| Asset strip away, strip away....Left with a SWAN CARCASS 18:36 - Aug 2 with 37307 views | castlejack |
13 players out, 3 players signed
Just heard Mawson deal now confirmed, and club seem content with £8m for Clueless.
This is so depressing,
Having worked in the City for many years, I knew these bustard yanks would asset strip us for years which started even before their first season as owners had started....
But this is bordering on ridiculous. The rate of pillage is speeding up and the vultures have now successfully left us with a SWAN CARCASS.
The parachute payments are only ever one click away as they disappear electronically across the Atlantic.
In the words of Gordon Gekko in Wall Street, when asked Why have you wrecked our company/club....
BECAUSE ITS WRECK-ABLE |  |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:16 - Aug 2 with 2289 views | Wingstandwood |
| Asset strip away, strip away....Left with a SWAN CARCASS on 20:55 - Aug 2 by Phil_S |
No, not attending my first board meeting until Monday evening |
Thanks for your reply! |  |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:17 - Aug 2 with 2284 views | Cooperman |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:11 - Aug 2 by Dr_Winston |
I'm getting a Blackadder/Baldrick vibe. |
OJ thinks that the Americans have a cunning plan. |  |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:17 - Aug 2 with 2284 views | Oldjack |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:09 - Aug 2 by Phil_S |
There are several strong accountants on the Trust board who would realise it
And if it was happening it would be in the public domain |
but how do you stop it ? bearing in mind the trust are no more than a little fly in the ointment to them and they hold most of the cards |  |
| Prosser the Tosser dwells on Phil's bum hole like a rusty old hemorrhoid ,fact
You Greedy Bastards Get Out Of OUR Club!
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:21 - Aug 2 with 2267 views | Jack59 |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:04 - Aug 2 by TheResurrection |
Ability has nothing to do with cost FFS, at least not in the ridiculous context you are dreaming up.
We've accounted for every penny of the clubs money.. It's not Kaplan's or Levien's, it's the club's!! They own a controlling share but it's not them making a profit or loss at the end of each year, it's the Club.
They've also got a responsibility to pay fellow employees within the Club. That comes at huge cost, the biggest cost. The Americans may earn a salary but they haven't taken any dividend, as far as I'm aware, or the Trust would receive one as well.
So buying and selling players isn't for personal profit, it's the club balancing the books mostly whilst trying to keep us competitive. Something they've failed at, but not because they've stripped us of any assets.
There may well come a time they will look to take money out and this would probably be against the wishes of the Trust, but until that time comes around all this talk of asset stripping is just a bit thick. |
Let's say you're right for a minute,
Given what you say, can you then imagine the low level of the intelligence of their investors, now that's what I would call scary!
And bear in mind, these two yanks have taken a company and also cut its income by over a half in their first full year at the helm. | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:21 - Aug 2 with 2267 views | Oldjack |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:17 - Aug 2 by Cooperman |
OJ thinks that the Americans have a cunning plan. |
their main interest is making as much money as they can as quick as they can even though they portray themselves like they care about us and the club . and yes they may well have a cunning plan to milk us dry in the very near future | |
| Prosser the Tosser dwells on Phil's bum hole like a rusty old hemorrhoid ,fact
You Greedy Bastards Get Out Of OUR Club!
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:22 - Aug 2 with 2260 views | TheResurrection |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:17 - Aug 2 by Oldjack |
but how do you stop it ? bearing in mind the trust are no more than a little fly in the ointment to them and they hold most of the cards |
How do you stop something that's not happening??
Jesus h...
Fack off mun. |  |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:22 - Aug 2 with 2259 views | exiledclaseboy |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:08 - Aug 2 by Oldjack |
I hope you got a good accountant on board to scrutinize every penny in and out ,you'll need it , if they do start milking us how will you stop it ? |
There are at least two very experienced accountants in the board. The Trust sees the books monthly. |  |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:23 - Aug 2 with 2252 views | Phil_S |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:16 - Aug 2 by Dr_Winston |
I'm going to put some pants on my head and shove two pencils up my nose.
