Swansea's financial report: "It is not surprising that many clubs struggle following relegation from the Premier League"

10 February 2020

Birch
Photo: Getty Images Swansea's chairman, Trevor Birch (right), pictured next to the club's sporting director, Leon Britton.

Turnover fell by almost 50 per cent due to lower broadcasting income in the Championship.

However, the club have managed to decrease their operating costs significantly.

Swansea's pre-tax loss more than doubled that of the previous season.

Emil Gjerding Nielson nielson@offthepitch.com

Having adjusted their business in accordance with the realities of tenure in the Championship, Swansea significantly decreased their expenses in the 2018/19 season, a review of the club's financial accounts reveals.  

The season was a challenging one

Relegated from the English top flight in the 2017/18 season, Swansea's turnover fell from £126.8 million to £68.2 million, largely due to lower broadcasting income, which fell by more than 50 per cent to £51.6 million. 

Do you want to read this article?

Get instant access by signing up for a 14-day free Premium trial

No credit card, no commitments and it will expire automatically.

You will receive a link that activates your trial in an email.

Already a standard subscriber? Upgrade here