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=============== Jackarmy boys can paste this if it stimulates you.
1. Where is the Evidence that this sell out will take place
2. If it does, why would it kill our club
3. If the current board of directors make a lot of money by a sale, quite wtf should we be arsed ;frankly why people who were pre -eminent in saving our club and putting our club into this whole new ball game are being vilified by questionable posters is deeply shaming. It makes us look like filth.
4.Why would any American incomers want to run down/asset stripour club when ,if we move up, they d make more.
5. If their involvement frees us from a rabid and feckless band of doombrains at Swansea Council, then surely its joy deep joy. Never forget it was a Swansea council that bought the vetch on the cheap and did nowt for us at all. We went bust as a result. Now its karma time and our club-now a big deal- is calling the shots.
6. Not all American /foreign investment is necessarily bad.
7. I remember Swansea Town/City as being a basket case- a source of amusement for those denizens of a decrepit mind set. Now, look at us and this is just the beginning, but some are blinded by simply envy- ie Swansea people becoming rich, anathema to some, well not to all. THE BIGGEST CAUSE OF THIS VILIFICATION is simply the fact that directors ,those who took the risk to save us, will end up rich men. If they do, I really hope they enjoy it as we have everything to thank them for .
Well groo s research should clear matters somewhat so we can relax a little and even maybe get rather excited at what might turn out to be triffic stuff.
People, as Bermuda suggests, are really looking at something sinister when in fact it is not.
Time for some straight talking. on 23:12 - Jan 29 by perchrockjack
Well groo s research should clear matters somewhat so we can relax a little and even maybe get rather excited at what might turn out to be triffic stuff.
People, as Bermuda suggests, are really looking at something sinister when in fact it is not.
Won't change a thing as well see tomorrow....
Won't we.
Pleasant night to all
Then you clearly haven't understood what he said Perch. Do you ever read?
Time for some straight talking. on 23:12 - Jan 29 by perchrockjack
Well groo s research should clear matters somewhat so we can relax a little and even maybe get rather excited at what might turn out to be triffic stuff.
People, as Bermuda suggests, are really looking at something sinister when in fact it is not.
Won't change a thing as well see tomorrow....
Won't we.
Pleasant night to all
0
Time for some straight talking. on 23:50 - Jan 29 with 1740 views
Time for some straight talking. on 16:06 - Jan 29 by GeoffThom
So when are some of the bright sparks on here who expect the guys running the club to carry on going to invest some of their hard earned cash to buy them out at a cheaper rate and keep the club in the prem and move them forward with their much needed cash injection because I don't see anyone else wanting the club and the guys running it are starting to tire of it plus probably want their money back with interest talk is cheap eh !
As far as I understand they have already had their money back with interest.
Talk is indeed cheap - so is selling the club to American profiteers in order to make massive personal windfall profits and pretend it is investment. Despite the club not getting a penny of it.
If I understand correctly the Board blocked the Trust from increasing it's share holding when Mel cashed in his shares (at a reasonable rate). Why except out of personal interest would the other shareholders want to suppress the Trust.
The more powerful the Trust the less attractive the shares are to money men who crave control. Which massively reduces the opportunity for massive windfall personal profits at the expense of the Club.
-1
Time for some straight talking. on 00:05 - Jan 30 with 1696 views
Time for some straight talking. on 23:12 - Jan 29 by perchrockjack
Well groo s research should clear matters somewhat so we can relax a little and even maybe get rather excited at what might turn out to be triffic stuff.
People, as Bermuda suggests, are really looking at something sinister when in fact it is not.
Won't change a thing as well see tomorrow....
Won't we.
Pleasant night to all
Perch... I remember you saying that you live within your means, don't go into debt etc. That's the Swansea City blueprint. Until we sell. We'll be just like any other club then. Might as well just play fantasy football. We are different. Let's stay that way.
It's just the internet, init.
2
Time for some straight talking. on 08:00 - Jan 30 with 1602 views
Time for some straight talking. on 05:17 - Jan 30 by Starsky
Perch... I remember you saying that you live within your means, don't go into debt etc. That's the Swansea City blueprint. Until we sell. We'll be just like any other club then. Might as well just play fantasy football. We are different. Let's stay that way.
Succinctly put Starsky.
It is far better to grasp the universe as it really is than to persist in delusion, however satisfying and reassuring. - Carl Sagan
0
Time for some straight talking. on 08:04 - Jan 30 with 1600 views
Time for some straight talking. on 05:17 - Jan 30 by Starsky
Perch... I remember you saying that you live within your means, don't go into debt etc. That's the Swansea City blueprint. Until we sell. We'll be just like any other club then. Might as well just play fantasy football. We are different. Let's stay that way.
Indeed.
