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SWFC Financial Accounts

  • Losing £1-2m per week during CV19
  • Total losses (despite recent sale of stadium) >£120m over the years
  • Wage bill £209 for every £100

That is beyond obscene. Tick tock SWFC...

Really puts into perspective how lucky we are to have a squad competing with 'these types' of sides on a fraction of the cost / following.

Comments

  • Although it is obviously bad, slight correction I think - losing £0.5m (1/2) per week rather than £1-2m

  • @FmG said:
    Although it is obviously bad, slight correction I think - losing £0.5m (1/2) per week rather than £1-2m

    Ah yes. Absolutely. Good spot.

  • Wages of 25 million last season. Probably 5x what our budget was. Nuts

  • £48.5m of other people’s money over two years. About 2 decades ago, Swearmeister used to say that we would be in the second tier my default sooner or later, I don’t think he was thinking that it would be this much later or that we would have been in and out of the wringer ourselves, but this is surely the beginning of the end for a lot of these medium-sized clubs with big club spending habits.

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