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The money available is absolutely sickening, but a billion dollars is the estimate after ancillary add ons. It is possibly far much more. This made me laugh, typical American criteria. No offence for those there but a lot of this is based around commercial success, performance criteria etc. I assume that means more money the further you go up to 125M for winning it.
Quote : "If you win the FA Cup, the oldest domestic competition in world football, you get through £3.9m. But of course, winning the FA Cup, you don't want to win the FA Cup just for money, you want to win it for the prestige. If you win the Premier League, that is worth around £176m. The Champions League, the new format, it's estimated that you could earn up to £135m, if you win it, but that is for playing up to 15 games, and the club World Cup £97m."
The money : The winners of the Club World Cup will receive up to £97m ($125m) from FIFA.
Prize money of £774m ($1bn) is to be shared between the 32 clubs - with £406m ($525m) participation fee shared based on sporting and commercial criteria, and £368m ($475m) shared based on sporting performance. FIFA are not keeping any revenue and it expects to share another £200m ($250m) with clubs across the world as solidarity payments.
For those who just watch anything with a ball in it. Here are the groups. We will add all the fixtures soonest. It all starts mid June and if you recall from out report of a few months ago there is a very early transfer window prior to this competition. Not for the Swans. EPL clubs as I understand it.
Group A: Palmeiras (Brz), Porto (Por), Al Ahly (Egy), Inter Miami (USA)
Group B: Paris Saint-Germain (Fra), Atletico Madrid (Esp), Botafogo (Brz), Seattle Sounders (USA)
Group C: Bayern Munich (Ger), Benfica (Por), Boca Juniors (Arg), Auckland City (Nzl)
Group D: Flamengo (Brz), Chelsea (Eng), Esperance Sportive de Tunis (Tun), TBC - Club Leon removed from competition, replacement TBC
Group E: River Plate (Arg), Inter Milan (Ita), CF Monterrey (Mex), Urawa Red Diamonds (Jpn)
Group F: Fluminense (Brz), Borussia Dortmund (Ger), Ulsan HD (Kor), Mamelodi Sundowns (Rsa)
Group G: Manchester City (Eng), Juventus (Ita), Wydad AC (Mor), Al Ain (UAE)
Group H: Real Madrid (Esp), FC Salzburg (Aut), Al Hilal (Rsa), CF Pachuca (Mex)
Apologies to all those who contributed to the thread, it was a rogue submission totally down to me. There will be an update next week, we are still reviewing our information.
Personally, he’s a long way to go to be anything near a Championship striker who will score doubke figures goals or even earn the club a big fee. Will that change ?
🔴 We will talk with the trust and their advisor who has a wealth of football finance knowledge once the actual figures are available. Some of this is widely available before this announcement on the Indy. Joel Piroe as an example and his instalments.
P&S is measured over three returns the last two are
2023 - pre tax loss of £13.2m 2024 - pre-tax loss of £17.9m
Now we have £15.2m
With the three year period total losses being allowed as in and around £41.8m without expert opinion the Swans are just above £46m. That of course is too much. Not sure as stated if these figures out the Swans in trouble or not.
🔴 Swansea City FC has published its financial statements for the eleven month period ended 30 June 2024. The financial statements report a pre-tax loss of £15.2m compared to a pre-tax loss of £17.9m for the previous financial year. The company took the decision to change the year end date to 30 June to align with the Financial Reporting period currently set by the English Football League (EFL).
Turnover for the eleven month period was £21.5m. Player trading produced a profit of £10.5m, and includes the initial profit on the sale of Joel Piroe to Leeds United. These profits helped to ensure that the Club remained compliant with the EFL Profitability and Sustainability regulations for the season.
The Board wishes to place on record its thanks to its supporters, sponsors and other stakeholders for their continued invaluable support during the season.
The club invested significantly in its playing squad in the financial year under review; acquisition costs of player registrations in the financial period amounted to £6.0m. The associated costs contributed to an increase in operational expenses to £47.0m for the eleven month period compared to £43.0m for the previous year.
The Board acknowledges that whilst the magnitude of the operational loss is a product of the highly competitive environment within the EFL Championship in which the Club currently competes; the Club will continue to focus on achieving operational efficiencies in order to maximise the resources which can be invested into the first team squad. The costs of operating a Stadium and two training facilities are significant and are growing. In the absence of any immediate prospect of an redistribution agreement between the EFL and the Premier League then the club will continue to be reliant on the support of its Ownership Group as the main source of funding.
During the period, further shares of £16.5m were issued compared with £41.2m in the prior period. Subsequently to this period end, a further £21.0m of shares have been issued.
The Board wishes to place on record its thanks to the Ownership Group for their continued support of our Club.
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