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Was wondering how much do we get from playing Europe League.
Taken from wiki :
group stage participation in the Europa League awards a base fee of €1.3 million. A victory in the group pays €200,000 and a draw €100,000. Also, each group winner earns €400,000 and each runner-up €200,000. Reaching the knock-out stage triggers additional bonuses: €200,000 for the round of 32, €350,000 for the round of 16, €450,000 for the quarter-finals and €1 million for the semi-finals. The losing finalists receive €2.5 million and the champions get €5 million.[14] First qualifying round: €120,000 Second qualifying round: €130,000 Third qualifying round: €140,000 Play-off round elimination: €150,000 Base fee for group stage: €1,300,000 Group match victory: €200,000 Group match draw: €100,000 Group winners: €400,000 Group runners-up: €200,000 Round of 32: €200,000 Round of 16: €350,000 Quarter-finals: €450,000 Semi-finals: €1,000,000 Losing finalist: €2,500,000 Winners: €5,000,000
group stage participation in the Europa League awards a base fee of €1.3 million. A victory in the group pays €200,000 and a draw €100,000. Also, each group winner earns €400,000 and each runner-up €200,000. Reaching the knock-out stage triggers additional bonuses: €200,000 for the round of 32, €350,000 for the round of 16, €450,000 for the quarter-finals and €1 million for the semi-finals. The losing finalists receive €2.5 million and the champions get €5 million.[14] First qualifying round: €120,000 Second qualifying round: €130,000 Third qualifying round: €140,000 Play-off round elimination: €150,000 Base fee for group stage: €1,300,000 Group match victory: €200,000 Group match draw: €100,000 Group winners: €400,000 Group runners-up: €200,000 Round of 32: €200,000 Round of 16: €350,000 Quarter-finals: €450,000 Semi-finals: €1,000,000 Losing finalist: €2,500,000 Winners: €5,000,000
how do you work '£15.3m Profit' into a chant for Sunday?
Could try
15.3 is a magic number Ya it is, it's a magic number Somewhere in that wonderful Liberty You'll get 15.3 As a magic number The past, the present, the future, Faith, and hope, and charity, The heart, the brain, the body, Will give us 15.3, It's a magic number
15.3 is a magic number Ya it is, it's a magic number Somewhere in that wonderful Liberty You'll get 15.3 As a magic number The past, the present, the future, Faith, and hope, and charity, The heart, the brain, the body, Will give us 15.3, It's a magic number
Tubbs: Will heaven be like Swansea? Edward: Yes, Tubbs. Only... bigger.
Accounts have finally been published by Companies House. The headline figures were given in the attached article so no point going over old ground (although suffice to say it's pretty healthy stuff), however some points to note from the notes (and in no particular order, just the way I'm scrolling down through the doc):
Dividends confirmed at £2m. Some people owe David Conn an apology.
Confirmed that 50k of shares were bought back for £400k. Doesn't state it here but it's Mel Nurse's holding. That means that share capital is reduced to 950k so in essence the existing shareholders see a % increase.
KPMG are now the auditors. I suspect one or two might have some thoughts on them
Wages gone up from £34.5m to £48.7m in 12 months. Now approx 70% of turnover.
Directors paid £423k, of which £250k went to the highest paid (Let's assume Huw). That's a £50k increase on 2012 on both of those amounts.
Club effectively paid £420k to Stadco for stadium expenses.
The transactions with directors notes makes interesting reading. As known, Huw Cooze's company does the programme printing at £150k. Also listed are £70k to the recently mentioned Steve Penny's legal firm and £90k to Leigh Dineen's vending firm. No further detail on those exist. The really interesting one here relates to Martin Morgan ... there is a £3.2m payment to his Jaxx Bay Ltd company. Absolutely no idea what this relates to. Any ideas?
That's about everything I could spot. Every chance I've missed something so interesting to hear from anyone else who's seen them.
Accounts have finally been published by Companies House. The headline figures were given in the attached article so no point going over old ground (although suffice to say it's pretty healthy stuff), however some points to note from the notes (and in no particular order, just the way I'm scrolling down through the doc):
Dividends confirmed at £2m. Some people owe David Conn an apology.
Confirmed that 50k of shares were bought back for £400k. Doesn't state it here but it's Mel Nurse's holding. That means that share capital is reduced to 950k so in essence the existing shareholders see a % increase.
