| We 18:12 - Sep 22 with 6962 views | angryjack |
Have already loaned this year's parachute payments and some of next year's sphere has this money gone?not giving no names away but a fella I wa watching game with today is high up in Barclays bank and showed me the account and paperwork from companies house...rinsing us |  | | |  |
| We on 18:14 - Sep 22 with 5067 views | angryjack |
Showed me actual date it was transacted as well 28th august | | | |
| We on 18:18 - Sep 22 with 5016 views | trinityann |
| We on 18:14 - Sep 22 by angryjack |
Showed me actual date it was transacted as well 28th august |
He should be sacked for revealing information like that and if it's true, its no surprise. We were doing something similar in Premier League borrowing against future payments. | | | |
| We on 18:19 - Sep 22 with 5014 views | lidojack |
Someone feel free to correct me but have we not always loaned money early based on guaranteed future earnings to help with cash flow?
Or am I completely missing the point of this. |  | | |
| We on 18:21 - Sep 22 with 4983 views | jasper_T |
That information is freely available you didn't need a bloke from Barclays to reveal it to you. We discussed it in depth here at the time. | | | |
| We on 18:22 - Sep 22 with 4964 views | jasper_T |
| We on 18:19 - Sep 22 by lidojack |
Someone feel free to correct me but have we not always loaned money early based on guaranteed future earnings to help with cash flow?
Or am I completely missing the point of this. |
We always get the season tv cash up front through Barclays. We don't always get the first payment of the next year as well, but this isn't the first time it's happened, either. | | | |
| We on 18:41 - Sep 22 with 4801 views | peenemunde |
I’m sure angryjack will soon announce that Swansea have been relegated from the premier league. 🤣 |  | | |
| We on 19:19 - Sep 22 with 4701 views | byron |
Serious stuff, you are deep in the doo doo folks....whaddayado? |  |
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| We on 19:58 - Sep 22 with 4589 views | angryjack |
| We on 18:41 - Sep 22 by peenemunde |
I’m sure angryjack will soon announce that Swansea have been relegated from the premier league. 🤣 |
Ye but some of next year's as well where's it gone ? With all transfer kitty as well we being rite done over | | | |
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| We on 20:10 - Sep 22 with 4554 views | Newhousemustscore |
Some years ago ITV digital went bust & a lot of clubs struggled as a result. I seem to recall at the time Jenkins saying we'd be ok because we hadn't spent the money as we hadn't received it. It seemed like basic housekeeping at the time. I only pay for things when I have enough money. Somewhere over the years the policy seems to be to spend the money before we get it in. Hence, last year's money received at the end of the season (calculated after tv money & your finishing position in the league) was already spent last season. They were gambling with our future. | | | |
| We on 20:35 - Sep 22 with 4474 views | ItchySphincter |
| We on 20:10 - Sep 22 by Newhousemustscore |
Some years ago ITV digital went bust & a lot of clubs struggled as a result. I seem to recall at the time Jenkins saying we'd be ok because we hadn't spent the money as we hadn't received it. It seemed like basic housekeeping at the time. I only pay for things when I have enough money. Somewhere over the years the policy seems to be to spend the money before we get it in. Hence, last year's money received at the end of the season (calculated after tv money & your finishing position in the league) was already spent last season. They were gambling with our future. |
Cashflow. |  |
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| We on 21:27 - Sep 22 with 4358 views | raynor94 |
| We on 19:58 - Sep 22 by angryjack |
Ye but some of next year's as well where's it gone ? With all transfer kitty as well we being rite done over |
Try looking at our wage bill, it might give you a clue |  |
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| We on 21:34 - Sep 22 with 4333 views | angryjack |
| We on 21:27 - Sep 22 by raynor94 |
Try looking at our wage bill, it might give you a clue |
We got nearly all the high earners off the bill and sold a load can't see our wage bill being sky high with kids and 5 million a year with bony which is peanuts with the parachute payments | | | |
| We on 21:42 - Sep 22 with 4305 views | raynor94 |
| We on 21:34 - Sep 22 by angryjack |
We got nearly all the high earners off the bill and sold a load can't see our wage bill being sky high with kids and 5 million a year with bony which is peanuts with the parachute payments |
Bony, Dyer, Narsingh and Routledge. That's a pretty penny.
In fairness the right action has been taken here, or we could be a Pompey or Southampton. | |
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| We on 21:46 - Sep 22 with 4297 views | Swanjaxs |
This ship sailed long ago in fairness, we all could see what was going on... right in front of our eyes, some tried to get protests going but 99% couldn't be arsed... suck it up because it will get +10 times worse 👠|  |
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| We on 00:02 - Sep 23 with 4127 views | Loyal |
| We on 19:19 - Sep 22 by byron |
Serious stuff, you are deep in the doo doo folks....whaddayado? |
It's virtually impossible for the club to be in the shit, no matter how much you say it. |  |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
The official inventor of the tit w@nk. | | Poll: | Who should be Swansea number 1 |
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| We on 10:38 - Sep 23 with 3904 views | awayjack |
| We on 21:42 - Sep 22 by raynor94 |
Bony, Dyer, Narsingh and Routledge. That's a pretty penny.
