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Club Accounts 12:42 - Feb 17 with 15153 viewswombat

Due out oin the next few days i belive

Poll: which is your favouite foot

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Club Accounts on 12:45 - Feb 17 with 3741 viewsJamesB1979

Something else to look forward to!

Last year they were there on 21st Feb. Although it does say on website that “the document is being processed”
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Club Accounts on 12:52 - Feb 17 with 3711 viewswombat

Club Accounts on 12:45 - Feb 17 by JamesB1979

Something else to look forward to!

Last year they were there on 21st Feb. Although it does say on website that “the document is being processed”


id have thought next seasons accts would be more intresting reading than this years but this is rangers you never know

Poll: which is your favouite foot

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Club Accounts on 12:56 - Feb 17 with 3675 viewsNorthernr

Yeh companies house alert is out so it’ll be some point in next day or so.
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Club Accounts on 12:59 - Feb 17 with 3653 viewsJamesB1979

What’s good/better, a loss of around 10m I guess? The “post balance sheet” will be the most interesting part I think.
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Club Accounts on 13:05 - Feb 17 with 3625 viewsTheChef

Almost as exciting as the FA Cup 3rd round draw...

#gamesgone

Poll: How old is everyone on here?

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Club Accounts on 13:25 - Feb 17 with 3540 viewsCroydonCaptJack

Get Simon Dorset on standby please.

Poll: Do we need another Eze thread?

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Club Accounts on 13:35 - Feb 17 with 3508 viewsNorthernr

Club Accounts on 13:25 - Feb 17 by CroydonCaptJack

Get Simon Dorset on standby please.


Of course.

Will try and do a podcast as well.
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Club Accounts on 13:35 - Feb 17 with 3505 viewsPlanetHonneywood

Club Accounts on 13:05 - Feb 17 by TheChef

Almost as exciting as the FA Cup 3rd round draw...

#gamesgone


And now the full QPR accounts read by James Alexander Gordon....

Losses twelve million, profits...nilll

'Always In Motion' by John Honney available on amazon.co.uk
Poll: Who should do the Birmingham Frederick?

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Club Accounts on 13:58 - Feb 17 with 3454 viewsnick_hammersmith

Club Accounts on 13:05 - Feb 17 by TheChef

Almost as exciting as the FA Cup 3rd round draw...

#gamesgone


There's a third round?
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Club Accounts on 15:06 - Feb 17 with 3314 viewsTheChef

Club Accounts on 13:58 - Feb 17 by nick_hammersmith

There's a third round?


Yes.

But nothing beyond that.

Poll: How old is everyone on here?

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Club Accounts on 15:31 - Feb 17 with 3214 viewsqpr1976

Club Accounts on 13:05 - Feb 17 by TheChef

Almost as exciting as the FA Cup 3rd round draw...

#gamesgone


Which is still more exciting than the 4th round draw !
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Club Accounts on 17:17 - Feb 17 with 3011 viewsBristolR

Club Accounts on 13:35 - Feb 17 by PlanetHonneywood

And now the full QPR accounts read by James Alexander Gordon....

Losses twelve million, profits...nilll


QPR v. PSR

Match abandoned, pitch unplayable.

Pools panel: Away Win
[Post edited 17 Feb 17:19]
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Club Accounts on 07:00 - Feb 18 with 2633 viewsEastR

They are available for scrutiny now

Poll: Is time up for Ainsworth?

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Club Accounts on 07:15 - Feb 18 with 2605 viewsLblock

Three hundred and eighty seven million in debt.

Drink that in.

Since Bungle and the boys rode into town in their clown car with square wheels we have steadily marched towards half a BILLION pounds of losses and continue to do so. That includes two “life changing” periods in the Premiership

Wow.
Just wow.

Cherish and enjoy life.... this ain't no dress rehearsal

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Club Accounts on 08:02 - Feb 18 with 2455 viewsBeckenhamhoop

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Club Accounts on 08:02 - Feb 18 with 2451 viewsstevec

Not pretty.

Over the last two years we’ve accumulated £35m losses, so if FFP is still set at £39m over a rolling three year period we’ve got about £4m of losses to play with this season!

It’s not necessarily that bad as once again, Eze comes to the rescue. Again, to what level, who knows, but let’s work with £9m, which gives us £13m this season. Add on any allowable expenses that don’t go under FFP, we maybe have £20m or thereabouts, for this season, so we maybe just touch the boundary yet again.

Obviously there’s two glaring issues, one, we aren’t being very successful with this buy to sell malarkey, and ask any businessman if a 98% ratio of wages to gross turnover is a sign of a business being ran well and he’ll laugh you out of town.
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Club Accounts on 08:05 - Feb 18 with 2438 viewsNorthernr

Club Accounts on 08:02 - Feb 18 by Beckenhamhoop



And let's see what you won for this spend...

