| Interview with the Owners 19:05 - Sep 3 with 46074 views | Headmaster |
https://www.bbc.co.uk/sport/football/45396360
"Swansea City's owners have warned it could take years for the club to return to the Premier League as they confront the "harsh reality" of relegation." [Post edited 3 Sep 2018 19:08]
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| Interview with the Owners on 22:15 - Sep 3 with 2755 views | canary_jack |
| Interview with the Owners on 21:38 - Sep 3 by Shaky |
It is possible to do it, but in violation of Company Law, and i doubt very much this has been happening.
Rather the distressed financial situation is entirely consistent with the analysis i have been putting out since the '17 accounts came out
Here's the thread where i discussed all that if you want to take a look:
https://wwww.fansnetwork.co.uk/football/swanseacity/forum/219920/3096249/audited |
Would a debt factoring style relationship not be possible? Advancing cash payments to deal with cash flow issues and then taking a large chunk of that initially owned. So effectively the club receives say £30m in transfer fees to cover large monthly salary costs in the short term, whilst the debt factor receives the fully owed amount, say £40m, several months later. Wouldn’t need to disclose in the accounts if not present at year end and is considered off balance sheet financing. Would tie in with both what’s been said and what most fans believe... |  | | |
| Interview with the Owners on 22:15 - Sep 3 with 2755 views | jasper_T |
| Interview with the Owners on 22:11 - Sep 3 by Phil_S |
Thanks for the question - update will be provided at the forum on Wednesday which will also be available on our website for those that are unable or unwilling to attend.
Unfortunately much of our update is not hidden behind confidentiality agreements but ensuring that we do not damage any legal case that we may have which means everything needs checking and double checking which is what we have been doing this evening since the monthly board meeting ended
I appreciate the frustration at the moment, one I suspect that many of the board share at the moment but we will be saying what we are able to and updating on Wednesday. |
Levien saying he wants to sit down without lawyers was a bit cheeky, considering. | | | |
| Interview with the Owners on 22:16 - Sep 3 with 2740 views | icecoldjack |
| Interview with the Owners on 22:11 - Sep 3 by _ |
You give nothing to the Club. |
Ok sweet heart, i find that quite heartening actually because everyone knows you're always wrong on here which of course thankfully means that everyone knows the truth, not that i actually give a fook what you think, hardly a banner of truth and knowledge are you dear ? |  | | |
| Interview with the Owners on 22:18 - Sep 3 with 2732 views | JACKMANANDBOY |
| Interview with the Owners on 22:11 - Sep 3 by Phil_S |
Thanks for the question - update will be provided at the forum on Wednesday which will also be available on our website for those that are unable or unwilling to attend.
Unfortunately much of our update is not hidden behind confidentiality agreements but ensuring that we do not damage any legal case that we may have which means everything needs checking and double checking which is what we have been doing this evening since the monthly board meeting ended
I appreciate the frustration at the moment, one I suspect that many of the board share at the moment but we will be saying what we are able to and updating on Wednesday. |
Thanks for the update, I'm sure you have to take advice on anything that is potentially admissable. |  |
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| Interview with the Owners on 22:18 - Sep 3 with 2724 views | icecoldjack |
| Interview with the Owners on 22:15 - Sep 3 by canary_jack |
Would a debt factoring style relationship not be possible? Advancing cash payments to deal with cash flow issues and then taking a large chunk of that initially owned. So effectively the club receives say £30m in transfer fees to cover large monthly salary costs in the short term, whilst the debt factor receives the fully owed amount, say £40m, several months later. Wouldn’t need to disclose in the accounts if not present at year end and is considered off balance sheet financing. Would tie in with both what’s been said and what most fans believe... |
Yes but according to the Res my question was a stupid one! seems not so stupid after all then, thanks. | | | |
| Interview with the Owners on 22:21 - Sep 3 with 2705 views | JACKMANANDBOY |
| Interview with the Owners on 22:11 - Sep 3 by Phil_S |
Thanks for the question - update will be provided at the forum on Wednesday which will also be available on our website for those that are unable or unwilling to attend.
