| it's done the new era begins 09:44 - Nov 23 with 2684 views | vetchonian |
They've gone!!!
Swansea City is delighted to announce a new era for the club, having received EFL approval today for a change to the club's majority ownership.
š https://swanseacity.club/4eZriAh |  |
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| it's done the new era begins on 10:04 - Nov 23 with 1582 views | Dr_Winston |
I can't help but think that mentioning this "Ā£20m investment" was a bad idea. There will be those who now expect us to dash out and spend millions in January, when realistically that kind of cash will just about keep the lights on for a season or two.
Still, an end to the fractious relationship between supporters and owners is obviously a good thing. Down to Coleman and Co to deliver a club structure that looks like it knows what it's doing. |  |
| 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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| it's done the new era begins on 10:05 - Nov 23 with 1583 views | STID2017 |
It isn't true until Keith says it is 
Brilliant news |  |
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| it's done the new era begins on 10:12 - Nov 23 with 1560 views | heatwave |
Priority one I would hope is trying to tie down Ben and Harry. |  | | |
| it's done the new era begins on 10:18 - Nov 23 with 1534 views | vetchonian |
| it's done the new era begins on 10:04 - Nov 23 by Dr_Winston |
I can't help but think that mentioning this "Ā£20m investment" was a bad idea. There will be those who now expect us to dash out and spend millions in January, when realistically that kind of cash will just about keep the lights on for a season or two.
Still, an end to the fractious relationship between supporters and owners is obviously a good thing. Down to Coleman and Co to deliver a club structure that looks like it knows what it's doing. |
Totally agree Doc......many will think the Ā£20M is there to spend on players but as you say will be much needed to keep the club going ...especially with the reduction in gate revenue | |
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| it's done the new era begins on 10:26 - Nov 23 with 1515 views | onehunglow |
| it's done the new era begins on 10:18 - Nov 23 by vetchonian |
Totally agree Doc......many will think the Ā£20M is there to spend on players but as you say will be much needed to keep the club going ...especially with the reduction in gate revenue |
But itās something and we need to be optimistic
I m hoping more will come.
R fans will return when we start scoring goals | |
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| it's done the new era begins on 10:27 - Nov 23 with 1513 views | Fireboy2 |
| it's done the new era begins on 10:18 - Nov 23 by vetchonian |
Totally agree Doc......many will think the Ā£20M is there to spend on players but as you say will be much needed to keep the club going ...especially with the reduction in gate revenue |
That's a bit disingenuous to Swans fans, the report does say the money will go towards operating costs so I suspect they will work out that it won't go towards buying players in the short term. |  | | |
| it's done the new era begins on 10:31 - Nov 23 with 1478 views | Whiterockin |
| it's done the new era begins on 10:27 - Nov 23 by Fireboy2 |
That's a bit disingenuous to Swans fans, the report does say the money will go towards operating costs so I suspect they will work out that it won't go towards buying players in the short term. |
Does replacing players come under operating costs. Unlike capital expenditure, which I would say was stadium expansion ect.
Anyway I'm just pleased they are gone and the process was a reasonably swift one. [Post edited 23 Nov 10:32]
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| it's done the new era begins on 10:33 - Nov 23 with 1451 views | vetchonian |
| it's done the new era begins on 10:27 - Nov 23 by Fireboy2 |
That's a bit disingenuous to Swans fans, the report does say the money will go towards operating costs so I suspect they will work out that it won't go towards buying players in the short term. |
some will some won't FB I've already heard some fans speculating on which players we should acquire either the Ā£20m.
My only hope is this new ownership gets a fair chance by the fan base.....but I expect there will he some quibbling at the end of January when we haven't been seen to splash that cash | |
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| it's done the new era begins on 10:34 - Nov 23 with 1443 views | Dr_Winston |
| it's done the new era begins on 10:18 - Nov 23 by vetchonian |
Totally agree Doc......many will think the Ā£20M is there to spend on players but as you say will be much needed to keep the club going ...especially with the reduction in gate revenue |
There are an awful lot of people out there who have never truly understood how expensive it is to run a Championship football club.
For example, at the absolute maximum our total revenue from gate receipts is about Ā£4-5m a season, yet window after window the ceaseless calls for "investment and ambition" begin. We must be averaging at least Ā£10m a year in subsidy from ownership since Covid. | |
| 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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| it's done the new era begins on 10:44 - Nov 23 with 1399 views | Fireboy2 |
| it's done the new era begins on 10:31 - Nov 23 by Whiterockin |
Does replacing players come under operating costs. Unlike capital expenditure, which I would say was stadium expansion ect.
