The accounts

Turnover

£22.7m

up 3% on last year

Loss before tax

£20.9m

up 38% on last year

Wages and salaries

£26.3m

up 5% on last year

Total staff costs

£30.2m

up 4% on last year

Profit on player sales

£8.1m

down 22% on last year

Player registrations bought

£10.7m

up 80% on last year

Player registrations on the books

£11.8m

up 28% on last year

Player amortisation

£6.8m

up 57% on last year

Highest paid director

£335,417

up 89% on last year

People employed

657

• The accounts do not split player wages out of wages and salaries (note 7), so no player wage ratio is shown; the ratio the filing supports is total staff costs to turnover.
• Note 27: 2,329,111 B ordinary shares were issued in the year for £21,029,217. Note 20: advanced subscription agreements of £10,395,967, expected to convert to shares by 30 June 2026, sit in other creditors.
• SH01 filed 3 August 2026: 4,457,583 B ordinary shares allotted on 30 June 2026 at £9.02887 each, £40,246,937 in total, taking issued capital to 10,109,374 shares. The filing does not say how much of that was new cash beyond the advanced subscriptions.
• Note 32, events after the reporting date: player registrations sold for £1,208,459 and bought or extended for £19,882,724 (2024: £6,330,328).
• Note 34: ultimate parent Swansea Football LLC (United States); controlling parties Mr J Cohen and Mr B S Cravatt. Strategic report: in November 2024 a group including Jason Cohen, Andrew Coleman, Brett Cravatt and Nigel Morris acquired the shares formerly held by the group controlled by Jason Levien.
• The 2024 comparative is an eleven-month period to 30 June 2024 after the year end was shortened from 31 July (AA01 filed 28 November 2024).

Every figure is what the filing states. Figures the accounts do not give are absent rather than estimated, and the year end is shown because two clubs' accounts do not always close on the same day. The filing history at Companies House.