Swansea's Liberty Stadium losses estimated at £533,000

http://www.bbc.co.uk/news/uk-wales-15356005

The Liberty Stadium in Swansea is continuing to make losses, leading to an estimated deficit of over half a million pounds.

The draft figures contained in a Swansea council report show a projected loss of £118,000 for 2010/11.

The stadium, run by Swansea Stadium Management Company (SSMC), is the home of Swansea City and the Ospreys.

SSMC, a partnership of the Swans, Ospreys and Swansea council, did not wish to comment.

The figures will be discussed by the council on Thursday, along with facilities such as the national pool.

A report to the council cabinet said the projected loss of £118,000 meant the stadium now had a cumulative loss of about £533,000.

"Under the joint venture signed by the parties, responsibility for guaranteeing all losses rests with the clubs," it said.

The stadium management are un debt?not the club u knob..nothing to do with the club..,,anyway how much is your CLUB in debt u sad knob head.

Re: Swansea's Liberty Stadium losses estimated at £533,000
by swansealad69 » Sat Oct 22, 2011 1:44 pm
The stadium management are un debt?not the club u knob..nothing to do with the club..,,anyway how much is your CLUB in debt u sad knob head.
swansealad69
 
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Where in what was said above does it mention swansea city expect where it says the clubs are liable for the losses?

I guess he touched a nerve?! I don't know how much truth is in it but i can remember reading that swansea city have not paid any rent to the stadium since it was opened. Maybe if your club didn't shaft local businesses and council by going into administration you may have been in a similar situation as our debt.

I am proud that we are trying to sort out debts out the honourable way by paying them back!

We had a million pound debt ffs when we went in to admin,,hardly sharfting..ps if you could you woud as its buissnes,,,and don't come the we inersent and doing every thing right because what you are tould and what goes on ar a mile apart..stop talking bollox ffs.

The stadium management are un debt?not the club u knob..nothing to do with the club..,,anyway how much is your CLUB in debt u sad knob head.

WHAT IS WITH THE IMMATURE DEFENSIVE ATTITUDE? PRAT.

We had a million pound debt ffs when we went in to admin,,hardly sharfting..ps if you could you woud as its buissnes,,,and don't come the we inersent and doing every thing right because what you are tould and what goes on ar a mile apart..stop talking bollox ffs.

That has to be the worst reasoning I have ever read on a football message board. For God sake if that's the best you can do then please go and bother someone else.

We had a million pound debt ffs when we went in to admin,,hardly sharfting..ps if you could you woud as its buissnes,,,and don't come the we inersent and doing every thing right because what you are tould and what goes on ar a mile apart..stop talking bollox ffs.

After working out what you just said, you were actually 2.9m in dept and you are officially known as Swansea city 1982! But I bet you did not know that, and also it was Cardiff city supporters who helped you get to that point you f*cking knob head.
Also, whilst we are on it and you think you know it all, the company still owe my council 3.1m for building the concrete block.
You should learn alittle bit more about your club before shouting the odds I think.

inersent

I don't normally pick on peoples spelling or grammar as we all have strengths and weaknesses, but this is class!

We had a million pound debt ffs when we went in to admin,,hardly sharfting..ps if you could you woud as its buissnes,,,and don't come the we inersent and doing every thing right because what you are tould and what goes on ar a mile apart..stop talking bollox ffs.

After working out what you just said, you were actually 2.9m in dept and you are officially known as Swansea city 1982! But I bet you did not know that, and also it was Cardiff city supporters who helped you get to that point you f*cking knob head.
Also, whilst we are on it and you think you know it all, the company still owe my council 3.1m for building the concrete block.
You should learn alittle bit more about your club before shouting the odds I think.

Then why doesn't that show up on any audited accounts of the club?

Grasping at any thing you can to do one better then us,,we had 2.9 million debt,,and yes I remember some of you lot sent money,but is this the best you can come up with ffs,I mean you are we'll in debt can't pay it of,and yet you talk about us 15 years back with debt??.
If you realy think that you are squeaky clean you selfs then you are realy clean off it,behind what's tould thers a lot more going on at your club,I mean you tryed to shaft a scotish club last year and they said you were full of tricks,so may be it you who should get your facts right.
Ps how much are you in debt? 90 mil?30 mil who knows but its a lot f*cking more then we were,and you will still find a way ou without paying all back.
As for my spelling and grammar,as many on here will tell you I don't give a feck so if thats your best then good luck..and also stop looking for little things to run us down as it makes your selfs look very desperate and envious.