Unfortunately much of our update is not hidden behind confidentiality agreements but ensuring that we do not damage any legal case that we may have which means everything needs checking and double checking which is what we have been doing this evening since the monthly board meeting ended
I appreciate the frustration at the moment, one I suspect that many of the board share at the moment but we will be saying what we are able to and updating on Wednesday. |
Thanks, I know that anything potentially admissable has to be checked, I'm glad I don't have to deal with this sort of legal minefield any more.
Double post, losing the plot! [Post edited 3 Sep 2018 22:32]
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| Interview with the Owners on 22:21 - Sep 3 with 2699 views | _ |
| Interview with the Owners on 22:16 - Sep 3 by icecoldjack |
Ok sweet heart, i find that quite heartening actually because everyone knows you're always wrong on here which of course thankfully means that everyone knows the truth, not that i actually give a fook what you think, hardly a banner of truth and knowledge are you dear ? |
Yep, zero worth. |  |
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| Interview with the Owners on 22:22 - Sep 3 with 2687 views | _ |
| Interview with the Owners on 22:18 - Sep 3 by icecoldjack |
Yes but according to the Res my question was a stupid one! seems not so stupid after all then, thanks. |
You asked a completely different question | |
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| Interview with the Owners on 22:26 - Sep 3 with 2633 views | Phil_S |
| Interview with the Owners on 22:15 - Sep 3 by thornabyswan |
Thanks for the reply. |
No probs |  | | |
| Interview with the Owners on 22:26 - Sep 3 with 2629 views | JACKMANANDBOY |
| Interview with the Owners on 22:15 - Sep 3 by jasper_T |
Levien saying he wants to sit down without lawyers was a bit cheeky, considering. |
Suggest he puts any proposal in writing. | |
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| Interview with the Owners on 22:29 - Sep 3 with 2614 views | icecoldjack |
| Interview with the Owners on 22:21 - Sep 3 by _ |
Yep, zero worth. |
Just like your comments on here, and your commitment to your local team Aberdare FC .
A valley commando who wants to be a Jack, spends thousands to try and prove his worth, thinks that's what makes you a Jack , end result ? zero worth !
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| Interview with the Owners on 22:37 - Sep 3 with 2564 views | deanscfc |
Most of that is BS. They don't even admit that their main mistakes were in selling our best players..something which just about everyone could see would get us relegated. | | | |
| Interview with the Owners on 22:38 - Sep 3 with 2551 views | jasper_T |
| Interview with the Owners on 22:37 - Sep 3 by deanscfc |
Most of that is BS. They don't even admit that their main mistakes were in selling our best players..something which just about everyone could see would get us relegated. |
Our best players that were determined to leave, yeah. | | | |
| Interview with the Owners on 22:39 - Sep 3 with 2535 views | Darran |
Anyway who took the photo of the interview? |  |
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| Interview with the Owners on 22:43 - Sep 3 with 2509 views | PawelAbbott |
| Interview with the Owners on 19:31 - Sep 3 by TenbySwan |
I have read this through and my thoughts are that I just don't trust them.
What they say and what they do are two different things.
Q. Have you put money into the club
A . Yes, and reading between the lines, we have had it all back.
We are still paying for transfers we made in the past. - so where has all the money gone?
We have players on loan here, there and everywhere.
Perhaps they will issue a FULL set of independently audited accounts out to prove what the situation is.
The sellouts have put us in this position
Support the boys , - FECK the board! |
"We are still paying for the transfers we made in the past"
yes and we should still be receiving from the sales we made in the past.
We made a net profit, where has that money gone?
We sold the repayments to the bank to fund transfers and smooth the cash flow but overall there should have been a profit | | | |
| Interview with the Owners on 22:46 - Sep 3 with 2490 views | _ |
| Interview with the Owners on 22:29 - Sep 3 by icecoldjack |
Just like your comments on here, and your commitment to your local team Aberdare FC .
A valley commando who wants to be a Jack, spends thousands to try and prove his worth, thinks that's what makes you a Jack , end result ? zero worth !
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Silly boy, you've just insulted half the message board.
