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We are now £25m in debt

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  • #16
    Originally posted by qblockpete View Post
    What was the debt when the new owners took over?
    Annual loss of £19 million is the figure we should be concentrating on, without seeing the full accounts we can't explain what has been paid off.

    My inclination is the ABC Loan is not part of this £25 million figure.

    Take out stadium improvements etc (£ 5million??) and 2008 transfer budget (£6 million??) and what are we left with???

    Wouldn't be so smug just yet, not until we have the full details.

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    • #17
      Originally posted by W12_Ranger View Post
      Annual loss of £19 million is the figure we should be concentrating on, without seeing the full accounts we can't explain what has been paid off.

      My inclination is the ABC Loan is not part of this £25 million figure.

      Take out stadium improvements (£ 5million??) etc and 2008 transfer budget (£6 million??) and what are we left with???

      Wouldn't be so smug just yet, not until we have the full details.
      Check me other post W12

      I;ve posted all the accounts for people to have a gander at
      Running the London Marathon for the Down's Syndrome Association....


      Visit my charity page here

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      • #18
        reading trhough them now/

        Need to be a proper accountant to understand all the figures. Not sure the loss is 25 million, but substantial enough
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        • #19
          That Amit article posted the other day talked about the clubs debt.

          His answers for anyone that didnt read it will give you some answers about the way in which the club is being handled. He gives very reashoring answers!

          In his hands i feel we are ok.
          Cant believe it, ive been PWOPER MUGGED ORF...

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          • #20
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            • #21
              was there any mention of a £140k loan being paid back at all??????
              From the Hills of Kerry
              To the streets of Free Derry

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              • #22
                Originally posted by The Merry Ploughboy View Post
                was there any mention of a £140k loan being paid back at all??????
                It's now been gift aided

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                • #23
                  Originally posted by The Merry Ploughboy View Post
                  was there any mention of a £140k loan being paid back at all??????
                  He'll never pay that back. He's a shyster.

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                  • #24
                    not sure.

                    Sure if GP had left he would have got more, others that left certainly did in the past.

                    Does say we owe 2 million to Calliendo to which that has to be paid by 2011, for example
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                    • #25
                      The debt seems to be is tied up in loans?

                      it does mention the 140k by the way
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                      • #26
                        Originally posted by qblockpete View Post
                        not sure.

                        Sure if GP had left he would have got more, others that left certainly did in the past.

                        Does say we owe 2 million to Calliendo to which that has to be paid by 2011, for example
                        Does anyone know why the Calliendo money is still outstanding?
                        I blew a lot on vodka and tonic, gambling and fags. Looking back, I think I overdid it on the tonic. - The one and only Stanley Bowles

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                        • #27
                          - - QPR REPORT Available on TWITTER! - For QPR news and perspectives also visit the growing QPR Report Messageboard Dave McIntyre Twitter "...

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                          • #28
                            £185,000 owed to HM revenue from 2008 on player benefits and

                            Ian Holloway image rights
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                            • #29
                              Originally posted by qblockpete View Post
                              £185,000 owed to HM revenue from 2008 on player benefits and

                              Ian Holloway image rights
                              £3.60p owed for Dowies

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                              • #30
                                Originally posted by qblockpete View Post
                                The debt seems to be is tied up in loans?
                                Tax efficient this way as loan interest is tax deductable.

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