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Looks like QPR FC made a profit of £400,000 in 2009, whilst QPR holdings lost £18,800,000 in the same period, which is pretty massive. How could we have spent so much?
Looks like QPR FC made a profit of £400,000 in 2009, whilst QPR holdings lost £18,800,000 in the same period, which is pretty massive. How could we have spent so much?
So, looks like we're an additional £5million in debt?
Or did i read them wrong?
Thats the way it reads on the balance sheet to me
What we need to concentrate on here is the fact that made a loss of nearly £19 million for that period with our liabilites exceeding total assets by £6 million.
So yeah we are £5-6 millon up on debt but we made a massive loss last financial year and spent sod all on players.
2008 transfers £6.9 million
2009 transfers £3.4 million - Maybe I have read this wrong but who did we spend this on in the last period?
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