.Will QPR regret their transfer splurge? Date: 16th March 2012 at 3:31 pm Written by Jak Penny Desperation drives people into committing acts of mind boggling lunacy. In itâs most extreme form it can range from robbing a bank to scrimping for lost pennies that have fallen down the back of the sofa cushions. In football terms it equates to paying £6 million for Bobby Zamora. Or maybe itâs plying Joey Barton with £70,000-a-week to quote famous philosophers and become embroiled in twitter wars with everyones favourite former news editor Piers Morgan. QPR are guilty of both. The Râs have navigated the last two transfer windows like a 12-year-old would on a fresh Championship Manager save. Keeping your finger pressed on transfer fee until the offer is irresistible. Contract negotiations operate with a similar surrendering mentality. Every playersâ demands are met without dispute to ensure they sign on the dotted line. No strategy is employed whatsoever. However itâs a naive blueprint that could come back to haunt the Râs should they fail to secure Premier League football next season. Like every team promoted from the Championship QPR had only one objective; to survive. At the beginning of the campaign they were the favourites to achieve that goal ahead of rivals Norwich and Swansea who were perceived to have weaker squads. The arrival of owner Tony Fernandes at the backend of August was followed by an influx of signings concluded before the summer deadline snapped shut. Seasoned top flight performers Barton, Anton Ferdinand, Shaun Wright-Phillips and Luke Young all arrived at Loftus Road to offer strength to the belief that the Hoops would achieve their survival goal. It never transpired and ultimately cost Neil Warnock his job with replacement Mark Hughes adopting a similar panic buying philosophy. Djibril Cisse, Nedum Onuoha and Zamora all joined the club during the final week of January but have failed in their mission to lift Rangers out of the relegation zone. However with the prospect of a return to the Championship now very real with 10 games to play their guileless recruitment system could cripple them financially. It was revealed during the week that the club have reportedly failed to insert relegation clauses into the contracts of their recent purchases with a majority of them earning between £50,000 and £60,000-per-week. Should the club find themselves back in Englandâs second tier all the players signed to those deals would still be entitled to that sum putting Rangers in a very precarious position. Usually the custom for a club in their position is to stipulate that in the event of relegation wages be sliced by between 33 to 50 percent. QPRâs reported failure to implement that would see them take on the burden of paying around £3 million-per-year to six or seven players theyâd find difficult to move on. Could you see a Premier League club matching the demands of Barton or 30-somethings like Wright-Phillips and Zamora who have performed way below expectations? The outlook does look bleak. Ever since taking over from Bernie Ecclestone as chairman in August Fernandes has been signing cheques like itâs going out of fashion in attempt to preserve the clubs top flight status. Newcastle are the most recent example of a club failing to insert relegation clauses into the contracts of their players. When they suffered the torment of demotion it left their finances in an apparent state of disrepair. Luckily for them they were able to move on a majority of their squad whilst also having the infrastructure to soften the substantial blow their accounts took. Unfortunately for QPR they donât have a 52,000 capacity stadium that would contribute to a major part of their revenue. Whilst £18 million worth of parachute payments will be forthcoming it isnât enough to sustain a wage bill that pales in comparison to that of Norwich and Swansea. Losses in TV money will also hit them hard in the pocket. To cut a long story short the club could follow a path tread by Leeds United and Portsmouth â two clubs who have paid the price for over spending. All the signs point towards an apocalyptic financial meltdown that would take the Râs years to recover from. The sustainability of their current squad would make it difficult for them to operate in an economy that now prides itself on prudent spending. The arrival or Fernandes was expected to herald a bright to new era at Loftus Road. However quite the opposite now appears to be on the horizon with a badly organised transfer master plan owing heavily to their demise. Should relegation occur supporters should be very worried. In fact they should be on tenterhooks fretting over whether their club can survive outside of the Premier League as they continue to burn money at a rate of knots.
After what happened to newcastle I cant believe anybody (especially promoted teams) would not have relegation clauses in contracts.
To be Frank Yes We are down Blackburn will pull away and the Fabreze factor has the nation pulling on first name terms for Bolton ... That leaves two useless teams Wigan and Wolves who have both beaten us QPR the team that thought big spent big but was found to be clueless
We're talking about QPR here, anything stupid you can think of just add... Don't worry, administration, another idiot to buy the club and we'll be back good as new...
