| Trust response to Jenkins’ interview. on 12:48 - Dec 31 with 3411 views | londonlisa2001 |
Haven't seen the Trust response highlighted by Wales Online as yet.
Nor could I find it on their website. |  | |  |
| Trust response to Jenkins’ interview. on 12:50 - Dec 31 with 3407 views | Highjack |
They'll all be still asleep in America at the moment so Wathan hasn't had his daily instructions yet. |  |
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| Trust response to Jenkins’ interview. on 12:50 - Dec 31 with 3407 views | Cooperman |
That’s just beautiful (Brendan Rogers accent). |  |
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| Trust response to Jenkins’ interview. on 12:56 - Dec 31 with 3378 views | SkettyJack |
| Trust response to Jenkins’ interview. on 12:48 - Dec 31 by londonlisa2001 |
Haven't seen the Trust response highlighted by Wales Online as yet.
Nor could I find it on their website. |
I'm sure Wathan has said he's off work for new year, not that he would do a great deal.
Hues got him right in his pocket, and of course Wathan doesn't want to rock the boat and risk his sweet pre and post match deal | | | |
| Trust response to Jenkins’ interview. on 13:00 - Dec 31 with 3356 views | AnotherJohn |
http://www.bbc.co.uk/sport/football/42528340
The URL mentioned above had an extra 'Y'
Well done to the Trust. Interesting though to see that the BBC Wales team put a more favourable spin on Jenkins's position that other reports, such as the one on the Belfast Telegraph. [Post edited 31 Dec 2017 13:06]
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| Trust response to Jenkins’ interview. on 13:02 - Dec 31 with 3333 views | longlostjack |
The media dept. at the club have the day off today so Wathan is not quite sure how to spin it. |  |
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| Trust response to Jenkins’ interview. on 13:06 - Dec 31 with 3311 views | exiledclaseboy |
| Trust response to Jenkins’ interview. on 12:48 - Dec 31 by londonlisa2001 |
Haven't seen the Trust response highlighted by Wales Online as yet.
Nor could I find it on their website. |
Probably awaiting instructions from the chairman and owners of Swansea City. |  |
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| Trust response to Jenkins’ interview. on 13:06 - Dec 31 with 3311 views | Garyjack |
| Trust response to Jenkins’ interview. on 12:48 - Dec 31 by londonlisa2001 |
Haven't seen the Trust response highlighted by Wales Online as yet.
Nor could I find it on their website. |
I think he's probably regretting calling for a response from the trust at the end of Jenkins 'interview' on Friday |  | | |
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| Trust response to Jenkins’ interview. on 13:09 - Dec 31 with 3275 views | JACKMANANDBOY |
| Trust response to Jenkins’ interview. on 13:02 - Dec 31 by longlostjack |
The media dept. at the club have the day off today so Wathan is not quite sure how to spin it. |
The Belfast Telegraph is showing him how to do it!
Always liked the Belfast Telegraph.
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| Trust response to Jenkins’ interview. on 13:13 - Dec 31 with 3253 views | Oldjack |
| Trust response to Jenkins’ interview. on 10:34 - Dec 31 by Gowerjack |
Go legal.
Hopefully win the case.
Bank the money 'cos the rainy day ain't far off...
It's the only sensible option
It's always been the only sensible option... |
This ,without a doubt whatsoever |  |
| Prosser the Tosser dwells on Phil's bum hole like a rusty old hemorrhoid ,fact
You Greedy Bastards Get Out Of OUR Club!
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| Trust response to Jenkins’ interview. on 13:13 - Dec 31 with 3252 views | Highjack |
| Trust response to Jenkins’ interview. on 13:09 - Dec 31 by JACKMANANDBOY |
The Belfast Telegraph is showing him how to do it!
Always liked the Belfast Telegraph.
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The Belfast Telegraph should be the national newspaper of Wales. | |
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| Trust response to Jenkins’ interview. on 13:30 - Dec 31 with 3194 views | londonlisa2001 |
| Trust response to Jenkins’ interview. on 13:06 - Dec 31 by exiledclaseboy |
Probably awaiting instructions from the chairman and owners of Swansea City. |
Indeed.
