1. Log in now to remove adverts - no adverts at all to registered members!

So how are our finances this time around?

Discussion in 'Swansea City' started by ProjectVRD, May 6, 2014.

  1. ProjectVRD

    ProjectVRD Well-Known Member

    Joined:
    Dec 4, 2012
    Messages:
    3,174
    Likes Received:
    192
    You guys might remember a month ago it was revealed that our club made the most pre-tax profit at £21M for the 2012/2013 season. They beat second place Newcastle (£10M) and third place Arsenal (£7M).

    Now fast forward to the latter stages of this season, 2013/2014. Factor in the new TV Revenue, the new final position payouts, the Europa League campaign. How much profit do you think we have made this season?
     
    #1
  2. Sbulby

    Sbulby Well-Known Member

    Joined:
    Jun 17, 2013
    Messages:
    537
    Likes Received:
    270
    We'll probably be in a worst position today than we were back then, but still the right side of the red line.
     
    #2
  3. ProjectVRD

    ProjectVRD Well-Known Member

    Joined:
    Dec 4, 2012
    Messages:
    3,174
    Likes Received:
    192
    I'd have figured we be better off, because we get about double to last year if I remember the articles correctly? Could our expenditure really have increased so much?
     
    #3
  4. Sbulby

    Sbulby Well-Known Member

    Joined:
    Jun 17, 2013
    Messages:
    537
    Likes Received:
    270
    Premier league monies are received in installments not at the end of the season also our figures for last year did not include Bony and Shelvey transfer money.
     
    #4
  5. Matthew Bound Still Lurks

    Matthew Bound Still Lurks Well-Known Member

    Joined:
    Jun 2, 2011
    Messages:
    19,613
    Likes Received:
    19,306
    Great if you're sitting at the top table , still obscene figures and likely more Ferraris to be seen around Swansea I suppose .

    TV deals mean huge windfall
    Last Updated: May 6 2014, 18:54 BST
    The Premier League champions stand to rake in £95million from TV money this season while even the bottom club will earn £63million.

    The huge value of new £5.5billion Premier League broadcast deals will be highlighted by the fact that whoever finishes bottom of the table on Sunday should earn more from TV money than the £60.8million Manchester United were paid after winning the league last season.

    The new champions are expected to be paid £35million more, and the bottom club around £24million more than QPR earned after finishing bottom last season.

    The Premier League has confirmed its merit money payments of £1.2million for every place each club finishes up the table, rising to £24million for the champions. That represents a 60% rise on last season.

    Facility fees of £750,000 will be paid to a club for every live TV appearance, with a minimum payment of £7.5million.

    There has been no confirmation from the league of the equal shares that will be paid to clubs for domestic and overseas broadcasting deals, but they are expected to rise by 60% and 70% respectively - in line with the increases in those deals - to £23million and £32million per club.

    The huge rise in income should help a number of clubs turn their financial fortunes around, especially if they have been able to minimise wage bill rises for players this season.

    How the Premier League payments will be calculated:

    £1.2million paid for every place a club finishes in the league, up to £24million for the champions;

    Facility fees of £750,000 for every time a club appears on a live TV match, with a minimum of £7.5million;

    Equal share from domestic broadcast deals - not yet confirmed but expected to be around 60% increase to £23million per club;

    Equal share from overseas broadcast deals - not yet confirmed but expected to be around 70% increase to £32million per club.
     
    #5
  6. swanseaandproud

    swanseaandproud Well-Known Member

    Joined:
    Apr 29, 2011
    Messages:
    23,953
    Likes Received:
    5,585
    We are in very good shape that's for sure even with the money we have used on the new training facilities, Its about time the club gave the fans a share through entrance fees and away costs. Anyone been to the club shop recently, I was there last week to by a birthday present and some of the prices were well over the top. We fans get ignored when the club is doing well but when in trouble they are soon asking us for help....A little bit back now and then wont go amiss that's for sure...
     
    #6
  7. Matthew Bound Still Lurks

    Matthew Bound Still Lurks Well-Known Member

    Joined:
    Jun 2, 2011
    Messages:
    19,613
    Likes Received:
    19,306
    Prices are well over the top but there's a "fire sale "at the moment with 70% off , I think the purchasing officer still hasn't got his/her sums right :biggrin:
     
    #7
  8. swanseaandproud

    swanseaandproud Well-Known Member

    Joined:
    Apr 29, 2011
    Messages:
    23,953
    Likes Received:
    5,585
    Thats nothing new mat <laugh>
     
    #8

Share This Page