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Wolves & Other Championship Clubs losses...

Discussion in 'Queens Park Rangers' started by Tramore Ranger, Mar 5, 2019.

  1. QPR999

    QPR999 Well-Known Member
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    The EFL are reviewing their rules regarding this loophole this summer, so we probably won't.
     
    #61
  2. qprbeth

    qprbeth Wicked Witch of West12
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    You can only sell your ground once!
     
    #62
  3. Ninj

    Ninj Well-Known Member

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    where arry when you need him???<whistle><whistle><whistle>
     
    #63
  4. Totallyqpr

    Totallyqpr Well-Known Member

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    Where's the Fair Play in that?
     
    #64
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  5. QPR999

    QPR999 Well-Known Member
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    Exactley. It's morally wrong, but what would we as fans think of it if our club did it?
     
    #65
  6. Totallyqpr

    Totallyqpr Well-Known Member

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    "Noscruples" is my middle name. If other clubs have done it, it is only fair that we should. Shame we didn't think of it first.
    Why not sell season tickets to "people" for 10 million a seat?
     
    #66
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  7. SW Ranger

    SW Ranger Well-Known Member

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    The principle behind FFP is admirable. Whereas the people who are asked to implement it are imbeciles. It’s totally ridiculous that rich owners can’t bail clubs to within the FFP rules as long as stupid loopholes aren’t great chasms (which is also their fault for not highlighting the spirit of “fair play” in Financial Fair Play).
    If an owner wants to throw away his money at his stupid losses then let him, as long as he doesn’t leave the club with unmanageable debt should he walk away. That protects the club, it’s employees and the fans of that club and retains it to being at least some way an attractive punt to a buyer/investor.
     
    #67
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  8. NigsyHoops

    NigsyHoops Well-Known Member

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    Why can't the owners sponsor players shirts, shorts, socks and boots? Say for 1 million for each and they can have their name in the program. Used to be done, although it was for about £50 I think.
     
    #68
  9. Tramore Ranger

    Tramore Ranger Well-Known Member
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    Didn't Man City use the ground naming trick where their owners "paid" some ridiculous amount, £400m comes to mind as a way of generating additional income to avoid huge losses.......
     
    #69
  10. CroydonCaptainJack

    CroydonCaptainJack Well-Known Member

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    I haven't seen the details but I'm guessing this may just be kicking a problem down the road for these clubs. Future rental payments are likely to be much more than any depreciation charge they currently incur.
     
    #70

  11. sb_73

    sb_73 Well-Known Member

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    In the Times today they published a list of all 92 PL and EFL clubs in order of net profit/loss 2017-18. The 20 PL clubs had a net surplus of £304m, the 72 EFL teams a net deficit of £388m.

    QPR (loss of £38m) at 90th in the table, propped up by Fulham (loss £45m) and Wolves (loss £57m).

    This doesn’t look like a sustainable sport, and we certainly don’t look like a sustainable club.
     
    #71
  12. Uber_Hoop

    Uber_Hoop Well-Known Member

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    How many of the 20 Prem boys actually made profit, Stan? I wouldn’t mind betting fewer than half?

    Looks like we’re going to have to sell Lynch to put us back in surplus!
     
    #72
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  13. Tramore Ranger

    Tramore Ranger Well-Known Member
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    Not sure that's right as we "only" made a loss of £23m in last financial year whereas Wolves lost £57m, Villa £54m, Fulham £44m, Cardiff £40m, Brum £39m, Reading £39m, Bristol City £24m.........all more than us, plus Sheff Wed still not filed their accounts that were due a month ago, must have a lot to hide seeing as their owner said they had hugely breached FFP levels.........
     
