Keep or move on PLAYERS OUT OF CONTRACT SUMMER

[shaggy24]

How tall is Murphy Mahoney. Looked too short for me.

I thought he was too short looks 5ft 9 jumps 5ft 7

Didn't he get the gloves as Walsh was also injured?

Id flog whoever we get offers for we need a proper rebuild scout well GA should know who's who in L1/2 to go for

[QPROslo]

It is impossible to look at whom to keep and whom to let go without taking into account the FFP situation.

We lost ca £24m in 2021/22. Some costs are exempt from FFP calculation, and a fair estimate is that the loss from a FFP point of view was ca £19-20m. This means we have room for another ca £19-20 combined losses for this and next season if we want to stay inside the FFP boundary of £39m loss over any rolling three years period.

I suppose we cannot cut losses in half without selling players. I think we have to accept any decent offer for any of our players. Hence, even if we stay in the Championship, I think we will sell Chair, Field, Dykes, Willock, Dieng and Paal, just to avoid breaching the FFP.

We will not get that much for Dykes, Willock and Dieng as they just have one year left of their contracts. As contracts haven't been extended by now (beyond the one year option we have for Willock) I think the fee will be modest. Please recall Manning and BOS.

None of our players are good enough for PL, so the bids will come from the better Championship clubs, if any bids will be coming at all. However, I am not sure there will be much competition, given the financial challenges faced by many clubs, so I am afraid this will be a fire sale.

I do not think there will be money left for new player signing, so it will be freebies and loans.

[Undecided]

WDV?

[shaggy24]

It is impossible to look at whom to keep and whom to let go without taking into account the FFP situation.

We lost ca £24m in 2021/22. Some costs are exempt from FFP calculation, and a fair estimate is that the loss from a FFP point of view was ca £19-20m. This means we have room for another ca £19-20 combined losses for this and next season if we want to stay inside the FFP boundary of £39m loss over any rolling three years period.

I suppose we cannot cut losses in half without selling players. I think we have to accept any decent offer for any of our players. Hence, even if we stay in the Championship, I think we will sell Chair, Field, Dykes, Willock, Dieng and Paal, just to avoid breaching the FFP.

We will not get that much for Dykes, Willock and Dieng as they just have one year left of their contracts. As contracts haven't been extended by now (beyond the one year option we have for Willock) I think the fee will be modest. Please recall Manning and BOS.

None of our players are good enough for PL, so the bids will come from the better Championship clubs, if any bids will be coming at all. However, I am not sure there will be much competition, given the financial challenges faced by many clubs, so I am afraid this will be a fire sale.

I do not think there will be money left for new player signing, so it will be freebies and loans.

Given how poor the accounts are totally agree a fire sale will happen sadly it looks more of a L1 rebuild than ccc. If we're to ask youth to step up with free signings and the odd 250k-500k player plus some loans every bit of recruitment needs to done by the manager imo so they fit into his style of play GA wants fighters but for me this squad needs pace badly as well.

If the above were all sold we could need

2x left backs
2 or 3 wide players unless we get a youth come up
1 x cf if sinclair can get fit
keepers i i can only see walsh or murphy playing possibly a free or loan incoming Archer i think will go

Plus loans all off looking at 9-10 signings thats a big reset but needs doing but heres my gripe with ffp the 39m losses if your preston or should pboro go up a player on 3k in london gets an offer his 3k goes way further a week away from london and 2.5k-3k with our losses are where we need to get too

[Darkranger]

It is impossible to look at whom to keep and whom to let go without taking into account the FFP situation.

We lost ca £24m in 2021/22. Some costs are exempt from FFP calculation, and a fair estimate is that the loss from a FFP point of view was ca £19-20m. This means we have room for another ca £19-20 combined losses for this and next season if we want to stay inside the FFP boundary of £39m loss over any rolling three years period.

I suppose we cannot cut losses in half without selling players. I think we have to accept any decent offer for any of our players. Hence, even if we stay in the Championship, I think we will sell Chair, Field, Dykes, Willock, Dieng and Paal, just to avoid breaching the FFP.

We will not get that much for Dykes, Willock and Dieng as they just have one year left of their contracts. As contracts haven't been extended by now (beyond the one year option we have for Willock) I think the fee will be modest. Please recall Manning and BOS.

None of our players are good enough for PL, so the bids will come from the better Championship clubs, if any bids will be coming at all. However, I am not sure there will be much competition, given the financial challenges faced by many clubs, so I am afraid this will be a fire sale.

I do not think there will be money left for new player signing, so it will be freebies and loans.

