Football

Thomas Hitzlsperger Demonstrates QPR’s Spending Problems On Twitter

Thomas Hitzlsperger Demonstrates QPR’s Spending Problems On Twitter

When Queens Park Rangers were relegated from the Premier League last season, they were somewhat of a laughing stock in football.

Mark Hughes and Harry Redknapp spent countless millions of pounds on players who frequently underperformed, typified by Redknapp’s £12m splurge on ex-Blackburn Rovers centre-half Chris Samba.

By Steven Gyford –@Stevie_Gyf

Today, the extent of the club’s dire financial position was broadcast, ready for the world to gasp in shock and really make a mockery of Financial Fair Play.

QPR announced losses of £65.4m in the last calendar year, a figure that only big-spenders Manchester City and Chelsea have eclipsed.

Worse still, the Hoops find themselves over £175 million in debt and with a mammoth wage bill of £68 million, which wipes out their turnover immediately.

The figures prompted some shocking revelations:

Thomas ‘Das Hammer’ Hitzlsperger saw the above tweet and decided to give his own personal experience with QPR.

It appears as though money does the talking at Loftus Road and it will speak volumes should QPR fail to regain a spot in the Premier League.

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