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QPR Finances released 06:25 - Feb 28 with 59905 viewsJeff

From Kieran Maguire in the Twitter:

[Post edited 28 Feb 2023 6:29]

Can we not knock it?

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QPR Finances released on 10:45 - Mar 1 with 2547 viewsPinnerPaul

QPR Finances released on 10:40 - Mar 1 by slmrstid

No I can't, but I can argue that none of us have the true figure because none of us have the detailed information to say what it is.

£24m is an absolutely appalling loss whichever way you look at it, and removes a hell of a lot of wriggle room the club may have had.


1) Agree but it will be less than £24M

2) "Appalling" Think you can argue that it is for what we've got to show for it but I wasn't really arguing the nuances of that - there are 9 pages above us doing that! Again how much wriggle room it removes depends on how much the club can 'claim' are allowable costs.
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QPR Finances released on 10:50 - Mar 1 with 2509 viewsGloucs_R

Just out of curiosity, how would everyone feel about a massive reset?

Let's say the club sold off all of our playing assets. Then they stuck rigidly to a budget, which would be considerably lower than it is today.

Therefore the quality of the players coming in may not be as high as what we have been used to ( 😂 ) and relegation far more of a possibility than in previous seasons.

Would we as fans accept this because the club are running a tight financial ship or would we still moan that we're not competitive?

Personally I would accept a couple of seasons of hardship, proper back to the wall type stuff. As long as the board had a longer-term plan which they shared with us.

Poll: Are we staying up?

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QPR Finances released on 10:52 - Mar 1 with 2491 viewsbakerloo8

Pretty grim reading.

I think the crux of the problem is the people in charge have a flawed business model which involves short term-ism throwing money around in the hope we magically make it to the Premier league and they can continue playing their real life version of Champ Manager 01/02.

Until this changes, and I don't see it happening anytime soon, we will continue this cycle of boom and bust over a rolling 3 year cycle whilst more likely leaving the division through the bottom rather than the top.

Why oh why do we have players on loan at this club at the detriment of developing our own and at a massive financial disadvantage? It's complete madness and I don't for the life of me see anything changing.
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QPR Finances released on 10:59 - Mar 1 with 2463 viewsted_hendrix

My hurts brain.

My Father had a profound influence on me, he was a lunatic.

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QPR Finances released on 11:02 - Mar 1 with 2441 viewsNortholt_Rs

QPR Finances released on 10:50 - Mar 1 by Gloucs_R

Just out of curiosity, how would everyone feel about a massive reset?

Let's say the club sold off all of our playing assets. Then they stuck rigidly to a budget, which would be considerably lower than it is today.

Therefore the quality of the players coming in may not be as high as what we have been used to ( 😂 ) and relegation far more of a possibility than in previous seasons.

Would we as fans accept this because the club are running a tight financial ship or would we still moan that we're not competitive?

Personally I would accept a couple of seasons of hardship, proper back to the wall type stuff. As long as the board had a longer-term plan which they shared with us.


We’d go the same way as Wimbledon and possibly Bury….

Scooters, Tunes, Trainers and QPR.

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QPR Finances released on 11:08 - Mar 1 with 2408 viewsNortholt_Rs

QPR Finances released on 10:52 - Mar 1 by bakerloo8

Pretty grim reading.

I think the crux of the problem is the people in charge have a flawed business model which involves short term-ism throwing money around in the hope we magically make it to the Premier league and they can continue playing their real life version of Champ Manager 01/02.

Until this changes, and I don't see it happening anytime soon, we will continue this cycle of boom and bust over a rolling 3 year cycle whilst more likely leaving the division through the bottom rather than the top.

Why oh why do we have players on loan at this club at the detriment of developing our own and at a massive financial disadvantage? It's complete madness and I don't for the life of me see anything changing.


I guess it’s because the people developing our own players have consistently failed to do so after 8 years…..so, every new manager who comes in takes a look at the academy offerings and thinks ‘Fck this dogsh1t lot will lose me my job!’. Club is a horrible mess from top to bottom and needs a total reset with Ferdinand and Hoos replaced asap. Coaching and scouting staff need a total revamp too. Place is broken.

Scooters, Tunes, Trainers and QPR.

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QPR Finances released on 11:20 - Mar 1 with 2356 viewsTheChef

QPR Finances released on 11:08 - Mar 1 by Northolt_Rs

I guess it’s because the people developing our own players have consistently failed to do so after 8 years…..so, every new manager who comes in takes a look at the academy offerings and thinks ‘Fck this dogsh1t lot will lose me my job!’. Club is a horrible mess from top to bottom and needs a total reset with Ferdinand and Hoos replaced asap. Coaching and scouting staff need a total revamp too. Place is broken.


