What About A Fundraiser At The Other St.James’ Park?
I have to say that Swansea are playing an absolute blinder in the way they are showing the rest of the Premier League, especially Newcastle, how to operate.
Yes it will never work supporters owning a significant stake in their club and working with the best professional people their club can attract to run it.
Swansea’s fans own 20% of the Welsh club and having just won their first ever trophy, they’ve turned over a £16m profit, paid out a £1 dividend to shareholders including £200,000 going into the supporters’ trust AND invested in over £20m worth of players already this summer to try and ensure they keep the momentum going.
On top of this though, Swansea haven’t forgotten where they have come from.
Ten years ago, Exeter managed to beat Swansea in a vital match but still dropped out of the football league, while Swansea survived by the skin of their teeth and after being rescued by local business people and fans, they have never looked back.
This Sunday, Swansea are taking their impressive squad to St.James’ Park (Exeter) for a friendly and showing their class yet again, the Welsh club have insisted that Exeter keep all gate receipts to help them in their fight against financial challenges.
The Exeter Chief Executive, Julian Tagg, said;
“We are hugely grateful to Swansea, not only for agreeing to put on an exhibition here at St.James’ Park, but also for allowing us to use this as a much-needed fundraiser for our football club.
Thanks to Swansea’s generosity, all Exeter fans that come to the game will not only be treated to a chance to see Swansea’s superstars, but also to help out their own club financially in what we all recognise as challenging times.
Swansea have been a shining light in the past few seasons.”
Wouldn’t it be great for people to be speaking about Newcastle United like that?
Rather than as a laughing stock thanks to Ashley and Kinnear, or people looking down their noses in disgust after jumping into bed with a company like Wonga.
Maybe Swansea would be up for another fundraiser at our St.James’ Park and let us keep the gate money to buy a few players….
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