Expansion should be the last of our concerns , to many things the money is needed for . While were up in Premier League , Premier League money will sustain us . When we go back down , the seats won't be needed . Grab a few transfers , put money away for the academy & bank some . Lean years are coming throughout the leagues , lets be ready !!
I disagree breezy, yes we need to spend money on players and their wages, but that money spent will not take up all the money earned, I would say £15m would be our investment to stay up, if we fail we got the remainder of the £40m, plus the parachute payments. However the decision will be made in January whether to go ahead or not, probably a calculated risk will be determined , circa 30 points and I think it will be done. Planning permission will be fast tracked, there are a few houses within a short distance, but most residential houses are at least a few hundred meters away , and can't see their objections if they do come will effect this. The concern is the infrastructure around the stadium, it's needs to be improved drastically , and that includes the train station, which I believe can only be done with railtrack or a TOC and not funding from another source (could be wrong there)
No problems spending a bit on infrastructure Jager , just not on new seats . Wigan is the exception , most teams come down sooner rather than later . When or should I say if we come back down , the extra seats will lie empty IMO . Money for an academy , a bit banked , a bit for making the trip to " Liberty " easier , a bit for the January window & let the rest roll on players & contracts with the idea if the team goes down , players & contracts we have can be withstood the first few seasons in the Championship .
You don't understand mate, the infrastructure is not ours to spend on, this kind of work would be paid for from other sources like the Welsh Government/LCA or the TOC/Railtrack , and It's widely noted how badly the council are with the roads, and can't be trusted with anything more complex than a hornby set
Tell the Government if they hop to it , the team will kick in a bit of a grant toward infrastructure improvements , it's your community so be inventive . But really , it's a sub topic , I just don't think the seats are needed , period . If we came back down & went back to 10,000 or so season tickets , we might look a bit silly with possibly 15,000 + empty seats .
Even if we get relegated, then we'd still hope to average higher than last season, so we'd be looking at 16 or 17k average attendance... which isn't that far off full, and thus expansion would still be useful.
£15 million to sustain this season...you must be joking its close to £40 million this season to sustain the club in the top flight, there is more than the first team to concider....
Dai there is no way on this earth that the swans have expenses of £40m this season to maintain a premier league position, the figure of £15m will be the wages and sign on fees, I don't know where you get your numbers from, but you have been consistently wrong with them for years!
am i....dont think so your talking league two there jager, .....we are premiership now and £15 million is way below what we will have to spend to keep us up this season, it will be closer to £40 million.....
It's daft to try and put a price on staying up because you could spent £100m and still go down or £10m and stay up. What you need to do is pick a budget and do the best you can with it. It will likely be more than £15m once fees are taken into account but it simply cannot be £40m because that is pretty much all the money we will be getting and if we miss this opportunity to put some of that money to good use by improving the club itself (rather than just the squad) then we might never get the chance again. £20-25m on fees and wages should be the top of the budget.
When Derby was in the Premier they spent lots in the January window in an attempt to stay up after a bad start . They never won a single game after that . Money is only useful if you know how to spent it .
To be honest I don't see us topping 20 Million, but then it depends on who we eventually bring in, I would like to see the club keep at least half the money for development of club, academy and facilities, I don't care if we come straight back down either as the club will receive another 48 million in parachute payments over 4 years! And I quite like the Championship too, by the way Breezy, well said mate.............. please log in to view this image
I am with phil on this, though he is a bit more conservative with the figures, there will be no £40m to spend to stay up, if there was Jenkins would have thrown financial constraints out of the window, and we would be bankrupt within a few years, listening to him you will hear - we will never go back there ! Are what he states and I fully agree with him!
So what are Swansea's expenses for the season likely to be? A squad of 30 earning an average of £10k/week would mean £15 million on wages. We could easily spend £10 million on new players and loan fees. And then there are all the backroom staff to pay, the manger, the police, transport costs, etc. I've no real idea of what else is involved, but surely they'll have to spend at least £25 million. I can't see how they can get through a season spending only £15 million. Does anyone know what the costs were in previous seasons?
Swansea's turnover is expected to be around £47mil next season but I would guess their wage bill will be £30-£35mil
thats right £15 million wont cover a league two club, £40+ million will be the bare minimum to sustain the club as a whole for one season. the wages is just a fraction of the costs, then running costs for two teams, transfer costs, overheads and more that i cant think of t the moment. £15 million would not last a few weeks.
I said £15m for wages Dai, and I don't know what the hell you are talking about that covering a league 2 club, that is 50% more than our turnover last year in a championship side, so your maths don't add up, the wages last year was £8.1m and other operating costs as £4.2m, so the almost doubling of wage costs would be consistent with a premier league campaign, not forgetting we have released players as well
i know exactly at im talking about. it will take a minimum of £15 million to run a league two club for a season. so a premiership club cant be run for under £40 million........this is 2011 you know like.
