Swansea City fans have been reacting to the club’s financial losses after their annual accounts were published.
Swansea managed to make a loss of £3.2million despite being in the Premier League for the previous financial year and bringing in all the TV revenue that comes with the top flight.
Graham Potter’s side have underperformed in the second tier this season, currently sitting 14th in the table when they were expected to be challenging for promotion.
Swansea’s financial losses have caused concern amongst some members of the fanbase with their losses likely to be even worse when the next reports come out as the club no longer have the income that accompanies Premier League teams.
The Swans have a huge wage budget due to players such as Andre Ayew and Wilfried Bony still being on the books and some fans are expecting further losses in future reports.
Fans on Twitter have become frustrated with their ownership after the most recent financial accounts were published. Here’s what Swansea fans have been saying on Twitter…
“The Next Level” more like “The Next Sunderland” ??
— John Williams (@JohnWilliams004) April 4, 2019
I’m trying to be shocked but we’ve the footballing owners equivalent of Theresa May in charge. Only surprised we haven’t posted bigger losses.
— Ellie (@swanseaexpat) April 3, 2019
Committed to investment?? Understatement of the year?? What committed investment?? #swans
— david rees (@DaiNibs) April 3, 2019
Shared from BBC Sport Swansea City: Championship club lost £3.2m in relegation season – https://t.co/PVzDEX0wb3
£3.2M loss to July 2018.
God help what will be to July 2019. #Swans
— Gavin Lewis (@Gavin_Lewis77) April 3, 2019
Yeah owners pocket again !!!
— paul st peter (@paulstpeter2) April 3, 2019
Only 3.2 million
— Andy Williams (@scooterman79_1) April 3, 2019
I’m amazed that they’re that low
— Huw Williams (@HuwWill1609) April 3, 2019