No doubt what we're dealing within there

The Trust has taken legal advice, now the decision they have to make is dependant on what consul reckons the percentage chance of a successful outcome would be to us If it goes to a vote by the Trust membership which the Trust Board did say they would insist happen then who knows which way it would go .We have £18,000,000 or so in the bank which a large chunk could be lost should it go the court and we lose the case .

 

Where do you get your information from ? because you're so far off the mark , the Trust shares BELONG to the Trust and no one else , how many times does this fact need to be posted .Having power is a different matter and yes you're correct the Trust has lost a substantial amount of it but that is what this potential court case is about, the mythical ( in the sellers eyes) Share Holders agreement which was not complied with during the sale of the Club ,the one that The selllouts tried to have the Trust admit didn't exist and the same one the yanks knew about but chose to ignore .

 

To appease the Trust, the Yanks reversed their decision to make Dineen a (Statutory/Companies House registered) Director.

However, it's just cosmetic.

Dineen is Vice-Chairman & Commercial Director, albeit not formally on the Board. He is working closely with Pearlman in running the Club on a day-to-day basis.

The Yanks have no need to buy the Trust's shares: it's been reported that they control the voting rights of the shares still retained by Huw et al. Therefore, they have over 75% & can force through special resolutions.......

 

The trust is nothing more than a fans fund raiser nothing more nothing less......What makes you think any fan has any control at all No club with a trust has any control whatsoever, they don't even have a vote.....The trust exists because the club says it can.....

 

I think the trust has a very strong case, as the original share holders agreement is by definition a contract, which has now been broken, and if the Trust has any sense it will go for the jugular!...................

 

Nobody can sell their shares to an outsider without the yanks approval. If they want to sell then they must sell to existing share holders who are directors. they cant sell to any non director share holder without approval and they cant definitely sell to the trust or they would be buying their own shares.....The yanks have 100% control of everything whatever you may think....And as for going to court then the trust don't have a leg to stand on against the billionaire owners and they know it....

 

But like I pointed out earlier , it's a bit of risk to take which could be dependant on (should the Trust win ) what the Judge perceives was the loss was to the Trust by the sellouts ignoring the agreement .

 

Legal cases are always a risk, but the loss would clearly be material (Financial) and influence, since the takeover the Trust has been sidelined, it's influenced weakened by breaking of the original shareholders agreement, which did provide the trust with certain rights and protection.................

 

The new owner's only straw grasping reason they didn't know about the " Agreement " , is that their " Representative " was told about it and the new owners are going to say their " representative " didn';t tell them ... the oldest trick in the book .... BUT , in court ....If your representative was told about , you were told about .

 

"Although I cannot promise or predict the future, I can guarantee one thing - the current board of directors will always fight, as we have done over the last 12 years, to work together as one with the Supporters Trust to make 100% sure that Swansea City football club remains the number one priority in all our thoughts and in every decision we make."

 

What a load of hogwash, we were told that bringing in 'investers were needed to take the club forward', instead there were no 'investers' taking the club forward, just leeches taking the club backwards..........

 

I dont get it Dai said we have billionaire owners so where is the problem?

"The yanks have 100% control of everything whatever you may think....And as for going to court then the trust don't have a leg to stand on against the billionaire owners and they know it."