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Post by QPR Report on Nov 15, 2008 22:20:03 GMT
How are we doing?
Our gate today was 13,000+ We have what Scott reported re the mortgage. Don't know how much it's for.
Income: We have increased ticket prices and we have the new sponsorship. It's an increase from the past, but as I recall, a lot of it was predicated on our being in the Premiership. So if we're not up there, don't know how much we're getting
We got rid of the 10% ABC Loan. But we still have that loan; with no lenders but still at 8.5%. (Maybe with the credit crunch and reduced interest rates; that again could be reduced)
EXPENDITURE - Well there were the assertions of millions spent on the boxes and chandeliers and Tv and ground, and boardroom.
We've got the players. Pete said three players were earning more than a million pounds each a year.
Never answered whether any of our Board are getting salaries.
We presumably have to pay Dowie's contract...
So income vs expenditure? And as before, the debt accrues to the club; not to Briatore/Mittal. So how many millions do QPR now owe? 10 million , 15 million? 20 Million? More? Less.
Previously we were cutting back on expenses; players salaries, etc. Seems the opposite now.
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