QPR must shed an incredible 26 players this summer after announcing massive losses since last season's relegation.
The Daily Mail says more than 20 players - including high-earners Shaun Wright-Phillips, Jermaine Jenas, Robert Green, Aaron Hughes, Richard Dunne and Bobby Zamora - will see their contracts or loan periods expire this summer.
Those contracted to the club will be released or offered new contracts on significantly reduced terms.
The club have reported a net debt of £177m, up from £91.4m the previous year. Turnover dropped from £64m to £60.6m but wage costs soared from £58.5m to £78m as staff numbers increased from 130 to 164.
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