|Latest QPR accounts|
at 09:39 14 Feb 2019
Not as bad as it has been but not great news.
The accounts are for last season (Holloway) and show a £37m loss of which £20m is the FFP fine.
£17m loss is still a lot, up from £6.4m the year before. It means we'll breach FFP this season if we lose more than £15m, and means we can only lose £20m over this season and next or we're in breach again.
Wages as a percentage of turnover back up to 98% from 64%.
This is all the effect of the declining parachute payment, which is reduced again for this season and disappears altogether next. Shows why we had to let Onuoha and Robinson go and sell Smithies.
Paid £4.8m to buy players (Scowen, Baptiste, Wheeler, Samuel, Smyth), received £7.7m (Gladwin, Doughty, Bowler, El Khayati, Henry, Ngbakoto, Reece Cox, Comley, Borysiuk).
Follow @nrogers959 on Twitter for a proper run down.