This is a list of our wage bill and contracts, serious money... Samba £100k to 2017 Remy £80k to 2017 Cesar £80k to 2016 Park £75k to 2014 Granero £75k to 2016 Barton £72k to 2015 Bosingwa £65k to 2015 SWP £65k to 2014 Onuoha £65k to 2016 Zamora £65k to 2014 Diakite £65k to 2016 Johnson £60k to 2014 Mbia £55k to 2014 Adel £50k to 2015 Hoilett £50k to 2016 Green £50k to 2014 Young £45k to 2014 Ferdinand £42k to 2014 Bothroyd £42k to 2014 Cisse £42k to 2014 Traore £40k to 2014 Jenas £40k to 2014 Hill £28k to 2014 Mackie £28k to 2015 Derry £28k to 2014 Faurlin £22k to 2014 Total weekly wage bill: £1.419 million Total annual wage bill: £73.780 million The cost of abject failure...
Ouch. And probably doesn't include bonuses......not that they have earned any. Oh well, mustn't grumble, worse things happen at sea. (actually don't believe that as its certain Samba isn't on anything like 100k, calls the rest into question. )
As CCJ says, it was in an article in The Sun. It is conjecture as to whether it's spot on, but when you see the full roll-call and the length of the contracts it makes you wonder just how they are financing things. Even if they're £10k over on each player the total is still over a million a week. Remember it was £56 million last year before this season's additions, so they're not far off the real sum...
I think Sooper's got it directionally right though. We can't pretend it will go away, unless we do something about it.
Yes, the £ 56m was reported in the audited accounts for 11/12 - and there have been significant additions since then - probably a few cost saving departures too? All in all, it looks like salaries exceed total income, before any other expenditure. From April 2014, that could be very risky.
Even if it's only half true, that is still a staggering amount of money that we are committed to paying out whilst in the Championship. As passionate as Tony is, if he's having to bail the club out to the tune of nearly a million a week, that passion may soon fade. Worrying, but surely some will have wage reductions built on due to relegation...?
administration is the only way out.....It a worst state than pompey were in.....there is no way a small club like qpr will survive the the season in the lower leagues with wages and contracts like that..no way on this earth....
That,mate, is a serious assumption. Crazy when Tony said he wanted to run QPR as a profitable business.
Then again, Chelsea and Man City have written off far bigger sums annually. The only difference is they had success...
Just to put things in perspective. If Mittal alone paid the WHOLE wage bill out of his pocket for 5.5 years, it would cost him 2.5% of his net worth (current Wiki). Must be so nice to be able to buy Wales out of petty cash. Of course he would never do either of those things. Both equally distasteful. Given the wealth of Fernandes and the other members of the consortium, administration seems unlikely. However, I will grant you that relegation seemed unlikely in August of last year.
Many seriously wealthy men have lost their shirts through what might be the folly of owning/financing a football team. I wonder how much (more) the Mittalls are prepared to burn ? I do not believe Tony has the resources to sustain the kind of losses the club is likely to report over the next couple of years. Despite the continued rhetoric from our current owners, I remain worried for the future of the club.
Dont believe a word of it. Fernandes has publicly said that Samba's wages are "closer to the £65k mark". The players dont even know what other players contracts are so it would be impossible for the Sun to know especially considering they've ignored a direct quote from TF. No gripe at you obviously sooper