I'm disappointed that you failed to answer one question . Never mind next time eh
CHAMPIONSHIP REBUILD THREAD
- Thread starter DragonPhilljack
- Start date
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It should sink in to a few by now, that it costs Swansea City Football club nearly 50M a year without a team?
That's the bottom line from the audited accounts, expect the Yankee fiddlers to piss off soon, once they have suckered the last penny from the club.
How can the none playing staff cost be this legitimately high for a small club like us?
That's the bottom line from the audited accounts, expect the Yankee fiddlers to piss off soon, once they have suckered the last penny from the club.
How can the none playing staff cost be this legitimately high for a small club like us?
I can't see the audited accounts because the link from Taff doesn't show them. But I thought that the wages bill was 80%-odd of the income? Can't see how that can't be fixed. Granted the wage bill should have been slashed by now but the income has been as well.
Incidentally, is there any figure for management charges or similar that could have been used to siphon off cash? Dividends are the other way...but if they give themselves a loan, it would be repayable or deducted in any sale, I guess. Even in administration/liquidation, a loan would be repayable.
On the football side of things, we may actually struggle to put out a team of any description second half of the season
Revenue this year alone will be over £100M, Parachute payments £45M Player sales £45M and season tickets/pay tickets, TV money £10M, now think about the pittance they have spent on the squad!.........................
Also Player wages have been slashed from £52M to £16M, if they get their sales out with Bony, Dyer, Narsingh, Routs, then the wage bill will be just £4M!!!!!
Other subsidiaries named in the balance sheet were,
Swansea City Football Club Limited, 99.4% holding
Swansea City Association Football Club Limited, 100% holding
Swansea Stadium Management Company Limited, 33.33%
Swansea Stadium Premier Club Limited, holding 50%
Seems to me the club is being milked well and truly, they are making Petty look like a schoolboy, hope I'm wrong with this, cannot see it though.
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Petty looks a saint compared to these thieving bastards.Revenue this year alone will be over £100M, Parachute payments £45M Player sales £45M and season tickets/pay tickets, TV money £10M, now think about the pittance they have spent on the squad!.........................
Also Player wages have been slashed from £52M to £16M, if they get their sales out with Bony, Dyer, Narsingh, Routs, then the wage bill will be just £4M!!!!!
Other subsidiaries named in the balance sheet were,
Swansea City Football Club Limited, 99.4% holding
Swansea City Association Football Club Limited, 100% holding
Swansea Stadium Management Company Limited, 33.33%
Swansea Stadium Premier Club Limited, holding 50%
Seems to me the club is being milked well and truly, they are making Petty look like a schoolboy, hope I'm wrong with this, cannot see it though.
You can find the Accounts by clicking this link
https://beta.companieshouse.gov.uk/company/00123414/filing-history
Scroll down the page and the Accounts are there, filed in March 2018
Well there u have it. A mate of mine who supports you told me you had a wage bill of 99m. Didnt really believe him. Mis management of the highest order.
All u need now is Peter Ridsdale.
Last day of window. You need Bony out of the door.
All u need now is Peter Ridsdale.
Last day of window. You need Bony out of the door.
Revenue this year alone will be over £100M, Parachute payments £45M Player sales £45M and season tickets/pay tickets, TV money £10M, now think about the pittance they have spent on the squad!.........................
Also Player wages have been slashed from £52M to £16M, if they get their sales out with Bony, Dyer, Narsingh, Routs, then the wage bill will be just £4M!!!!!
Other subsidiaries named in the balance sheet were,
Swansea City Football Club Limited, 99.4% holding
Swansea City Association Football Club Limited, 100% holding
Swansea Stadium Management Company Limited, 33.33%
Swansea Stadium Premier Club Limited, holding 50%
Seems to me the club is being milked well and truly, they are making Petty look like a schoolboy, hope I'm wrong with this, cannot see it though.
SSMC is now 100% - they bought out the Council & the Ospreys
The players wages was never 80% of turnover, the players wages is and was never the issue, and certainly not now that we have offloaded the entire team, what is the issue is the almost £50 Million of ‘none player wages’ £47Million of what? This issue went through the roof in 2014, before then it was a fraction of today’s figure. There have been no reductions whatsoever in none playing staff wages, which included directors fees wages dividends etc, the staff numbers are 266............
Phil - is it the case, and I most certainly do not know it for a fact, that the Payroll line is inflated because it includes the ‘spreading’ of signing-on fees over the lifetime of a player’s contract.The players wages was never 80% of turnover, the players wages is and was never the issue, and certainly not now that we have offloaded the entire team, what is the issue is the almost £50 Million of ‘none player wages’ £47Million of what? This issue went through the roof in 2014, before then it was a fraction of today’s figure. There have been no reductions whatsoever in none playing staff wages, which included directors fees wages dividends etc, the staff numbers are 266............
For example, Gomis joined on a ‘free’ but his signing on fee (several millions allegedly) was paid ‘like a salary’.
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I don't know whether you heard Dineen on Swansea Sound in the summer stating that the Club will continue to be run as if we're still in the PL and that was aimed at the backroom staff etc. I'm not advocating for one minute that someone on the minimum wage lose their job but the upper echelons such as over half a million each to both jerkins and Pearlman for example should seriously be looked at including a vice chair Dineen himself . The list below is not exhaustive as those highlighted below in the main have people working under them, with some roles duplicated .But it just shows how much is needed to run a professional club but probably not in a professional manner it should be.The players wages was never 80% of turnover, the players wages is and was never the issue, and certainly not now that we have offloaded the entire team, what is the issue is the almost £50 Million of ‘none player wages’ £47Million of what? This issue went through the roof in 2014, before then it was a fraction of today’s figure. There have been no reductions whatsoever in none playing staff wages, which included directors fees wages dividends etc, the staff numbers are 266............
