| There was never any investment, and nor will there ever be any. 09:49 - Jan 15 with 14717 views | MyFinalHeaven |
What we must realize about these new owners is that they're capitalists. They make their money buying up stocks, doing nothing but sitting on them, and then selling them for a profit. They have yet to put a single penny into this club, and nor will they ever will.
If it has not been already damningly apparent, this club is just like another stock purchase to them. Whether it's tech, pharmaceuticals, or alternative energy, capitalists are always looking to exploit the latest and greatest craze, and unfortunately for us, the latest craze for predatory investors is football.
Let's not making it anything but crystal clear: Levien and Kaplan thought this was going to be easy. They thought it would just be like any other of their previous investments, and the plan was always to sit back and watch as the skyrocketing TV deals increased the value of SCFC year after year before selling for a nifty profit. I have it on good authority that Levien has already made more trips to the UK in 6 months than he had imagined he would make in a few years as owner. As we have already seen, he along with the rest of his scumbag partners thought they could just buy the club and do nothing but defer to Huw Jenkins to ensure that the Premier League club they had bought stayed one. After the takeover, Levien gushed about how he had watched A Jack to a King, how he was amazed at how well run this club is, and how incredible the guy at the helm (Jenkins) is, claiming that all of our successes post Petty era was down to him, and even referred to Jenkins as a "tremendous football mind."
No doubt it has since hit him as clean as a knockout punch from Mike Tyson how hysterically wrong he was about Jenkins and his ability to run a football club, as too his own ability (or complete lack of) to own and preside over a team. These new owners have seriously, and I mean seriously underestimated just how difficult it is to run a club in the Premier League and what is required to keep a club in the top flight. Unfortunately though, these revelations have clearly not hit hard enough, as Jenkins remains at the helm and our transfer business remains inadequate as ever.
Nevertheless, do not buy these owners frequent talk about how they plan on being "long term owners"--it is just pure and utter bullshit, just like the all the rest of their statements. Venture capitalists never ever stick around for the long term, and if you ask me, Levien had let it slip just how "long" he wanted to stick around here during his first press conference, when he said that his goal was for the club "to be in a better place in five years." No doubt that is the time him and his partners were planning on exiting after having sold us for a nice profit.
Their message in yesterday's programme against Arsenal, where they once again disparaged the supporters and even deflected the blame from their own disasters onto us, was a pathetic attempt and a downright insulting plea to the fans to be nice, stay silent, and back them despite all their failures and despite having treated us like utter sh*t. This is beyond unacceptable, and frankly, it is the final straw. If we ran Tony Petty out of town, then I have no idea how we haven't ran these mother fvckers out yet. Not only is it long overdue, but our future depends on it. We will go nowhere but down so long as Jason Levien and Stephen Kaplan are the Swansea City owners. [Post edited 15 Jan 2017 9:54]
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| There was never any investment, and nor will there ever be any. on 16:11 - May 17 with 1623 views | LeonWasGod |
| There was never any investment, and nor will there ever be any. on 14:54 - May 17 by andypitt56 |
I agree with the post above, they cant just take money out of the club from player sales. They only way they can make money is with dividends from market growth and commercial growth. It is illegal from them to just take money out of the club. Believe it or not we actually have to be successful on the pitch for them to get financial gain. It is not beneficial for them to just let us rot. I would be very surprised if they don't invest in the first team, but I don't expect it to be much more than what we have previously invested. |
Depend what you mean by "invest". There will be spending, but I suspect it will only be in line with revenues. It certainly seems to be the message that we've got to keep on an even keel and not spend beyond our means. But yeah, it's definitely in their interest fro us to do well on the pitch. |  | | |
| There was never any investment, and nor will there ever be any. on 16:15 - May 17 with 1622 views | PozuelosSideys |
| There was never any investment, and nor will there ever be any. on 12:42 - May 17 by aberhugh |
Blood suckers are not going to invest.
At the close of the summer transfer window from the time we sold Bony the club had 70M income in sales of players and had only spent 31M in the same time period. That leaves 39M being pocketed. Forget installments to us because we pay others the same way.
In January according to the Resurrection we spent 20M this still leaves 19M trousered by person or persons unknown.
If they sell Llorente and Siggy for 35M that leaves a war chest for Clement of 54M.
Lets also sell Barrow, Montero, Tabanou, Gomis, a centre half or two, that will bring in a nice sum.
Now buy four 5M players and a couple of 2M.
Then you have:
SCFC the gift that just keeps on giving.
What a great investment. This is the way we get to the next level.
Of course, stupid me!!
