| QPR finances released 09:45 - Feb 22 with 8698 views | Gloucs_R |
Niall does a fantastic job at explaining these... |  |
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| QPR finances released on 13:53 - Feb 23 with 2816 views | Match82 |
| QPR finances released on 13:03 - Feb 23 by derbyhoop |
A new, bigger ground could increase the revenue from the football side. However the ability to use the ground AND facilities a lot more than 25-30 times per year would also help. Provided the extra income isn't swallowed by player/agent demands.
Sadly, even if we could find a suitable, affordable site, it would take 2 years from conception to usage.
The club is starting to extract retur s from the training ground but still has a way to go.
It remains that selling players for a profit would be a real game changer. See how Brentford did it. |
What Brentford did is use a vast amount of data which means they things right more than wrong in terms of transfers, but getting our hands on that amount of data isn't an option for us it's not something you can buy.
Problem with the new ground is that your income might increase 10%, but how long will it take to actually pay off the cost of construction including land etc. 30 years? |  | | |
| QPR finances released on 14:18 - Feb 23 with 2706 views | lassel |
Not much to add on the latest accounts other than that they spell out what people were repeatedly saying last season - we were extremely tight on FFP and had to be creative to get anyone in.
The concern for me is on this season - any savings on Dykes, Willock, Adomah, Begovic will have been easily swallowed up by the likes of Madsen, Varane, Nardi, Celar. We also have Frey, Andersen, Cook & Colback earning extremely good money this year, all individually on far more than half the leagues highest earners, so we are going to be looking at another c.£25m loss this year and then hopefully two seasons of common sense and tight belts rather than allowing a Beale-esque blowout this summer, plus also likely needing to move a couple out for decent fees. |  | | |
| QPR finances released (n/t) on 18:02 - Feb 23 with 2355 views | gazza1 |
[Post edited 23 Feb 18:05]
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| QPR finances released on 18:05 - Feb 23 with 2335 views | gazza1 |
| QPR finances released on 14:18 - Feb 23 by lassel |
Not much to add on the latest accounts other than that they spell out what people were repeatedly saying last season - we were extremely tight on FFP and had to be creative to get anyone in.
The concern for me is on this season - any savings on Dykes, Willock, Adomah, Begovic will have been easily swallowed up by the likes of Madsen, Varane, Nardi, Celar. We also have Frey, Andersen, Cook & Colback earning extremely good money this year, all individually on far more than half the leagues highest earners, so we are going to be looking at another c.£25m loss this year and then hopefully two seasons of common sense and tight belts rather than allowing a Beale-esque blowout this summer, plus also likely needing to move a couple out for decent fees. |
Amazing.....I find it 'mind blowing' that you know all this information. How do you know all that stuff, I would have thought that sort of detail is highly confidential.
Can you clarify how you know this stuff please?? [Post edited 23 Feb 18:05]
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| QPR finances released on 18:07 - Feb 23 with 2306 views | Ned_Kennedys |
| QPR finances released on 18:05 - Feb 23 by gazza1 |
Amazing.....I find it 'mind blowing' that you know all this information. How do you know all that stuff, I would have thought that sort of detail is highly confidential.
Can you clarify how you know this stuff please?? [Post edited 23 Feb 18:05]
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I wouldn’t hold your breath mate for an answer.
Obviously no-one on here knows the player’s salariess. |  | | |
| QPR finances released on 18:11 - Feb 23 with 2291 views | gazza1 |
| QPR finances released on 18:07 - Feb 23 by Ned_Kennedys |
I wouldn’t hold your breath mate for an answer.
Obviously no-one on here knows the player’s salariess. |
One thing is knowing QPR salaries but he is also talking about other clubs players wages as well!!!!!! | | | |
| QPR finances released on 19:12 - Feb 23 with 2116 views | kensalriser |
| QPR finances released on 14:18 - Feb 23 by lassel |
Not much to add on the latest accounts other than that they spell out what people were repeatedly saying last season - we were extremely tight on FFP and had to be creative to get anyone in.
The concern for me is on this season - any savings on Dykes, Willock, Adomah, Begovic will have been easily swallowed up by the likes of Madsen, Varane, Nardi, Celar. We also have Frey, Andersen, Cook & Colback earning extremely good money this year, all individually on far more than half the leagues highest earners, so we are going to be looking at another c.£25m loss this year and then hopefully two seasons of common sense and tight belts rather than allowing a Beale-esque blowout this summer, plus also likely needing to move a couple out for decent fees. |
How many players are you counting as the league's highest earners?
Because if you're earning more than the highest earners then you'd be the highest earner yourself. Which would mean the others aren't. |  |
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| QPR finances released on 19:26 - Feb 23 with 2036 views | NewBee |
| QPR finances released on 13:31 - Feb 23 by dmm |
Using a stadium to bring in non-matchday income isn't easy. In London there's such a plethora of venues covering every conceivable activity the competition is extremely fierce.