Grasping at any thing you can to do one better then us,,we had 2.9 million debt,,and yes I remember some of you lot sent money,but is this the best you can come up with ffs,I mean you are we'll in debt can't pay it of,and yet you talk about us 15 years back with debt??.
If you realy think that you are squeaky clean you selfs then you are realy clean off it,behind what's tould thers a lot more going on at your club,I mean you tryed to shaft a scotish club last year and they said you were full of tricks,so may be it you who should get your facts right.
Ps how much are you in debt? 90 mil?30 mil who knows but its a lot f*cking more then we were,and you will still find a way ou without paying all back.
As for my spelling and grammar,as many on here will tell you I don't give a feck so if thats your best then good luck..and also stop looking for little things to run us down as it makes your selfs look very desperate and envious.

Someone is biting.

Petty was a bigger scrounger than Ridsdale. We now have a billionaire pulling our strings where you have a failed roof mechanic. Your mechanic has had a lot longer to sort you lot out than our guy. Your club cheated by going into admin, I doubt we will go down that route. In real terms your debt 15 years ago is not far of our debt of today. Going £2.5m in the bottom league is like being £30 m in the championship.

Your premiership now and still have not paid all that rent dating back to the Vetch days. Doubt you will either so before you start having a go at us just look at yourself in the mirror a bit closer. Oh and take those rose tinted glasses of first befor eyou do.

Grasping at any thing you can to do one better then us,,we had 2.9 million debt,,and yes I remember some of you lot sent money,but is this the best you can come up with ffs,I mean you are we'll in debt can't pay it of,and yet you talk about us 15 years back with debt??.
If you realy think that you are squeaky clean you selfs then you are realy clean off it,behind what's tould thers a lot more going on at your club,I mean you tryed to shaft a scotish club last year and they said you were full of tricks,so may be it you who should get your facts right.
Ps how much are you in debt? 90 mil?30 mil who knows but its a lot f*cking more then we were,and you will still find a way ou without paying all back.
As for my spelling and grammar,as many on here will tell you I don't give a feck so if thats your best then good luck..and also stop looking for little things to run us down as it makes your selfs look very desperate and envious.

Someone is biting.

Petty was a bigger scrounger than Ridsdale. We now have a billionaire pulling our strings where you have a failed roof mechanic. Your mechanic has had a lot longer to sort you lot out than our guy. Your club cheated by going into admin, I doubt we will go down that route. In real terms your debt 15 years ago is not far of our debt of today. Going £2.5m in the bottom league is like being £30 m in the championship.

Your premiership now and still have not paid all that rent dating back to the Vetch days. Doubt you will either so before you start having a go at us just look at yourself in the mirror a bit closer. Oh and take those rose tinted glasses of first befor eyou do.

And what rent dating back to the Vetch days is that exactly?

Lol a billionaire pulling your strings?f**k me not doing much is he,and he is only ther to make money that's why you ain't spending you f*cking plank,,we have fans at the heart of our club,hj is the face of the board,a board that are life long jacks who love the club,so before you carry on talking shit just remember that qpr are the only chance of a club other then the top clubs of doing any thing in Malaysia and your owner ain a fan of you just looking to make money,,you f*cking retard...for a billionaire he ain't doing much..lol keep digging as we can still here you

we have have had charity buckets twice at ccfc to help out our little local rivals from the west can't remember you lot having to help us out

Thank u,,but were are we now clown?money in the bank, no debt,sellouts every week,in the prem,and our fan base growing all the time,,and were the f**k are you?owned by a billionaire who don't guve money,average champ team,no players of real quality, o yes and upwards of 40 mil in debt,,,again thanks for the whip round..ps you keep on about your the biger club?I
on what grounds can you say that,you have done feck all and since the early 80s you have average biger crowds then us on 5 seasons,not realy that impressive is it and please don't keep on about your fa cup win ffs,as the army use to play and reach the later stages in it in them days. To be honest the only thing you got on us is a biger ground and crowds,but we can only fill what we got,,,,

