Hangin' With ... Mike Hooper Sky Sports To Show Women's Rugby Mourinho Teams Up With Yahoo Cronulla Reveals Cost Of ASADA Scandal QPR Reveals Net Debt Of $296 Million Anelka, FA Set To Accept Five-Game Ban Athletic Bilbao Taking Legal Action Rangers Investor Prior Backing Dave King Hull City Owners Renew Threat To Quit Paddy Power's Pistorius Ad To Be Pulled
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/October 17, 2012/Finance
Swansea Expected To Announce $23.5M Profit In Debut Premier League Season
Published October 17, 2012
MODEL FOR SUCCESS: In London, Phil Cadden wrote, "If there was a league table for financial success then Swansea City would be challenging for Manchester City's Premier League title." While the Manchester clubs and Liverpool "use the foreign owner approach," Swansea, which is debt-free, has "a unique style." The Swansea City Supporters Trust has a "significant" 19.9% share of the club. Chair Huw Jenkins believes the club's "home-grown structure and supporter-owned model, which was the first seen in the top flight, is the envy for even those competing for Champions League places." Jenkins said: "I think we are a blueprint. If we can work our way to the top of the British game this way, it will give everyone else connected with football a genuine lift" (INDEPENDENT, 10/16).