Woodrow wasn’t in the same position when he signed his extension. He had 2 years left on his contract at the time, and we were in the championship. Neither will be the case this summer. Of course, we don’t know for sure who will stay or go, but I will be amazed if those three players with one year left are still here. My hope is we can find a way to keep Andersen, Morris and funnily enough, Kane at the club, which would give us a decent spine to build around. Though Kane might actually be the one to get the most interest having been away from the wreckage that has been our season.
Think Iseka would score goals at L1 level. The lad can finish when he gets the chance. He’ll probably look to get back to Belgium though.
I remember the last time we went down GG skirted around the subject.. when asked about budget.. he said Sumert like, it's a big drop from the championship but your first season in L1 is not as bad as it could be. He dint got in to detail at all but he meant that we had a one year cushion.
Not much to pick at, but the bits of business we did do were all very telling with regard to the finances of the club at the present time. The decision on Kane rang alarm bells. Sell off the option for a nominal amount to immediately upgrade midfield to essentially save on 6 month's wages. Similarly for the sale of Ben Williams. Limited income and a wage saving on a fringe player. We apparently turned down bids for some of the obvious in-demand players, when arguably selling one of them and refreshing the squad with new faces would have been more effective for where our season stands. This suggests to me that either the offers received were derisory or that we are over-valuing the players and holding out for a fee that no-one will pay. Oulare was a desperate scramble to get him off the wage bill to some extent. However, given that he's gone to one of Conway's mate's clubs I suspect we're still paying a significant amount of those wage costs. The two incoming players, Bassi and Quina, were both complete departures from the stated transfer policy of not developing other clubs' players. Again, the only logical reason to do this is that you haven't got the resources to buy anyone. Arguably it may have been that no-one was prepared to come for 6 months of Championship football before a League One campaign (and presumably a wage drop with it), in which case we've inflicted this change in policy on ourselves by being so uncompetitive this season. All of the above would point towards penny pinching in any transfer window. The fact that we did it when there's a new coach expecting to be supported in his first transfer window and when there was time-pressure on us to do good business early in the window points towards a lack of resources determining exactly what we were able to achieve (or in this case not achieve, albeit the two loanees look promising so far).
Be interesting to see reaction on here if Woodrow is sold after all stick he has had to take this season lol
Saw someone talking about the number of players out of contract in 2023 and hinting that's one reason everyone will be off for peanuts. It didn't factor in the additional year in our favour so wasn't as bad a picture as presented, but when you don't sell your best players then your 4/5 year contracts are going to get closer to expiring.
QPR showing us the way to go ahead of tomorrow's game. QPR publish 2020/21 accounts. - Income down 19% to £14.5m - Wages up 21% to £24.1m - Wages 166% of income - Day to day losses up 25% to £21.7m - Player sale profits £17.6m - Pre tax losses down 72% to £4.5m - Player signings £8.3m - Net debt £58m
The point i was making Arch was only that the L1 parachute payment is not a new thing and was around the last time we went down..
To add to this. I don't expect our accounts to look healthy at all but then there's not much good news out there in football full stop due to Covid. QPR's lowest level of total income since 2010. It won't be pretty but then would we expect it to be given the current climate?
If there's a fire sale and we have a £7m deficit, what's that gonna bring in £3m? So no assets and still a £4m deficit. We're in the deep stuff.
But isn’t ’best players’ a relative term? They might be our best players, but surely that doesn’t necessarily make them attractive to anyone else. Particularly given our current abject failure.
Madness, Covid-19 knackered their income but to hell with it they increase spending on wages by 21%. Just another in the long line of gamblers for the premier league. If they fail we all chuck money in the bucket to save QPR.
But in terms of the current abject failure, that was only the case in January just gone rather than last Summer and the January previous?