Swansea accounts released! When are yours?

You said it to me first 6% yield the other day, just pissing about mr yield chillout

I called you mr yield? Where?

I still dont understand.

You said it to me first 6% yield the other day, just pissing about mr yield chillout

I called you mr yield? Where?

I still dont understand.

Well on my other account init. And u weren't calling mr yield, you were just banging on about rental yield

I mentioned it once didn't I? Explaining why i don't rent.

I mentioned it once didn't I? Explaining why i don't rent.

It don't matter

Another £15m profit

When are yours due for release?

http://www.swanseacity.net/news/article ... 46109.aspx

Swansea City is pleased to announce details of its latest accounts which show a healthy profit of £15.3m for the year ending May 31, 2013.
The Barclays Premier League club saw its turnover, excluding player dealings, increase by £1.9m to £67.1m, up from £65.2m the previous year.
Profit before interest charges and taxation amounted to £20.6m which was made up of £8.4m from normal operations and £12.2m from player dealings which arose in the main from the sale of players Joe Allen and Scott Sinclair.
After adjusting for interest charges and taxation, the net profit was £15.3m compared with a £14.6m profit the previous year.
A final dividend of £1m was declared and paid to the parent company, Swansea City Football 2002 Limited, making a total of £2.4m for the year.
Swansea City’s Finance Director, Don Keefe, said: “The Board is extremely pleased with the latest results and the year in general, both on and off the pitch.
“We have put the funds generated by these profits to good use with the completion of a new £6m Youth Academy training facility near the Liberty Stadium, plus an initial £5m on a new training complex at nearby Fairwood.
“The club has also continued to invest in the playing squad to maintain a performance standard required for participation in the Barclays Premier League.
“The net book value of player registration costs was £19.1m at May, 31, 2013 – an increase of £8.9m over the previous year.
“Team performance on the pitch was excellent with a ninth-place finish in the Barclays Premier League and a Capital One Cup victory at Wembley Stadium which provided entry into this season’s Europa League competition.’’

If your'e so interested/obsessed May i suggest you f*cking phone the club to find out when they are out

Of course you may suggest that.

Although my point was.... Why arent YOU LOT interested. Wasnt the whole rebrand acceptance supposed to be because of a better financial outlook. Yet come accounts time, nobody seems to care.

Which sort of aligns itself with my opinion the "financial security" excuse was a facade to support the destruction of your identity in return for seeing Robin van Persie.

Another £15m profit

When are yours due for release?

http://www.swanseacity.net/news/article ... 46109.aspx

Swansea City is pleased to announce details of its latest accounts which show a healthy profit of £15.3m for the year ending May 31, 2013.
The Barclays Premier League club saw its turnover, excluding player dealings, increase by £1.9m to £67.1m, up from £65.2m the previous year.
Profit before interest charges and taxation amounted to £20.6m which was made up of £8.4m from normal operations and £12.2m from player dealings which arose in the main from the sale of players Joe Allen and Scott Sinclair.
After adjusting for interest charges and taxation, the net profit was £15.3m compared with a £14.6m profit the previous year.
A final dividend of £1m was declared and paid to the parent company, Swansea City Football 2002 Limited, making a total of £2.4m for the year.
Swansea City’s Finance Director, Don Keefe, said: “The Board is extremely pleased with the latest results and the year in general, both on and off the pitch.
“We have put the funds generated by these profits to good use with the completion of a new £6m Youth Academy training facility near the Liberty Stadium, plus an initial £5m on a new training complex at nearby Fairwood.
“The club has also continued to invest in the playing squad to maintain a performance standard required for participation in the Barclays Premier League.
“The net book value of player registration costs was £19.1m at May, 31, 2013 – an increase of £8.9m over the previous year.
“Team performance on the pitch was excellent with a ninth-place finish in the Barclays Premier League and a Capital One Cup victory at Wembley Stadium which provided entry into this season’s Europa League competition.’’

YOU MUST HAVE SOLD LOADS OF PEGS DOWN WEST

I for one do not trust Tan or believe anything the man says

Another £15m profit

When are yours due for release?

