The Swansea Way

2017-18 accounts:
Operating losses - £49m
Player sales profits - £46m (i.e. Gilfy)
Player impairment charge - £15m
Wages - £90m (NINETY!!!)
Overall loss - £4m

Cash put in by new owners = Zero
Cash borrowed from commercial sources = £15m
Sum spent on tax advice - £ 0.306m

Projected drop in TV revenue this season - £40m

Posted By: Henclrikus, Apr 30, 11:29:53