| How much is the club worth/valued at now? 20:35 - Feb 2 with 12589 views | builthjack |
£30 million?
More?
Less? |  |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| How much is the club worth/valued at now? on 15:29 - Feb 5 with 841 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 15:23 - Feb 5 by max936 |
First part is spot on and bit of the 2nd part, their decisions to not continue with transfers could cause implications in future dealings with any club involved and they've got previous. |
The system is designed for late pull outs and cancellations and upsets here and there. Clubs understand this and can manage it. Many clubs will have 3 or 4 footballer on the go at once only intending signing one. They cannot go for one and end up with nothing.
In Swansea's case they wanted Dhanda to go to DC Utd, but he declined and Walsh went instead. [Post edited 5 Feb 2022 15:30]
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| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 15:51 - Feb 5 with 820 views | Chief |
| How much is the club worth/valued at now? on 15:20 - Feb 5 by ReslovenSwan1 |
The US owners did ask the Trust "do you want to be included in the sale?". They say they got no answer either way. They needed to crack on. They gave them a day or two to come to a decision then pulled the offer. The Trust must have known this day was coming and were not it seems prepared.
It is recorded in a Trust statement. The problem was the Trust did not know what it wanted. I am confused as to what they want now. They want to maintain a holding but are paying millions to go to court and leave. It looks a confused strategy to me.
They are not happy that they do not have protection against dilution. Dilution is a business reality. To stop dilution you must veto any new investment. This is what the gentlemen said in 2015. They did not want investment. Many do not want investment now.
So what has changed since then? Only one thing.do you know what it is? [Post edited 5 Feb 2022 15:22]
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- sorry that's false. By the time the trust were aware of the deal it was nearly done. And as is the whole crux of this, the trust never received an offer the as the sellouts got. So the sellouts got months and months of negotiation time and the trust got 'a day or two' which didn't even amount to an actual bid at that point! The trust didn't know the was coming and still didn't because there was no offer on the table. By anyone's standards (even yours in reality but you won't admit it) this is shoddy at best business. Non compliant at worst. A day or two! Haha!
- well as you say they had 'a day or two' to decide and had nothing to decided on because they had no bid. So nothing to be confused about. You are more intelligent than you pretend to be. You've stated there yourself a clear difference in the conditions the sellouts were given and the trust were given. The strategy could only become clear when the whole picture was presented. Which at that point it obviously wasn't.
- of course the trust want to be protected against dilution. Why wouldn't they be. It doesn't exist, so next best thing - monetise before it happens. Again, the trust have never said they don't want investment. You've made that up.
This isn't difficult, even though you're pretending it to be. The fact that proper process wasn't followed is evidenced by a QC endorsing the case. The Americans have got no one else to blame but themselves in stupidity listening to the sellouts in excluding the trust (on film admitting so). Very niave and clueless from experienced businessmen. |  |
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| How much is the club worth/valued at now? on 15:58 - Feb 5 with 811 views | Chief |
| How much is the club worth/valued at now? on 15:29 - Feb 5 by ReslovenSwan1 |
The system is designed for late pull outs and cancellations and upsets here and there. Clubs understand this and can manage it. Many clubs will have 3 or 4 footballer on the go at once only intending signing one. They cannot go for one and end up with nothing.
In Swansea's case they wanted Dhanda to go to DC Utd, but he declined and Walsh went instead. [Post edited 5 Feb 2022 15:30]
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You have a point but poor planning definitely plays a part here. Silverstein came and went and weeks later they decide to then ask Dhanda if he'd fancy upping sticks and moving thousands of miles away. Oh and he must decide within an hour....
You'll not admit it but Silverstein definitely hasn't come out of this window looking good. | |
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| How much is the club worth/valued at now? on 16:42 - Feb 5 with 786 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 15:51 - Feb 5 by Chief |
- sorry that's false. By the time the trust were aware of the deal it was nearly done. And as is the whole crux of this, the trust never received an offer the as the sellouts got. So the sellouts got months and months of negotiation time and the trust got 'a day or two' which didn't even amount to an actual bid at that point! The trust didn't know the was coming and still didn't because there was no offer on the table. By anyone's standards (even yours in reality but you won't admit it) this is shoddy at best business. Non compliant at worst. A day or two! Haha!
- well as you say they had 'a day or two' to decide and had nothing to decided on because they had no bid. So nothing to be confused about. You are more intelligent than you pretend to be. You've stated there yourself a clear difference in the conditions the sellouts were given and the trust were given. The strategy could only become clear when the whole picture was presented. Which at that point it obviously wasn't.
- of course the trust want to be protected against dilution. Why wouldn't they be. It doesn't exist, so next best thing - monetise before it happens. Again, the trust have never said they don't want investment. You've made that up.
This isn't difficult, even though you're pretending it to be. The fact that proper process wasn't followed is evidenced by a QC endorsing the case. The Americans have got no one else to blame but themselves in stupidity listening to the sellouts in excluding the trust (on film admitting so). Very niave and clueless from experienced businessmen. |
Selling is not easy as anyone in sales will tell you. The trust simply failed to sell.
The reasons for this may be multiple and complex. It appears the seller had cash and wanted to trade. They had allowed a year or more to give the seller time to get organised and a mandate. The talks did not go well. The Trust for whatever reason could not close the deal. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 16:54 - Feb 5 with 773 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 15:58 - Feb 5 by Chief |
You have a point but poor planning definitely plays a part here. Silverstein came and went and weeks later they decide to then ask Dhanda if he'd fancy upping sticks and moving thousands of miles away. Oh and he must decide within an hour....
You'll not admit it but Silverstein definitely hasn't come out of this window looking good. |
He came over and gave it a go. He will have learned a few thing from his stay and spoken to all the people of interest. He has declared a log term interest and has cash to invest.
I see no reason to criticise. I respect people who work hard and do their best to solve problems and make friends.
Impressing Chief is nigh on an impossible job. You do not want investment and have declared this. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 16:56 - Feb 5 with 773 views | Chief |
| How much is the club worth/valued at now? on 16:42 - Feb 5 by ReslovenSwan1 |
Selling is not easy as anyone in sales will tell you. The trust simply failed to sell.
The reasons for this may be multiple and complex. It appears the seller had cash and wanted to trade. They had allowed a year or more to give the seller time to get organised and a mandate. The talks did not go well. The Trust for whatever reason could not close the deal. |
- It evidently of isn't as 'simple' as that. If it was there would be no case and the leg wouldn't have a leg to stand on. But they obviously do.
- we'll never know whehner the buyers had the cash because they never made a concrete offer for the shares which matched the deal the sellouts got. Apparently the offer that got nearest to it was rescinded pretty fast.
- you're still not looking at this the right way. The trust didn't take any the Americans inferior deals. The Americans could well now be forced to buy them by court and pay court costs because they were unable / unwilling to offer the trust an offer that either trust thought was suitable or km parity with what they offered the sellouts. So now they could well face the consequences.
- which by your logic isn't a bad thing anyway. Once we do a Burnley the yanks will be thankful the trust took them court of to acquire more shares surely? | |
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| How much is the club worth/valued at now? on 17:05 - Feb 5 with 770 views | Chief |
| How much is the club worth/valued at now? on 16:54 - Feb 5 by ReslovenSwan1 |
He came over and gave it a go. He will have learned a few thing from his stay and spoken to all the people of interest. He has declared a log term interest and has cash to invest.
I see no reason to criticise. I respect people who work hard and do their best to solve problems and make friends.
Impressing Chief is nigh on an impossible job. You do not want investment and have declared this. |
- then popped home early without much business being done despite the niave proclamations of the business being done early.
- come deadline day and phone calls are still being made across the Atlantic when we were told his remit was to cut out the middle men.
- and forget the theories that he was over here to be involved in any shareholding or financial discussions with the trust. "Above his paygrade" apparently.
- so forgive me if I'm not enthusiastic regarding his involvement (or lack of) this window. Hopefully be has learned - learned to leave it to the professionals.
- I give him credit for packing some of the Xmas hampers.
- "I see no reason to criticise. I respect people who work hard and do their best to solve problems and make friends." - not the trust though of course. Blatent double standards again. | |
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| How much is the club worth/valued at now? on 17:12 - Feb 5 with 769 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 16:56 - Feb 5 by Chief |
- It evidently of isn't as 'simple' as that. If it was there would be no case and the leg wouldn't have a leg to stand on. But they obviously do.
- we'll never know whehner the buyers had the cash because they never made a concrete offer for the shares which matched the deal the sellouts got. Apparently the offer that got nearest to it was rescinded pretty fast.
