| Huge chunk of shares been bought today 18:24 - Feb 28 with 8958 views | Ferryjack123 |
According to companies house, someone on twitter has said it's as much as 6million which would be a huge chunk.. approx 20% of the club |  | | |  |
| Huge chunk of shares been bought today on 21:02 - Mar 6 with 1126 views | max936 |
| Huge chunk of shares been bought today on 18:53 - Mar 6 by ReslovenSwan1 |
This refers to my period of existence as a member. It effectively represents everything I stand against. Committee south Wales. Effectively unaccountable because members did not give a fig and simply followed instructions they were given. No one has even apologised least of all their supporters on here who still have a weak understanding of what happened.
Everyone has effectively given up on it instead of being angry at the poor management of it 2014-2022 and missed a £20m payday for vision for the long term strength of football in Swansea. The whinging fans were given the chance to be big financial players but failed badly.
I put my neck on the block more than once with my opinions. No one else did. Swansea fans have come up well short. No one else with tell you this. I was banned on SCFC2 for predicting their humiliating failure 5 years before it happened.
Now trot along and pay your £5 and do me a favour ask them in the next meeting how they are going to protect your £5 from inflation currently 9%. |
They failed badly because virtually the whole trust board changed to those who were happy to sign the rights of the Trust away and stand against everything the trust stood for and you know this as you've been told enough, but conveniently and continually ignore the FACTs.
You put your neck on the block, how, by posting your drivel on a football forum, 
Off you trot now for your pasta and shandy your little table tucked away in the corner is ready for your arrival complete with a lovely flowery Napkin. |  |
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| Huge chunk of shares been bought today on 21:30 - Mar 6 with 1078 views | QJumpingJack |
| Huge chunk of shares been bought today on 18:53 - Mar 6 by ReslovenSwan1 |
This refers to my period of existence as a member. It effectively represents everything I stand against. Committee south Wales. Effectively unaccountable because members did not give a fig and simply followed instructions they were given. No one has even apologised least of all their supporters on here who still have a weak understanding of what happened.
Everyone has effectively given up on it instead of being angry at the poor management of it 2014-2022 and missed a £20m payday for vision for the long term strength of football in Swansea. The whinging fans were given the chance to be big financial players but failed badly.
I put my neck on the block more than once with my opinions. No one else did. Swansea fans have come up well short. No one else with tell you this. I was banned on SCFC2 for predicting their humiliating failure 5 years before it happened.
Now trot along and pay your £5 and do me a favour ask them in the next meeting how they are going to protect your £5 from inflation currently 9%. |
out of interest - have you ever been a Trust member? | | | |
| Huge chunk of shares been bought today on 21:52 - Mar 6 with 1056 views | Rhonnda_Jack |
| Huge chunk of shares been bought today on 21:02 - Mar 6 by max936 |
They failed badly because virtually the whole trust board changed to those who were happy to sign the rights of the Trust away and stand against everything the trust stood for and you know this as you've been told enough, but conveniently and continually ignore the FACTs.
You put your neck on the block, how, by posting your drivel on a football forum,
Off you trot now for your pasta and shandy your little table tucked away in the corner is ready for your arrival complete with a lovely flowery Napkin. |
Fair play max you are brutal I like it.
The trust should rebrand to the Swansea Judis Society | | | |
| Huge chunk of shares been bought today on 22:57 - Mar 6 with 1030 views | ReslovenSwan1 |
| Huge chunk of shares been bought today on 21:52 - Mar 6 by Rhonnda_Jack |
Fair play max you are brutal I like it.
The trust should rebrand to the Swansea Judis Society |
Judas not Judis. Religious education is not what it was in my day.
The Trust had three options and picked the absolute worst because the members never discussed it and did not understood the arguments. Filled with pseudo religious fervour and south Wales football pseudo socialism they wanted to harm the sellers more than look after the interests of the Trust. Best to worst.
a) Sell all their shares in 2016. Result £20m in the bank. Make investments. Grow.
b) Retain all their shares and play the long game for more cash (logical but very risky). Sign and agreement to tag along and sell next time in PL for more money (offsetting dilution). existing option. May be the best in the long term.
c) Go to court spit the rewards 50:50% pay agents £11m . Take the loan made to the club by the US owners as payment pushing the club into chaos and leading to major staff pruning. What the members voted for was as dim as it gets.
