| Takeover - done deal. on 22:48 - Jun 1 with 2090 views | Big_Phil |
| Takeover - done deal. on 22:16 - Jun 1 by mahoss |
Could this be a good thing ?, just wondering ..... |
It could be.....most likely not long term....but it could be couldn't it
All that is certain is that we have 4 pages and counting of FACT FREE debate on PS - it's a forum after all so that's ok
I suspect the ST have the FACTS though and that's very interesting indeed from all sorts of perspectives.... |  | |  |
| Takeover - done deal. on 22:51 - Jun 1 with 2062 views | monmouth |
| Takeover - done deal. on 22:48 - Jun 1 by Big_Phil |
It could be.....most likely not long term....but it could be couldn't it
All that is certain is that we have 4 pages and counting of FACT FREE debate on PS - it's a forum after all so that's ok
I suspect the ST have the FACTS though and that's very interesting indeed from all sorts of perspectives.... |
2 pages. FACT |  |
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| Takeover - done deal. on 22:52 - Jun 1 with 2053 views | jackforever |
| Takeover - done deal. on 22:46 - Jun 1 by mahoss |
They won't want to see the Swans relegated that's for sure.
So that means they have to invest in the playing squad,they
are aware of that.
Interesting times ahead...... |
Yep because no club with millionaire 'investors' has ever been relegated or finished rock bottom. Cardiff and Villa for example are good examples of foreign owners stopping a club going backwards because they need to stay in the PL for the money. |  | | |
| Takeover - done deal. on 22:52 - Jun 1 with 2048 views | londonlisa2001 |
| Takeover - done deal. on 22:51 - Jun 1 by monmouth |
2 pages. FACT |
He was referring to the other thread mun ! | | | |
| Takeover - done deal. on 22:54 - Jun 1 with 2031 views | monmouth |
| Takeover - done deal. on 22:52 - Jun 1 by londonlisa2001 |
He was referring to the other thread mun ! |
Oh right, is that a fact. | |
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| Takeover - done deal. on 22:55 - Jun 1 with 2023 views | Big_Phil |
| Takeover - done deal. on 22:52 - Jun 1 by londonlisa2001 |
He was referring to the other thread mun ! |
Aye - it's late, we're all tired and emotional.... | | | |
| Takeover - done deal. on 22:56 - Jun 1 with 2014 views | Landore_Jack |
QPR is another example.
Relegated from PL under Tony Fernandes. [Post edited 1 Jun 2016 22:58]
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| Takeover - done deal. on 22:58 - Jun 1 with 1994 views | londonlisa2001 |
| Takeover - done deal. on 22:19 - Jun 1 by ItchySphincter |
Well somethings not right...........
Let's see who knows their way around these complex company deals the best - the discreet American multi-billionaires or Planet Swans's finest?
Looking forward to the next installment. [Post edited 1 Jun 2016 22:27]
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Of course the investors know their way round the law. The question I posed was asking why if it's true, the Trust haven't asserted their rights. Not the same as why don't people know what they are. This is only based on what has been said which may not be accurate.
But something does not add up. (And neither does their money add up to anything like billionaires by the way). These two guys don't appear to have the money on their own to do this deal - they are multi millionaires I'm sure, but that's not enough to pay £100m for something. | | | |
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| Takeover - done deal. on 23:00 - Jun 1 with 1980 views | londonlisa2001 |
| Takeover - done deal. on 22:54 - Jun 1 by monmouth |
Oh right, is that a fact. |
Nah - only an opinion, otherwise I would have put FACT :-) | | | |
| Takeover - done deal. on 23:02 - Jun 1 with 1957 views | Jango |
| Takeover - done deal. on 22:52 - Jun 1 by jackforever |
Yep because no club with millionaire 'investors' has ever been relegated or finished rock bottom. Cardiff and Villa for example are good examples of foreign owners stopping a club going backwards because they need to stay in the PL for the money. |
So does sticking with the current regime guarantee safety then? No it doesn't. Yes these people are here to make money, but to make money swans will need to be successful. It's quite daunting but there's nothing any of us can do about it now so why not just look at it as a positive rather than everyone being constantly negative about everything to do with the club. | | | |
| Takeover - done deal. on 23:05 - Jun 1 with 1943 views | londonlisa2001 |
| Takeover - done deal. on 23:02 - Jun 1 by Jango |
So does sticking with the current regime guarantee safety then? No it doesn't. Yes these people are here to make money, but to make money swans will need to be successful. It's quite daunting but there's nothing any of us can do about it now so why not just look at it as a positive rather than everyone being constantly negative about everything to do with the club. |
It's what happens if we are not successful that is possibly different not the likelihood of being successful. | | | |
| Takeover - done deal. on 23:05 - Jun 1 with 1936 views | Big_Phil |
| Takeover - done deal. on 23:00 - Jun 1 by londonlisa2001 |
Nah - only an opinion, otherwise I would have put FACT :-) |
Indeed, you of all people would have Lisa - my fave poster
Are there any irrefutable facts of the intricacies of the deal that have been made public at this point? Keen to read them if so. Plenty of 'facts' about but not many that 100% agree with as being beyond any reasonable doubt | | | |
| Takeover - done deal. on 23:05 - Jun 1 with 1936 views | pikeypaul |
So now the trust (real fans) are able to be in the know what are we to do?