- you're still not looking at this the right way. The trust didn't take any the Americans inferior deals. The Americans could well now be forced to buy them by court and pay court costs because they were unable / unwilling to offer the trust an offer that either trust thought was suitable or km parity with what they offered the sellouts. So now they could well face the consequences.
- which by your logic isn't a bad thing anyway. Once we do a Burnley the yanks will be thankful the trust took them court of to acquire more shares surely? |
The only people thankful to the Trust are those charging exorbitant fees. £250,000 already according to accounts. I am sure they whoever they are are grateful to you for your continuing support.
The case if lost (or in your case won) will set back the club from getting back to the Premier league by a number of years but at least the Trust will be gone. The idea it will not affect the club is fake.
As I understand it the Trust wants to stay with a share but be protected from dilution. No thank you. Swansea is no longer a place for freeloaders. Owners must contribute. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 17:21 - Feb 5 with 764 views | Chief |
| How much is the club worth/valued at now? on 17:12 - Feb 5 by ReslovenSwan1 |
The only people thankful to the Trust are those charging exorbitant fees. £250,000 already according to accounts. I am sure they whoever they are are grateful to you for your continuing support.
The case if lost (or in your case won) will set back the club from getting back to the Premier league by a number of years but at least the Trust will be gone. The idea it will not affect the club is fake.
As I understand it the Trust wants to stay with a share but be protected from dilution. No thank you. Swansea is no longer a place for freeloaders. Owners must contribute. |
- I know you like ignoring things but your lack of back up on this forum suggests otherwise. You and an apathetic few others who don't really know the story. Those lawyers should thank the Americans for not concluding their purchase in a compliant manner.
- well if the Americans allow the case to affect their asset which theyll own more shares in, they'll be very silly indeed.
- the trust are fully aware of that. They've taken the option to try and monetise which is prudent and they are fully within their rights to do so. The sellouts and yanks wouldn't provide such safeguards so the trust must act accordingly. | |
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| How much is the club worth/valued at now? on 20:31 - Feb 5 with 714 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 17:21 - Feb 5 by Chief |
- I know you like ignoring things but your lack of back up on this forum suggests otherwise. You and an apathetic few others who don't really know the story. Those lawyers should thank the Americans for not concluding their purchase in a compliant manner.
- well if the Americans allow the case to affect their asset which theyll own more shares in, they'll be very silly indeed.
- the trust are fully aware of that. They've taken the option to try and monetise which is prudent and they are fully within their rights to do so. The sellouts and yanks wouldn't provide such safeguards so the trust must act accordingly. |
I sense the trust are pen pusher obsessed with matters of protocol an procedure that really do not fit in with the other owners that have to deal with fast moving transfer deadliness, agent, player welfare, business management, logistics and day to day running of the club. They appear to do this very well. Dealing with the Trust is a whole different ball game. I suspect they could well do without this group. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 20:32 - Feb 5 with 708 views | Dr_Parnassus |
| How much is the club worth/valued at now? on 17:21 - Feb 5 by Chief |
- I know you like ignoring things but your lack of back up on this forum suggests otherwise. You and an apathetic few others who don't really know the story. Those lawyers should thank the Americans for not concluding their purchase in a compliant manner.
- well if the Americans allow the case to affect their asset which theyll own more shares in, they'll be very silly indeed.
- the trust are fully aware of that. They've taken the option to try and monetise which is prudent and they are fully within their rights to do so. The sellouts and yanks wouldn't provide such safeguards so the trust must act accordingly. |
Excellent post there. |  |
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| How much is the club worth/valued at now? on 20:46 - Feb 5 with 702 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 17:21 - Feb 5 by Chief |
- I know you like ignoring things but your lack of back up on this forum suggests otherwise. You and an apathetic few others who don't really know the story. Those lawyers should thank the Americans for not concluding their purchase in a compliant manner.
- well if the Americans allow the case to affect their asset which theyll own more shares in, they'll be very silly indeed.
- the trust are fully aware of that. They've taken the option to try and monetise which is prudent and they are fully within their rights to do so. The sellouts and yanks wouldn't provide such safeguards so the trust must act accordingly. |
You said ""The sellouts and yanks wouldn't provide such safeguards so the trust must act accordingly"".
Can you please explain what 'safeguards' you are talking about. Also 'Protection (against Dilution?)'. What does that mean?
