#QPR Lost More than 64 Million Pounds in 2012-13

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- The QPR 2012-13 Accounts have been filed

- UPDATE: THE ACTUAL ACCOUNTS

Shout out to  Mats Rydland ‏@MatsRy 3m
@QPRReport If you haven’t seen it already, here’s a link to QPR’s latest accounts: http://www.scribd.com/doc/210939627/QPR-2013 …

According to...The Tweets of....Niall RogersNiall ‏@nrogers959 51s

This is interesting, there is a breakdown of the income. The year we signed Park (Becks of Korea) commercial revenue fell from£4.5m to £3.6m

1. So highlights Turnover £60.6m, Costs £114.6m, profit from player sales £433k, operating loss after interest etc, £65.381m #QPR

    
2. Shareholder financing of £72.7m to buy £41.1m of players that could not keep us in the premier league. #qpr

    
   

   For a club not in debt net debt it £177m up from £91.4m last year. #QPR

    
4.   Niall ‏@nrogers959 24m

   Wow, that's huge. #qpr loss for the year 2012 - 2013 £65.4m !!! Turnover was £60.6m so spent twice as much as earned.

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