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Sky sports coverage of the rise and fall of Swansea 19:06 - Feb 5 with 15105 viewsmagicdaps10

Anyone seen it?

Just received a message about it and by all accounts our net spend was highlighted by them as -60m.

Makes you wonder how someone could create such a mess that we are witnessing if the claim by sky is true.

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Sky sports coverage of the rise and fall of Swansea on 19:09 - Feb 5 with 9212 viewsDarran

-£61million actually.

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Sky sports coverage of the rise and fall of Swansea on 19:11 - Feb 5 with 9193 viewsthornabyswan

Yes I saw it _61 million net spend.
Does not include sacked managers wages agents fees or loans though.
But even with all that the 70 million black hole is hard to fathom.

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Sky sports coverage of the rise and fall of Swansea on 19:13 - Feb 5 with 9164 viewsDarran


The first ever recipient of a Planet Swans Lifetime Achievement Award.
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Sky sports coverage of the rise and fall of Swansea on 19:16 - Feb 5 with 9122 viewsGlyn1

Doesn't this mean that the club saved £61 million rather than losing it? If these are the cost-cutting measures taking effect, and we're still safely in mid-table with still the possibility of a good FA Cup run and a chance at squeezing into the Play-Offs, then isn't this a good thing rather than a bad thing?

[Post edited 5 Feb 2019 19:19]

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Sky sports coverage of the rise and fall of Swansea on 19:18 - Feb 5 with 9107 viewsAndy1300

Sky sports coverage of the rise and fall of Swansea on 19:16 - Feb 5 by Glyn1

Doesn't this mean that the club saved £61 million rather than losing it? If these are the cost-cutting measures taking effect, and we're still safely in mid-table with still the possibility of a good FA Cup run and a chance at squeezing into the Play-Offs, then isn't this a good thing rather than a bad thing?

[Post edited 5 Feb 2019 19:19]


Yes, spent less than sold = profit

Number 1 team in Wales

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Sky sports coverage of the rise and fall of Swansea on 19:19 - Feb 5 with 9086 viewsDwightYorkeSuperstar

Does that 'spent' figure include players like Gomis who technically cost £0 but likely saw £16m+ in wages?

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Sky sports coverage of the rise and fall of Swansea on 19:21 - Feb 5 with 9058 viewsthornabyswan

Sky sports coverage of the rise and fall of Swansea on 19:19 - Feb 5 by DwightYorkeSuperstar

Does that 'spent' figure include players like Gomis who technically cost £0 but likely saw £16m+ in wages?


Or Sanches Abraham loans

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Sky sports coverage of the rise and fall of Swansea on 19:27 - Feb 5 with 9002 viewsswan65split

Sky sports coverage of the rise and fall of Swansea on 19:19 - Feb 5 by DwightYorkeSuperstar

Does that 'spent' figure include players like Gomis who technically cost £0 but likely saw £16m+ in wages?


16mill wages!!!!.........I was in the wrong job!,,,,,,and we both did the same thing , stand still a lot, and fall down easily Feckme!
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Sky sports coverage of the rise and fall of Swansea on 19:27 - Feb 5 with 8999 viewslonglostjack

Sky sports coverage of the rise and fall of Swansea on 19:11 - Feb 5 by thornabyswan

Yes I saw it _61 million net spend.
Does not include sacked managers wages agents fees or loans though.
But even with all that the 70 million black hole is hard to fathom.


This.

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Sky sports coverage of the rise and fall of Swansea on 19:32 - Feb 5 with 8949 viewsOldjack

Sky sports coverage of the rise and fall of Swansea on 19:11 - Feb 5 by thornabyswan

Yes I saw it _61 million net spend.
Does not include sacked managers wages agents fees or loans though.
But even with all that the 70 million black hole is hard to fathom.


the 70 mill black shtye hole is a myth

Prosser the Tosser dwells on Phil's bum hole like a rusty old hemorrhoid ,fact You Greedy Bastards Get Out Of OUR Club!

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Sky sports coverage of the rise and fall of Swansea on 19:38 - Feb 5 with 8882 viewsJACKMANANDBOY

Sky sports coverage of the rise and fall of Swansea on 19:27 - Feb 5 by swan65split

16mill wages!!!!.........I was in the wrong job!,,,,,,and we both did the same thing , stand still a lot, and fall down easily Feckme!


You aren't offside enough.

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Sky sports coverage of the rise and fall of Swansea on 19:40 - Feb 5 with 8864 viewsexiledclaseboy

From what I saw it was based on transfer fee values only. Mostly meaningless other than to highlight how shit we’ve been at buying players over the last three years.

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Sky sports coverage of the rise and fall of Swansea on 19:43 - Feb 5 with 8822 viewsJACKMANANDBOY

Sky sports coverage of the rise and fall of Swansea on 19:40 - Feb 5 by exiledclaseboy

From what I saw it was based on transfer fee values only. Mostly meaningless other than to highlight how shit we’ve been at buying players over the last three years.


So in the income in that period would have been c +. £300m? With a net spend of +61M means my wife is actually quite good with her credit card.

