| Huw Jenkins on 21:20 - Aug 10 with 1340 views | vetchonian |
| Huw Jenkins on 21:15 - Aug 10 by max936 |
Brilliant post Vetch, Mel was well and truly taken advantage of without a shadow of doubt, it was disgraceful act.. |
Absolutely Max, Mel led the court action to "buy trhe debt" and then gifted his shares some went to the Trust but the other shareholders benefited and then sold those gifted shares on
Resolven whovever he is doesnt understan |  |
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| Huw Jenkins on 21:42 - Aug 10 with 1284 views | ReslovenSwan1 |
| Huw Jenkins on 21:07 - Aug 10 by vetchonian |
Lets get some perspective
The "sellouts " rescued us for which I will be forever grateful BUT without Mel Nurse HJ et al would not have been able to do it
whilst Huw steered us through those times he also paid himself a massive salary despite the "by the fans for the fans" nonsense he could easily have just taken a £50K per year salary rather than the £500K he did after all he wasnt an proven football club CEO and he had a bad history of running businesses!
All pf the sell outs did well out of the club before their maga profit coup for selling out one of Martin Morgan's companies did the development work for Landore and Fairwood but in fairness MM loaned monies to help cash flow .......Dineen alledgedly supported the stadiums vending services ......whilst the Trust had no benefit from income streams.
Resolven you keep banging on about the trust not wanting to sell .....they werent prepared to sell to the original mob but were not consulted when the next sa;e was lined up....HJ et al all made a nice bob whilst the Trusts "investment" has now been devalued
I dont know who you are but I dont belive you are a real fan otherwise you would be more concerned as fans our share in the club whicfh many of us paid towards is being stolen! |
Perspective is something you do not have. Huw ran the club for 14-15 years and only took a big salary in the Premier league where his salary was well below the average. A low salary in the early days. The rest of the Board including the Trust believed he was worth it.
His history of running businesses was irrelevant. He was Swansea's greatest ever Chairman and it is not even close. That is perspective. Many billionaire leaders have troubled business CVs used as a learning process.
The development of Landore and Fairwood are seen as successes. On budget and on time as far as I know. No one has complained of poor quality. No expensive tendering, disputes, overruns and contractors claims. In house arrangement save a lot of hassle and the board agreed it.
The Trust benefited from £400,000 in dividends around 2014 -2015 as their 20% share of profits. This is twice what they invested. The Trust never wanted to sell. In 2015 they stated they would never sell. Not one of the 1000+ member objected to this position reported in the press. in 2016 "selling is not our preference". It is the fault of the member for not acting. They could not close out a deal in 2017 in the face of resistance, took too long and the buyer walked.
Value has been lost from poor management not theft. No one accepts this. Swansea fans are living in denial over more than one issue. No 'real fan' would ever criticise the fan base you are right. I have informed them the £5-£10 is money down the drain unless they act more logically. They bought 20% of the club in 2002 another 1% later and literally done nothing positive investment wise since.
The Trust put "protection" over cash. This is self interest. They will happily dilute to 5%. They are committed to decline dilution and devaluation. I am the only person pointing this out. No wonder no one likes my posts. |  |
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| Huw Jenkins on 21:45 - Aug 10 with 1283 views | Whiterockin |
| Huw Jenkins on 21:42 - Aug 10 by ReslovenSwan1 |
Perspective is something you do not have. Huw ran the club for 14-15 years and only took a big salary in the Premier league where his salary was well below the average. A low salary in the early days. The rest of the Board including the Trust believed he was worth it.
His history of running businesses was irrelevant. He was Swansea's greatest ever Chairman and it is not even close. That is perspective. Many billionaire leaders have troubled business CVs used as a learning process.
The development of Landore and Fairwood are seen as successes. On budget and on time as far as I know. No one has complained of poor quality. No expensive tendering, disputes, overruns and contractors claims. In house arrangement save a lot of hassle and the board agreed it.
