This week will secure Swansea City's immediate future : Swans transfer latest !
Monday, 12th Oct 2020 12:34
The 72 EFL chairmen and owners have alerted the football world that by October clubs will start collapsing financially, and will rely on investors putting in cash to stabilise during the coming months. Come November the pay packets of players within the national pyramid will be affected and in December certain clubs will become financially unable to function as a business. In January we will start to see clubs filing for administration.
Darragh MacAnthony, one of Peterborough United's financial investors and Chairman has warned that these datelines are fact, they are not fantasy and the English Football League is in serious financial crisis. ' Clubs are already not able to structure the financial side of their clubs, they will rely on investment. Come January a number of them will file for administration, and for them January is too late' he stated today (Oct 12th 2020)
Reflecting on this situation - clearly this means that clubs like Swansea City may well require investment from the clubs main shareholders, headed up from the USA. Of course with the Swansea boardroom not as stable as people would like and changes occurring as we speak this is inevitably not going to happen.
The easy option is to sell on players, like Joe Rodon, at less than favourable prices to cover the shortfall the club will almost be certainly facing now. Lets be clear, if the club was in an alleged perilous state before the pandemic, its obvious ? Isn't it ?
Its impossible to imagine that Swansea City, like the vast majority of clubs in the championship are comfortable enough to with stand such financial impact over the start of this winter. As well, we here at Swansea Independent cant see any investment in kind to prop up any financial issue coming from the USA. It hasn't happened yet, so there's no way we can expect that now. DC United are also in freefall as a club and fans there are unhappy with investment and league position. Ben Olsen, manager for ten years and with a 20 plus year association with the club has been relieved of his position but carries on in some form. That clearly tells us that DC United, as always will become the USA investors priority.
With all the behind the scenes issues going on at Swansea City, and lets not forget the 'Notice of ceasing to be a person with significant control' which was published on Companies House notices last week. This is a time for stability not surprise shake ups, board removals and new faces. A man well known to the USA investors comes in, Sam Porter, also Gareth Davies as well as Julian Winter, new swans CEO all join the board. And lets not forget Jake Silverstein. Only Steve Kaplan leaves but remains within the organizational structure. So three new salaries appear, in fact Winter is now a director as well, that's four - because lets be honest they are not doing this for free, and Swansea City are on a financial knife edge. Does it make sense ? Will any of these people be in a position to assist financially ? Highly doubtful.
These people are not financial Samaritans, and never will be.
That leaves one scenario, sell a part of the squad and try and appease Swans manager Steve Cooper as this week progresses. According to London Football webzine defender Joe Rodon is very keen to link up with Gareth Bale and Ben Davies at Spurs. London Football are no mugs and know there game when it comes to news on the regions clubs. 'We know Rodon is very keen to join Spurs, but Tottenham Hotspur are a club that doesn't do auctions. If others get involved, with Leicester and Sheffield United linked, and push that price up, Spurs won't pay over the odds. Rodon is talented but I'd be surprised if Spurs paid that much up front for him rather than look to structure a deal.if there's a battle between interested clubs - and he's a player that would spark one - Spurs won't get involved."
Gareth Bale is another influence this week and is widely reported as being extremely keen on seeing Spurs sign Joe Rodon, Ben Davies too and they have all talked in the past few days. It is looking inevitable Rodon will go. So, Swansea City need to make sure it happens in the clubs best financial interests, not any individual or investors group. The only good outcome for swans fans is the club see benefits Rodon brings to Swansea, and have faith he and the others earmarked for transfer can get the club promoted. Then of course this transfer disappears and becomes insignificant.
However, London Football's comments should be ringing in all our ears.
So, if that's the case then the likes of Aston Villa, Leicester City, Sheffield United, West Ham to name a few who are all linked with Rodon today. Will Spurs really back down ?
Genuinely we cant see it.
We intend to keep you updated on any transfer speculation or firm news as this week progresses, stick with us, and thank you for supporting Swansea Independent.
Photo: Action Images
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