I do apologise Huw, next level of profiteering here we come!! How could I have doubted you? After all it is in YOU we trust
. Now all together "We love our Chairman." (Repeat) |
You probably need to take a look at the income/wages ratio mate. Its not a pretty sight |  |
| "Michu, Britton and Williams could have won 3-0 on their own. They wouldn't have required a keeper." | | Poll: | Hattricks |
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| There was never any investment, and nor will there ever be any. on 17:36 - May 17 with 1548 views | Dr_Winston |
The same people demanding to know why we won't spend £30-40m every summer will be the same people up in arms when the clubs debts go up accordingly if we do.
Nobody who gives the slightest shit about the long term future of Swansea City, be that in the Premier League or not, should be calling for a ramping up of spending, investment, or whatever you want to call it that exceeds the clubs own ability to pay for it. That would be madness and leave us wide open to future bankruptcy. We've been down that road twice. Better if we don't do it a third time.
As a club we have to try and buy low, sell high, and develop as much of our own talent as possible until revenue streams can be increased by improved commercial performance or an increase in stadium capacity. To a certain extent we will never be able to move away from that.
This is our lot. Take it or leave it.
This post has been edited by an administrator |  |
| 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. |
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| There was never any investment, and nor will there ever be any. on 17:40 - May 17 with 1535 views | Borojack |
| There was never any investment, and nor will there ever be any. on 17:36 - May 17 by Dr_Winston |
The same people demanding to know why we won't spend £30-40m every summer will be the same people up in arms when the clubs debts go up accordingly if we do.
Nobody who gives the slightest shit about the long term future of Swansea City, be that in the Premier League or not, should be calling for a ramping up of spending, investment, or whatever you want to call it that exceeds the clubs own ability to pay for it. That would be madness and leave us wide open to future bankruptcy. We've been down that road twice. Better if we don't do it a third time.
As a club we have to try and buy low, sell high, and develop as much of our own talent as possible until revenue streams can be increased by improved commercial performance or an increase in stadium capacity. To a certain extent we will never be able to move away from that.
This is our lot. Take it or leave it.
This post has been edited by an administrator |
That's how I see it as well If some on here had there way we would be the new Portsmouth Leeds or Coventry in no time |  |
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| There was never any investment, and nor will there ever be any. on 18:00 - May 17 with 1472 views | jacktar |
| There was never any investment, and nor will there ever be any. on 17:36 - May 17 by Dr_Winston |
The same people demanding to know why we won't spend £30-40m every summer will be the same people up in arms when the clubs debts go up accordingly if we do.
Nobody who gives the slightest shit about the long term future of Swansea City, be that in the Premier League or not, should be calling for a ramping up of spending, investment, or whatever you want to call it that exceeds the clubs own ability to pay for it. That would be madness and leave us wide open to future bankruptcy. We've been down that road twice. Better if we don't do it a third time.
As a club we have to try and buy low, sell high, and develop as much of our own talent as possible until revenue streams can be increased by improved commercial performance or an increase in stadium capacity. To a certain extent we will never be able to move away from that.
This is our lot. Take it or leave it.
This post has been edited by an administrator |
You're right Doc.
That's what we have to put up with. The saving grace is that around half the clubs in the Premier League are probably in the same boat (without the big-spending owners) so we will always have to battle with them if we are to stay in this league. Overall we haven't done so badly up to now but who knows what the Yanks will do. |  |
| We shouldn't all be tarred with the same brush you know! |
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| There was never any investment, and nor will there ever be any. on 18:07 - May 17 with 1454 views | Nookiejack |
| There was never any investment, and nor will there ever be any. on 17:36 - May 17 by Dr_Winston |
The same people demanding to know why we won't spend £30-40m every summer will be the same people up in arms when the clubs debts go up accordingly if we do.
Nobody who gives the slightest shit about the long term future of Swansea City, be that in the Premier League or not, should be calling for a ramping up of spending, investment, or whatever you want to call it that exceeds the clubs own ability to pay for it. That would be madness and leave us wide open to future bankruptcy. We've been down that road twice. Better if we don't do it a third time.
As a club we have to try and buy low, sell high, and develop as much of our own talent as possible until revenue streams can be increased by improved commercial performance or an increase in stadium capacity. To a certain extent we will never be able to move away from that.
This is our lot. Take it or leave it.
This post has been edited by an administrator |
But the point of the sale was for the Yanks to take us to the next level?
What is the point if they just spend the same as Huw Jenkins and Martin Morgan less the Management Fees and Chris Pearlman's package.
That probably equates to less spend than the selling shareholders. Although TV money has gone up in the meantime.
So aren't we now in a weaker position if management fees and Pearlman's package is deducted? |  | | |
| There was never any investment, and nor will there ever be any. on 18:07 - May 17 with 1452 views | Dr_Winston |
| There was never any investment, and nor will there ever be any. on 18:00 - May 17 by jacktar |
You're right Doc.
