Luka Modric Buys Stake in Swansea City
4
Sports
April 14, 2025 20:07
swansea, wales - Real Madrid's Luka Modric invests in Championship club Swansea City to boost financial stability, aiming for Premier League return.
Luka Modric Invests in Swansea City
Real Madrid's Luka Modric acquires a minority stake in Swansea City, joining American investors to support the club financially.
Financial Challenges and Turnover
- Swansea City posted a pre-tax loss of £15.2 million in the latest financial year.
- Reported turnover of £21.5 million for the year ending June 30, 2024.
Operational Efficiencies and Support
Swansea City aims to achieve operational efficiencies amidst financial challenges in the EFL Championship, relying on ownership group funding.
Swansea's League Position
The club currently sits 12th in the 24-team Championship, far from the top, with hopes of a Premier League return.