Queens Park Rangers in financial trouble? Nobody saw that coming! Oh wait…
Following last year’s exorbitant spending spree with the hopes of keeping QPR in the Premier League, the club has announced staggering financial numbers.
Chief owner Tony Fernandes is faced with a knee-buckling $296 million club debt, increasing from $152 million this same time last year.
Those incredible numbers are reportedly due to a massive $121 million loan from the owners that was injected to help save the club’s Premier League status.
Despite shelling out transfer fees of $20.8 million for Chris Samba and $14.6 million for Loic Remy, the attempt failed and they were unable to stave off relegation.
The wage bill also increased massively (from $97 million to $130 million) during that time, in part thanks to the acquisition of players such as Julio Cesar, Ji-Sung Park, Jose Boswinga, Esteban Granero, and Andy Johnson.
Rangers only reported earnings of $101 million, mostly from Premier League television payouts.
The news will not just have an affect on Fernandes’s wallet; according to the Telegraph, QPR would face a lengthy transfer embargo under the new Financial Fair Play rules if they remain in such massive debt.
In addition, they would reportedly be facing fines up to $83.6 million in addition to a possible embargo. The Financial Fair Play rules are meant to push clubs to sustain a relatively equal level of income and expenditure.
The situation reeks of the same red flags leading to Portsmouth’s untimely demise a few years back, a nightmare scenario for Pompey that has seen them drop from the Premier League all the way into the dangerous waters of potentially dropping out of the Football League altogether. Harry Redknapp was also the manager of Portsmouth during the spending spree that ultimately led their plummet down the leagues.
Redknapp has stated that the wage bill could be slashed this summer to get the club more in line with the Financial Fair Play rules. Many of the high earners at the club have since departed or been loaned out, but high-earners such as Joey Barton and Shaun Wright-Phillips remain.
Clint Dempsey to Fulham: A fake FAQ with real answers about the U.S. captain’s loan
Let’s pretend you didn’t know Clint Dempsey was going back to Fulham. Or maybe you’re a Premier League fan that doesn’t follow Major League Soccer, an MLS fan that can’t be bothered with England, or a United States Men’s National Team diehard that just wants to know what “Deuce” has gotten himself into. You may even be the one person who still loves a good FAQ.
Regardless, we’re here to help. With the U.S. captain returning to Fulham, this is as good a time as any to take inventory of what it means, what to expect, and what each party gets out of the deal. How does this benefit Dempsey? Fulham? Seattle, the U.S., and Major League Soccer? There are so many parties to this one, it’s hard to keep track of who has skin in the game.
In what’s likely a futile attempt to address all the issues in one place, here’s a list of real answers to imaginary questions. We start with the basics:
Well, I know who Clint Dempsey is. But I’m trying to make a point. Why should I care about this loan?
Nobody’s asking this, but you don’t have to go far to find somebody in Electron Land who referencing Dempsey’s struggles with Seattle the throw shade on the importance of this move. To that, we retort:
This is the captain of a confederation champion, a team that will be at World Cup 2014. Did we have to point this out? And if we were writing for a Japanese audience, you’d be certain we giving Keisuke Honda’s move to Milan more attention. (Seriously: I should have written something more on that.)
That team happens to be the U.S.A. People tend to pay attention. Especially around these parts.
Over Dempsey’s final three years Premier League season, he averaged 12 goals per campaign. And it’s not like this guy’s a No. 9. That’s 12 goals from what’s essentially a supporting striker/attacking midfielder. That’s a goal every 234 minutes or 14.6 during a full 38-game season. So yeah, he was kind a good at goals, and stuff.
This is a Cottagers legend returning home. Nobody’s scored more Premier League goals for Fulham. The especially bitter Fulham faithful may remember him forcing a move to Tottenham. Most are relishing the chance to get some goals back, because …
Fulham needs help. The Cottagers are in 19th. They’ve scored 17 goals in as many games, and their best attacker (Dimitar Berbatov) is a daily feature in rumor roundups in three countries.
How many games should we expect to him play?
