Swansea City posted a pre-tax loss of £4.6m in their latest annual accounts.
The coronavirus pandemic had a major impact on football, with fans unable to attend fixtures for more than a year after Steve Cooper's first campaign in south Wales was halted in March 2020. In turn, revenues at all clubs have dropped significantly while Swansea - who are in their fourth successive campaign in the Championship - are no longer receiving Premier League parachute payments.
As a result, their turnover plummeted to £27.5m for the year ending July 31, 2021 from £50m just 12 months earlier. Their current pre-tax loss figure comes after the Swans posted a profit of £2.7m in the previous financial year.