Would fit right in on here lately. |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:24 - Aug 2 with 2244 views | Phil_S |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:17 - Aug 2 by Oldjack |
but how do you stop it ? bearing in mind the trust are no more than a little fly in the ointment to them and they hold most of the cards |
But its not happening
And if it did publicising it would have an immediate effect even if some had already been trousered
This really isn't rocket science | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:30 - Aug 2 with 2211 views | Jack59 |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:07 - Aug 2 by Phil_S |
Its still not asset stripping |
Trust me, the harvesting is going on, they just haven't capitalised on it yet, but it is going to happen, and it will be too late for anyone to take any action again. | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:32 - Aug 2 with 2193 views | Phil_S |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:30 - Aug 2 by Jack59 |
Trust me, the harvesting is going on, they just haven't capitalised on it yet, but it is going to happen, and it will be too late for anyone to take any action again. |
OK then so lets suppose you are right
What are they going to do? And how are they going to do it? | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:37 - Aug 2 with 2159 views | Oldjack |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:24 - Aug 2 by Phil_S |
But its not happening
And if it did publicising it would have an immediate effect even if some had already been trousered
This really isn't rocket science |
Sorry Phil but i wouldn't trust them one little bit ,Plus the trust's record of spreading clean dirt and sticking the boot in when called for is pretty dismal to date , | |
| Prosser the Tosser dwells on Phil's bum hole like a rusty old hemorrhoid ,fact
You Greedy Bastards Get Out Of OUR Club!
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:40 - Aug 2 with 2149 views | Phil_S |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:37 - Aug 2 by Oldjack |
Sorry Phil but i wouldn't trust them one little bit ,Plus the trust's record of spreading clean dirt and sticking the boot in when called for is pretty dismal to date , |
So to clarify
At no point did I say that I trusted them
And I dont disagree hence the point of the various posts I have made.
Its still not happening though... | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:41 - Aug 2 with 2135 views | TheResurrection |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:21 - Aug 2 by Jack59 |
Let's say you're right for a minute,
Given what you say, can you then imagine the low level of the intelligence of their investors, now that's what I would call scary!
And bear in mind, these two yanks have taken a company and also cut its income by over a half in their first full year at the helm. |
I'm sure you're trying to make a point, it's just I can't work it out for love nor money. | |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 21:43 - Aug 2 with 2127 views | QJumpingJack |
We are having to make cuts on the playing staff but Pearlman and HJ are probably earning in excess of £1m combined - that is madness and quite worrying. | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:57 - Aug 2 with 2064 views | Jack59 |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:41 - Aug 2 by TheResurrection |
I'm sure you're trying to make a point, it's just I can't work it out for love nor money. |
Well if your assessment of the situation is accurate they must all be pretty thick for getting financially involved in a football club, think of the investment opportunities in some parts of the world in real estate. | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:02 - Aug 2 with 2044 views | dameedna |
Cant see where the asset stripping is happening. A few more players out in the next few weeks. Jenkins and Pearlman will be under some scrutiny with a keen focus on Pearlman' s package and results.
Jenkins is our most successful leader to date. I am not lauding either right now as we may do better but the project has not failed yet.
New owners are in touch with pro sport which is a positive and appear to be in the game for the long haul.
New signings are reliable in my opinion and some good things have been said about transfer decisions.
Players and agents still attracted to the club and the set up here which cannot be taken for granted.
The Swan is still a thug. |  | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:10 - Aug 2 with 2015 views | Wingstandwood |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:40 - Aug 2 by Phil_S |
So to clarify
At no point did I say that I trusted them
And I dont disagree hence the point of the various posts I have made.
Its still not happening though... |
Am I right to presume SCST presence along with two accountants will indeed be a 'silver-bullet' to prevent any more immoral greed from Jenkins, Yanks and Co? So devious financial skullduggery, legal theft, and financial sleight of hand tactics to facilitate parachute payments/transfer money proceeds greed initiative won't happen under a SCST tenure?
A future Oyston-esque situation at SCFC is unlikely?
Newspaper quote: "for more than a year over claims they had taken £27 million out of the club after their season in the Premier League in 2010/11. Owen Oyston, for example, paid himself a director's salary of £11 million." [Post edited 2 Aug 2018 22:11]
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| Asset strip away, strip away....Left with a SWAN CARCASS on 22:13 - Aug 2 with 2003 views | Phil_S |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:10 - Aug 2 by Wingstandwood |
Am I right to presume SCST presence along with two accountants will indeed be a 'silver-bullet' to prevent any more immoral greed from Jenkins, Yanks and Co? So devious financial skullduggery, legal theft, and financial sleight of hand tactics to facilitate parachute payments/transfer money proceeds greed initiative won't happen under a SCST tenure?
