Swansea announce £1.7m profit

Swansea have announced a post-tax profit of £1.7m, with turnover increasing by more than £30m to nearly £100m.

The figures, which cover the club’s latest financial accounts ending May 31, 2014, take in a period which saw Swansea finish 12th in their third Barclays Premier League season and reach the knockout stages of the Europa League.