Eye-watering contracts

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Sooperhoop

Sooperhoop

Well-Known Member
Jan 26, 2011
36,465
27,639
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South Norwood
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...
 
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.
 
sb_73 said:
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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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....
 
DaiswanHuwsmate said:
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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Well Dai, come back this time next year, it'll either be "I told you so" or "I'm a total prick"...:grin:
 
daverangers said:
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...?
Click to expand...

That,mate, is a serious assumption. Crazy when Tony said he wanted to run QPR as a profitable business.
 
DaiswanHuwsmate said:
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....
Click to expand...

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
 
IwasanotherwatfordR said:
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.
Click to expand...

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