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SBD Global/April 17, 2013/Finance
Queens Park Rangers Secure $23M Loan From Barclays Bank In Hong Kong
Published April 17, 2013
PLAY FOR PAY: In London, Gary Jacob wrote QPR plan to "introduce incentivised contracts for new players in the summer to overhaul their finances." The club "will offer relatively low basic salaries" which will then be supplemented "by extra payments for appearances," and "possibly linked" to the club's finish. The club expects to be relegated this season and believe the contracts "will be easier to introduce in the npower Championship." The expected problem "will be to persuade players to accept the contracts and to avoid a division with those squad members on existing deals" (LONDON TIMES, 4/17).