FERNANDES just tweeted players in and out tomorrow

[QPRWEBBIE]

Dont hate him as i think he is actually a half decent fella...but i dont trust him and i worry about my club under the stewardship of a bloke who has failed big time in the first 2 years of the job. He has spent millions to get us relegated and its no use saying it was Hughe's fault. Fernandes appointed Hughes, Fernandes is the boss, buck stops with Fernandes the same as any other top guy at a company.

V you say he has spunked millions,do you know this is a fact, have you got inside info to our finances ? The reason he got park on board was to up our profile abroad, how many shirts were purchased around the world with his name on, how much TV rights did we get for showing Our games in these countries. One thing I do know for a fact is rich businessmen do not spunk millions as whatever they lay out there is always a reason and a good income behind it in which you,I and the rest of our supporters will not know.

[kron-1664]

like i said in another thread - last jan jenas £20k townsend £5k somewhere around those numbers is where 90% of the squad should be imo.

but really whether the club signs sp or not they still have to pay cesar, bosingwa, park, mbia or you could go through a long list - it is still money - unless you have some strategy to get them off the wages bill and return to some more swansea type model maybe -

because otherwise nearly all the spending will remain exactly the same the same whether sp arrives or not.

Townsend was on 18k as an 18 yo at Spurs according to Warnock.

[Felt]

V you say he has spunked millions,do you know this is a fact, have you got inside info to our finances ? The reason he got park on board was to up our profile abroad, how many shirts were purchased around the world with his name on, how much TV rights did we get for showing Our games in these countries. One thing I do know for a fact is rich businessmen do not spunk millions as whatever they lay out there is always a reason and a good income behind it in which you,I and the rest of our supporters will not know.

The accounts from our first season in the Prem were dire. The accounts from our second I shudder to think. With FFP rules it doesn't matter how much cash Fernandes has, we're fu*ked unless things improve rapidly.

[vblockranger]

V you say he has spunked millions,do you know this is a fact, have you got inside info to our finances ? The reason he got park on board was to up our profile abroad, how many shirts were purchased around the world with his name on, how much TV rights did we get for showing Our games in these countries. One thing I do know for a fact is rich businessmen do not spunk millions as whatever they lay out there is always a reason and a good income behind it in which you,I and the rest of our supporters will not know.

Dont take much inside info when its in financial records released for anyone to see. Not including the last 2 transfer windows our debts have increased to £89 million. Thats a rise of £33 million since last set of finances were released. All that money only to fail and get relegated....good business? Fernandes up to now has failed big time on the pitch affairs and off it. Yet some love Uncle Tony cos he tweets a good tweet :-). Not having a pop mate, if you trust him to come good then fair enough i respect your faith and opinion but we need to be able to sustain our outgoings and the way Fernandes is spending its not looking good.

http://uk.reuters.com/article/2013/03/07/uk-soccer-england-qpr-debt-idUKBRE9260LQ20130307

[QPR Richard]

The debt between the board is split thus:

£30m to Lakshmi Mittal
£60m between TF and two others, £20m each.

This is loose change for these guys.

[vblockranger]

The debt between the board is split thus:

£30m to Lakshmi Mittal
£60m between TF and two others, £20m each.

This is loose change for these guys.

So we are balancing the books and can sustain our outgoings? wages etc? All ready for FFP? If these backers walk away we can stand on our own feet? Cmon Richard you are always crowing about Fernandes business acumen...

"(Reuters) - Queens Park Rangers' debts have increased to almost 89 million pounds ($133.99 million), according to the latest financial results published for the Premier League's bottom club.

The accounts, which cover the 2011-12 season and do not include the last two transfer windows when QPR invested heavily on new players, show debts rose by almost 33 million pounds."

All that money just to get relegated? good bit of business from your best mate Uncle Tony? and thats without seeing the mess that the next set of books are going to be. Fill you with confidence that Fernandes is going to turn it all around? not even the slightest worry? not a speck?

[QPRWEBBIE]

Dont take much inside info when its in financial records released for anyone to see. Not including the last 2 transfer windows our debts have increased to £89 million. Thats a rise of £33 million since last set of finances were released. All that money only to fail and get relegated....good business? Fernandes up to now has failed big time on the pitch affairs and off it. Yet some love Uncle Tony cos he tweets a good tweet :-). Not having a pop mate, if you trust him to come good then fair enough i respect your faith and opinion but we need to be able to sustain our outgoings and the way Fernandes is spending its not looking good.

http://uk.reuters.com/article/2013/0...9260LQ20130307

But TF will be getting revenue from his investment which does not have to come into the qpr finances, he can take it as or within any business or brand that he owns, so if next month he gets a bank credit into another business he owns which could be linked to qpr he could pay say £50m into the club account and his deficit will be almost paid. I know a couple of very wealthy people and this kind of thing is done to what we know as balancing the books. There is always a reason for this and that is why they are astute and have millions

