QPR is pleased to announce it has reached an agreement with MATRADE to become the naming rights partner of Loftus Road Stadium. The three-year deal with the Malaysian agency - who QPR co-owner Ruben Gnanalingam also sits on the board of - will see the club’s stadium named MATRADE Loftus Road Stadium with immediate effect up to and including the 2025/26 season.
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IMG_0054.png Hopefully Ruben has found a sneaky way of pumping some cash into the club whilst avoiding FFP rules. He’s on their board!
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Originally posted by Undecided View PostI'd have thought it would be allowed as income under FFP. After all, it is regular contractual income.
Anyone know?
I really dont get this negative reaction, surely this is a good thing as it would mean we get some extra income.
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Originally posted by ConorQPR2000 View Post
It would be allowed I think as its under commerical income, so yes it would be ok as far as im aware.
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I think it also puts to bed any plans to move to another stadium. I think we have the KP Comminity Stadium in part to.influence the council in future planning. That hasnt worked so good to see we've gone down a comnercial route.
The money will go towards income for FFP. I know there was a stink at Man City when their sponsirships were deemed over and above true value, so there was an FFP investigation.
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Definitely a way to pump money in but not sure your allowed to do this from another company you own to then buy stadium naming rights to a stadium you own .. definitely dodgy and hope we don’t get looked into !!
however shows how skint we are to do this . Obviously money to get rid of Ainsworth and money left to buy in January if needed
absolute master stroke from Ruben and co
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As long as the price for the naming rigths is on market terms it does not matter if it is a related party. So this is good news and it qualifies as income from a FFP point of view.
I agree that it puts rumours of a takeover to bed. I never trusted these rumours in the first place but I find it likely that the owners are looking to invite new minority owners onboard.
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