General view of the Swansea.com Stadium(Image: Getty Images)

Swansea City have announced a pre-tax loss of £21.6million in their latest financial statements, with the club’s annual accounts laying bare the scale of the ongoing investment required at Championship level.

The figures, covering the year ending June 30, 2025, show losses rising from £15.2m in the previous 11-month reporting period to £21.6m, despite a modest increase in turnover.

The Swans reported turnover of £22.3m, up 3.3 per cent on the prior period, while operational costs climbed sharply from £47.0m to £51.3m.

There was also a drop in profit generated from player trading, with the club bringing in £8.1m, down from £10.5m previously.

The latest figures underline just how heavily Swansea’s owners have continued to back the club financially.

The ownership group injected £21m through an equity share issue during the 2024-25 season, with further funding also committed in the current campaign.

Since the period of accounting closed, rapper Snoop Dogg and American lifestyle guru Martha Stewart have become investors in the club.

That fresh investment has helped offset another substantial annual loss as the club continue to chase...