• Financial Results

    Swansea City: Soul Train

    Introduction Huw Jenkins, Swansea’s chairman, who made millions when the club was acquired by American investors in 2016, has resigned. Reading between the lines it appears that there are conflicts in terms of day to day running of the club. The club’s finances are clearly an issue, as is the strategy of the majority shareholders Jason Levien and Steve Kaplan in terms of how the club is going to deal with the aftermath of relegation. Swansea haven’t yet published their accounts for 2017/18, but were there warning signs in the previous year? Key Financial Highlights for year ended 31 July 2017 Turnover £128 million (up 31%) Wages £99 million (up…