CasbahOwl Posted February 20 Share Posted February 20 QPR have this morning posted losses of £20M+ for the second consecutive season ....... No idea what this means or if it's even worthy of debate? Quote Link to comment Share on other sites More sharing options...
Reesh Posted February 20 Share Posted February 20 Means they should be subject to a deduction potentially. Quote Link to comment Share on other sites More sharing options...
Beaconowl Posted February 20 Share Posted February 20 That would be handy Quote Link to comment Share on other sites More sharing options...
Billysboy Posted February 20 Share Posted February 20 Surely that's 40 million plus over 3 years, arnt you only allowed 39 million? Quote Link to comment Share on other sites More sharing options...
Tylluan Posted February 20 Share Posted February 20 (edited) QPR brokered a deal with the EFL to pay their last FFP breach fine off over a period of 10 years. They've missed at least the last 2 payments and have missed a 4 week deadline to pay up. they should be picking up a 10 point deduction for that alone. The new, possible, FFP breach might not come in until next season Edited February 20 by Tylluan Quote Link to comment Share on other sites More sharing options...
Hirstys 12th Pint Posted February 20 Share Posted February 20 https://www.wearetherangersboys.com/forum/general/qpr-fans/2599891-points-deduction-incoming Quote Link to comment Share on other sites More sharing options...
Tewksbury Posted February 20 Share Posted February 20 They're fine. The built a new training ground or something like that. They got some sponsorship money in Jan for stand naming too. They also had a decent offer for Chair that they could have taken to balance the books if needed. They're really going to struggle next season though Quote Link to comment Share on other sites More sharing options...
Reesh Posted February 20 Share Posted February 20 7 minutes ago, Tylluan said: QPR brokered a deal with the EFL to pay their last FFP breach fine off over a period of 10 years. They've missed at least the last 2 payments and have missed a 4 week deadline to pay up. they should be picking up a 10 point deduction for that alone. The new, possible, FFP breach might not come in until next season Yeah I've read that they should be getting 10 pts already..... Quote Link to comment Share on other sites More sharing options...
CasbahOwl Posted February 20 Author Share Posted February 20 According to companies house: - 2020 - £16,393,000 2021 - £4,114,000 2022 - £24,667,000 2023 - £20,337,000 That is a loss of £49,118,000 over the last three years Quote Link to comment Share on other sites More sharing options...
owl4ever1867 Posted February 20 Share Posted February 20 If that had been Chansiri & Wednesday there would be a press conference before Saturday's game saying we've been hit with a 10 point deduction. Quote Link to comment Share on other sites More sharing options...
Reesh Posted February 20 Share Posted February 20 Reading a bit more in depth on QPR it appears after add backs of certain costs they will fall under the £39m 1 Quote Link to comment Share on other sites More sharing options...
Reesh Posted February 20 Share Posted February 20 1 hour ago, Tewksbury said: They're fine. The built a new training ground or something like that. They got some sponsorship money in Jan for stand naming too. They also had a decent offer for Chair that they could have taken to balance the books if needed. They're really going to struggle next season though Matters fuck all in accounts to May 2023. Quote Link to comment Share on other sites More sharing options...
Tewksbury Posted February 20 Share Posted February 20 10 minutes ago, Reesh said: Matters fuck all in accounts to May 2023. Good point, well presented. Just what I got from the QPR boards. The owners have said they're fine for FFP, they're still within it this season. The extra losses all went on infrastructure, some spent on a stand and a new training facility. So they should be OK unless the EFL pulls the rug out like Everton. Quote Link to comment Share on other sites More sharing options...
CasbahOwl Posted February 20 Author Share Posted February 20 Which years accounts will this be taken from when it’s eventually paid? 2 hours ago, Tylluan said: QPR brokered a deal with the EFL to pay their last FFP breach fine off over a period of 10 years. They've missed at least the last 2 payments and have missed a 4 week deadline to pay up. they should be picking up a 10 point deduction for that alone. The new, possible, FFP breach might not come in until next season Quote Link to comment Share on other sites More sharing options...
Reesh Posted February 20 Share Posted February 20 1 minute ago, CasbahOwl said: Which years accounts will this be taken from when it’s eventually paid? It'll have been accounted for previous and laid on the balance sheet as a creditor. Quote Link to comment Share on other sites More sharing options...
CasbahOwl Posted February 20 Author Share Posted February 20 5 minutes ago, Reesh said: It'll have been accounted for previous and laid on the balance sheet as a creditor. Cheers mate 👍 1 Quote Link to comment Share on other sites More sharing options...
Supercockle Posted February 23 Share Posted February 23 I see Chair has been sentenced to 1 year in jail. He’s been a decent player for them this season. Quote Link to comment Share on other sites More sharing options...
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