http://www.swanseacity.net/news/article ... 46109.aspx

Swansea City is pleased to announce details of its latest accounts which show a healthy profit of £15.3m for the year ending May 31, 2013.
The Barclays Premier League club saw its turnover, excluding player dealings, increase by £1.9m to £67.1m, up from £65.2m the previous year.
Profit before interest charges and taxation amounted to £20.6m which was made up of £8.4m from normal operations and £12.2m from player dealings which arose in the main from the sale of players Joe Allen and Scott Sinclair.
After adjusting for interest charges and taxation, the net profit was £15.3m compared with a £14.6m profit the previous year.
A final dividend of £1m was declared and paid to the parent company, Swansea City Football 2002 Limited, making a total of £2.4m for the year.
Swansea City’s Finance Director, Don Keefe, said: “The Board is extremely pleased with the latest results and the year in general, both on and off the pitch.
“We have put the funds generated by these profits to good use with the completion of a new £6m Youth Academy training facility near the Liberty Stadium, plus an initial £5m on a new training complex at nearby Fairwood.
“The club has also continued to invest in the playing squad to maintain a performance standard required for participation in the Barclays Premier League.
“The net book value of player registration costs was £19.1m at May, 31, 2013 – an increase of £8.9m over the previous year.
“Team performance on the pitch was excellent with a ninth-place finish in the Barclays Premier League and a Capital One Cup victory at Wembley Stadium which provided entry into this season’s Europa League competition.’’

Why? what the f**k as it got to do with you, you f*cking numpty

How much debt did Swansea leave.
A good gesture would be to start paying back to local businesses now their doing so well.

Well the majority was bought off 9th floor by Mel Nurse who bought it with the intention of writing it off, i think the rest of the debts to local businesses came to about 18k. Most of which was paid back by free advertising and rental costs

That's bollox.

Total myth put about by people who like to rewrite history and pretend you never hurt anyone by going bust. Football expert my arse, you don't even know the history of your own club.


Lying Jack b*stard.

Another £15m profit

When are yours due for release?

http://www.swanseacity.net/news/article ... 46109.aspx

Swansea City is pleased to announce details of its latest accounts which show a healthy profit of £15.3m for the year ending May 31, 2013.
The Barclays Premier League club saw its turnover, excluding player dealings, increase by £1.9m to £67.1m, up from £65.2m the previous year.
Profit before interest charges and taxation amounted to £20.6m which was made up of £8.4m from normal operations and £12.2m from player dealings which arose in the main from the sale of players Joe Allen and Scott Sinclair.
After adjusting for interest charges and taxation, the net profit was £15.3m compared with a £14.6m profit the previous year.
A final dividend of £1m was declared and paid to the parent company, Swansea City Football 2002 Limited, making a total of £2.4m for the year.
Swansea City’s Finance Director, Don Keefe, said: “The Board is extremely pleased with the latest results and the year in general, both on and off the pitch.
“We have put the funds generated by these profits to good use with the completion of a new £6m Youth Academy training facility near the Liberty Stadium, plus an initial £5m on a new training complex at nearby Fairwood.
“The club has also continued to invest in the playing squad to maintain a performance standard required for participation in the Barclays Premier League.
“The net book value of player registration costs was £19.1m at May, 31, 2013 – an increase of £8.9m over the previous year.
“Team performance on the pitch was excellent with a ninth-place finish in the Barclays Premier League and a Capital One Cup victory at Wembley Stadium which provided entry into this season’s Europa League competition.’’

Another wonderfully healthy set of results especially when you consider the £11m pumped into the two training complexes

You do realise that the £11m will have been capitalised and therefore had no effect on the P and L ?

Actually -no you don't as you don't really understand accounts as proven last Friday and again today. Although you do like to talk about them as if you do

The key figure is the operating profit and reasonably healthy it is. Not huge given the amount of TV money available, but you are hamstrung by the small support base and ground limiting your income.

Answer to your question is the acconts won't be out for some time yet as the year end was May and our club tends to leave it until the last minute, as most companies do -in order to max. the time for adjustments.

If they wanted to pay themselves £1m or so after making a healthy profit they might show them earlier. However given it will be another big loss I doubt they are in any rush.

It's obviously going to show a loss just like Swansea did in the first season in the prem.

It's obviously going to show a loss just like Swansea did in the first season in the prem.

They didn't. they made a big profit. £16m after transfers i think - it was their promotion season they lost £8m+

Another £15m profit

When are yours due for release?

http://www.swanseacity.net/news/article ... 46109.aspx

Swansea City is pleased to announce details of its latest accounts which show a healthy profit of £15.3m for the year ending May 31, 2013.
The Barclays Premier League club saw its turnover, excluding player dealings, increase by £1.9m to £67.1m, up from £65.2m the previous year.
Profit before interest charges and taxation amounted to £20.6m which was made up of £8.4m from normal operations and £12.2m from player dealings which arose in the main from the sale of players Joe Allen and Scott Sinclair.
After adjusting for interest charges and taxation, the net profit was £15.3m compared with a £14.6m profit the previous year.
A final dividend of £1m was declared and paid to the parent company, Swansea City Football 2002 Limited, making a total of £2.4m for the year.
Swansea City’s Finance Director, Don Keefe, said: “The Board is extremely pleased with the latest results and the year in general, both on and off the pitch.
“We have put the funds generated by these profits to good use with the completion of a new £6m Youth Academy training facility near the Liberty Stadium, plus an initial £5m on a new training complex at nearby Fairwood.
“The club has also continued to invest in the playing squad to maintain a performance standard required for participation in the Barclays Premier League.
“The net book value of player registration costs was £19.1m at May, 31, 2013 – an increase of £8.9m over the previous year.
“Team performance on the pitch was excellent with a ninth-place finish in the Barclays Premier League and a Capital One Cup victory at Wembley Stadium which provided entry into this season’s Europa League competition.’’