In case c) the Trust could run the club and be like Wrexham was. Sad depressed and i unloved. It was a long hard slog for Wrexham Trust. They just gave the club away for free. |  |
| Wise sage since Toshack era |
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| Huge chunk of shares been bought today on 11:35 - Mar 7 with 969 views | whiterock |
Or D, sell half its shares in 2016 for say £10m, keep 11% shareholding and have a good nest egg, they still have £1m, not to be sneezed at with 13% intact.
As for inflation and interest, lets just say, you don't have a fecking clue. | | | |
| Huge chunk of shares been bought today on 11:37 - Mar 7 with 968 views | whiterock |
| Huge chunk of shares been bought today on 21:52 - Mar 6 by Rhonnda_Jack |
Fair play max you are brutal I like it.
The trust should rebrand to the Swansea Judis Society |
Why are you calling fellow Swansea fans Judus, they made a decision, rightly or wrongly but they are Swansea through and through, just like you. | | | |
| Huge chunk of shares been bought today on 14:36 - Mar 7 with 934 views | ReslovenSwan1 |
| Huge chunk of shares been bought today on 11:35 - Mar 7 by whiterock |
Or D, sell half its shares in 2016 for say £10m, keep 11% shareholding and have a good nest egg, they still have £1m, not to be sneezed at with 13% intact.
As for inflation and interest, lets just say, you don't have a fecking clue. |
d) would be a disaster for the club as I explained and this is in fact b).
The money to pay the Trust and agency fees £10m plus would come from the Convertible loan note. (the clubs money) and Winter would be asked to pay it back probably by selling of land assets, redundancies and selling a player or two more including the highly valued academy stars.
Interest and inflation is basic knowledge. They are clearly defined. (there is nothing not easily understood by anyone reasonably educated) In the accounts of the Trust i read Interest was £1320 for a holding of £880,000. This equates to 0.15%. Dismal. If they have not got better deal they will be 8.85% less than inflation. With £10m that would equated to a £885,000 annual real term loss.
No one asks these questions. People just bluster and bluff on forums. The cunning plan of going to court was binned for good reason and the members were not trusted to reconsider. | |
| Wise sage since Toshack era |
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| Huge chunk of shares been bought today on 15:40 - Mar 7 with 918 views | Whiterockin |
| Huge chunk of shares been bought today on 14:36 - Mar 7 by ReslovenSwan1 |
d) would be a disaster for the club as I explained and this is in fact b).
The money to pay the Trust and agency fees £10m plus would come from the Convertible loan note. (the clubs money) and Winter would be asked to pay it back probably by selling of land assets, redundancies and selling a player or two more including the highly valued academy stars.
Interest and inflation is basic knowledge. They are clearly defined. (there is nothing not easily understood by anyone reasonably educated) In the accounts of the Trust i read Interest was £1320 for a holding of £880,000. This equates to 0.15%. Dismal. If they have not got better deal they will be 8.85% less than inflation. With £10m that would equated to a £885,000 annual real term loss.
No one asks these questions. People just bluster and bluff on forums. The cunning plan of going to court was binned for good reason and the members were not trusted to reconsider. |
It may have been binned for good reason but it should have gone back to the members to vote on it. To say the members could not be trusted is just ridiculous. The members were there for a reason and that is to have there wishes adhered to, they pay their subs to have a say how the club is run. The committee (voted in place by the members who could not be trusted) were elected to carry out the members wishes, this they failed to do. This is the reason the majority of trust members left and the reason the trust no longer has any value. |  | | |
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| Huge chunk of shares been bought today on 18:42 - Mar 7 with 862 views | QJumpingJack |
| Huge chunk of shares been bought today on 14:36 - Mar 7 by ReslovenSwan1 |
d) would be a disaster for the club as I explained and this is in fact b).