Where else is this in place?, Examples? [Post edited 5 Feb 2022 21:34]
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| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 21:46 - Feb 5 with 669 views | majorraglan |
| How much is the club worth/valued at now? on 20:46 - Feb 5 by ReslovenSwan1 |
You said ""The sellouts and yanks wouldn't provide such safeguards so the trust must act accordingly"".
Can you please explain what 'safeguards' you are talking about. Also 'Protection (against Dilution?)'. What does that mean?
Where else is this in place?, Examples? [Post edited 5 Feb 2022 21:34]
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The Chief and the Trust do not have to explain anything to you, particularly on here as you’re not a member. If you want to know, pay your membership and go to a meeting where you can ask in person.
With potential litigation ahead, I don't know whether these conversations should be taking place. I’ve a lot more I could say, but will bow out. |  | | |
| How much is the club worth/valued at now? on 21:46 - Feb 5 with 669 views | Dr_Parnassus |
| How much is the club worth/valued at now? on 20:46 - Feb 5 by ReslovenSwan1 |
You said ""The sellouts and yanks wouldn't provide such safeguards so the trust must act accordingly"".
Can you please explain what 'safeguards' you are talking about. Also 'Protection (against Dilution?)'. What does that mean?
Where else is this in place?, Examples? [Post edited 5 Feb 2022 21:34]
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Any company where a minority shareholder owns 25.1% of the shares is an example of protection against special resolutions such as share issues, and as a result...dilution.
The examples are extensive. | |
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| How much is the club worth/valued at now? on 23:05 - Feb 5 with 632 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 21:46 - Feb 5 by Dr_Parnassus |
Any company where a minority shareholder owns 25.1% of the shares is an example of protection against special resolutions such as share issues, and as a result...dilution.
The examples are extensive. |
This example would be protection against share issues. Share issues means investment. Companies issue shares to raise funds.
For example if the US people issued new shares for expanding he stadium the Trust would be able to veto it to prevent their dilution. They would be able to stop stadium development.
The best protection again dilution in to invest cash. Their cash is "earning" 0.15% in the Santander in effect devaluating. With 21% they can easily be diluted. At 5% it is not so easy.
The trust could never afford 4% of the shares £4m and asked to be gifted it. They cannot afford them now either. Why should anyone give them the money to do this.?
They are not so stupid to allow the Trust to prevent them (the donors) from investing in their own club.
Demanding 'protection' without cash is irrational for the other owners. Te Trust no do need protection. They need to be properly run. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 23:38 - Feb 5 with 619 views | Treforys_Jack |
Why did they not inform the trust they were selling until it was too late. They shat themselves after a couple of flirts with relegation and the gravy train disappearing into the distance. |  | | |
| How much is the club worth/valued at now? on 23:41 - Feb 5 with 619 views | Dr_Parnassus |
| How much is the club worth/valued at now? on 23:05 - Feb 5 by ReslovenSwan1 |
This example would be protection against share issues. Share issues means investment. Companies issue shares to raise funds.
For example if the US people issued new shares for expanding he stadium the Trust would be able to veto it to prevent their dilution. They would be able to stop stadium development.
The best protection again dilution in to invest cash. Their cash is "earning" 0.15% in the Santander in effect devaluating. With 21% they can easily be diluted. At 5% it is not so easy.
The trust could never afford 4% of the shares £4m and asked to be gifted it. They cannot afford them now either. Why should anyone give them the money to do this.?
They are not so stupid to allow the Trust to prevent them (the donors) from investing in their own club.
Demanding 'protection' without cash is irrational for the other owners. Te Trust no do need protection. They need to be properly run. |
So you can protect against dilution by having 25.1% of the shares then.
It isn't about ''should''. They are unable to protect themselves against dilution so they are seeking to cash in on their shares via the courts.
''Demanding protection without cash'' - that's why they are looking to recoup 21m. The next time they will be involved in the club they will have cash.
If by that time the club is worth 20m for example. 5.2m would secure their 25.1% in a consortium and they would have 15m to play with if they did decide in an extreme circumstance to partake in a share issue.
But 25.1% gives them the option to partake or veto depending on their position and whether it makes sense for the club. | |
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| How much is the club worth/valued at now? on 23:46 - Feb 5 with 611 views | BillyChong |
| How much is the club worth/valued at now? on 23:41 - Feb 5 by Dr_Parnassus |
So you can protect against dilution by having 25.1% of the shares then.
It isn't about ''should''. They are unable to protect themselves against dilution so they are seeking to cash in on their shares via the courts.