Didn't Brentford decide not to go down that route and simply built a football stadium for football? |
Re Brentford, afaik the plan originally was to incorporate Conferencing (and other?) facilities in the stadium which would generate non-matchday income. Also a hotel on site.
But they then concluded that they're a football club who don't possess expertise on non-footballing matters and besides, London is coming down with competitors who do have expertise.
Decided to concentrate on a football-only stadium instead. On which point, the first design was for 20k seats (maximum feasible), but then realised that sacrificing 2.5k places to increase their hospitality set-up (lounges etc) would actually produce more revenue.
EDIT: They were also getting income from renting out to London Irish, but eventually concluded that the pitch damage from rugby outweighed the (relatively low) rents being received - at least in the context of PL revenues.
So that if London Irish should be revived, they won't be playing at the GTech - an opportunity for QPR/Loftus Road perhaps? [Post edited 23 Feb 19:29]
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| QPR finances released on 19:35 - Feb 23 with 1988 views | Gus_iom |
| QPR finances released on 19:26 - Feb 23 by NewBee |
Re Brentford, afaik the plan originally was to incorporate Conferencing (and other?) facilities in the stadium which would generate non-matchday income. Also a hotel on site.
But they then concluded that they're a football club who don't possess expertise on non-footballing matters and besides, London is coming down with competitors who do have expertise.
Decided to concentrate on a football-only stadium instead. On which point, the first design was for 20k seats (maximum feasible), but then realised that sacrificing 2.5k places to increase their hospitality set-up (lounges etc) would actually produce more revenue.
EDIT: They were also getting income from renting out to London Irish, but eventually concluded that the pitch damage from rugby outweighed the (relatively low) rents being received - at least in the context of PL revenues.
So that if London Irish should be revived, they won't be playing at the GTech - an opportunity for QPR/Loftus Road perhaps? [Post edited 23 Feb 19:29]
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Did they not incorporate a transport hub? | | | |
| QPR finances released on 20:26 - Feb 23 with 1829 views | Northernr |
| QPR finances released on 18:05 - Feb 23 by gazza1 |
Amazing.....I find it 'mind blowing' that you know all this information. How do you know all that stuff, I would have thought that sort of detail is highly confidential.
Can you clarify how you know this stuff please?? [Post edited 23 Feb 18:05]
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Well, they've literally just published a document with the figures in it.
A very interesting line right at the end of them - "post filing events", i.e. what we've done this season and will appear in the accounts a year from now, says basically a net outlay of £6m on players. If we're to assume they got the £2m+ for Armstrong they like to brag about, plus a fee for Dykes, then that means we spent around £9m on players this summer. Not insignificant for us.
For that £9m we've recruited Madsen, Celar, Dembele, Varane, Bennie, Nardi, Santos, Morgan, Morrison and we've loaned Saito, Edwards, Ashby, Yang. The vast majority of that £9m has gone on the first three players - Madsen, Celar, Varane.
Up to you whether you think that's good business or not, but it's there in black and white now, it's not message board posters making things up. Madsen is a huge liability for us if he doesn't pull his fcking finger out.
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| QPR finances released on 20:28 - Feb 23 with 1815 views | Northernr |
| QPR finances released on 10:37 - Feb 23 by eastside_r |
Not on Twitter so have not seen this guy’s commentary but have downloaded the accounts from Companies House and had a look myself.
A couple of caveats - one, it’s Sunday morning and have only skim read. Two, although I am used to reading these, I am not an accountant or financial analyst.
A couple of things, I will comment on. Operating loss has reduced from just over £22m to just over £15m. So I think this means the much quoted almost £2m per month was reduced to c£1.25m. (From a punch in the bollocks to a punch in the chest!?)
Ruben has increased his control, taking shares from Mittal Group (effectively Amit?) and Richard Reilly, so no imminent American takeover which might have been on the cards previously?
I think Clive said we might be getting a Patreon on this, so I will leave it for people more qualified than me to comment further. (Pretty please, Clive.) |
Will be recording with Niall Wednesday, out by the end of the week. If you've got questions put them here and I'll ask them. | | | |
| QPR finances released on 20:36 - Feb 23 with 1781 views | BrianMcCarthy |
| QPR finances released on 20:28 - Feb 23 by Northernr |
Will be recording with Niall Wednesday, out by the end of the week. If you've got questions put them here and I'll ask them. |
Great to hear.
I agree with Gazza and Ned on this point, until this is analysed properly there is huge space for speculation, ITK and fake-ITK nonsense. And that is never helpful.
