SWANSEA CITY START COST CUTTING AS STAFF FACE REDUNDANCY

For the bedwetters among us worried about job losses, any employee that is on say £12-£16k a year will find another job, any employee on say £16- £20k a year, will find another job, £20-£24k should, be able to find another job, if they earn over £24k and can't find another job, then tough luck you have an over average wage and you milked it unless you're qualified, in which case you'll get another job.

I thought, from reading this board for quite a few years, that, if they had an owner like Tan, they'd chase him out of town etc etc.
f**k them, I hope they're liquidated soon, along with the 7 years in the prem, major cup bollocks.

This board is a much better place without those six fingered, peg selling, scum sucking, caravan dwelling, inbred gypos trolling it and giving it the large one, albeit via a keyboard. I have no sympathy whatsover.

I wish harm on no one, but by the same token I'm not going to feel sorry for anybody associated with that shower of shit.

Get your cheque book out Oprah

This board is a much better place without those six fingered, peg selling, scum sucking, caravan dwelling, inbred gypos trolling it and giving it the large one, albeit via a keyboard. I have no sympathy whatsover.

I wish harm on no one, but by the same token I'm not going to feel sorry for anybody associated with that shower of shit.

Strange, what has happened to roathie? see you in league 2

Don’t think it’s a time for point scoring to be honest ordinary people living ordinary lives with families and mortgages are facing redundancy this morning while fat cat owners directors and players past and present live the high life

Agree with this. My dad has been on the payroll for Cardiff for over 25 years and he has had to virtually beg to keep position on more than one occasion back in the 90's. It would have hit us hard as a family had tlhe not built good relationships with certain key figures. Its the only time I will read a post about Swansea's situation and feel saddened.

Don’t think it’s a time for point scoring to be honest ordinary people living ordinary lives with families and mortgages are facing redundancy this morning while fat cat owners directors and players past and present live the high life

Agree with this. My dad has been on the payroll for Cardiff for over 25 years and he has had to virtually beg to keep position on more than one occasion back in the 90's. It would have hit us hard as a family had tlhe not built good relationships with certain key figures. Its the only time I will read a post about Swansea's situation and feel saddened.

With all due respect to you Taff, and your father, who has obviously been a long standing servant to our club.....life moves on.

I'm sure that your Dad would have managed to get himself employed by another company if the bullet was fired.

As I have already stated, I wish ill on no one. But if our little cousins down west fall into an abyss you will not see any tears from me. Good luck fella.

Don’t think it’s a time for point scoring to be honest ordinary people living ordinary lives with families and mortgages are facing redundancy this morning while fat cat owners directors and players past and present live the high life

Agree with this. My dad has been on the payroll for Cardiff for over 25 years and he has had to virtually beg to keep position on more than one occasion back in the 90's. It would have hit us hard as a family had tlhe not built good relationships with certain key figures. Its the only time I will read a post about Swansea's situation and feel saddened.

With all due respect to you Taff, and your father, who has obviously been a long standing servant to our club.....life moves on.

I'm sure that your Dad would have managed to get himself employed by another company if the bullet was fired.

As I have already stated, I wish ill on no one. But if our little cousins down west fall into an abyss you will not see any tears from me. Good luck fella.

Did I not hear they didn’t lay anyone off when relegated? Quite odd, you would expect a few at least. To think they paid bony 5 million a year on his return, plus the fee, a huge amount of wasted money on a player who never even played....madness. Makes our signing of the Dane last time seem like small potatoes if you add up the 100 million they blew on rubbish in the last 2 years...

A slight reduction in a few players wages and the normal part time staff could keep there jobs.
Sell one player and it would pay for the rest of the staff for years

truth be told they have already jettisoned lots of high earners with 9/10 being sold or allowed to leave in the summer and another half a dozen { who cost them between 60 and 70 mill ,so assume they have wages to match } sent out on loan to lighten the wages..and its nowhere near enough..

they have enormous problems..


the premier league is a money pit..

I read they also owe huge amounts on staged transfer payments.
Much of it on players who are worth nothing like what they paid for them.

I guess this includes AndreAyew, Bony & Messa, probably Baston too.

Total fees there are what £50-£60m so if the fees were spread out that could be £15m a season

A slight reduction in a few players wages and the normal part time staff could keep there jobs.
Sell one player and it would pay for the rest of the staff for years

truth be told they have already jettisoned lots of high earners with 9/10 being sold or allowed to leave in the summer and another half a dozen { who cost them between 60 and 70 mill ,so assume they have wages to match } sent out on loan to lighten the wages..and its nowhere near enough..

they have enormous problems..


the premier league is a money pit..

