Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
And breathe... - Simon Dorset's annual deep dive into the accounts 15:41 - Feb 26 with 1500 viewsNorthernr

Big thanks to Simon for crunching the numbers again...


And breathe... – Column 26th Feb 2025 15:36
QPR’s accounts for the 2023/24 season, which started with Gareth Ainsworth and ended with Marti Cifuentes, show a £13.5m loss, apparently just about squeaking the club under the FFP line for permitted losses over three years – Simon Dorset digs into the figures for LFW. 3

2
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:08 - Feb 26 with 1370 viewsRamseyR

A good read. Thanks Simon for putting this piece together.

Norf...you seem to be aware of other clubs in the division and those that are getting into financial trouble. Do you think that now we appear to have stabilised, we may be ahead of the curve that some other clubs are yet to navigate?
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:09 - Feb 26 with 1372 viewsconnell10

I'm still gonna ask him to explain it all on Saturday.

AND WHEN I DREAM , I DREAM ABOUT YOU AND WHEN I SCREAM I SCREAM ABOUT YOU!!!!!
Poll: best number 10 ever?

0
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:33 - Feb 26 with 1260 viewsAndybrat

And breathe... - Simon Dorset's annual deep dive into the accounts on 16:08 - Feb 26 by RamseyR

A good read. Thanks Simon for putting this piece together.

Norf...you seem to be aware of other clubs in the division and those that are getting into financial trouble. Do you think that now we appear to have stabilised, we may be ahead of the curve that some other clubs are yet to navigate?


Exactly what I was thinking and presuming all accounts are out at the same time?
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:36 - Feb 26 with 1242 viewsBrianMcCarthy

Great stuff, Simon.

Can I just ask once for the record, though - what exact date range is this?

Thanks.

"The opposite of love, after all, is not hate, but indifference."
Poll: Player of the Year (so far)

0
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:40 - Feb 26 with 1215 viewsNorthernr

And breathe... - Simon Dorset's annual deep dive into the accounts on 16:36 - Feb 26 by BrianMcCarthy

Great stuff, Simon.

Can I just ask once for the record, though - what exact date range is this?

Thanks.


Basically last season, 2023/24.
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:52 - Feb 26 with 1115 viewsWegerles_Stairs

Insane that we weren't monetising the sponsorship and advertising for years. Maybe now we can get a Watford-style arrangement in place with a European club and shift Taylor Richards for £20m.
[Post edited 26 Feb 16:52]
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:59 - Feb 26 with 1078 viewsWilkinswatercarrier

Just under the bar, unlike a Hugill shot.

So reading this, next accounts will include Colback etc, but after that we should see a noticeable reduction in wages as their expired contracts feed through.

We do seem to be heading in the right direction, and fair play to Nourry who has at least put a plan regarding player development back at the heart of the club, which can only help us financially.
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 16:59 - Feb 26 with 1077 viewsBrianMcCarthy

And breathe... - Simon Dorset's annual deep dive into the accounts on 16:40 - Feb 26 by Northernr

Basically last season, 2023/24.


But is that 31st May 2024, as per the document posted earlier in the week, or is it up to the end of June which is when contracts traditionally end?

Because there was chat on here for the last few days that it these figures included the summer signings.

"The opposite of love, after all, is not hate, but indifference."
Poll: Player of the Year (so far)

0
Login to get fewer ads

And breathe... - Simon Dorset's annual deep dive into the accounts on 17:05 - Feb 26 with 1038 viewsNorthernr

And breathe... - Simon Dorset's annual deep dive into the accounts on 16:59 - Feb 26 by BrianMcCarthy

But is that 31st May 2024, as per the document posted earlier in the week, or is it up to the end of June which is when contracts traditionally end?

Because there was chat on here for the last few days that it these figures included the summer signings.


There's a paragraph right at the end on "post filing events" which basically gives a preview of what they did in the summer that will appear in next season's accounts.

It's the problem with the financial year not quite matching up with the football one - selfish.
1
And breathe... - Simon Dorset's annual deep dive into the accounts on 17:13 - Feb 26 with 991 viewsJuzzie

QPR seem to be getting their income>player salaries ratio down year on year. 92% is still not good but it is coming down.

Do we become less competitive for now? Probably, yes. Do we survive? Most definitely.

Hopefully there will become a time where other clubs decide to cut their cloth and we can then become competitive having already been ahead of the curve.
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 17:15 - Feb 26 with 981 viewsNorthernr

And breathe... - Simon Dorset's annual deep dive into the accounts on 17:13 - Feb 26 by Juzzie

QPR seem to be getting their income>player salaries ratio down year on year. 92% is still not good but it is coming down.

Do we become less competitive for now? Probably, yes. Do we survive? Most definitely.

Hopefully there will become a time where other clubs decide to cut their cloth and we can then become competitive having already been ahead of the curve.


