Wed Jan 22, 2020 6:46 pm
RV Casual wrote:Escott1927 wrote:RV Casual wrote:As much as I 'dislike' them it's sad news for Welsh Football and the National Team, a lot of decent talent has come through their ranks.
Fully appreciate I will be in a small minority mind haba
Definitely in the minority
They don't bother me that much mate, as much as I would always like us to finish above them.
Iv always hated Bristol City and detest Newport County.
Wed Jan 22, 2020 7:21 pm
Bluebina wrote:Milkybarkid wrote:Classic asset stripping by the investors Thou I am no fan of the swans it is some what sad for football in general that this is happening The future does not look bright for the swans
Yes fantastic news isn't it, hopefully they will go under in a few years
Wed Jan 22, 2020 7:27 pm
nojac wrote:I dont believe anything about the Jacks , unless roathie explains everything in great detail 15 times .
Having said that , it must be true.
Because there's no sign of #welshcasual !
Wed Jan 22, 2020 7:31 pm
OriginalGrangeEndBlue wrote:nojac wrote:I dont believe anything about the Jacks , unless roathie explains everything in great detail 15 times .
Having said that , it must be true.
Because there's no sign of #welshcasual !
He’s banned mate.
Been back since with another name but I’m sure he’s lurking not far away shaking and frothing at the mouth ready to post.
Wed Jan 22, 2020 9:04 pm
Forever Blue wrote:Mad Swansea have sold their academy ground and have dropped from a category 1 to a 3 at the end of season
Jacks parachute drops from circa £33m this season to circa £15m next season.
Wed Jan 22, 2020 10:50 pm
ristey1927 wrote:F*ck them !!!
Remember the collection buckets when they were going into administration, should have left them to rot.
Thu Jan 23, 2020 6:43 am
Thu Jan 23, 2020 7:37 am
Thu Jan 23, 2020 8:06 am
Bluedodo wrote:The jacks are questioning the validity of that twitter account as nothings come out from club or press.
Thu Jan 23, 2020 8:45 am
Thu Jan 23, 2020 9:03 am
Forever Blue wrote:Bluedodo wrote:The jacks are questioning the validity of that twitter account as nothings come out from club or press.
Their club is holding back I heard and were waiting fir the right time.
I got given it before that account put it out by a Jack scout who use to be on Cardiff’s books.
Thu Jan 23, 2020 9:33 am
Bluedodo wrote:Forever Blue wrote:Bluedodo wrote:The jacks are questioning the validity of that twitter account as nothings come out from club or press.
Their club is holding back I heard and were waiting fir the right time.
I got given it before that account put it out by a Jack scout who use to be on Cardiff’s books.
Not suprised if they are holding it back. Fans will finally get the message the yanks arent here to spend money.
All that work being undone.
Thu Jan 23, 2020 9:51 am
Fusilier52 wrote:Bluedodo wrote:Forever Blue wrote:Bluedodo wrote:The jacks are questioning the validity of that twitter account as nothings come out from club or press.
Their club is holding back I heard and were waiting fir the right time.
I got given it before that account put it out by a Jack scout who use to be on Cardiff’s books.
Not suprised if they are holding it back. Fans will finally get the message the yanks arent here to spend money.
All that work being undone.
Old news.
Trevor Birch gives key update on the future of Swansea City's academy amid reports of possible sale
The Swans' chairman has vowed to update supporters on what could happen with the club's academy, whether it's "good or not so good" news
By Ian Mitchelmore
30 DEC 2019
SPORT
Trevor Birch has revealed an announcement on the future of Swansea City's academy will be made after the January transfer window.
Reports in the national media recently claimed that the club were considering selling their Landore facility as they continue to cut costs following last year's relegation from the Premier League.
The success of Swansea's academy has been well documented over the last 18 months, with Graham Potter using no fewer than nine players from the youth set-up last season.
Steve Cooper has gone on to use five of those in his debut campaign at SA1 while also giving a further five their first team bows.
But with parachute payments set to drop once again in the summer, Swansea must continue to reduce costs.
Thu Jan 23, 2020 10:30 am
Forever Blue wrote:Fusilier52 wrote:Bluedodo wrote:Forever Blue wrote:Bluedodo wrote:The jacks are questioning the validity of that twitter account as nothings come out from club or press.
Their club is holding back I heard and were waiting fir the right time.
I got given it before that account put it out by a Jack scout who use to be on Cardiff’s books.
Not suprised if they are holding it back. Fans will finally get the message the yanks arent here to spend money.
All that work being undone.
Old news.