    #73
  14. sb_73

    sb_73 Well-Known Member

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    Ask Martin Ziegler....
    2017-18 Net profit and loss
    1 Tottenham £113m
    2 Liverpool £106m
    3 Chelsea £62m
    4 Arsenal £57m
    5 Burnley £37m
    6 Southampton £29m
    7 Newcastle £19m
    8 Hull £19m
    9 West Ham £17m
    10 Norwich £15m
    11 Barnsley £13m
    12 Huddersfield £11m
    13 Brighton £11m
    14 Manchester City £10m
    15 Exeter £2.4m
    16 Leicester £1m
    17 Preston £1m
    18 Port Vale £1m
    19 Stevenage £0.8m
    20 Luton £0.6m
    21 Peterborough £0.5m
    22 Forest Green £0.4
    23 Accrington £0.4m
    24 Fleetwood £0.4m
    25 Burton £0.3m
    26 Shrewsbury £0.3m
    27 Gillingham £0.1m
    28 Plymouth £0.1m
    29 Newport £0.1m
    30 Yeovil £0.1m
    31 Walsall no profit/loss
    32 Barnet no profit/loss
    33 Grimsby -£0.04m
    34 Cheltenham -£0.1m
    35 Carlisle -£0.1m
    36 Mansfield -£0.1m
    37 Bradford -£0.3m
    38 Rochdale -£0.3m
    39 Crawley -£0.3m
    40 Morecambe -£0.4m
    41 Oldham -£0.5m
    42 Rotherham -£0.5m
    43 Wimbledon -£0.5m
    44 Wycombe -£0.7m
    45 Crewe -£0.8m
    46 Cambridge -£0.8m
    47 Chesterfield -£1.1m
    48 Lincoln -£1.1m
    49 Derby -£1.1m
    50 Portsmouth -£1.4m
    51 Notts County -£1.5m
    52 Swindon -£1.8m
    53 Sheffield Utd -£1.9m
    54 Northampton -£2m
    55 Oxford -£2m
    56 Blackpool -£2.1m
    57 Coventry -£2.5m
    58 Doncaster -£2.8m
    59 Bury -£2.8m
    60 Swansea -£3m
    61 Southend -£3.1m
    62 Colchester -£3m
    63 Bristol Rovers -£3m
    64 Scunthorpe -£3.6m
    65 Brentford -£3.9m
    66 Leeds -£4.3m
    67 MK Dons -£4.6m
    68 Millwall -£4.6m
    69 Ipswich -£5.2m
    70 Bolton -£5.4m
    71 Nottingham Forest -£5.6m
    72 West Brom -£6m
    73 Middlesbrough -£6.6m
    74 Wigan -£7.7m
    75 Sunderland -£10.2m
    76 Charlton -£10.4m
    77 Bournemouth -£11m
    78 Everton -£13m
    79 Blackburn -£16.8m
    80 Reading -£21m
    81 Sheffield Wed -£21m
    82 Bristol City -£25m
    83 Watford -£31m
    84 Stoke -£32m
    85 Aston Villa -£35m
    86 Cardiff -£36m
    87 Crystal Palace -£36m
    88 Manchester Utd -£37m
    89 Birmingham -£37m
    90 QPR -£38m
    91 Fulham -£45m
    92 Wolves -£57m
    Compiled by Martyn Ziegler
     
    #74
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  15. Uber_Hoop

    Uber_Hoop Well-Known Member

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    Thanks. So, 12 of the 20 PL teams made profits, although nos. 91 and 92 in the list were promoted to the PL in that year.

    How can any of us have faith in any of this that ‘manage’ QPR’s affairs?
     
    #75
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  16. QPR Oslo

    QPR Oslo Well-Known Member

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    I see a loss of 38 m quoted other places too. Is the 23 m the FFP loss, where the FFP fine and I guess other items are excluded?
     
    #76
  17. Uber_Hoop

    Uber_Hoop Well-Known Member

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    Stonking result by Exeter City... must've been down to the sale of that 'superstar and thought leader of the future' David Wheeler.
     
    #77
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  18. kiwiqpr

    kiwiqpr Barnsie Mod

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    Even barnsley made a profit
     
    #78
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  19. Uber_Hoop

    Uber_Hoop Well-Known Member

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    All down to the quality of their Mod, apparently...
     
    #79
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  20. Steelmonkey

    Steelmonkey Well-Known Member

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    A sales of plant pots
     
    #80
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