In fairness the right action has been taken here, or we could be a Pompey or Southampton. |
Yup being like Southampton would be a nightmare. |  | | |
| We on 11:14 - Sep 23 with 3840 views | Catullus |
| We on 21:42 - Sep 22 by raynor94 |
Bony, Dyer, Narsingh and Routledge. That's a pretty penny.
In fairness the right action has been taken here, or we could be a Pompey or Southampton. |
Yep, if Dyer, Nars and Routs are on 40k per week that's (including possibly 6 for Bony) 12 million. Parachute payments more than cover it.
I'm not saying we shouldn't be a bit concerned but we do borrow against guaranteed future income.
If the Americans are funnelling income out of the club and using parachute payments to hide it, that's a worry but until someone can prove that then what do we do? | |
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| We on 11:24 - Sep 23 with 3813 views | icecoldjack |
| We on 11:14 - Sep 23 by Catullus |
Yep, if Dyer, Nars and Routs are on 40k per week that's (including possibly 6 for Bony) 12 million. Parachute payments more than cover it.
I'm not saying we shouldn't be a bit concerned but we do borrow against guaranteed future income.
If the Americans are funnelling income out of the club and using parachute payments to hide it, that's a worry but until someone can prove that then what do we do? |
They arn't on that kind of money though, even in the prem they wernt on 40 k a week. Think relegation clause and a smoke and mirrors ploy from the club making us believe all the money is gone through wages of players when it's gone through other expenditures.
No doubt the wage bill needed sorting out, they've done that, and some more, the money from previous deals will be dripping in for a few years yet, along with parachute payments, the problem is that we have too many people taking a cut and it just a few players like dyer and routs.
The yanks and Huw and co. Are fleecing us and have been for years, why people can't see it is a real mystery. |  | | |
| We on 11:39 - Sep 23 with 3783 views | A_Fans_Dad |
| We on 18:18 - Sep 22 by trinityann |
He should be sacked for revealing information like that and if it's true, its no surprise. We were doing something similar in Premier League borrowing against future payments. |
If it is in Company House accounts it is already "public knowledge" is is not? | | | |
| We on 11:57 - Sep 23 with 3742 views | somersetsimon |
| We on 11:39 - Sep 23 by A_Fans_Dad |
If it is in Company House accounts it is already "public knowledge" is is not? |
I thought the OP claimed he had been shown account information (including transaction dates), not just public info. If this is true then the bank and the club should investigate. |  | | |
| We on 12:00 - Sep 23 with 3734 views | A_Fans_Dad |
| We on 11:57 - Sep 23 by somersetsimon |
I thought the OP claimed he had been shown account information (including transaction dates), not just public info. If this is true then the bank and the club should investigate. |
Quote "Barclays bank and showed me the account and paperwork from companies house".
From Companies House being the operative words. [Post edited 23 Sep 2018 12:01]
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| We on 12:01 - Sep 23 with 3733 views | Jacket |
| We on 20:10 - Sep 22 by Newhousemustscore |
Some years ago ITV digital went bust & a lot of clubs struggled as a result. I seem to recall at the time Jenkins saying we'd be ok because we hadn't spent the money as we hadn't received it. It seemed like basic housekeeping at the time. I only pay for things when I have enough money. Somewhere over the years the policy seems to be to spend the money before we get it in. Hence, last year's money received at the end of the season (calculated after tv money & your finishing position in the league) was already spent last season. They were gambling with our future. |
Very different times I'm afraid. Under 23s are now on more than first teamers were back then. How much would the likes of Trundle have been on back then? You'd probably get change on a grand. He's probably getting more whiping tables up at hospitality now than we payed him as a player. Different times mean different business practices. | | | |
| We on 12:05 - Sep 23 with 3718 views | Dr_Winston |
| We on 12:01 - Sep 23 by Jacket |
Very different times I'm afraid. Under 23s are now on more than first teamers were back then. How much would the likes of Trundle have been on back then? You'd probably get change on a grand. He's probably getting more whiping tables up at hospitality now than we payed him as a player. Different times mean different business practices. |
Trundle was on ten grand a week when we were still in League One. |  |
| 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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| We on 12:08 - Sep 23 with 3715 views | jackrabbit |
| We on 19:19 - Sep 22 by byron |
Serious stuff, you are deep in the doo doo folks....whaddayado? |
You know, I've been on the CCMB site a few times since yesterday's pasting by Man City, - just reading the comments- and I'm proud to report back that not once have I seen a posting from a Swans fan gleefully revelling in their misery. Yes there's been plenty on here, but that's because it's a Swans site. You should always respect your opponent's messageboard. I well remember August 2011 and Swans's first ever PL game, losing 4-0 at the Etihad. Some of the comments on CCMB were how it was 'embarrassing' and 'shaming Wales'. What goes around comes around, eh? I felt like posting that on CCMB but I didn't. Don't want to add to the misery. |  | | |
| We on 12:14 - Sep 23 with 3702 views | Whiterockin |
| We on 21:34 - Sep 22 by angryjack |
We got nearly all the high earners off the bill and sold a load can't see our wage bill being sky high with kids and 5 million a year with bony which is peanuts with the parachute payments |
That's 10% of this years turnover right there. Not peanuts. |  | | |
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