Swansea City news
Swans reveal cost of promotion
January 23, 2012
• Swans blog: Gooners, Black Cats and buyouts
Swansea became the first Welsh side to reach the Premier League when they beat Reading at Wembley at the end of May, and the club say the losses reflect the cost of the liabilities which arose as a result of promotion.
A club statement cites player and management ...