Nothing in the report about the Old Oak project that is underway. To blame Our ARRY is a bit harsh. If you speak to TF or A Bhatia. They will tell you it was him who told then that the urine had been taken out of them over wages. He also said as much when he was manager. Hence the departure of the previous CEO.
Obviously the fact that the club is losing money is far from ideal, and the directors' decision to convert debt into shares is admirable, but the massive concern for me is how the club will cope with a bank-busting FFP fine? I do not think we can consider QPR immune from bankruptcy. Are the directors willing to absorb more debt to keep us solvent? When does their love of QPR become less than the price to pay....?
