Swans to announce healthy profit

Published Add your comment

Swansea City are set to announce a £14.6million profit from their debut season in the Barclays Premier League.

The club, which finished 11th in the top flight last season, had a turnover of £65.2million for the year ending May 31, 2012, according to a statement on the club's official website.

The strong set of figures showed the Swans received £5million in compensation payments from Liverpool for the departure of manager Brendan Rodgers and his staff, with the club in the black despite increased operating costs and a higher wage bill as a result of their promotion to the Premier League.

Copyright (c) PA Sport 2012, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Premier League
Swansea City

Read more

back to top