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sb_73 said:
They did what quite a few Rs fans think they should be doing now - spend loads of dosh in a vain attempt to stay in/ back to the PL. And it seems they didn’t learn so much from the experience as they did it again on a smaller scale for Warburton. So they have been ****ed over by Hughes, Redknapp and Warburton, none of whom could deliver in what they promised - ‘give me these players, I’ll give you the PL’.

And I have no sympathy for them either.
Click to expand...
Funny isn’t it Sb, it keeps coming back to leadership. Something, for me, we have been lacking for some years now. Talent is a wonderful thing but leadership and spirit accounts for a lot when a team is together (on the pitch, in the office and in the boardroom). Good strong leadership wouldn’t have let those managers get away with it. I do think Hoos has some element of leadership, grounding our owners when it comes to finances.
Oh for the days of Jim Gregory (contentious with some I’m sure), Macca, Francis, Venables, Fenwick, Derry etc.
 
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Good analysis by one of the guests on the Open All Rs podcast this week...

https://open.spotify.com/episode/3nYtmsx13JctOfR1rKTpT2?si=izQXTeI8QH2LpZrLyM9ruw

We're in the ****, but not as deep as some others (Stoke, Birmingham, Reading) but we don't have much headroom for FFP...some of those £25m losses can be written off, and need to be as we're well over the three year loss figure of £39m if we don't
 
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That must be about £300 million he's converted into shares now ffs !
 
Rollers take on things....not pretty reading

On the edge of the precipice – Column

Monday, 6th Mar 2023 15:21 by Simon Dorset

Our resident accountancy expert Simon Dorset offers his annual deep dive into the QPR accounts, which this year show a loss north of £24m for the 2021/22 season.


I downloaded QPR’s latest accounts with some trepidation. If a club generally regarded as well-run such as Preston North End had lost £16.8m going nowhere last season, what would the latest set of accounts reveal about our accident-prone Queens Park Rangers? Then, of course, there were those prophecies of Financial Fair Play doom looming on the horizon.

https://www.fansnetwork.co.uk/footb...s/59765/on-the-edge-of-the-precipice-–-column
 
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Steelmonkey said:
Rollers take on things....not pretty reading

On the edge of the precipice – Column

Monday, 6th Mar 2023 15:21 by Simon Dorset

Our resident accountancy expert Simon Dorset offers his annual deep dive into the QPR accounts, which this year show a loss north of £24m for the 2021/22 season.


I downloaded QPR’s latest accounts with some trepidation. If a club generally regarded as well-run such as Preston North End had lost £16.8m going nowhere last season, what would the latest set of accounts reveal about our accident-prone Queens Park Rangers? Then, of course, there were those prophecies of Financial Fair Play doom looming on the horizon.

https://www.fansnetwork.co.uk/football/queensparkrangers/news/59765/on-the-edge-of-the-precipice-–-column
Click to expand...
Jesus Christ.

I tend to tune out when he talks about this stuff pre match in the pub, it’s both confusing and depressing.
 
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Steelmonkey said:
Rollers take on things....not pretty reading

On the edge of the precipice – Column

Monday, 6th Mar 2023 15:21 by Simon Dorset

Our resident accountancy expert Simon Dorset offers his annual deep dive into the QPR accounts, which this year show a loss north of £24m for the 2021/22 season.


I downloaded QPR’s latest accounts with some trepidation. If a club generally regarded as well-run such as Preston North End had lost £16.8m going nowhere last season, what would the latest set of accounts reveal about our accident-prone Queens Park Rangers? Then, of course, there were those prophecies of Financial Fair Play doom looming on the horizon.

https://www.fansnetwork.co.uk/football/queensparkrangers/news/59765/on-the-edge-of-the-precipice-–-column
Click to expand...
Ouch! That doesn’t look good. I wonder if there will be deserters from the Good ship Loftus before the next accounts are filed.
 
Steelmonkey said:
Rollers take on things....not pretty reading

On the edge of the precipice – Column

Monday, 6th Mar 2023 15:21 by Simon Dorset

Our resident accountancy expert Simon Dorset offers his annual deep dive into the QPR accounts, which this year show a loss north of £24m for the 2021/22 season.


I downloaded QPR’s latest accounts with some trepidation. If a club generally regarded as well-run such as Preston North End had lost £16.8m going nowhere last season, what would the latest set of accounts reveal about our accident-prone Queens Park Rangers? Then, of course, there were those prophecies of Financial Fair Play doom looming on the horizon.

https://www.fansnetwork.co.uk/football/queensparkrangers/news/59765/on-the-edge-of-the-precipice-–-column
Click to expand...

****ing hell!

We're truly ****ed, both on and off the pitch.
 
Rotherham's accounts came out yesterday. Turnover £12m. Loss £1.7m. Player wages £21m lower than QPR.

Caveat - they are L1 figures, but wages can't have gone up too much for them, and turnover will have increased in championship too. We obviously want to set the bar higher than Rotherham, but shows we can improve our squad and cut the wage bill.
 
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Steelmonkey said:
Rollers take on things....not pretty reading

On the edge of the precipice – Column

Monday, 6th Mar 2023 15:21 by Simon Dorset

Our resident accountancy expert Simon Dorset offers his annual deep dive into the QPR accounts, which this year show a loss north of £24m for the 2021/22 season.


I downloaded QPR’s latest accounts with some trepidation. If a club generally regarded as well-run such as Preston North End had lost £16.8m going nowhere last season, what would the latest set of accounts reveal about our accident-prone Queens Park Rangers? Then, of course, there were those prophecies of Financial Fair Play doom looming on the horizon.

https://www.fansnetwork.co.uk/football/queensparkrangers/news/59765/on-the-edge-of-the-precipice-–-column
Click to expand...

Grim is the word. One salient point though is the £39 million loss threshold has remained unchanged whereas Premier League income and parachute money has increased leaving the chasm ever bigger for those not benefiting from such. Reading are already on the naughty step and a number of other Championship clubs on the brink, this really isn't a sustainable or sensible way to run what is becoming an insurmountable difference between the haves and have nots. It'll be interesting to see what becomes of the government's demand for a reset...
 
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