| QPR finances released 09:45 - Feb 22 with 2756 views | Gloucs_R |
Niall does a fantastic job at explaining these... |  |
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| QPR finances released on 09:51 - Feb 22 with 2687 views | Hoopsie |
So can we sign a striker? |  |
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| QPR finances released on 10:07 - Feb 22 with 2568 views | Gloucs_R |
| QPR finances released on 09:51 - Feb 22 by Hoopsie |
So can we sign a striker? |
Still shopping at Costco and not at Waitrose...... | |
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| QPR finances released on 10:14 - Feb 22 with 2510 views | HAYESBOY |
Owners (Ruben) still putting in 2m a month!!!! |  |
| Smells like a trout farm in here |
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| QPR finances released on 10:16 - Feb 22 with 2500 views | Stanisgod |
| QPR finances released on 10:14 - Feb 22 by HAYESBOY |
Owners (Ruben) still putting in 2m a month!!!! |
Surely even these people have a limit š³š |  |
| It's being so happy that keeps me going. |
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| QPR finances released on 10:55 - Feb 22 with 2292 views | BklynRanger |
| QPR finances released on 09:51 - Feb 22 by Hoopsie |
So can we sign a striker? |
Yeah - I can't do Twitter so can someone summarise what's the damage?
How much 'headroom' are we looking at? |  | | |
| QPR finances released on 11:02 - Feb 22 with 2235 views | dmm |
Thanks for posting, Gloucs. Things are improving but with the shareholders Ā£2m per month still very much needed to keep us solvent, we're still way short of being able to stand on our own two feet. But, I guess that's just football today. |  | | |
| QPR finances released on 11:08 - Feb 22 with 2189 views | Superhoops2808 |
| QPR finances released on 11:02 - Feb 22 by dmm |
Thanks for posting, Gloucs. Things are improving but with the shareholders Ā£2m per month still very much needed to keep us solvent, we're still way short of being able to stand on our own two feet. But, I guess that's just football today. |
I think we always will struggle until we move - Simple as that. Because even if we filled HQ week after week its still not enough |  | | |
| QPR finances released on 12:34 - Feb 22 with 1819 views | thehat |
Thank god for our owners continuing to fund the club to circa Ā£2M per month.
Good to see we are heading in the right direction on and off the pitch but it still scares me how much we continue to rely on their funding. I mean even they must have a limit on continuing to throw money down the drain at these levels. |  | | |
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| QPR finances released on 12:48 - Feb 22 with 1726 views | 1JD |
A key highlight for me is that we spent 9m this summer. 6m NET transfer value is given at the end of the report. Assuming we got the reported 2.5m for Armstrong (minus 500k sell on) and 1m for Dykes, gives 3m outgoing, and 6m net.
Meaning Madsen really was a 4m signing š | | | |
| QPR finances released on 13:24 - Feb 22 with 1525 views | dannyblue |
| QPR finances released on 12:48 - Feb 22 by 1JD |
A key highlight for me is that we spent 9m this summer. 6m NET transfer value is given at the end of the report. Assuming we got the reported 2.5m for Armstrong (minus 500k sell on) and 1m for Dykes, gives 3m outgoing, and 6m net.
Meaning Madsen really was a 4m signing š |
I havenāt looked but wouldnāt this be reporting on summer 2023 if itās a report to May 2024?
So with dieng and dickie being the salesā¦the rest being colback, cook, Smyth, cannon etcā¦.what this really meansā¦hide nowā¦is Taylor Richards is much more of a disaster than we even realised?
Update: Iāve skimmed it now and donāt see that Ā£6m figure. Iām less concerned about what we might have paid for Richards. The bit on impairment looks very relevant to him. [Post edited 22 Feb 13:44]
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| QPR finances released on 13:33 - Feb 22 with 1470 views | Juzzie |
| QPR finances released on 11:08 - Feb 22 by Superhoops2808 |
I think we always will struggle until we move - Simple as that. Because even if we filled HQ week after week its still not enough |
The problem with that is with increased income of a new stadium the players (and agents) will just want even more money so we just end up standing still. At some point all avenues of income get maxed out.
The key is to get the income > player salary ratio down. Not sure what it is at the moment but I believe 60-70% is the ideal max threshold. In our PL seasons I think we were at 130%. [Post edited 22 Feb 13:34]
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| QPR finances released on 14:08 - Feb 22 with 1280 views | 1JD |
| QPR finances released on 13:24 - Feb 22 by dannyblue |
I havenāt looked but wouldnāt this be reporting on summer 2023 if itās a report to May 2024?
So with dieng and dickie being the salesā¦the rest being colback, cook, Smyth, cannon etcā¦.what this really meansā¦hide nowā¦is Taylor Richards is much more of a disaster than we even realised?
Update: Iāve skimmed it now and donāt see that Ā£6m figure. Iām less concerned about what we might have paid for Richards. The bit on impairment looks very relevant to him. [Post edited 22 Feb 13:44]
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Itās listed as the last piece on the financial report under āpost reporting date eventsā. | | | |
| QPR finances released on 10:37 - Feb 23 with 65 views | eastside_r |
Not on Twitter so have not seen this guyās commentary but have downloaded the accounts from Companies House and had a look myself.
A couple of caveats - one, itās 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 Ā£22m to just over Ā£15m. So I think this means the much quoted almost Ā£2m per month was reduced to cĀ£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.) |  | | |
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