Reports reveal QPR spend more on wages than Atletico Madrid

Atletico Madrid

Research by the Guardian has revealed that Champions League finalists Atletico Madrid had a lower wage bill than QPR during the 2012-13 season.

QPR's financial accounts reveal that, in removing Mark Hughes and hiring Harry Redknapp, the club overspent in an effort to avoid relegation from the Premier League.

Alongside player contracts, chairman Tony Fernandes sanctioned a wage bill of £78m, totalling 128% of the club's entire turnover. As promotion from the Championship is reliant upon the play-offs, the lack of success combined with the large spending nature of the club drew many fans to complain when a report came out that the R's wage bill is higher than that of last seasons Champions League finalists Borussia Dortmund.

And now the London-based club have come under more scrutiny with the Guardian suggesting Atletico's wage bill is reportedly 30% less. The Madrid club have impressed this season, securing a place in the Champions League final, as well as challenging the previously unbreakable dominion of Real Madrid and Barcelona in La Liga. This success is even more impressive considering their reported £54m wage bill has been spent on unestablished stars, with many attributing their success to the man-management qualities of Diego Simeone.

The well-documented financial problems of Atleti - a reported €500m worth of debt has led to necessary cost-cutting - bearing more comparisons with QPR, as the latter have been free to spend large amounts of money on under-achieving players, whilst the former have worked around a debilitating situation to achieve remarkable success.

Even if the Madrid club win both coveted trophies, they will still exist in a weaker financial situation than that at Loftus Road, with Fernandes still pumping money into the club. If promotion is not achieved, the money will be seen as wasted, although it has been hinted that the club are planning for a future built around sustainability, with Loic Remy one of many highly-paid stars that are going to be offloaded this summer.

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