Ah come on Northolt_Rs, don't you ever have anything nice to say?

Poll: How old is everyone on here?

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QPR Finances released on 11:25 - Mar 1 with 2329 viewsQPRConor2000

The Club needs a fundamental reset in the summer, and that includes Les Ferdinand and Lee Hoos both being removed for causing this mess.

I also have serious questions about the owners, why did they allow this to happen?

We need to find 2m a month in savings in order to balance the books again.

1. We could cut the size of this squad come the summer, I think we can all agree that thats an obvious place to potentially start.

2. We could ether downscale or scrap the academy entirely, and instead just have a B Team, this would save 1.5m per year.

3. The club could seek revenue from selling naming rights for the stadium and/or training ground.

4. Player sales, I think this is the obvious way to start making up for what weve lost.

5. seeking to reduce the wage bill by 2m a month.

These are the obvious areas where the club could cut their losses.

But there is serious, serious questions for LH and LF here.
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QPR Finances released on 11:27 - Mar 1 with 2319 viewsfrancisbowles

QPR Finances released on 10:50 - Mar 1 by Gloucs_R

Just out of curiosity, how would everyone feel about a massive reset?

Let's say the club sold off all of our playing assets. Then they stuck rigidly to a budget, which would be considerably lower than it is today.

Therefore the quality of the players coming in may not be as high as what we have been used to ( 😂 ) and relegation far more of a possibility than in previous seasons.

Would we as fans accept this because the club are running a tight financial ship or would we still moan that we're not competitive?

Personally I would accept a couple of seasons of hardship, proper back to the wall type stuff. As long as the board had a longer-term plan which they shared with us.


As previously suggested, I think we are going to have to move towards something similar to your scenario.

We have to cut costs but in doing so we may have supporters that lose interest and revenue may fall further.

We need a new, cheaper but grittier team with fewer frills that will battle for every point.

It may not be the so called 'Rangers Way' but we may have to get used to it. If results improved and the club stayed out of FFP infringement, then it would surely be a positive approach.
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QPR Finances released on 11:27 - Mar 1 with 2319 viewsbakerloo8

QPR Finances released on 11:08 - Mar 1 by Northolt_Rs

I guess it’s because the people developing our own players have consistently failed to do so after 8 years…..so, every new manager who comes in takes a look at the academy offerings and thinks ‘Fck this dogsh1t lot will lose me my job!’. Club is a horrible mess from top to bottom and needs a total reset with Ferdinand and Hoos replaced asap. Coaching and scouting staff need a total revamp too. Place is broken.


I agree.
But what u don't do is say to the new manager OK we will sign A. B, C from the Premier League an loan for £X and you can dump the players we have actually signed into the B or U23 team. It's madness.

We're a mess
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QPR Finances released on 11:34 - Mar 1 with 2268 viewspaulparker

QPR Finances released on 11:27 - Mar 1 by bakerloo8

I agree.
But what u don't do is say to the new manager OK we will sign A. B, C from the Premier League an loan for £X and you can dump the players we have actually signed into the B or U23 team. It's madness.

We're a mess


Case in point being the Tyler Roberts deal
How much are we wasting a week contributing to that waste of space

And Bowles is onside, Swinburne has come rushing out of his goal , what can Bowles do here , onto the left foot no, on to the right foot That’s there that’s two, and that’s Bowles Brian Moore

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QPR Finances released on 11:36 - Mar 1 with 2251 viewsfrancisbowles

QPR Finances released on 11:25 - Mar 1 by QPRConor2000

The Club needs a fundamental reset in the summer, and that includes Les Ferdinand and Lee Hoos both being removed for causing this mess.

I also have serious questions about the owners, why did they allow this to happen?

We need to find 2m a month in savings in order to balance the books again.

1. We could cut the size of this squad come the summer, I think we can all agree that thats an obvious place to potentially start.

2. We could ether downscale or scrap the academy entirely, and instead just have a B Team, this would save 1.5m per year.

3. The club could seek revenue from selling naming rights for the stadium and/or training ground.

4. Player sales, I think this is the obvious way to start making up for what weve lost.

5. seeking to reduce the wage bill by 2m a month.

These are the obvious areas where the club could cut their losses.

But there is serious, serious questions for LH and LF here.


The Academy is for the most part deductible from FFP totals, so why would you scrap it. Downscale it? How and why?

We have just built a new training ground, large enough next season, to take all the squads. Why would we tear up that plan now? It's probably the only real achievement in the last nine years.

