UK time is: 05:01:22
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



For the very latest Championship odds

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

The Journalist

Writer: KevinE Mail feedback, articles or suggestions

Date:Tuesday March 10 2009

Time: 12:47PM

Your Comments

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
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
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Swansea City Articles

Archived Swansea City Articles

List All Vital Swansea City Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. shearers boots 69
2. eye_nose_hat 26
3. KevinE 23
4. GThomas 20
5. Phil W 15
6. splitpin12 5
7. Swan_Lady2 3
8. 1871_Biscuit 3
9. yugo23 1
10. sundowner 1

League Results (view all)

Latest Results
Man City 2 - 1 Swansea
Swansea 2 - 1 Arsenal
Everton 0 - 0 Swansea
Swansea 2 - 0 Leicester City
Stoke 2 - 1 Swansea
Swansea 2 - 2 Newcastle

League Table (view table)

Team P W D L GD Pts
4. Man Utd 12 5 4 3 4 19
5. Newcastle 12 5 4 3 -1 19
6. West Ham 12 5 3 4 4 18
7. Swansea 12 5 3 4 3 18
8. Arsenal 12 4 5 3 5 17
9. Everton 12 4 5 3 3 17
10. Spurs 12 5 2 5 -1 17

Breaking League News

Merson Predicts A Swansea City Win Though...
Swansea : 28/11/2014 23:07:00
No Win Prediction Again From Mark Lawrenson
Swansea : 28/11/2014 21:48:00
Kaikai Also Gets Loan Move
Crystal Palace : 28/11/2014 21:25:00
Injury Update: Swansea City vs Crystal Palace
Swansea : 28/11/2014 21:19:00
Britton To Wait For First Team Return?
Swansea : 28/11/2014 21:12:00

Current Site Poll (view all polls)

What will the result be vs Crystal Palace?
Suggested By:  
Swansea City win 54%
Draw 11%
Crystal Palace win 35%