Sat Jan 11, 2020 3:32 pm
Sat Jan 11, 2020 3:52 pm
Sat Jan 11, 2020 4:52 pm
welshcasual wrote:I made a sensible and on topic post (as usual) suggesting that instead of swapping debt from one owner to another, why not desire an owner that will make you live within your means.
It’s not my fault if people then want to turn the topic into any sort of anti-Swansea nonsense they can think of and me simply showing why they are incorrect.
Anything I post people reply with anti-Swansea rubbish, I’m afraid I can’t control the behaviour of others.
Sat Jan 11, 2020 5:10 pm
Charlie Harper wrote:welshcasual wrote:I made a sensible and on topic post (as usual) suggesting that instead of swapping debt from one owner to another, why not desire an owner that will make you live within your means.
It’s not my fault if people then want to turn the topic into any sort of anti-Swansea nonsense they can think of and me simply showing why they are incorrect.
Anything I post people reply with anti-Swansea rubbish, I’m afraid I can’t control the behaviour of others.
Maybe you should post your crap on planet swamp, nobody here gives a feck so shut the door behind you
Sat Jan 11, 2020 5:14 pm
welshcasual wrote:Charlie Harper wrote:welshcasual wrote:I made a sensible and on topic post (as usual) suggesting that instead of swapping debt from one owner to another, why not desire an owner that will make you live within your means.
It’s not my fault if people then want to turn the topic into any sort of anti-Swansea nonsense they can think of and me simply showing why they are incorrect.
Anything I post people reply with anti-Swansea rubbish, I’m afraid I can’t control the behaviour of others.
Maybe you should post your crap on planet swamp, nobody here gives a feck so shut the door behind you
The fact I am the most replied to poster on here bar none suggests otherwise.
Sat Jan 11, 2020 5:19 pm
Charlie Harper wrote:welshcasual wrote:Charlie Harper wrote:welshcasual wrote:I made a sensible and on topic post (as usual) suggesting that instead of swapping debt from one owner to another, why not desire an owner that will make you live within your means.
It’s not my fault if people then want to turn the topic into any sort of anti-Swansea nonsense they can think of and me simply showing why they are incorrect.
Anything I post people reply with anti-Swansea rubbish, I’m afraid I can’t control the behaviour of others.
Maybe you should post your crap on planet swamp, nobody here gives a feck so shut the door behind you
The fact I am the most replied to poster on here bar none suggests otherwise.
A legend in your own tiny head. Anyway you are now on ignore you boring feckwit
Sat Jan 11, 2020 5:24 pm
Charlie Harper wrote:welshcasual wrote:Charlie Harper wrote:welshcasual wrote:I made a sensible and on topic post (as usual) suggesting that instead of swapping debt from one owner to another, why not desire an owner that will make you live within your means.
It’s not my fault if people then want to turn the topic into any sort of anti-Swansea nonsense they can think of and me simply showing why they are incorrect.
Anything I post people reply with anti-Swansea rubbish, I’m afraid I can’t control the behaviour of others.
Maybe you should post your crap on planet swamp, nobody here gives a feck so shut the door behind you
The fact I am the most replied to poster on here bar none suggests otherwise.
A legend in your own tiny head. Anyway you are now on ignore you boring feckwit
Sat Jan 11, 2020 5:41 pm
Sat Jan 11, 2020 5:47 pm
valleymodeller wrote:No clubs at our level tend to live within their means these days. If a club wants to compete to get in to the PL they usually borrow or are funded by a wealthy owner (via loans). We've done the latter and the owner of the debt writes of the interest, then converts debt to equity. The club still has the money and the owner writes it off, which is his choice if he is super rich, which he is. The problem comes when an owner like that gets fed up or wants money back and stops funding the club. So far that hasn't happened to us.
I can't say I know too much about Swansea City in that respect, but so far they have sold a lot of players to keep funding the club, which lot of smaller clubs do when they are able. I have seen that the fans are very anti the US owners.
It now looks like both clubs are severely reducing their spending and relying on loans and /or cheaper lower division players and free agents.
