How much can Queens Park Rangers spend under SCR?

Queens Park Rangers has a guaranteed SCR spending limit of £22m — 85% of estimated football revenue of £25.9m. If the owner uses the full equity top-up, the ceiling rises to £37m.

What is Queens Park Rangers's SCR headroom?

Queens Park Rangers's estimated SCR headroom is −£1.8m — the difference between their guaranteed 85% limit of £22m and their estimated £23.8m squad cost. With the owner top-up, the max allowance rises to £37m.

EFL Squad Cost Ratio

How much can Queens Park Rangers spend?

Under the EFL's Squad Cost Ratio rules, Queens Park Rangers have a guaranteed spending limit of £22m — 85% of estimated football revenue of £25.9m. Against their estimated squad cost that is £1.8m short. If the owner injects the maximum top-up (£15m/season), the ceiling rises to £37m.

Queens Park Rangers: the SCR breakdown

Estimated revenue (football) reported £25.9m
85% SCR limit (no owner top-up) £22m
Estimated squad cost reported £23.8m
Headroom vs 85% limit −£1.8m
+ Max owner equity top-up (if used) £15m
Max spending allowance (with top-up) £37m
Headroom vs max allowance +£13.2m

Balanced - squad cost is 91.9% of revenue

What this means

On these estimates, Queens Park Rangers are spending above the 85% Green Threshold but within reach of it - the kind of position the owner top-up allowance is designed to cover. Manageable, but not unlimited.

Old rules vs new: PSR compared to SCR

Under the old PSR system, clubs were judged on total losses over three years, not on what they spent on the squad as a share of revenue. Here's how QPR's position compares under both sets of rules.

Old PSR (loss-based)	New SCR (revenue-based)
3-year losses: −£33.8m estimated Limit: £39m Headroom: +£5.2m 2022/23–2024/25 (Championship)	Squad cost: £23.8m 85% limit: £22m · Max (with top-up): £37m Headroom: −£1.8m Based on £25.9m revenue

Known losses of £13.5m (2023/24) and £20.3m (2024/25) = £33.8m over two years. Trajectory suggests tight compliance. Relies on shareholder loan conversions (£60m converted to equity over 5 years) to remain within PSR. Net liabilities of £71m.

Note on this club's figures. 2023/24 revenue £25.9m. Staff costs £23.8m (one of the lowest ratios in the division). Sources: Swiss Ramble, matchdayfinance.com, Companies House.
Source.

Compare QPR with another club

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Figures are illustrative estimates from published accounts and public reporting, not official SCR submissions. SCR uses adjusted football revenue, which differs from headline turnover. Last reviewed 2026-05-17. Full rules explainer →