A Pipe Dream... 23:29 - Feb 20 with 10149 views | Phil_S | Or is it - it happened at Portsmouth on a smaller scale and dream big as you never know what could happen. At a valuation of £100m, the 4% of shares that would make a massive difference to us is worth £4m. We have £650k in the bank with another possible dividend this year taking that to £850k (if it happens) Are we capable through fan donations (and those from local businesses) capable of raising £3.2m to make a substantial offer for those shares? Should we try? | | | | |
A Pipe Dream... on 23:31 - Feb 20 with 4457 views | monmouth | It's not in the sellers interest to sell though is it? That extra % that takes it to 25% has a much greater value than 1%? | |
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A Pipe Dream... on 23:34 - Feb 20 with 4451 views | Millie |
A Pipe Dream... on 23:31 - Feb 20 by monmouth | It's not in the sellers interest to sell though is it? That extra % that takes it to 25% has a much greater value than 1%? |
They have no choice, have to offer share to current shareholders first | | | |
A Pipe Dream... on 23:34 - Feb 20 with 4450 views | Phil_S |
A Pipe Dream... on 23:31 - Feb 20 by monmouth | It's not in the sellers interest to sell though is it? That extra % that takes it to 25% has a much greater value than 1%? |
No its not But as I said tonight what a fantastic closing legacy that would be for the other shareholders to know that they had protected the long term future by giving the supporters the protection we desired | | | |
A Pipe Dream... on 23:35 - Feb 20 with 4442 views | AngelRangelQS | Yes. I'd introduce a monthly fee for an "enhanced" membership (maybe more money off at local businesses or something like that?) - I'd pay £10 a month to the trust if it was used with a view of acquiring more shares. Others may want to pay more or less but would it be worth exploring? They also used to do that barometer thing which I thought was good. Buckets at the game etc. Definitely think it needs to be done. Probably should have been done years ago in truth but we were all too busy enjoying ourselves | | | |
A Pipe Dream... on 23:37 - Feb 20 with 4421 views | Jackfath | I think the fact that so many ST holders are probably unaware they are not fully paid up members of the Trust could be an issue. Perhaps awareness needs to be raised somehow? | |
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A Pipe Dream... on 23:38 - Feb 20 with 4414 views | Phil_S |
A Pipe Dream... on 23:35 - Feb 20 by AngelRangelQS | Yes. I'd introduce a monthly fee for an "enhanced" membership (maybe more money off at local businesses or something like that?) - I'd pay £10 a month to the trust if it was used with a view of acquiring more shares. Others may want to pay more or less but would it be worth exploring? They also used to do that barometer thing which I thought was good. Buckets at the game etc. Definitely think it needs to be done. Probably should have been done years ago in truth but we were all too busy enjoying ourselves |
I think it has to be worth exploring £3m may sound a complete dream but why not....this is Swansea City and we have a lot of people who care. We may not need the money now or tomorrow but we will at some point in the future | | | |
A Pipe Dream... on 23:39 - Feb 20 with 4407 views | Dyfnant | Is a public offering possible? £100 shares, each individual limited to owning £1000 or so of shares with voting rights given to the trust. | |
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A Pipe Dream... on 23:40 - Feb 20 with 4368 views | NeathJack | There has to be a case for a concerted public effort/campaign to press for the other 79% of shareholders to sell/gift a pro-rata amount of their shares to the trust to take us to the 25% level. Even if they were to do so and then sell their remaining shares, they would still make an enormous profit on their initial investment. Not just another football club? Proof of the pudding please Mr Morgan/Katzen/Van Zweden/Davies/Jenkins/Dineen et al. | | | | Login to get fewer ads
A Pipe Dream... on 23:43 - Feb 20 with 4358 views | AngelRangelQS |
A Pipe Dream... on 23:38 - Feb 20 by Phil_S | I think it has to be worth exploring £3m may sound a complete dream but why not....this is Swansea City and we have a lot of people who care. We may not need the money now or tomorrow but we will at some point in the future |
