Loss expected to increase: QPR's annual accounts show club have still not prepared for life without parachute payments

27 February 2020

QPR
Photo: PA Images The club have now lost a total of around £287.1 million over the past 11 years, but there are the slightest of signs that QPR are reducing their expenses.

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.

Emil Gjerding Nielson nielson@offthepitch.com

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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