Madsen, Celar, Varane, Esquerdinha, Bennie, Morrison.

This post has been edited by an administrator
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Club Accounts on 08:06 - Feb 18 with 2435 viewsstumbleandfall

I think it’s £42 million now.
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Club Accounts on 08:13 - Feb 18 with 2401 viewsdaveB

Looks like they need at least one maybe 2 big sales this summer

Wages spent £98 of every £100 of revenue is mad though and that has probably gone up as well with last summers signings and new contracts
[Post edited 18 Feb 8:19]
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Club Accounts on 08:15 - Feb 18 with 2384 viewsGaryBannister86

Club Accounts on 08:05 - Feb 18 by Northernr

And let's see what you won for this spend...

Madsen, Celar, Varane, Esquerdinha, Bennie, Morrison.

This post has been edited by an administrator


Much as I don't like this buy to sell thing that we seem to be so bad at, what I don't understand is if it is true we had £4m - £5m bids for Varane why they didn't snap their arms off? I rate Varane more than most, but I can't see that his value would be likely to increase much over that?

Now we've shipped off Morrison to Aberdeen so we're hoping someone is going to buy Madsen for what, £7m? Seems far fetched to me so we've bought to sell, gone nowhere in the league, out both the cups first round....and made a loss.

So on to the next plan of selling Kone, Dembele, Poku, Burrell, Edwards for more than we paid plus wages, whilst moving up the league. We're really going to need Burrell to come back firing and net a goal a game.
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Club Accounts on 08:19 - Feb 18 with 2363 viewsNorthernr

Club Accounts on 08:15 - Feb 18 by GaryBannister86

Much as I don't like this buy to sell thing that we seem to be so bad at, what I don't understand is if it is true we had £4m - £5m bids for Varane why they didn't snap their arms off? I rate Varane more than most, but I can't see that his value would be likely to increase much over that?

Now we've shipped off Morrison to Aberdeen so we're hoping someone is going to buy Madsen for what, £7m? Seems far fetched to me so we've bought to sell, gone nowhere in the league, out both the cups first round....and made a loss.

So on to the next plan of selling Kone, Dembele, Poku, Burrell, Edwards for more than we paid plus wages, whilst moving up the league. We're really going to need Burrell to come back firing and net a goal a game.


Now you know why they're keen to shift Sam Field...
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Club Accounts on 08:21 - Feb 18 with 2347 viewsdaveB

Club Accounts on 08:02 - Feb 18 by stevec

Not pretty.

Over the last two years we’ve accumulated £35m losses, so if FFP is still set at £39m over a rolling three year period we’ve got about £4m of losses to play with this season!

It’s not necessarily that bad as once again, Eze comes to the rescue. Again, to what level, who knows, but let’s work with £9m, which gives us £13m this season. Add on any allowable expenses that don’t go under FFP, we maybe have £20m or thereabouts, for this season, so we maybe just touch the boundary yet again.

Obviously there’s two glaring issues, one, we aren’t being very successful with this buy to sell malarkey, and ask any businessman if a 98% ratio of wages to gross turnover is a sign of a business being ran well and he’ll laugh you out of town.


Look forward to hearing from likes of Simon and Niall about what this means but hard to see how we don't face a points deduction next season given what we spent last summer and in January.
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Club Accounts on 08:24 - Feb 18 with 2315 viewsloftus77

Club Accounts on 08:21 - Feb 18 by daveB

Look forward to hearing from likes of Simon and Niall about what this means but hard to see how we don't face a points deduction next season given what we spent last summer and in January.


Crikey - I really thought we were through all this pain?! Or at least the worst part of it. Maybe not.

Alarming.
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Club Accounts on 08:25 - Feb 18 with 2310 viewsJamesB1979

Club Accounts on 08:02 - Feb 18 by Beckenhamhoop



Where’s the £10m. Isn’t it £6m gross and then £5m net, page 28.
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Club Accounts on 08:27 - Feb 18 with 2290 viewsGaryBannister86

Club Accounts on 08:19 - Feb 18 by Northernr

Now you know why they're keen to shift Sam Field...


But that's what makes me laugh. The only players we seem able to sell are solid, unspectacular players like Field, Dieng, Dickie, Dykes - who can command a certain level of fee but that's about it. So we don't make much money and they are actually players you need in a squad to make progress up the league.

What you really need for this model to work, an Eze once in a generation aside, is some striker who isn't THAT great but scores 6 in 4 or something and you flog 'em for a vastly overpriced sum. I guess Kelman was a mini version of that.

And I suppose the Burrell plan would have been perfect if we could keep him on the pitch.
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