[vblockranger]

But TF will be getting revenue from his investment which does not have to come into the qpr finances, he can take it as or within any business or brand that he owns, so if next month he gets a bank credit into another business he owns which could be linked to qpr he could pay say £50m into the club account and his deficit will be almost paid. I know a couple of very wealthy people and this kind of thing is done to what we know as balancing the books. There is always a reason for this and that is why they are astute and have millions

But the worry is mate that we as a football club can no longer pay our own way if these backers decide to walk away from their hobby. We have poor players contracted on massive wages that we havent a hope of sustaining without the numptys pumping millions into us. Due to huge mistakes and gross mis management we have spent millions and are spending millions on wages...and have got nowhere. In fact we have gone backward. Now we have to hope and pray that we can turn it all around befor FFP comes into force which is why i guess that Fernandes is hoping for an instant promotion. However, some people have total faith that they can do this, some have a few fears and some cynical *******s like me look at the last 2 seasons since Fernandes took over and wonder what the **** is this plum's business plan. If you have faith in Fernandes then fair enough but i dont trust the ****.

[QPR Richard]

So we are balancing the books and can sustain our outgoings? wages etc? All ready for FFP? If these backers walk away we can stand on our own feet? Cmon Richard you are always crowing about Fernandes business acumen...

"(Reuters) - Queens Park Rangers' debts have increased to almost 89 million pounds ($133.99 million), according to the latest financial results published for the Premier League's bottom club.

The accounts, which cover the 2011-12 season and do not include the last two transfer windows when QPR invested heavily on new players, show debts rose by almost 33 million pounds."

All that money just to get relegated? good bit of business from your best mate Uncle Tony? and thats without seeing the mess that the next set of books are going to be. Fill you with confidence that Fernandes is going to turn it all around? not even the slightest worry? not a speck?

Do you not remember when TF took over the board agreed to fund transfers? And anyway, the money invested hasn't come from bank loans, it's come from the owners own pockets?

Do you really believe that the likes of TF and Amit along with the other shareholders don't know what they're doing, or have no credible business plan?

They've said all along that in the early years they understood that they will be taking a hit in their pockets while they build the club. They knew that they would have to invest a lot of money for a number of years before they saw growth.

You seem to think that it's all about quick fixes and instant success. It's not. The board is playing for the long term.

Sadly, too many fans like yourself cannot see the long term plans. That is the complete overhaul of the club's infrastructure, the growth of revenue streams, and the development of a long-term youth policy. The changes cannot be achieved overnight, nor can they be achieved in a few years. It takes time and patience which unfortunately, you seem to lack.

I wish you'd stop bad mouthing the chairman and let him try and do his job.

[QPRWEBBIE]

But the worry is mate that we as a football club can no longer pay our own way if these backers decide to walk away from their hobby. We have poor players contracted on massive wages that we havent a hope of sustaining without the numptys pumping millions into us. Due to huge mistakes and gross mis management we have spent millions and are spending millions on wages...and have got nowhere. In fact we have gone backward. Now we have to hope and pray that we can turn it all around befor FFP comes into force which is why i guess that Fernandes is hoping for an instant promotion. However, some people have total faith that they can do this, some have a few fears and some cynical *******s like me look at the last 2 seasons since Fernandes took over and wonder what the **** is this plum's business plan. If you have faith in Fernandes then fair enough but i dont trust the ****.

I understand in what your saying,but there is always a reason the madness, there will be money coming in from other directions and there will be clauses in there contracts that do not allow them to run massive debts up and walk away with a big bank balance elsewhere. Do not be surprised if it was not a ploy to get the bank loan at a better rate of interest and give us the time frame we needed to build the new training ground and stadium. Look at this post the next time the club release there finances and I bet you will be very surprised. Do you think wealthy guys waste money,trust me iv seen it first hand,there is always a reason for doing things,these guys are very clever with investments

[vblockranger]

Do you not remember when TF took over the board agreed to fund transfers? And anyway, the money invested hasn't come from bank loans, it's come from the owners own pockets?

Do you really believe that the likes of TF and Amit along with the other shareholders don't know what they're doing, or have no credible business plan?

They've said all along that in the early years they understood that they will be taking a hit in their pockets while they build the club. They knew that they would have to invest a lot of money for a number of years before they saw growth.

You seem to think that it's all about quick fixes and instant success. It's not. The board is playing for the long term.

Sadly, too many fans like yourself cannot see the long term plans. That is the complete overhaul of the club's infrastructure, the growth of revenue streams, and the development of a long-term youth policy. The changes cannot be achieved overnight, nor can they be achieved in a few years. It takes time and patience which unfortunately, you seem to lack.