That's what we have to put up with. The saving grace is that around half the clubs in the Premier League are probably in the same boat (without the big-spending owners) so we will always have to battle with them if we are to stay in this league. Overall we haven't done so badly up to now but who knows what the Yanks will do. |
The problems we've had lately is that players have been brought in by underqualified individuals without much thought given to how we're going to use them, and at least two utterly unsuitable candidates have been given the managers job despite much better options being available. In the face of decision making like that it's a bit surprising that we're still here.
The Americans will do the only thing they really can do. Run the club on a budget whilst trying to grow the clubs revenues in a number of ways and thus the resale value of their own shares. To do anything else makes no sense for them or us. | |
| 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. |
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| There was never any investment, and nor will there ever be any. on 18:08 - May 17 with 1451 views | Dr_Winston |
| There was never any investment, and nor will there ever be any. on 18:07 - May 17 by Nookiejack |
But the point of the sale was for the Yanks to take us to the next level?
What is the point if they just spend the same as Huw Jenkins and Martin Morgan less the Management Fees and Chris Pearlman's package.
That probably equates to less spend than the selling shareholders. Although TV money has gone up in the meantime.
So aren't we now in a weaker position if management fees and Pearlman's package is deducted? |
The point of the sale was to enrich those doing the selling. Nothing else. | |
| 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. |
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| There was never any investment, and nor will there ever be any. on 18:27 - May 17 with 1426 views | monmouth |
| There was never any investment, and nor will there ever be any. on 18:08 - May 17 by Dr_Winston |
The point of the sale was to enrich those doing the selling. Nothing else. |
And, by some means to enrich those doing the buying.
And if that is to the detriment of the club and its supporters, not a single solitary one of the sellers or buyers will give a tinker's toss.
Just have to hope that the sell on means a healthy club rather than the milking of the cash. We have a probable future as a mini Sunderland or Villa though. Less probably a Southampton or WBA. Let's hope it's not a lot lot worse. |  |
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| There was never any investment, and nor will there ever be any. on 19:45 - May 17 with 1381 views | dobjack2 |
| There was never any investment, and nor will there ever be any. on 17:36 - May 17 by Dr_Winston |
The same people demanding to know why we won't spend £30-40m every summer will be the same people up in arms when the clubs debts go up accordingly if we do.
Nobody who gives the slightest shit about the long term future of Swansea City, be that in the Premier League or not, should be calling for a ramping up of spending, investment, or whatever you want to call it that exceeds the clubs own ability to pay for it. That would be madness and leave us wide open to future bankruptcy. We've been down that road twice. Better if we don't do it a third time.
As a club we have to try and buy low, sell high, and develop as much of our own talent as possible until revenue streams can be increased by improved commercial performance or an increase in stadium capacity. To a certain extent we will never be able to move away from that.
This is our lot. Take it or leave it.
This post has been edited by an administrator |
However to buy low and sell high and keep on doing it needs good recruitment. Our recruitment needs an overhaul. | | | |
| There was never any investment, and nor will there ever be any. on 19:54 - May 17 with 1369 views | Dr_Winston |
| There was never any investment, and nor will there ever be any. on 19:45 - May 17 by dobjack2 |
However to buy low and sell high and keep on doing it needs good recruitment. Our recruitment needs an overhaul. |
No argument from me on that. | |
| 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. |
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| There was never any investment, and nor will there ever be any. on 19:56 - May 17 with 1364 views | BlasterJack |
| There was never any investment, and nor will there ever be any. on 18:08 - May 17 by Dr_Winston |
The point of the sale was to enrich those doing the selling. Nothing else. |
Exactly.
Some people still don't bloody get it. They see the word investment banded about and assume some people have got together and thrown a big bucket of cash at the club.
The people who have bought shares have done so to make money for themselves and the conglomerate they represent. Nothing else.
They have bought a relatively well run club, dining at the top table in the richest league in the World, relatively cheaply.
Yes, it's in their best interests for us to stay in the Prem but they will try to do it as frugally as possible. |  |
| "And I heard a voice in the midst of the four beasts. And I looked, and behold a pale horse, and his name that sat on him was Death, and hell followed with him." |
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| There was never any investment, and nor will there ever be any. on 20:16 - May 17 with 1336 views | LeonWasGod |
| There was never any investment, and nor will there ever be any. on 19:56 - May 17 by BlasterJack |
Exactly.
Some people still don't bloody get it. They see the word investment banded about and assume some people have got together and thrown a big bucket of cash at the club.
The people who have bought shares have done so to make money for themselves and the conglomerate they represent. Nothing else.
They have bought a relatively well run club, dining at the top table in the richest league in the World, relatively cheaply.