Trevor Birch gives key update on the future of Swansea City's academy amid reports of possible sale
The Swans' chairman has vowed to update supporters on what could happen with the club's academy, whether it's "good or not so good" news
By Ian Mitchelmore
30 DEC 2019
SPORT
Trevor Birch has revealed an announcement on the future of Swansea City's academy will be made after the January transfer window.
Reports in the national media recently claimed that the club were considering selling their Landore facility as they continue to cut costs following last year's relegation from the Premier League.
The success of Swansea's academy has been well documented over the last 18 months, with Graham Potter using no fewer than nine players from the youth set-up last season.
Steve Cooper has gone on to use five of those in his debut campaign at SA1 while also giving a further five their first team bows.
But with parachute payments set to drop once again in the summer, Swansea must continue to reduce costs.
Well not really old news?
as the transfer market for Jan has not finished yet and they then will announce it.
Thu Jan 23, 2020 11:11 am
Fusilier52 wrote:Forever Blue wrote:Fusilier52 wrote:Bluedodo wrote:Forever Blue wrote:Bluedodo wrote:The jacks are questioning the validity of that twitter account as nothings come out from club or press.
Their club is holding back I heard and were waiting fir the right time.
I got given it before that account put it out by a Jack scout who use to be on Cardiff’s books.
Not suprised if they are holding it back. Fans will finally get the message the yanks arent here to spend money.
All that work being undone.
Old news.
Trevor Birch gives key update on the future of Swansea City's academy amid reports of possible sale
The Swans' chairman has vowed to update supporters on what could happen with the club's academy, whether it's "good or not so good" news
By Ian Mitchelmore
30 DEC 2019
SPORT
Trevor Birch has revealed an announcement on the future of Swansea City's academy will be made after the January transfer window.
Reports in the national media recently claimed that the club were considering selling their Landore facility as they continue to cut costs following last year's relegation from the Premier League.
The success of Swansea's academy has been well documented over the last 18 months, with Graham Potter using no fewer than nine players from the youth set-up last season.
Steve Cooper has gone on to use five of those in his debut campaign at SA1 while also giving a further five their first team bows.
But with parachute payments set to drop once again in the summer, Swansea must continue to reduce costs.
Well not really old news?
as the transfer market for Jan has not finished yet and they then will announce it.
Yes but what ever decesion is made it won't come as a shock . there's plenty of rumours going around about Landore being sold for a business to take over ( its in a commercial area so very unlikely houses would be built there) and fairwood is half owned by the Unviversity so the Club could sell their half , if the University wanted to buy it , if they didn't then who to ?its a massive complex I can't imagine a decesion would be made before knowing whether the big earners are sold in January or if theres a chance of promotion . Everyone knows the yanks aren't in the Club to invest and thats seems to have been accepted but who knows eh ?
Thu Jan 23, 2020 11:44 am
nojac wrote:I dont believe anything about the Jacks , unless roathie explains everything in great detail 15 times .
Having said that , it must be true.
Because there's no sign of #welshcasual !
welshcasual wrote:Charlie Harper wrote:The parachute money you've had, the £35M for James and no socks Mcburnie. Read planet swamp as they are all asking the question. Its comedy gold I tell you
It doesn't matter who is asking it really, the answer remains the same.
Parachute payments are there to cover a drop in revenue upon relegation. We went from income around the 105m mark to about 18m. Parachute payments would bump that up to around 60m leaving a 45m per year black hole.
James and McBurnie were sold but sales are amortised, meaning thy payments are spread across a period of time, meaning you dont get 35m up front. So far we have probably had a third of both fees - 12m lets say. Leaving a 33m black hole. This was reduced further by getting rid of salaries etc for the likes of Fer, J Ayew, Narsingh, Bony and Olsson which all in all (including some others) we expected trimmed another 24m of the salary bill. We also added about 1m worth of players in transfer fees, signing on fees and agents fees leaving a 10m loss roughly for the year. Almost certainly some form of loss and no profit at all.
Parachute payments are reduced by around 8m in the second season, yet we carry the costs over from the season before. Its likely we will need to sell another 1 or 2 before being able to break even (that's with the parachute payments).
Without the parachute payments we will need to restructure further, making cuts to the academy status etc to enable us to live self sufficiently.
Anyone who thinks there is any money to take is living in cloud cuckoo land. To be blunt. Hope that answers your question.
Thu Jan 23, 2020 11:48 am
Forever Blue wrote:
Well it was a shock to me and many other Cardiff fans, as I thought from the outside they were well run.