''Demanding protection without cash'' - that's why they are looking to recoup 21m. The next time they will be involved in the club they will have cash.
If by that time the club is worth 20m for example. 5.2m would secure their 25.1% in a consortium and they would have 15m to play with if they did decide in an extreme circumstance to partake in a share issue.
But 25.1% gives them the option to partake or veto depending on their position and whether it makes sense for the club. |
This is well known but ignored by one mouthpiece. Who also forgets that the sellouts were last to the party when buying out Petty. | | | |
| How much is the club worth/valued at now? on 10:24 - Feb 6 with 563 views | majorraglan |
| How much is the club worth/valued at now? on 23:41 - Feb 5 by Dr_Parnassus |
So you can protect against dilution by having 25.1% of the shares then.
It isn't about ''should''. They are unable to protect themselves against dilution so they are seeking to cash in on their shares via the courts.
''Demanding protection without cash'' - that's why they are looking to recoup 21m. The next time they will be involved in the club they will have cash.
If by that time the club is worth 20m for example. 5.2m would secure their 25.1% in a consortium and they would have 15m to play with if they did decide in an extreme circumstance to partake in a share issue.
But 25.1% gives them the option to partake or veto depending on their position and whether it makes sense for the club. |
A mate of mine and his father started a business venture with someone the dad knew. It was a limited company, the guy put up most of the money and had just over 75% of the shares while my mate and his dad were bringing the brains, practical knowledge, experience and would staff and run all aspects of the business.
The company commenced trading and was doing well very well, it was turning a profit but showing a loss on paper after the initial set up costs were factored in. Things were going very well and there was talk of expansion etc. After 2 years, the majority owner suddenly and without warning pulled the plug on the business claiming the company was unprofitable and it ceased trading. My mate and his father were made redundant and out of work.
A few days later the majority owner reopened the business and was trading from the same location, using the same name, same stock, same suppliers but with different staff and using a different limited company. My mate and his father who’d set it up, got it going and had been doing really well were tucked up and because they had less than 25.1% of the shares had no protection. On reflection, they were a little naive, but my mates dad had known the guy they were in business with for years and years and had no reason to suspect they would be tucked up. The guy got greedy, he could see there was money to be made and wanted it all.
From where I sit, I think it’s essential that the Trust secure legal protections or are compensated properly for their shares. | | | |
| How much is the club worth/valued at now? on 12:10 - Feb 6 with 539 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 23:46 - Feb 5 by BillyChong |
This is well known but ignored by one mouthpiece. Who also forgets that the sellouts were last to the party when buying out Petty. |
Some secured capital and go the money together. The Vetch and the terrible plaling staff were secured. Another cash crush perhaps..A decade or two f of struggle in league 2 beckoned with the trust getting no returns.on their bucket money.
They may have been the last to enter the consortium but they were by far the most talented. Your judgement is poor because you cannot see this through the fog of forum fake narratives of 'sell outs' 'pieces of silver', 'hedge funders' 'quick flippers' and 'parachute feeders'. Valleys sunday school preacher tub thumping. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 12:22 - Feb 6 with 527 views | Chief |
| How much is the club worth/valued at now? on 12:10 - Feb 6 by ReslovenSwan1 |
Some secured capital and go the money together. The Vetch and the terrible plaling staff were secured. Another cash crush perhaps..A decade or two f of struggle in league 2 beckoned with the trust getting no returns.on their bucket money.
They may have been the last to enter the consortium but they were by far the most talented. Your judgement is poor because you cannot see this through the fog of forum fake narratives of 'sell outs' 'pieces of silver', 'hedge funders' 'quick flippers' and 'parachute feeders'. Valleys sunday school preacher tub thumping. |
If all else fails, ignore the numerous posts that point out with you've misunderstood and corrected you...
And focus on one specific post to misinterpret and misquote.
Tell tale sign of a lack of substance. | |
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| How much is the club worth/valued at now? on 12:40 - Feb 6 with 511 views | 3swan |
| How much is the club worth/valued at now? on 23:38 - Feb 5 by Treforys_Jack |
Why did they not inform the trust they were selling until it was too late. They shat themselves after a couple of flirts with relegation and the gravy train disappearing into the distance. |
The buyers only needed to buy a certain % to gain control. The sellers giving the voting rights for their remaining shares was the carrot needed. Why would the buyers even think of entering a purchase of Trust shares when they wouldn't gain from it. Both buyers and sellers would be happy to keep the Trust out of any negotiations. | | | |
| How much is the club worth/valued at now? on 12:49 - Feb 6 with 500 views | ReslovenSwan1 |
| How much is the club worth/valued at now? on 23:41 - Feb 5 by Dr_Parnassus |
So you can protect against dilution by having 25.1% of the shares then.