Yes it's quite depressing reading, I thought we were moving in the right direction financially, but clearly not.
I can guarantee that there will still be posters on here slagging off the owners for not investing in new players though.

[Abseits]

I suspect most Championship clubs will be in a financial pickle next season - it won't be just us having a clearout or fire sale this summer. It's hard to say if this glut of players becoming available will have a deflationary or inflationary effect on transfer fees and wages, but I think there will be an opportunity for canny clubs to build a pretty decent squad on the cheap.

One thing I'm fuzzy on is Brexit though.... I presume it's not easy to get a work permit for an EU player so I'm not sure we (or anyone at our level) can raid the European market for bargains anymore. Again, I'm not sure if this works both ways and it's no longer easy for EU countries to employ British players? However, I would assume that Chair and Dieng, as full internationals, would be able to get work permits abroad and/or might hold EU passports anyway so this could help us get a better fee for them.

[SheepRanger]

It is impossible to look at whom to keep and whom to let go without taking into account the FFP situation.

We lost ca £24m in 2021/22. Some costs are exempt from FFP calculation, and a fair estimate is that the loss from a FFP point of view was ca £19-20m. This means we have room for another ca £19-20 combined losses for this and next season if we want to stay inside the FFP boundary of £39m loss over any rolling three years period.

I suppose we cannot cut losses in half without selling players. I think we have to accept any decent offer for any of our players. Hence, even if we stay in the Championship, I think we will sell Chair, Field, Dykes, Willock, Dieng and Paal, just to avoid breaching the FFP.

We will not get that much for Dykes, Willock and Dieng as they just have one year left of their contracts. As contracts haven't been extended by now (beyond the one year option we have for Willock) I think the fee will be modest. Please recall Manning and BOS.

None of our players are good enough for PL, so the bids will come from the better Championship clubs, if any bids will be coming at all. However, I am not sure there will be much competition, given the financial challenges faced by many clubs, so I am afraid this will be a fire sale.

I do not think there will be money left for new player signing, so it will be freebies and loans.

That Warburton gamble really is going to bite us on the Rs to the end of next season. I agree that any plsyer of vslue will go if there are offers. I think we've got a sizeable EFL Covid loan to pay back too. I have no idea what the repayment terms are?

What would we do if a £5m offer came in for Armstrong thst may increase to £10m with add ons? He'd be gone in my opinion.

[QPROslo]

What would we do if a £5m offer came in for Armstrong thst may increase to £10m with add ons? He'd be gone in my opinion.

If a £2m bid for Armstrong suddenly surfaced, without any add ons, he would be gone immediately. He has zero goals in around 20 mostly substitute appearances, so I do not think we would get as much as £2m for him in today's market.

[MINCER]

It is impossible to look at whom to keep and whom to let go without taking into account the FFP situation.

We lost ca £24m in 2021/22. Some costs are exempt from FFP calculation, and a fair estimate is that the loss from a FFP point of view was ca £19-20m. This means we have room for another ca £19-20 combined losses for this and next season if we want to stay inside the FFP boundary of £39m loss over any rolling three years period.

I suppose we cannot cut losses in half without selling players. I think we have to accept any decent offer for any of our players. Hence, even if we stay in the Championship, I think we will sell Chair, Field, Dykes, Willock, Dieng and Paal, just to avoid breaching the FFP.

We will not get that much for Dykes, Willock and Dieng as they just have one year left of their contracts. As contracts haven't been extended by now (beyond the one year option we have for Willock) I think the fee will be modest. Please recall Manning and BOS.

None of our players are good enough for PL, so the bids will come from the better Championship clubs, if any bids will be coming at all. However, I am not sure there will be much competition, given the financial challenges faced by many clubs, so I am afraid this will be a fire sale.

I do not think there will be money left for new player signing, so it will be freebies and loans.

Within that loss of 24m were costs of 8m for new training ground which are not covered under FFP as far as I’m aware.

[QPROslo]

[QUOTE=Springboks2002;n2589542]
Sell Dykes, Johansen, Dozzell wouldnt expect more than 5 million for the 3 of them so with Willock moving on and these 3 also 8 million kitty
keep martin


I am afraid we cannot sell Johansen, as he isn't worth anything. I believe he is on a high salary (10k a week?). If we want to get rid of him we need to do the same deal as for Thomas and Bonne: Pay up most of his remaining salaries to reach a mutual exit agreement.

Johansen is 32 years of age. I think he wants to see out his contract with us and then return to Norway, to end his playing career with a low to mid table Norwegian club like Tromsø, Aalesund or Haugesund, before going into coaching.