Both clubs have taken a hit on finances over the last couple of years, Warnock for us with his poor spending record and Swansea for paying big fees and wages when in the PL and now suffering because they cannot unload some of those players and reduce the wage bill. But time will come for both clubs when the high earners are gone, it just needs to be seen whether there will be any significant investment again in the next 18 months. At the end of next season the PL payments end for both of us.
Sat Jan 11, 2020 6:53 pm
welshcasual wrote:valleymodeller wrote:No clubs at our level tend to live within their means these days. If a club wants to compete to get in to the PL they usually borrow or are funded by a wealthy owner (via loans). We've done the latter and the owner of the debt writes of the interest, then converts debt to equity. The club still has the money and the owner writes it off, which is his choice if he is super rich, which he is. The problem comes when an owner like that gets fed up or wants money back and stops funding the club. So far that hasn't happened to us.
I can't say I know too much about Swansea City in that respect, but so far they have sold a lot of players to keep funding the club, which lot of smaller clubs do when they are able. I have seen that the fans are very anti the US owners.
It now looks like both clubs are severely reducing their spending and relying on loans and /or cheaper lower division players and free agents.
Both clubs have taken a hit on finances over the last couple of years, Warnock for us with his poor spending record and Swansea for paying big fees and wages when in the PL and now suffering because they cannot unload some of those players and reduce the wage bill. But time will come for both clubs when the high earners are gone, it just needs to be seen whether there will be any significant investment again in the next 18 months. At the end of next season the PL payments end for both of us.
It has happened to you. His name is Sam Hammam.
Swansea have always sold players, from Trundle to Scotland to Sinclair to Allen to Davies to Bony to Gylfi etc etc it’s how clubs our size regenerate, that isn’t a new thing that the Americans have brought in. It has coincided with the natural end of our PL cycle meaning due to the reduced income of the Championship, those sales have to be more frequent.
But the aim is to be self sufficient and spending what the club earns, that means the likes of Ayew and Borja will probably not be here next season, but I’m fine with that. Getting loans from owners or shareholders is not a sustainable model and it will eventually bite you.
Sun Jan 12, 2020 12:44 am
Bluedodo wrote:welshcasual wrote:valleymodeller wrote:No clubs at our level tend to live within their means these days. If a club wants to compete to get in to the PL they usually borrow or are funded by a wealthy owner (via loans). We've done the latter and the owner of the debt writes of the interest, then converts debt to equity. The club still has the money and the owner writes it off, which is his choice if he is super rich, which he is. The problem comes when an owner like that gets fed up or wants money back and stops funding the club. So far that hasn't happened to us.
I can't say I know too much about Swansea City in that respect, but so far they have sold a lot of players to keep funding the club, which lot of smaller clubs do when they are able. I have seen that the fans are very anti the US owners.
It now looks like both clubs are severely reducing their spending and relying on loans and /or cheaper lower division players and free agents.
Both clubs have taken a hit on finances over the last couple of years, Warnock for us with his poor spending record and Swansea for paying big fees and wages when in the PL and now suffering because they cannot unload some of those players and reduce the wage bill. But time will come for both clubs when the high earners are gone, it just needs to be seen whether there will be any significant investment again in the next 18 months. At the end of next season the PL payments end for both of us.
It has happened to you. His name is Sam Hammam.
Swansea have always sold players, from Trundle to Scotland to Sinclair to Allen to Davies to Bony to Gylfi etc etc it’s how clubs our size regenerate, that isn’t a new thing that the Americans have brought in. It has coincided with the natural end of our PL cycle meaning due to the reduced income of the Championship, those sales have to be more frequent.
But the aim is to be self sufficient and spending what the club earns, that means the likes of Ayew and Borja will probably not be here next season, but I’m fine with that. Getting loans from owners or shareholders is not a sustainable model and it will eventually bite you.
You crack me up.... I've no doubts this will be your second season in a row where your debt increases so please please dont spout about clubs being self sufficient it makes you look like you have an agenda.
Oh hang on you do... Its to get bites.
Sun Jan 12, 2020 9:02 am
Welsh Giants wrote:How much remaining? If tan aint going to invest tidy id be ever so grateful for him to pay off our debt then sell us off to someone much richer