Roughly £180 per season ticket holder - I don't think its a pipe dream. It's not like the money is needed immediately but as a medium term target with the right publicity and awareness, why not? It's worked wonders before without the help of social media and us being at a lower level. Go for it. I'll get involved where I can | | | |
A Pipe Dream... on 23:43 - Feb 20 with 4354 views | Dyfnant |
A Pipe Dream... on 23:38 - Feb 20 by Phil_S | I think it has to be worth exploring £3m may sound a complete dream but why not....this is Swansea City and we have a lot of people who care. We may not need the money now or tomorrow but we will at some point in the future |
Stick the £800k on red Phil, it's a lucky colour apparently | |
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A Pipe Dream... on 23:44 - Feb 20 with 4351 views | londonlisa2001 |
A Pipe Dream... on 23:38 - Feb 20 by Phil_S | I think it has to be worth exploring £3m may sound a complete dream but why not....this is Swansea City and we have a lot of people who care. We may not need the money now or tomorrow but we will at some point in the future |
I think that it can be done (the money raising part of it) but it's only worth while if the other shareholders would be prepared to countenance selling to the Trust. Why would they agree to it if they didn't agree to the Trust buying Mel's shares back? As soon as they allow the Trust over 25% then their dreams of a multi million pound windfall are gone. No outside investor is going to buy a club for £100m where they have an immoveable supporter's trust holding a blocking %? If you did raise that sort of money and then were unable to do anything with it, it may become counter productive as it would look like the money was being raised under false pretences? | | | |
A Pipe Dream... on 23:45 - Feb 20 with 4336 views | AngelRangelQS |
A Pipe Dream... on 23:40 - Feb 20 by NeathJack | There has to be a case for a concerted public effort/campaign to press for the other 79% of shareholders to sell/gift a pro-rata amount of their shares to the trust to take us to the 25% level. Even if they were to do so and then sell their remaining shares, they would still make an enormous profit on their initial investment. Not just another football club? Proof of the pudding please Mr Morgan/Katzen/Van Zweden/Davies/Jenkins/Dineen et al. |
Definitely. Full on campaign, pressure in the right places etc. After all, you'd imagine most would want to be able to walk into the liberty and be welcomed with open arms, wouldn't you? | | | |
A Pipe Dream... on 23:59 - Feb 20 with 4274 views | SwansNZ |
A Pipe Dream... on 23:40 - Feb 20 by NeathJack | There has to be a case for a concerted public effort/campaign to press for the other 79% of shareholders to sell/gift a pro-rata amount of their shares to the trust to take us to the 25% level. Even if they were to do so and then sell their remaining shares, they would still make an enormous profit on their initial investment. Not just another football club? Proof of the pudding please Mr Morgan/Katzen/Van Zweden/Davies/Jenkins/Dineen et al. |
I can't see any way the trust could raise over 3 million, unless they take the money they have to the casino - which might not be a good idea. I agree, why can't the Swans supporting directors, gift a % of their shares to the trust, to ensure the long term future if the club? They will still be left with shares valued in the millions. | |
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A Pipe Dream... on 00:01 - Feb 21 with 4268 views | Sweyns_Eye | Having a campaign for the Trust to busy itself with might also counter the argument put by some that the Trust doesn't seem to have a purpose or doesn't do anything anymore. As a prominent activity, it might also help to draw attention to the Trust too. | |
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A Pipe Dream... on 00:04 - Feb 21 with 4263 views | londonlisa2001 |
A Pipe Dream... on 23:59 - Feb 20 by SwansNZ | I can't see any way the trust could raise over 3 million, unless they take the money they have to the casino - which might not be a good idea. I agree, why can't the Swans supporting directors, gift a % of their shares to the trust, to ensure the long term future if the club? They will still be left with shares valued in the millions. |
why would they gift shares when we have learned tonight that on two separate occasions they have been offered money for those shares and refused to even countenance such a deal? | | | |
A Pipe Dream... on 00:06 - Feb 21 with 4256 views | NeathJack | #Thedrivefortwentyfive | | | |
A Pipe Dream... on 00:08 - Feb 21 with 4254 views | SwansNZ |