KPMG are now the auditors. I suspect one or two might have some thoughts on them
Wages gone up from £34.5m to £48.7m in 12 months. Now approx 70% of turnover.
Directors paid £423k, of which £250k went to the highest paid (Let's assume Huw). That's a £50k increase on 2012 on both of those amounts.
Club effectively paid £420k to Stadco for stadium expenses.
The transactions with directors notes makes interesting reading. As known, Huw Cooze's company does the programme printing at £150k. Also listed are £70k to the recently mentioned Steve Penny's legal firm and £90k to Leigh Dineen's vending firm. No further detail on those exist. The really interesting one here relates to Martin Morgan ... there is a £3.2m payment to his Jaxx Bay Ltd company. Absolutely no idea what this relates to. Any ideas?
That's about everything I could spot. Every chance I've missed something so interesting to hear from anyone else who's seen them.
[Post edited 13 Mar 2014 10:23]
Does that mean Huws on £5k a week? Assuming of course.
The first ever recipient of a Planet Swans Lifetime Achievement Award.
Accounts have finally been published by Companies House. The headline figures were given in the attached article so no point going over old ground (although suffice to say it's pretty healthy stuff), however some points to note from the notes (and in no particular order, just the way I'm scrolling down through the doc):
Dividends confirmed at £2m. Some people owe David Conn an apology.
Confirmed that 50k of shares were bought back for £400k. Doesn't state it here but it's Mel Nurse's holding. That means that share capital is reduced to 950k so in essence the existing shareholders see a % increase.
KPMG are now the auditors. I suspect one or two might have some thoughts on them
Wages gone up from £34.5m to £48.7m in 12 months. Now approx 70% of turnover.
Directors paid £423k, of which £250k went to the highest paid (Let's assume Huw). That's a £50k increase on 2012 on both of those amounts.
Club effectively paid £420k to Stadco for stadium expenses.
The transactions with directors notes makes interesting reading. As known, Huw Cooze's company does the programme printing at £150k. Also listed are £70k to the recently mentioned Steve Penny's legal firm and £90k to Leigh Dineen's vending firm. No further detail on those exist. The really interesting one here relates to Martin Morgan ... there is a £3.2m payment to his Jaxx Bay Ltd company. Absolutely no idea what this relates to. Any ideas?
That's about everything I could spot. Every chance I've missed something so interesting to hear from anyone else who's seen them.
[Post edited 13 Mar 2014 10:23]
Would the MM payment be related to historic or even current "debt" in financing player deals from the Championship and/or new investment?
If true then there does seem to be a greater need for corporate governance and accountability at senior exec level.
Indeed.
Would like to know how much shopping around went on before we opted for the current printing and vending contracts too.
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.
Maybe it does, but then again? Ridsdale was on £500,000 a year at Cardiff in the Championship and that's a few years back.
Is £423,000 to directors of a multi million pound business excessive? I don't think so.
No but in relative proportion i.e. cost of living in Swansea and the surrounding areas you could live like a king and have far more bang for your buck than say, for example Richmond.
I don't doubt that they have the clubs best interests at heart - but the issue of corporate governance and strategic planning does need looking at, whether we like it it not
Maybe it does, but then again? Ridsdale was on £500,000 a year at Cardiff in the Championship and that's a few years back.
Is £423,000 to directors of a multi million pound business excessive? I don't think so.
But that's Cardiff.
Made this point via Facebook yesterday. When the sums being paid out to directors and shareholders continually increase then the expectations also do.
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.
Would the MM payment be related to historic or even current "debt" in financing player deals from the Championship and/or new investment?
It's not clear. As of 2012, the club owed that company £30k. That also has to be disclosed in the accounts. It's possible but my understanding is that that would have had to be explicitly stated, and it isn't.
Would like to know how much shopping around went on before we opted for the current printing and vending contracts too.
Agree there needs to be appropriate governance to ensure that anyone doing work for the club is doing so because they are the best deal for the club, not because of their position. That has been rather overlooked in the past.
Agree there needs to be appropriate governance to ensure that anyone doing work for the club is doing so because they are the best deal for the club, not because of their position. That has been rather overlooked in the past.
It may be a case of people offering the club a deal because of who they are and that would be grand. If that is the case then a bit more transparency wouldn't hurt.
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.
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