The Trust benefited from £400,000 in dividends around 2014 -2015 as their 20% share of profits. This is twice what they invested. The Trust never wanted to sell. In 2015 they stated they would never sell. Not one of the 1000+ member objected to this position reported in the press. in 2016 "selling is not our preference". It is the fault of the member for not acting. They could not close out a deal in 2017 in the face of resistance, took too long and the buyer walked.
Value has been lost from poor management not theft. No one accepts this. Swansea fans are living in denial over more than one issue. No 'real fan' would ever criticise the fan base you are right. I have informed them the £5-£10 is money down the drain unless they act more logically. They bought 20% of the club in 2002 another 1% later and literally done nothing positive investment wise since.
The Trust put "protection" over cash. This is self interest. They will happily dilute to 5%. They are committed to decline dilution and devaluation. I am the only person pointing this out. No wonder no one likes my posts. |
Yawn. |  | | |
| Huw Jenkins on 21:50 - Aug 10 with 1272 views | vetchonian |
| Huw Jenkins on 21:42 - Aug 10 by ReslovenSwan1 |
Perspective is something you do not have. Huw ran the club for 14-15 years and only took a big salary in the Premier league where his salary was well below the average. A low salary in the early days. The rest of the Board including the Trust believed he was worth it.
His history of running businesses was irrelevant. He was Swansea's greatest ever Chairman and it is not even close. That is perspective. Many billionaire leaders have troubled business CVs used as a learning process.
The development of Landore and Fairwood are seen as successes. On budget and on time as far as I know. No one has complained of poor quality. No expensive tendering, disputes, overruns and contractors claims. In house arrangement save a lot of hassle and the board agreed it.
The Trust benefited from £400,000 in dividends around 2014 -2015 as their 20% share of profits. This is twice what they invested. The Trust never wanted to sell. In 2015 they stated they would never sell. Not one of the 1000+ member objected to this position reported in the press. in 2016 "selling is not our preference". It is the fault of the member for not acting. They could not close out a deal in 2017 in the face of resistance, took too long and the buyer walked.
Value has been lost from poor management not theft. No one accepts this. Swansea fans are living in denial over more than one issue. No 'real fan' would ever criticise the fan base you are right. I have informed them the £5-£10 is money down the drain unless they act more logically. They bought 20% of the club in 2002 another 1% later and literally done nothing positive investment wise since.
The Trust put "protection" over cash. This is self interest. They will happily dilute to 5%. They are committed to decline dilution and devaluation. I am the only person pointing this out. No wonder no one likes my posts. |
The issue is you keep running down the Trust yet your heroes are not what they seem
Huw rode on the crest of a wave......
Nobody has criticised the Landore and Fairwood developments all I diod was highlight that certain individuals benefited from those
YOu keep saying that the Trust never wanted to sell how do you back this.....they were not happy with the intial sale to Moores and his group but were excluded from negotiations with Kaplan et al.
There was some naiviety from the Trust as they beleived HJ et al would a;ways want to stay in control but then things changed.....
I dont breleive you are a true fan Im sorry | |
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| Huw Jenkins on 22:35 - Aug 10 with 1237 views | max936 |
| Huw Jenkins on 21:50 - Aug 10 by vetchonian |
The issue is you keep running down the Trust yet your heroes are not what they seem
Huw rode on the crest of a wave......
Nobody has criticised the Landore and Fairwood developments all I diod was highlight that certain individuals benefited from those
YOu keep saying that the Trust never wanted to sell how do you back this.....they were not happy with the intial sale to Moores and his group but were excluded from negotiations with Kaplan et al.
There was some naiviety from the Trust as they beleived HJ et al would a;ways want to stay in control but then things changed.....
I dont breleive you are a true fan Im sorry |
I'm glad that posters are at last realising, took me a while for the penny to drop! |  |
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| Huw Jenkins on 23:11 - Aug 10 with 1221 views | swan_si |
| Huw Jenkins on 21:50 - Aug 10 by vetchonian |
The issue is you keep running down the Trust yet your heroes are not what they seem
Huw rode on the crest of a wave......
