Accounts to 31 May 2024

[SheepRanger]

The summary points are:

- Turnover £25.9m up from £23.3m
- Gate receipts £6.9m up from £5.7m
- Loss after player trading £13m down from £21.1m
- Bank reserves of £2.2m
- Debt £64.8m up from £56.8m

Full accounts on the Company's House website

[SheepRanger]

Based on last season we're losing £250,000 a week and should be very grateful for the financial backing of our owners. Long may it continue and hopefully we'll have a visit to the prem one day to give us an earned financial boost.

[Acton Stations]

hopefully we'll have a visit to the prem one day to give us an earned financial boost.

This visit to the Prem is relatively cheap:

https://www.musement.com/uk/liverpool/liverpool-football-club-museum-and-stadium-tour-215275/

[Abseits]

Based on last season we're losing £250,000 a week and should be very grateful for the financial backing of our owners. Long may it continue and hopefully we'll have a visit to the prem one day to give us an earned financial boost.

We should be naming stands, streets, the entire locale after Ruben really... let's hope his other interests are keeping him in clover cos we certainly aint!

Below is my attempt to tabulate 9 seasons of drabness (apologies if it appears as hieroglyphics)!

2016	12th	60pts	Haisselbaink
2017	18th	53pts	Holloway
2018	16th	56pts	Holloway
2019	19th	51pts	McClaren
2020	13th	58pts	Warburton
2021	9th	68pts	Warburton
2022	11th	66pts	Warburton
2023	20th	50pts	Ainsworth
2024	18th	56pts	Cifuentes

Obviously we had mid-season managerial changes a few times. Above names are those who had biggest input into the season but it's not about them, it's more about illustrating we're approaching a whole decade of Championship nothingness. Quite an achievement given most teams manage to get out of the division (either up or down) within that timeframe.

Anyway, keep at it Ruben - our day will come!

[Darkranger]

The summary points are:

- Turnover £25.9m up from £23.3m
- Gate receipts £6.9m up from £5.7m
- Loss after player trading £13m down from £21.1m
- Bank reserves of £2.2m
- Debt £64.8m up from £56.8m

Full accounts on the Company's House website

It still makes pretty solemn reading. I know this puts us in a far better place from a rolling ffp standpoint, but it's not exactly good news on the financial front.

[SheepRanger]

It still makes pretty solemn reading. I know this puts us in a far better place from a rolling ffp standpoint, but it's not exactly good news on the financial front.

Yeah, owners need very deep pockets to fund £250k a week in losses. Without Ruben we'd he heading for L1.

As Abs has pointed out in his posted, all that investment hasn't reaped any sustainable success.

I think when we got in trouble with FFP the owners wrote off £180m of loans I think? And there have been more loans that we converted into shares too....maybe another £30-50m, I can't remember. And now we're in debt for another £65m. These guys must have pumped in £300m for a team struggling to get into the play offs. Ruben must have money beyond my understanding.

I just hope we can get into the prem, if only for one season, so they can take £100m back to stay committed to us.

[topperharley]

We should be naming stands, streets, the entire locale after Ruben really... let's hope his other interests are keeping him in clover cos we certainly aint!

Below is my attempt to tabulate 9 seasons of drabness (apologies if it appears as hieroglyphics)!

2016	12th	60pts	Haisselbaink
2017	18th	53pts	Holloway
2018	16th	56pts	Holloway
2019	19th	51pts	McClaren
2020	13th	58pts	Warburton
2021	9th	68pts	Warburton
2022	11th	66pts	Warburton
2023	20th	50pts	Ainsworth
2024	18th	56pts	Cifuentes

Obviously we had mid-season managerial changes a few times. Above names are those who had biggest input into the season but it's not about them, it's more about illustrating we're approaching a whole decade of Championship nothingness. Quite an achievement given most teams manage to get out of the division (either up or down) within that timeframe.

Anyway, keep at it Ruben - our day will come!

Wow that is some mediocre reading.

Thanks to the owners for sticking with it, and for learning from mistakes that, at least play a part in those mediocre finishes which must be a factor here, they (at least Tony) dug the FFP hole.

They've really tried to make us sustainable and in Nourry it looks like they've found a really positive way forward. If we can hang onto what's being created by him, Marti and the 'idea' of this squad no reason we can't be fighting for the high single digit spots for a couple years in sustainable manner.

[FurtiveFox]

I suspect there are a number of clubs in this division in similar situations. Football has become all about the money and aside from the bigger clubs that means managing debt for many. As others have said we have been lucky the owners have stuck with it and written so much off.

We seem to be doing well in context and some good work has been done in managing said debt. To be financially competitive in this division we basically need to produce a lot more revenue with main things being player sales (actually make some money from that!) and long term a bigger ground if that ever happens.

[SheepRanger]

I suspect there are a number of clubs in this division in similar situations. Football has become all about the money and aside from the bigger clubs that means managing debt for many. As others have said we have been lucky the owners have stuck with it and written so much off.

We seem to be doing well in context and some good work has been done in managing said debt. To be financially competitive in this division we basically need to produce a lot more revenue with main things being player sales (actually make some money from that!) and long term a bigger ground if that ever happens.

I agree on player sales and hopefully our recent recruitment will be lucrative in years to come. But in the short term, if the figures below are to be believed, we had a net spend of £3m in the summer. Unfortunately, the two big money signings of Madsen and Celar have been the pits.

https://www.transfermarkt.co.uk/queens-park-rangers/transfers/verein/1039

[SheepRanger]

Following my post above mentioned the poor return from Madsen & Celar from a €6m spend.

When was the last time we bought a player for £2m and above and it's been a success? Our ability to waste money on transfer fees seems unlimited. We seem to do better with free transfers?

Anyone remember a decent money signings?

[Darkranger]

Following my post above mentioned the poor return from Madsen & Celar from a €6m spend.

When was the last time we bought a player for £2m and above and it's been a success? Our ability to waste money on transfer fees seems unlimited. We seem to do better with free transfers?

Anyone remember a decent money signings?

Nope, apart from Charlie Austin, I cannot think of a single signing above £2million that could be described as a success.

If Madsen did indeed cost £4million then it would appear we still haven't learned from our past mistakes.

Our freebies and cheapies have been way more successful than any big money purchase.

[Sleeping Giants]

Nope, apart from Charlie Austin, I cannot think of a single signing above £2million that could be described as a success.

If Madsen did indeed cost £4million then it would appear we still haven't learned from our past mistakes.

Our freebies and cheapies have been way more successful than any big money purchase.

When you think back and this is from memory so please excuse any inaccuracies but players like Les Ferdinand (£6K ish), Trevor Sinclair (£600K ish), Akos Buzacky (£500K ish) were all bargains in terms of relative money/time. Chris Samba and even Jose Bosinga on a free transfer (didn't he demand £8 Million to leave his circa £65K a week salary?) were horendous higher profile signings. We do better when picking up the up and coming players.