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Browsing Archive: April, 2013

QPR need quick Premier League return to avoid becoming a 'zombie club'

Posted by Ed Thompson on Monday, April 29, 2013,

Now that QPR have finally been relegated, it seems an appropriate time to outline the financial implications for the club (and other clubs in the Championship).

Perhaps the best place start is with a projection of the financial position for the club up to the end of next season (i.e. the end of their first season in the Championship):

I should point out that this carries a much heavier ‘health-warning’ than most of my projections – we simply don’t know how successful the club will be in...


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Sunderland's Tullow Oil sponsorship ends amid controversy

Posted by Ed Thompson on Thursday, April 18, 2013,

Sunderland's contentious sponsorship deal with 'Invest In Africa' has hit problems. Amid some confusion, the club's lucrative deal has been cancelled, with the club suggesting the split is 'by mutual consent'. 

Back in July 2012 I wrote an article about Sunderland's new sponsor 'Invest in Africa' - a 'non-profit organisation' backed by Tullow Oil. At the time, many people were surprised by the size of the sponsorship deal which reported as being 'worth £20m a season'. This was a significant i...


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