| Kieran Maguire on Swansea City finances 18:27 - May 1 with 6548 views | QJumpingJack |
Excellent analysis on this link:
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| Kieran Maguire on Swansea City finances on 18:52 - May 1 with 3437 views | Kilkennyjack |
Doesn’t sound great … ? |  |
| Beware of the Risen People
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| Kieran Maguire on Swansea City finances on 19:11 - May 1 with 3376 views | Whiterockin |
Transfer receivables £6.7M sticks out for me, we must have quite a bit outstanding. |  | | |
| Kieran Maguire on Swansea City finances on 19:42 - May 1 with 3311 views | QJumpingJack |
If you follow his posts on his own thread, this is quite telling:
Swansea have had an impressive player trading model which has delivered £200m profits in last decade. Swansea have had a negative net spend on transfers for last five seasons | | | |
| Kieran Maguire on Swansea City finances on 20:07 - May 1 with 3260 views | Whiterockin |
| Kieran Maguire on Swansea City finances on 19:42 - May 1 by QJumpingJack |
If you follow his posts on his own thread, this is quite telling:
Swansea have had an impressive player trading model which has delivered £200m profits in last decade. Swansea have had a negative net spend on transfers for last five seasons |
Which is completely different to what sometimes appears on here, that we are in the top half of the table with regards to player spending. Who do you believe? | | | |
| Kieran Maguire on Swansea City finances on 20:31 - May 1 with 3206 views | Dr_Winston |
| Kieran Maguire on Swansea City finances on 20:07 - May 1 by Whiterockin |
Which is completely different to what sometimes appears on here, that we are in the top half of the table with regards to player spending. Who do you believe? |
It's a naughty figure which concentrates only on the headline "transfer fee" aspect of a deal and takes no notice of other costs such as wages.
The only figure people really need to concentrate on is the wage bill compared to the turnover. It's clear that the club have been spending significantly over our income in recent years despite the incessant and tedious bleating about the perceived lack of "investment". That figure has to come down and apparently is. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Kieran Maguire on Swansea City finances on 20:45 - May 1 with 3139 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 20:07 - May 1 by Whiterockin |
Which is completely different to what sometimes appears on here, that we are in the top half of the table with regards to player spending. Who do you believe? |
There is nothing to believe, we are amongst the highest spenders in the league.
We can’t keep having these same conversations surely?
Net spend is what you are referring to, which is irrelevant as I’ve shown numerous times.
If Man City spend £40m next season on a class young defender and sell John Stones for £120m, they have a net spend of -£80m.
If Bournemouth spend £5m and sell nobody, they have a net spend of £5m.
Do we think Bournemouth are going to finish higher than Man City because they have a £85m greater net spend in terms of acquisitions? Of course not, is the answer.
Money spent + value of squad is ALWAYS a key indication of success, I can link you to the thread where I went through every league I was asked in order to prove this.
The obsession with net spend really needs to die, you are comparing apples to oranges and players have no comparable values as each situation is different and each market is different.
If we sold Fisher tomorrow for £1.5m and bought Fabianski for £1m, have we improved our side or made it worse? We would have improved it, clearly.
Spend is far more important than net spend because it allows freedom of choice to reshape a squad. Some teams in this league haven’t spent a penny for years, where as we spend millions yearly. [Post edited 1 May 2023 20:46]
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| Kieran Maguire on Swansea City finances on 20:49 - May 1 with 3150 views | magicdaps10 |
Interestingly he states that 15th in the league is about right in regards to those figures he states.
An unbiased view. |  |
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| Kieran Maguire on Swansea City finances on 20:50 - May 1 with 3121 views | Dr_Parnassus |
Also important to note that will people were saying we had a bottom third budget, much to my protestations… we had a salary bill of £26m.
That puts us firmly in the top 6 in Russell’s first season, as I said at the time.
This season we also have an extremely competitive salary budget that would put us into the top 8.
So that is another myth that can die today please. | |
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| Kieran Maguire on Swansea City finances on 20:57 - May 1 with 3102 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 20:49 - May 1 by magicdaps10 |
Interestingly he states that 15th in the league is about right in regards to those figures he states.