We have to give this a chance to work but it is a long term thing. The youth this year seem more encouraging but the real outcome may take longer to judge.
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QPR Finances released on 11:38 - Mar 1 with 2238 viewsGloucs_R

QPR Finances released on 11:34 - Mar 1 by paulparker

Case in point being the Tyler Roberts deal
How much are we wasting a week contributing to that waste of space


That looks like the worst business the club have done in my lifetime.. and there have been a few to choose from

Sorry, thought you said Taylor Richards....
[Post edited 1 Mar 2023 11:41]

Poll: Are we staying up?

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QPR Finances released on 11:58 - Mar 1 with 2121 viewswortonranger

I think there’s a bit too much negativity about loans if we are to have any serious chance of enjoying a good season. It’s the sensible thing to do as long as they are complemented by developing our own talent. They will improve, be more confident, get media attention in a winning team, and that’s where the loans come in. The balance is out of kilter, but the ugly rump of this season gives a chance for a couple of our own to emerge if Gareth and Co have got the ability to make it happen.
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QPR Finances released on 12:10 - Mar 1 with 2061 viewsMonkey_Roots

In a simple world, were we to actually be any good at developing young players, and providing them with a route to the 1st team, and therefore show off their talent to bigger clubs, we wouldn't be in this mess.

If that is our plan, our model, then we invest in Cat1 academy. We go out and find coaches who can identify and develop young talent. We put that talent on display, in the shop window, and sell them — thus providing a huge 'look at what we can do for your young son/daughter's career in football', encouraging more young talent to join.

And make lots of money for the club.
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QPR Finances released on 12:11 - Mar 1 with 2045 viewsTK1

QPR Finances released on 11:38 - Mar 1 by Gloucs_R

That looks like the worst business the club have done in my lifetime.. and there have been a few to choose from

Sorry, thought you said Taylor Richards....
[Post edited 1 Mar 2023 11:41]


Hello, I have some gentlemen in reception to see you...they say they're worse business than Tyler Roberts, pound for pound:

Vinny Jones
Mark Hateley
Keith Rowland
Dean Sturridge
Armel Tchakounte
Sammy Yousef
Ugo Ukah
Christer Warren
Petter Vaagen Moen
Rob Hulse
DJ Campbell
Jose Boswinga
Park Si-Jung
Chris Samba
Esteban Granero
Jay Boothroyd
Sandro
Mauricio Isla
Jordan Mutch
Keiron Dyer
Jordan Cousins
Stephen Caulker
Rio Ferdinand...

There's actually so many of them, I've had to stick all the loan signings, Zarate, Vargas, Assou-Ekotto, Will Keane, Maiga, Ben Haim, Sahar, Fabio, Machedo, etc in their own annex.
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QPR Finances released on 12:25 - Mar 1 with 1953 viewsSimonD

There are a lot of good points raised on this thread with a no shortage of considered and valid points of view. Despite having a long established set of rules, accounting is still very much open to, shall we say, interpretation. Slmstid and 1JD have, in my opinion, accurately set out the correct position within that framework, but will be very aware of how flexible the accounting rules can be.

I think the real issue is the FFP rules, because as Brian so rightly said, that is the crux of the matter. My personal opinion is that we are fine now and fine next season, but need to have a fantastic summer to ensure that we don't breach the FFP regulations that season. I still hope to have an article laying out our position as I see it to post up sometime tomorrow to explain why.
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QPR Finances released on 12:27 - Mar 1 with 1942 viewsSimonD

QPR Finances released on 10:10 - Mar 1 by BrianMcCarthy

Great work.

I may need some hard drugs in me to listen to it, mind you.


Me too
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QPR Finances released on 12:31 - Mar 1 with 1891 viewsGloucs_R

QPR Finances released on 12:11 - Mar 1 by TK1

Hello, I have some gentlemen in reception to see you...they say they're worse business than Tyler Roberts, pound for pound:

Vinny Jones
Mark Hateley
Keith Rowland
Dean Sturridge
Armel Tchakounte
Sammy Yousef
Ugo Ukah
Christer Warren
Petter Vaagen Moen
Rob Hulse
DJ Campbell
Jose Boswinga
Park Si-Jung
Chris Samba
Esteban Granero
Jay Boothroyd
Sandro
Mauricio Isla
Jordan Mutch
Keiron Dyer
Jordan Cousins
Stephen Caulker
Rio Ferdinand...

There's actually so many of them, I've had to stick all the loan signings, Zarate, Vargas, Assou-Ekotto, Will Keane, Maiga, Ben Haim, Sahar, Fabio, Machedo, etc in their own annex.


Most of them at least played though!! 😁

But I admit, Jose Boswinga was a lower point in our history.

Poll: Are we staying up?