Nobody has criticised the Landore and Fairwood developments all I diod was highlight that certain individuals benefited from those
YOu keep saying that the Trust never wanted to sell how do you back this.....they were not happy with the intial sale to Moores and his group but were excluded from negotiations with Kaplan et al.
There was some naiviety from the Trust as they beleived HJ et al would a;ways want to stay in control but then things changed.....
I dont breleive you are a true fan Im sorry |
https://www.skysports.com/football/news/11731/9718120/swansea-are-set-to-sell-a-
Huw Cooze said it apparently. |  | | |
| Huw Jenkins on 07:30 - Aug 11 with 1139 views | vetchonian |
that was so at the time of the potential Moores sale not long after came the hounding out of Cooze I was always suspicious that he was hung out to dry by the sellouts.
I'm also sure that there were things said by the Trust regime that followed there might be an interest in some deal but the thing that stank was keeping the Trust who were the single majority shareholder away from Jason and Steve.....
All water under the bridge now though but we fans have lost our stake in the club with no monies in return......
The idea of the Trusts holding was to ensure we never had a repeat of those post Div 1 days with the club almost disappearing on a couple of occasions.
As I said I'm grateful to Hj and MM fir what they did to rescue us but the way some put Huw on a pedestal is crazy thee are lots of things which could be listed on which he failed alongside the good things or those he fluked. Its all about opinions though not sure he was the best chairman just was there during a good time .....some would say Struel was our best chairman getting us up there without all the breaks HJ had but again that's all about opinions | |
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| Huw Jenkins on 08:06 - Aug 11 with 1113 views | whiterock |
| Huw Jenkins on 21:42 - Aug 10 by ReslovenSwan1 |
Perspective is something you do not have. Huw ran the club for 14-15 years and only took a big salary in the Premier league where his salary was well below the average. A low salary in the early days. The rest of the Board including the Trust believed he was worth it.
His history of running businesses was irrelevant. He was Swansea's greatest ever Chairman and it is not even close. That is perspective. Many billionaire leaders have troubled business CVs used as a learning process.
The development of Landore and Fairwood are seen as successes. On budget and on time as far as I know. No one has complained of poor quality. No expensive tendering, disputes, overruns and contractors claims. In house arrangement save a lot of hassle and the board agreed it.
The Trust benefited from £400,000 in dividends around 2014 -2015 as their 20% share of profits. This is twice what they invested. The Trust never wanted to sell. In 2015 they stated they would never sell. Not one of the 1000+ member objected to this position reported in the press. in 2016 "selling is not our preference". It is the fault of the member for not acting. They could not close out a deal in 2017 in the face of resistance, took too long and the buyer walked.
Value has been lost from poor management not theft. No one accepts this. Swansea fans are living in denial over more than one issue. No 'real fan' would ever criticise the fan base you are right. I have informed them the £5-£10 is money down the drain unless they act more logically. They bought 20% of the club in 2002 another 1% later and literally done nothing positive investment wise since.
The Trust put "protection" over cash. This is self interest. They will happily dilute to 5%. They are committed to decline dilution and devaluation. I am the only person pointing this out. No wonder no one likes my posts. |
I agree with HJ being good for us and as for his failed business venture, I'm pretty sure that had it not been for his commitment to the Swans, Casey's roofing would have flourished, all by the by now.
The Trust benefited from £800k not £400k and as for getting to a court room, legally, it was always a difficult case, but morally, the other shareholders done the fans over. | | | |
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| Huw Jenkins on 14:22 - Aug 11 with 1039 views | ReslovenSwan1 |
| Huw Jenkins on 08:06 - Aug 11 by whiterock |
I agree with HJ being good for us and as for his failed business venture, I'm pretty sure that had it not been for his commitment to the Swans, Casey's roofing would have flourished, all by the by now.
