QPR's Net Debt is 5th highest in European Football

stoatey
Gerry Francis

Posts: 8,623

QPR's Net Debt is 5th highest in European Football Jul 5, 2017 17:47:43 GMT

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Post by stoatey on Jul 5, 2017 17:47:43 GMT

UEFA have reported that according to the accounts submitted by QPR Holdings Ltd to April 2017 we have a net debt of €279m. Only Man Utd €536m, Benfica €336m, Inter Milan €306m and Valencia €285m have a higher net debt. The interest being paid on such a debt must be huge and will limit what we can spend.

northwesthoop
Stan Bowles

@admin

Posts: 12,644

QPR's Net Debt is 5th highest in European Football Jul 5, 2017 19:10:42 GMT

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Post by northwesthoop on Jul 5, 2017 19:10:42 GMT

This is quite staggering and we have nothing to show for it.

I remember on QPRnet I posted that 10 years ago we finished 19th with 53 points. This past season was exactly the same.

All that money and we ended up back where we began. Shocking. Only at QPR.

Tony Sombre

I've Got Blue and White Hooped Blood

surrey chad Danny Maddix Posts: 1,558	QPR's Net Debt is 5th highest in European Football Jul 5, 2017 19:32:19 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by surrey chad on Jul 5, 2017 19:32:19 GMT I thought the directors wrote a lot of debt off?

pamment8
Gary Bannister

Devils advocate why I'm annoying

Posts: 904

QPR's Net Debt is 5th highest in European Football Jul 5, 2017 19:52:18 GMT

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Post by pamment8 on Jul 5, 2017 19:52:18 GMT

Absolute twaddle.
If we go back to the statement made by the club and LEE HOOS.
The debt was converted into shares and was absorbed by our director's.
Unless we were told porkies.
But it's in club records and fans forum.

surrey chad Danny Maddix Posts: 1,558	QPR's Net Debt is 5th highest in European Football Jul 5, 2017 20:17:14 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by surrey chad on Jul 5, 2017 20:17:14 GMT nice use of the word "Twaddle"

pamment8 Gary Bannister Devils advocate why I'm annoying Posts: 904	QPR's Net Debt is 5th highest in European Football Jul 5, 2017 21:01:34 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by pamment8 on Jul 5, 2017 21:01:34 GMT Other sources on debt write off WEST LONDON SPORT THE GUARDIAN THE TELEGRAPH.

QPRsmith Ilias Chair Posts: 373	QPR's Net Debt is 5th highest in European Football Jul 6, 2017 7:48:55 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by QPRsmith on Jul 6, 2017 7:48:55 GMT I thought that read QPR Nets debt.... I was thinking no wonder it closed down

QPR's Net Debt is 5th highest in European Football

Post by stoatey on Jul 5, 2017 17:47:43 GMT

Post by northwesthoop on Jul 5, 2017 19:10:42 GMT

Post by surrey chad on Jul 5, 2017 19:32:19 GMT

Post by pamment8 on Jul 5, 2017 19:52:18 GMT

Post by surrey chad on Jul 5, 2017 20:17:14 GMT

Post by pamment8 on Jul 5, 2017 21:01:34 GMT

Post by QPRsmith on Jul 6, 2017 7:48:55 GMT