QPR's debt is £177million

Wrong. We've had threads discussing the obscenity of the losses/debts accumulated by these clubs. Nobody has told them how to do business. For starters, this is a Barnsley forum and so I doubt the likes of Fernandes and the Glazers are reading, and neither do I think there's anyone daft enough (except maybe one person) on here to assume these type of people read the BBS.

 

QPR are in a *lot* of danger. Just because the owners have massive personal fortunes does not mean that they are willing to continue funding a venture that loses so much money. At some point they *could* just close the club down and sell the remaining assets to recoup as much money as they possibly can. I imagine Loftus Road would make a fair amount of money as a bulding site.

One day, one of these rich owners will do just that. They are hard-nosed businesmen and money means a lot more to them than the history and fans of any football club.

 

P

Who the **** do you think you are?

 

I'm presuming you talk ***** to get a response as no one can actually walk and talk and breathe and be that stupid.

The level of losses at many football clubs is unsustainable. Rich foreign businessmen often get into football as a vanity project. However as you say they are hard nosed businessmen who at some point will think **** this and walk away. Football is not treated as a business. What business losing £65 million quid would think what we need to do is spend another 10 million quid on assets that may or may not be successful. I'm a freelance economic researcher I can tell you now no business losing £65 million quid a year is sustainable.

The insanity of this approach is why Barnsley are perpetually in danger of relegation. And no amount of saying Danny should play 4-5-1 or 5-3-2 will help whilst football is screwed up and skewed in this way.

Love Barnsley hate football.

 

^^^^^^^^^^^^^^^^^^^^^^^^^^^^
This

 

I disagree. There's been plenty posts about the clubs in question on here. However, the posts have not questioned the business acumen of the respective owners but rather expressed disapproval with how this effects football in general. How does the influx of billionaire sugar daddy's help the English national team, grass roots football (Championship football for that matter) the fans, ticket prices etc etc etc. The answer is, it doesn't.

You're right though, they are highly successful businessmen and these football clubs are in the public domain, so it's completely their prerogative to buy and run the clubs as they see fit. The fans will probably enjoy it as well so long as things are going well and have no qualms about being a rich mans play thing. However, some of us remain sceptical about the intentions of these billionaires and folk should be careful what they wish for because for every Man City there's usually a Portsmouth.

 

Once again Hemsworth shows everyone how clueless and naive he is. He never disappoints.

 

Totally agree.
As more and more foreign owners whose interest is money rather than football have come into the game the standing of the England football team has declined.
And Leeds are sleep-walking into a disaster....not that I'm losing sleep about that!

 

You are doing this on purpose, you are a WUM. It is official.

 

Right. We're getting somewhere. From now on we're all only allowed to post about things that we really know about, from personal experience. Should be good on here from now on.

 

Brilliant. Now all we need is BFC Dave's input into your example. Or Mr Micawber's.

 

£40 a week on sky sports subscriptions?


No wonder "Wayne" got his pay rise.

All down to you Philippe.

 

The sticker book is only free because it is a factory seconds. Apparently it's missing the german teams page

 

Phil's right to be fair they are excellent businessmen as the money from their own fortunes will be very little, even what is loaned to a club by them will be rammed with charges and interest so essentially expanding on their little investments.

Most of the debt and money borrowed is from loans that are secured against future tv revenue, a player, the stadium, future season ticket sales.

Basically on everything but their own actual financial interests.

Should one of these clubs go tits up they'll walk away smiling along with the players and the people who suffer yet again are small business and the life blood of a club. It's fans.