Yes, it's in their best interests for us to stay in the Prem but they will try to do it as frugally as possible. |
Yep, and doing it as frugally as possible means keeping Huwbert in place and expecting him to keep going as he always has. Business as usual. It won't change so people are wasting their time hoping for anything else. | | | |
| There was never any investment, and nor will there ever be any. on 20:24 - May 17 with 1329 views | Dr_Winston |
| There was never any investment, and nor will there ever be any. on 20:16 - May 17 by LeonWasGod |
Yep, and doing it as frugally as possible means keeping Huwbert in place and expecting him to keep going as he always has. Business as usual. It won't change so people are wasting their time hoping for anything else. |
I wouldn't rule out any future "investment", but it's more likely to be in terms of a stadium purchase and/or expansion. Tangible assets that can be used to beef up a balance sheet and increase share value.
Pearlman's role will become critical for that. Reckon they'll be looking for him to drive up enough commercial and sponsorship income to essentially make that stadium spending almost pay for itself. | |
| 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. |
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| There was never any investment, and nor will there ever be any. on 20:32 - May 17 with 1313 views | LeonWasGod |
| There was never any investment, and nor will there ever be any. on 20:24 - May 17 by Dr_Winston |
I wouldn't rule out any future "investment", but it's more likely to be in terms of a stadium purchase and/or expansion. Tangible assets that can be used to beef up a balance sheet and increase share value.
Pearlman's role will become critical for that. Reckon they'll be looking for him to drive up enough commercial and sponsorship income to essentially make that stadium spending almost pay for itself. |
Yep, they seem to be lining us up for stadium purchase and/or expansion. It will be used as a reason for why there's little money for signings (it already is isn't it, didn't Huw mention it in the interview this week?).
I hope they don't take their eye off the ball (again) with what needs to happen with playing squad. | | | |
| There was never any investment, and nor will there ever be any. on 20:40 - May 17 with 1304 views | BlasterJack |
| There was never any investment, and nor will there ever be any. on 20:24 - May 17 by Dr_Winston |
I wouldn't rule out any future "investment", but it's more likely to be in terms of a stadium purchase and/or expansion. Tangible assets that can be used to beef up a balance sheet and increase share value.
Pearlman's role will become critical for that. Reckon they'll be looking for him to drive up enough commercial and sponsorship income to essentially make that stadium spending almost pay for itself. |
And as we all know, for a club plying their trade where it is, our commercial revenue streams are an untapped bloody goldmine.
Ramp up income, cut costs and as you say, bolster the balance sheet.
Then sell for a big profit.
I'm not overly worried about our owners/position now.
It's the next buyers who could really feck us up.
We all know how flawed that bollocks fit and proper owners test is, and the Yanks won't really give a shit about any diligence as long as the price is right. | |
| "And I heard a voice in the midst of the four beasts. And I looked, and behold a pale horse, and his name that sat on him was Death, and hell followed with him." |
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| There was never any investment, and nor will there ever be any. on 20:41 - May 17 with 1303 views | Dr_Winston |
| There was never any investment, and nor will there ever be any. on 20:32 - May 17 by LeonWasGod |
Yep, they seem to be lining us up for stadium purchase and/or expansion. It will be used as a reason for why there's little money for signings (it already is isn't it, didn't Huw mention it in the interview this week?).
I hope they don't take their eye off the ball (again) with what needs to happen with playing squad. |
There's little money for signings because our wage bill is out of control and we spent a net £20m or so in January.
There will be movement in and out. There's a few players likely to move on that could generate cash for spending and plenty of fat to be trimmed off the wage bill. Breaking even wouldn't bother me as long as we added in the right areas. | |
| 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. |
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| There was never any investment, and nor will there ever be any. on 23:09 - May 17 with 1231 views | jacktar |
| There was never any investment, and nor will there ever be any. on 20:32 - May 17 by LeonWasGod |
Yep, they seem to be lining us up for stadium purchase and/or expansion. It will be used as a reason for why there's little money for signings (it already is isn't it, didn't Huw mention it in the interview this week?).
I hope they don't take their eye off the ball (again) with what needs to happen with playing squad. |
I think the Yanks will have learned a lot from these early months. Their investment nearly went tits up and largely because of a certain American coach whose selection was clearly down to them. Whatever we think of Jenkins on here, I think he was instrumental in getting rid of Bradley (be it almost too late) as well as employing Clement so for that at least we can be grateful, though he is of course being well paid for his efforts.
Let's hope they don't take their eyes off the ball in the coming season and the lesson has been truly learned. I for one am quite optimistic that we will move on from a pretty dire season, even though we will likely be saddled with less than average Director of Football. | |
| We shouldn't all be tarred with the same brush you know! |
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