Anyway I'm just pleased they are gone and the process was a reasonably swift one. [Post edited 23 Nov 10:32]
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It also states enable strategic investments in the first team which could mean getting new players but I and I'd say quite a few jacks would hope that it will be used to try and get our centre halves to sign new contracts. | | | |
| it's done the new era begins on 10:44 - Nov 23 with 1399 views | nantywatcher |
| it's done the new era begins on 10:27 - Nov 23 by Fireboy2 |
That's a bit disingenuous to Swans fans, the report does say the money will go towards operating costs so I suspect they will work out that it won't go towards buying players in the short term. |
What is it about social media that people think they are entitled to an opinion on something they have not even taken the time to read properly; not a lot of words to get through!!
Ā£20 million into the club. This new funding provides the club an important foundation of stability, will cover the operating costs of the club for the foreseeable future, and enable strategic investments in the first team.
Give me strength. | | | |
| it's done the new era begins on 10:46 - Nov 23 with 1386 views | Fireboy2 |
| it's done the new era begins on 10:33 - Nov 23 by vetchonian |
some will some won't FB I've already heard some fans speculating on which players we should acquire either the Ā£20m.
My only hope is this new ownership gets a fair chance by the fan base.....but I expect there will he some quibbling at the end of January when we haven't been seen to splash that cash |
I have never felt this positive for a long time and I'm sure they will get a fair crack of the whip from most jacks. | | | |
| it's done the new era begins on 10:50 - Nov 23 with 1367 views | nantywatcher |
Looking through the profiles of the new blood our chairman seems to have surrounded himself with some young, successful and dynamic characters - so much work must have been done behind the scenes to pull it all together. I have the utmost respect for AC assembling an executive team that should give us confidence for a steady future. | | | |
| it's done the new era begins on 10:53 - Nov 23 with 1352 views | vetchonian |
everyone has opinions......and strategic investment in the first team doesn't necessarily mean new player acquisition......it covers consolidation of contracts....ie Cabango and Darling and perhaps the restoration of a cat1 academy......yet still some fans think there is Ā£20M to spalsh | |
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| it's done the new era begins on 11:01 - Nov 23 with 1325 views | Dr_Winston |
| it's done the new era begins on 10:53 - Nov 23 by vetchonian |
everyone has opinions......and strategic investment in the first team doesn't necessarily mean new player acquisition......it covers consolidation of contracts....ie Cabango and Darling and perhaps the restoration of a cat1 academy......yet still some fans think there is Ā£20M to spalsh |
Have said before that restoring the Academy to Cat 1 status is probably the smartest move they could make IF the plan involves ongoing investment, at least in the short term. I believe the costs of doing so can be deducted from any P&S calculations. | |
| 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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| it's done the new era begins on 11:01 - Nov 23 with 1325 views | vetchonian |
š me too | |
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| it's done the new era begins on 11:19 - Nov 23 with 1264 views | Fireboy2 |
| it's done the new era begins on 10:50 - Nov 23 by nantywatcher |
Looking through the profiles of the new blood our chairman seems to have surrounded himself with some young, successful and dynamic characters - so much work must have been done behind the scenes to pull it all together. I have the utmost respect for AC assembling an executive team that should give us confidence for a steady future. |
The same here Nanty, i will doff my cap and apologise for my initial opinion of him, it looks like he was here to suss out the lie of the land for the prospective investors.
I'm hoping this is the start of something good. | | | |
| it's done the new era begins on 11:30 - Nov 23 with 1243 views | ReslovenSwan1 |
| it's done the new era begins on 11:01 - Nov 23 by Dr_Winston |
Have said before that restoring the Academy to Cat 1 status is probably the smartest move they could make IF the plan involves ongoing investment, at least in the short term. I believe the costs of doing so can be deducted from any P&S calculations. |
Swansea with past recruitment people can turn Ā£20m into dust very easily. Ā£15m for a liga 1 hotshot Borja Baston who did not impress any Swansea manager and struggled in the championship. I saw one magical 15 min v Exeter in a friendly where I he immediately clicked with McBurnie. Then OMcB was gone.
