| How much is the club worth/valued at now? 20:35 - Feb 2 with 12689 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 20:18 - Feb 3 with 747 views | Catullus |
How can you possibly know what the legal bill will be? I doubt if the lawyers themselves know yet. Until the case is concluded and they count up their hours and take everything into account, the bill is not known.
For starters the Trust don't have 7 million so why would they proceed with a case that would bankrupt them if they lost, unless they have a very, very high chance of winning of course.
Secondly, that's not the first time you've said "English legal people" so whathas "English" got to do with it? Are you a closet xenophobe? Do you hate the English or are you trying to stoke up resentment?
The trust have taken on legal representatives, that they are English is not relevant unless you have an agenda.
The US people (Silverstein at least) have put money into the club and they MAY WANT IT BACK, until they convert that is still possible so don't misrepresent them. The owners are hoping for profit in the long term, they are not doing this out of the kindness of their hearts. | |
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| How much is the club worth/valued at now? on 20:22 - Feb 3 with 742 views | ReslovenSwan1 |
The defendant if it happens have done the ground work . They are ready. They will need an extra £8m on top of the Convertible loan note. not too catastrophic. The club will need a decade of 'hard medicine' unless they get a lucky break with a young player who can be sold for £20m.
The CLN will be recovered. If you as a fan do not want the club to convert the 'investment' into a 'debt' then ask the Trust to drop the case. They have no use for this money. The fans were allowed to become owners and it was assumed would t behave logically and in the club's best interests. This did not happen.
The idea that the Trust can sue the owners of Swansea city such that it does not affect the club (which is holding a £13m loan from the same people) is for the fairies. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 20:26 - Feb 3 with 729 views | vetchonian |
agent Resolven...you are beginning to show too much...and you show how the defendants are running scared and send you on here with their propoganda | |
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| How much is the club worth/valued at now? on 20:28 - Feb 3 with 724 views | Chief |
- you sure? They patently did do their groundwork when buying the club or this situation wouldn't exist. Did they do the groundwork in the case v the council over Stadium maintenance? How did that pan out? We're having hard medicine as it is. You're describing how the club is run currently.
- Silverstein has no reason to take out his loan - he weighed in with the promise of Championship priced shares. He's got no involvement in the case. There are still other shareholders to dilute without the trust - ones who've already made their money. | |
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| How much is the club worth/valued at now? on 20:30 - Feb 3 with 718 views | Whiterockin |
Stop peddling the propaganda, simple fact is the action will be against individuals not the club. You put forward hypothetical theory's not facts. I can't see one supporter on here going along with your never ending rubbish. The more you continue with this pursuit the more you are making yourself look silly. | | | |
| How much is the club worth/valued at now? on 20:30 - Feb 3 with 713 views | vetchonian |
agent Resolven...you are beginning to show too much...and you show how the defendants are running scared and send you on here with their propoganda | |
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| How much is the club worth/valued at now? on 20:33 - Feb 3 with 706 views | Catullus |
The case is not against the club though, the club wont have to find anything. That is scaremongering pure and simple.
The CLN is a debt as it stands and will remain a debt until they convert, you are misrepresenting again.
The trust are suing the previous owners, they are not suing the club.
So lies, misrepresentation and pure BS. Now you ask the fans to ask the trust to stop, what you have said isn't true so WHY?
Posters on here think they've figured you out, your constant hijacking of threads to push the same line, your agenda is there for all to see and people have made up their minds. | |
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| How much is the club worth/valued at now? on 20:39 - Feb 3 with 695 views | Whiterockin |
100% we have made up our minds. The guy is posting rubbish and trying to frighten us. We can all see the stupidity, he is not intelligent enough to pull it off. It's backfired. | | | |
| How much is the club worth/valued at now? on 20:47 - Feb 3 with 673 views | Chief |
Yup, I've been highlighting this for a long time. The lack of rational balance and desperation is noteworthy.
From completely unsubstantiated inferences to the trust preventing stadium expansion, to suggesting recently that very soon the trust could take some nice dividends (and this was after the CLN loan that they also enjoying saying was essential to keep us affloat) and presenting that as a reason not to go to court. Let alone the perverse obsession with trust using lawyers from London (using their own funds - not the clubs) but no criticism of Ozzie banks taking clubs funds ......
