| fao Phil Sumbler 16:45 - Oct 23 with 39592 views | Rancid |
Is it true that the trust is preventing us from being taken over by an American consortium for 95 million? And the rest of the board want it to go through? I'm not expecting a straight answer btw but I've heard from a very good source at the club. |  | | |  |
| fao Phil Sumbler on 16:50 - Oct 23 with 15830 views | Phil_S |
Your very good source has turned out to be a not very good source
If there had been an offer for the club then the fans (or more exactly our members) would have to be notified
The fact that they haven't been gives you the answer that you need |  | | |
| fao Phil Sumbler on 16:59 - Oct 23 with 15792 views | NeiltheTaylor |
Is is also true that the Trust is creating an annual "Leigh Dineen award" for the Trust member who selflessly contributes to and embodies the values of the Trust? |  |
| Joe_bradshaw -I thought the cryochamber was the new name for Cardiff's stadium.
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| fao Phil Sumbler on 17:00 - Oct 23 with 15789 views | Rancid |
| fao Phil Sumbler on 16:50 - Oct 23 by Phil_S |
Your very good source has turned out to be a not very good source
If there had been an offer for the club then the fans (or more exactly our members) would have to be notified
The fact that they haven't been gives you the answer that you need |
Thanks Phil, I didn't expect you to divulge anything on here to be fair even if it was true but my source is a very good one indeed and someone you'll know.Thanks for the reply anyway and spend those million wisely ha ha.  | | | |
| fao Phil Sumbler on 17:36 - Oct 23 with 15675 views | Phil_S |
| fao Phil Sumbler on 17:00 - Oct 23 by Rancid |
Thanks Phil, I didn't expect you to divulge anything on here to be fair even if it was true but my source is a very good one indeed and someone you'll know.Thanks for the reply anyway and spend those million wisely ha ha. |
I had a feeling I probably would but members would need to know if we did have an offer!! | | | |
| fao Phil Sumbler on 18:45 - Oct 23 with 15547 views | Jackbustard |
There has been no official offer hence why fans would not have been told. But from what weve both heard from same very very reliable source if issues around trust share ownership can be resolved then it will be an official offer. | | | |
| fao Phil Sumbler on 18:53 - Oct 23 with 15500 views | Parlay |
This could be terrible for the future of swansea, certainly the ethos of the club or it could be amazing. I for one wouldnt like the gamble. |  |
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| fao Phil Sumbler on 18:55 - Oct 23 with 15488 views | scottishjack |
| fao Phil Sumbler on 18:45 - Oct 23 by Jackbustard |
There has been no official offer hence why fans would not have been told. But from what weve both heard from same very very reliable source if issues around trust share ownership can be resolved then it will be an official offer. |
Sorry if I am intruding here, but £95 million? I would be expecting any offer to be quite a bit higher than that. Granted that we don't own the Liberty, but our assets would be quite a bit higher than that surely? |  | | |
| fao Phil Sumbler on 19:02 - Oct 23 with 15453 views | Phil_S |
| fao Phil Sumbler on 18:45 - Oct 23 by Jackbustard |
There has been no official offer hence why fans would not have been told. But from what weve both heard from same very very reliable source if issues around trust share ownership can be resolved then it will be an official offer. |
So maybe you need to go and ask your official source what these issues are because if it is the members that decide and they haven't been consulted how does anyone know there are any issues with the Trust shareholding
Sounds like someone may be telling you porkies to suit their own agenda perhaps?
Maybe without the Trust shareholding their own shareholding is worth a few £ less? These things must be considered | | | |
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| fao Phil Sumbler on 19:05 - Oct 23 with 15437 views | tomdickharry |
£95M is just about right,would think that's the club's current annual turnover.I'm struggling with assets of £95M+ please specify. | | | |
| fao Phil Sumbler on 19:20 - Oct 23 with 15374 views | DwightYorkeSuperstar |
Oh well, questioning any awful decisions our future boardroom will make should be a lot easier as people won't be able to use the 'but they saved us a few years ago' line.
