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Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:12 pm

Another £15m profit :malky:

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.’’

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:44 pm

late night tonight is it?

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:49 pm

BluebirdsTilIDie wrote:late night tonight is it?


Early for my standards.

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:49 pm

Why the interest in our club? They get released when club is ready to and not before! :thumbup:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:51 pm

pembroke allan wrote:Why the interest in our club? They get released when club is ready to and not before! :thumbup:


:laughing6: if only that were true Al. They must be released on a specific date.

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:52 pm

Can you share how much debt you left when you liquidised ?

im sure the bankrupted companies take no pleasure in reading this - do the right thing and pay back those you scum owe

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:53 pm

NIBluebird wrote:Can you share how much debt you left when you liquidised ?

im sure the bankrupted companies take no pleasure in reading this - do the right thing and pay back those you scum owe


We were never liquidated.... Or liquidised as you call it :lol:

Whos been telling you your info? :lol:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:57 pm

were you not in admin and bought for a pound or are you in denial ?

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 3:59 pm

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

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:00 pm

NIBluebird wrote:were you not in admin and bought for a pound or are you in denial ?


Well administration and liquidation are two differing things. However we werent in either when the current (then new) owners had to agree a CVA. :thumbup:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:02 pm

Road Runner BeepBeep wrote: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 :thumbup:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:09 pm

RoathMagic wrote:
Road Runner BeepBeep wrote: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 :thumbup:


good to see they sorted the local businesses if true.
i always think the club is at the heart of the community.Take Cardiff who'll be donating £1 million to local charity's every year they stay in the premier league.

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:10 pm

So.... Anyone know when yours are released?

For all the protestation that you "only accepted the red for financial security" there doesnt seem much talk about the impending release of the yearly accounts? Anyone would think that wasnt the reason you accepted the red :D

Rooney, RVP... Whistle ;)

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:10 pm

The 2001 problems of the jacks' club are well documented, here's just one piece http://news.bbc.co.uk/2/hi/uk_news/wales/1892909.stm

I bet John Hollins wasn't appreciative.

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:12 pm

alexc wrote:The 2001 problems of the jacks' club are well documented, here's just one piece http://news.bbc.co.uk/2/hi/uk_news/wales/1892909.stm

I bet John Hollins wasn't appreciative.


Right? Im sure we are all aware of this CVA 12 years ago :lol: .

What has that got to do with your accounts?

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:18 pm

Notice that the troll happily talked about Mel Nurse three posts ago and now wants others to not talk about it. :lol:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:20 pm

alexc wrote:Notice that the troll happily talked about Mel Nurse three posts ago and now wants others to not talk about it. :lol:


Where have I asked anyone not to talk about it?

Ive asked what the relevance is to the thread which was the accounts being released, so when are yours?

Funny you call me a troll when you are taking a thread off topic while name calling.. Irony.

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:21 pm

alexc wrote:Notice that the troll happily talked about Mel Nurse three posts ago and now wants others to not talk about it. :lol:


RoathMagic only likes to talk about things when it suits him. The saddest thing of all is that he most likely knows when ours accounts are out. He just questions it to bait and troll.

The accounts at Cardiff will be looking rough. Roath knows that already, he's just getting kicks out of posting about it on here. Quite sad, when you consider the time difference & the fact he's in Australia (supposedly) and he has been posting on here all day from looking at his posts today.

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:22 pm

Why are you so interested in our accounts ?

which country are you in now ?

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:23 pm

NIBluebird wrote:Why are you so interested in our accounts ?

which country are you in now ?


They are fascinating :D

Anyway do you know? And im in Australia still :thumbup:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:26 pm

TownhillMagic wrote:
alexc wrote:Notice that the troll happily talked about Mel Nurse three posts ago and now wants others to not talk about it. :lol:


RoathMagic only likes to talk about things when it suits him. The saddest thing of all is that he most likely knows when ours accounts are out. He just questions it to bait and troll.

where have i said im not happy to discuss anything? Ive simply asked what the relevance is. If you would like to set up a thread regarding the CVA 12 years ago then I shall be a keen contributor :thumbup:

The accounts at Cardiff will be looking rough. Roath knows that already, he's just getting kicks out of posting about it on here. Quite sad, when you consider the time difference & the fact he's in Australia (supposedly) and he has been posting on here all day from looking at his posts today.

why is that sad? Im genuinely interested in the figures. This forum is a constant window of many on my screen, its excellent entertainment while earning $1000's of dollars online :lol:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:29 pm

Which part of Australia ?

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:30 pm

NIBluebird wrote:Which part of Australia ?


Just outside Darwin at present :thumbup:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:31 pm

if everybody just ignored him he would f**k off

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 4:31 pm

binero wrote:if everybody just ignored him he would f**k off


Interesting theory :lol:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 7:16 pm

RoathMagic wrote:Another £15m profit :malky:

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 :thumbright:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 7:23 pm

Roath Magic getting taught a lesson on how to shut his mouth in this thread :lol: dig dig that hole mr Yield

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 7:27 pm

BobbyBlue wrote:Roath Magic getting taught a lesson on how to shut his mouth in this thread :lol: dig dig that hole mr Yield


What is this "mr yield" all about :?

And in what way am im i shutting my mouth? I asked when the accounts were released and nobody knows :lol:

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 7:32 pm

RoathMagic wrote:
BobbyBlue wrote:Roath Magic getting taught a lesson on how to shut his mouth in this thread :lol: dig dig that hole mr Yield


What is this "mr yield" all about :?

And in what way am im i shutting my mouth? I asked when the accounts were released and nobody knows :lol:


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

Re: Swansea accounts released! When are yours?

Thu Oct 31, 2013 7:33 pm

A bonus for your board again?????

Who cares about ours, Tan will just chuck another £50 million in :thumbup: