Excuses, While Our Club Is Going Backwards!

[West London is Rss]

No-one here has a duty to tickle TF's substantial tummy. The numbers don't lie, and he is the primary cause of it. I wish for an owner that is realistic in his ambitions, spends within his means and secures the long term viability of the club. TF has done none of those things.

OK then mate, what do you want to happen? - You want TF to leave and us take a punt on finding another owner who might be different? You want to protest about it?
Please tell me... Because im dying to know if these fans stomping their feet about Fernandes actually want him out and what lengths they would go to?

[surrey_hoop]

OK then mate, what do you want to happen? - You want TF to leave and us take a punt on finding another owner who might be different? You want to protest about it?

That is exactly what I want.

[West London is Rss]

That is exactly what I want.

Massive MASSIVE risk and a crazy thought in my opinion... Amazing some fans like yourself are actually thinking and saying this. Massive implications on the clubs future could be on us within seconds, even more, if he leaves... you are technically saying that you would sacrifice having a football team to support to take a punt at finding another owner.

Crazy.

[MaineHoopsFan]

I've quite frankly got bored of Tony Fernandes and what he's trying to achieve with our football club. All I hear is "we've learnt" and constant nonsense posted on his Twitter and this morning that he's "put his chequebook away", so I thought I'd come up with some calculations since his time here regarding transfers.

Incoming signings with rough estimations on fees that I found across the Internet.

Barton (Free), Young (2.5m), Traore (1.2m), SWP (4m), A. Ferdinand (1m), Onuoha (2.75m), Cisse (4m), Zamora (4m), Diakite (3.5), Green (Free), Nelsen (Free) Park (2m), Hoilett (4m), Bosingwa (Free), Cesar (Free), Granero (3.5m), Mbia (5m), Ben Haim (Free), Remy (7m), Yun (1m), Samba (12m), Jenas (1.5m), Simpson (Free), Dunne (Free), Henry (1m), Austin (4m), O'Neil (Free), Phillips (5m), Chevanton (Free), Onyewu (Free), Benayoun (Free), Donaldson (150k), Hughes (Free), R. Ferdinand (Free), Caulker (8.5m), Mutch (5.5m), Fer (7m), Robinson (1m), McCarthy (2m), Sandro (6m) and Manning (?).

Outgoings with rough estimations on fees that I found across the Internet.

Gorkks (900k), Kenny (500k), Helguson (250k), Connolly (500k), Smith (350k), Samba (12.5m), Mackie (1.5m), Granero (4m), Simpson (2m), Remy (10.5m), Mutch (5.75m).

Totals (Rough)

In = 99 million
Out = 39 million

Loss = 60 million.

Obviously we have made a number of loan signings but that won't really hurt the above loss figure by much.

Now let's add in the income from TV and league position from our two Premier League seasons.

Income 2011/12 = 43,262,087.00
Income 2012/13 = 39,752,462.00

A parachute payment of 16,000,000.00 to help our Championship campaign also needs adding.

A rough total income of Total = 99,014,549.00 just from the above sources.

Add in a predicted TV Income for 2014/15 of 70-80 million.

Rough estimated total come May 2015 = 170-180 million.

170 million - 60 million loss on transfer fees = +110 million.

The big issue is the wages we pay, which is strictly down to the owners.

We also have some of the highest match day ticket prices in the country and you also have to take into account all other income revenue streams.

So, it turns out we haven't actually spent beyond our means on transfer fees. It's the complete mismanagement of contracts being handed out by our owners.

I thought these people were sensible businessmen?

Three and a half years on from the day they walked in, what's better? We're 180 million in debt, despite bringing in that amount in TV revenue alone. If you add in all other income streams it's actually unbelievable how we can rack up such an amount of debt in a short space of time.

The new training ground and stadium, three and a half years on, haven't even got planning permission and on the pitch, we're heading back to the Championship.

Seriously, what are these 'amazing' owners as the majority call them, doing? I'm struggling to see how these clowns could run a #### up in a brewery if I'm honest! I've never seen such bad business management, it's embarrassing and people who think everything is rosy, need to wake up quickly. All this talk of managers wasting all our money is laughable too. It looks like we're not going to spend a penny today, so effectively we've made a loss of 60 million over four seasons under this regime, which is in reality spending 15 million a season. It's the people behind the contracts that need shooting not the managers.

Have our managers got the best out of the signings? No, not by a long shot but that's a completely different argument. Spending 15 million a season, while spending three of those seasons in the Premier League is something yoyo clubs do and each time they become stronger and the club becomes more safe in terms of the future and is at a point where it can establish themselves in the top flight.

Will we be in a position to bounce straight back next season if we go down? Personally, I think we'll be lucky to stay up. Is our future safe? 180 million in debt, regardless of who it's owed too, doesn't suggest so. Do we look like establishing ourselves as a Premier League club? Far from it. The academy was one of the main priorities and Fernandes seemed ever so pleased with himself last week when doing his interview that we now have the right people in place. So it took three and a half years to get to that point?

So, what is the actual plan here because three and a half years on, all I see is a complete mess and excuses from people who have absolute no idea what's going on, from the staff to the owners.

