Swansea City Report Healthy Profit After Andre Ayew Sale To West Ham United Last Summer

Swansea City reports a pre-tax profit of £13.4m for the last financial year due to the sale of key players including Ghana star Andre Ayew to West Ham United last summer.

Ayew, who has returned to Wales after just a season in East London, is among a number of high-profile players who left the club last term.

Figures published by BBC Sport show that overall turnover was a healthy £127.8m, a significant on the increase on the £97.2m turnover recorded in 2015/16.

Operating costs for 2016/17 were a shade over £150m, including the purchases of Fernando Llorente, Alfie Mawson, Jordan Ayew, Luciano Narsingh, Tom Carroll and Martin Olsson during the period in question.

The costs were, however, offset by the sales of Ashley Williams, Andre Ayew, Neil Taylor and Bafetimbi Gomis, leaving the club with a respectable profit.

Chairman Huw Jenkins said, “Running a financially sound football operation remains of paramount importance to the club. We will continue to work hard to find the right balance between growth, success on the field and prudent financial management.”

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Get more stuff like this

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.