| 6-7M banked or due 18:26 - Jul 18 with 2306 views | magicdaps10 | Obafemi Martin and his team compi Whittaker Joel Lati Not bad considering......the recent money for Whittaker and Joel Lati now allows us to push on with a keeper and full back/s. All falling in to place nicely. |  |
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| 6-7M banked or due on 18:36 - Jul 18 with 2263 views | Thrasher6 | We'll mess it up.....
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| 6-7M banked or due on 18:38 - Jul 18 with 2256 views | BillyChong | Downes cash as well? Or is that (plus interest) owed to the kangaroo bank? |  | |  |
| 6-7M banked or due on 18:42 - Jul 18 with 2230 views | magicdaps10 |
| 6-7M banked or due on 18:38 - Jul 18 by BillyChong | Downes cash as well? Or is that (plus interest) owed to the kangaroo bank? |
That money was needed to cover things going forward. We needed to get a sale last summer and the club were honest with that, this year its been stated that we don't need to sell so in theory that money can be used for team strengthening. |  |
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| 6-7M banked or due on 18:54 - Jul 18 with 2181 views | KeithHaynes | World Cup money. |  |
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| 6-7M banked or due on 18:58 - Jul 18 with 2167 views | magicdaps10 |
| 6-7M banked or due on 18:54 - Jul 18 by KeithHaynes | World Cup money. |
Add it to the pot! Not forgetting Kyle Joseph aswell......likely more 7-8M. We have to earmark 3.5M that we paid for Yates, Duff and compo for Key.......still have a bit left to tie up players still needed. |  |
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| 6-7M banked or due on 19:09 - Jul 18 with 2140 views | jasper_T |
| 6-7M banked or due on 18:58 - Jul 18 by magicdaps10 | Add it to the pot! Not forgetting Kyle Joseph aswell......likely more 7-8M. We have to earmark 3.5M that we paid for Yates, Duff and compo for Key.......still have a bit left to tie up players still needed. |
We're a £20m income business that costs £40m to run. Talk of spare money is nonsense, unfortunately. Without cash from the owners pockets it's all more than spoken for just in wage liabilities. |  | |  |
| 6-7M banked or due on 19:16 - Jul 18 with 2130 views | Dr_Winston |
| 6-7M banked or due on 18:58 - Jul 18 by magicdaps10 | Add it to the pot! Not forgetting Kyle Joseph aswell......likely more 7-8M. We have to earmark 3.5M that we paid for Yates, Duff and compo for Key.......still have a bit left to tie up players still needed. |
Talk of spending every available penny is the quickest way to us needing to sell players to cover deficits. Will people never learn? |  |
| 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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| 6-7M banked or due on 19:29 - Jul 18 with 2093 views | ReslovenSwan1 |
| 6-7M banked or due on 19:09 - Jul 18 by jasper_T | We're a £20m income business that costs £40m to run. Talk of spare money is nonsense, unfortunately. Without cash from the owners pockets it's all more than spoken for just in wage liabilities. |
I do not know the exact deficit but I suspect it is around £1m a month. This talleys with the £12m trading loss for last year which talleys roughly with the £12m investment to "balance the books". Swansea needs some big ticket sales. The sort of money Norwich got for good young players like Godfrey. £30m or so. Perhaps this was Everton over paying. With Spurs and Arsenal interested in Wood this is the sort of figure Swansea should be hoping for. Investors are not in Swansea to balance the books. It is not charity. They need to trust in Duff and Watson and make annual profits. Brentford is the model. Good trading and keeping one or two big stars. Toney in their case. Grimes in Swansea's case. |  |
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| 6-7M banked or due on 19:43 - Jul 18 with 2065 views | magicdaps10 |
| 6-7M banked or due on 19:16 - Jul 18 by Dr_Winston | Talk of spending every available penny is the quickest way to us needing to sell players to cover deficits. Will people never learn? |
Well I haven't suggested that we spend every available penny and I agree with what you post even if it is of course off the initial point. |  |
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| 6-7M banked or due on 20:27 - Jul 18 with 1989 views | RhonddaSwans | But daps we will only see about 25% of that due to dividends. We keep on taking it . When Petty took us for mugs what did we do? This board needs to know if they rip us off.(they would need a police escort) Refering to petty in the box at the vetch . |  |
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| 6-7M banked or due on 20:37 - Jul 18 with 1963 views | Badlands |
