Swansea City : A club with access to millions but can’t spend it ! on 08:09 - Jan 9 with 1885 views | Dr_Winston | "they just haven’t got that much money at hand and have to work hard to protect what they have. It isn’t a reluctance to spend, it’s a reluctance to see the club teeter on the brink as the Swans have been so many times in history and in recent years." A correct and obvious point, yet something that many, many, many people simply can't or won't understand. Mostly those who continually wail about "Investment!" and "Ambition!" and bitch that managers haven't been backed. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
| |
Swansea City : A club with access to millions but can’t spend it ! on 08:18 - Jan 9 with 1849 views | Thornburyswan | Decent article Keith & shortly the 2022 loss of £4.6M drops out to be replaced with the 06/24 figure. | | | |
Swansea City : A club with access to millions but can’t spend it ! on 09:16 - Jan 9 with 1706 views | guthrieintherain |
Swansea City : A club with access to millions but can’t spend it ! on 08:18 - Jan 9 by Thornburyswan | Decent article Keith & shortly the 2022 loss of £4.6M drops out to be replaced with the 06/24 figure. |
Good article Keith am I right in thinking that 17.9 figure for last year is a bit lower than that then due to accadamy funding and the ladies team . But it seems to me money is tight for January. But there will be some leverage in the summer when we move players out. | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 09:49 - Jan 9 with 1609 views | Whiterockin |
Swansea City : A club with access to millions but can’t spend it ! on 08:18 - Jan 9 by Thornburyswan | Decent article Keith & shortly the 2022 loss of £4.6M drops out to be replaced with the 06/24 figure. |
Which means we can have a maximum loss of about £10M after £13.2M and £17.9M of the previous two seasons. Haven't we had the Piroe money in this financial year to soften the hit, I know it was used to satisfy the charges against the company but it should still be a positive in P&S. | | | |
Swansea City : A club with access to millions but can’t spend it ! on 09:55 - Jan 9 with 1577 views | guthrieintherain |
Swansea City : A club with access to millions but can’t spend it ! on 09:49 - Jan 9 by Whiterockin | Which means we can have a maximum loss of about £10M after £13.2M and £17.9M of the previous two seasons. Haven't we had the Piroe money in this financial year to soften the hit, I know it was used to satisfy the charges against the company but it should still be a positive in P&S. |
I think the 2 headline figures include accadamy and ladies teams. So maybe a little higher than that. But Stoke have just reported losses of 31 million for the last 6 months. So they are surely in breech. Cardiff operating losses currently stand at 50 million over the last 3 years. So they could be in trouble as well. [Post edited 9 Jan 10:01]
| |
| |
Swansea City : A club with access to millions but can’t spend it ! on 10:06 - Jan 9 with 1522 views | guthrieintherain |
Swansea City : A club with access to millions but can’t spend it ! on 09:55 - Jan 9 by guthrieintherain | I think the 2 headline figures include accadamy and ladies teams. So maybe a little higher than that. But Stoke have just reported losses of 31 million for the last 6 months. So they are surely in breech. Cardiff operating losses currently stand at 50 million over the last 3 years. So they could be in trouble as well. [Post edited 9 Jan 10:01]
|
But surely we need to go strong on Sunday a good cup run would do wonders for the accounts and put some excitement into the remainder of the season. | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 10:26 - Jan 9 with 1439 views | onehunglow |
Swansea City : A club with access to millions but can’t spend it ! on 10:06 - Jan 9 by guthrieintherain | But surely we need to go strong on Sunday a good cup run would do wonders for the accounts and put some excitement into the remainder of the season. |
Bringing the crowds back would help. To that end , investment is crucial You have to put it in to get it out | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 10:37 - Jan 9 with 1406 views | Whiterockin |
Swansea City : A club with access to millions but can’t spend it ! on 10:26 - Jan 9 by onehunglow | Bringing the crowds back would help. To that end , investment is crucial You have to put it in to get it out |
We can only put in what the EFL rules allow. The club has been very badly run over the last 8 years and will not be turned around overnight. As supporters we all know in what areas we do not have enough quality and where the team needs to be strengthened. But over £30M of debt over the last two financial years has left us very little room to manoeuvre, we will need steady progression to move forward and only then will the crowds return. It could well get worse before it gets better. The stark reality is that even if we were taken over by a rich Arab Sheikh with money to burn, he would not be allowed to just pump £200M into the club. | | | | Login to get fewer ads
Swansea City : A club with access to millions but can’t spend it ! on 10:39 - Jan 9 with 1401 views | guthrieintherain |
Swansea City : A club with access to millions but can’t spend it ! on 10:26 - Jan 9 by onehunglow | Bringing the crowds back would help. To that end , investment is crucial You have to put it in to get it out |
Did you read the article | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 11:17 - Jan 9 with 1288 views | onehunglow |
Swansea City : A club with access to millions but can’t spend it ! on 10:39 - Jan 9 by guthrieintherain | Did you read the article |
Not in full. It might upset me ,so I try not to get upset at my age Frankly, I’m just a fan Nd I don’t run the club . Hopeless am I. | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 11:28 - Jan 9 with 1250 views | KeithHaynes |
Swansea City : A club with access to millions but can’t spend it ! on 09:16 - Jan 9 by guthrieintherain | Good article Keith am I right in thinking that 17.9 figure for last year is a bit lower than that then due to accadamy funding and the ladies team . But it seems to me money is tight for January. But there will be some leverage in the summer when we move players out. |
Those areas aren’t included in any declararion.