An unbiased view. |
Yet top 10 spenders and top 10 salary?
Where did he say that? And which figures is he referring to.
This is yet another thing I’ve called spot on daps.
Is it sinking in yet? | |
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| Kieran Maguire on Swansea City finances on 20:58 - May 1 with 3117 views | Whiterockin |
| Kieran Maguire on Swansea City finances on 20:49 - May 1 by magicdaps10 |
Interestingly he states that 15th in the league is about right in regards to those figures he states.
An unbiased view. |
So this season we are over performing? | | | |
| Kieran Maguire on Swansea City finances on 21:01 - May 1 with 3078 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 20:58 - May 1 by Whiterockin |
So this season we are over performing? |
This season we should be in the top 8 based on salary, squad value and spending.
We are 10th.
We may get there if we smash WBA and other results go our way, but as it stands it’s been a clear underperformance. | |
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| Kieran Maguire on Swansea City finances on 21:03 - May 1 with 3084 views | magicdaps10 |
| Kieran Maguire on Swansea City finances on 20:58 - May 1 by Whiterockin |
So this season we are over performing? |
I don't think you can base it on this season, we wil have to revisit in 12 months time but certainly it appears that 15th was about right taking in all those figures, not cherry picking certain figures......taking all figures into account.
It's an unbiased account and view.
PS. When I say 15th, that is last season clearly. [Post edited 1 May 2023 21:04]
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| Kieran Maguire on Swansea City finances on 21:05 - May 1 with 3043 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 21:03 - May 1 by magicdaps10 |
I don't think you can base it on this season, we wil have to revisit in 12 months time but certainly it appears that 15th was about right taking in all those figures, not cherry picking certain figures......taking all figures into account.
It's an unbiased account and view.
PS. When I say 15th, that is last season clearly. [Post edited 1 May 2023 21:04]
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You mean having £26m salary budget and spending among the most in the league?
Which figures do you think suggests 15th is about right then?
Remember who you are discussing this with, so make sure you are right with your response. You already made a mistake today by incorrectly stating that Nigel is going to have the bulk of the new shares. | |
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| Kieran Maguire on Swansea City finances on 21:06 - May 1 with 3058 views | magicdaps10 |
| Kieran Maguire on Swansea City finances on 20:31 - May 1 by Dr_Winston |
It's a naughty figure which concentrates only on the headline "transfer fee" aspect of a deal and takes no notice of other costs such as wages.
The only figure people really need to concentrate on is the wage bill compared to the turnover. It's clear that the club have been spending significantly over our income in recent years despite the incessant and tedious bleating about the perceived lack of "investment". That figure has to come down and apparently is. |
Even free agents cost a fee.
I agree with your post totally, you are spot on. | |
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| Kieran Maguire on Swansea City finances on 21:07 - May 1 with 3050 views | Whiterockin |
So if he is correct about last season.
"Overall Swansea's final league position about where you would expect the club to be given the resources available."
Surely this season we are over performing. Or is his opinion incorrect. Given the calculations he has provided. | | | |
| Kieran Maguire on Swansea City finances on 21:07 - May 1 with 3027 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 21:06 - May 1 by magicdaps10 |
Even free agents cost a fee.
I agree with your post totally, you are spot on. |
They cost a signing on and agents fee. The signing on is spread over the length of the contract and listed as a loyalty payment. | |
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| Kieran Maguire on Swansea City finances on 21:09 - May 1 with 3004 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 21:07 - May 1 by Whiterockin |
So if he is correct about last season.
"Overall Swansea's final league position about where you would expect the club to be given the resources available."
Surely this season we are over performing. Or is his opinion incorrect. Given the calculations he has provided. |
He is correct about last season, it’s listed in companies house.
However unless someone can tell me why a £26m salary bill and a millions of pounds of spending means we should have finished 15th… it’s not going to hold any water to actual scrutiny.
If salary bills and spending doesn’t matter; what does? And can you show that it has a larger impact on season predictions by showing that clear correlation?
