| Surely there is now no need to sell 10:09 - Jul 11 with 10147 views | NotLoyal |
With transfer income and getting rid of the greedy fecks, and of course the parachute payments.
It's time to retain not sell and get back to where we belong ? |  |
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| Surely there is now no need to sell on 20:52 - Jul 11 with 1170 views | Cooperman |
| Surely there is now no need to sell on 20:40 - Jul 11 by magicdaps10 |
The average championship club doesn't see 18m straight into the bank account this summer coupled with 1m a month off the wage bill from July 1st.
So many things can be batted back and forth but there is more depth to the situation here at Swansea City, the sale will be priority with the yanks. |
The average Championship club isn’t losing £50m of annual income overnight. |  |
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| Surely there is now no need to sell on 21:08 - Jul 11 with 1153 views | longlostjack |
| Surely there is now no need to sell on 20:18 - Jul 11 by monmouth |
Yes, because every penny of income into the club is now effectively 'their own money' if they can think of a way to extract it without paying a dividend or defrauding the minority shareholders. They have provided loans at commercial rates for working capital haven't they? That's also their own money, but probably a preferential secured loan.
New capital or loans to buy players, no. And we should be pretty glad of that. |
No dilution yet is a positive. [Post edited 11 Jul 2019 21:11]
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| Surely there is now no need to sell on 21:11 - Jul 11 with 1144 views | Oldjack |
| Surely there is now no need to sell on 20:52 - Jul 11 by Cooperman |
The average Championship club isn’t losing £50m of annual income overnight. |
that's what parachute payments are for .I and many others will not be falling for the Yanks never ending bullshyte .We had a very good whack of money coming in last season with transfer fees ,tv monies etc , With just a few players on high wages still on the books ,The next financial statement audit will be very interesting reading indeed . |  |
| 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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| Surely there is now no need to sell on 21:14 - Jul 11 with 1133 views | Dr_Winston |
| Surely there is now no need to sell on 21:11 - Jul 11 by Oldjack |
that's what parachute payments are for .I and many others will not be falling for the Yanks never ending bullshyte .We had a very good whack of money coming in last season with transfer fees ,tv monies etc , With just a few players on high wages still on the books ,The next financial statement audit will be very interesting reading indeed . |
We're losing £50m of income a season even with the parachute payments.
Thanks for providing a perfect example of how little people understand about the financial realities the club are dealing with. |  |
| 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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| Surely there is now no need to sell on 21:28 - Jul 11 with 1103 views | longlostjack |
| Surely there is now no need to sell on 21:11 - Jul 11 by Oldjack |
that's what parachute payments are for .I and many others will not be falling for the Yanks never ending bullshyte .We had a very good whack of money coming in last season with transfer fees ,tv monies etc , With just a few players on high wages still on the books ,The next financial statement audit will be very interesting reading indeed . |
The question is how would they get the money out ? They can’t pay dividends because the Trust would benefit. I’d hope that the Trust would be on top of any shenanigans like consultancy fees or inter-company loans. [Post edited 11 Jul 2019 21:29]
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| Surely there is now no need to sell on 21:32 - Jul 11 with 1093 views | Oldjack |
| Surely there is now no need to sell on 21:14 - Jul 11 by Dr_Winston |
We're losing £50m of income a season even with the parachute payments.
Thanks for providing a perfect example of how little people understand about the financial realities the club are dealing with. |
Says who ?the yanks? We MAY have done last season ,but lets not forget the transfer fees tv monies etc
Until an independant accoutant goes through those books with a super magnifying glass to confirm your fairy stories most will take their words with a pinch of salt | |
| 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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| Surely there is now no need to sell on 21:33 - Jul 11 with 1092 views | Oldjack |
| Surely there is now no need to sell on 21:28 - Jul 11 by longlostjack |
The question is how would they get the money out ? They can’t pay dividends because the Trust would benefit. I’d hope that the Trust would be on top of any shenanigans like consultancy fees or inter-company loans. [Post edited 11 Jul 2019 21:29]
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there are ways and means to hide money | |
| 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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| Surely there is now no need to sell on 21:37 - Jul 11 with 1079 views | magicdaps10 |
| Surely there is now no need to sell on 20:52 - Jul 11 by Cooperman |
The average Championship club isn’t losing £50m of annual income overnight. |
As I said.... Batted back and forth. |  |
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| Surely there is now no need to sell on 21:38 - Jul 11 with 1076 views | Dr_Winston |
| Surely there is now no need to sell on 21:32 - Jul 11 by Oldjack |
Says who ?the yanks? We MAY have done last season ,but lets not forget the transfer fees tv monies etc
Until an independant accoutant goes through those books with a super magnifying glass to confirm your fairy stories most will take their words with a pinch of salt |
Says the easily accessible figures you dopey herbert.
