Redknapp: No financial concerns

Harry Redknapp has faith in the way QPR's financial future is being handled but admits it is vital he plays his part by keeping the club up.

Last Updated: 08/03/13 at 12:20 Post Comment

Harry Redknapp: 'The financial side of it I don't know'

Harry Redknapp: 'The financial side of it I don't know'

Harry Redknapp has faith in the way QPR's financial future is being handled but admits it is vital he plays his part by keeping the club in the top flight.

QPR released accounts this week that showed their wage bill had doubled to £56million in the year to May 31, 2012.

They have since strengthened further with a number of high-earning players brought to Loftus Road, including Loic Remy and Christopher Samba in January.

The outlay has yet to reap its rewards with QPR bottom of the Barclays Premier League with 10 games remaining.

Relegation could have serious implications but Redknapp, who took over in November after Mark Hughes was sacked, is convinced the owners know what they are doing.

"If the debts are high the chairman and the board must understand that," he said.

"They're not silly men, they're successful businessmen. They know what they're doing so I'll leave it to them. It's their business.

"It's important obviously (to stay up). But when you are a football manager we are not involved in that side of the business.

"I've said it a million times, we are not involved in players' wages.

"That's done at a different level to what we work. We work with the team and on the pitch.

"The financial side of it I don't know. Those results were from before I came here."

Redknapp's men meet a Sunderland side not yet out of trouble themselves on Saturday with the former Tottenham boss revealing the signings of Remy and Samba were driven by chairman Tony Fernandes.

"You don't keep going to them and saying you want to bring in this player or that player," added Redknapp.

"The chairman said to me in the window he wanted to make the two big signings.

"He did all the work in doing that. He brought the players to the club. I couldn't really take an awful lot of credit for those signings to be honest.

"He did that. He met the players and the agents. He did the deals and persuaded the players to come to QPR.

"It was great for the club. It's up to them.

"You couldn't get nicer people than the people that own QPR.

"I mean that genuinely. They're fantastic people."


Click here for completely free £10 bet with Sky Bet & £5 free every week


Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Transfer news: Arsenal boss Arsene Wenger prepared to take gamble on Calum Chambers

Arsene Wenger admits signing Calum Chambers from Southampton is somewhat of a gamble, but one he believes will pay off.

Friendly: Raheem Sterling earns Liverpool 1-0 pre-season win over Olympiakos in Chicago

Raheem Sterling scored a lone early goal as Liverpool beat Olympiakos 1-0 in Chicago in the International Champions Cup.

Transfer news: Brendan Rodgers coy as Liverpool's bid for QPR's Loic Remy collapses

Brendan Rodgers has confirmed that Liverpool have pulled out of a deal to sign Loic Remy but refused to clarify why.

Mail Box

Are Pre-Season Tours Really A Problem?

Are pre-season tours really a problem? Liverpool went to Australia last summer and it didn't prevent them from having a good season. Plus, thoughts on LvG and keepers...

It Isn't Easy Supporting Spurs, You Know

We have a long mail about the travails of supporting Spurs, plus Friday thoughts on Marko Marin, marketing, victory v beauty, travelling and vanishing sprays...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property