Swansea City will not make many big-money signings, says Huw Jenkins
HUW Jenkins has admitted he did not like the idea of spending £12 million on one player — and says Swansea City will not make a habit of splashing big cash.
Swansea obliterated their transfer record when they signed Wilfried Bony from Vitesse Arnhem during the close season.
With add-ons, the transfer could eventually be worth £13.75 million.
The Bony deal took Swansea into a new stratosphere, for their previous record fee paid was the £5.55 million spent on Pablo Hernandez last year.
But Jenkins has told Swansea’s fans not to expect a series of eight-figure deals to follow in the future.
Speaking at a fans’ forum held at the Liberty Stadium, Jenkins said: “This summer was the first time where we agreed to spend that money on one player, and personally I don’t like the idea of doing it.
“I don’t think it’s a great thing for our club to be doing season after season.
“Yes, now and again for the right player at the right time, it might be an option.
“But I think we all know our level should be a bit below that.
“We should be finding players who are suitable to us and who arrive for figures that are easier to sleep with.
“Signing Wilfried Bony was a big thing for us, but I would not like to keep paying fees like that all the time.”
Jenkins admits Swansea will continue to face a battle to compete in the Premier League given the financial clout of many of the division’s clubs.
But he says that as long as Swansea’s supporters are content, the current regime will persist with their careful approach.
“I like the way we run our club,” the Swansea chairman added.
“It’s unique, and a lot of people at other Premier League clubs like the way we do things.
“The Premier League themselves like the model we have got.
“Having said that, it’s very difficult to compete to stay in the Premier League when you look at the finances some clubs have got.
“But as long as our fans are happy with how we try to compete, I think we are okay.
“It’s up to the supporters if they want something different, if they want to change the club’s philosophy and have millions to spend on players.
“If that time comes, then things will change.”