If they don't put something out soon though, their arguments about being reporters are dead.
They're PR people. | | | |
| Trust response to Jenkins’ interview. on 14:17 - Dec 31 with 3060 views | JackBaston |
Got to question why they took so long when BBC and Beflast publish it first |  | | |
| Trust response to Jenkins’ interview. on 14:23 - Dec 31 with 3023 views | harryhpalmer |
| Trust response to Jenkins’ interview. on 14:17 - Dec 31 by JackBaston |
Got to question why they took so long when BBC and Beflast publish it first |
have you read the BBC Wales piece?
It doesn't say a f ucking thing about the Trust's rebuttal.
For all the criticism Watham gets, at least he spells it out in no uncertain terms. | |
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| Trust response to Jenkins’ interview. on 14:26 - Dec 31 with 3014 views | Garyjack |
| Trust response to Jenkins’ interview. on 14:23 - Dec 31 by harryhpalmer |
have you read the BBC Wales piece?
It doesn't say a f ucking thing about the Trust's rebuttal.
For all the criticism Watham gets, at least he spells it out in no uncertain terms. |
It wasn't Wathan. It was Andrew Gwilym. But yeah, he did a good job there. | | | |
| Trust response to Jenkins’ interview. on 14:33 - Dec 31 with 2968 views | nantywatcher |
| Trust response to Jenkins’ interview. on 14:26 - Dec 31 by Garyjack |
It wasn't Wathan. It was Andrew Gwilym. But yeah, he did a good job there. |
I wonder who 'zanzzibar' is?
More pro Jenkins posted than anti Jenkins at the moment!!!!! | | | |
| Trust response to Jenkins’ interview. on 14:36 - Dec 31 with 2934 views | JackBaston |
| Trust response to Jenkins’ interview. on 14:23 - Dec 31 by harryhpalmer |
have you read the BBC Wales piece?
It doesn't say a f ucking thing about the Trust's rebuttal.
For all the criticism Watham gets, at least he spells it out in no uncertain terms. |
pretty sure I didn't mention the rebuttal either
I asked a question why they took so long, considering they're our local news outlet who are meant to be first on our local news
Simple questions and all that | | | |
| Trust response to Jenkins’ interview. on 14:37 - Dec 31 with 2928 views | exiledclaseboy |
The following email has just been sent to Trust members following up the statement with a bit more detail.
What a result yesterday and our congratulations to Carlos Carvalhal and all the coaching and playing staff. Credit also to the travelling Jackarmy at Watford for great vocal support throughout the game. This is clearly an important result as we move into a tough looking January schedule and hopefully it will be the start of an upturn in our playing fortunes.
Following such a great day yesterday it was particularly disappointing to have to return our attention to addressing some serious inaccuracies in an interview the Club Chairman, Huw Jenkins gave to the media on Friday. In particular his version of events surrounding the sale of shares in the Club to the American Consortium last year. You can read our full response to the interview on the Trust website.
We thought it would be helpful to our members if we picked out a few key points in the interview and outlined our response.
Huw Jenkins in interview: 'a lot of discussions went on legally behind the scenes up to about February 2016 to when a terms sheet and formal structure of a possible deal was put together.'
Trust response: The Memorandum of Agreement, which outline the formal structure of the deal and subsequently seen by the Trust, is actually dated 5 December 2015. The Trust received a draft copy of a Share Purchase Agreement on 28 March 2016, however both documents clearly shows the Trust as having no part in the deal.
Huw Jenkins in interview: (following reference to the Aston Villa game on 19 March 2016) 'There was then a meeting held on the Saturday morning of the game, with the Trust — who had four members and legal representation present — and two of our shareholders, to try and convince the Trust to sell 11% (of their shareholding in the deal).'
Trust response: There was no meeting involving the Trust ahead of the game on 19 March. Three members of the Trust Board had requested a meeting with Huw Jenkins earlier that week having become aware of the ongoing discussions with the Americans. No legal representation was present and no offer to buy shares was made.
