QPR secure a £27m loan from Barclays...

Stat Brother

Well-known member

NSC Patron

Jul 11, 2003

73,667

West west west Sussex

• Mar 27, 2014

• #1

... against their parachute payments and next season, or the '15-'16 season, potential Premier League TV revenue!!!
Following on from a £15m loan, again with Barclays, a year ago.

Scroll down for the English version

http://www.fotballsonen.com/qpr-med-nytt-banklan/

 

H

Hotchilidog

Well-known member

Jan 24, 2009

8,692

• Mar 27, 2014

• #2

You can smell the desperation from here. More prudent behaviour from the west London wags.

 

Philzo-93

Well-known member

Jan 17, 2009

2,797

North Stand

• Mar 27, 2014

• #3

That club is a train crash waiting to happen!

 

Paul Reids Sock

Well-known member

Nov 3, 2004

4,458

Paul Reids boot

• Mar 27, 2014

• #4

Unbelievable.

Something isn't right with that club at the moment

 

Foul Play Rocks

Well-known member

Feb 23, 2013

5,180

• Mar 27, 2014

• #5

They could do with spending a few quid

 

M

MattBackHome

Well-known member

Jul 7, 2003

11,723

• Mar 27, 2014

• #6

They are down to the bare bones though.

 

itszamora

Go Jazz Go

Sep 21, 2003

7,282

London

• Mar 27, 2014

• #7

I wonder if their massive losses are causing some cashflow issues.

 

T

TomandJerry

Well-known member

Oct 1, 2013

11,450

• Mar 27, 2014

• #8

QPR

 

Rugrat

Well-known member

Mar 13, 2011

10,215

Seaford

• Mar 27, 2014

• #9

It's the amount of debt that a club can get into that FFP should be tackling, not just a P&L losss

 

El Sid

Well-known member

May 10, 2012

3,806

West Sussex

• Mar 27, 2014

• #10

Is this just a quickie loan to pay the wages this week?

 

Kumquat

New member

Mar 2, 2009

4,459

• Mar 27, 2014

• #11

I think they signed Benayoun thinking he was called IOU.

 

V

Vegas Seagull

New member

Jul 10, 2009

7,782

• Mar 27, 2014

• #12

Need to sell Z back here

 

B

Billy the Fish

Technocrat

Oct 18, 2005

17,496

Haywards Heath

• Mar 27, 2014

• #13

'arry is going to bankrupt another club isn't he!

 

fat old seagull

New member

Sep 8, 2005

5,239

Rural Ringmer

• Mar 27, 2014

• #14

The Great QPR Bake Off...

Recipe for disaster.
1 small loan

Add another larger loan.

Add more loans until ... The cake implodes !

Followed by the FA's headless chickens making even more restrictive legislation.

 

Stat Brother

Well-known member

NSC Patron

Jul 11, 2003

73,667

West west west Sussex

• Mar 27, 2014

• Thread starter
• #15

I'm surprised nobody is questioning the fact the loans are secured against Premier League TV rights.

How can Barclays justify that as a sound investment.

 

Ernest

Stupid IDIOT

Nov 8, 2003

42,739

LOONEY BIN

• Mar 27, 2014

• #16

Like throwing a drowning man a bucket of water

 

RexCathedra

Aurea Mediocritas

Jan 14, 2005

3,499

Vacationland

• Mar 27, 2014

• #17

Barclays' might as well go right on the kit -- oh, and Loftus Road farewell, hello The Barclays Stadium.

 

Triggaaar

Well-known member

Oct 24, 2005

50,171

Goldstone

• Mar 27, 2014

• #18

Stat Brother said:

I'm surprised nobody is questioning the fact the loans are secured against Premier League TV rights.

How can Barclays justify that as a sound investment.

Click to expand...

The loan is "against their parachute payments", which are guaranteed, except if QPR are promoted, in which case the loan will be against the TV rights that would replace the parachute payments.

 

Driver8

On the road...

NSC Patron

Jul 31, 2005

15,979

North Wales

• Mar 27, 2014

• #19

Rugrat said:

It's the amount of debt that a club can get into that FFP should be tackling, not just a P&L losss

Click to expand...

Where would that put us with our £100m+ debt?

 

Brighton Mod

Its All Too Beautiful

Dec 30, 2012

2,614

Where the Horse crossed the Bridge

• Mar 27, 2014

• #20

This car crash is in ultra slow motion!!