Financial Losses Quantified

[Yankee_Jack]

Swansea City confirm latest accounts | Swansea

At the end of last season (June 2019), the Club posted a pre-tax loss of £7million. Following on from a loss of £3.2 million from the previous year (June 2018)

How bad would this be without all of the transfer revenue from Sig et al over this period.

Once we have this report at Companies House it will be interesting to compare with previous years.

 

[CroJack]

The numbers don't include transfer fee for Oli.

 

[Yankee_Jack]

When I have a chance I'm going to peel back the transfer revenue and look at actual operational costs v revenue. Something in these numbers is not adding up.