Not really, we are losing £90m a season while we are in the PL We are in about £270m of debt. That will grow by 90m each year until we get a new ground. At best that will be 5 years so that's another £450m, plus £300m for the ground. We will be in over a billion pounds of debt before we can make a profit. Do you think that is sustainable? People like Clive and myself realise this, the head in the sand brigade don't care as long as the last result was a win.
So you have access to financial forecasts for the upcoming season from the QPR board ? Wow so you are truly ITK !! we need to bow down to all Flyer posts, as he now has access to all QPR board decisions !! Now that is ITK !!
We lost 177m in the 2 seasons we were in the PL. Its public knowledge. The losses after getting relegated are likely to be worse. http://www.theguardian.com/football/2014/mar/06/qpr-debt-177m-report-premier-league-relegation
I'm not sure if I'm on Flyer's page entirely, but he does have a point. The latest announcement about the training ground is very worrying- that was the one thing that made me feel most secure in Tony's ownership. Hopefully the supposed cancellation is all just a big bluff to speed up the process... we'll have to wait and see.
Great writer but never for me ... A lot better views on this forum After what we have been through then laughter is the only tonic IMO Real Madrid 0 Surreal Madrid Fish