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QPR Finances released on 12:51 - Mar 1 with 1813 viewsjohnhoop

QPR Finances released on 12:11 - Mar 1 by TK1

Hello, I have some gentlemen in reception to see you...they say they're worse business than Tyler Roberts, pound for pound:

Vinny Jones
Mark Hateley
Keith Rowland
Dean Sturridge
Armel Tchakounte
Sammy Yousef
Ugo Ukah
Christer Warren
Petter Vaagen Moen
Rob Hulse
DJ Campbell
Jose Boswinga
Park Si-Jung
Chris Samba
Esteban Granero
Jay Boothroyd
Sandro
Mauricio Isla
Jordan Mutch
Keiron Dyer
Jordan Cousins
Stephen Caulker
Rio Ferdinand...

There's actually so many of them, I've had to stick all the loan signings, Zarate, Vargas, Assou-Ekotto, Will Keane, Maiga, Ben Haim, Sahar, Fabio, Machedo, etc in their own annex.


And you still left out Jermaine Jenas and Luke Young.
And how could you possibly leave out SWP. Probably £12 million in wages down the toilet over four years and for the last three of them not good enough to even be considered for selection. (Except in the last stages of our doomed and club destroying final tilt at Premier League survival, when he was brought on at Man City while we were getting humiliated to have a wave at the crowd.)
[Post edited 1 Mar 2023 12:52]
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QPR Finances released on 12:54 - Mar 1 with 1789 viewsTK1

QPR Finances released on 12:31 - Mar 1 by Gloucs_R

Most of them at least played though!! 😁

But I admit, Jose Boswinga was a lower point in our history.


Ha! But did they? DJ Campbell cost over a million quid and played a dozen times, Rob Hulse cost a million quid and played 20 odd games scoring twice, Park cost 4 million and played 20 times, Cesar signed a four year deal: played 25 times...

It's a good game this. I've keep thinking of more names since: John O'Neil, Nick Ward, El Khayati...
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QPR Finances released on 13:10 - Mar 1 with 1713 viewsBucksRanger

Ned Zelic - versatile as an egg.
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QPR Finances released on 13:27 - Mar 1 with 1618 viewsNorthernr

QPR Finances released on 20:10 - Feb 28 by 1JD

Clive, you have a right to be negative, as you frequently are, but I personally find it draining. We are not in a good way, granted, but there is a huge amount of supposition. Whilst other information is being wilfully ignored. I’ve outlined multiple reasons, I won’t continue. And we will see what actually transpires. As I’ve said, let’s come back to this.


Well I will take that comment on board, genuinely, because I don't mean to drain anybody and I appreciate your insights on this thread which I've read and noted with interest and will mention in future pieces going forwards.

I promise don't get some weird kick out of QPR being sht, or reporting it as such, it makes me miserable, but I don't think it would be right for me in this role to dress things up or make out they're better than they are. If we do breach FFP 12-18 months down the line and I come on here and say "yeh somebody told me that was coming in 2022 but I didn't want to say anything because I was remaining positive" I'd be lynched and rightly so.

Incidentally, while my negativity is draining you on here, the wonderful people of Twitter are variously accusing me of being in the pocket of the club, spinning it for Les and the board etc.

What fun I have. All I ever wanted to do was write match reports.
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QPR Finances released on 13:33 - Mar 1 with 1586 viewsfrancisbowles

QPR Finances released on 13:27 - Mar 1 by Northernr

Well I will take that comment on board, genuinely, because I don't mean to drain anybody and I appreciate your insights on this thread which I've read and noted with interest and will mention in future pieces going forwards.

I promise don't get some weird kick out of QPR being sht, or reporting it as such, it makes me miserable, but I don't think it would be right for me in this role to dress things up or make out they're better than they are. If we do breach FFP 12-18 months down the line and I come on here and say "yeh somebody told me that was coming in 2022 but I didn't want to say anything because I was remaining positive" I'd be lynched and rightly so.

Incidentally, while my negativity is draining you on here, the wonderful people of Twitter are variously accusing me of being in the pocket of the club, spinning it for Les and the board etc.

What fun I have. All I ever wanted to do was write match reports.


If you're feeling negative, maybe you should get your inspiration, for your excellent pieces, from sources, 'A Million Miles Away', 'As The Crow Flies' from Air Crash Investigations. Lol

My source for quotes, song titles performed by Rory Gallagher.
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QPR Finances released on 13:49 - Mar 1 with 1519 viewsNortholt_Rs

QPR Finances released on 11:20 - Mar 1 by TheChef

Ah come on Northolt_Rs, don't you ever have anything nice to say?


Not lately bud….

Scooters, Tunes, Trainers and QPR.

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