God Bless America.........I hope

Why the sudden rush to sell so quickly after " secret Meetings " and very little being known by the majority of the people who care about the club ? The trust must push for details and why this sudden push to push everyone out of the way of this " Deal " . Jenkin's wants his money in his pocket as he goes forward with the club , suddenly answering to others . Morgan just wants his money before anymore comes to light .

 

Guys I may be naïve here but the 100m reported what is that actually for, is this to buy out our current shareholders. If it is where is the investment, they are buying out other shareholders and there is nothing to say they will invest anything in the club, playing staff or the stadium. Am I being to simplistic here, but they will have total control of the club and have to invest zero in t when they have control and also have the ability to take a lot out of it, starting with covering their 100m at the end of next season with the Sky money, no matter where we finish in the league.

I am 100% against this and people say we need to progress, I am happy to remain where we are now, with the club being ours and the chance of a cup run or a good league season. Why risk what we have for the unknown. Go and ask Portsmouth fans, Villa fans and many other clubs if they welcomed the take overs at their clubs, yes there are some good owners, but more bad foreign owners than good, just my opinion.

 

But TFL, that is exactly the issue - it's not "our" club.

The club is owned by The Morgans, Brian Katzen, Huw Jenkins, Rob Davies et al ..... albeit with 21% held by the Supporters Trust - a percentage holding which gives a seat at Board Table, but no "real" power in isolation

 

When I say our club, I mean the board as well who have always in the past had the best interests, it now seems it is 2 fingers up in the air and away with the cash. It was owned by people who were fans not outsiders, that's what I mean by our club.

 

TLF - I understand exactly what you mean! However, there's "ours" and "ours - which, unfortunately, is theirs"!

 

It is now I agree, just didn't think they would have got rid of it all, just feels like a dark day and the club will never be the same.

 

The Morgan's , Huw's , Davies bought the club , with good faith toward the club , like the trust .
When this sale goes through , all good faith is out the door. And the trust will be shrunk out of importance .
Then hoops will appear , and everyone will be jumping through them . Everything that was special with the club , won't be anymore .

 

Roof - I agree with most of what you are saying here. The niggle that I have is - did one/more than one of the shareholders "future-proof" themselves by "allowing" the Trust only 21%?

 

Irrespective if the £100 million quoted is just to purchase shares, the bigger question is, if fans want the club to spend money on improving the squad then you have got to ask, do the current shareholders have the financial clout to do this? If not then maybe we have to accept that for the club to compete on a financial level to stay in the premier league, we have to look at the alternative, which is bringing in outside investment, which will never get the backing of every fan.
We either stand still and accept that we have good seasons and bad seasons, as we have just had.
Or, we take the risk of inviting the current investment, and trust the board have done their homework on the people coming in.
As with all things, commercially, only time will tell
Sadly, football clubs today, particularly Prem ones, are businesses, who only pay 'lip service' to the fans.
As a Swans fan for 40 years, I have to accept that what I think and want no longer matters. If I decide that I don't like what is happening and decide to stop supporting the club, who notices or cares?

 

The issue here is you , I or anyone know whether they will invest in the club and will spend money on improving the squad, what we do know is that the present board as tight cash wise as things maybe have invested, when I look at their backgrounds from what has been posted on here, I want them nowhere near us and to give the club away and allow it to be a cash cow to some money grabbing Yanks, is just not where I want my club. I hope I am 100% wrong, but I and most of who I speak to believe, Hj and the rest have sold us out for their pockets and this could be the end of the fantastic journey or maybe the start of another one but one that goes down instead of up.

I also believe that they will leave HJ as a chief exec to try and appease us fans, well it wont work.

 

http://www.southwales-eveningpost.c...r-investment/story-29103782-detail/story.html

Ok everyone is talking about investment by these Yanks in the Swans, so can someone tell where the investment is in this buy out as I read it the money paid 100m is to purchase the shares owned by current board members, so where is this investment everyone talks about in the media or have I totally misread and understood this.

 

I thought that was all in the part and parcel of problems the last time Levien and Kaplan tried to take over in December .If someone with ,5% shares , gave there shares to the trust it would throw a huge wrench into things . Huw and Morgan would go berserk IMO if it was attempted

 

That was a different pair of yanks Moores and Nawell. They then turned their interest to Everton

 

Think exactly what the trust is first.....The trust is about thousands of fans coming together to put money into the club, they are not directors in any shape or form and i was one of the founder members. The trust appoint a front man who has a seat on the board but its not what it sounds like as we have no vote in an official capacity but can be involved in discussions and give opinions which may or may not be taken aboard. The leader who we as fans elected has limited board privileges and has no vote with the clubs finances at all and i can see that perfectly well as his share is nothing like the money put into the club by the board of directors. The board can stop the trust member from entering the boardroom at any time if it wishes and it does quite frequently.....The new owners can do away with the trust altogether and force their shares to be passed on to the directors for nothing. the trust is and never have been a profit making organization. It is a voice piece only and even that means nothing at the end of the day as it will be the real directors who will make the decisions. When i joined the trust all those years ago i assumed like many others that our input had some clout and could make changes but after quite sometime and numerous meetings it became very clear that i had been deluded in what power the trust had and the reality was it had no power no vote no nothing so i quit.......

 

I bet you were pushed.

 

With a100 million £ investment the Americanos want take over
Last summer , Newcastle invested half of that amount , 50 million £ on new players .....and look at them .
Last summer .We spent 9 million £ on new players ( and both players this money bought never got used whatsoever )....and look where we are .
5 years of Midtable glee with a 6th ready to go , why change now ? .Its not not the quantity of the investment , it's the quality of the investment .
Some board members want out now before things come to light , some board members want their share money now and carry on in their roles but as non owners . I seriously think an investigation is in order for at least the last six months , longer if we want the details of the " Dyer Situation " .

 

Roof - I can't imagine that anyone would gift sufficient shares to enable the Trust to get to 25%. Each 1% is worth £1m. Don't think there are too many philanthropists amongst the shareholders......

Additionally, such a move would reduce the value of their remaining shares - as without 75% share ownership, the Yanks et al would not have "complete" control.

 

Are you sure Levien and Kaplan weren't in the picture at that time also ?

 

Well that's the idea Taff , if they can't get 75 % they will lose interest and disappear
Also , what was payed for 1% of the shares by these original investors , trying to help the club

 

I think this is a fantastic opportunity for the club to move forward and i welcome the fact that somebody who have made a success in their business see us worthy enough club to buy......