It's a all extremely disingenuous and duplicitous. | |
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| How much is the club worth/valued at now? on 20:52 - Feb 3 with 658 views | Whiterockin |
It's time for his taskmasters to pull him before he does any more damage. Or they can always leave him here for entertainment value and continued embarrassment. | | | |
| How much is the club worth/valued at now? on 21:03 - Feb 3 with 633 views | majorraglan |
If the Trust take this to Court and win, the “defendants” or whoever they may be, whether it’s the old owners or the new owners or a combination of both could face a situation where they have to compensate the Trust, pay the Trust’s legal fees as their own legal fees from their own pocket which is quite a scary thought. | | | |
| How much is the club worth/valued at now? on 21:06 - Feb 3 with 627 views | Whiterockin |
Or they could be sensible, bite the bullet and settle out of court. No more games. | | | |
| How much is the club worth/valued at now? on 21:12 - Feb 3 with 616 views | builthjack |
They could of course agree to increase the trusts shares in the club.
Nobody has mentioned that. Another 15% perhaps? | |
| 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 21:16 - Feb 3 with 611 views | ReslovenSwan1 |
And the reverse is true as well of course. No one seems to want to investigate that possibility. Least of all the members. If it is not 'no win no fee' then the Trusts shares will be up for grabs presumably. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 21:20 - Feb 3 with 605 views | vetchonian |
cast iron case apparently....so no need to worry.... | |
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| How much is the club worth/valued at now? on 21:20 - Feb 3 with 604 views | Chief |
Well we're 19th in the championship and the shares the trust do have are pretty irrelevant in having a say in the club. So definitely a risk worth taking. Especially in light of a QCs testimony.
And seeing as the trust will make that money back when the club follows the Burnley model which is inevitable apparently. [Post edited 3 Feb 2022 21:21]
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| How much is the club worth/valued at now? on 21:55 - Feb 3 with 548 views | Dr_Parnassus |
You called it a lose lose though, didn’t you? I am more than entitled to suggest it is a win win, I have explained to you why that is. But you are right of course, it’s not dangerous to assume in the slightest.
It is certainly a win win for the club. I have very little faith in so called “investment” anyway so I don’t think anyone is losing out on it. You can say things are false “in your view” until you are blue in the face, doesn’t change the reality of things, view it how ever way you like.
You can also suspect things until you are blue in the face, you have absolutely no idea though, you are guessing based on what you would like to paint to suit your narrative. Winning the court case will be the best thing that could happen to the Trust.
Such an inept organisation to awarded 21m or whatever it is. Even if they end up with 10m, they will have got double value for their shares at current prices, that’s one heck of a result. The club get rid of them and gain a safety net if we plummet (which we don’t look miles away from doing), the can then form a consortium and come back in with their £10m and have the protections they were looking for with regards to voting rights and dilution.
If they can pull it off it’s a fantastic decision. | |
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| How much is the club worth/valued at now? on 22:03 - Feb 3 with 535 views | Chief |
Take note Resloven.
That's how someone who although they are no fan of the trust, but see the reality of the situation in a balanced light.
Not an artificial warped viewpoint spawned from an obvious vested interest.
A marked difference. | |
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| How much is the club worth/valued at now? on 22:05 - Feb 3 with 533 views | ReslovenSwan1 |
Yes losing is better than winning and going to court to sell all their shares is not want they really want.
Welcome to the logic of the Swansea city Supporters Trust set up to support local fans and the community but actually friends of big London financiers and legal people. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 22:07 - Feb 3 with 530 views | Chief |
I see my Sarcasm was completely lost on you then..... | |
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| How much is the club worth/valued at now? on 22:08 - Feb 3 with 529 views | vetchonian |
your paymasters are really getting rattled arent they | |
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| How much is the club worth/valued at now? on 22:46 - Feb 3 with 474 views | ReslovenSwan1 |
My concern is Swansea city football club. I do not see how the Trust helps the club.
The US people and the sellers have put fresh capital into the club as a loan. £13m The Trust put in 200K in 2002 and nothing since. They have taken £400k approx in dividends. These are the facts. If the loan is converted the Trust contribution to investment will constitute only 1.42% of the total investment of fresh working capital.
