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  • Swansea's accounts

    Swansea City’s 2019/20 accounts covered a season when they finished 6th in the Championship under head coach Steve Cooper, thus reaching the play-offs, but were eliminated in the semi-final by Brentford. Some thoughts in the following thread #Swans


    on the pitch I think they're a bit lucky to have finished in the playoffs, and anything could happen from here.

    off the pitch, however, they still seem one of the better run championship clubs.

    despite parachute payments reducing, they managed to make a small profit and despite cutting the wage bill significantly they were still competitive in the league.

  • #2
    Re: Swansea's accounts

    The difference is that they produce their own players that they sell on for a profit.
    In that sense, we’re behind them by a couple of years, but it looks like we’re now heading in that direction.

    Comment


    • #3
      Re: Swansea's accounts

      Swansea wether people like it or not has always had a strong football tradition and has always produced good young local talent or rather found it and developed it

      We have a far larger population to draw from and Cardiff is a far bigger city with a huge pool of youngsters mad on football right on its doorstep from inner city Grangetown, Butetown , Riverside etc

      But they never get seen

      Somethings going wrong

      Nathan Blake was born in Cardiff, lived in Newport yet got spotted by Chelsea

      And there are more

      Comment


      • #4
        Re: Swansea's accounts

        Yes, interesting how Swansea have kept their head above water.
        Dont think their supporters will be that happy. Cooper was given nothing to strengthen the team, at a time when the purchase of a decent striker might have made all the difference to them.
        I think we can look forward to a season of austerity ourselves. Highest earners off the book, and saleable assets gone. I dont see how we could resist a big bid for Moore, or even Morrison.

        Comment


        • #5
          Re: Swansea's accounts

          Originally posted by Former Labour leader View Post
          Yes, interesting how Swansea have kept their head above water.
          Dont think their supporters will be that happy. Cooper was given nothing to strengthen the team, at a time when the purchase of a decent striker might have made all the difference to them.
          I think we can look forward to a season of austerity ourselves. Highest earners off the book, and saleable assets gone. I dont see how we could resist a big bid for Moore, or even Morrison.
          Even with a striker it would have been a big gamble, they had a run of lucky results / late penalties etc without that thy could easily have been mid table. They probably didn't think that adding a striker was likely to get them to the top two, therefore not worth going into debt over. FWIW i don't think they would have caught Watford or Norwich.

          Comment


          • #6
            Re: Swansea's accounts

            Swansea regularly sell players for Ł10 million plus, we don't - we can cut wages and costs all we want, but our pitiful record when it comes to producing our own, sellable, talent in recent years, plus the fact that it is rare for any of our signings to be sold at a profit puts us at a huge disadvantage compared to Swansea. Not having anyone bar Liverpool and Arsenal (with a one off) loan us players (our style of play may not help us when it comes to clubs letting their good young players come here) doesn't help either. At last, there are signs that we're willing to give youngsters a try and Moore is definitely a signing that has worked, while someone like Ng highlights a market that we do seem to be more willing to explore now.

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            • #7
              Re: Swansea's accounts

              Originally posted by Former Labour leader View Post
              Yes, interesting how Swansea have kept their head above water.
              Dont think their supporters will be that happy. Cooper was given nothing to strengthen the team, at a time when the purchase of a decent striker might have made all the difference to them.
              I think we can look forward to a season of austerity ourselves. Highest earners off the book, and saleable assets gone. I dont see how we could resist a big bid for Moore, or even Morrison.
              Actually in general they are completely deluded and want Cooper out.

              If they dont go up they will blame him.

              Comment


              • #8
                Re: Swansea's accounts

                Originally posted by Rjk View Post
                https://twitter.com/SwissRamble/stat...808203267?s=19

                on the pitch I think they're a bit lucky to have finished in the playoffs, and anything could happen from here.

                off the pitch, however, they still seem one of the better run championship clubs.

                despite parachute payments reducing, they managed to make a small profit and despite cutting the wage bill significantly they were still competitive in the league.
                as an aside, I'm not sure why our numbers aren't on that thread? perhaps they're just too depressing

                Comment


                • #9
                  Re: Swansea's accounts

                  They like us, will be hit hard next season with no parachute payments. It does seem that they do profit from incoming transfer fees, whereas we are always buying players at inflated fess and paying them high wages. It seems Mr Tan is now fed up of this approach and we will need to be very careful going forward. The problem for Swansea is when the sales stop, but the will offload Ayem and his high wages this summer.