I think it would take us minimum £350.000 to agree an exit for Johansen, if he is indeed earning 10k per week (£500.000 in a year). If Johansen would earn £150.000 playing for a Norwegian club he will end up equally well paid as if he stayed one more season with us. I think it is unlikely any Norwegian club will pay him any more than that, and I think the same would apply for a UK club, as he isn't any longer Championship material.

I think it would make sense to buy him out of the contract for such an amount if it meant we have another £150.000 to spend on a promising new signing.

[QPROslo]

Within that loss of 24m were costs of 8m for new training ground which are not covered under FFP as far as I’m aware.

I would think the investment in a new training group is capitalised and depreciated over time. Hence, only the depreciation hits the P&L. I think this depreciation is exempt from the FFP calculation, and therefore not included in my estimate of a FFP loss of £19-20m.

[MINCER]

I would think the investment in a new training group is capitalised and depreciated over time. Hence, only the depreciation hits the P&L. I think this depreciation is exempt from the FFP calculation, and therefore not included in my estimate of a FFP loss of £19-20m.

I will not pretend to fully understand your answer QPROslo.

If depreciation of the new training ground is covered under FFP then it will be 5+ years down the line and not next season.

[Harrow QPR]

It all depends on what league we are in.
If we stay in the Championship , i would'nt be bothered if they got rid of the lot of them.
If we go down , i would keep Dunne , Paal , Field , Willock , Chair , Dykes , if any teams wanted to buy any of them , sell them .
We need a fresh start from top to bottom at this club , the most important thing is get rid of Ferdinand and overhaul our youth set up or get rid of it completely , its' not working at the moment .
Also we need to sort our scouting network out .

[QPROslo]

I will not pretend to fully understand your answer QPROslo.

If depreciation of the new training ground is covered under FFP then it will be 5+ years down the line and not next season.

I will try to explain - I apologise if it I do not fully understand your question:

If QPR spend £8m on lets say director salaries, these are taken as costs in the accounts the year they are spent, and will weaken the financial result with an amount equal to the costs. However, if the club invest in a stadium, a building or a training ground, meant to last for many years, this is not immediately seen as costs in the accounts, but as an investments. The cost of an investment is spread over time, mirroring the use of the investment. If an investment has an expected life period of 10 years before it needs to be completely upgraded again, the depreciation is spread over 10 years. This means that 10% of the initial investment is booked as costs in the accounts every year for a duration of 10 years. In the case of a £8m investment in new training facilities, this will be £0.8m a year if the depreciation period is 10 year. Hence, in the loss of ca £24m, the depreciation of the new training ground for the first year is probably included. New depreciation costs will appear on the initial investment in the accounts every year until the value in the books are down to zero.

As land does not normally decrease in value (rather the opposite), the depreciation of the land might be set to zero, so it is just costs for development (dressing room, offices, new turf etc) that is subject to depreciation. Hence, the depreciation from the investment in the training ground might actually be much less than £0.8m.

Whatever the depreciation of the training ground was in the 2021/22 accounts, can be deducted from the official P&L when computing the FFP loss. The main point though is that this wasn't £8m, but just a fraction of it.

[SheepRanger]

I will try to explain - I apologise if it I do not fully understand your question:

If QPR spend £8m on lets say director salaries, these are taken as costs in the accounts the year they are spent, and will weaken the financial result with an amount equal to the costs. However, if the club invest in a stadium, a building or a training ground, meant to last for many years, this is not immediately seen as costs in the accounts, but as an investments. The cost of an investment is spread over time, mirroring the use of the investment. If an investment has an expected life period of 10 years before it needs to be completely upgraded again, the depreciation is spread over 10 years. This means that 10% of the initial investment is booked as costs in the accounts every year for a duration of 10 years. In the case of a £8m investment in new training facilities, this will be £0.8m a year if the depreciation period is 10 year. Hence, in the loss of ca £24m, the depreciation of the new training ground for the first year is probably included. New depreciation costs will appear on the initial investment in the accounts every year until the value in the books are down to zero.

As land does not normally decrease in value (rather the opposite), the depreciation of the land might be set to zero, so it is just costs for development (dressing room, offices, new turf etc) that is subject to depreciation. Hence, the depreciation from the investment in the training ground might actually be much less than £0.8m.

Whatever the depreciation of the training ground was in the 2021/22 accounts, can be deducted from the official P&L when computing the FFP loss. The main point though is that this wasn't £8m, but just a fraction of it.

Are you sure accountancy standards and FFP calculations are aligned? I thought the immediate cost would be deducted in FFP calc not the depreciation?