The first time a legal representative of the Trust was at any such meeting was on the morning of the Chelsea game (9 April 2016) to meet with Jason Levien, representing the American consortium. The discussion centred on the relationship the new owners would have with the Trust. Again there was no offer to buy any Trust shares. A subsequent meeting with two other shareholders that day centred as much on an alternative investment interest as much as anything.
Huw Jenkins in interview “The way it’s been put out in many statements and parts of media coverage that they were unaware of the deal is just not true'.
Trust response: We have repeatedly acknowledged that we became aware of the deal in March 2016. It is clear however that detailed discussions around the deal were ongoing for many months before that leading up to the Memorandum of Agreement being prepared as early as 5 December 2015. The Trust, and allegedly some of the other shareholders, were unaware of the discussions going on prior to March 2016. That is simply a fact.
Huw Jenkins in interview (commenting on the period March-July 2016) “During that period, anything could have changed, any permutations of selling shares could have changed to suit anybody including the Supporters’ Trust."
Trust response: At no point during the four month period prior to the completion of the sale was any offer made to purchase Trust shares or to include the Trust in the ongoing discussions with the Americans about the deal. The reference in the interview to ‘it was hard work with all shareholders just to get a deal together’ is inaccurate in that all shareholders were not involved in such discussions. It is clear on our part that Huw Jenkins’ focus during this period was on those shareholders who had been identified as early as December 2015 as being part of the deal, not the Supporters’ Trust.
We await any response and reaction to our statement and will keep members advised. We also expect to be able to let you have a full update later this week on the proposed sale of some of the Trust shares.
In the meantime however an opportunity to wish you all a very happy and healthy 2018.
Best wishes
The Swans Trust Team | |
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| Trust response to Jenkins’ interview. on 14:45 - Dec 31 with 2851 views | chad |
| Trust response to Jenkins’ interview. on 10:34 - Dec 31 by Gowerjack |
Go legal.
Hopefully win the case.
Bank the money 'cos the rainy day ain't far off...
It's the only sensible option
It's always been the only sensible option... |
This
Mon knows this too as none of the issues of keeping our shares have changed ...
No power, can be passed from buyer to buyer without the right to sell, toxic relationship, ongoing legal wrangling and expenses to protect ourselves against their ongoing actions etc.
I recall you saying Mon when the vote paperwork was put out, that you could not see why the no action option was included as it made no sense (in the position that we have been placed as a result of the sale and what surrounded it).
I agreed although always saw it as a better option than the deal
As I have always said and we have proved, we can have just as strong and even stronger say if the trust sell all the shares, bank the money for when it is really needed and act purely as a gritty supporter organisation
Also does away with much of the complaints about Board members being in it for being feted and dated by the owners - or because it looks good on their CV.
Well done on this statement it is a start and a strong one - but it clearly tells us the deal cannot go ahead |  | | |
| Trust response to Jenkins’ interview. on 14:57 - Dec 31 with 2765 views | max936 |
| Trust response to Jenkins’ interview. on 14:37 - Dec 31 by exiledclaseboy |
The following email has just been sent to Trust members following up the statement with a bit more detail.
What a result yesterday and our congratulations to Carlos Carvalhal and all the coaching and playing staff. Credit also to the travelling Jackarmy at Watford for great vocal support throughout the game. This is clearly an important result as we move into a tough looking January schedule and hopefully it will be the start of an upturn in our playing fortunes.
Following such a great day yesterday it was particularly disappointing to have to return our attention to addressing some serious inaccuracies in an interview the Club Chairman, Huw Jenkins gave to the media on Friday. In particular his version of events surrounding the sale of shares in the Club to the American Consortium last year. You can read our full response to the interview on the Trust website.
We thought it would be helpful to our members if we picked out a few key points in the interview and outlined our response.
Huw Jenkins in interview: 'a lot of discussions went on legally behind the scenes up to about February 2016 to when a terms sheet and formal structure of a possible deal was put together.'
