Yanks **** off

Discussion in 'Swansea City' started by Matthew Bound Still Lurks, Dec 2, 2019.

  1. swantastic

    swantastic Well-Known Member

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    The big problem is every time we bring a player on that shines they sell the feker sharpish ! And we've now run out of quality and money to bring on so we're feked !
     
    #21
  2. Matthew Bound Still Lurks

    Matthew Bound Still Lurks Well-Known Member

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    We're ****ed but how much more money can they take from the Club
    Landore going will save millions as Phil's alluded to , Rodon, more than likey Van Der Horn will be gone so will Ayew and Baston maybe Caroll as well but the rest who's going come in for them ? Celina Grimes Carbango may find another Club sniffing but certainly not at a PL Club so a couple of million each for them The rest really havn't kicked on or in both Wayne and Dyer cases coming to the end of the playing careers at C/ship level imo .
     
    #22
  3. Taffvalerowdy

    Taffvalerowdy Well-Known Member

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    A price tag of £38m for their shares is a ‘meaty’ price for a lower half Championship club.

    As they won’t want to ‘throw good money after bad’ (in their eyes) then cost-cutting and asset sales are ‘normal ways’ to save money and/or generate cash when the owners won’t put their hands in their pockets.
     
    #23
  4. swantastic

    swantastic Well-Known Member

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    Only a matter of time b4 the flood light bulbs go and they won't buy replacements for them either ffs!
     
    #24
    DragonPhilljack likes this.
  5. FrankfurterBlue

    FrankfurterBlue Well-Known Member

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    I think you guys ought to listen to Taff here. I am not at all convinced that the Yanks are getting ANYTHING out of the club and I think Taff may have the same view. All the profit/cash you generate is going on costs that are not dropping as quickly as income has over the past three(?) years. Your last parachute payment has been, or is about to be, paid and you should be then have bottomed out. obviously, the Yanks are not putting anything in since they are a disparate group who have fund managers looking for a return and are not doing it for the fun/kudos. Your previous owners sold out big time and then continued to have a free ride.....it does seem there is no-one with the club at their heart.
     
    #25
  6. DragonPhilljack

    DragonPhilljack Well-Known Member

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    It's as depressing as this Brexit farce!....................<wah>
     
    #26
  7. Taffvalerowdy

    Taffvalerowdy Well-Known Member

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    Well said Frankfurter Blue.

    The club/company, when relegated, was saddled with the unhappy combination of a high cost base and a huge collapse in income/revenue.

    The Statutory Accounts indicates that there were no significant Management Charges being offshored/transferred to the ‘Yanks’ and no dividends.

    Pearlman’s costs were (I believe) paid for by the Club and he was the eyes and ears on the ground - so to speak - for the Yanks.

    Birch’s appointment obviated the need for Pearlman’s expatriate presence.

    The name of the game is Viability and to survive by balancing the (cash) books.

    In essence, the Yanks have no desire to speculate with further investment - Asset and/or player sales appears to be the way forward under this ownership regime <cheers>
     
    #27
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