| 6-7M banked or due on 20:27 - Jul 18 by RhonddaSwans | But daps we will only see about 25% of that due to dividends. We keep on taking it . When Petty took us for mugs what did we do? This board needs to know if they rip us off.(they would need a police escort) Refering to petty in the box at the vetch . |
Give it rest. Comparing the recent and current shareholders with Petty really ridiculous. |  |
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| 6-7M banked or due on 20:43 - Jul 18 with 1955 views | RhonddaSwans |
| 6-7M banked or due on 20:37 - Jul 18 by Badlands | Give it rest. Comparing the recent and current shareholders with Petty really ridiculous. |
I wasn't compering them directly ,I was just highlighting how we love our club. If anyone tried taking our Swansea away what would we do? |  |
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| 6-7M banked or due on 22:03 - Jul 18 with 1860 views | ReslovenSwan1 |
| 6-7M banked or due on 20:27 - Jul 18 by RhonddaSwans | But daps we will only see about 25% of that due to dividends. We keep on taking it . When Petty took us for mugs what did we do? This board needs to know if they rip us off.(they would need a police escort) Refering to petty in the box at the vetch . |
You are a very reasonable poster but need to read more. There are no dividends. If paid in the past the Trust would be a good business concern as they would have collected 21% of all dividend payments. Over one fifth. A large percentage of the Trust s money came from the club in a £400k pay out in around 2013-2014 (a one off). Now they have no income other than subscription s they do not appear to be able to invest. The Trust were upset with Jenkins and co because they did not pay dividends. Jenkins and co re- invested all moneys"back into the business" (infrastructure and players). The investment was for growth not income. The other shareholders wanted growth the Trust wanted income. This is a indication of the stresses that came to the fore after 2015 -2016. The fans are mugs as they could even take their lottery ticket to the post office and failed to sell when their 21% was worth a whopping £21m. No one said anything. Not one of the members 1000+ heroes. Mugs every one of them. There was no personal gain so why speak up. Nothing in it for Mr standalone only distrust. If this was South east England SCST would have at least £15m in the bank. Sad to say but true. I promote education and you promote violence. I am 'Welcome to Wrexham' you are 'Welcome to Venezuala'. Best not to wear a nice watch out there in downtown Carracuss or Maricaibo. |  |
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| 6-7M banked or due on 22:16 - Jul 18 with 1834 views | jasper_T |
| 6-7M banked or due on 19:29 - Jul 18 by ReslovenSwan1 | I do not know the exact deficit but I suspect it is around £1m a month. This talleys with the £12m trading loss for last year which talleys roughly with the £12m investment to "balance the books". Swansea needs some big ticket sales. The sort of money Norwich got for good young players like Godfrey. £30m or so. Perhaps this was Everton over paying. With Spurs and Arsenal interested in Wood this is the sort of figure Swansea should be hoping for. Investors are not in Swansea to balance the books. It is not charity. They need to trust in Duff and Watson and make annual profits. Brentford is the model. Good trading and keeping one or two big stars. Toney in their case. Grimes in Swansea's case. |
Brentford bought Toney ahead of their promotion season with a small portion of the Benrahma and Watkins sales revenue. If they hadn't been promoted you can guarantee they would have sold him for a significant profit and brought in the next one on the list. No holding on to stars with them, keep that line moving. We don't make enough big sales to spend the way we do. Few teams in this mad division do. |  | |  |
| 6-7M banked or due on 17:44 - Jul 19 with 1550 views | Treforys_Jack |
| 6-7M banked or due on 19:09 - Jul 18 by jasper_T | We're a £20m income business that costs £40m to run. Talk of spare money is nonsense, unfortunately. Without cash from the owners pockets it's all more than spoken for just in wage liabilities. |
But, but but, those pesky yanks are ripping us off mun |  | |  |
| 6-7M banked or due on 16:32 - Jul 21 with 1319 views | whiterock | My understanding is that you can only pay dividends if in profit, Swansea are not in profit. |  | |  |
| 6-7M banked or due on 16:55 - Jul 21 with 1293 views | Whiterockin |
| 6-7M banked or due on 16:32 - Jul 21 by whiterock | My understanding is that you can only pay dividends if in profit, Swansea are not in profit. |
Tell that to the water companies. |  | |  |
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