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Accounts are in

Discussion in 'Queens Park Rangers' started by qprbeth, Feb 27, 2020.

  1. ELLERS

    ELLERS Well-Known Member

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    please log in to view this image
     
    #21
  2. qprbeth

    qprbeth Wicked Witch of West12
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    Please remind who the superstars are in the Reading team that are being paid these wages
     
    #22
  3. ELLERS

    ELLERS Well-Known Member

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    Bloody hell how many charts can they do? Its like they have Stroller doing the accounts!
     
    #23
    Last edited: Feb 27, 2020
    Frome-Ranger, QPRski and jeffranger like this.
  4. ELLERS

    ELLERS Well-Known Member

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    I don't know the ins/outs of Reading. Only what my mate tells me. He said that Reading sent a letter to the EFF this season showing how they could manage (this was after big losses last season) and they went out and spent more. They got the lad from Liverpool, the forward Pushkin? and a guy called Pele :emoticon-0136-giggl and some others that I don't know. he said they spent quite a few million. They are now 5 points of relegation playing Barnsley on Saturday.
     
    #24
  5. ELLERS

    ELLERS Well-Known Member

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  6. Bwood_Ranger

    Bwood_Ranger 2023 Funniest Poster

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    Who is on serious money there? Baffling.
     
    #26
  7. Bwood_Ranger

    Bwood_Ranger 2023 Funniest Poster

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    Nor should we really. Transfer fees are horrific.

    Even if we were in a healthyish position Eze would have to go. This demonstrates what an impact £20m+ would do but a guy like him comes along once a decade if you’re lucky.
     
    #27
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  8. sb_73

    sb_73 Well-Known Member

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    So actually the EFL did the club (but not the owners) a favour by forcing the shareholders to convert unrepayable debt to worthless equity. So is the chart posted by Ellers showing a £300m + overall debt to shareholders accurate? I’m not a great one at reading balance sheets I’m afraid.
     
    #28
  9. ELLERS

    ELLERS Well-Known Member

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    Mate you know me and maths! <yikes> You can explain it all to me.
    However I believe Reading took a massive gamble on promotion. they have spent a lot on players and some aren't even playing. Do you remember that Aluko fella from Fulham... they still have him and paid £7M.
    Their fans are blaming some fella called Kia Joorabchian who has been involved with club Money/transers.
    They are acting like us a few years ago but don't have the backing.
     
    #29
  10. qprbeth

    qprbeth Wicked Witch of West12
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    And like a bus, we have three...Eze, Chair and BOS
     
    #30

  11. qprbeth

    qprbeth Wicked Witch of West12
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    And you know exactly who Kia Joorabchian is don't you Ellers

    I have no idea how he is banned by the PL and the EFL and all other parties in between
     
    #31
  12. ELLERS

    ELLERS Well-Known Member

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    Yeah he is the fella that did the Tevez deal and hang out with Hughes.
     
    #32
  13. qprbeth

    qprbeth Wicked Witch of West12
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    Exactly. Reading isn't the first club he has taken to the precipice, and no doubt won't be the last
     
    #33
  14. ELLERS

    ELLERS Well-Known Member

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    Under Madjetski I always remember Reading as being a well run club. Since he left they have had a Russian owner linked to the Russian mafia. A Thai woman who conned them saying she was rich and wasn't. And now they have a Chinese bloke who wants to build a big shopping complex on the site.... Good luck with that.
     
    #34
  15. ELLERS

    ELLERS Well-Known Member

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    Derby and Sheff Weds could also be in trouble.
     
    #35
  16. Quite Possibly Raving

    Quite Possibly Raving Well-Known Member

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    His graph shows financing as opposed to debt. So I'd assume (happy to be corrected) the money they've put in that is now equity - effectively cancelling the debt - is counted in that figure.
     
    #36
  17. Sooperhoop

    Sooperhoop Well-Known Member

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    Pele and Puscas. They're being paid in Pounds, shillings and pence...<laugh>
     
    #37
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  18. ELLERS

    ELLERS Well-Known Member

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    Well they are paying them but they don't always play.
     
    #38
  19. Wherever

    Wherever Well-Known Member

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    Do you think Reading knew it wasn’t “the” Puskas or Pele, cause me mate Dave Ronaldinho isn’t doing anything this Saturday
     
    #39
  20. ELLERS

    ELLERS Well-Known Member

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    You mean it’s not the Pele that does the Viagra adverts!
     
    #40
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