DIRECTORS
Stephen Kaplan
Jason Levien
Huw Jenkins
Martin Morgan
Stuart McDonald (supporters director)
Romie Chaudhari
Bobby Hernreich
**************************************
Director of Business and Legal Affairs - Sam Porter
Associate Directors - David Morgan and Alan Lewis
BEHIND THE TEAM
Manager - Graham Potter
Assistant Manager - Billy Reid
Assistant Coaches - Alan Curtis, Bjorn Hamberg
Goalkeeping Coach - Adrian Tucker
Head of Recruitment - Kyle Macaulay
Head of Medicine/ Club Doctor - Dr Jez McCluskey
Match Analysts - Scott Helmich, Harry Lowe
Physiotherapists - Kate Rees, Ailsa Jones, Ritson Lloyd
Physical Performance Coaches - Jordan Smith, Tom Burgess
Lead Soft Tissue Therapist - Andy Stanbury
Soft Tissue Therapists - Adele Callaghan, Matthew Murray
Player Liaison Officer - Huw Lake
Football Utilities Co-ordinator - Suzan Eames
Football Utilities Assistants - Michael Eames, Shaun Baggridge
Head Chef - Chris Watkins
ACADEMY
Academy Manager/ Administration - Nigel Rees
Head of Academy Coaching & Coach Education - Roy Thomas
Academy Head of Recruitment - Steve Hetzke
Academy Recruitment Manager - Martin Evans
Head of Education and Welfare - Tony Thomas
MANAGEMENT STAFF
HR Manager - Nicola Butt
Legal Counsel - Rebeca Storer LLB
Head of Safeguarding - Anthony Avo
Health & Safety Manager - Richard Deakin
FOOTBALL ADMIN
Administration Manager - Alun Cowie
Football Secretary - Jackie Rockey
Travel Manager/Player Liaison - Robert Young
SUPPORTER SERVICES
Customer Service & Equality Manager - Lucy Norman
Disability Access Officer - Mark Phillips
COMMERCIAL & MARKETING
Head of Media and Marketing - Jonathan Wilsher
Head of Global Partnerships - Mark Davies
Head of International Business Development - Patrick Collins
Head of Retail - Andrea Morris
Head of Digital - Rebecca Edwards-Symmons
Head of Hospitality, Customer Services and Ticketing- Catherine Thomas
Business & Sponsorship Executive - Lee Merrells
Commercial Assistant - Dawn Rutherford
Receptionist and Admin Assistant - Gill Lewis
Retail Area Manager - Michelle Hills
Marketing & Comms Co-ordinator - Julie Parienti
PR & Marketing Coordinator - Molly Stephens
Marketing Coordinator - Hollie Evans
Graphic Designers – Callum Rothwell, Lewis Ward-Philips
Head of Brand Protection - Rebecca Parry
Digital Marketing & Comms Co-ordinator - Sarah Fletcher
FINANCE
Chief Financial Officer - Gareth Davies
Payroll Manager - Kelly Thomas
Senior Accounts Assistant - Melanie Morgan
Accounts Assistant - Toni Stanton
MEDIA
Head of Media and Marketing - Jonathan Wilsher
Media Manager - Chris Barney
Website Content Manager - Gareth Vincent
Media Officer - James Snaith
Programme Editor - Jonathan Davies
Multimedia Officers - Max Webborn, Ewan Donaldson, Adam Stepien, Tony Thrussell
**************************************
BUILDING SERVICES AND FACILITIES
Head of Operations (Facilities & Development) - Andrew Davies
Operations & Events Manager - Matthew Daniel
Facilities Manager - Gordon David
Head of Procurement - Rhidan Stephens
Grounds Manager - Anthony Harry
Security Manager - Mike Ash
Executive PA - Rebecca Gigg
**************************************
VARIOUS
Community Trust Manager - Helen Elton
Admin Assistant - Dionne Bevan
Club Chaplain/ Matchday MC - Kevin Johns MBE
Yes you probably could but it takes certain type of skill level to do it as incompetently as some of those at the top table have done
I would have thought Taff that that would have come under Trade creditors wouldn’t it? Still I think the Trust should look into these non playing staff wages they seem very inflated since 2014, at present our player staff wages are £16 Million, if we do offload Bony, Dyer, Routledge, and Narsingh today, then that bill will come down to £4 Million, there’s no way that none player staff wages should be anywhere near £47Million.
You do realise that unless we get back into the PL this season, we are stuffed next year, as the money will have run out, and there will no longer be the value in transfers, that’s why I think theses Yanks, will either piss off at the end of this season, or sell on.
There's a few names missing, Tate for example, as I say the people highlighted above are the main point of contact. When you consider that each age group in the Academy from the age of eight upwards has two coaches plus physios in attendance each time an age group plays albeit on part time wages then you can see the potential for a huge wage bill .
Landore and Fairwood have to be maintained so how many ground staff and catering staff are at each location as another example. jerkins has a couple of heavies ,I don't suppose he's paying for them either.
The staff numbers by the clubs accounts is 266, if for argument sake, say the club pay them all £30,000 per year, that would only come to £7.9 Million, this gives you a perspective on this outrageous £47 Million none player staff wages, something is not right here.