A detailed analysis of the finances of Swansea City shows why they cannot splash out in the transfer window. Deloitte may have ranked them as the 26th wealthiest club in the world, but their finances are tightly constrained.
Wages have been going up faster than turnover. Stadium capacity is limited and commercial income is relatively small. 81 per cent of revenue comes from television.
A detailed analysis of the finances of Swansea City shows why they cannot splash out in the transfer window. Deloitte may have ranked them as the 26th wealthiest club in the world, but their finances are tightly constrained.
Wages have been going up faster than turnover. Stadium capacity is limited and commercial income is relatively small. 81 per cent of revenue comes from television.