| QPR financial train crash explained with clarity on 08:57 - May 26 with 7635 views | essextaxiboy |
And that is why Chris Ramsey is the Manager .
Cheap , will bring through the youth and prepared to accept the job before the ruling comes out . We can whinge all we like about the mistakes that got us here ..or we can get behind him . Its a no brainer IMO |  | |  |
| QPR financial train crash explained with clarity on 08:58 - May 26 with 7622 views | SpiritofGregory |
| QPR financial train crash explained with clarity on 08:57 - May 26 by essextaxiboy |
And that is why Chris Ramsey is the Manager .
Cheap , will bring through the youth and prepared to accept the job before the ruling comes out . We can whinge all we like about the mistakes that got us here ..or we can get behind him . Its a no brainer IMO |
He is not the manager he is the head coach. Ferdinand will be choosing the players. |  | | |
| QPR financial train crash explained with clarity on 09:13 - May 26 with 7560 views | essextaxiboy |
| QPR financial train crash explained with clarity on 08:58 - May 26 by SpiritofGregory |
He is not the manager he is the head coach. Ferdinand will be choosing the players. |
FFS the head coach then . The bloke you have been slagging off in the same negative way that you do almost everything at the club that you pretend to support . Now log off and then on again in your other persona to Rangersareback yourself up .. | | | |
| QPR financial train crash explained with clarity on 10:50 - May 26 with 7427 views | superhoopdownunder |
Great article which backs up with financial facts how poorly we have been managed.
Fair point about Ferdinand - it will be his players that Ramsey will need to get results from.
If it goes tits up then I expect both Ferdinand and Ramsey should leave. |  | | |
| QPR financial train crash explained with clarity on 11:31 - May 26 with 7362 views | fakekerby |
Wow, what a horror show. Fascinating read, I just wish it wasn't about us! | | | |
| QPR financial train crash explained with clarity on 12:50 - May 26 with 7225 views | W5R |
And yet still sing Fernandes name.
Like idiots [Post edited 26 May 2015 12:51]
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| QPR financial train crash explained with clarity on 12:56 - May 26 with 7206 views | daveB |
| QPR financial train crash explained with clarity on 08:58 - May 26 by SpiritofGregory |
He is not the manager he is the head coach. Ferdinand will be choosing the players. |
Ferdinand has said a few times the way he wants it to work is the coach comes to him and says a need a right back, we then already have several right backs scouted so he is given a list of possible targets, the coach then either goes along with that or suggests someone else but it will be done with them working together with a scouting team rather than one man makes all the calls as we have with managers. |  | | |
| QPR financial train crash explained with clarity on 13:00 - May 26 with 7173 views | simmo |
Excellent (as always) from Swiss Ramble.
The club is an absolute shambles. Every single way of doing things has to change, with that will come inevitably poor results and a lack of spending, but that's what needs to happen and fans need to understand the big picture enough to tolerate it. |  |
| ask Beavis I get nothing Butthead |
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| QPR financial train crash explained with clarity on 13:35 - May 26 with 7106 views | Harbour |
good article lays out in detail the way money has been spent like confetti. also claims we paid Hughes £4.5M when he was sacked.....talk about rubbing salt in the wound....I think we need to accept quite a few years will be needed to rebuild and get the club back on a stable footing which means staying in championship or worse going down to league 1. there is no way we can continue to spend like we have been if we do the club will fold IMO. | | | |
| QPR financial train crash explained with clarity on 14:20 - May 26 with 7033 views | QPR_Jim |
"On the same theme, QPR’s reported £25 million loss in the previous promotion season in 2011/12 was also the highest in the Championship. In other words, in three of the four seasons under Tony Fernandes QPR have produced the highest losses in their division."
I thought we were promoted 2010/11.
Apart from that it's hard to argue with what he's said, I hope we take the opportunity to cut our wage bill this summer and start again. |  | | |
| QPR financial train crash explained with clarity on 15:58 - May 26 with 6919 views | themodfather |
under TF spending £200m +++++
unreal???
players have been paid too much, for too little
one wonders why we paid managers top fees?
how much were the people like beard costing?
fans didn't benefit, those in SAR are still mad the members bar was closed and made corporate....sod the loyal fans cater to the few!
the "carry on" at qpr just roller coasts on | | | |
| QPR financial train crash explained with clarity on 16:28 - May 26 with 6859 views | fakekerby |
It's hard to see how the club can ever build its own stadium or training complex with a quarter of a billion of debt, when clearly even in the Premiership we're not very commercially attractive.
Without wealthy backing, it would be impossible to get out of this mess. Even getting rid of the likes of Barton, SWP, etc, will only get us so far towards balancing the books.
What are the aims of the club financially? To pay back debt? To break even in a financial year?
