If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Unconfigured Ad Widget
Collapse
Announcement
Collapse
No announcement yet.
Would you take X for this player and Y for that player
I thought the club said that money will be invested, well most of it anyway.
We need to have time to look at replacements, selling Austin on the last day is no good and means panic buying. The club should tell Charlie and everyone else if he's not sold by the 25th, the fee goes up to 20m or he stays.
I do understand your point, but the fact is most clubs run at a loss. Very few actually making profit year on year. Not that i want to jinx things, but cant see us ever getting back in the mess we were in. Even without TF we have some of the most wealthiest backers in world football.
TF just wrote off £60 mil in one hit. Just cant ever see us being in real financial trouble again like that. If we get hit with a big Financial fair play fine, we will just pay it.
Dont think we should sell these players for the money, more that if they dont want to be here, we are not going to get the best out of them, so may aswell take the money and reinvest.
it's true that many clubs run at a loss, but the scale of how much money we were losing is/was astonishing... we were receiving enormous amounts of income from the premier league and still managing to make absolutely massive losses. and we do have the mittals, although according to the most recent set of accounts, they don't seem to be the ones who are pumping in most of the money (or writing off much of their part of the debt)... it's unclear how committed they really are these days.
it's still not that clear how much of the financial mess remains but i'd guess quite a bit of it does (if you recall, after our last relegation, there were plenty on here claiming that the wage bill had been reduced by £2m a month, the actual figure turned out to be less than 10% of that amount). my guess would be that we're still losing a fair bit of money each month and will continue to do until we shift the likes of sandro, fer, onuha, hoilett, green and philips who probably still pocket about half the parachute payment between them (yes, even after relegation clauses etc).
even after the write-off, debt remains high and whilst most of it is owed to (apparently) rich people, we should always remember that rich people don't usually become rich by wasting their money (and not knowing when to quit) and that tf and reuben are rich from the airline business, which has seen some spectacular and sudden bankruptcies in the past. i don't think tf would deliberately stitch us up, but if he had no other sensible choice, he'll choose his airline over us all day long. qpr as a club is now a fairly toxic brand, so there'll be no queue of billionaires outside of loftus road, if fernandes and co need to sell up in a hurry. the club is safe at the moment, but if things change unexpectedly... we could all be in a very precarious position.
we need to be realistic, sort things out, stop making outrageous financial losses, run ourselves as a business, repair our reputation. it's going to be hard, it's going to take a long time... we need to get used to that.
Comment