket to the Promised Land is to buy a Championship club and hope that they can supply it. Which fans of QPR and Brentford should appreciate as well as anyone.
Meaning that even despite those inequalities, the average professional football club in this country is well over a century old, with only a handful of the 100-odd full time clubs going out of business during that time. And I can't think of another single "industry" in the country which can say anything like that.
And all that's before you consider stuff like this from February: https://www.manchestereveningnews.co.uk/sport/football/football-news/manchester- | | | |
| Shares into loans on 01:43 - Apr 6 with 2936 views | bob566 |
| Shares into loans on 08:03 - Apr 5 by Northernr |
But remember, the board are crap and it will only be regression until they leave...
Making way for a mythical new owner who is desperate post pandemic and pre economic crisis to own a Championship football club, trapped in an antiquated stadium, that costs £1.8m ever month to run even in its current state.
This post has been edited by an administrator |
This is the worry for me. We have to move. We can't even fill a small stadium now. Where do you move? The current setup isn't family friendly. We've dropped down the London pecking order to be alongside Dagenham and Redbridge at this rate. You can argue otherwise but palace and dare I say it Brentford have passed us by. Loftus rd breaks my heart to say this isn't fit for purpose anymore. We have to ask ourselves why we're not selling out a small stadium in London. | | | |
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