QPR accounts for 2012/13 season

[Izual_Rebirth]

It seems the opinion in here is the same as that I saw from Portsmouth fans way back when and Bolton fans recently. "It's ok the owners won't call in the debt" It's all very well to say that but how many years of 60m+ losses are they going to be able to support?

Why are people burying their head in the sands over this?

If our outgoings are more than double our income then we're on track for administration. £177 at the moment... £240+ next year... £300+ the year after that... when will it stop? Face it... we're f***ed.

Might as well go into administration now and get it over with rather than suffer the sort of slow painful death Portsmouth went through. If we don't get promoted it's all over. And I say this as a life long fan.

[MattyRangers]

Really hope TF is reading this forum, such multi million pound business advice is hard to come by but we seem to have it in abundance here.

[Kirill]

Really hope TF is reading this forum, such multi million pound business advice is hard to come by but we seem to have it in abundance here.

Too late now, should have done his reading a couple of years ago.

[West London is Rss]

Not sure many have given advice... its more a case of why did he go down this route

[Stanley]

Is there not an accountant in our midst who can explain if it is as bad as im reading it?

Read the Klonk posts above yours.

[Norths]

Really hope TF is reading this forum, such multi million pound business advice is hard to come by but we seem to have it in abundance here.

Silly comment mate.

Doesn't take a genius/expert to see where the club has gone wrong and you cant fault those that just want the best for their club.

We are bang in trouble if this continues.

[dsqpr]

One number that really jumped out at me was £11.696M for ADMINISTRATIVE EXPENSES?! (P7). That is almost 50% more than our entire gate revenue!

Does anybody know how that number can be so big? I guess it includes agents' fees but even so I'd like more details on where that money went.

[Stanley]

WTF - you must be joking?

No, he's not.

[Kirill]

One number that really jumped out at me was £11.696M for ADMINISTRATIVE EXPENSES?! (P7). That is almost 50% more than our entire gate revenue!

Does anybody know how that number can be so big?

They don't know how to cut down on flowers like Flabio did.

[MattyRangers]

Silly comment mate.

Doesn't take a genius/expert to see where the club has gone wrong and you cant fault those that just want the best for their club.

We are bang in trouble if this continues.

Course it's not good reading but why are people acting so surprised? We've known for years we were expending huge sums more than the club brings in - even my simple mind can tell you that results in accumulating debt. My point is that I'm not sitting here saying all is fine n dandy, I don't know the first thing about what's going on behind the scenes, financially, at our club. And nor does anybody else on here so I just it cringe worthy reading some of the dramatic responses.

[Mellowhoop]

I cant eat i am so worried

[ollyhoops]

I'm still surprised they are still considering building a new stadium and completing the new training ground to be honest.

I'd rather go into administration now and form a new holdings ltd to start again fresh.

[Ginger Ninja]

Course it's not good reading but why are people acting so surprised? We've known for years we were expending huge sums more than the club brings in - even my simple mind can tell you that results in accumulating debt. My point is that I'm not sitting here saying all is fine n dandy, I don't know the first thing about what's going on behind the scenes, financially, at our club. And nor does anybody else on here so I just it cringe worthy reading some of the dramatic responses.

Nail on head Matty

[twranger]

I cant eat i am so worried

v good, hope you're joking and being sarky!

[Mem]

Can't wait for Harry's press conference tomorrow who I'm sure will be asked about this and what he knows

Here's my guess at his response

' I just deal with football matters, I know nothing........'
' since I've been here with shipped out 18 players who were earning a fortune ....'
' I've replaced these players with mainly free transfers .....'
' if someone had said at the start of the season we'd be 4th now I would have said they are mad ....'
'The chairmans a good man - I'm sure things are under control financially ....'
' Birmingham are a huge club with a fantastic young manager ....'


What have I missed?