The truth always comes out. |  |
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| QPR finances released on 20:42 - Feb 23 with 1747 views | Match82 |
| QPR finances released on 20:26 - Feb 23 by Northernr |
Well, they've literally just published a document with the figures in it.
A very interesting line right at the end of them - "post filing events", i.e. what we've done this season and will appear in the accounts a year from now, says basically a net outlay of £6m on players. If we're to assume they got the £2m+ for Armstrong they like to brag about, plus a fee for Dykes, then that means we spent around £9m on players this summer. Not insignificant for us.
For that £9m we've recruited Madsen, Celar, Dembele, Varane, Bennie, Nardi, Santos, Morgan, Morrison and we've loaned Saito, Edwards, Ashby, Yang. The vast majority of that £9m has gone on the first three players - Madsen, Celar, Varane.
Up to you whether you think that's good business or not, but it's there in black and white now, it's not message board posters making things up. Madsen is a huge liability for us if he doesn't pull his fcking finger out.
This post has been edited by an administrator |
I'm putting a lot of faith in the fact that Madsen must have an astonishing agent who would be able to work the same magic he worked last year (with us) again in selling the benefits of his client to others. | | | |
| QPR finances released on 21:50 - Feb 23 with 1562 views | Ned_Kennedys |
| QPR finances released on 20:26 - Feb 23 by Northernr |
Well, they've literally just published a document with the figures in it.
A very interesting line right at the end of them - "post filing events", i.e. what we've done this season and will appear in the accounts a year from now, says basically a net outlay of £6m on players. If we're to assume they got the £2m+ for Armstrong they like to brag about, plus a fee for Dykes, then that means we spent around £9m on players this summer. Not insignificant for us.
For that £9m we've recruited Madsen, Celar, Dembele, Varane, Bennie, Nardi, Santos, Morgan, Morrison and we've loaned Saito, Edwards, Ashby, Yang. The vast majority of that £9m has gone on the first three players - Madsen, Celar, Varane.
Up to you whether you think that's good business or not, but it's there in black and white now, it's not message board posters making things up. Madsen is a huge liability for us if he doesn't pull his fcking finger out.
This post has been edited by an administrator |
The accounts show an overview: they do not show a breakdown of how much each player cost and how much they earn despite a few claiming to know this information. | | | |
| QPR finances released on 22:01 - Feb 23 with 1524 views | Northernr |
| QPR finances released on 21:50 - Feb 23 by Ned_Kennedys |
The accounts show an overview: they do not show a breakdown of how much each player cost and how much they earn despite a few claiming to know this information. |
Well let's stick to the hard facts then.
If you take out the free transfers and loans then this summer we got Madsen, Celar, Dembele, Varane, Bennie and Morrison. For £9m. | | | |
| QPR finances released on 23:38 - Feb 23 with 1307 views | HanwellHoopster |
| QPR finances released on 14:18 - Feb 23 by lassel |
Not much to add on the latest accounts other than that they spell out what people were repeatedly saying last season - we were extremely tight on FFP and had to be creative to get anyone in.
The concern for me is on this season - any savings on Dykes, Willock, Adomah, Begovic will have been easily swallowed up by the likes of Madsen, Varane, Nardi, Celar. We also have Frey, Andersen, Cook & Colback earning extremely good money this year, all individually on far more than half the leagues highest earners, so we are going to be looking at another c.£25m loss this year and then hopefully two seasons of common sense and tight belts rather than allowing a Beale-esque blowout this summer, plus also likely needing to move a couple out for decent fees. |
Don't forget that for this season we have a significantly increased amount of Sky money vs last season IIRC. | | | |
| QPR finances released on 23:39 - Feb 23 with 1300 views | HanwellHoopster |
| QPR finances released on 22:01 - Feb 23 by Northernr |
Well let's stick to the hard facts then.
If you take out the free transfers and loans then this summer we got Madsen, Celar, Dembele, Varane, Bennie and Morrison. For £9m. |
Suppose there could have been some sort of fee for Saito within the £9m too, even though he's just a loan for now. | | | |
| QPR finances released on 00:31 - Feb 24 with 1216 views | 1JD |
| QPR finances released on 23:39 - Feb 23 by HanwellHoopster |
Suppose there could have been some sort of fee for Saito within the £9m too, even though he's just a loan for now. |
Neither Saito or Dembele listed so the figures given appear to exclude these. | | | |
| QPR finances released on 09:03 - Feb 24 with 922 views | daveB |
| QPR finances released on 22:01 - Feb 23 by Northernr |
Well let's stick to the hard facts then.