A Pipe Dream... on 00:04 - Feb 21 by londonlisa2001 | why would they gift shares when we have learned tonight that on two separate occasions they have been offered money for those shares and refused to even countenance such a deal? |
Yep, I'm not saying they would, but that would be ideal. They obviously care more about their personal wealth - not I'm saying that is a bad thing, and nobody knows what they would do if in that position. | |
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A Pipe Dream... on 00:08 - Feb 21 with 4251 views | londonlisa2001 |
A Pipe Dream... on 00:06 - Feb 21 by NeathJack | #Thedrivefortwentyfive |
Or perhaps (since we're coming over all American) 4 more percent ... | | | |
A Pipe Dream... on 00:20 - Feb 21 with 4224 views | skippyjack |
A Pipe Dream... on 00:08 - Feb 21 by londonlisa2001 | Or perhaps (since we're coming over all American) 4 more percent ... |
3.7 | |
| The awkward moment when a Welsh Club become the Champions of England.. shh
The Swansea Way.. To upset the odds. | Poll: | Best Swans Player |
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A Pipe Dream... on 00:20 - Feb 21 with 4224 views | Pacemaker |
A Pipe Dream... on 00:08 - Feb 21 by SwansNZ | Yep, I'm not saying they would, but that would be ideal. They obviously care more about their personal wealth - not I'm saying that is a bad thing, and nobody knows what they would do if in that position. |
I asked Phil if we had offered the same amount as the Americans had offered and we had not, basically we offered all the money we had and any dividends from the future. Not exactly like for like and the 25% holding would have devalued the shares they were left holding. Not surprised they refused, pretty sure Phil said only one shareholder was approached twice but not named though. Have to say it would be pretty tough to raise that amount but not impossible, it would be interesting to see if anyone would sell with cash on the table so to speak. | |
| Life is an adventure or nothing at all. |
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A Pipe Dream... on 00:22 - Feb 21 with 4210 views | londonlisa2001 |
A Pipe Dream... on 00:20 - Feb 21 by skippyjack | 3.7 |
yes but that doesn't work does it so I took artistic licence. You don't hear them chanting '3.7 more years' do you ... | | | |
A Pipe Dream... on 00:25 - Feb 21 with 4202 views | Jackerwocey |
A Pipe Dream... on 00:04 - Feb 21 by londonlisa2001 | why would they gift shares when we have learned tonight that on two separate occasions they have been offered money for those shares and refused to even countenance such a deal? |
Blackmail | | | |
A Pipe Dream... on 00:27 - Feb 21 with 4197 views | AndyNak | Phil this is something I would happily put myself forward to help with... 20,000 fans, £160 each on average (that obviously won't happen in reality in that way but makes it far more achievable). It's basically the same as a capital appeal (I'm working on one currently for a client). Happy to have a chat before the game tomorrow or any time on the phone and I can certainly advise and support on how to structure such an appeal. Great night tonight by the way, well done to all | |
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A Pipe Dream... on 00:28 - Feb 21 with 4196 views | londonlisa2001 |
A Pipe Dream... on 00:25 - Feb 21 by Jackerwocey | Blackmail |
well yes, that may be so, but it may take a while before they realise what can happen - as I said earlier, even with the % now, it all may fall into the category of 'it's all too hard - let's go elsewhere'. By the way - is that you Spratty? Why have you changed your name again? | | | |
A Pipe Dream... on 00:34 - Feb 21 with 4163 views | AndyNak |
A Pipe Dream... on 00:04 - Feb 21 by londonlisa2001 | why would they gift shares when we have learned tonight that on two separate occasions they have been offered money for those shares and refused to even countenance such a deal? |
I think this was answered but... Partly because the rate offered wasn't at what they considered the market rate... And more importantly as many have identified, because the overall impact of the trust getting to 25% would leave them out of pocket If we could broker a deal that compensated for that, combined with the public pressure then there may be a chance. We would need that agreement in principle before the fundraising started though - as you rightly pointed out it wouldn't be great to raise the money and not have the option to purchase the 4% | |
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