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Tuesday, December 16, 2008

QPR/Sinclair?...Flashback Two Years: QPR in Big Trouble On and Off the Field....QPR/Bahrein...Fifty Best-Ever Football Books....Nardiello

- Visit the QPR Report Messageboard for additional articles and views (yours welcome!) In particular: The Fifty Best Football Books (of "All Time")

Scott Sinclair?
"Wolves, Birmingham, QPR and Crystal Palace are all battling to sign Chelsea's teenage winger Scott Sinclair on loan in January. (Daily Mirror) BBC Gossip

The Mirror: Birmingham and Wolves to battle to take Scott Sinclair
Wolves boss Mick McCarthy faces a battle with promotion rivals Birmingham for Chelsea winger Scott Sinclair. McCarthy wants Sinclair for a loan move in January to strengthen his title challenge. But Brum, QPR and Crystal Palace will also attempt to sign the 19-year-old. Mirror

Vital Football QPR's Analysis of the QPR Squad
- 'The first part of Superhoop50`s analysis focuses on the R`s defensive unit...
Vital Football QPR

QPR Official Site Reports on its Bahrein Activities - "Football in the Community - Bahrein Report


Two Year Ago December 16, 2006
QPR's Fifth Consecutive Loss: QPR 0 Wolves 1 before a crowd of just over 12,000. Wolves goal from Michael Knightly making his debut on loan from Grays (a player QPR clearly missed out on). QPR's team: Royce, Milanese, Rehman, Mancienne, Bignot, Rowlands, Smith, Gallen, Bircham (Furlong 65), Blackstock, Jones. Subs: Cole, Ward, Baidoo, Bailey. QPR 0 Wolves 1 Match Reports

After the Game: Very Strong Gregory Comments -
"...We're in trouble - serious trouble. "We enjoyed a period of brief respite when we jumped up to mid-table, but make no mistake; we're in big trouble now" (Official Site)
"...Today said a lot about us....After they scored, we showed a lack of quality and our delivery was awful....Some of my players are out of contract at the end of the season...That means six more paydays and then they might be out of work. If that was me, I’d be frightened to death..." (Sunday Times) OR! "Some of the boys who played today have six more pay packets until the end of the season and could be out of work...That would frighten me to death. They should realise they are playing for their livelihood and we need to withhold judgement until the end of the season." (People)

League Table - December 2006
Crystal Palace 23 26
Luton 23 26
QPR 23 24
Barnsley 23 23
Hull 23 20
Leeds 23 20
Southend 23 16

OFF THE FIELD TWO YEARS AGO: Daily Express Story re QPR Finances - eliciting response from QPR.

Daily Express- Saturday, December 16 - By Tony Yorke
- Are Rangers going bust?; -Even Club's Accountants Have Fears for Future