Another wonderfully healthy set of results especially when you consider the £11m pumped into the two training complexes

You do realise that the £11m will have been capitalised and therefore had no effect on the P and L ?

Actually -no you don't as you don't really understand accounts as proven last Friday and again today. Although you do like to talk about them as if you do

The key figure is the operating profit and reasonably healthy it is. Not huge given the amount of TV money available, but you are hamstrung by the small support base and ground limiting your income.

Lets see when the actual accounts come out in a couple of days.

Regardless though, anyone who considers those figures anything other than wonderfully healthy given the state of football finances in this country is living in cloud cuckoo land

Another £15m profit

When are yours due for release?

http://www.swanseacity.net/news/article ... 46109.aspx

Swansea City is pleased to announce details of its latest accounts which show a healthy profit of £15.3m for the year ending May 31, 2013.
The Barclays Premier League club saw its turnover, excluding player dealings, increase by £1.9m to £67.1m, up from £65.2m the previous year.
Profit before interest charges and taxation amounted to £20.6m which was made up of £8.4m from normal operations and £12.2m from player dealings which arose in the main from the sale of players Joe Allen and Scott Sinclair.
After adjusting for interest charges and taxation, the net profit was £15.3m compared with a £14.6m profit the previous year.
A final dividend of £1m was declared and paid to the parent company, Swansea City Football 2002 Limited, making a total of £2.4m for the year.
Swansea City’s Finance Director, Don Keefe, said: “The Board is extremely pleased with the latest results and the year in general, both on and off the pitch.
“We have put the funds generated by these profits to good use with the completion of a new £6m Youth Academy training facility near the Liberty Stadium, plus an initial £5m on a new training complex at nearby Fairwood.
“The club has also continued to invest in the playing squad to maintain a performance standard required for participation in the Barclays Premier League.
“The net book value of player registration costs was £19.1m at May, 31, 2013 – an increase of £8.9m over the previous year.
“Team performance on the pitch was excellent with a ninth-place finish in the Barclays Premier League and a Capital One Cup victory at Wembley Stadium which provided entry into this season’s Europa League competition.’’

Another wonderfully healthy set of results especially when you consider the £11m pumped into the two training complexes

You do realise that the £11m will have been capitalised and therefore had no effect on the P and L ?

Actually -no you don't as you don't really understand accounts as proven last Friday and again today. Although you do like to talk about them as if you do

The key figure is the operating profit and reasonably healthy it is. Not huge given the amount of TV money available, but you are hamstrung by the small support base and ground limiting your income.

On the other hand we charge more than you so that closes the gap and lets be honest 7000 seats at an average of say £300 is hardly enough to pay for a striker from eastern Europe who isnt wanted by your manager.

Take Cardiff who'll be donating £1 million to local charity's every year they stay in the premier league.

Whilst £90 million goes to a bloke in Malaysia.

How much debt did Swansea leave.
A good gesture would be to start paying back to local businesses now their doing so well.

Well the majority was bought off 9th floor by Mel Nurse who bought it with the intention of writing it off, i think the rest of the debts to local businesses came to about 18k. Most of which was paid back by free advertising and rental costs

That's bollox.

Total myth put about by people who like to rewrite history and pretend you never hurt anyone by going bust. Football expert my arse, you don't even know the history of your own club.


Lying Jack b*stard.

Which bit is a myth, let me play myth buster for you

Shoot..

It's obviously going to show a loss just like Swansea did in the first season in the prem.

They didn't. they made a big profit. £16m after transfers i think - it was their promotion season they lost £8m+

Due to costs incurred from the promotion of course

Not interested in the finances of scumsea city, piss off gypos

That's bollox.

Total myth put about by people who like to rewrite history and pretend you never hurt anyone by going bust. Football expert my arse, you don't even know the history of your own club.


Lying Jack b*stard.

Calm down mun, don't take it so personal.

Fact is, we all know that if you were faced with he same scenario, you would whore your club to the first punter willing to offer you cash in exchange for your integrity. You would rather see your club cease to exist rather than go into a CVA, which stands for Company Voluntary Agreement. I shall type this slowly, Company Voluntary Agreement, its VOLUNTARY, anyone could have said no, but they didn't. Where as the sort of CVA you are engaged in is "Cwch Vince's Arse".

Will I get banned for this?

Ours have gone missing again.. As the song goes "We do what we want"