Jenkins is going to and already has benefited from the fans pockets more than Petty ever wished to.
Who is worse Jenkins or Petty?
And are the real fans going to give it to Hj like they did TP ,very. unlikely since now most are plastics and never turned up 10 years ago.
RIP guys. |  |
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| Takeover - done deal. on 23:05 - Jun 1 with 1935 views | Cooperman |
| Takeover - done deal. on 22:52 - Jun 1 by jackforever |
Yep because no club with millionaire 'investors' has ever been relegated or finished rock bottom. Cardiff and Villa for example are good examples of foreign owners stopping a club going backwards because they need to stay in the PL for the money. |
But did these clubs keep a proven leader at the helm or in the position of Chairman / CEO?
If Huw was being deposed I would be more worried. |  |
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| Takeover - done deal. on 23:10 - Jun 1 with 1674 views | pikeypaul |
Huw?
The coont that's cashing In and still wants to keep. his job.
Do us a favour if he wants his pot of gold ok but piss off when he does surely.
If he stays I will never step foot in the Liberty again. | |
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| Takeover - done deal. on 23:12 - Jun 1 with 1668 views | mahoss |
| Takeover - done deal. on 22:52 - Jun 1 by jackforever |
Yep because no club with millionaire 'investors' has ever been relegated or finished rock bottom. Cardiff and Villa for example are good examples of foreign owners stopping a club going backwards because they need to stay in the PL for the money. |
Investment is needed in the club that is clear.
They need to buy the stadium and extend it,that is
obviously not possible at the moment or they would
have done it by now.
You only have to look at most other clubs in the Prem
to see where we need to go,most clubs are owned by
multi millionaires,all extending stadiums,West Ham
for example,we will be left behind if we don't act
that's for sure,we won't compete long term. | | | |
| Takeover - done deal. on 23:14 - Jun 1 with 1649 views | londonlisa2001 |
| Takeover - done deal. on 23:05 - Jun 1 by Big_Phil |
Indeed, you of all people would have Lisa - my fave poster
Are there any irrefutable facts of the intricacies of the deal that have been made public at this point? Keen to read them if so. Plenty of 'facts' about but not many that 100% agree with as being beyond any reasonable doubt |
Ha ha !
I don't believe any details are public and confirmed. I may be wrong if course.
That's the bit I don't believe rings true. Sky are being fed this stuff, not making it up, so if the deal is indeed this far advanced then the Trust not knowing anything at all (which was said earlier on the other thread) is either not correct or they have not been told what they should have been told under company law / shareholders agreement and therefore could be taking action to prevent this.
I also don't understand why the offer if it exists hasn't been made available to Trust members for a vote. Now it may be because as they said a while ago, no offer has been made for their shares, but if that remains the case, then again, why wouldn't the Trust enforce their minority rights?
This must all be bullcrap, but in which case the Trust will have to state that clearly in public and it begs the question who is leaking this and why are they lying? | | | |
| Takeover - done deal. on 23:21 - Jun 1 with 1603 views | Cooperman |
| Takeover - done deal. on 23:10 - Jun 1 by pikeypaul |
Huw?
The coont that's cashing In and still wants to keep. his job.