The OP is going to feel rather stupid when we retain our premiership status. It will only be then that he will realise that he should of kept his bitter essay on the backburner until the end of the season, he could then simply rip it up without anybody having to read his vile vitriol. Who is this person? Surely not a Rangers supporter.
Looking for Jak Penny ? Below are the results from the UK electoral roll and company director data. You can narrow your search by adding a location above if you wish. Name Address Other Occupants Electoral Roll Director Info Length of Occupancy Neighbours Property Price 1 Jak T Penny Age Guide: 16-20 Bristol, Avon, BS15 Full Address Patricia M Penny Harry R Penny David W Gardner 2012 View 2 Jak T Penny Bristol, Avon, BS5 Full Address Patricia M Penny Ella Lendzion Darren J Creech 2003-04 View 3 Jak Penny Age Guide: 25-29 Chester Le Street, County Durham, DH2 Full Address Fae Penny Carol A Penny 2007-12 View.
Fernandes, Beard, Amit et al are all businessmen of some repute and experience. Even a 14 year old on a business management GCSE when writing a three year business plan for QPR would have noticed that relegation would leave to a loss of revenue. I can't see why people assume we have clueless clowns in charge who wouldn't know a balance sheet from a sheet of big paper?
Agree with Tooting here. These are real world businessmen. Yet another example of sensationalist journalism - so easy to pick up on the negatives and exploit them (those words like 'reportedly' say it all - don't even have the nouse to confirm their own stories). Where's the 'other side of the coin'? If these players won't be taken by anyone else, then they'll be staying at the club, which means every chance of returning to the EPL just as Newcastle did; as well as the likelihood that there will be further strengthening of the squad and club facilities still planned for the club.
The substantial parachute payments would cover the first year so not quite sure how this guy equates relegation with complete disaster. Becomes much worse if we got relegated and failed to come straight back up. Also, the story about no relegation clauses is speculative at present.
Yeah, let's hope the Irish luck quotient is back up to full after your pack was destroyed by a bunch of English kids on Saturday. When confidence goes amongst the forwards in rugby it really is highly visible, isn't it? Those guys, especially Court, will be in trauma for some time to come. On the upside, Best can now identify all of the English pack from the soles of their boots. Sorry lads couldn't resist it after our humiliation in Dublin last year..... The OP, as stated by several above, is speculation based on the assumption that Amit and Tony are idiots. Ignore.
What a load of ****. Spinning an article off other speculative media storries during last week carries zero credability imo. If you listen to what Philip Beard said in the aftermath of our signings of Zamora and Cisse theres nothing at all suggesting we paid over the odds to get them, quite the contrary. Here's what he said: "Some crazy numbers been bandied about over what we have to spend. Most are fictitious, some ridiculous, but the squad read about them. So I have had a lot of conversations with players explaining that, though ambitious, we are also running a business that has to be realistic." "With Djibril done, I turned my attention to Bobby Zamora. With his club being Fulham and with us a rival London side and also in the lower half of the league, I was unsure whether they would sell but had heard that they might. I called Alistair MacKintosh, their chief executive, and said: âIf we made an offer, is it something we could talk about?â I got the feeling that it was. That was about 9am. I focused 100 per cent on Bobby but in the back of my mind I had to be prepared. We agreed Bobby should go for a medical. At that stage I was in discussion with his agent but our figures were miles apart. I was seriously concerned about whether we would find common ground." You've probably read it before, but if not here's Philip Beard's brilliant piece on the hectic days in january: http://www.telegraph.co.uk/sport/football/teams/queens-park-rangers/9055752/Deadline-day-at-Queens-Park-Rangers-the-inside-story-by-Philip-Beard-the-clubs-chief-executive.html
Yes, simply because we bought ****e and/or old players. The only good long term transfer was Traore but Cisse is a good short term option. The rest are between meh and a disaster.
Forgot about him but Id add him onto the good signings although it seems we gave him far too much money according to reports, hes supposedly on near SWP and Barton money.
