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Daylight fading, or speculate to accumulate? – 24/25 Accounts 19:24 - Feb 19 with 2724 viewsNorthernr

Simon Dorset's annual number crunch of the accounts released this week...


Daylight fading, or speculate to accumulate? – 24/25 Accounts 19th Feb 2026 19:19
As QPR drop their financial accounts for the 2024/25 season under Marti Cifuentes showing big upticks in transfer spend and wages, we turn again to Simon Dorset who has been reviewing the club’s finances for LFW for the last decade to get his take on the numbers. 0

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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 10:35 - Feb 20 with 437 viewsterryb

Cheers Simon.

As you know, I can usually follow & understand your financial breakdown, but you've surpassed that this year! From memory, this was the easiest set of figures you've produced to understand.
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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 10:59 - Feb 20 with 369 viewsfrancisbowles

Thank you Simon. Clear analysis for those of us with limited experience of accounting.
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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:02 - Feb 20 with 357 viewsThird_Division_South

Daylight fading, or speculate to accumulate? – 24/25 Accounts on 02:23 - Feb 20 by LazyFan

Well it was rumoured we only got ...
Eze sell-on - £6m
Kelman - £3.5m

Rumours for:
Edwards - £4.5m
Obikwu - £0.5m

So, I can see why the poster thought you overestimated the sales!


It was also rumoured £500k for Frey
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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:05 - Feb 20 with 355 viewsThird_Division_South

Your forecast is predicated on the rolling forward of FFP, but aren’t the rules changing next season to % of turnover? or have I got that wrong?
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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:53 - Feb 20 with 239 viewsNorthernr

Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:05 - Feb 20 by Third_Division_South

Your forecast is predicated on the rolling forward of FFP, but aren’t the rules changing next season to % of turnover? or have I got that wrong?


The Championship doesn't appear to have made its mind up on that, but that system would be a lot worse for us if it does come in.
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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:53 - Feb 20 with 236 viewsNorthernr

Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:02 - Feb 20 by Third_Division_South

It was also rumoured £500k for Frey


Like it was rumoured we got £2.5m for Armstrong.
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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 12:16 - Feb 20 with 191 viewsRsole

Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:53 - Feb 20 by Northernr

Like it was rumoured we got £2.5m for Armstrong.


I think we used Bitcoin for the valuation at the time but it’s worth about half that these days….well offside also.

Those possessed by devils, try and keep them under control a bit, can't you ?

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Daylight fading, or speculate to accumulate? – 24/25 Accounts on 13:45 - Feb 20 with 32 viewsJamesB1979

Daylight fading, or speculate to accumulate? – 24/25 Accounts on 11:53 - Feb 20 by Northernr

Like it was rumoured we got £2.5m for Armstrong.


Wasn’t that including add-ons? You wouldn’t see that in accounts yet.
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