Post by sharky on Jul 5, 2017 16:16:34 GMT
From vital football. Not good news!
www.qpr.vitalfootball.co.uk/article.asp?a=496754
UEFA List QPR As Fifth Most Debt Ridden European Club
UEFA List QPR As Fifth Most Debt Ridden European Club
It may come as no surprise to many but according to UEFA's European Club Footballing Landscape report QPR have been ranked fifth as Europe's most debt ridden club.
Accounts for QPR Holdings Ltd
Their next accounts, which will cover 31 May 2017 through to 28 February 2018 should be published in May 2018. In the meantime the club owners, Tune Group (55%), Ruben Gnanalingam (33%) and Lakshmi Mittal (11%) need to find that magic formula and the ever elusive 'Money Tree' if we are ever to get out of this mess.
Top 20 European clubs by net debt
You're going to love this - NOT!
1. Manchester United - €536m
2. Benfica - €336m
3. Inter Milan - €306m
4. Valencia - €285m
5. QPR - €279m
6. AC Milan - €249m
7. CSKA Moscow - €224m
8. Galatasaray - €222m
9. Juventus - €209m
10. Roma - €208m
11. Sunderland - €208m
12. PSG - €186m
13. Fenerbahçe - €166m
14. Dinamo Moscow - €164m
15. Atlético de Madrid - €164M
16. Liverpool - €163m
17. Olympique Lyonnais - €159m
18. Monaco - €148m
19. Copenhagen - €138m
20. Schalke 04 - €137m
Read more: www.qpr.vitalfootball.co.uk/article.asp?a=496754#ixzz4lySAby00
You can find the details on Page 126 at www.uefa.com/MultimediaFiles/Download/OfficialDocument/uefaorg/Finance/02/42/27/91/2422791_DOWNLOAD.pdf
Rating explanation:
"It is important to analyse net debt in context rather than in isolation, as the risk profile of debt to finance investment is clearly very different to debt taken to fund operating activities. The chart and table above include the ratio of net debt to revenue, which is used as a risk indicator for the purposes of financial fair play, and the debt to ‘LT assets’ ratio, which are often used as security against the debt and are often funded or part funded by debt."
www.qpr.vitalfootball.co.uk/article.asp?a=496754
UEFA List QPR As Fifth Most Debt Ridden European Club
UEFA List QPR As Fifth Most Debt Ridden European Club
It may come as no surprise to many but according to UEFA's European Club Footballing Landscape report QPR have been ranked fifth as Europe's most debt ridden club.
Accounts for QPR Holdings Ltd
Their next accounts, which will cover 31 May 2017 through to 28 February 2018 should be published in May 2018. In the meantime the club owners, Tune Group (55%), Ruben Gnanalingam (33%) and Lakshmi Mittal (11%) need to find that magic formula and the ever elusive 'Money Tree' if we are ever to get out of this mess.
Top 20 European clubs by net debt
You're going to love this - NOT!
1. Manchester United - €536m
2. Benfica - €336m
3. Inter Milan - €306m
4. Valencia - €285m
5. QPR - €279m
6. AC Milan - €249m
7. CSKA Moscow - €224m
8. Galatasaray - €222m
9. Juventus - €209m
10. Roma - €208m
11. Sunderland - €208m
12. PSG - €186m
13. Fenerbahçe - €166m
14. Dinamo Moscow - €164m
15. Atlético de Madrid - €164M
16. Liverpool - €163m
17. Olympique Lyonnais - €159m
18. Monaco - €148m
19. Copenhagen - €138m
20. Schalke 04 - €137m
Read more: www.qpr.vitalfootball.co.uk/article.asp?a=496754#ixzz4lySAby00
You can find the details on Page 126 at www.uefa.com/MultimediaFiles/Download/OfficialDocument/uefaorg/Finance/02/42/27/91/2422791_DOWNLOAD.pdf
Rating explanation:
"It is important to analyse net debt in context rather than in isolation, as the risk profile of debt to finance investment is clearly very different to debt taken to fund operating activities. The chart and table above include the ratio of net debt to revenue, which is used as a risk indicator for the purposes of financial fair play, and the debt to ‘LT assets’ ratio, which are often used as security against the debt and are often funded or part funded by debt."