The Trust benefited from £800k not £400k and as for getting to a court room, legally, it was always a difficult case, but morally, the other shareholders done the fans over. |
The fans were too dozy and feckless. They move glacial pace and in my opinion should sell up and get out of the club. They are no use to the club and never will be.
Sadly when the ball started hitting the back of the Swansea net too often hate false narratives and anger took over. Why was anyone surprised?
Huw Jenkins and Martin Morgan massive club benefactors are loathed for doing a fantastic job. Their crime was making a profit and we do not like profits in south Wales. The preacher in the Sunday school said so.
If the owners kept the Trust happy the club would be in league 2 or below. Morally sound and in league 2. [Post edited 11 Aug 2023 14:29]
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| Huw Jenkins on 17:44 - Aug 11 with 1016 views | Treforys_Jack |
| Huw Jenkins on 14:22 - Aug 11 by ReslovenSwan1 |
The fans were too dozy and feckless. They move glacial pace and in my opinion should sell up and get out of the club. They are no use to the club and never will be.
Sadly when the ball started hitting the back of the Swansea net too often hate false narratives and anger took over. Why was anyone surprised?
Huw Jenkins and Martin Morgan massive club benefactors are loathed for doing a fantastic job. Their crime was making a profit and we do not like profits in south Wales. The preacher in the Sunday school said so.
If the owners kept the Trust happy the club would be in league 2 or below. Morally sound and in league 2. [Post edited 11 Aug 2023 14:29]
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Jeez mun, not sure how many times you've got to have it explained to you, virtually no-one begrudges MM & HJ selling their shares, it was the sneaky underhanded way they did it.
Your obsession really isn't healthy for you. [Post edited 11 Aug 2023 18:13]
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| Huw Jenkins on 18:40 - Aug 11 with 996 views | QJumpingJack |
| Huw Jenkins on 21:42 - Aug 10 by ReslovenSwan1 |
Perspective is something you do not have. Huw ran the club for 14-15 years and only took a big salary in the Premier league where his salary was well below the average. A low salary in the early days. The rest of the Board including the Trust believed he was worth it.
His history of running businesses was irrelevant. He was Swansea's greatest ever Chairman and it is not even close. That is perspective. Many billionaire leaders have troubled business CVs used as a learning process.
The development of Landore and Fairwood are seen as successes. On budget and on time as far as I know. No one has complained of poor quality. No expensive tendering, disputes, overruns and contractors claims. In house arrangement save a lot of hassle and the board agreed it.
The Trust benefited from £400,000 in dividends around 2014 -2015 as their 20% share of profits. This is twice what they invested. The Trust never wanted to sell. In 2015 they stated they would never sell. Not one of the 1000+ member objected to this position reported in the press. in 2016 "selling is not our preference". It is the fault of the member for not acting. They could not close out a deal in 2017 in the face of resistance, took too long and the buyer walked.
Value has been lost from poor management not theft. No one accepts this. Swansea fans are living in denial over more than one issue. No 'real fan' would ever criticise the fan base you are right. I have informed them the £5-£10 is money down the drain unless they act more logically. They bought 20% of the club in 2002 another 1% later and literally done nothing positive investment wise since.
The Trust put "protection" over cash. This is self interest. They will happily dilute to 5%. They are committed to decline dilution and devaluation. I am the only person pointing this out. No wonder no one likes my posts. |
were you ever a Trust member? Were you at the Patti Pavilion during the Petty period? | | | |
| Huw Jenkins on 19:53 - Aug 11 with 949 views | ReslovenSwan1 |
| Huw Jenkins on 17:44 - Aug 11 by Treforys_Jack |
Jeez mun, not sure how many times you've got to have it explained to you, virtually no-one begrudges MM & HJ selling their shares, it was the sneaky underhanded way they did it.
Your obsession really isn't healthy for you. [Post edited 11 Aug 2023 18:13]
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Everyone begrudges MM and HJ selling their shares. They are almost universally referred to as "sell outs".