I read they also owe huge amounts on staged transfer payments.
Much of it on players who are worth nothing like what they paid for them.

I guess this includes AndreAyew, Bony & Messa, probably Baston too.

Total fees there are what £50-£60m so if the fees were spread out that could be £15m a season

its frightening mate.. as much as I cant wait for them to be facing re election every time I read stuff about them it brings home that the league we are in is a nightmare, year on year clubs seem to be suckered into over spending more and more. there seems to be no stability in the Premier league for the majority of teams just a bigger and bigger budget until you go down when the sh@@ hits the fan.

Swansea City tell all non-first team staff jobs could go as cost of Premier League relegation continues to hit




"If you wish to apply for voluntary redundancy please let me know."


By Tom Coleman


Friday 22nd March 2019


Swansea City have told employees that they're facing redundancy as the financial cost of Premier League relegation continues to bite.

A letter sent to every member of staff, excluding the playing staff, manager Graham Potter and his coaching staff, informed that the club 'is continuing to see its income reducing' after last year's relegation.

Distributed by the club's hierarchy, the letter encourages those willing to take voluntary redundancy to step forward and asks for suggestions on ways to avoid having to lay-off members of staff.









Part of the letter reads: "Dear Employee,

"I am writing to inform you of the following situation now facing Swansea City Association Football Club and the Swansea Stadium Management Company (the Companies).

"Following Swansea City Association Football Club's relegation from the Premier League in May 2018 the company is continuing to see its income reducing and this will have a significant impact for both Swansea City Association Football Club and Swansea Stadium Management Company.

"After considering all possible options, the Companies have concluded that there is a risk that they will be unable to continue to provide work for all of its employees and that they may therefore have to make redundancies.

"The Companies will continue to explore ways of avoiding compulsory redundancies and minimising the number of employees affected. Both companies will be consulting with representatives of all affected employees in due course.

"Measure which may assist in avoiding compulsory redundancies include offering alternative employment elsewhere within the Group and voluntary redundancy. If you have any suggestions on ways to avoid redundancies, please let me know.

"If you wish to apply for voluntary redundancy please let me know.



"If the Companies are not able to avoid the need for redundancies, they may have to make redundancies across both companies.

"If redundancies are necessary each Company will have to decide which individuals will be selected for redundancy. This would be done on the basis of objective and quantifiable selection criteria that are yet to be established.

"The Companies will carry out a consultation exercise with appropriate representatives of those employees who may be affected.

"The consultation will cover the Companies proposed selection criteria and ways of avoiding or reducing the number of redundancy dismissals and mitigating the consequences of such demands."

In a statement, a spokesman for Swansea City said: “The club can confirm that a comprehensive review of its operations and organisational structure is ongoing. As part of this process all staff have received notice informing them that the review is being undertaken and as a result there is likely to be a reduction in headcount.

“We are hopeful that the offer of an improved voluntary package will limit the impact on staff.

“It has been a difficult decision for the club to take, but these actions are necessary as part of the ongoing attempt to reduce the cost base in line with the significant reduction in revenue as a result of relegation from the Premier League.”

Trevor Birch, a figure known for his financial expertise, has been appointed as the club's new chairman
The financial struggles at the club have been heavily stressed by the club's hierarchy for some time, with chief operating officer Chris Pearlman stating last month: "We have spoken publicly on a few occasions since relegation about the club’s current financial position. Simply stated, our current contractual commitments are higher than our expected income.

"Relegation has seen our annual income this season drop by approximately £60million. That is inclusive of the parachute payments we received from the Premier League."


The club has already made little secret of its cost-cutting approach in terms of playing staff, with Swansea emerging from the last two transfer windows with a profit of nearly £40 million.

The news comes just days after the club appointed Trevor Birch as their new chairman, a figure known for his financial expertise.

However, it's understood the decision was taken before his appointment.

Swansea currently sit 15th in the Championship, and are 10 points adrift of the play-off positions with 10 games to go.

We'll help you out Swansea, we will take Dan James, give you a £1Million, then you can keep all of the tea ladies and cleaners for another few years, everyone's happy until your next relegation

Us Welsh should stick together, it's nice for the big clubs to look after the little ones