• 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.

    The site will remain here for a period until we archive and mothball it for the last time later this summer but all aspects are in a read only format.

    Thank you though for all the memories

    Phil Sumbler
    Owner, jackarmy.net

Financial challenges aplenty

  • Thread starter Thread starter PSumbler
  • Start date Start date
  • Replies Replies: Replies 22
  • Views Views: Views 7,042
Risc said:
Badlands said:
Financial stability, better chance of sustainability, professionalism.

Financial stability? No expert but if it wasn’t for the academy graduates we have flogged and a few decent profits on transfer deals we would be at Bolton’s level already. As much as I can’t stand Jenkins he must take credit for that.

I don’t think I have one positive thing to say about the current owners

The reason we'd be like Bolton is that we spent too much money on what turned out to be mediocre players: Ayew (in the Premier), Bony, Clucas etc. You can't blame the Americans for not spending, the problem is that it was on the wrong players. Not that it's easy to buy a player that'll enhance a Premier league squad.
 
jackjackjackjack said:
Risc said:
Financial stability? No expert but if it wasn’t for the academy graduates we have flogged and a few decent profits on transfer deals we would be at Bolton’s level already. As much as I can’t stand Jenkins he must take credit for that.

I don’t think I have one positive thing to say about the current owners

The reason we'd be like Bolton is that we spent too much money on what turned out to be mediocre players: Ayew (in the Premier), Bony, Clucas etc. You can't blame the Americans for not spending, the problem is that it was on the wrong players. Not that it's easy to buy a player that'll enhance a Premier league squad.

Where did the Gylfi money etc go then?
 
jackjackjackjack said:
Risc said:
Financial stability? No expert but if it wasn’t for the academy graduates we have flogged and a few decent profits on transfer deals we would be at Bolton’s level already. As much as I can’t stand Jenkins he must take credit for that.

I don’t think I have one positive thing to say about the current owners

The reason we'd be like Bolton is that we spent too much money on what turned out to be mediocre players: Ayew (in the Premier), Bony, Clucas etc. You can't blame the Americans for not spending, the problem is that it was on the wrong players. Not that it's easy to buy a player that'll enhance a Premier league squad.

I’m not blaming the Americans for not spending. Your post actually backs up my point, they haven’t given us financial stability, the mismanagement has been disgraceful.
 
Jenkins and his cronies didn't want to be left holding the baby if the club was relegated. The financial impact would have been huge. They wanted out.
 
Dr. Winston said:
Darran said:
Where did the Gylfi money etc go then?

To pay all the players that didn't leave.

This.

Our recruitment strategy (if you could even call it that) was fùcking dreadful. Jenkins did a brilliant job up to the point when he sacked Laudrup.

Hindsight is a marvellous concept but most of us would be happier with us going down earlier and not having the impact of lazy recruitment and a wage bill that was out of control.
 
Richard said:
Jenkins and his cronies didn't want to be left holding the baby if the club was relegated. The financial impact would have been huge. They wanted out.

They saw their payday and took the cash from the first idiots who were dull enough to pay them for that.

"We'd never do anything that would jeopardise the future of the club" said the man who would go on to sign off fake board minutes and play real life championship manager between 2014 and 2018.
 

Members online

No members online now.
Back
Top