uttoxram75 Posted March 18, 2014 Share Posted March 18, 2014 QPR have just signed a 5 year deal with Nike worth £45m........do they sell that many shirts to justify such a huge amount? http://www.soccerex.com/industry-news/nike-replaces-lotto-in-five-year-qpr-deal/ Link to comment Share on other sites More sharing options...
TigerTedd Posted March 19, 2014 Share Posted March 19, 2014 Who's it worth £45m to. Have Nike paid them that? Why on earth would Nike pay them that? Sounds like some dodgy shenanigans to get around FFP akin to sponsoring a corner flag for £10m. Arte Fernández and Mr. Nike bbfs. Link to comment Share on other sites More sharing options...
Alph Posted March 19, 2014 Share Posted March 19, 2014 Got to be to do with FFP? Fookin Farcical Promise Link to comment Share on other sites More sharing options...
Dimmu Posted March 19, 2014 Share Posted March 19, 2014 Obviously Harry is needing money for next summer... so as Nike's 45 millions is payed yearly until 2019, watch him spend 60 before August. Link to comment Share on other sites More sharing options...
Ambitious Posted March 19, 2014 Share Posted March 19, 2014 Bizarre that. I don't see what Nike will be getting out of this. Link to comment Share on other sites More sharing options...
Curtains Posted March 19, 2014 Share Posted March 19, 2014 QPR have just signed a 5 year deal with Nike worth £45m........do they sell that many shirts to justify such a huge amount? http://www.soccerex.com/industry-news/nike-replaces-lotto-in-five-year-qpr-deal/ Is this a joke. Link to comment Share on other sites More sharing options...
maydrakin Posted March 19, 2014 Share Posted March 19, 2014 I think the key aspect is worth "up to" £45 million. Could well be based on the fact that they are playing in the Prem and Europe to earn those figures, otherwise it could be substantially less. Link to comment Share on other sites More sharing options...
McRamFan Posted March 19, 2014 Share Posted March 19, 2014 Rubbish not a whiff on BBC or Sky Sports or QPR site Link to comment Share on other sites More sharing options...
rsmini Posted March 19, 2014 Share Posted March 19, 2014 45million won't make a dent in QPR's debt, they will still struggle with FFP Link to comment Share on other sites More sharing options...
AndyinLiverpool Posted March 19, 2014 Share Posted March 19, 2014 Why hasn't this thread been locked? Link to comment Share on other sites More sharing options...
SSD Posted March 19, 2014 Share Posted March 19, 2014 How much do we get from the Kappa deal? Link to comment Share on other sites More sharing options...
DCFC_17 Posted March 19, 2014 Share Posted March 19, 2014 are you serious nike? QPR is a tiny nothing club Link to comment Share on other sites More sharing options...
ramblur Posted March 19, 2014 Share Posted March 19, 2014 45million won't make a dent in QPR's debt, they will still struggle with FFP Debt and losses are 2 different things.FFP relates to the latter,so any significant, fresh (annual) income has a positive impact. Link to comment Share on other sites More sharing options...
ramblur Posted March 19, 2014 Share Posted March 19, 2014 Why hasn't this thread been locked? Harry bought the key. Link to comment Share on other sites More sharing options...
uttoxram75 Posted March 19, 2014 Author Share Posted March 19, 2014 Queens Park Rangers have announced a new kit supply deal with Nike, which will see the US giant replace Lotto Sport Italia at the start of next season. The second-tier English soccer outfit renewed their kit supply deal with Lotto in 2008, but it was confirmed on Monday that Nike will step in as Rangers’ technical partner from the 2014/15 season onwards. The agreement covers all playing and training wear, along with other club-branded apparel. The financial terms of the agreement, which runs until May 2019, were not released. However, there is speculation in the UK’s tabloid press that the contract is worth as much as UK£45 million in total. QPR’s chairman, Tony Fernandes, said: “We are delighted to be entering into this new and exciting partnership with Nike and look forward to working alongside their team over the next five years. Nike is the leading global sports brand and they are a fantastic brand for us to be associated with.” Philip Beard, the club’s chief executive, added: “Nike’s unparalleled research and development capacity, leading global retail distribution networks and award winning marketing capabilities mean that this is a very important step forward in the evolution of the club. We are really looking forward to working together.” QPR's hopes of wearing their new shirts in the Premier League took a huge blow last night, after being soundly beaten by Sheffield Wednesday 3-0. That result leaves them in fourth, ten points behind second placed Burnley, with the play-offs looking more than likely for Harry Redknapp's side. 19th March 2014, 12:39 http://www.footballtradedirectory.com/news/2014/march/championship-qpr-announce-that-nike-is.html? Link to comment Share on other sites More sharing options...
TigerTedd Posted March 19, 2014 Share Posted March 19, 2014 Hmm, that's just the same text copied from the original article. Still joy appeared on bbc, or QPRs own website. Not buying it. Link to comment Share on other sites More sharing options...
ramblur Posted March 19, 2014 Share Posted March 19, 2014 Not buying it. Shade under £45m then. Link to comment Share on other sites More sharing options...
TigerTedd Posted March 20, 2014 Share Posted March 20, 2014 Shade under £45m then. I wouldn't buy QPR sponsorship for .45p. Link to comment Share on other sites More sharing options...
rsmini Posted March 20, 2014 Share Posted March 20, 2014 Debt and losses are 2 different things.FFP relates to the latter,so any significant, fresh (annual) income has a positive impact. not positive enough to be fair as they will never meet the £8million threshold in this years accounts Link to comment Share on other sites More sharing options...
ramblur Posted March 20, 2014 Share Posted March 20, 2014 not positive enough to be fair as they will never meet the £8million threshold in this years accounts Wouldn't argue with that. Link to comment Share on other sites More sharing options...
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