[Post edited 5 Feb 2019 19:47]

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Sky sports coverage of the rise and fall of Swansea on 19:49 - Feb 5 with 8772 viewsthornabyswan

Sky sports coverage of the rise and fall of Swansea on 19:40 - Feb 5 by exiledclaseboy

From what I saw it was based on transfer fee values only. Mostly meaningless other than to highlight how shit we’ve been at buying players over the last three years.


Takes some doing to be in the crap with them figures.
TV revenue even with the drop after relegation.
should have covered wages.

But with Lisa confirming this afternoon on another thread that the books seen by the Trust do not show sufficient detail to spot any wrong doing

There remains suspicion amongst the majority of the supporters.

Where do we go from here
The Trust need to get the vote for legal action going as soon as possible.

No matter what bull the Yanks come out with.

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Sky sports coverage of the rise and fall of Swansea on 19:56 - Feb 5 with 8703 viewsjasper_T

Transfer net spend means very little.
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Sky sports coverage of the rise and fall of Swansea on 19:58 - Feb 5 with 8683 viewsswan65split

Sky sports coverage of the rise and fall of Swansea on 19:38 - Feb 5 by JACKMANANDBOY

You aren't offside enough.


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Sky sports coverage of the rise and fall of Swansea on 20:17 - Feb 5 with 8563 viewsjack247

Sky sports coverage of the rise and fall of Swansea on 19:19 - Feb 5 by DwightYorkeSuperstar

Does that 'spent' figure include players like Gomis who technically cost £0 but likely saw £16m+ in wages?


Yes. I think Ayew was the same first time round.
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Sky sports coverage of the rise and fall of Swansea on 20:17 - Feb 5 with 8560 viewsmagicdaps10

Sky sports coverage of the rise and fall of Swansea on 19:56 - Feb 5 by jasper_T

Transfer net spend means very little.


It hardly means very little but to be fair, it does not show the black and white of the finances.

There is obviously a big hit with relegation but there is no way taking into accounts the parachute payments that there is a 70m black hole......absolutely no way.

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Sky sports coverage of the rise and fall of Swansea on 20:20 - Feb 5 with 8533 viewsthornabyswan

Sky sports coverage of the rise and fall of Swansea on 20:17 - Feb 5 by magicdaps10

It hardly means very little but to be fair, it does not show the black and white of the finances.

There is obviously a big hit with relegation but there is no way taking into accounts the parachute payments that there is a 70m black hole......absolutely no way.


Were we in the black when they bought us.

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Sky sports coverage of the rise and fall of Swansea on 20:22 - Feb 5 with 8519 viewsAngelRangelQS

Sky sports coverage of the rise and fall of Swansea on 20:17 - Feb 5 by magicdaps10

It hardly means very little but to be fair, it does not show the black and white of the finances.

There is obviously a big hit with relegation but there is no way taking into accounts the parachute payments that there is a 70m black hole......absolutely no way.


When we were spending very little on transfers but selling players at profit, 80% of our turnover was being spent on wages.

What do you suppose has happened over the last few years to that figure and the impact that's had on our finances?

I'm not sure where the figure of £70m has come from but surely nobody thinks we have been in profit over the last few years?
[Post edited 5 Feb 2019 20:23]
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Sky sports coverage of the rise and fall of Swansea on 20:37 - Feb 5 with 8402 viewsmonmouth

Sky sports coverage of the rise and fall of Swansea on 19:32 - Feb 5 by Oldjack

the 70 mill black shtye hole is a myth


Indeed, and one that seems to be becoming accepted wisdom very quickly.

Could be true, could be shite, but it most certainly is not a fact.

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Sky sports coverage of the rise and fall of Swansea on 20:39 - Feb 5 with 8368 viewsJACKMANANDBOY

Sky sports coverage of the rise and fall of Swansea on 20:37 - Feb 5 by monmouth

Indeed, and one that seems to be becoming accepted wisdom very quickly.

Could be true, could be shite, but it most certainly is not a fact.


A figure close to what the Yanks paid.


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Sky sports coverage of the rise and fall of Swansea on 20:43 - Feb 5 with 8347 viewsthornabyswan

Sky sports coverage of the rise and fall of Swansea on 20:39 - Feb 5 by JACKMANANDBOY

A figure close to what the Yanks paid.



Indeed 2 million more.
Why don't the Trust inspect the books oh hang on.

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Sky sports coverage of the rise and fall of Swansea on 20:55 - Feb 5 with 8255 viewsmagicdaps10

Out of curiosity, what is our first payment in regards to parachute payments!?.....40m.

The average cut in income from premier league to championship is 50%.....120m would drop down to 60m.

Do the maths! Where the fook has 70m come from aside the mouth of the all knowing idiot who posts on this site.

If the figure were true, we would have been in financial ruin if we stayed in the premier league for the foreseeable future.

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Sky sports coverage of the rise and fall of Swansea on 20:55 - Feb 5 with 8243 views_

Sky sports coverage of the rise and fall of Swansea on 20:37 - Feb 5 by monmouth

Indeed, and one that seems to be becoming accepted wisdom very quickly.

Could be true, could be shite, but it most certainly is not a fact.


Could be true but not a fact. OK.

You're all out of time....the past was yours but the future's mine.
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