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QPR threatened with relegation to the Conference

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Comments

  • c4fcdenmark
    c4fcdenmark Posts: 2,041
    It's not looking any better for them...
  • Callumcafc
    Callumcafc Posts: 63,764
    Hope they suffer successive relegations down to non league. Become a horrible little club.
  • guinnessaddick
    guinnessaddick Posts: 28,623
    They deserve to get relegated to the conference just for getting beat by palarse.
  • paulie8290
    paulie8290 Posts: 23,344
    If (and its a big if) The Football League decide to deny QPR entrance to the football league because of this issue, could the Spanners survive still

    sorry if this brings a downer on anyone's day :wink:
  • wmcf123
    wmcf123 Posts: 5,824
    There's no way the football league would go through with this. Come on, Rotherham!
  • stonemuse
    stonemuse Posts: 34,000

    If (and its a big if) The Football League decide to deny QPR entrance to the football league because of this issue, could the Spanners survive still

    sorry if this brings a downer on anyone's day :wink:

    no, they would reduce the number of clubs for a season ... no-one likes them remember ;-)
  • TelMc32
    TelMc32 Posts: 9,051
    stonemuse said:

    If (and its a big if) The Football League decide to deny QPR entrance to the football league because of this issue, could the Spanners survive still

    sorry if this brings a downer on anyone's day :wink:

    no, they would reduce the number of clubs for a season ... no-one likes them remember ;-)
    I do wonder about that with the Football League and the number of times they have got away with "suspended" punishments going back decades.

    I think that dismantles their mantra in one fell swoop!!
  • SheedyCAFC
    SheedyCAFC Posts: 1,244
    They deserve relegation to the conference for having goal music alone. (Da da da da oosh)
  • If (and its a big if) The Football League decide to deny QPR entrance to the football league because of this issue, could the Spanners survive still

    sorry if this brings a downer on anyone's day :wink:

    Just the mention of this slimmest possibility will send oohaah over the top.
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  • Would love to see QPR relegated to the conference. Rotherham win tonight, Millwall lose to Wolves and Wigan beat Brentford = Millwall still relegated and QPR chucked out, happy days!
  • LenGlover
    LenGlover Posts: 31,651

    redman said:

    cafcfan said:

    I don't understand the article. Perhaps someone could explain how writing off £60mn in loans has any effect whatsoever on the profit & loss? Surely that's just reducing the liabilities on the balance sheet?
    QPR had a liability on their balance sheet which now they don't have to pay. So they take the liability of their balance sheet and it is in effect a profit.

    A simple example would be you owe someone £20 , they let you off so you have made a profit of £20.

    That sounds ridiculous to me! How can it be turned into a profit?!
    If the liability previously showed on the balance sheet then there would have been a corresponding "expense" or "cost" for that liability in the profit and loss.

    If you then write that liability off of the balance sheet then to be logical and consistent you have to write it back to profit and loss.
  • happyvalley
    happyvalley Posts: 8,996
    The way they are playing they will have successive relegations to the conference anyway.
  • Eynsfordaddick
    Eynsfordaddick Posts: 2,045
    LenGlover said:

    redman said:

    cafcfan said:

    I don't understand the article. Perhaps someone could explain how writing off £60mn in loans has any effect whatsoever on the profit & loss? Surely that's just reducing the liabilities on the balance sheet?
    QPR had a liability on their balance sheet which now they don't have to pay. So they take the liability of their balance sheet and it is in effect a profit.

    A simple example would be you owe someone £20 , they let you off so you have made a profit of £20.

    That sounds ridiculous to me! How can it be turned into a profit?!
    If the liability previously showed on the balance sheet then there would have been a corresponding "expense" or "cost" for that liability in the profit and loss.

    If you then write that liability off of the balance sheet then to be logical and consistent you have to write it back to profit and loss.
    Thanks, Len. Financial stuff like this leaves me bewildered.