Still, I hope our current lot don't sell. Despite some embarrassing and bemusing mistakes they've done well enough so far. |  |
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| fao Phil Sumbler on 19:23 - Oct 23 with 15371 views | scottishjack |
| fao Phil Sumbler on 19:05 - Oct 23 by tomdickharry |
£95M is just about right,would think that's the club's current annual turnover.I'm struggling with assets of £95M+ please specify. |
Just thinking that with the SKY income, the value of the squad, the new facilities for the youth team, the Fairwood complex, and just in general the fact that we are a Premier League side, we would be worth a little more?
How much has Uncle Vinnie Tan sunk into that drainhole hown the road? | | | |
| fao Phil Sumbler on 19:24 - Oct 23 with 15345 views | DwightYorkeSuperstar |
| fao Phil Sumbler on 19:23 - Oct 23 by scottishjack |
Just thinking that with the SKY income, the value of the squad, the new facilities for the youth team, the Fairwood complex, and just in general the fact that we are a Premier League side, we would be worth a little more?
How much has Uncle Vinnie Tan sunk into that drainhole hown the road? |
I agree that it sounds low, although maybe the £95m figure is for x amount of shares and not 100% of the shares? | |
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| fao Phil Sumbler on 19:25 - Oct 23 with 15349 views | Rancid |
I don't think anyone is telling porkies here.What's being said wouldn't benefit anyones agenda, if indeed they had one.I still believe this to be 100% true because of the person who told me.
Come on, lets be honest, we're a multi million pound making organization nowadays and we'd be naive to think that it's going unnoticed. | | | |
| fao Phil Sumbler on 19:36 - Oct 23 with 15300 views | Phil_S |
| fao Phil Sumbler on 19:25 - Oct 23 by Rancid |
I don't think anyone is telling porkies here.What's being said wouldn't benefit anyones agenda, if indeed they had one.I still believe this to be 100% true because of the person who told me.
Come on, lets be honest, we're a multi million pound making organization nowadays and we'd be naive to think that it's going unnoticed. |
I will simply tell you that the Trust have been made no offer for their shares (had we done so it would be in the public domain) and we have blocked no sale
Maybe it is as simple as someone knows that there is an offer but the offer could be worth substantially more if 100% of the shares were available to purchase and there is a belief that the Trust would not sell which means the remainder of the shares become less valuable to a purchaser. Not knowing (or wishing to know) who the individual is that told you I couldn't tell you the answer because clearly they know something I don't which means that they are clearly more keen to sell (which two people have alluded to)
I don't know but had there been an offer made for the club (or our shares) then I would know about it | | | |
| fao Phil Sumbler on 19:46 - Oct 23 with 15264 views | tomdickharry |
Multi Million pound business reliant on one product,PL, take that away and the business suffers,another example is Sky reliant on the PL rights if that went shares would tumble overnight. Nothing is surer that our present board being scared stiff of relegation far far too much to lose. Surely the Trust board would decided the fate of any shares rather than trust members. | | | |
| fao Phil Sumbler on 19:55 - Oct 23 with 15226 views | Rancid |
| fao Phil Sumbler on 19:36 - Oct 23 by Phil_S |
I will simply tell you that the Trust have been made no offer for their shares (had we done so it would be in the public domain) and we have blocked no sale
Maybe it is as simple as someone knows that there is an offer but the offer could be worth substantially more if 100% of the shares were available to purchase and there is a belief that the Trust would not sell which means the remainder of the shares become less valuable to a purchaser. Not knowing (or wishing to know) who the individual is that told you I couldn't tell you the answer because clearly they know something I don't which means that they are clearly more keen to sell (which two people have alluded to)
I don't know but had there been an offer made for the club (or our shares) then I would know about it |
If there is an offer on the table, Phil and it was 100million and diligent, would you stand in the way of it? | | | |
| fao Phil Sumbler on 20:02 - Oct 23 with 15194 views | tomdickharry |
| fao Phil Sumbler on 19:55 - Oct 23 by Rancid |
If there is an offer on the table, Phil and it was 100million and diligent, would you stand in the way of it? |
We are all waiting with baited breath Phil. | | | |
| fao Phil Sumbler on 20:10 - Oct 23 with 15152 views | jackonicko |
| fao Phil Sumbler on 20:02 - Oct 23 by tomdickharry |
We are all waiting with baited breath Phil. |
Pointless waiting. If that offer was made and it was diligent (whatever that means) then Phil couldn't stand in the way of it, even if he wanted to.