A future Oyston-esque situation at SCFC is unlikely?
Newspaper quote: "for more than a year over claims they had taken £27 million out of the club after their season in the Premier League in 2010/11. Owen Oyston, for example, paid himself a director's salary of £11 million." [Post edited 2 Aug 2018 22:11]
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Put it this way if money was being taken out then it would be seen by the viewing of the monthly management accounts
Whilst many see Stuart as mute on many things nothing I have heard suggests that he no longer has access to this information
The sellouts may have rendered the Trust's voting rights next to useless with their skullduggery but as a 21% shareholder there are still rights to ensure the 'investment' is being managed as we would want and if it wasnt then vocally to let that be known | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:22 - Aug 2 with 1975 views | Wingstandwood |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:13 - Aug 2 by Phil_S |
Put it this way if money was being taken out then it would be seen by the viewing of the monthly management accounts
Whilst many see Stuart as mute on many things nothing I have heard suggests that he no longer has access to this information
The sellouts may have rendered the Trust's voting rights next to useless with their skullduggery but as a 21% shareholder there are still rights to ensure the 'investment' is being managed as we would want and if it wasnt then vocally to let that be known |
Quote : "The sellouts may have rendered the Trust's voting rights next to useless with their skullduggery but as a 21% shareholder there are still rights to ensure the 'investment' is being managed as we would want and if it wasnt then vocally to let that be known" (end of quote)
That brings some comfort to know that they will have to be on their guard and to be wary whilst having to look over their shoulders because they know scrutiny is there. | |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 22:24 - Aug 2 with 1969 views | Loyal |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:13 - Aug 2 by Phil_S |
Put it this way if money was being taken out then it would be seen by the viewing of the monthly management accounts
Whilst many see Stuart as mute on many things nothing I have heard suggests that he no longer has access to this information
The sellouts may have rendered the Trust's voting rights next to useless with their skullduggery but as a 21% shareholder there are still rights to ensure the 'investment' is being managed as we would want and if it wasnt then vocally to let that be known |
Then it's time to lead vocally, and if Stu thingy don't like it tie him up and bum him 👠|  |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
The official inventor of the tit w@nk. | | Poll: | Who should be Swansea number 1 |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 22:24 - Aug 2 with 1962 views | Uxbridge |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:13 - Aug 2 by Phil_S |
Put it this way if money was being taken out then it would be seen by the viewing of the monthly management accounts
Whilst many see Stuart as mute on many things nothing I have heard suggests that he no longer has access to this information
The sellouts may have rendered the Trust's voting rights next to useless with their skullduggery but as a 21% shareholder there are still rights to ensure the 'investment' is being managed as we would want and if it wasnt then vocally to let that be known |
Monthly management accounts, weekly meetings with the FD.
It seems not everyone's been reading the monthly board minutes...  |  |
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| Asset strip away, strip away....Left with a SWAN CARCASS on 22:25 - Aug 2 with 1962 views | Jack59 |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:32 - Aug 2 by Phil_S |
OK then so lets suppose you are right
What are they going to do? And how are they going to do it? |
I honestly can't tell you now, if I had a million pound budget like them, to hire minds and put a plan together, then I would. However, I will remind you of this after it all comes to light.
What seriously worries me is given our history, and even after what happened with our sell out board, many fans are still naïve about the intentions of the so called 'investors' | | | |
| Asset strip away, strip away....Left with a SWAN CARCASS on 22:29 - Aug 2 with 1943 views | TheResurrection |
| Asset strip away, strip away....Left with a SWAN CARCASS on 21:57 - Aug 2 by Jack59 |
Well if your assessment of the situation is accurate they must all be pretty thick for getting financially involved in a football club, think of the investment opportunities in some parts of the world in real estate. |
Their idea was to add value to the club before, what they probably hoped, would be another big TV deal which would've done just that, driven the value of the club up.
Before then going onto sell us for more than they paid.
And not all investments pay off, there's always risks no matter how intelligent (or wealthy) they are. | |
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