There was nothing underhand about the sale. The Trust said they did not want to sell and did not sell, They were not democratic and never asked the members in 2015 as far as I know. They did not need to as the Board member explained their position and no one objected. (not one of the 1000 plus members). They sat in front of buyer twice and could not cut a deal.
I go on about it because the Trust is democratic but the members did not give strategy and single thought. They are freewheeling and will pay the price.
You explain to me a fake narrative. If the narrative was true the court case would have finished 3 years ago and Swansea would be in league 1 or 2 London lawyers would have £11m and the Trust £11 with no idea what to do with it. They would be banned form the stadium. | |
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| Huw Jenkins on 20:27 - Aug 11 with 936 views | jack247 |
| Huw Jenkins on 19:53 - Aug 11 by ReslovenSwan1 |
Everyone begrudges MM and HJ selling their shares. They are almost universally referred to as "sell outs".
There was nothing underhand about the sale. The Trust said they did not want to sell and did not sell, They were not democratic and never asked the members in 2015 as far as I know. They did not need to as the Board member explained their position and no one objected. (not one of the 1000 plus members). They sat in front of buyer twice and could not cut a deal.
I go on about it because the Trust is democratic but the members did not give strategy and single thought. They are freewheeling and will pay the price.
You explain to me a fake narrative. If the narrative was true the court case would have finished 3 years ago and Swansea would be in league 1 or 2 London lawyers would have £11m and the Trust £11 with no idea what to do with it. They would be banned form the stadium. |
You don’t have to take sides in this. I think it’s pretty reasonable to say
HJ and co did a phenomenal job taking us from Petty to the Premier League
They got their fingers burned with the first attempted sale and went behind the trusts back with the second.
The trust aren’t investors, their purpose is to ensure the people of Swansea always have a football team to support. I was at the Patti. Anyone there that night would have snapped your hand off for the bank balance they’ve got now.
They aren’t investors, they are a locally funded supporters group. To expect them to go quid for quid based on shareholding with multi millionaires who have put money into us to make a profit is either deliberately disingenuous or downright stupid.
Having said that, it’s a massive, massive wasted opportunity compared to how much they could be worth if they’d taken advantage of our rise up the leagues.
Try to be holistic not myopic and maybe don’t post for the sake of hearing your own voice when you’ve got nothing new to say. People may respect your opinions more. | | | |
| Huw Jenkins on 20:51 - Aug 11 with 907 views | SullutaCreturned |
| Huw Jenkins on 20:27 - Aug 11 by jack247 |
You don’t have to take sides in this. I think it’s pretty reasonable to say
HJ and co did a phenomenal job taking us from Petty to the Premier League
They got their fingers burned with the first attempted sale and went behind the trusts back with the second.
The trust aren’t investors, their purpose is to ensure the people of Swansea always have a football team to support. I was at the Patti. Anyone there that night would have snapped your hand off for the bank balance they’ve got now.
They aren’t investors, they are a locally funded supporters group. To expect them to go quid for quid based on shareholding with multi millionaires who have put money into us to make a profit is either deliberately disingenuous or downright stupid.
Having said that, it’s a massive, massive wasted opportunity compared to how much they could be worth if they’d taken advantage of our rise up the leagues.
Try to be holistic not myopic and maybe don’t post for the sake of hearing your own voice when you’ve got nothing new to say. People may respect your opinions more. |
Great post, I 100% agree. I waa at the Patti that night. I am (as are plenty of others apparently) fed up of Res constantly posting this stuff on threads that are nothing to do with it, like the rugby thread.
The way Res denigrates Swansea people and cracks on about this, he seems obsessed. It cannot be healthy. | | | |
| Huw Jenkins on 20:55 - Aug 11 with 905 views | jack247 |
| Huw Jenkins on 20:51 - Aug 11 by SullutaCreturned |
Great post, I 100% agree. I waa at the Patti that night. I am (as are plenty of others apparently) fed up of Res constantly posting this stuff on threads that are nothing to do with it, like the rugby thread.