If you take out the free transfers and loans then this summer we got Madsen, Celar, Dembele, Varane, Bennie and Morrison. For £9m. |
Dembele was/is only a loan, his fee will be paid in the summer
Mind boggling how they have spent that much on those players |  | | |
| QPR finances released on 10:00 - Feb 24 with 786 views | derbyhoop |
As frequently alleged, Cook, Colback and Frey, all of whom are out of contract in the Summer, are the big earners. It gives us the chance to cut the wage bill. But, at what cost? |  |
| "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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| QPR finances released on 10:07 - Feb 24 with 753 views | QPRConor2000 |
| QPR finances released on 10:00 - Feb 24 by derbyhoop |
As frequently alleged, Cook, Colback and Frey, all of whom are out of contract in the Summer, are the big earners. It gives us the chance to cut the wage bill. But, at what cost? |
Frey has an option for another year I think.
Cook is our highest earner, so unless hes willing to cut his salary significantly, im not sure he will stay, id like him to personally, but its down to our finances.
I think I counted about 8 players who's contracts expire as it stands at the end of the current season, so depending on who we can agree deals with, i think it may well be another busy summer in W12. | | | |
| QPR finances released on 10:18 - Feb 24 with 700 views | gazza1 |
| QPR finances released on 20:26 - Feb 23 by Northernr |
Well, they've literally just published a document with the figures in it.
A very interesting line right at the end of them - "post filing events", i.e. what we've done this season and will appear in the accounts a year from now, says basically a net outlay of £6m on players. If we're to assume they got the £2m+ for Armstrong they like to brag about, plus a fee for Dykes, then that means we spent around £9m on players this summer. Not insignificant for us.
For that £9m we've recruited Madsen, Celar, Dembele, Varane, Bennie, Nardi, Santos, Morgan, Morrison and we've loaned Saito, Edwards, Ashby, Yang. The vast majority of that £9m has gone on the first three players - Madsen, Celar, Varane.
Up to you whether you think that's good business or not, but it's there in black and white now, it's not message board posters making things up. Madsen is a huge liability for us if he doesn't pull his fcking finger out.
This post has been edited by an administrator |
I have not looked at them....not really my thing tbh - as you know I'm a football man not a f'ing accountant.
Anyways I somewhat agree with your spending comments but as far as Tom, Dick & Harry's wages I would not expect that to be detailed so what the poster is saying has got no 'holding' in my book. It is purely guesswork!!! without any foundation.
Wages are a very emotive thing and can cause massive issues especially in the game we are talking about. | | | |
| QPR finances released on 13:07 - Feb 24 with 391 views | Hastings_Hoops |
| QPR finances released on 13:22 - Feb 23 by QPRConor2000 |
I do personally think the issue isn't about capacity, but rather generating non-matchday income.
I do think in an ideal world, a new stadium with modern facilities would allow us to do that, but it's been very well documented just how difficult to find land in our part of the world is.
I don't think the fanbase wants to leave the borough, so that only really leaves some sort of revamp of Loftus Road on the table, whether it's a rebuild of some kind and we groundshare elsewhere for a few seasons or we do it on a stand by stand basis.
Ether way, I do think we need to find creative ways to increase our income streams so that we can become self-sufficient. |
Develop a health club and hospitality venue for corporate hire on the training ground - maybe even Ruben’s much desired music venue. More attraction watching player training five days a week in the background while having a corporate shin-dig and closer to the M25 and Heathrow. Less to consider in terms of noise pollution for a music venue + easier to develop at a lower expense.
Turning to Loftus Road - de-fragment the concourse and areas to the rear of all four stands, re-plan and max out concessions and match day facilities as Michael Drain and calfordseaden’s feasibility study. [Post edited 24 Feb 13:10]
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| QPR finances released on 15:05 - Feb 24 with 173 views | GaryHaddock |
Trim the £2m from the salary and transfer budget and be as efficient as we can be. I would rather we stay a football only stadium and let the financial chips fall where they may, including League One if need be, than watch QPR in a Coventry style stadium.
Make our current stadium as attractive as possible to the football connoisseur, ie better leg room, better beers, and food that doesn’t look and taste like Chernobyl fall out.
Make Loftus Rd Great again.
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| QPR finances released on 15:23 - Feb 24 with 107 views | Rangersw12 |
| QPR finances released on 15:05 - Feb 24 by GaryHaddock |
Trim the £2m from the salary and transfer budget and be as efficient as we can be. I would rather we stay a football only stadium and let the financial chips fall where they may, including League One if need be, than watch QPR in a Coventry style stadium.
Make our current stadium as attractive as possible to the football connoisseur, ie better leg room, better beers, and food that doesn’t look and taste like Chernobyl fall out.
Make Loftus Rd Great again.
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I have to agree , Loftus Road is a throw back and should be celebrated .
I do think we should be giving it a bit of love though . Even a lick of paint and sorting out the speakers would be a start .
In respect of the food loads of non league grounds manage to do decent food so god knows why we can't | | | |
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