Better to continues to bring in players like Franco and develop slowly. |  |
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| it's done the new era begins on 11:36 - Nov 23 with 1216 views | TimBowen |
Again, like some others, I totally agree with what Dr. Winston said about us adopting realistic expectations for any funds provided by the new directors.
The problem with announcing the Ā£20 million investment, is a percentage of fans will only read the headlines and assume those funds are immediately earmarked for new transfers.
I have to say though, I've been very optimistic, excited even, about the prospect of the club's 'take-over' (Thank you Keith and Indy crew for providing this news in advance).
No, just like many older posters, who have witnessed so many 'boom and bust' times over the decades (in my case since 1962) I don't expect a dramatic playing transformation...at least not yet.
However, I do believe their increased commitment and financial stability will in time bear fruit, with better sourced/quality signings. Those will invariably increase the likelihood of a challenge at the top end of the table. Then, crucially, the perception of the club being a progressive one, to agents and players will change for the better. Making Swansea City an attractive destination again, like it was previously under the 'Welsh ownership.'
As well as the financial potential though, what I also like about the 'new regime' are the numbers on the board. There will invariably be a business minded/professional consensus made with important decisions within the club. We won't be reliant on one or two men's whim's. It will be a professional structure from which Andy Coleman can make qualified decisions, to take us 'onwards and upwards.'
Reading the news about the official sanctioning of the new owners today, was a great way to start the weekend. Welcome to Swansea gentlemen, I wish you nothing but success. |  | | |
| it's done the new era begins on 11:51 - Nov 23 with 1153 views | KeithHaynes |
| it's done the new era begins on 10:05 - Nov 23 by STID2017 |
It isn't true until Keith says it is
Brilliant news |
Said it yesterday š |  |
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| it's done the new era begins on 12:00 - Nov 23 with 1104 views | jack247 |
Most of us have had our expectations beaten down to an extremely low level over recent seasons. Just filling the achingly obvious gaps in the squad and doing their utmost to get the centre backs tied down would suffice for a lot of us.
We need to be competitive wages wise too. Not with Leeds and Sheffield United, but with run of the mill championship clubs. I donāt think thatās too much to ask.
No one realistic expects us to be spending huge amounts of transfer fees, but I accept we do have a number of unrealistic fans who will see the Ā£20m figure and get the wrong idea. | | | |
| it's done the new era begins on 12:14 - Nov 23 with 1068 views | KeithHaynes |
| it's done the new era begins on 12:00 - Nov 23 by jack247 |
Most of us have had our expectations beaten down to an extremely low level over recent seasons. Just filling the achingly obvious gaps in the squad and doing their utmost to get the centre backs tied down would suffice for a lot of us.
We need to be competitive wages wise too. Not with Leeds and Sheffield United, but with run of the mill championship clubs. I donāt think thatās too much to ask.
No one realistic expects us to be spending huge amounts of transfer fees, but I accept we do have a number of unrealistic fans who will see the Ā£20m figure and get the wrong idea. |
Hearing 14 million will be designated to general running and upkeep. | |
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| it's done the new era begins on 12:15 - Nov 23 with 1054 views | Boundy |
| it's done the new era begins on 12:00 - Nov 23 by jack247 |
Most of us have had our expectations beaten down to an extremely low level over recent seasons. Just filling the achingly obvious gaps in the squad and doing their utmost to get the centre backs tied down would suffice for a lot of us.
We need to be competitive wages wise too. Not with Leeds and Sheffield United, but with run of the mill championship clubs. I donāt think thatās too much to ask.
No one realistic expects us to be spending huge amounts of transfer fees, but I accept we do have a number of unrealistic fans who will see the Ā£20m figure and get the wrong idea. |
The new owners have to have a plan and I'm sure it's not to continue to run us at a loss so imo they'll want to make us more competitive and in doing so successful,this will take time so as many have said 20 million will have to be spent in the right areas and if that means not on player purchases immediately then so be it, I'm more confident in the new ownership than I could and was with the last lot. The future is looking brighter now than it has been for far too long. | |
| "In a free society, the State is the servant of the peopleānot the master." |
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| it's done the new era begins on 12:23 - Nov 23 with 1025 views | Whiterockin |
| it's done the new era begins on 12:14 - Nov 23 by KeithHaynes |
Hearing 14 million will be designated to general running and upkeep. |
Keith in my opinion it's not all about the money. It's about the approach, connecting with the supporters and having a tangible plan, get this right and we will move forward. | | | |
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