Loss expected to increase: QPR's annual accounts show club have still not prepared for life without parachute payments
27 February 2020
The club reduced their loss to £10.4 million in the 2018/19 season, but as it was QPR's final season receiving parachute payments, that loss is expected to almost triple this year.
Having settled a dispute with the EFL in 2018 over breaches of the Profitability and Sustainability rules, QPR could once again face trouble with compliance this season.
On a positive note, the club have managed to decrease their wages by around £6.5 million.
Despite being relegated to the Championship five years ago, QPR have not managed to adapt to life in the league by becoming financially sustainable without Premier League parachute payments, the club's just-released financial statements for last year show.
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