Tottenham Combats Fan Group English Clubs Quit Heineken Cup Barcelona Visit A FC Cartagena Windfall Minichiello Rejoins British Athletics BBC To Show 200 Hours Of Sochi 2014 U.K. Execs: Females Chosen On Merit ECB Partners With Threepipe Man City Submits Etihad Expansion Plan Valencia Politician Critical Of Grand Prix AFL Carlton's Doubles Gaming Revenue
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
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).