                  We've had a financial advantage over most other clubs this season and didn't;t make it count. Mind you when we went up up 2017/18 I don't think we had any parachute payments then either? So we will struggle to compete with the likes of Fulham, WBA, Sheffield United etc.

                  Comment


                  • #10
                    Re: Swansea's accounts

                    Originally posted by cardiff55 View Post
                    They like us, will be hit hard next season with no parachute payments. It does seem that they do profit from incoming transfer fees, whereas we are always buying players at inflated fess and paying them high wages. It seems Mr Tan is now fed up of this approach and we will need to be very careful going forward. The problem for Swansea is when the sales stop, but the will offload Ayem and his high wages this summer.

                    We've had a financial advantage over most other clubs this season and didn't;t make it count. Mind you when we went up up 2017/18 I don't think we had any parachute payments then either? So we will struggle to compete with the likes of Fulham, WBA, Sheffield United etc.
                    We had four years of parachute payments after getting relegated in 2013/14. It was a different system.

                    Comment


                    • #11
                      Re: Swansea's accounts

                      Originally posted by cardiff55 View Post
                      They like us, will be hit hard next season with no parachute payments. It does seem that they do profit from incoming transfer fees, whereas we are always buying players at inflated fess and paying them high wages. It seems Mr Tan is now fed up of this approach and we will need to be very careful going forward. The problem for Swansea is when the sales stop, but the will offload Ayem and his high wages this summer.

                      We've had a financial advantage over most other clubs this season and didn't;t make it count. Mind you when we went up up 2017/18 I don't think we had any parachute payments then either? So we will struggle to compete with the likes of Fulham, WBA, Sheffield United etc.
                      Yeah they still had 15m parachute this season, and like us - nothing next.
                      15m is a big reduction, but it is definitely enough to make a significant impact, as most similar clubs revenues are around the 20m mark if you don't include parachute payments (30 m for bigger clubs like leeds or derby)

                      Comment


                      • #12
                        Re: Swansea's accounts

                        Originally posted by LeningradCowboy View Post
                        We had four years of parachute payments after getting relegated in 2013/14. It was a different system.
                        so this will be our first season since 11/12 where we are without premier league money.

                        How many clubs will still have parachute payments next year? probably about half a dozen?

                        Comment


                        • #13
                          Re: Swansea's accounts

                          They have managed cutting their cloth well so far - did they get any compensation for Potter? That would help as well - but have recently taken the decision to downgrade their academy due to costs and aside from potentially Cabango I'm struggling to see which of their players is going to be subject to large bid. Not being able to move Ayew on has helped their short-term but not medium to long term.

                          Swansea could really start to struggle if not promoted this year, and their XG suggests they're the fourth best side going into the playoffs, which might please some on here but would be bad for football in south Wales.

                          I feel like we're a couple of years behind in that desperation has turned us to focusing on youth but investment might not follow post-pandemic and that increases risk of well drying up. Warnock's final two/three transfer windows were poor (not a comment on individuals just overall strategy) and we're not able to move on from his dealings until 2022-2023.

                          Comment


                          • #14
                            Re: Swansea's accounts

                            Originally posted by SLUDGE FACTORY View Post
                            Swansea wether people like it or not has always had a strong football tradition and has always produced good young local talent or rather found it and developed it

                            We have a far larger population to draw from and Cardiff is a far bigger city with a huge pool of youngsters mad on football right on its doorstep from inner city Grangetown, Butetown , Riverside etc

                            But they never get seen

                            Somethings going wrong

                            Nathan Blake was born in Cardiff, lived in Newport yet got spotted by Chelsea

                            And there are more
                            The amount of really decent youth I’ve played against who hailed from the areas you mention sludge is frightening, they just drift away from football in their late teens, no one comes in and develops them.

                            Comment


                            • #15
                              Re: Swansea's accounts

                              Originally posted by LeningradCowboy View Post
                              We had four years of parachute payments after getting relegated in 2013/14. It was a different system.
                              My mistake sorry.

                              Comment

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