This post has been edited by an administrator | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 11:31 - Jan 9 with 1230 views | KeithHaynes |
Swansea City : A club with access to millions but can’t spend it ! on 09:55 - Jan 9 by guthrieintherain | I think the 2 headline figures include accadamy and ladies teams. So maybe a little higher than that. But Stoke have just reported losses of 31 million for the last 6 months. So they are surely in breech. Cardiff operating losses currently stand at 50 million over the last 3 years. So they could be in trouble as well. [Post edited 9 Jan 10:01]
|
Def doesn’t include infrastructure, Ladies or Academy. Those don’t come into P&S declarations. They don’t need to included. Obviously for tax purposes they are. | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 11:33 - Jan 9 with 1212 views | Dr_Winston |
Swansea City : A club with access to millions but can’t spend it ! on 10:39 - Jan 9 by guthrieintherain | Did you read the article |
Doubt it. There is a magic money tree according to some people and they have no understanding of the concept of Profit and Sustainability requirements. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
| |
Swansea City : A club with access to millions but can’t spend it ! on 12:15 - Jan 9 with 1097 views | KeithHaynes |
Swansea City : A club with access to millions but can’t spend it ! on 11:17 - Jan 9 by onehunglow | Not in full. It might upset me ,so I try not to get upset at my age Frankly, I’m just a fan Nd I don’t run the club . Hopeless am I. |
Sit down, have a cup of tea and read it. 👍 | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 14:14 - Jan 9 with 836 views | ReslovenSwan1 | It would be very good for the books of the like of Lissah Wilson Parker and Govea can be permanent fixtures Abdullahi should f be a first teamer by now and Fulton gone. Cotterill is just as good. Vertans have to be standouts not ordinary Joe's. A guy that came of the bench and put away a free kick. This season must be taking medicine due to that horrible 17m. | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 14:21 - Jan 9 with 820 views | ReslovenSwan1 | It would be very good for the books of the like of Lissah Wilson Parker and Govea can be permanent fixtures Abdullahi should f be a first teamer by now and Fulton gone. Cotterill is just as good. Verterans have to be standouts not ordinary Joe's. A guy that came of the bench and put away a free kick. This season must be taking medicine due to that horrible 17m loss. It will be a problem for two economic annual accounts. [Post edited 9 Jan 14:22]
| |
| |
Swansea City : A club with access to millions but can’t spend it ! on 16:46 - Jan 9 with 606 views | EagleEye |
Swansea City : A club with access to millions but can’t spend it ! on 09:55 - Jan 9 by guthrieintherain | I think the 2 headline figures include accadamy and ladies teams. So maybe a little higher than that. But Stoke have just reported losses of 31 million for the last 6 months. So they are surely in breech. Cardiff operating losses currently stand at 50 million over the last 3 years. So they could be in trouble as well. [Post edited 9 Jan 10:01]
|
If only PSR (FFP) was applied fairly for all clubs. There has always been too many loopholes with paltry sentences handed out to those who don’t comply.The likes of Cardiff, Stoke, Leicester, Bournemouth, Forest, Chelsea etc. seem to have been getting away with it for years with hardly any noteworthy punishment whatsoever. The whole circus will remain a farce as long as the EPL holds all the power. | | | |
Swansea City : A club with access to millions but can’t spend it ! on 19:33 - Jan 9 with 416 views | max936 |
Swansea City : A club with access to millions but can’t spend it ! on 16:46 - Jan 9 by EagleEye | If only PSR (FFP) was applied fairly for all clubs. There has always been too many loopholes with paltry sentences handed out to those who don’t comply.The likes of Cardiff, Stoke, Leicester, Bournemouth, Forest, Chelsea etc. seem to have been getting away with it for years with hardly any noteworthy punishment whatsoever. The whole circus will remain a farce as long as the EPL holds all the power. |
Newcastle want to spend billions, but they can't because of FFP. | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 20:08 - Jan 9 with 363 views | RhonddaSwans |
Swansea City : A club with access to millions but can’t spend it ! on 19:33 - Jan 9 by max936 | Newcastle want to spend billions, but they can't because of FFP. |
True true. Makes Man City signing robenio the wrong un spelling is off out with dogs. Looks so crooked now in this system. Man City would still be working their way towards a title now if this system was in place. This ffp crap doesn’t level the playing field we need a new system. Come on the top 6 of the prem is still predictable as is the top 4 of the championship. | |
| |
