QPR cut losses to £9.8m, but write off £60m of loans
By Paul Nicholson
March 2 – Queens Park Rangers (QPR) have announced reduced losses of £9.8 million for the year ending May 2014 – the season QPR won promotion back to the English Premier League. The previous year QPR had announced the largest loss ever recorded by an English club – £65.4 million to May 2013 – in the season the club were relegated from the top flight.