Grasping at any thing you can to do one better then us,,we had 2.9 million debt,,and yes I remember some of you lot sent money,but is this the best you can come up with ffs,I mean you are we'll in debt can't pay it of,and yet you talk about us 15 years back with debt??.
If you realy think that you are squeaky clean you selfs then you are realy clean off it,behind what's tould thers a lot more going on at your club,I mean you tryed to shaft a scotish club last year and they said you were full of tricks,so may be it you who should get your facts right.
Ps how much are you in debt? 90 mil?30 mil who knows but its a lot f*cking more then we were,and you will still find a way ou without paying all back.
As for my spelling and grammar,as many on here will tell you I don't give a feck so if thats your best then good luck..and also stop looking for little things to run us down as it makes your selfs look very desperate and envious.

Someone is biting.

Petty was a bigger scrounger than Ridsdale. We now have a billionaire pulling our strings where you have a failed roof mechanic. Your mechanic has had a lot longer to sort you lot out than our guy. Your club cheated by going into admin, I doubt we will go down that route. In real terms your debt 15 years ago is not far of our debt of today. Going £2.5m in the bottom league is like being £30 m in the championship.

Your premiership now and still have not paid all that rent dating back to the Vetch days. Doubt you will either so before you start having a go at us just look at yourself in the mirror a bit closer. Oh and take those rose tinted glasses of first befor eyou do.

And what rent dating back to the Vetch days is that exactly?

I recall you saying I was talking bollocks about your lot not paying rent. Well have a read:

http://www.thisissouthwales.co.uk/8216- ... story.html

Ill try and find the link dating back to the Vetch days, mislead it somewhere.

Lol a billionaire pulling your strings?f**k me not doing much is he,and he is only ther to make money that's why you ain't spending you f*cking plank,,we have fans at the heart of our club,hj is the face of the board,a board that are life long jacks who love the club,so before you carry on talking shit just remember that qpr are the only chance of a club other then the top clubs of doing any thing in Malaysia and your owner ain a fan of you just looking to make money,,you f*cking retard...for a billionaire he ain't doing much..lol keep digging as we can still here you

He has only put in £20m. How much has Nurse and Jenkins put in? I'll answer that for you, nothing but screwed your local businessesmen by how much was it 5p to the £.

You bring up Motherwell. We brinjg up Priskin and Ipswich. A bit two faced are you not Swansealad69. Keep posting son I love shooting kids like you down.

Not two faced my verming friend,,its you unpleasant fuckers that keep bringing up how we rip company's off,yet you do the same.
I agree our past days we have had our problems,what with bad management and ownership,but for the last 10 years we have sorted it..ps we only had a small debt,you on the other hand have huge debts,a billionaire owner who gives 20mill to run the club for a whole season,that after getting rid of 10 players? Not pushing theboat out is he?..qpr come to mind before thet take over...and also ther are more ther are more then two jacks on the board but 7 and one of them is a multi millionaire, so we are in good footiing unlike your selfs who put your faith in a guy with no affinety with you and gives only enough to keep you alive and ticking buy,,,lol good luck as he will get tierd of watching shit..

By thr way why the f**k do care about what we do??we are not even your rival....

By thr way why the f**k do care about what we do??we are not even your rival....

What a retard, do you have special needs?

By thr way why the f**k do care about what we do??we are not even your rival....

I dont else I would be on one of your forums.

we have have had charity buckets twice at ccfc to help out our little local rivals from the west can't remember you lot having to help us out

that was a disgrace! no city fans should ever help out the west wales vermin.

we have have had charity buckets twice at ccfc to help out our little local rivals from the west can't remember you lot having to help us out

that was a disgrace! no city fans should ever help out the west wales vermin.

proberly about the time you were supporting man utd or liverpool, things were diffrent before the play off final or leeds f.a cup game

we have have had charity buckets twice at ccfc to help out our little local rivals from the west can't remember you lot having to help us out

that was a disgrace! no city fans should ever help out the west wales vermin.

proberly about the time you were supporting man utd or liverpool, things were diffrent before the play off final or leeds f.a cup game

my first city game was 1994.