Our last Premier League annual TV payment = £98m
Our parachute payment (1st year) = £41.6m
No accountant required. The figures are out in the open if you can be arsed to look them up. | |
| 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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| Surely there is now no need to sell on 21:43 - Jul 11 with 1066 views | Oldjack |
| Surely there is now no need to sell on 21:38 - Jul 11 by Dr_Winston |
Says the easily accessible figures you dopey herbert.
Our last Premier League annual TV payment = £98m
Our parachute payment (1st year) = £41.6m
No accountant required. The figures are out in the open if you can be arsed to look them up. |
but dopy bollocks you make it look so simple .People have moved on. MOST BIG WAGES HAVE GONE we've had other BIG incomes to add to those parachute payments | |
| 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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| Surely there is now no need to sell on 21:46 - Jul 11 with 1053 views | Dr_Winston |
| Surely there is now no need to sell on 21:43 - Jul 11 by Oldjack |
but dopy bollocks you make it look so simple .People have moved on. MOST BIG WAGES HAVE GONE we've had other BIG incomes to add to those parachute payments |
It's easy to make simple things look simple. Like you for example. | |
| 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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| Surely there is now no need to sell on 21:52 - Jul 11 with 1040 views | magicdaps10 |
| Surely there is now no need to sell on 21:32 - Jul 11 by Oldjack |
Says who ?the yanks? We MAY have done last season ,but lets not forget the transfer fees tv monies etc
Until an independant accoutant goes through those books with a super magnifying glass to confirm your fairy stories most will take their words with a pinch of salt |
We were going to take a hit, that can't be argued with.
The parachute money went before we were even relegated, we are paying that back as we speak. The financial situation arouse from absolute shocking mismanagement and awful football decisions both on and off the field.
There is cutting costs and then there is cutting costs, it is apoarant the yanks are doing the latter but they are doing so with one all eyes on their ultimate goal... Selling the club for at least what they paid for and this is why Birch is on board.
Look at what we have gained thus far, 15 m for James, 3m for Potter, 12m over 12 months for wages lost since July 1st....30million. That is just shy of £570, 000 a week, that pays 30 people an average of nearly 20k a week AND that is without considering other incomes due this coming season.
OK, we will still be paying for players no longer with us but we will still be receiving payments for players also no longer with us.
I dare not state that people don't have a clue about our financial situation, that would be ignorent without seeing the full books, the chances of that is very slim indeed..... I did say FULL books!!
Out of interest, can anyone confirm our average income per match? | |
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| Surely there is now no need to sell on 21:53 - Jul 11 with 1037 views | Oldjack |
| Surely there is now no need to sell on 21:46 - Jul 11 by Dr_Winston |
It's easy to make simple things look simple. Like you for example. |
 yea yea ,you keep on making up fairy stories and believing in the Yanks everlasting bullshyte  | |
| 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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| Surely there is now no need to sell on 22:02 - Jul 11 with 1024 views | Oldjack |
| Surely there is now no need to sell on 21:52 - Jul 11 by magicdaps10 |
We were going to take a hit, that can't be argued with.
The parachute money went before we were even relegated, we are paying that back as we speak. The financial situation arouse from absolute shocking mismanagement and awful football decisions both on and off the field.
There is cutting costs and then there is cutting costs, it is apoarant the yanks are doing the latter but they are doing so with one all eyes on their ultimate goal... Selling the club for at least what they paid for and this is why Birch is on board.
Look at what we have gained thus far, 15 m for James, 3m for Potter, 12m over 12 months for wages lost since July 1st....30million. That is just shy of £570, 000 a week, that pays 30 people an average of nearly 20k a week AND that is without considering other incomes due this coming season.
OK, we will still be paying for players no longer with us but we will still be receiving payments for players also no longer with us.
I dare not state that people don't have a clue about our financial situation, that would be ignorent without seeing the full books, the chances of that is very slim indeed..... I did say FULL books!!
Out of interest, can anyone confirm our average income per match? |
But those books should be available to everyone and scrutinized by independent accountant's ,every penny in and out has to be seen on paper, | |
| 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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| Surely there is now no need to sell on 22:17 - Jul 11 with 997 views | magicdaps10 |
Been confirmed by Birch there is no need to sell, that includes Ayews and Baston as James money has eased the need.
Obviously we want the Ayews and Baston gone but even without them gone, we are covered.
Think everyone needs to take the Birch statement on board and some need to adjust what they thought they believed on our situation. | |
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| Surely there is now no need to sell on 22:22 - Jul 11 with 982 views | monmouth |
| Surely there is now no need to sell on 22:17 - Jul 11 by magicdaps10 |
Been confirmed by Birch there is no need to sell, that includes Ayews and Baston as James money has eased the need.