The day we stop questioning those in charge of the club (and there's a worryingly large number of people who apparently can't wait to do just that) is the day we start to waste everything we've achieved over the last ten years.
Nobody is unanswerable to the fans. Jenkins, Dineen, Katzen, Moores. Nobody.
Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back.
4
Time for some straight talking. on 08:42 - Jan 30 with 1573 views
Time for some straight talking. on 08:04 - Jan 30 by Dr_Winston
Indeed.
The day we stop questioning those in charge of the club (and there's a worryingly large number of people who apparently can't wait to do just that) is the day we start to waste everything we've achieved over the last ten years.
Nobody is unanswerable to the fans. Jenkins, Dineen, Katzen, Moores. Nobody.
Again we have this mysterious WE. Lest face it. WE achieved what WE did because of those men you mentioned. I wonder did you raise your concerns about them when they took over?
0
Time for some straight talking. on 09:22 - Jan 30 with 1551 views
Lest face it a bunch of businessmen took over our club who were clueless as to how a club was run. The future of the club was at stake. I didnt notice pages and pages of threads questioning the business acumen of those involved. There was plenty at stake, just not plenty of money. Funny that.
[Post edited 30 Jan 2015 9:42]
0
Time for some straight talking. on 09:49 - Jan 30 with 1535 views
Time for some straight talking. on 09:41 - Jan 30 by Dizzy
Lest face it a bunch of businessmen took over our club who were clueless as to how a club was run. The future of the club was at stake. I didnt notice pages and pages of threads questioning the business acumen of those involved. There was plenty at stake, just not plenty of money. Funny that.
[Post edited 30 Jan 2015 9:42]
Someone woke up on the wrong side of the bed this morning.
Its Friday...
0
Time for some straight talking. on 09:49 - Jan 30 with 1534 views
With respect the comments attributed to me have been taken out of context.. You ll find the last comments regarding debt were relating to people who go into debt for trivial non essentials.
Sadly, this issue is one which yet again splits us as fans and the bitterness is pretty Welsh really, when you me to think of it.
We mightbe at a crossroads and no longer seemingly able to cruise along without there being "money" behind us.
If people cannot stomach us as a megalith then a championship place seems an option rather than us pushing on. The Board might be thinking this way and as to how to move us on to the next level. NO EVIDENCE THEY ARE DOING IT-AS THE TRUST IS-FOR THEMSELVES.
This debacle was created by one single poster by a single post and has led to much division when there s really no need.
I trust the Board and Trust more than any anonymous poster expert
Time for some straight talking. on 10:44 - Jan 30 by perchrockjack
With respect the comments attributed to me have been taken out of context.. You ll find the last comments regarding debt were relating to people who go into debt for trivial non essentials.
Sadly, this issue is one which yet again splits us as fans and the bitterness is pretty Welsh really, when you me to think of it.
We mightbe at a crossroads and no longer seemingly able to cruise along without there being "money" behind us.
If people cannot stomach us as a megalith then a championship place seems an option rather than us pushing on. The Board might be thinking this way and as to how to move us on to the next level. NO EVIDENCE THEY ARE DOING IT-AS THE TRUST IS-FOR THEMSELVES.
This debacle was created by one single poster by a single post and has led to much division when there s really no need.
I trust the Board and Trust more than any anonymous poster expert
The thing is with FFP coming into play now, having "money" (loans) behind us is pretty pointless.
You trust the board and the Trust?
I don't see how that works. It would seem that they want completely different things?
We have made a profit of £1.7 and had some heavy outlays, we are fine as we are and should continue to grow as we have been.
1
Time for some straight talking. on 11:22 - Jan 30 with 1482 views
Time for some straight talking. on 09:41 - Jan 30 by Dizzy
Lest face it a bunch of businessmen took over our club who were clueless as to how a club was run. The future of the club was at stake. I didnt notice pages and pages of threads questioning the business acumen of those involved. There was plenty at stake, just not plenty of money. Funny that.
[Post edited 30 Jan 2015 9:42]
Except you seem to have (conveniently for your own argument) missed out on a few of the other variables.
The supporters were not major shareholders in the business at that time, but became that as a result of that takeover - so I imagine that was a very positive thing and currently gives the supporters an even stronger role in protecting the interests of the club of which they are a major shareholder.
The other shareholders were supporters of the club in an action that was presented as a selfless gesture to save the club which at that time was in absolutely dire straights.
A very very different situation to that currently, so to compare is pretty weak.
Even more recently at Valencia I remember these men rightfully being applauded like heroes from the fans in the gods for what they achieved for our club. They stood there for ages taking in all the plaudits for what they had done in the interests of SCFC.
Unfortunately now at least some of these already financially well rewarded shareholders want to cash in on the further millions that they may take out at the expense of our Club.