Thu Jan 23, 2020 11:52 am
badgeofhonor wrote:Forever Blue wrote:
Well it was a shock to me and many other Cardiff fans, as I thought from the outside they were well run.
You were right to post it, certainly newsworthy - but not something that wasn't known if you know what I mean.
This happening doesn't suggest the club isn't well run, quite the opposite. Decisions like these are hard but they have to be made for the club to be self sufficient outside the PL, not taking this decision would be the indication of not being well run. Category 1 status academies are Premier League luxuries.
The academy isn't being sold, just downgraded as expected. Their share of the land has been sold to the uni and then leased back to the club.
Thu Jan 23, 2020 12:31 pm
Milkybarkid wrote:Classic asset stripping by the investors Thou I am no fan of the swans it is some what sad for football in general that this is happening The future does not look bright for the swans
Thu Jan 23, 2020 12:58 pm
badgeofhonor wrote:Forever Blue wrote:
Well it was a shock to me and many other Cardiff fans, as I thought from the outside they were well run.
You were right to post it, certainly newsworthy - but not something that wasn't known if you know what I mean.
This happening doesn't suggest the club isn't well run, quite the opposite. Decisions like these are hard but they have to be made for the club to be self sufficient outside the PL, not taking this decision would be the indication of not being well run. Category 1 status academies are Premier League luxuries.
The academy isn't being sold, just downgraded as expected. Their share of the land has been sold to the uni and then leased back to the club.
Thu Jan 23, 2020 1:00 pm
goats wrote:
And he’s back.....
Thu Jan 23, 2020 1:03 pm
badgeofhonor wrote:Milkybarkid wrote:Classic asset stripping by the investors Thou I am no fan of the swans it is some what sad for football in general that this is happening The future does not look bright for the swans
It is not asset stripping, it is cost cutting.
Do you really think the club can keep its Premier League overheads in the Championship? It would be sad for football should this decision not have been made, we have seen enough clubs struggle financially and live beyond their means over the years.
It is the same with Cardiff, there is a reason the club are not looking to spend money in January, there is very little money after relegation.
Thu Jan 23, 2020 1:03 pm
Thu Jan 23, 2020 1:05 pm
JasonFowler1991 wrote:Wasn't a Swansea fan on here a few weeks ago stating how much of a model club they are, because they invested in their academy rather than their stadium, as stadiums are all but worthless.
Well now they have no academy and no stadium. Ouch.
Thu Jan 23, 2020 1:12 pm
JasonFowler1991 wrote:Wasn't a Swansea fan on here a few weeks ago stating how much of a model club they are, because they invested in their academy rather than their stadium, as stadiums are all but worthless.
Well now they have no academy and no stadium. Ouch.
Thu Jan 23, 2020 1:41 pm
badgeofhonor wrote:JasonFowler1991 wrote:Wasn't a Swansea fan on here a few weeks ago stating how much of a model club they are, because they invested in their academy rather than their stadium, as stadiums are all but worthless.
Well now they have no academy and no stadium. Ouch.
No, ''how much of a model club they are'' is something you have added.
What was said was it was far more important spending money on an academy than buying a stadium we already had a 100 year lease on. That remains correct.
Category 1 status allowed us to bring in the likes of McBurnie, Dan James, Cian Harris and Ben Cabango. Not to mention develop the likes of Ben Davies and Conor Roberts.
I don't know what you mean by Swansea have ''no academy'' now? The academy is staying, it is being downgraded from category 1 - something not many clubs outside the Premier League can afford.
Thu Jan 23, 2020 1:42 pm
JasonFowler1991 wrote:Wasn't a Swansea fan on here a few weeks ago stating how much of a model club they are, because they invested in their academy rather than their stadium, as stadiums are all but worthless.
Well now they have no academy and no stadium. Ouch.
Thu Jan 23, 2020 2:02 pm
Bluebina wrote:
Bore off RoathyNo one falls for your shite anymore, you know it's bad news we know it's fantastic news, your golden goose has just been shot
Thu Jan 23, 2020 3:22 pm
badgeofhonor wrote:Bluebina wrote:
Bore off RoathyNo one falls for your shite anymore, you know it's bad news we know it's fantastic news, your golden goose has just been shot
What do you mean ''it's bad news''?![]()
It's part and parcel of relegation, it isn't really ''news'' as such. Just like Ayew will be sold off in the summer, it wont be ''bad news'', just one of a number of things that have to happen upon relegation - the academy downgrade was one such thing... hence why I have said it several times on here over the last 6 months or so. I am amazed it was kep category 1 this long to be honest.
Thu Jan 23, 2020 3:23 pm