Lol a billionaire pulling your strings?f**k me not doing much is he,and he is only ther to make money that's why you ain't spending you f*cking plank,,we have fans at the heart of our club,hj is the face of the board,a board that are life long jacks who love the club,so before you carry on talking shit just remember that qpr are the only chance of a club other then the top clubs of doing any thing in Malaysia and your owner ain a fan of you just looking to make money,,you f*cking retard...for a billionaire he ain't doing much..lol keep digging as we can still here you

you have a few good points there fella. A few on here havent worked it out yet and others are content on waving the Malaysian flag and supporting Malaysia FC of course thats their choice and good luck to them. No need to call them f*cking planks mind you -they are proud to have their malaysians and enjoy the malaysian ways - they even celebrate Malaysia Day at the Stadium.

At the same its ironic they abuse you - to sticking to your roots and having Welsh owners. Also unfair comment to you.

Ironic, Steve, given the dodginess of your club. How much public money would have been needed on your Olympic stadium? And let's not question the links between your club and the people making that decision.

Anyway, getting back to the illiterate Jack, your club screwed over small businesses on several occasions. Colin Addison, well known for being on of football's nice guys, kept you in the league, shafted. And then you claim you're well run - well, comp for Martinez / Scotland and a ridiculous bid of £1m for Trundle prevented you posting losses in those seasons. And let's not mention Huw the Spews business. Or Ipswich over Priskin.

Grasping at any thing you can to do one better then us,,we had 2.9 million debt,,and yes I remember some of you lot sent money,but is this the best you can come up with ffs,I mean you are we'll in debt can't pay it of,and yet you talk about us 15 years back with debt??.
If you realy think that you are squeaky clean you selfs then you are realy clean off it,behind what's tould thers a lot more going on at your club,I mean you tryed to shaft a scotish club last year and they said you were full of tricks,so may be it you who should get your facts right.
Ps how much are you in debt? 90 mil?30 mil who knows but its a lot f*cking more then we were,and you will still find a way ou without paying all back.
As for my spelling and grammar,as many on here will tell you I don't give a feck so if thats your best then good luck..and also stop looking for little things to run us down as it makes your selfs look very desperate and envious.

Someone is biting.

Petty was a bigger scrounger than Ridsdale. We now have a billionaire pulling our strings where you have a failed roof mechanic. Your mechanic has had a lot longer to sort you lot out than our guy. Your club cheated by going into admin, I doubt we will go down that route. In real terms your debt 15 years ago is not far of our debt of today. Going £2.5m in the bottom league is like being £30 m in the championship.

Your premiership now and still have not paid all that rent dating back to the Vetch days. Doubt you will either so before you start having a go at us just look at yourself in the mirror a bit closer. Oh and take those rose tinted glasses of first befor eyou do.

And what rent dating back to the Vetch days is that exactly?

I recall you saying I was talking bollocks about your lot not paying rent. Well have a read:

http://www.thisissouthwales.co.uk/8216- ... story.html

Ill try and find the link dating back to the Vetch days, mislead it somewhere.

And for about the 100th time, I'll point out that we don't per any rent at all and are paying everything we are contractually obliged to. As that article correctly states, the only rent other than the peppercorn rent that is payable is 30% of any profit made by the stadium management company.

Grasping at any thing you can to do one better then us,,we had 2.9 million debt,,and yes I remember some of you lot sent money,but is this the best you can come up with ffs,I mean you are we'll in debt can't pay it of,and yet you talk about us 15 years back with debt??.
If you realy think that you are squeaky clean you selfs then you are realy clean off it,behind what's tould thers a lot more going on at your club,I mean you tryed to shaft a scotish club last year and they said you were full of tricks,so may be it you who should get your facts right.
Ps how much are you in debt? 90 mil?30 mil who knows but its a lot f*cking more then we were,and you will still find a way ou without paying all back.
As for my spelling and grammar,as many on here will tell you I don't give a feck so if thats your best then good luck..and also stop looking for little things to run us down as it makes your selfs look very desperate and envious.

Someone is biting.

Petty was a bigger scrounger than Ridsdale. We now have a billionaire pulling our strings where you have a failed roof mechanic. Your mechanic has had a lot longer to sort you lot out than our guy. Your club cheated by going into admin, I doubt we will go down that route. In real terms your debt 15 years ago is not far of our debt of today. Going £2.5m in the bottom league is like being £30 m in the championship.

