QPR to start a run, Harry can still haunt us..

[Vicki Vixen]

I wanted us to get promotion, yes, but was still uncomfortable with the money being thrown about. Even our fans knew we were trying to "buy the league", we weren't oblivious to what was going on. The QPR fans wanted promotion, it doesn't mean they are entirely happy with the way the club is being run or the team is playing.

 

Yeah, Yakubu was a bit of a journeyman, still scored 11 in 20 games though. We made some crap signings, thankfully we learned our lesson and are now being sensible with signings, fees paid and wages offered. There you go Col, WE LEARNED OUR LESSON. We changed, we're doing things differently now.

 

Maybe QPR will do the same, I don't know. For their supporters sake, I hope they do, good club with good fans.

 

It goes in cycles, you have to look back further than a couple of years.

 

I'm sure others on here can add stories from even further back, but if you look back to the O'Neill era, we were a club who achieved a lot despite our finances being managed very tightly.  O'Neill and the Board rarely spent big bucks and most of our squad were on relatively low wages by PL standards.  The situation under O'Neill is not a million miles from where we are today.

 

Once O'Neill left, Taylor came in and threw money around (including the 10m+ we got for Heskey) on excessive transfer fees and gold plated wage packets/contracts with the full support of the Board.  It was crazy times and of course we ended up getting relegated and entered administration.  A lot of teams despised us because they felt we weren't penalised fairly for our financial mis-management - a little like some on here feel about QPR.

 

After lulling around for a few years with people also playing the "we've learned our lesson" card, Sven came on board, the Taylor debacle was all forgotten, and silly money started being thrown around again.  We were extremely lucky not to have had a repeat of the situation in the early 2000's - if it weren't for our owners converting their debt to equity and achieving promotion just at the right time, we would be in a huge mess again.

 

My point is that based on our recent history, we are as guilty as anyone of pushing the boundaries of financial management.  Yes we are in a good place today, with a prudent manager and supportive owners, but to preach all righteous about it and look down on clubs like QPR is just being in complete denial of what we have been through the last 10 years.

[Corky]

It goes in cycles, you have to look back further than a couple of years.

 

I'm sure others on here can add stories from even further back, but if you look back to the O'Neill era, we were a club who achieved a lot despite our finances being managed very tightly.  O'Neill and the Board rarely spent big bucks and most of our squad were on relatively low wages by PL standards.  The situation under O'Neill is not a million miles from where we are today.

 

Once O'Neill left, Taylor came in and threw money around (including the 10m+ we got for Heskey) on excessive transfer fees and gold plated wage packets/contracts with the full support of the Board.  It was crazy times and of course we ended up getting relegated and entered administration.  A lot of teams despised us because they felt we weren't penalised fairly for our financial mis-management - a little like some on here feel about QPR.

 

After lulling around for a few years with people also playing the "we've learned our lesson" card, Sven came on board, the Taylor debacle was all forgotten, and silly money started being thrown around again.  We were extremely lucky not to have had a repeat of the situation in the early 2000's - if it weren't for our owners converting their debt to equity and achieving promotion just at the right time, we would be in a huge mess again.

 

My point is that based on our recent history, we are as guilty as anyone of pushing the boundaries of financial management.  Yes we are in a good place today, with a prudent manager and supportive owners, but to preach all righteous about it and look down on clubs like QPR is just being in complete denial of what we have been through the last 10 years.

 

We have been run very badly in the past, should we do the same now, we will be punished accordingly and I don't have a problem with it. I'd far rather we made an effort to be stable and secure, not spending ridiculous wages (if the £30k a week barrier is true for wages then great, I don't want to be spending £10 million on one player etc). I hope we have contingency plans in place for relegation, I don't want a repeat of administration or a financial meltdown.

 

We spent ridiculous amounts under Sven and I'm glad we stopped in time before it got very difficult and totally out of control. We have to be the worst club for performance when we have large financial backing. We are far better when we have a structure and are relatively sensible with our dealings.

[MC Prussian]

Who gives a shit about them.

I can think of one alleged LCFC supporter who does.

[lcfc1994]

Tell you what though, this thread may come back to haunt us next season.

[Guest Col city fan]

It goes in cycles, you have to look back further than a couple of years.

I'm sure others on here can add stories from even further back, but if you look back to the O'Neill era, we were a club who achieved a lot despite our finances being managed very tightly. O'Neill and the Board rarely spent big bucks and most of our squad were on relatively low wages by PL standards. The situation under O'Neill is not a million miles from where we are today.

Once O'Neill left, Taylor came in and threw money around (including the 10m+ we got for Heskey) on excessive transfer fees and gold plated wage packets/contracts with the full support of the Board. It was crazy times and of course we ended up getting relegated and entered administration. A lot of teams despised us because they felt we weren't penalised fairly for our financial mis-management - a little like some on here feel about QPR.

After lulling around for a few years with people also playing the "we've learned our lesson" card, Sven came on board, the Taylor debacle was all forgotten, and silly money started being thrown around again. We were extremely lucky not to have had a repeat of the situation in the early 2000's - if it weren't for our owners converting their debt to equity and achieving promotion just at the right time, we would be in a huge mess again.

My point is that based on our recent history, we are as guilty as anyone of pushing the boundaries of financial management. Yes we are in a good place today, with a prudent manager and supportive owners, but to preach all righteous about it and look down on clubs like QPR is just being in complete denial of what we have been through the last 10 years.

[DANGEROUS TIGER]

Has it never occurred to you that a lot of people's cynicism towards clubs like QPR comes from the fact we've seen a very similar style fail right in front of our own eyes?

Exactly! It has paid off for them. I always felt Sven could have done it, had he been given the chance. 'Arry has done it, so why not Sven? The board stuck with 'Arry, and hey  presto! Loyalty paid off.

 

You know it makes sense.