Fulham’s announcement doesn’t specify an exact date Dempsey will return to Seattle, but let’s take them at their word and assume Feb. 24 will be his last day in West London. That makes him eligible for a whopping 11 games, starting with Fulham’s visit to Norwich on Thursday:
Dec. 26, at Norwich City*
Dec. 28, at Hull City*
Jan. 1, vs. West Ham
Jan. 4, at Norwich City (FA Cup)
Jan. 18, at Arsenal
Jan. 28, at Swansea City
Feb. 1, vs. Southampton
Feb. 9, at Manchester United
Feb. 12, vs. Liverpool
Feb. 22, at West Bromwich Albion
There are also FA Cup dates on Jan. 25 and Feb. 15. Maxed out, Dempsey could play 13 games for Fulham, though that means making an appearance at Carrow Road on Boxing Day.
* – It’s unlikely Dempsey will be registered to play these two games, with the transfer window officially opening on Jan. 1. The video below (spoiler) is iffy on it, with the interviewer hinting it’s a possibility while Dempsey only discussion traveling to the games. As one commenter astutely pointed out, however, one English outlet (the BBC) is reporting he will be ineligible until 2014, so asterisks for all!
Assuming he’ll play, where here will he play?
Interesting assumption. Where you trying to slip that past me, Imaginary Question Asker? Regardless, let’s put that aside for a second and revisit how Dempsey was being used when he left Craven Cottage.
Over his last two years at Fulham, Dempsey went from an almost exclusively wide role to somebody who began seeing more time through the middle, especially later in games. He’d start on the left, play wide until Mark Hughes or Martin Jol started making changes, then move in. Once it became clear Andy Johnson was out of gas, Pavel Pogrebnyak or Bobby Zamora weren’t going to get goals, or the Cottagers just needed Dempsey’s presence in the middle of the park, “Deuce” became as much as a focal point out coming of the back as an opportunist in the final third.
But with Martin Jol gone, it’s unclear how Fulham will play, let alone how they’ll use Dempsey. Over their last three games, Fulham’s use one forward and two wide attackers on top of a three-man midfield, and while Dempsey would be best-suited for one of the wide roles, René Meulensteen’s selections hint he could play through the middle. With Darren Bent still getting limited time while Dimitar Berbatov’s hurt, Dempsey could occupy the lead attacker’s role Adel Taarabt played this weekend, with small army of players (Kieran Richardson, Ashkan Dejagah, Alexander Kacaniklic, Pajtim Kasami, Bryan Ruiz, and Taarabt) as flanking options.
But we’re getting a little ahead of ourselves. First, Dempsey has to show up and work his way into the team, something that may require him getting back into playing shape. Fulham may be struggling for points, but they’re not short of options in Dempsey’s spots. Although his history at Craven Cottage hints Dempsey will likely get playing time, that history may prove irrelevant with a new squad playing under a new coach.
What should we expect, production-wise?
This should really be the last question, right? Screw it. I’m skipping to it. Fulham fans are hoping for the player who scored 29 goals in 74 games over his final two seasons in West London. Others will remember Dempsey scoring a more modest seven times in 29 games for Spurs, while true pessimists are looking at one goal in 12 games for Seattle and projecting a face plant for Deuce’s Premier League return.
For a number of reasons, we can throw the Seattle numbers out the window. Dempsey was never truly healthy, he was playing a role that doesn’t exist at Fulham (tip of a midfield diamond), and the Sounders were in chaos.
A better “guestimate” would look at last Fulham seasons as the best case scenario, note it was two years ago, and see his Tottenham days as a slight return to earth. But that even return to earth (a goal every 285 league minutes) wasn’t such as big drop off from his Fulham heights (a goal every 221 minutes during his final two seasons).
If Dempsey plays 10 games, averaging 75 minutes per, and performs to his capabilities, we’re looking at around three goals. At least, that’s the kind of output his final three Premier League seasons suggest.
So what does this all mean for Dempsey …
Remember: The goal here is to stay sharp, getting some playing time at a top level in during a World Cup year. In that respect, the numbers don’t matter. Whether he scores eight goals or none, the point is to build toward Brazil.
If he gets regular playing time, that’s practically mission accomplished. While keeping his spot means he’ll probably have to produce, the merits of those numbers are for René Meulensteen to decide. The most important number when gauging this loan’s success will be minutes played.
… the U.S. National Team,
Given Jurgen Klinsmann wants his MLS players to stay active, this looks like plus for the national team. But there’s another way to look at it. Fulham’s loan spell gives Dempsey, a 30-year-old not lacking in professional experience, two months worth of injury exposure.
Is that worth it for a player unlikely to improve during the loan? Let’s hold on to that thought.