Your premiership now and still have not paid all that rent dating back to the Vetch days. Doubt you will either so before you start having a go at us just look at yourself in the mirror a bit closer. Oh and take those rose tinted glasses of first befor eyou do.

And what rent dating back to the Vetch days is that exactly?

I recall you saying I was talking bollocks about your lot not paying rent. Well have a read:

http://www.thisissouthwales.co.uk/8216- ... story.html

Ill try and find the link dating back to the Vetch days, mislead it somewhere.

And for about the 100th time, I'll point out that we don't per any rent at all and are paying everything we are contractually obliged to. As that article correctly states, the only rent other than the peppercorn rent that is payable is 30% of any profit made by the stadium management company.

Hmm, pretty sure there was an article at some point abput Vetch rent not having been paid. Internet up and down for me, can't be arsed searching.

Anyway, given your club play a part in Stadco, surely Huw et al should be teaching them such sound financial business practices eh, so that Stadco can turn a profit and repay the council?

Lol a billionaire pulling your strings?f**k me not doing much is he,and he is only ther to make money that's why you ain't spending you f*cking plank,,we have fans at the heart of our club,hj is the face of the board,a board that are life long jacks who love the club,so before you carry on talking shit just remember that qpr are the only chance of a club other then the top clubs of doing any thing in Malaysia and your owner ain a fan of you just looking to make money,,you f*cking retard...for a billionaire he ain't doing much..lol keep digging as we can still here you

you have a few good points there fella. A few on here havent worked it out yet and others are content on waving the Malaysian flag and supporting Malaysia FC of course thats their choice and good luck to them. No need to call them f*cking planks mind you -they are proud to have their malaysians and enjoy the malaysian ways - they even celebrate Malaysia Day at the Stadium.

At the same its ironic they abuse you - to sticking to your roots and having Welsh owners. Also unfair comment to you.

Ironic, Steve, given the dodginess of your club. How much public money would have been needed on your Olympic stadium? And let's not question the links between your club and the people making that decision.

Anyway, getting back to the illiterate Jack, your club screwed over small businesses on several occasions. Colin Addison, well known for being on of football's nice guys, kept you in the league, shafted. And then you claim you're well run - well, comp for Martinez / Scotland and a ridiculous bid of £1m for Trundle prevented you posting losses in those seasons. And let's not mention Huw the Spews business. Or Ipswich over Priskin.

Dear Mr Malaysian Nerd Flag Waver.

West Ham are not dodgy - your just jealous thats all. Thats why you have to enter them into the conversation.

Secondly - are you high and mighty attacking a football fan for being illiterate - there are thousands,millions of them around the world - many of them who support the same team as you - so that statement by yourself is very pompus.

In life my son - you should not "grade " . you have lowered your normal posting standards and should apologise.

just because you can spell , read and write better than some - does not make you greater.

Flag waver? Just can't be arsed changing the picture, fella. Though I feel they are doing a better job than previous owners and aren't throwing money around, which I agree with.

West Ham are very dodgy, fella. Ah, actually, no, I take that back. It's just a mere co-incidence a director of OLPC happened to work for West Ham also during the bidding process. Clearly a co-incidence which played no part in it being deemed West Ham's bid, which would have kept the stadium as an athletics stadium, whilst taking 40m of taxpayers money was more in the public interest than Spurs' bid. After all, Spurs would have not used public money, would have been football only but upgraded Crystal Palace over and above the spec for the olympic stadium plus regenerated far more areas than the Hammers.

Yup, just a co-incidence.

You are waving a flag because you cant be arsed to remove it ? thats the best yet.

As for Dodgy - nobody is more Dodgy than your Malaysian mob but you will find that out in due course.

I notice you skip the main point that you attacked someone because you are more literate than them. Typical.

Hardly, Steve.

The Jack as shown by his posts generally seems to get his points utterly wrong. Ergo it's way more likely to be stupidity rather than anything else.

Plus it's a Jack.

All about good business fellas.
One day you'll realise.
Given the chance to do things our way and end up in the premiership without huge debts as a football club,
or
do things your way and end up where you still are, fighting to be where we are + in huge debts.
Where would you rather be,
Honestly answer that one.

Premiership is the ambition of dreams for all clubs.
But to do it without spending big is an achievement in itself.