QPR news

Redknapp not worried by QPR finances

March 8, 2013
By Miguel Delaney

Harry Redknapp has reiterated his faith in both the Queens Park Rangers owners and the club's financial situation should they get relegated, despite the club's huge debt.

Harry Redknapp
PA PhotosHarry Redknapp is confident about QPR's chances of staying up

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However, Redknapp has said that the pressure in his current situation at QPR is much greater than trying to finish in the Champions League places with Tottenham Hotspur.

The newly-published accounts for the year ending 31 May, 2012 showed that the QPR wage bill almost doubled from £27.6 million to £58.5 million, resulting in a wages-to-revenue ratio of 90%.

Redknapp, however, stated that the figures were from well before his time and that the club knew exactly what they were doing.

"It's important, obviously. I haven't seen, that was the start of this season was it? When you're a football manager, we're not involved in that side of the business," he said. "We're not involved in players' wages. That's done at a different level to where we work in, the team. We work on Saturday, in the dressing rooms and the team.

"The financial side of it, I don't know. That's up to the people who run the club. They know what they're doing. I really don't know. It's not something that's in the remit of a football manager anymore. It's done at a much higher level than what we work in. If the debts are high then the chairman and the board, they must understand that, they know that. They're not silly men, they're successful businessmen. They know what they're doing."

Redknapp also insisted that recent signings such as Chris Samba had entirely been the decision of chairman Tony Fernandes.

"The two big signings, really, he did all the work in that," he said. "He brought the players to the club. I couldn't really take the credit for that. He met the players, met the agents, he did the deals. He persuaded the players to come which is great for the club. It's up to them. I said before, you couldn't get nicer people than the people running QPR. I mean that genuinely, they're fantastic people."

The Loftus Road side are currently four points off safety, but can significantly cut that gap tomorrow by beating Sunderland at home, since Reading and Aston Villa face off at the same time.

While Redknapp admitted survival would give him "a lot of pleasure", he said the expectation to finish in the top four - which he did twice at Spurs - was an "easy" kind of tension.

"The pressure of being on the top four is much better than the pressure of trying to stay in the division. There's no comparison really. Getting a top-four place is, it's an easy one, it's not a problem," he said.

"I don't think there was any pressure trying to get into the top four at Tottenham. I didn't feel the pressure of that at any time. I always felt, if we could get into the top four, it'd be a great achievement again and that's what we did. Here, staying up, the pressure is much more. You don't want relegation if you can help it. We all know it's going to be difficult but we still have a good chance."