GILLINGHAM

CroJack

Key Player
Missed the game ! had a mega storm this morning which ripped three sat.dishes off my roof, managed to get one connected on the roof terrace,then the second disaster struck, a power cut for the rest of the afternoon. Not a good day for me, but for you ,yes.
I see Newport are becoming the Welsh FA Cup giant killers,another good cup result and another financial much needed boost for them.
I've read there have been some nasty tornados in Turkey. Everything OK @Jackflash ?
 

ivoralljack

Grizzled Veteran
Staff member
Some match stats from yesterday:

Possession: 61-39 Shots: 19-10 OT: 9-5 Corners: 7-6 Fouls: 6-10 GOALS: 4-1

Thought Oli had a very good game and no one was particularly poor. Have to comment on the bad goal we conceded though as VdH seemed away in the Land of Nod when the Gills player stole in to net. We've conceded far too many similar goals this season when one or more of our defenders has switched off. It didn't matter yesterday but it has mattered in the past and cost us points. Tighten up, lads, and FOCUS!
 

CroJack

Key Player
If we beat Birmingham we'll be in 8th place just 3 points off Derby in 6th and play off places. Interesting.
 

Jackflash

Midfield General
Staff member
If we beat Birmingham we'll be in 8th place just 3 points off Derby in 6th and play off places. Interesting.
But will we be wasting our time CJ. According to Pearlman we're not ready to go back up yet, getting back up is going to be a multi season task.
He says " Swans are still paying for mistakes they made whilst trying to stay in the Premier League, and there could be need for further savings."
I think what Pearlman needs to do is itemise those mistakes and I'm sure as we all know 99.99% of them will point at Jenkins.
He admits the Trust is a problem to them. " It would mean a dilution of shares, which is problematic as the Supporters Trust own a 21.1% shareholding." meaning they can't hive off the remaining 21.1% of our club to their so called investors in America. The Trust needs to keep these shares at all costs, in the interest of the supporters they represent.
It's obvious what's on the yanks mind, get the 100% majority of shares, sell them off, reducing their investment even more, as I feel they are of the impression they have made a mistake in the purchase of the club. Things were rosy in the Prem. Table position £M's TV rights £M's etc. then overnight BANG a £60M annual income loss, probably equal to their true investment.
It would seem as things stand the Trust is going to be a very important body in the clubs future, due to their (or rather our) 21.1% holding in the club, and must reject any approach by the yanks to purchase them. But the Trust must begin to exercise the position it holds, (getting answers to questions, challenging Jenkins's position as chairman ) etc. Supporters need answers, so get your arses into gear.
 
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CroJack

Key Player
But will we be wasting our time CJ. According to Pearlman we're not ready to go back up yet, getting back up is going to be a multi season task.
He says " Swans are still paying for mistakes they made whilst trying to stay in the Premier League, and there could be need for further savings."
I think what Pearlman needs to do is itemise those mistakes and I'm sure as we all know 99.99% of them will point at Jenkins.
He admits the Trust is a problem to them. " It would mean a dilution of shares, which is problematic as the Supporters Trust own a 21.1% shareholding." meaning they can't hive off the remaining 21.1% of our club to their so called investors in America. The Trust needs to keep these shares at all costs, in the interest of the supporters they represent.
It's obvious what's on the yanks mind, get the 100% majority of shares, sell them off, reducing their investment even more, as I feel they are of the impression they have made a mistake in the purchase of the club. Things were rosy in the Prem. Table position £M's TV rights £M's etc. then overnight BANG a £60M annual income loss, probably equal to their true investment.
It would seem as things stand the Trust is going to be a very important body in the clubs future, due to their (or rather our) 21.1% holding in the club, and must reject any approach by the yanks to purchase them. But the Trust must begin to exercise the position it holds, (getting answers to questions, challenging Jenkins's position as chairman ) etc. Supporters need answers, so get your arses into gear.
With the Yanks we'll never be ready for the Premier League. My theory is that they don't want us in the Premier League at all. You can earn more money by being in the Championship, develop young players and sell them for a huge profit. Being in the Championship doesn't require investments, with a good manager and style of play there isn't a huge risk of being relegated. Let's say we sell Rodon, Celina, James, Roberts and McBurnie next summer. That's easily £30 m, maybe £40m. In today's market I can see Rodon alone go for £30 m. We are talking here about some significant profit, and such a profit is impossible in the Premier League where you have to reinvest immediately.