The way Res denigrates Swansea people and cracks on about this, he seems obsessed. It cannot be healthy. |
He denigrates Swansea people because he knows people are less likely to ignore his posts. | | | |
| Huw Jenkins on 21:02 - Aug 11 with 890 views | Whiterockin |
| Huw Jenkins on 20:55 - Aug 11 by jack247 |
He denigrates Swansea people because he knows people are less likely to ignore his posts. |
It's not working though, we all know who the "idiots" are and it's not the normal fan. | | | |
| Huw Jenkins on 21:08 - Aug 11 with 871 views | SullutaCreturned |
| Huw Jenkins on 21:02 - Aug 11 by Whiterockin |
It's not working though, we all know who the "idiots" are and it's not the normal fan. |
He constantly pushes his iwn narrative and calls others dumb for not believing it.
Persistently dragging a thread off topic is tedious, resloven is tedious, he can't even spell RESOLVEN which is where I assume he is from.
And yes  | | | |
| Huw Jenkins on 21:20 - Aug 11 with 842 views | max936 |
| Huw Jenkins on 20:27 - Aug 11 by jack247 |
You don’t have to take sides in this. I think it’s pretty reasonable to say
HJ and co did a phenomenal job taking us from Petty to the Premier League
They got their fingers burned with the first attempted sale and went behind the trusts back with the second.
The trust aren’t investors, their purpose is to ensure the people of Swansea always have a football team to support. I was at the Patti. Anyone there that night would have snapped your hand off for the bank balance they’ve got now.
They aren’t investors, they are a locally funded supporters group. To expect them to go quid for quid based on shareholding with multi millionaires who have put money into us to make a profit is either deliberately disingenuous or downright stupid.
Having said that, it’s a massive, massive wasted opportunity compared to how much they could be worth if they’d taken advantage of our rise up the leagues.
Try to be holistic not myopic and maybe don’t post for the sake of hearing your own voice when you’ve got nothing new to say. People may respect your opinions more. |
They took a load of credit from the enormous amount of work that others did in getting rid of Petty, but never got any credit proven by their propaganda film from them about how they saved Swansea City, when the significant players in the Petty fight never got a mention, because it didn't suit their narrative.
The true reason for producing that film become apparent, a year or so later, people with agendas like you know who won't recognise that though, no chance! | |
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| Huw Jenkins on 21:46 - Aug 11 with 808 views | jack247 |
| Huw Jenkins on 21:20 - Aug 11 by max936 |
They took a load of credit from the enormous amount of work that others did in getting rid of Petty, but never got any credit proven by their propaganda film from them about how they saved Swansea City, when the significant players in the Petty fight never got a mention, because it didn't suit their narrative.
The true reason for producing that film become apparent, a year or so later, people with agendas like you know who won't recognise that though, no chance! |
That’s beyond dispute.
What’s also beyond dispute is the success they had after that. It would be churlish to deny that because we don’t like the way they sold their shares. | | | |
| Huw Jenkins on 22:14 - Aug 11 with 783 views | ReslovenSwan1 |
| Huw Jenkins on 20:27 - Aug 11 by jack247 |
You don’t have to take sides in this. I think it’s pretty reasonable to say
HJ and co did a phenomenal job taking us from Petty to the Premier League
They got their fingers burned with the first attempted sale and went behind the trusts back with the second.
The trust aren’t investors, their purpose is to ensure the people of Swansea always have a football team to support. I was at the Patti. Anyone there that night would have snapped your hand off for the bank balance they’ve got now.
They aren’t investors, they are a locally funded supporters group. To expect them to go quid for quid based on shareholding with multi millionaires who have put money into us to make a profit is either deliberately disingenuous or downright stupid.
Having said that, it’s a massive, massive wasted opportunity compared to how much they could be worth if they’d taken advantage of our rise up the leagues.
Try to be holistic not myopic and maybe don’t post for the sake of hearing your own voice when you’ve got nothing new to say. People may respect your opinions more. |
At last some reasoned debate. My argument is that the SCST have come up well short.