Ant, I will repeat, you give nothing to the Swans. | |
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| Interview with the Owners on 22:47 - Sep 3 with 2477 views | _ |
| Interview with the Owners on 22:37 - Sep 3 by deanscfc |
Most of that is BS. They don't even admit that their main mistakes were in selling our best players..something which just about everyone could see would get us relegated. |
I think it's probably just you that thinks that I'm afraid. They weren't going to play for us again, and that wasn't the Club's decision. | |
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| Interview with the Owners on 22:49 - Sep 3 with 2463 views | deanscfc |
| Interview with the Owners on 22:38 - Sep 3 by jasper_T |
Our best players that were determined to leave, yeah. |
They signed a contract. Makes no effin difference. At the very least you replace them. Selling both siggy and llorente at the same time was basically like signing a piece of paper to say 'i accept relegation'. Total stupidity given they had together scored most of the goals. Same with previous signings we sold without replacing. | | | |
| Interview with the Owners on 22:56 - Sep 3 with 2405 views | deanscfc |
| Interview with the Owners on 22:47 - Sep 3 by _ |
I think it's probably just you that thinks that I'm afraid. They weren't going to play for us again, and that wasn't the Club's decision. |
That's now how a contract works. | | | |
| Interview with the Owners on 22:59 - Sep 3 with 2388 views | _ |
| Interview with the Owners on 22:56 - Sep 3 by deanscfc |
That's now how a contract works. |
A contract means nothing, you should know that. | |
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| Interview with the Owners on 23:01 - Sep 3 with 2383 views | icecoldjack |
| Interview with the Owners on 22:46 - Sep 3 by _ |
Silly boy, you've just insulted half the message board.
Ant, I will repeat, you give nothing to the Swans. |
Ahh dear boy, you failed to read my first reply, where i made it clear all are welcome, more the merrier etc, it's just you that is insecure about your Jack Status not anyone else.
But i guess it's ok for you to insult the other half of the board born and bred Swansea Jacks,some who work rotation jobs abroad eh ?
Silly boy chris, you'll never be what i am(a swansea jack) and it must hurt to bring it down to a level where you need to count money to justify your worth.
You are loved by all us Jacks on here though, Aberdare needs you too though Crissy boy !!
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| Interview with the Owners on 23:14 - Sep 3 with 2333 views | builthjack |
The pair of lying, devious, scheming kunts have spoken. Tw@ts. |  |
| 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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| Interview with the Owners on 23:19 - Sep 3 with 2312 views | EasternJack |
| Interview with the Owners on 21:05 - Sep 3 by Darran |
lol
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If only we had some form of fan representation in the shareholding to answer these questions... |  |
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| Interview with the Owners on 23:22 - Sep 3 with 2299 views | jasper_T |
| Interview with the Owners on 22:49 - Sep 3 by deanscfc |
They signed a contract. Makes no effin difference. At the very least you replace them. Selling both siggy and llorente at the same time was basically like signing a piece of paper to say 'i accept relegation'. Total stupidity given they had together scored most of the goals. Same with previous signings we sold without replacing. |
We brought in Tammy, Bony, Clucas, Mesa, Sanches and in January Andre Ayew.
The mistake was in the dross we bought with the money from the sales, not that we sold Gylfi at all. Losing your best players for big money is a natural part of football, something all but a very, very select few have to deal with on an almost-annual basis. | | | |
| Interview with the Owners on 23:38 - Sep 3 with 2259 views | _ |
| Interview with the Owners on 23:19 - Sep 3 by EasternJack |
If only we had some form of fan representation in the shareholding to answer these questions... |
It's an absolute pisstake isn't it?!
Do the owners still consider the Trust are complete bunch or imbeciles?
We ask the Trust a question and we get no response, we've no idea what they are up to except hiding behind legal confidentiality. We have the finance affiliate more interested in making cheap comments about our players than communicating with the fans the questions we pose. And we have Phil S who seems to have only joined again so he can be the big man and take centre stage in these anal forums.
I mean, WTF.... When is it ever going to change :-( | |
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