Swansea City : A club with access to millions but can’t spend it ! on 20:20 - Jan 9 with 338 views | Dr_Winston | The problem is that there isn't really a way to properly Police expenditure at the higher levels of the game. FFP in its first iteration was a stitch up. An obvious plan to pull the ladder up behind the already big and wealthy clubs like your Man Utds, Liverpools, Arsenals and the like and prevent clubs like Man City from doing precisely what they have done. Same basic principle on a European level. To protect the big boys from stade funded interlopers stealing their glory. I can't even really hate Man City for breaking the rules as they stand. They've only done what Jack Walker did at Blackburn. Spend their way into a position where they can challenge the big boys. The rules now have turned football at a certain level into a game for accountants and lawyers, all looking for loopholes to excuse extra spending. Stadium sale and leasebacks, dodgy commercial deals. It's all a bit silly. The one thing that might start forcing a bit of sanity back in, caps on spending in terms of salary and fees won't work either as all it'll do is force the best talent to leagues not covered by them. It wouldn't even work Europe wide unless they wanted the Saudi Pro League to become the strongest in the World. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
| |
Swansea City : A club with access to millions but can’t spend it ! on 20:23 - Jan 9 with 322 views | grabsplatter | Even more reason to make better footballing decisions. Why give Walsh a 3 year contract? Why give Pedersen such a bumper contract when he was at best an average Championship player? Who thought Kuharevych was worth the transfer fee? How much have we wasted on loan players who've barely contributed anything over the last few seasons? If our budget is limited we simply have to stop wasting the money that we have got to spend. | | | |
Swansea City : A club with access to millions but can’t spend it ! on 20:24 - Jan 9 with 320 views | Whiterockin |
Swansea City : A club with access to millions but can’t spend it ! on 20:20 - Jan 9 by Dr_Winston | The problem is that there isn't really a way to properly Police expenditure at the higher levels of the game. FFP in its first iteration was a stitch up. An obvious plan to pull the ladder up behind the already big and wealthy clubs like your Man Utds, Liverpools, Arsenals and the like and prevent clubs like Man City from doing precisely what they have done. Same basic principle on a European level. To protect the big boys from stade funded interlopers stealing their glory. I can't even really hate Man City for breaking the rules as they stand. They've only done what Jack Walker did at Blackburn. Spend their way into a position where they can challenge the big boys. The rules now have turned football at a certain level into a game for accountants and lawyers, all looking for loopholes to excuse extra spending. Stadium sale and leasebacks, dodgy commercial deals. It's all a bit silly. The one thing that might start forcing a bit of sanity back in, caps on spending in terms of salary and fees won't work either as all it'll do is force the best talent to leagues not covered by them. It wouldn't even work Europe wide unless they wanted the Saudi Pro League to become the strongest in the World. |
It's insanity when a league one club spends £15M on a player, yet the majority of championship clubs find it virtually impossible. | | | |
Swansea City : A club with access to millions but can’t spend it ! on 20:30 - Jan 9 with 290 views | Dr_Winston |
Swansea City : A club with access to millions but can’t spend it ! on 20:24 - Jan 9 by Whiterockin | It's insanity when a league one club spends £15M on a player, yet the majority of championship clubs find it virtually impossible. |
Yep. Salary and spending caps only really work in closed systems like the US sports leagues. Nobody who is any good at Baseball is going to earn anything like the same cash anywhere else so how much teams spend can be controlled. How do you do that in a global game like Football? If the Football League and Prem instituted a cap then Serie A would dominate again. Or maybe La Liga. They're not going to do that because they have a product to sell. So we're stuck with this pretence. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
| |
Swansea City : A club with access to millions but can’t spend it ! on 20:47 - Jan 9 with 258 views | Boundy |
Swansea City : A club with access to millions but can’t spend it ! on 14:14 - Jan 9 by ReslovenSwan1 | It would be very good for the books of the like of Lissah Wilson Parker and Govea can be permanent fixtures Abdullahi should f be a first teamer by now and Fulton gone. Cotterill is just as good. Vertans have to be standouts not ordinary Joe's. A guy that came of the bench and put away a free kick. This season must be taking medicine due to that horrible 17m. |
Selling players is all well and good but you need buyers and as far as I'm aware I believe no one has ever been interested in Fulton or Grimes , the others Naughton & Joe I believe will finish their playing careers here . | |
| "In a free society, the State is the servant of the people—not the master." |
| |
Swansea City : A club with access to millions but can’t spend it ! on 21:43 - Jan 9 with 164 views | RhonddaSwans |
Swansea City : A club with access to millions but can’t spend it ! on 20:47 - Jan 9 by Boundy | Selling players is all well and good but you need buyers and as far as I'm aware I believe no one has ever been interested in Fulton or Grimes , the others Naughton & Joe I believe will finish their playing careers here . |
Grimes could have gone to Fulham at one point but chose us. | |
| |
| |