My guess is we'll sell players in the summer transfer window for £30 m and invest £3 m in the squad.
 

Jackflash

Midfield General
Staff member
I would doubt there's more money to be made in the Championship CJ.
Last years 17/18 season the pickings were as follows for the Prem.
Merit Money. £5,793,804. Swansea paid for finishing league position.
Every team gets £12,312,666.even if fewer than 10 games are chosen for TV. The rest get an extra £1,129,879 for every game over 10.
The following are equal amounts for all 20 clubs.
Domestic TV Income £34,812,558.
Oversees TV Income £40,771,108.
Sponsors £4,838,892.
Last season Swansea received £98,529,028 for their last season in the Premiership.
One would expect to see those figures increased for the coming season.
The above figure is purely for just being there. Can't see any Championship side coming anywhere near that figure.
 

CroJack

Key Player
I would doubt there's more money to be made in the Championship CJ.
Last years 17/18 season the pickings were as follows for the Prem.
Merit Money. £5,793,804. Swansea paid for finishing league position.
Every team gets £12,312,666.even if fewer than 10 games are chosen for TV. The rest get an extra £1,129,879 for every game over 10.
The following are equal amounts for all 20 clubs.
Domestic TV Income £34,812,558.
Oversees TV Income £40,771,108.
Sponsors £4,838,892.
Last season Swansea received £98,529,028 for their last season in the Premiership.
One would expect to see those figures increased for the coming season.
The above figure is purely for just being there. Can't see any Championship side coming anywhere near that figure.
Figures you quoted doesn't matter when your wage bill is £90 m. And you have to buy so called 'quality' players who if they flop become a financial burden.

Did you know that only three Premier League clubs have had profit from transfer activities in 2018/19? Watford €20,2 m, Newcastle €8,72 and Spurs €12,45 m. Swansea had profit of almost €40 m.

A huge revenue all Premier League clubs have is not equal with profit. Especially not for the small clubs. Big clubs have huge profits from sponsorships and other commercial activities, gate income, stadium naming rights, Champions League, they attract better talents whom they sell for huge profit (Ronaldo, Bale, Modric, Suarez, Coutinho...). The small clubs have TV money and that's it. Most of their TV money goes into wages and the rest into agent and transfer fees. If they are lucky they survive, if not they have to do a fire sale and lose money on players. Swansea are a good example. Premier League is a huge risk for small clubs and the reward is a constant struggle.
 

Jackflash

Midfield General
Staff member
Can't really agree there CJ, we more than just survived 6 years with no mega stars, just a competitive team, Laudrup became his own worse enemy by being too successful for Jenkins,at the time we were a rich club, but Laudrups success being involved in Europe and the two cup runs was blatantly refused a striker by Jenkins .On reflection it was possibly to get him to resign. He didn't so Jenkins sacked him a week or so later. The rest is history, Never in our time in the Premiership do I recall us needing a player we couldn't afford.
 

ivoralljack

Grizzled Veteran
Staff member
Good points raised by both in the last three posts and it raises interesting scenarios. I suppose the trick is to exist somewhere between the two situations. Unfortunately, whilst it needs owners with ambitions and, ideally a love for the club, in order to progress, our owners have neither. We are simply a cash cow for them and the only way to out them then oust them, is for the Trust to do what it's supposed to. But the Trust isn't doing anything for reasons best known to itself and those in charge. As far as we fans are concerned, it's a useless and impotent organisation. Perhaps the best way forward is to get rid of the element in the Trust who show a marked reluctance to act properly on our behalf.
 
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