Interests have diverged. The Trust is protected from direct personal gain as an objective so can only act in the interests of the club. The other shareholders are far from impartial with those multi millions potentially available if they are willing to push the club into the hands of overseas money men whose objective is profit and who could throw out the Trust.
Does that negate what they did in the past. Well kind of. Does such self interest make them bad people. Not really but not ones who should be producing Disney type movies to raise themselves to deification when in truth they may also be willing to sell the club downriver for massive financial gain. Their choice certainly but that puts them at odds with the aims of the Trust.
That being the case the Trust protects the Club. If the shares are not worth that amount of money with the Trust standing strong and fighting tooth and nail to prevent any action that will weaken its influence and prevent money men riding unfettered over our club then tough. They need to know it is like buying a house with a sitting tenant with lifetime and descendants rights. Which from what I have seen reduces the value by about 80%. Which is why such houses are often sold to the sitting tenants for peanuts.
See any similarity here.
1
Time for some straight talking. on 11:30 - Jan 30 with 1468 views
Time for some straight talking. on 09:41 - Jan 30 by Dizzy
Lest face it a bunch of businessmen took over our club who were clueless as to how a club was run. The future of the club was at stake. I didnt notice pages and pages of threads questioning the business acumen of those involved. There was plenty at stake, just not plenty of money. Funny that.
[Post edited 30 Jan 2015 9:42]
Nothing funny about it at all.
The board have done brilliantly since they took over. The board's mission statement has been "living within our means" We buy promising players and we sell them at a profit if it's suits us. Nobody on here has disagreed with this, it's what's made us as a club for the last 12 years.
Now... All of a sudden, we need "investment"
Now... All of a sudden, shareholders want out.
That's what's changed.
Scrap the expansion until we can afford it then.
Surely the annual dividend payouts are more than enough financial compensation for the fantastic efforts of the shareholders/board. I'm happy for them to have it.
To sell their shares to outside 'investors' immediately erases the Swansea City ethos, that they spent 12 years developing.
[Post edited 30 Jan 2015 11:33]
It's just the internet, init.
3
Time for some straight talking. on 11:32 - Jan 30 with 1466 views
Time for some straight talking. on 11:22 - Jan 30 by sixpenses
Except you seem to have (conveniently for your own argument) missed out on a few of the other variables.
The supporters were not major shareholders in the business at that time, but became that as a result of that takeover - so I imagine that was a very positive thing and currently gives the supporters an even stronger role in protecting the interests of the club of which they are a major shareholder.
The other shareholders were supporters of the club in an action that was presented as a selfless gesture to save the club which at that time was in absolutely dire straights.
A very very different situation to that currently, so to compare is pretty weak.
Even more recently at Valencia I remember these men rightfully being applauded like heroes from the fans in the gods for what they achieved for our club. They stood there for ages taking in all the plaudits for what they had done in the interests of SCFC.
Unfortunately now at least some of these already financially well rewarded shareholders want to cash in on the further millions that they may take out at the expense of our Club.
Interests have diverged. The Trust is protected from direct personal gain as an objective so can only act in the interests of the club. The other shareholders are far from impartial with those multi millions potentially available if they are willing to push the club into the hands of overseas money men whose objective is profit and who could throw out the Trust.
Does that negate what they did in the past. Well kind of. Does such self interest make them bad people. Not really but not ones who should be producing Disney type movies to raise themselves to deification when in truth they may also be willing to sell the club downriver for massive financial gain. Their choice certainly but that puts them at odds with the aims of the Trust.
That being the case the Trust protects the Club. If the shares are not worth that amount of money with the Trust standing strong and fighting tooth and nail to prevent any action that will weaken its influence and prevent money men riding unfettered over our club then tough. They need to know it is like buying a house with a sitting tenant with lifetime and descendants rights. Which from what I have seen reduces the value by about 80%. Which is why such houses are often sold to the sitting tenants for peanuts.
See any similarity here.
So we cant trust the people who saved the club? Ok. Maybe they should sell it.
1
Time for some straight talking. on 11:33 - Jan 30 with 1464 views
Time for some straight talking. on 11:30 - Jan 30 by Starsky
Nothing funny about it at all.
The board have done brilliantly since they took over. The board's mission statement has been "living within our means" We buy promising players and we sell them at a profit if it's suits us. Nobody on here has disagreed with this, it's what's made us as a club for the last 12 years.
Now... All of a sudden, we need "investment"
Now... All of a sudden, shareholders want out.
That's what's changed.
Scrap the expansion until we can afford it then.
Surely the annual dividend payouts are more than enough financial compensation for the fantastic efforts of the shareholders/board. I'm happy for them to have it.
To sell their shares to outside 'investors' immediately erases the Swansea City ethos, that they spent 12 years developing.
[Post edited 30 Jan 2015 11:33]
So we dont trust the board to find investment but we trust it to keep helming the ship. Errr.