You always have to balance training against risk, but MLS would give Dempsey three months of competition before the national team assembled for Brazil. Add in the January national team camp and preseason training in February, and Dempsey wasn’t looking at much of an offseason to begin with. This whole idea that players have to go to Europe to stay fresh during the winter break should really get more scrutiny.
Now, back to that thought. Dempsey’s situation is slightly unique. He needs to get his groove back, and for a player that went through a rough return to MLS, West London is Jamaica. And Fulham may be Taye Diggs.
Dempsey doesn’t just need to stay in shape. He’s a key to U.S. success in Brazil. He needs to recapture his form, and in that sense, given what he did in 2009-10 and 2010-11, there was no better offseason destination than Craven Cottage.
This is a low-risk chance for a team to get the club’s most productive Premier League back for two months (insert non-existent “no duh” emoji here). Worst case scenario: He takes playing time from somebody contributing to the team’s 19th place standing. Best case scenario: He goes on another tear, scored five or six times, and helps his former club snare points that could save them from the second division.
… Major League Soccer,
Nothing. At least, it’s unclear this means anything good or bad for MLS. Some will see this as a talent wanting to test himself against competition the league can’t provide. Others will see it as MLS having players the rest of the world still covets. More likely: This is a very specific situation for a somewhat unique player, rendering any broad conclusions meaningless.
… and the Seattle Sounders?
Nothing good, but they knew what they were getting into. They won’t see their most important attacking player until late February. When he returns, he’ll be plopped into a role he didn’t play at Fulham – the most important position in Seattle’s attack (assuming Sigi Schmid stays with a diamond midfield). In a role he struggled with last season, Dempsey will out of practice and unfamiliar with a number of new players around him.
Then, Seattle will lose him again for chunk of the middle of the season. When he returns from Brazil, Dempsey will have played soccer in 21 of the previous 24 months, with the three-month MLS homestretch coming into view. And given the U.S. National Team doesn’t use the same setup as the Sounders, Dempsey will again have to re-adjust to his place behind Seattle’s strikers (assuming he doesn’t master the role between March and May).
That sounds bad, and it’s even worse when you consider how much Seattle’s paying Dempsey this year. Still, MLS’s is a long season. Assuming they can make the playoffs, the Sounders only need to get things together November. Dempsey’s absence (along with Brad Evans’) met force them to focus on that goal.
As their run to first in the West last season showed, a slow start need undermine the campaign. And as their October collapse affirmed, it’s more important to be playing well at the end of the season than in the middle.
Do you have a video of Clint talking about the move? Maybe one where they make him say something awkward and Texas-y at the end?
Selhurst Park, home to the newly promoted Crystal Palace FC, will always be a curiously special place personally.
On annual trips into England to take in matches – typical planning means identifying as many contests around London as possible, just for ease of logistics – gritty little Selhurst Park was once a regular stop. Not for any particular reason; that’s just the way the schedule seemed to break.
But you don’t really care about that, do you? You can’t look like a proper authority on the English game based on that flimsy noodle of info.
Here, then are five things to know about Crystal Palace FC that will make you something of a thinly veiled expert. Feel free to spread these liberally at your next office water cooler gathering, or at happy hour with co-workers between bursts of office gossip about that new looker over in accounting.
Liam Neeson is a fan! And a major one, apparently. The award winning leading man of Schindler’s List, the Star Wars series and a whole bunch of stuff was once a regular around Selhurst in South London. Former Rolling Stones bass man Bill Wyman is, too.
Maybe you don’t know much about Kenny Sansom, but don’t you dare say a bad word about the fellow upon disembarking at the Selhurst stop out of Victoria Station. He’s a legend around there, having begun with Crystal Palace en route to 86 full England national team caps. Before overtaken by Ashley Cole, that was the most ever for an England fullback.
Former English international Andy Johnson was The Man around South London for much of the last decade, a relatively unheralded arrival who went on to score 74 goals for Palace between 2002-2006. He left Everton on a transfer of about $13 million, a club record.
And finally, this craziness happened at Selhurst Park, one of the truly more bizarre incidents ever of English Soccer – and isn’t that covering lots of ground? In 1995, Eric Cantona attempted to flying Kung Fu kick a Crystal Palace fan. Yes. That happened. The Guardian called it The Kick that Stunned Football, and summed it up like this: “The most enigmatic, charismatic footballer in England aims the most shocking, unforgettable and undeniably glamorous kick of the decade.”