Swansea City Accounts

Net debt in the last accounts was around £26.1m.

The most recent report has now been published resulting in a further £17.9m ( notwithstanding owed transfer fees) which makes their total debt close to £44m.

Considering how much they have received in transfer fees and the 7 years spent in the Premier League, how is any club still economically sustainable, as I always thought they were going to be the business model to follow ?

https://www.swanseacity.com/news/swanse ... accounts-3

Net debt in the last accounts was around £26.1m.

The most recent report has now been published resulting in a further £17.9m ( notwithstanding owed transfer fees) which makes their total debt close to £44m.

Considering how much they have received in transfer fees and the 7 years spent in the Premier League, how is any club still economically sustainable, as I always thought they were going to be the business model to follow ?

https://www.swanseacity.com/news/swanse ... accounts-3

In reality only kept head above water by selling players.. piroe saved them going 25m+ in the red when sold him .... certainly not model to follow as it led to relegation! Should have consolidated instead of selling best players year on year.

Without the recent 10 million investment they were going bust, I know someone very close to the club there in deep trouble like every other club in the championship. The piroe transfer money wasn't all upfront like most tranafer , remember they sold there training ground too recently, I really don't know how championship clubs are surviving without owners who can prop them up like we have at somepoint a club will go bust .

I know the premier league are talking about a salary cap but the championship needs one even more badly !!!!

We bang around he is on £20k a week as if its nothing, its a million pounds a year for a second-tier player, its batshit crazy

I know the premier league are talking about a salary cap but the championship needs one even more badly !!!!

We bang around he is on £20k a week as if its nothing, its a million pounds a year for a second-tier player, its batshit crazy

Agree , it's goy out of control , I think that clubs won't be paying the 20k average much longer .

I know the premier league are talking about a salary cap but the championship needs one even more badly !!!!

We bang around he is on £20k a week as if its nothing, its a million pounds a year for a second-tier player, its batshit crazy

Agree , it's goy out of control , I think that clubs won't be paying the 20k average much longer .

Wages are dropping but it's the relegated clubs that are artificially keeping them high and some others hoping they can break through to premier league... wba for one spending above their means with owner having funny way of doing buisness things

No championship club can make money without selling players

Wages are the big problem..average players are on £12,000 + a week with win bonuses and pension payments etc that adds up to nearly £1 million a year

Completely unsustainable without rich owners!!

No championship club can make money without selling players

Wages are the big problem..average players are on £12,000 + a week with win bonuses and pension payments etc that adds up to nearly £1 million a year

Completely unsustainable without rich owners!!

Spot On .

Karlan Grants car cost £185K.
Feel dead sorry for the likes of Carl Dale who became a spark after football. The game is finished now and hopefully will implode.

Net debt in the last accounts was around £26.1m.

The most recent report has now been published resulting in a further £17.9m ( notwithstanding owed transfer fees) which makes their total debt close to £44m.

Considering how much they have received in transfer fees and the 7 years spent in the Premier League, how is any club still economically sustainable, as I always thought they were going to be the business model to follow ?

https://www.swanseacity.com/news/swanse ... accounts-3

Swansea always get a lot more money when they sell compared to us.

Plus £6mill of our debt last year was interest to all the money we have have borrowed of Dalman, Tan and another company.

I know the premier league are talking about a salary cap but the championship needs one even more badly !!!!

We bang around he is on £20k a week as if its nothing, its a million pounds a year for a second-tier player, its batshit crazy

Agree , it's goy out of control , I think that clubs won't be paying the 20k average much longer .

Our Hierarchy said 3 years ago the max we would pay in wages a week was £12,000 lol

Net debt in the last accounts was around £26.1m.

The most recent report has now been published resulting in a further £17.9m ( notwithstanding owed transfer fees) which makes their total debt close to £44m.

Considering how much they have received in transfer fees and the 7 years spent in the Premier League, how is any club still economically sustainable, as I always thought they were going to be the business model to follow ?

https://www.swanseacity.com/news/swanse ... accounts-3

Swansea always get a lot more money when they sell compared to us.

Plus £6mill of our debt last year was interest to all the money we have have borrowed of Dalman, Tan and another company.

That's not true if you read the accounts tan wrote it all off andvmore , we've effectively never paid any interest due to tans write offs , but dalman has made money through his interest but the over all debt never goes up cardiff as a club effectively don't pay it tan does .

I know the premier league are talking about a salary cap but the championship needs one even more badly !!!!

We bang around he is on £20k a week as if its nothing, its a million pounds a year for a second-tier player, its batshit crazy

Agree , it's goy out of control , I think that clubs won't be paying the 20k average much longer .

Our Hierarchy said 3 years ago the max we would pay in wages a week was £12,000 lol

Didn't hear cardiff officially saying that,only people on here and then in the media tho ,

Swansea could be in the shit, big time as they don't have any major assets to sell in this current squad, do they?

Swansea could be in the shit, big time as they don't have any major assets to sell in this current squad, do they?

They've asset stripped so much over the years that there running out of assets .

Swansea could be in the shit, big time as they don't have any major assets to sell in this current squad, do they?

They've asset stripped so much over the years that there running out of assets .

Their fans always boast about their 7yrs in premier league but all that as done is feed their owners bank account... now got 20+ mouths to feed in the consortium....but where as it got them?
Below us in championship and snapping up under 23s that are cheap to loan or buy.... be interesting to see theirs and other clubs spending in transfer window compared to ours.

Swansea could be in the shit, big time as they don't have any major assets to sell in this current squad, do they?

They've asset stripped so much over the years that there running out of assets .

They sell every year to survive but who's left?

It's like old Mother's cupboard, it's bare and now they will struggle.

As others have said, no Championship club will make money without getting big money for a number of players (very unlikely). Virtually all of them will lose big amounts of money every month.

I have always said that if you want to make money, don’t buy a Premier League or Championship football club.


Part of the problem is that virtually all transfers these days aren’t paid with money up front. They are split over the length of a contract.

People couldn’t understand how Chelsea could spend £1bn on new players over a short space of time recently. But because they give players 8, 9 or 10 year contracts they can split these payments over a long time.

The problem for them is a lot of these players aren’t good enough but they are stuck with them into the 2030s.

As others have said, no Championship club will make money without getting big money for a number of players (very unlikely). Virtually all of them will lose big amounts of money every month.

I have always said that if you want to make money, don’t buy a Premier League or Championship football club.


Part of the problem is that virtually all transfers these days aren’t paid with money up front. They are split over the length of a contract.

People couldn’t understand how Chelsea could spend £1bn on new players over a short space of time recently. But because they give players 8, 9 or 10 year contracts they can split these payments over a long time.

The problem for them is a lot of these players aren’t good enough but they are stuck with them into the 2030s.

Ned the 8/9yr contract as been banned now ... but your right about kids their on 100k+ a week with no incentive to perform to any standard as garaunteed payment regardless.