Do us a favour if he wants his pot of gold ok but piss off when he does surely.
If he stays I will never step foot in the Liberty again. |
You think he's calling the shots in this? I'd put my money on the investors trying to protect their investment. | |
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| Takeover - done deal. on 23:23 - Jun 1 with 1589 views | skippyjack |
It's a done deal.. The two new majority shareholders Levien and Kaplan are expected to fly to London early next week to complete the Premier League's owners' and directors' test.
This pretty much confirms it |  |
| The awkward moment when a Welsh Club become the Champions of England.. shh
The Swansea Way.. To upset the odds. | | Poll: | Best Swans Player |
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| Takeover - done deal. on 23:24 - Jun 1 with 1582 views | Phil_S |
| Takeover - done deal. on 21:40 - Jun 1 by monmouth |
"Agreed by all concerned"
Huh?
Where's the Trust statement? |
Unless I have missed something whilst I've been away then we have had no sight of any proposed shareholders agreement nor any detail on a share sale
Therefore no statement, remember the press werewolf this was happening two months back and that information wasn't true |  | | |
| Takeover - done deal. on 23:28 - Jun 1 with 1558 views | icecoldjack |
The Yanks have won the lottery.
Bought into the richest league in the world and now stand to bleed a hefty percentage of the £163m we our certain to bank in the next 2 seasons.
fookin' gutted truth be told. I know and understand that our lot want to cash in as the arses have been twitching for the last 2 yrs,the thought of seeing a massive pay off go down the drain with a relegation has got the better of them and i can understand their point of view.
Make no mistake, the yanks arn't here to fall in love with SCFC they are here to make money by hook or by crook.
What ever it takes to return the purchase price and make profit they will do, the club will then be flipped and the downward spiral will start.
Dont believe the bullsh1t folks. What ever those fookers will say will be bollocks, i must also say that i don't believe the trust had no idea as to what has been going on, that IMO is also a load of bullsh1t .
Swansea is a small place so of course all concerned knew the score, the secret was to keep the supporters in the dark til the last possible moment.
The Swans will have all it's meat cut off the bone, but it will be done by stealth. The cheapest cash cow on the planet.
Buy for £110m knowing you have at least £168m plus assests to play with in the next 2 years!! |  | | |
| Takeover - done deal. on 23:33 - Jun 1 with 1523 views | dobjack2 |
| Takeover - done deal. on 23:12 - Jun 1 by mahoss |
Investment is needed in the club that is clear.
They need to buy the stadium and extend it,that is
obviously not possible at the moment or they would
have done it by now.
You only have to look at most other clubs in the Prem
to see where we need to go,most clubs are owned by
multi millionaires,all extending stadiums,West Ham
for example,we will be left behind if we don't act
that's for sure,we won't compete long term. |
Why do we need to buy the fecking stadium? The elephant in the room!
Surely extension could take place by renegotiating the Stadco deal n relation to who gets what for investing in the extension. | | | |
| Takeover - done deal. on 23:34 - Jun 1 with 1524 views | shandyjack |
Our club as we know it has gone and its depressed me deeply. I fear greatly for our future |  |
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| Takeover - done deal. on 23:38 - Jun 1 with 1495 views | harryhpalmer |
| Takeover - done deal. on 23:21 - Jun 1 by Cooperman |
You think he's calling the shots in this? I'd put my money on the investors trying to protect their investment. |
They still have to clear the fit and proper person test, meaning that both owners and directors will need to identify themselves.
The test covers various things which include unspent criminal convictions, involvement in other clubs (including insolvent clubs), breach of certain league rules, sports bans, bankruptcy, and professional misconduct. So, for example, the rules ask if an individual has been disqualified by law from being a director under the Companies Disqualification Act 1986, or has been convicted of a dishonesty-based offence in either the UK courts or the competent courts of a foreign jurisdiction. If the individual has, he is deemed to be an unfit person to run a club and will fail the test unless they are spent under the Rehabilitation of Offenders Act 1974.2 The tests are applied strictly to the letter of the rules.
However, these tests are all objective tests, applied formulaically, and most individuals would not find it difficult to pass them. In fact, there have been very few individuals who have been prohibited from being a director or owner of an English club for failing the relevant test. | |
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