The only way you're going to do that is with significant player sales, or a Premier League promotion.
1
And breathe... - Simon Dorset's annual deep dive into the accounts on 17:20 - Feb 26 with 934 viewsjoe90

The corner flag photo has come out, which can only mean one thing for QPR - the accounts are out.

Says a lot about our club, most clubs drop the corner flag photo when there's been a serious incident.
1
And breathe... - Simon Dorset's annual deep dive into the accounts on 17:21 - Feb 26 with 922 viewsNorthernr

And breathe... - Simon Dorset's annual deep dive into the accounts on 17:20 - Feb 26 by joe90

The corner flag photo has come out, which can only mean one thing for QPR - the accounts are out.

Says a lot about our club, most clubs drop the corner flag photo when there's been a serious incident.


I'm collecting them.





3
And breathe... - Simon Dorset's annual deep dive into the accounts on 17:41 - Feb 26 with 829 viewsJuzzie

And breathe... - Simon Dorset's annual deep dive into the accounts on 17:15 - Feb 26 by Northernr

The only way you're going to do that is with significant player sales, or a Premier League promotion.


That's depressing :(
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 17:53 - Feb 26 with 758 viewsDorse

And breathe... - Simon Dorset's annual deep dive into the accounts on 17:15 - Feb 26 by Northernr

The only way you're going to do that is with significant player sales, or a Premier League promotion.




We got 'em. You want 'em.

'What do we want? We don't know! When do we want it? Now!'

0
And breathe... - Simon Dorset's annual deep dive into the accounts on 18:11 - Feb 26 with 651 viewsthehat

Thank you Simon - Great summary.

Great we squeaked in under the FFP bar and thank god for our owners continuing to fund these massive losses.

By god we could do with Eze moving on for £50M in the summer. I'm surprised no one (Man Utd, Spurs or even Arsenal) have not come in for him.

One year and counting we still have that waste Taylor Richards on the payroll.
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 18:12 - Feb 26 with 650 viewsngbqpr

And breathe... - Simon Dorset's annual deep dive into the accounts on 17:41 - Feb 26 by Juzzie

That's depressing :(


In the 5 or so years before finally reaching the Prem, Brentford sold around 10 players for 5 million plus each...including biggies like Benrahma and Watkins...and replaced them well enough to keep upward momentum and eventually not only go up, but stay there.

Now we all know about Benham's business / advantage with player info etc etc - but it still shows it can be done this way.

Poll: Best hug a stranger / fall down five rows / 'limbs' late goals this season

0
And breathe... - Simon Dorset's annual deep dive into the accounts on 18:22 - Feb 26 with 602 viewsterryb

Cheers Simon.

I'm assuming that the increase in payments from Sky will more than compensate for the increase in wages this season. This is the price that we appear to have to pay for the lack of 3.00pm Saturday games!
0
And breathe... - Simon Dorset's annual deep dive into the accounts on 19:09 - Feb 26 with 395 viewssimmo

Great work Simon, I understood all of it of course, but pleased you're here for the laymens...

ask Beavis I get nothing Butthead

1
And breathe... - Simon Dorset's annual deep dive into the accounts on 19:49 - Feb 26 with 258 viewsRsole

And breathe... - Simon Dorset's annual deep dive into the accounts on 17:05 - Feb 26 by Northernr

There's a paragraph right at the end on "post filing events" which basically gives a preview of what they did in the summer that will appear in next season's accounts.

It's the problem with the financial year not quite matching up with the football one - selfish.


Isn’t that the same gap that Leicester exploited with the change of prem and championship status ?

Neither in one or the other when it suited them and therefore avoided the serious point deduction and fines.

Smart legal advice and poor football admin. No doubt City will find something similar to exploit amongst the 100+

Those possessed by devils, try and keep them under control a bit, can't you ?

0
And breathe... - Simon Dorset's annual deep dive into the accounts on 20:33 - Feb 26 with 128 viewsWatfordR

And breathe... - Simon Dorset's annual deep dive into the accounts on 18:12 - Feb 26 by ngbqpr

In the 5 or so years before finally reaching the Prem, Brentford sold around 10 players for 5 million plus each...including biggies like Benrahma and Watkins...and replaced them well enough to keep upward momentum and eventually not only go up, but stay there.

Now we all know about Benham's business / advantage with player info etc etc - but it still shows it can be done this way.


I think with Brentford, it was a case of right strategy at the right time. It's not really been like that so much for any of the Championship teams since Covid, other than those teams who've been relegated out of the Prem.

For sure, it doesn't mean that we shouldn't be trying to buy young and cheap and develop. But I don't think the market is really there to rely on selling 2 players a year for £5m or more.
0
About Us Contact Us Terms & Conditions Privacy Cookies Advertising
© FansNetwork 2025