It isn't about ''should''. They are unable to protect themselves against dilution so they are seeking to cash in on their shares via the courts.
''Demanding protection without cash'' - that's why they are looking to recoup 21m. The next time they will be involved in the club they will have cash.
If by that time the club is worth 20m for example. 5.2m would secure their 25.1% in a consortium and they would have 15m to play with if they did decide in an extreme circumstance to partake in a share issue.
But 25.1% gives them the option to partake or veto depending on their position and whether it makes sense for the club. |
I am not a business consultant. I asked you and Chief if holding 25%+ protects a shareholder from dilution. You say it can.
Chief who promotes legal action tells me it is "to give the Trust protection". Protection from what? He for once did not answer my question.
Why do they want to protect themselves from dilution? Please explain. They cash to share ratio is crazy. They are not getting dividends and what they do have is getting 0.15% according to accounts. In 2013-2016 they had to sell. They stated "they would never sell" in 2015 and stated they were not keen on selling in 2016. It was a mistake. Bad management.
The trust want to run the club. You say they are inept. They are getting 0.15% on their money. The objective is to be Wales's 3 biggest club behind Cardiff and Wrexham.
Wrexham are finally rolling again by the moribund (dilution protected) Trust giving their club away to US and Canadian Celebrities. The Wrexham Trust have worked their way through £15m easily over the last 10 years.
Swansea Trust will need local partners, The most suitable are Morgan Jenkins and Dineen. No local business people will accept the trust calling the shots and controlling how their own money is spent.
Swansea fans that want more power for the Trust to look at Wrexham FC. Another trust that could not grow, could not invest , ran on a shoestring. They just got bored in the end of dull losing football and handed over their club to an American and Canadian.
Wrexham was never diluted. Dilution is not the problem Devaluation is the problem. Wrexham Trust were quite competent as trusts go. Their leader has been very eloquent on TV. I have never seen a Swansea Trust leader on the screen. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 12:52 - Feb 6 with 496 views | Dr_Parnassus |
| How much is the club worth/valued at now? on 12:49 - Feb 6 by ReslovenSwan1 |
I am not a business consultant. I asked you and Chief if holding 25%+ protects a shareholder from dilution. You say it can.
Chief who promotes legal action tells me it is "to give the Trust protection". Protection from what? He for once did not answer my question.
Why do they want to protect themselves from dilution? Please explain. They cash to share ratio is crazy. They are not getting dividends and what they do have is getting 0.15% according to accounts. In 2013-2016 they had to sell. They stated "they would never sell" in 2015 and stated they were not keen on selling in 2016. It was a mistake. Bad management.
The trust want to run the club. You say they are inept. They are getting 0.15% on their money. The objective is to be Wales's 3 biggest club behind Cardiff and Wrexham.
Wrexham are finally rolling again by the moribund (dilution protected) Trust giving their club away to US and Canadian Celebrities. The Wrexham Trust have worked their way through £15m easily over the last 10 years.
Swansea Trust will need local partners, The most suitable are Morgan Jenkins and Dineen. No local business people will accept the trust calling the shots and controlling how their own money is spent.
Swansea fans that want more power for the Trust to look at Wrexham FC. Another trust that could not grow, could not invest , ran on a shoestring. They just got bored in the end of dull losing football and handed over their club to an American and Canadian.
Wrexham was never diluted. Dilution is not the problem Devaluation is the problem. Wrexham Trust were quite competent as trusts go. Their leader has been very eloquent on TV. I have never seen a Swansea Trust leader on the screen. |
What’s your question? | |
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| How much is the club worth/valued at now? on 12:57 - Feb 6 with 489 views | 3swan |
A comment from Phil Sumbler 1st Feb 2022
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Indeed less than 18 hours after finally being told about the potential interest every shareholder received a communication from the Trust to say they could well be interested in selling
The narrative of us saying we'd never sell is a well trodden but incorrect line
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That is something that could easily be confirmed.
Edit changed date from 2021 to 2022. How time flies 😀 [Post edited 6 Feb 2022 14:12]
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