… because I can. [Post edited 1 May 2023 21:10]
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| Kieran Maguire on Swansea City finances on 21:11 - May 1 with 3001 views | Whiterockin |
| Kieran Maguire on Swansea City finances on 21:09 - May 1 by Dr_Parnassus |
He is correct about last season, it’s listed in companies house.
However unless someone can tell me why a £26m salary bill and a millions of pounds of spending means we should have finished 15th… it’s not going to hold any water to actual scrutiny.
If salary bills and spending doesn’t matter; what does? And can you show that it has a larger impact on season predictions by showing that clear correlation?
… because I can. [Post edited 1 May 2023 21:10]
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I think he takes into consideration all resources available. He is either correct or not. | | | |
| Kieran Maguire on Swansea City finances on 21:12 - May 1 with 2986 views | Dr_Winston |
| Kieran Maguire on Swansea City finances on 21:07 - May 1 by Whiterockin |
So if he is correct about last season.
"Overall Swansea's final league position about where you would expect the club to be given the resources available."
Surely this season we are over performing. Or is his opinion incorrect. Given the calculations he has provided. |
If you believe that salaries paid automatically equate to league position. If that was all there was to it clubs might as well just submit their accounts and let things be decided that way.
In terms of expense we're pretty much middle of the road. In terms of squad quality we really should have done better than we have, especially for one big chunk of the season. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Kieran Maguire on Swansea City finances on 21:13 - May 1 with 2958 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 21:11 - May 1 by Whiterockin |
I think he takes into consideration all resources available. He is either correct or not. |
Like what?
‘Resources’ is money towards the playing squad, correct?
That is listed in the form of transfer spend and salary budget.
We were among the highest in the league.
Which resource do you think trumps both salary budget and spend? | |
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| Kieran Maguire on Swansea City finances on 21:14 - May 1 with 2966 views | Whiterockin |
| Kieran Maguire on Swansea City finances on 21:12 - May 1 by Dr_Winston |
If you believe that salaries paid automatically equate to league position. If that was all there was to it clubs might as well just submit their accounts and let things be decided that way.
In terms of expense we're pretty much middle of the road. In terms of squad quality we really should have done better than we have, especially for one big chunk of the season. |
No I don't believe that, otherwise we wouldn't have gone up last time. | | | |
| Kieran Maguire on Swansea City finances on 21:17 - May 1 with 2936 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 21:12 - May 1 by Dr_Winston |
If you believe that salaries paid automatically equate to league position. If that was all there was to it clubs might as well just submit their accounts and let things be decided that way.
In terms of expense we're pretty much middle of the road. In terms of squad quality we really should have done better than we have, especially for one big chunk of the season. |
Salary budgets have a direct correlation to league success.
If they didn’t then you could also say that clubs may as well just pay their players minimum wage. There are anomalies with relegated clubs and newly promoted sides.
But if you think there is just as much chance of success with a £30m salary budget and a £10m salary budget then I’d love to have some of what you are smoking.
I don’t think it’s even particularly contentious is it? | |
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| Kieran Maguire on Swansea City finances on 21:21 - May 1 with 2914 views | Dr_Parnassus |
| Kieran Maguire on Swansea City finances on 21:14 - May 1 by Whiterockin |
No I don't believe that, otherwise we wouldn't have gone up last time. |
Are you seriously telling me that you don’t think there is any correlation between salary budget and predicted success?
I can only imagine you have taken that stance to troll. Surely there can’t be a single football fan on the planet that genuinely doesn’t think there is a connection.
Would you like me to show you? | |
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| Kieran Maguire on Swansea City finances on 21:26 - May 1 with 2909 views | Dr_Winston |
| Kieran Maguire on Swansea City finances on 21:14 - May 1 by Whiterockin |
No I don't believe that, otherwise we wouldn't have gone up last time. |
Good. Whilst as a general rule budgets do matter, there are always, always exceptions. As you say, the last time we went up we were nowhere near the top six spenders. There are plenty of other examples from leagues everywhere.
A well coached, smartly recruited team has every chance of getting promoted out of this division. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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