Accountants at debt-ridden Queens Park Rangers have warned the club that they may ha ve broken the law in their desperate attempt to avoid going bust.
- The Daily Express has discovered the amazing confession in financial documents filed last month at Companies House - the government agency reporting directly to the Department of Trade and Industry.
- Recording debts to the tune of GBP 19million, an annual income of just GBP 8.5m and losses that are running at GBP 4.32m, auditors Rothman Pantall & Co have chosen to paint a very bleak future picture of the struggling Championship club, who are run by colourful chairman Gianni Paladini.
- They expose the current accounts of Queens Park Rangers Football & Athletic Co - the company who run the football side of the QPR business - as being worthless because there is no "evidence" to back up the club's claims.
- And they say the club's financial statements - lodged with the DTI an incredible 16 months late - may have been prepared improperly. If true, this would be a clear breach of the Companies Act and regarded as a criminal offence.
- "We have had problems and the accounts have been a mess, " Paladini said yesterday. "But the issues we have faced have not been of my making.
"They are the results of the actions of the club's former directors. I am simply the man who has been left to pick up the pieces - which has included raising 6m [pounds[ since September 2005 so we can pay our way.
- "Without that money, we would have been forced to call in the administrators because our losses have simply been so great. But we have not been insolvent, I guarantee that." But Paladini's reassurances may not have the desired effect on officials from the Football League and the DTI.
- They will be very concerned by the claim that evidence provided by the club's board - including current and past directors - cannot not be relied upon, particularly over the club's assertion that they are a "going concern" and have not traded while bust.
- And their own accountants have delivered a damning indictment on the business credentials of the club's board.
- "We planned our audit so as to obtain all of the information and explanations considered necessary in order to provide us with sufficient evidence to give reasonable reassurance that the financial statements are free of material mis-statement, whether caused by fraud or other irregularity or error, " say the accountancy firm.
- "But the evidence available to us to confirm appropriateness of preparing the financial statements on the going concern basis was limited. This is because the company have not prepared any profit or cash flow projections for the appropriate period subsequent to the balance sheet date." As a result, they say, they have been "unable to form a view" as to whether the club are a going concern. They also could not offer an opinion as to whether the statements gave a true and fair state of the company's affairs or if they had been properly prepared.
- Senior sources within the game's top brass and the DTI suggest they may be forced to act. "We are monitoring the QPR situation very closely and have spoken to the club about the restructuring of their debts, " said a Football League spokesman. "If we find out that Rangers have broken the rules then we will act." It is difficult to assess just how bad Rangers' financial affairs are because the figures released by the club on November 15 relate to the period ending May 31 2004 and are hopelessly out of date.
- However, a well-placed finance director at a Premiership club who has seen the Rangers accounts, said: "There is a golden rule when it comes to football finances - you must avoid getting in over your heads at all costs.
- "It goes to another level when your own accountant reports publicly that there is no evidence to back up important financial claims - and that the club may have breached the Companies Act.
- "If that was to happen at my club, we would expect to be under formal investigation by the DTI and the League." Regardless of what might happen with the League and the DTI, Paladini has pledged to ensure things are done by the book in future.
- "I have had professional people around me and relied on them to do things properly and on time, " he said. "That hasn't always happened. But you have my word that it will do now. From now on our accounts will be sorted out on time." (Daily Express, December 16)

QPR Official Site: Official Club statement by Antonio Caliendo and Gianni Paladini.
- We owe it to QPR fans to respond to the allegations made in the Daily Express on Saturday in an article entitled "Are Rangers Going bust?"
- The article was misleading in many respects and we can assure our many supporters that there is no possibility of QPR going bust whilst we remain on board.We have seen too many attacks on QPR in the press that simply don't reflect the reality of today's situation. It seems there is always someone who wants to discredit our club.
- Our goal remains the same as always: to take QPR to the highest position in English football. Despite injuries and recent results, we believe John Gregory will be able to take QPR back to the position it was in when he played for the Club.
We accept that talk is cheap. Actions speak louder than words. We will only ever prove our critics wrong by taking the Club forward, and we are 100 per-cent committed to continuing with that.
- Finally, we would also like to take this opportunity to wish all of the staff and fans of QPR a very happy Christmas and a successful New Year.
Antonio Caliendo - Chairman of QPR Holdings Gianni Paladini - Chairman of QPR FC QPR Official Site QPR QPR Report

December 2008! Blackpool Gazette - Nardiello itching for Seasiders chance
DANIEL Nardiello is as fit as he's been since arriving at Blackpool and itching for a first team chance.
The striker has – touch wood – finally overcome the injury problems that have dogged him since he signed for the Seasiders from QPR at the start of the season.
He has been confined to two brief substitute appearances from the bench so far, spending the majority of his time undergoing treatment in the physio's room.
But the 26-year-old, described by many in the Blackpool squad as the best natural finisher at the club, is training at full pelt and believes he is ready for action.
Manager simon Grayson said: "Daniel has trained a lot recently and he is itching to get back into the squad. He won't be 100 per cent but if we need him he is there to be called upon.
"I'm delighted for the lad because he has had a real tough time since he came here and it's no fun to arrive at a new club and to then have to deal with being out injured for three or four months.
"He's probably as fit as he's been and hopefully he'll stay that way."..

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