He is but one voice of the trust board and many more members. If such an offer came in, trust rules (and good order) would suggest it goes to a vote.
Feel free to pass that onto Leigh in case he's wondering ;) |  | | |
| fao Phil Sumbler on 20:13 - Oct 23 with 15128 views | Rancid |
| fao Phil Sumbler on 20:10 - Oct 23 by jackonicko |
Pointless waiting. If that offer was made and it was diligent (whatever that means) then Phil couldn't stand in the way of it, even if he wanted to.
He is but one voice of the trust board and many more members. If such an offer came in, trust rules (and good order) would suggest it goes to a vote.
Feel free to pass that onto Leigh in case he's wondering ;) |
Are you suggesting the Trust carries no weight? | | | |
| fao Phil Sumbler on 20:15 - Oct 23 with 15124 views | morningstar |
| fao Phil Sumbler on 20:10 - Oct 23 by jackonicko |
Pointless waiting. If that offer was made and it was diligent (whatever that means) then Phil couldn't stand in the way of it, even if he wanted to.
He is but one voice of the trust board and many more members. If such an offer came in, trust rules (and good order) would suggest it goes to a vote.
Feel free to pass that onto Leigh in case he's wondering ;) |
And that vote would be where Phil would vote yes or no. Not on here! |  |
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| fao Phil Sumbler on 20:22 - Oct 23 with 15086 views | jackonicko |
| fao Phil Sumbler on 20:13 - Oct 23 by Rancid |
Are you suggesting the Trust carries no weight? |
No. I'm suggesting Phil is not the Trust, and the Trust is not Phil.
He has a view, and as Chairman his view is persuasive, but he's not the only person who decides.
If Leigh wants the trust to sell, he will need to persuade more than Phil. Indeed, it should go to a vote of the members. | | | |
| fao Phil Sumbler on 20:24 - Oct 23 with 15070 views | Uxbridge |
| fao Phil Sumbler on 19:55 - Oct 23 by Rancid |
If there is an offer on the table, Phil and it was 100million and diligent, would you stand in the way of it? |
Would you just accept any offer regardless of whether it's in the club's best interests? |  |
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| fao Phil Sumbler on 20:25 - Oct 23 with 15064 views | outtolunch |
| fao Phil Sumbler on 19:02 - Oct 23 by Phil_S |
So maybe you need to go and ask your official source what these issues are because if it is the members that decide and they haven't been consulted how does anyone know there are any issues with the Trust shareholding
Sounds like someone may be telling you porkies to suit their own agenda perhaps?
Maybe without the Trust shareholding their own shareholding is worth a few £ less? These things must be considered |
Phil. Are you saying that some other shareholder or shareholders have an agenda then because thats how i read it behind the question mark. Who knows perhaps its a member of the trust board talking. It wouldnt be the first time in the last few months. It seems quite alot of sensitive information finds its way into the public domain if it is all to beleived and plenty points to the trust.
Lets not hide behind our members as an excuse. Are the club talking to potential purchasers irrelavant of whether an offer has been made. ? . We don't need to vote on that do we ? | | | |
| fao Phil Sumbler on 20:25 - Oct 23 with 15062 views | Aquinas |
95 mil is laughable.
How much did Carroll, Adam, Lallana, Allen and Lovren cost?
No way is our club worth the same amount as the above players. Non-story at that price. |  | | |
| fao Phil Sumbler on 20:26 - Oct 23 with 15051 views | Rancid |
| fao Phil Sumbler on 20:24 - Oct 23 by Uxbridge |
Would you just accept any offer regardless of whether it's in the club's best interests? |
I was asking Phil who's far more influential at the club than myself.What I think is irrelevant but what Phil thinks matters. | | | |
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