Most visitors online was 2766 , on 14 Oct 24
PSumbler said:So we need another £3.5m just to keep our running costs under control
Which means our running costs are too high
Something welcomed by the Trust...
PSumbler said:So we need another £3.5m just to keep our running costs under control
Which means our running costs are too high
Something welcomed by the Trust...
Swanjaxs said:28 Americans in a hedge fund, most who wouldn't know how to find Wales on a map never mind Swansea, was always, and eventually will end one way, most of us know this, and still, the Trust got blindsided, feckin clowns...
3swan said:Now come on, we are told we are a viable well run club.
Realty says we have to sell a player for good profit and need further financial input
moscowjack said:Show me a Championship club that isn't living beyond its means. They all are.
PSumbler said:So do we need to just accept it then? And carry on as if its not a concern?
PSumbler said:The player trading model is one that we can probably live with - it got us to where we were in the first place really
but the need to pump in several millions a year suggests we are living well beyond our means
And yet this doesnt seem to concern the Trust at any stage. Yet it worries me greatly
PSumbler said:So do we need to just accept it then? And carry on as if its not a concern?
Lampeterjack said:What do we actually want as fans?
Us to be a league 2 club but fan owned?
Swansea city employ 510 people according to the accounts, obviously these include matchday staff but I’m struggling to see how the owners are getting stick for putting another £3.5m in as shares, they are not lumping debt on us.
We are in good shape, very good compared to most at this level.
3swan said:Are you going off on a tangent?
My reading of the thread is more why the need for a further cash input? If the club isn't financially viable by selling one of two players at a profit, then why are we taking on more senior roles at a salary?
If the running of the club isn't sorted, then what happens when there are no gems to sell, or the owners stop the extra share buying?
He's Coleman's golf buddy from over the pond apparently...Niigata Jack said:100% this.
If the owners are needing to drip feed millions into the club once, twice or three times, I can't see how we are in good shape.
Why as this Gude fella been brought in, what is his remit? if its to attract commercial revenue then lets see what happens there, didn't the last saviour they sent over with a remit to improve commercial say that it was his speciality that didn't end well from what I remember.