Vital Football

Latest Swansea City News

Swansea City Make £91,761 loss

Swansea City Make £91,761 loss

Swansea City Football Club have reported a £91,761 loss for the end of the 2008 financial year.

That's a huge difference from 2007, when we had a loss of £647,133.

Considering our raise up into the Championship, it's an excellent achievement by the club.

Turnover increased by £1.4m from 2007, and expenditure also increased by £900,000.

Expenditure included an investment of £269,000 to create a new training facility at Llandarcy, something we've very much needed here.

It was also impressive to hear that no Directors took any remuneration from the club for their services to Swansea City.

An increase in home attendances over the last few years has also helped us a lot. This season, our average of 15,171 to date is 10,000 more than 6 years ago when we were struggling to stay in the Football League.

Since then it's been on the increase ever since, apart from the 2006/07 season, when we suffered a slight drop from the previous year.

Average home support per season:

2002/03 = 5,160 - 39.8% up on previous year

2003/04 = 6,853 - 32.8% up on previous year

2004/05 = 8,458 - 23.4% up on previous year

2005/06 = 14,112 - 66.9% up on previous year

2006/07 = 12,720 - 9.9% down on previous year

2007/08 = 13,520 - 6% up on previous year

2008/09 = 15, 171 - 13% up on previous year*

*Figures available to date



For the very latest Championship odds

Click here to join in the debate on the club forum.

Writer:VitalSwansea
Date:Tuesday March 10 2009
Time: 12:47PM

Comments

0
Well done Swans, indeed an excellent achievement, I didn't realise the directors didn't claim any money for their hard work. hats off to them.
GThomas
10/03/2009 14:03:00
0
Well done Swans, indeed an excellent achievement, I didn't realise the directors didn't claim any money for their hard work. hats off to them.
GThomas
10/03/2009 14:03:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Recent Swansea City Articles

Rate The Players: Swansea City 1-2 Leicester City

Rate the players' performances out of 10 as Swansea City suffer a 2-1 home defeat against Leicester City

Clement Talks of Another 'Marginal Loss'

Paul Clement gave his reaction after another 'marginal loss', but Leicester City really should have won by a bigger margin

Stats: Swansea City v Leicester City

All the stats from Swansea City (1) vs (2) Leicester City, Liberty Stadium, 21st October 2017 Att: 20,521

Team Line-Ups: Swansea City vs Leicester City

Team line-ups as Swansea City host Leicester City at the Liberty Stadium

Archived Vital Swansea City Articles

Vital Swansea City articles from

Site Journalists

VitalSwansea
Editor email
Profile

Current Poll (see more polls)

Vote for your man of the match vs Leicester City
Suggested By:
Fabianski96%
Naughton0%
Fernandez0%
Mawson2%
Olsson0%
Britton0%
Sanches0%
Carroll0%
Ayew0%
Abraham0%
Narsingh0%
Ki0%
Dyer2%
ScoopDragon Premier League Network Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Swansea City Results (view all)

Swansea City Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Phil W11
2.GThomas5
3.Dennis Downing3
4.yugo231
5.Vital Swansea City1
Vital Football Comment