Scary. | | | |
| QPR financial train crash explained with clarity on 16:56 - May 26 with 6803 views | parker64 |
Not to do with the financial situation, more how the club has been run. I was talking to a chap who sits near me in ER a few weeks back. He has trouble walking and finds the stairs in the ER difficult. Said he has to lean on the shoulder of whoever is walking up in front of him. Said he found it a bit embarrassing. On asking him why he was sitting there he replied that he used to sit in the Lower Loft as it was good for his mobility but got kicked out due to the family restrictions and this was all they could find him. He's been going to the Rs since the 1950s! What an outfit. | | | |
| QPR financial train crash explained with clarity on 18:23 - May 26 with 6704 views | TGRRRSSS |
Seems we simply get worse and worse every year now, very sad to hear that story of the elderley gentleman especially.
WTF is wrong with our club?? |  | | |
| QPR financial train crash explained with clarity on 18:32 - May 26 with 6681 views | paulparker |
Wow , we really are a mess & yet Teflon Tony can still do no wrong with the fans
Still at least his learning by his mistakes , eh |  |
| And Bowles is onside, Swinburne has come rushing out of his goal , what can Bowles do here , onto the left foot no, on to the right foot
That’s there that’s two, and that’s Bowles
Brian Moore
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| QPR financial train crash explained with clarity on 01:07 - May 27 with 6477 views | ozranger |
Fascinating article. The follow up item should be even more interesting, though, unfortunately, I rather doubt it will come. That is, knowing the problems, what are the strategies to create a club/company that will be financially secure within the environment that it wants to compete in and how should these be implemented. There are two separate parts - generate a viable income source and reduce debt as best as possible. Neither is easy and neither can be done immediately.
Further, there is a requirement to view this in two pods. The first relates to how the club can survive within the landscape of the non-PL. That is, taking into account the lower revenue and the restrictions imposed by the FA through its FFP, etc. The second is the need to have a secure and proper plan to transition to the PL, when and if that time comes. The economics of participating in the PL as opposed to the lower leagues is totally different and it appears that the transposition of such was attempted incorrectly by TF and the club to their own detriment.
For example, gate receipts vary significantly between the Championship and the PL. One table shows QPR 9th in the Championship in attendance figures, which on average should also show them to be in the top 10 in gate revenue. However, QPR are also dead last in the EPL in attendance and thus most likely similarly in gate receipts. While the figures for this revenue are small, a near doubling of such would assist in the long term. Thus, the need to develop, as soon as possible, a new larger ground where more income can be generated, is very important. A small note here as well is the lack of "box" style accommodation currently at the games which can be large money spinners. All old grounds suffer this problem.
However, gate receipts alone cannot create the income required to keep a club like QPR above water, even with a diminishing wage bill. Investments, strategic alliances and appropriate sponsorships are increasingly crucial in developing a club that can take that next step up. It was quite evident that this strategy was only theoretical during either of the previous two promotions, though TF's attempt to use Korean players for publicity and the tour to SE Asia were advances in creating a positive long term strategy. Unfortunately, either through the performances on the field or the follow-up strategies, they did not work. Thus, for the club to survive into the future, appropriate transition strategies have to be in place well prior to any move out of the Championship in an upwards direction.
One other income generating measure that needs to be considered is that of a "farm" club. That is, as have been mooted both by management and here, to buy young players from the lower clubs and then to sell them on to the bigger clubs at a healthy profit. From the income and appropriate proper investment strategies, the club can proceed to return to a more desirable financial position and thus to be able to commence its return to the PL. I think Southampton can be included as an example, as perhaps Bournemouth.
We do realise that the wage bill will depreciate significantly with the selling off of the expensive players and the releasing of others and thus the coming season should, hopefully, see a much smaller expense in this department. The requirement now is to combine that with sensible purchases without large overheads. To say that we are in a better position this relegation than previously is strangely true as before we still had all of these players, with high wage bills, on our books upon the demotion. It is a sort of "start all over again" situation that hopefully can put the club in better stead.
TF says that there is promise for the position of the club. We can only hope that this is true. However, how long it takes to procure that position is anyone's guess but it certainly will not be within the next season. |  | | |
| QPR financial train crash explained with clarity on 09:30 - May 27 with 6345 views | londonscottish |
QPR actually made a loss selling players.....a little nugget there.... |  |
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| QPR financial train crash explained with clarity on 15:24 - May 27 with 6272 views | NathanNI |
So this is where you've all been...
Just posted this above (like a div).
I have long thought Fernandes is a childish clown who lets his emotions and need for acceptance / love / praise run riot through our club over the last few seasons.
Just wondering, can anyone suggest an alternative should he step down? |  | | |
| QPR financial train crash explained with clarity on 18:13 - May 27 with 6205 views | TGRRRSSS |
BTW the previous promotion was not under Fenandes, that was Tango, Cash and Mittal then | | | |
| QPR financial train crash explained with clarity on 23:04 - May 27 with 6073 views | CiderwithRsie |
| QPR financial train crash explained with clarity on 12:56 - May 26 by daveB |
Ferdinand has said a few times the way he wants it to work is the coach comes to him and says a need a right back, we then already have several right backs scouted so he is given a list of possible targets, the coach then either goes along with that or suggests someone else but it will be done with them working together with a scouting team rather than one man makes all the calls as we have with managers. |
Funnily enough, what Ferdinand wants to do is exactly what Jim Gregory used to do when he was owner.
I wonder if any of the regulars on here think that was a good way of working?  | | | |
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