I wish you'd stop bad mouthing the chairman and let him try and do his job.

Ill stop bad mouthing him when he makes it apparent he has learnt his lesson from the past couple of seasons. So the estimated extra £50 million debt incurred since Fernandes took over and started throwing money at everything, debt that will be shown in the clubs financial end of year statements is Tony and the other backers money and is just written off? The club doesnt owe it to Fernandes instead of owing it to a bank? If he walked away he would just automatically let us off and agree to keep on paying the huge wages that him and Beard have oh so cleverly negotiated until the players contracts come to an end? Oh...well thats alright then i dunno why i was so worried....Nice one Tone, thanks a lot. I promise i wont tweet you anymore! Your not a patronising money wasting two bob carpet bagging **** really!

[QPR Richard]

@Vblock

Tell me something. Are you a qualified accountant? Are you a developer of successful businesses? Have you a track record at the highest levels of companies such as Virgin? Are you one of the world's richest men? If not, then kindly shut the f*ck up because the people who own our club have these attributes. What do you know about high finance and business development?

When you can line yourself up against our owners then you may have a legitimate point. Until then, give it a rest eh?

[vblockranger]

@Vblock

Tell me something. Are you a qualified accountant? Are you a developer of successful businesses? Have you a track record at the highest levels of companies such as Virgin? Are you one of the world's richest men? If not, then kindly shut the f*ck up because the people who own our club have these attributes. What do you know about high finance and business development?

When you can line yourself up against our owners then you may have a legitimate point. Until then, give it a rest eh?

Lol hold on ....Are you a professional footballer? then what right have you got to criticize any players in the squad! that argument doesnt really work does it Richard? I am just a fan of the club that has gone backward and had 2 humiliating seasons, the first 2 saeasons under Fernandes control coincidentally. Same as you i have an opinion, not the same opinion but still one that concerns me and if you dont like it....tough. I am in a minority in not trusting Uncle Tony but the dissent among fans is growing and people will really start to worry unless Fernandes shows he has learnt by his mistakes.

[Dazzer1977]

But the worry is mate that we as a football club can no longer pay our own way if these backers decide to walk away from their hobby. We have poor players contracted on massive wages that we havent a hope of sustaining without the numptys pumping millions into us. Due to huge mistakes and gross mis management we have spent millions and are spending millions on wages...and have got nowhere. In fact we have gone backward. Now we have to hope and pray that we can turn it all around befor FFP comes into force which is why i guess that Fernandes is hoping for an instant promotion. However, some people have total faith that they can do this, some have a few fears and some cynical *******s like me look at the last 2 seasons since Fernandes took over and wonder what the **** is this plum's business plan. If you have faith in Fernandes then fair enough but i dont trust the ****.

You talk like you know all the players contract details and what their salaries are. Listen to Neil Warnocks words regarding player acquisitions under him. We spent £3 million in fees on players. Yeah we do have some dross in the squad but they'll be shifted and its likely 4 or 5 will come in otherwise Harry wouldn't hang around.

You also talk about all the what if's and constantly have this vendetta against Tony and his other backers as if you want them out or to fail. Well, what if Tony is a man of his word? He's trying to build us from the floor up e.g training ground, academy, new stadium... Does that all sound like noise from a man who don't know what he's doing or someone who's trying to make a quick buck? He knows he fudged up with player acquisitions because he put his trust in so called football people who gave him terrible advice. He held his hands up, has taken it on the chin and said he won't get taken for a ride again and that it will make us stronger. I mean I wouldn't trust a man, sorry accountant who's turned a 25 cent business into a 3 billion dollar company. Clearly he hasn't got a clue how to run a business. It sounds like he's only interested in QPR so he can turn us into another O2 music venue.

Companies also report massive losses as a means of tax avoidance, that's not rocket science. Do you really think TF is the man he is or has got to where he is today because he knows nothing? You're more than entitled to your own views but its now starting to look like you're on a smear campaign against the board. Seems like your trying to impose your views on others and this is starting to get laughable now IMO.

[QPRWEBBIE]

Lol hold on ....Are you a professional footballer? then what right have you got to criticize any players in the squad! that argument doesnt really work does it Richard? I am just a fan of the club that has gone backward and had 2 humiliating seasons, the first 2 saeasons under Fernandes control coincidentally. Same as you i have an opinion, not the same opinion but still one that concerns me and if you dont like it....tough. I am in a minority in not trusting Uncle Tony but the dissent among fans is growing and people will really start to worry unless Fernandes shows he has learnt by his mistakes.

Did the finances show what money we were due at the end of the season from the PL....no, did it show the full accounts of all our sponsorships.....no,did it show revenue from overseas rights....no,it only showed what we had invested and yes on paper it des not look good but you may as well wipe your ar*e with it coz its false reading and as I said before,probably helped with getting the loan we requested.