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Eye-watering contracts

Discussion in 'Queens Park Rangers' started by Sooperhoop, Apr 30, 2013.

  1. Sooperhoop

    Sooperhoop Well-Known Member

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    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...
     
    #1
  2. CroydonCaptainJack

    CroydonCaptainJack Well-Known Member

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    Straight out of the Sun
     
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  3. sb_73

    sb_73 Well-Known Member

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    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. )
     
    #3
  4. toshchamberlainsmate

    toshchamberlainsmate Well-Known Member

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  5. WBA2_QPR3

    WBA2_QPR3 Well-Known Member

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    Soopers - where did you get this info from? I thought salaries would be confidential ?
     
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  6. WBA2_QPR3

    WBA2_QPR3 Well-Known Member

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    And excludes -

    The Korean lad
    Hogan
    Hulse
    Haim
    Harriman
    Murphy
     
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  7. Sooperhoop

    Sooperhoop Well-Known Member

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    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...
     
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  8. daverangers

    daverangers Well-Known Member

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    If, as has been suggested, this came from the Sun, I would take it with a pinch of salt.
     
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  9. sb_73

    sb_73 Well-Known Member

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    I think Sooper's got it directionally right though. We can't pretend it will go away, unless we do something about it.
     
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  10. toshchamberlainsmate

    toshchamberlainsmate Well-Known Member

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    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.
     
    #10

  11. daverangers

    daverangers Well-Known Member

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    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...?
     
    #11
  12. swanseaandproud

    swanseaandproud Well-Known Member

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    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....
     
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  13. roscafre

    roscafre Active Member

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    What about HR salery and contract terms
     
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  14. Sooperhoop

    Sooperhoop Well-Known Member

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    Well Dai, come back this time next year, it'll either be "I told you so" or "I'm a total prick"...:grin:
     
    #14
  15. Rangers Til I Die

    Rangers Til I Die Well-Known Member

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    That,mate, is a serious assumption. Crazy when Tony said he wanted to run QPR as a profitable business.
     
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  16. Sooperhoop

    Sooperhoop Well-Known Member

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    Then again, Chelsea and Man City have written off far bigger sums annually. The only difference is they had success...
     
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  17. Rangers Til I Die

    Rangers Til I Die Well-Known Member

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    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.
     
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  18. IwasanotherwatfordR

    IwasanotherwatfordR Well-Known Member

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    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.
     
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  19. _qpr-scotland_

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    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
     
    #19
  20. Rangers Til I Die

    Rangers Til I Die Well-Known Member

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    Agreed, of course. I just don't want to hear that from that Welshman.
     
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