Obviously we want the Ayews and Baston gone but even without them gone, we are covered.
Think everyone needs to take the Birch statement on board and some need to adjust what they thought they believed on our situation. |
So they are our transfer kitty then? Get fees for them and we might even pay actual money for something? |  |
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| Surely there is now no need to sell on 22:33 - Jul 11 with 964 views | magicdaps10 |
| Surely there is now no need to sell on 22:22 - Jul 11 by monmouth |
So they are our transfer kitty then? Get fees for them and we might even pay actual money for something? |
Even if we sell them, we will not pay a fee for new signings.
The yanks have Birch here to sell the club and they don't intend to spend anything. | |
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| Surely there is now no need to sell on 22:38 - Jul 11 with 952 views | exiledclaseboy |
| Surely there is now no need to sell on 22:17 - Jul 11 by magicdaps10 |
Been confirmed by Birch there is no need to sell, that includes Ayews and Baston as James money has eased the need.
Obviously we want the Ayews and Baston gone but even without them gone, we are covered.
Think everyone needs to take the Birch statement on board and some need to adjust what they thought they believed on our situation. |
“Been confirmed by Birch there is no need to sell, that includes Ayews and Baston as James money has eased the need.”
Where was that confirmed? |  |
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| Surely there is now no need to sell on 22:49 - Jul 11 with 937 views | Chief |
| Surely there is now no need to sell on 22:38 - Jul 11 by exiledclaseboy |
“Been confirmed by Birch there is no need to sell, that includes Ayews and Baston as James money has eased the need.”
Where was that confirmed? |
Steve Carroll on twitter posted a lot of the questions and answers and they alluded to this. Although I didn't see where he named the Ayews and Baston specifically. But he did say there is no debt and no need to sell. |  |
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| Surely there is now no need to sell on 22:56 - Jul 11 with 928 views | IAN05 |
| Surely there is now no need to sell on 22:38 - Jul 11 by exiledclaseboy |
“Been confirmed by Birch there is no need to sell, that includes Ayews and Baston as James money has eased the need.”
Where was that confirmed? |
Wasn’t as explicit as it often sounds in writing but basically said any offer for a player can now be made on footballing principles as opposed to plugging financial gaps.
Clubs main issue is not racked up debt but is operating losses. |  | | |
| Surely there is now no need to sell on 23:02 - Jul 11 with 923 views | Badlands |
| Surely there is now no need to sell on 22:49 - Jul 11 by Chief |
Steve Carroll on twitter posted a lot of the questions and answers and they alluded to this. Although I didn't see where he named the Ayews and Baston specifically. But he did say there is no debt and no need to sell. |
They would have been careful not to mention names incase it was seen either as a public rebuke of these players or could be used by agents to claim the club was treating them unfairly.
Eggshells.
Praising players by name would be less of. problem. [Post edited 11 Jul 2019 23:03]
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| Surely there is now no need to sell on 23:04 - Jul 11 with 920 views | IAN05 |
| Surely there is now no need to sell on 23:02 - Jul 11 by Badlands |
They would have been careful not to mention names incase it was seen either as a public rebuke of these players or could be used by agents to claim the club was treating them unfairly.
Eggshells.
Praising players by name would be less of. problem. [Post edited 11 Jul 2019 23:03]
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He didn’t name them, he responded directly to a question within which they were named | | | |
| Surely there is now no need to sell on 23:19 - Jul 11 with 898 views | TNT |
| Surely there is now no need to sell on 18:37 - Jul 11 by longlostjack |
Quite amazing that they didn’t do any due diligence before “investing” in us and then compounded their mistake by relying on a Chairman who was clearly out of his depth. Then there was the Guidolin/Bradley fiasco. If only they’d listened to their customers. [Post edited 11 Jul 2019 18:39]
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Absolutely. As the old adage goes, 'Your most unhappy customers are your greatest source of learning'. | |
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| Surely there is now no need to sell on 00:12 - Jul 12 with 853 views | Cooperman |
| Surely there is now no need to sell on 22:17 - Jul 11 by magicdaps10 |
Been confirmed by Birch there is no need to sell, that includes Ayews and Baston as James money has eased the need.
Obviously we want the Ayews and Baston gone but even without them gone, we are covered.
Think everyone needs to take the Birch statement on board and some need to adjust what they thought they believed on our situation. |
Sauce? | |
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| Surely there is now no need to sell on 00:14 - Jul 12 with 851 views | Cooperman |
| Surely there is now no need to sell on 21:14 - Jul 11 by Dr_Winston |
We're losing £50m of income a season even with the parachute payments.
Thanks for providing a perfect example of how little people understand about the financial realities the club are dealing with. |
Daps et al usually only add up the numbers for money coming in; they regularly pass over the money going out. | |
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