Got nothing to do with money or what owners , new and old , are " Legally required " to say or show toward the " Trust " .....it's got to do with respect for the people they are dealing with .I disagree on the trust opinion, this was a transaction of shareholders, though we may not like it, this had nothing to do with the trust or its members. It's the same as with any other company, they don't have to disclose anything!
This though a football club is still a Ltd company and they have acted within the remit of someone buying a controlling interest in a company. They also said that the selling shareholders are going to reinvest some back in, so it will probably go back to about 60% when done.
I'm of the mind like Dai that we should disband the trust as its served its purpose, the shares should be bought directly by people who wish to invest in the club, the profit of selling would then be invested into buying the stadium and expansion. This way money is paid into the club, the ones investing will then profit directly in the club.
If it wasn't for these people in the trust who invested in the club they loved and knew they would never see their money again , along with the other investors ( who are making a bundle now ) Swansea would never be in a position now to maybe bid 13 million on Allen and more than that on new strikers .
And for me , if the trust should sell their shares , and like some one else said on here , they should spend that money on " Grass Roots " projects .
Let the new investors " Invest " in Liberty and expansion and such ......the trust has been sh:t on and advantaged enough by new and old owners alike .
EVERYONE. , including new and old owners owe a massive thanks to the people who threw their money at the clubs precarious position in the past , knowing full well their money was investment toward the club without return .
