Luka Modric's Surprise Investment in Swansea City: A New Era for the Welsh Club
Source: news.source.channelnewsasia
Real Madrid's Luka Modric is set to join the ownership group of Swansea City, a Championship club in Wales, bringing a touch of glamour to the team. This move comes as Swansea faces financial challenges, with the club reporting significant losses. Modric's involvement is seen as a boost to the club's ambitions to return to the Premier League, despite their current mid-table standing in the Championship.
Key Points
Luka Modric, a Real Madrid and Croatia midfielder, is investing in Swansea City, joining the club's ownership group.
Swansea City, currently in the Championship, is facing financial difficulties, having reported a pre-tax loss of 15.2 million pounds.
Modric's involvement is expected to bring 'Galactico glamour' to Swansea and support the club's ambition to return to the Premier League.
The club acknowledges the competitive and financial challenges of the Championship and relies on its ownership for funding.
Swansea is currently 12th in the Championship, far behind the league leaders.