The loan is due to be converted into an investment. The legal case put this investment at risk in my opinion.
The money doing useful things for the club, signings, pitch laying, painting the stadium clearing debt, subsidising the season ticket holders. This will be converted in to debt if there is a court loss and the loan will be used to pay bonuses for English third parties and do nothing in the Santander bank. (0.15% interest) instead .
This is my case. It is a reasonable prognosis for readers and members to consider. I suggest the Trust has lost its way and is drifting with no clear plan. Inflation is 5%. Not even discussed. Dilution is discussed but not devaluation.
Whether i have a vested interest is neither here no there. I do not know anyone involved on either side and have not 'Small town politics' issues or political affiliations. [Post edited 3 Feb 2022 22:54]
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| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 22:56 - Feb 3 with 469 views | Chief |
- the real fact is that the trust is the only shareholder that has ever put money into the club's funds without expecting anything in return. They are the only one who's ever truly invested in the club itself.
- Silverstein isn't involved in the case, he's got no reason not to convert. And let's get this straight - you were against legal action before any CLN.
- It can't be converted into debt because it already is debt. Why do you care what the trust spends it's own finances on then? And the nationality? Yet you have no interest in the nationality of companies taking the football club's funds. Bizarre.
- you didn't answer my question previously. You think the sale proceeds will be treated the same as how the trust currently keep their far lesser funds? Is that correct?
- you know the plan, the plans been the same all along. You aren't blind or deaf, you're just pretending to be. | |
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| How much is the club worth/valued at now? on 23:17 - Feb 3 with 452 views | ReslovenSwan1 |
When did the Trust make a donation to the club as the Trust? A lot of people made sacrifices I applaud them but it was 20 years ago. I myself put £5 into a bucket.
Silverstein is part of the US management group and knows where his affiliation lie. If the other member have to buy the Trust's share he will in my opinion buy Trust share not newly issued shares. Newly issued share might not be issued.
The current debt is to Levein and Silverstein. They do not want the money back. They want to buy new shares with it. This debt will be converted to a bank debt. The bankers will want this money back within a precise time period. The bank might well be Australian as used in the past.
The Trust have close on £1m in bank. Over 5 or 6 years they have wasted around perhaps £50,000 not tieing the money up in a 3 year bond for example. I got 1.1% in the HSBC not 0.15%. There is no reason to think they will up their game. £1m is already big money. They have not even discussed protection against inflation in their meetings.
The plan is not clear. There will be no welcome back at Swansea city until this sad mess is forgotten and the interested parties gone to their graves. That could be over 30 years. what are they going to do in that period? The experiment of fans in the boardroom has not gone well in south Wales unless there is reform. | |
| Wise sage since Toshack era |
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| How much is the club worth/valued at now? on 23:35 - Feb 3 with 439 views | Chief |
- the article was posted a while back. The trust paid the players for a while. Indeed and that's more of real terms investment sacrifice than any other shareholder.
- Silverstein would be an extremely poor businessman if he pulled out of a deal to buy shares at a championship price....to buy them at a premier league price. This is business. He's already loaned money to K&Ls asset, he owes them nothing more.
- Well that's debatable, the CLN is nearly 18months old and we're 19th in the championship. I wouldn't automatically assume it'll be converted. They are free to buy new shares whenever they wish. But they aren't. Silverstein/Levein want it back within a precise time period. 5 years. Oh no not a non Welsh company meddling in club affairs?? Where's your outcry?
- So I repeat my question - you think they'll treat the sale proceeds (which could total £21mill) the same way they have had to treat what they have currently - 800k? And what evidence do you have to suggest this?
- the outline plan is crystal clear. The specifics as you are fully aware cannot be formulated or released until the award is known.
- So the trust have been there since being instrumental in ousting Petty, through the club's most successful period.....but it hasn't gone down well in South Wales. Haha when desperate blatently deceive and lie. You're exactly like Boris Johnson.
- Reform into what? A meek lapdog entity that'll swallow every bullshyte the yanks decide to share and become sycophantic fanboys like you never criticizing them for anything is what I assume you mean. Dream on. | |
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