Mark_Jack_London Here, bookmakers Paddy Power crunched the numbers to take a look at each Championship club and their net spend over the last decade – and there are some pretty shocking results.
The Swans Total net spend over the last 10 years: +£63,420,000
https://www.lutontoday.co.uk/sport/football/luton-town/revealed-luton-town-blackburn-rovers-and-swansea-citys-shock-net-spend-over-10-years-2994432?page=6
I think it more enlightening to explain that over the last 10 years we have made a profit of over 60M in transfers, this also includes loan fees.
We did lose money on some players but made a packet on others. Even Sam Clucus wasn't a massive loss, We bought him for 13M because we had 3M for Knighton. we sold him for 6M, so in theory we lost 7M however at the same time we made 5M profit on Cork, so effectively a 2M loss on that players position.
We even made money on A Ayew as we bought him for 2.5M less than we sold him.
Even J Ayew only 2M was exchanged in cash as we sold Taylor, we then sold him to CP for 2.5M and lost his wages for the season before on loan.
In fact we have been brilliant in the transfer market as we never lost, perhaps it never spilled into success on the field though.
And of coarse the TV money in the premier league always covered wages plus we had season ticket and other sales.
Since the relegation loads of transfer sales, parachutes season tickets, high wages deferred on loans with only Bony 6months and Ayew 12 months being paid by us.
The answers from the deniers will always be " You don't know how much it costs to run a football club" they will mention depreciation and all sorts of non disclosed expenses but the fact remains.
We earned far more than enough from TV and ticket sales for all expenses, we sold far more than we bought.
Either these Yanks have made quite a few quid, or they are the worst business men ever