Bayern Munich are fan owned. Bayern Munchen EV are the fans group and they own 75% of Bayern Munchen AG (the club) and run as a legitimate financial concern.
it gets its money from memberships a whopping 300,000 members, dividends from the club and income from leases on facilities they developed for the club using a Eu 40m loan. They got Eu 2.65m from leases last year. They are commercially active. Taking loans building assets taking lease payments working hand in hand with the overall club. Dynamic.
Obviously a different league to Swansea but why not a mini BM Ev for SCST? a 1% scale model ?
I believe SCST could also be commercially active but are actually dormant. Legal people would need to outline what they can and cannot do.
I would not comment on them, had they not decided to sue the other club owners although they could not afford it. 6 years wasted £400k down the drain.
https://fcbayern.com/en/news/2019/11/fc-bayern-muenchen-ev-financially-healthy
EV is the fans group AG is the club as a whole.
EV -Eingetragener Verein or registered association [Post edited 11 Aug 2023 22:22]
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| Huw Jenkins on 22:16 - Aug 11 with 781 views | jack247 |
Another point that rarely gets made is that when the trust was formed, the club was on its knees. I doubt a single fan would have expected us to get past league one.
If we’d bounced around the lower divisions like we had for the previous 20 years, a collective of local fans may well have sufficed, like it does elsewhere.
When the club grows exponentially and you suddenly own a large chunk of a multi million pound business, you’re right in the shark tank. | | | |
| Huw Jenkins on 23:00 - Aug 11 with 744 views | max936 |
| Huw Jenkins on 22:16 - Aug 11 by jack247 |
Another point that rarely gets made is that when the trust was formed, the club was on its knees. I doubt a single fan would have expected us to get past league one.
If we’d bounced around the lower divisions like we had for the previous 20 years, a collective of local fans may well have sufficed, like it does elsewhere.
When the club grows exponentially and you suddenly own a large chunk of a multi million pound business, you’re right in the shark tank. |
and slowly but surely become one! | |
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| Huw Jenkins on 23:12 - Aug 11 with 738 views | max936 |
| Huw Jenkins on 21:46 - Aug 11 by jack247 |
That’s beyond dispute.
What’s also beyond dispute is the success they had after that. It would be churlish to deny that because we don’t like the way they sold their shares. |
I don't deny the success, we all loved it and they were well thought of, but they end was shamefull.
Anyway all this has been done to death. I won't forgive any of them, others might, but I never will. | |
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| Huw Jenkins on 23:24 - Aug 11 with 732 views | ReslovenSwan1 |
| Huw Jenkins on 22:16 - Aug 11 by jack247 |
Another point that rarely gets made is that when the trust was formed, the club was on its knees. I doubt a single fan would have expected us to get past league one.
If we’d bounced around the lower divisions like we had for the previous 20 years, a collective of local fans may well have sufficed, like it does elsewhere.
When the club grows exponentially and you suddenly own a large chunk of a multi million pound business, you’re right in the shark tank. |
That is when they should have employed a lawyer and sold their shares. 'Shark tank' is the language of fear and distrust.
They would then have sat down with their US partners and figured out a role for them in the running of the club.
For example
- Buying the Fairwood training ground and leasing it back to the club. (income)
- Buying the Morfa academy grounds and leasing it back. (Income)
- Buying part ownership of the stadium with the US partners off the council (income)
- Giving the club low cost loans. (income)
- Sponsoring the stadium (advertising)
- Sponsoring the kit (advertising)
- Buying homes for players on loan to stay in (and receiving rent) (income)
It is called imagination. | |
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| Huw Jenkins on 23:49 - Aug 11 with 727 views | Boundy |
| Huw Jenkins on 18:40 - Aug 11 by QJumpingJack |
were you ever a Trust member? Were you at the Patti Pavilion during the Petty period? |
no he wasn't and his application to join the board was rejected | |
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