Great post. Tony will be out once we go down. The closer we get to relegation, the more pissed he will be by the Twitter hammerings, and he will start doing what he did last time. If they want me out, ill leave. We are just another failed project for him. Catherham Park Rangers.

[FurtiveFox]

No-one here has a duty to tickle TF's substantial tummy. The numbers don't lie, and he is the primary cause of it. I wish for an owner that is realistic in his ambitions, spends within his means and secures the long term viability of the club. TF has done none of those things.

The figures don't lie but can be interpreted in different ways. This is a very long term project and due to the background, nature of the club and what is needed it is very front loaded in terms of investment which is partly responsible for the seemingly huge deficit.

Looking at it purely as an investment what the end result needs to be is a multi use facility, housing amongst other things a reasonably successful Premiership club and generating revenue from a variety of sources. They will not be expecting to see this for years. The problem as I see it is more our current expectations as fans. All very well talking about what 'might' happen in 10 years time we want things better on the pitch now. Maybe we need to grit our teeth and be more realistic. Perhaps the owners are the ones with realistic expectations.

I doubt we would find other owners with the patience and resources to do to our club what potentially these guys will if their plans come to fruition. Do we really want a return to Gianni or Tango and Cash type owners? Then we'd really have something to moan about.

[stanistheman]

The figures don't lie but can be interpreted in different ways. This is a very long term project and due to the background, nature of the club and what is needed it is very front loaded in terms of investment which is partly responsible for the seemingly huge deficit.

Looking at it purely as an investment what the end result needs to be is a multi use facility, housing amongst other things a reasonably successful Premiership club and generating revenue from a variety of sources. They will not be expecting to see this for years. The problem as I see it is more our current expectations as fans. All very well talking about what 'might' happen in 10 years time we want things better on the pitch now. Maybe we need to grit our teeth and be more realistic. Perhaps the owners are the ones with realistic expectations.

I doubt we would find other owners with the patience and resources to do to our club what potentially these guys will if their plans come to fruition. Do we really want a return to Gianni or Tango and Cash type owners? Then we'd really have something to moan about.

Yes, it is a well thought out original post from Matty, but I agree with you.

It is a long term project and imo these are the owners who will see it through.

It isn't going well, and I agree with the poster who thinks Mark Devlin should be brought back to the club (if he wants the post) or perhaps David Dein (if interested).

[Hubble]

Great post Matty, puts it all into perspective.

[3London]

some suspect maths going on there and with no consideration for any other out goings marketing , wages other than playing staff stadium and training ground expenses etc etc...

but i understand the sentiment...

[Bluehoop]

The figures don't lie but can be interpreted in different ways. This is a very long term project and due to the background, nature of the club and what is needed it is very front loaded in terms of investment which is partly responsible for the seemingly huge deficit.

Looking at it purely as an investment what the end result needs to be is a multi use facility, housing amongst other things a reasonably successful Premiership club and generating revenue from a variety of sources. They will not be expecting to see this for years. The problem as I see it is more our current expectations as fans. All very well talking about what 'might' happen in 10 years time we want things better on the pitch now. Maybe we need to grit our teeth and be more realistic. Perhaps the owners are the ones with realistic expectations.

I doubt we would find other owners with the patience and resources to do to our club what potentially these guys will if their plans come to fruition. Do we really want a return to Gianni or Tango and Cash type owners? Then we'd really have something to moan about.

Good points, well made

[qpr]

Truth be told I too have got board of Fernandes & feel we are in very big trouble if we go down .& then stay down

QPR have become a joke under Fernandes & frankly QPR used to be a family club a lot of people had a soft spot for

Now we spend stupid money on old has beens in a small stadium & QPR deserve their title as a joke. Me as a old loyal fan has to take the stick for the owners stupid moves.

I've had enough of the man

[Garyd73]

Your bored with trying to get a proper training ground, new stadium and buying better players than we have at the club ????

Why don't we ask to be demoted 4 divisions because ambition is boring.

[Olly]

It's NW's fault, he took us up too quick. Then Tony spent money we mostly all agreed on to keep us there. So I am not going to be two faced about it. They tried and it didn't quite come off, so what? If we had of stayed up the first time, we may have been more established now, with no #####ing and moaning as like now.

We never had much more expectation this season of being possibly just able to survive. All teams down the bottom have problems with points, managers, owners, players, fans etc. We could have been the other way round, all points on the road and none at home. I don't give a t**s about this record and that record. I don't care if we go down again either, Tony said he's staying and that's good enough for me.

[3London]

It is So shocking how quick everyone is to turn on their own ..i find it unbelievable.

[vblockranger]

Tony said he's staying and that's good enough for me.

Hopefully he's lying and the plum walks. Absolute failure as a football Chairman and full of ######## with his patronizing tweets to his fan club.

[Kirill]

It's NW's fault, he took us up too quick. Then Tony spent money we mostly all agreed on to keep us there. So I am not going to be two faced about it. They tried and it didn't quite come off, so what? If we had of stayed up the first time...

But we did survive the first season and could/should have become more established.