The price of relegation for Swansea

All revenue streams were down at Swansea City following relegation, although the club made a substantial profit on player trading. Next year we will see a further fall in income as parachute payments are cut in their final year: Club uses bank loans

Swansea made an operating loss of £34 million which was offset largely by player sales profits of £30 million. Swansea wage bill was down £40m and over 60 jobs lost following relegation.

Swansea player sales since the end of the accounting period in July 2019 were £15m (Dan James) and purchases £746k. Swansea have sold some transfer fees due to the club to a bank for £2.4 million.

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The Political Economy of Football V2

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