Double trouble for QPR

Soccer:The state of QPR's finances has been put under the microscope once again after the club's latest accounts showed their wage bill had doubled to £56million (€64,845,760) even before their spending in the last two transfer windows.

Despite a substantial outlay on players since promotion two years ago, the west Londoners find themselves bottom of the Barclays Premier League with just 10 matches remaining. QPR twice broke their transfer record in January by bringing in Loic Remy and Christopher Samba in a bid to avoid the drop, which led to increased scrutiny over the club’s spending.

That interest will only increase after the release of the club’s accounts for the year ending May 31, 2012. While turnover rose from £34.6million (€40,065.416) to £74million (€85,689,040), wages soared from £27.6million (€31959,616) to £56million (€64,845,760) in a season in which QPR only managed to secure survival on the final day.

A host of expensive players have since arrived at Loftus Road, with summer arrivals such as Park Ji-sung, Julio Cesar and Jose Bosingwa followed in January by Samba and Remy. QPR chairman Tony Fernandes admitted in his directors’ report that the board are “conscious of the need for expenditure to be closely monitored and controlled” but also the need to invest in the playing squad.