Harry Redknapp is the latest to jump to QPR’s defence over their January transfer spending with an interesting insurance policy.
Some have said that QPR were reckless last month with the amount they spent on wages and transfers but the club’s manager Harry Redknapp has joined club owner Tony Fernandes in defending their actions.
Redknapp has even suggested an interesting little insurance policy which could work well for the club if they go down; sell star players to the highest bidder.
This may seem like an obvious thing to do but in terms of longevity and the amount of cash QPR would have to make back in terms of lost TV revenue, it seems like the only thing they can do.
“If things don't go well and they (QPR) want to get £12m for Samba then they will do – not a danger. Arsène Wenger said it was a great deal - Rémy, for £7m, I don't think he's a problem either. If he scores a couple of goals, then he's £12m. Tottenham tried to buy him for £18m last year,” Redknapp said as per the Guardian.
Is it a healthy way to look at things? Probably not. Probably not because Redknapp is effectively suggesting the core of the side will be ripped apart to save a bit of money if the club is relegated.
There don’t seem top be too many alternatives because the problem QPR have is that they have several players tied into long contracts on high wages.
It’s the wage aspect that will force sales more than anything else because the money that would come from selling on the better players, would create a massive amount of cash which can be reinvested in the wage structure of the team.
It’s still very much a gamble because QPR are rooted to the bottom of the table but it’s a very long way off from the owner and manager jumping ship and leaving the club with no options.
The high profile players currently at QPR are effectively assets which can be sold to create revenue.
If the club goes down, then they will miss out on a chunk of the £5 billion Premier League TV rights deal so they don’t have a choice.
However, Redknapp has insisted that he will do everything possible to try and drag QPR out of the current situation they are in and Fernandes supports him.
Is this the only policy QPR have to cut their financial losses should they go down?
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