UK time is: 03:49:15
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)

League Results (view all)

Latest Results
Stoke 2 - 1 Swansea
Swansea 2 - 2 Newcastle
Sunderland 0 - 0 Swansea
Swansea 0 - 1 Southampton
Chelsea 4 - 2 Swansea
Swansea 3 - 0 WBA

League Table (view table)

Team P W D L GD Pts
5. Liverpool 8 4 1 3 1 13
6. Man Utd 8 3 3 2 3 12
7. Arsenal 8 2 5 1 2 11
8. Swansea 8 3 2 3 1 11
9. Spurs 8 3 2 3 -1 11
10. Stoke 8 3 2 3 -1 11
11. Hull City 8 2 4 2 0 10

Breaking League News

Going for Three Points This Time!
Chelsea : 24/10/2014 22:00:00
Liverpool: Lawro Predicts 2014-15 - Hull (Home)
Liverpool : 24/10/2014 20:00:00
Villa to Sign Cleverley in January!
Man Utd : 24/10/2014 18:43:00
Pearson On Competition amp; Swansea Threat
Leicester City : 24/10/2014 18:31:00
Pellegrini Expecting Tough West Ham Test
Man City : 24/10/2014 18:17:00

Current Site Poll (view all polls)

What will the result be vs Leicester City?
Suggested By:  
Swansea City win 32%
Draw 38%
Leicester City win 30%