Trust response: The Memorandum of Agreement, which outline the formal structure of the deal and subsequently seen by the Trust, is actually dated 5 December 2015. The Trust received a draft copy of a Share Purchase Agreement on 28 March 2016, however both documents clearly shows the Trust as having no part in the deal.
Huw Jenkins in interview: (following reference to the Aston Villa game on 19 March 2016) 'There was then a meeting held on the Saturday morning of the game, with the Trust — who had four members and legal representation present — and two of our shareholders, to try and convince the Trust to sell 11% (of their shareholding in the deal).'
Trust response: There was no meeting involving the Trust ahead of the game on 19 March. Three members of the Trust Board had requested a meeting with Huw Jenkins earlier that week having become aware of the ongoing discussions with the Americans. No legal representation was present and no offer to buy shares was made.
The first time a legal representative of the Trust was at any such meeting was on the morning of the Chelsea game (9 April 2016) to meet with Jason Levien, representing the American consortium. The discussion centred on the relationship the new owners would have with the Trust. Again there was no offer to buy any Trust shares. A subsequent meeting with two other shareholders that day centred as much on an alternative investment interest as much as anything.
Huw Jenkins in interview “The way it’s been put out in many statements and parts of media coverage that they were unaware of the deal is just not true'.
Trust response: We have repeatedly acknowledged that we became aware of the deal in March 2016. It is clear however that detailed discussions around the deal were ongoing for many months before that leading up to the Memorandum of Agreement being prepared as early as 5 December 2015. The Trust, and allegedly some of the other shareholders, were unaware of the discussions going on prior to March 2016. That is simply a fact.
Huw Jenkins in interview (commenting on the period March-July 2016) “During that period, anything could have changed, any permutations of selling shares could have changed to suit anybody including the Supporters’ Trust."
Trust response: At no point during the four month period prior to the completion of the sale was any offer made to purchase Trust shares or to include the Trust in the ongoing discussions with the Americans about the deal. The reference in the interview to ‘it was hard work with all shareholders just to get a deal together’ is inaccurate in that all shareholders were not involved in such discussions. It is clear on our part that Huw Jenkins’ focus during this period was on those shareholders who had been identified as early as December 2015 as being part of the deal, not the Supporters’ Trust.
We await any response and reaction to our statement and will keep members advised. We also expect to be able to let you have a full update later this week on the proposed sale of some of the Trust shares.
In the meantime however an opportunity to wish you all a very happy and healthy 2018.
Best wishes
The Swans Trust Team |
Proposed deal should change to, deal negotiations have now been postponed at least for now, with a review of the deal to be carried out. |  |
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| Trust response to Jenkins’ interview. on 15:04 - Dec 31 with 2727 views | Garyjack |
| Trust response to Jenkins’ interview. on 14:57 - Dec 31 by max936 |
Proposed deal should change to, deal negotiations have now been postponed at least for now, with a review of the deal to be carried out. |
That would be a bit like sending out a strongly worded divorce letter from your solicitor to your wife who has cheated on you and stolen all your money, then adding at the end that your willing to try again if she changes her ways.  | | | |
| Trust response to Jenkins’ interview. on 15:15 - Dec 31 with 2676 views | BLAZE |
Awesome. I let out a cheer when I got to the final line of the statement.
A concern that popped into my head though - if the Americans sack Jenkins, then that may further solidify the Trusts belief that a working relationship exists between themselves and the owners, which may convince them to push ahead with the share sale. I hope that doesn't happen, and they release another statement shortly declaring that the deal if off the table. |  | | |
| Trust response to Jenkins’ interview. on 15:16 - Dec 31 with 2664 views | Swanseajill |
| Trust response to Jenkins’ interview. on 12:48 - Dec 31 by londonlisa2001 |
Haven't seen the Trust response highlighted by Wales Online as yet.
Nor could I find it on their website. |
I can find it well Lisa, but it crashes my iPad so I rarely bother to look at it.
They can dismiss the Trust statement, but it won't be for long.  |  | | |
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