• Thank you very much | Diolch yn fawr

    All at JackArmy.net would like to thank everyone who has played a part on this site over the past 25 years whether that is through writing, contributing, moderating, posting or just visting and reading.

    Without any of you the work that has gone into the site would have been pointless and we will always be proud that we built, generated and managed a community that was such a big part of the Swansea City supporting life for so long.

    It has been a pleasure to bring to you the site for so long but the time is now right to turn the lights out for the last time but we do it both with a heavy heart and a sense of pride driven by the so many messages received since we announced the closure.

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    Phil Sumbler
    Owner, jackarmy.net

‘Investment’

  • Thread starter Thread starter KillayJack
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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...

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
 
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...

Running costs are bound to be high with the yankee doodles sending their poodles over drawing wages, for what exactly is a mystery to me at least :x

As for the Trust they just sit in the corner and only speak when they have permission to.
 
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... 🤡
 
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... 🤡

I thought that was going to be a new song then:

28 Americans in a hedge fund, standing on a wall...
 
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

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
 
Show me a Championship club that isn't living beyond its means. They all are.
 
moscowjack said:
Show me a Championship club that isn't living beyond its means. They all are.

So do we need to just accept it then? And carry on as if its not a concern?
 
PSumbler said:
So do we need to just accept it then? And carry on as if its not a concern?

After seeing us nearly going out of business twice the answer is 100% no
 
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

I agree with the player model as long as it helps us grow, as we can't always find a gem to sell . If we have to be subsidised by millions then the business plan is wrong and we shouldn't be increasing the admin side without seeing a profit.
 
PSumbler said:
So do we need to just accept it then? And carry on as if its not a concern?

I think we should always be able to question it as we've been down that road too many times before, but losing a huge amount of money is the norm in the Championship.

As much as I still dislike the Yanks, at least there is money coming into the club now. I just wish they had backed the team in the first season after relegation. They bottled it!
 
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.
 
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.

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?
 
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?

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.
 
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.
He's Coleman's golf buddy from over the pond apparently...
 

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