The results of the Vote please log in to view this image News from the Trust please log in to view this image Swans Trust Member Consultation - Ballot result Dear £££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££££ We get what we deserve The closing date for the receipt of votes in the Member consultation on a potential sale of Trust shares in Swansea City was on Tuesday and a majority of Trust members who took part have voted in favour of Option One - To accept the offer for a part sale of shares. The Independent Scrutineer has advised that the total number of votes cast was as follows: Question One: Are you in favour of accepting the offer for a part sale of shares – Option One Yes 684 No 231 Void 12 Percentage of Yes Votes (684). Based on Valid Vote (915) 74.75% Percentage of No Votes (231). Based on Valid Vote (915) 25.24% Percentage Turnout. Based on Votes Cast (927). (Eligible Members 1814) 51.10% As, the majority (74.75%) voted Yes to Question One, the remaining Options automatically fall. Thank you to all those who took part in the vote and we will now take the matter forward with the Club's majority shareholders. We will keep members advised of developments. The result will be posted on the Trust website shortly. A members' mailing will be posted out next week which will include a membership form for the new membership year for those who have not yet already renewed. In the meantime see details below of other ways to renew. Best wishes
The Trust have got the result they wanted, despite their legal counsel telling them they had a very good chance of winning had the matter gone to court. Less influence in the club now. The Trust might as well sell all of their shares, and be in a financial position to buy/help buy the club when we get relegated in the future. The Trust has been ****ing useless anyway the past few years. They should have made a statement on this transfer window and lack of investment that the Yanks promised weeks ago.
The most important vote the trust has ever had and we get a 51.10% turnout well, that tells a story doesn't it? There are no more press jolly's for them to go on now, no more freebie pre-season tours, no slaps on the back from media telling them how great they are but instead there is a lot of work to be done. So what do they decide to do? they decide to **** the club and bail. Huw Jenkins and his ilk appear righteous in comparison.
Look for Jenkins to desperately find out who was leaking information to Everton from the trust over Siggy . . Jenkins was hoping to pull off another " Undisclosed " amount for Siggy and keep us all in the dark .
That's what the Swans said it was undisclosed, why they have to keep spouting this out as they set a figure of 50m so we knew it would be around that figure ish!!