QPR invested heavily under two managers last season in a vain attempt to stay in the Premier League. The full extent of their high-stakes gamble was laid bare this week when club accounts revealed a staggering £65.4 million loss for the 2012-13 season.
Harry Redknapp was brought in to improve the fortunes of a team that were languishing at the bottom of the table under Mark Hughes, but to no avail. He is now marooned in the Championship with a bloated squad and few prospects.
Both Hughes and Redknapp were guilty of reckless spending with over £41m spent on fees last season. Esteban Granero, Loic Remy and Christopher Samba are just three of a whole host of expensive acquisitions QPR made last term. In that time the player wage bill at the club rocketed to £68m - £7m more than QPR's entire income. Put into context, that wage figure is more than Borussia Dortmund who reached last season's Champions League final.