The money to pay the Trust and agency fees £10m plus would come from the Convertible loan note. (the clubs money) and Winter would be asked to pay it back probably by selling of land assets, redundancies and selling a player or two more including the highly valued academy stars.
Interest and inflation is basic knowledge. They are clearly defined. (there is nothing not easily understood by anyone reasonably educated) In the accounts of the Trust i read Interest was £1320 for a holding of £880,000. This equates to 0.15%. Dismal. If they have not got better deal they will be 8.85% less than inflation. With £10m that would equated to a £885,000 annual real term loss.
No one asks these questions. People just bluster and bluff on forums. The cunning plan of going to court was binned for good reason and the members were not trusted to reconsider. |
have you ever been a Trust member and if yes - when? | | | |
| Huge chunk of shares been bought today on 18:42 - Mar 7 with 862 views | ReslovenSwan1 |
| Huge chunk of shares been bought today on 15:40 - Mar 7 by Whiterockin |
It may have been binned for good reason but it should have gone back to the members to vote on it. To say the members could not be trusted is just ridiculous. The members were there for a reason and that is to have there wishes adhered to, they pay their subs to have a say how the club is run. The committee (voted in place by the members who could not be trusted) were elected to carry out the members wishes, this they failed to do. This is the reason the majority of trust members left and the reason the trust no longer has any value. |
The Trust could not afford the wishes of the members and have explained this. With legal cases sometimes running for years the case could have ended up bankrupting the organisation. The case was no strong enough.
It is not a sensible way to run a not for profit organisation. Members wanted the 'last resort'. The board declined the last resort and took and unsatisfactory settlement after their predecessors foolishly missed out on a massive pay day This settlement at least covered their legal costs while reducing the potential for investment by who ever paid it. | |
| Wise sage since Toshack era |
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| Huge chunk of shares been bought today on 19:13 - Mar 7 with 838 views | Whiterockin |
| Huge chunk of shares been bought today on 18:42 - Mar 7 by ReslovenSwan1 |
The Trust could not afford the wishes of the members and have explained this. With legal cases sometimes running for years the case could have ended up bankrupting the organisation. The case was no strong enough.
It is not a sensible way to run a not for profit organisation. Members wanted the 'last resort'. The board declined the last resort and took and unsatisfactory settlement after their predecessors foolishly missed out on a massive pay day This settlement at least covered their legal costs while reducing the potential for investment by who ever paid it. |
That is not democracy and the reason the trust has collapsed. | | | |
| Huge chunk of shares been bought today on 19:43 - Mar 7 with 807 views | ReslovenSwan1 |
| Huge chunk of shares been bought today on 19:13 - Mar 7 by Whiterockin |
That is not democracy and the reason the trust has collapsed. |
The members were deceived by forums like SCFC2 and the old PlanetSwans.
Alternative views to the given narrative (of the Trust being mistreated) were not given sufficient consideration and posters like me were banned and abused or labelled as vested interests. This distorted the democratic process and led to a one way propaganda.
The Trust messed up because the members were asleep and too easily led astray. This lead to a 6 year stand off and an humiliating defeat as the fake narrative crumbled when push came to shove. Even today members cannot stomach the fact that they were wrong. | |
| Wise sage since Toshack era |
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| Huge chunk of shares been bought today on 19:49 - Mar 7 with 800 views | Whiterockin |
| Huge chunk of shares been bought today on 19:43 - Mar 7 by ReslovenSwan1 |
The members were deceived by forums like SCFC2 and the old PlanetSwans.
Alternative views to the given narrative (of the Trust being mistreated) were not given sufficient consideration and posters like me were banned and abused or labelled as vested interests. This distorted the democratic process and led to a one way propaganda.
The Trust messed up because the members were asleep and too easily led astray. This lead to a 6 year stand off and an humiliating defeat as the fake narrative crumbled when push came to shove. Even today members cannot stomach the fact that they were wrong. |
How many members does the trust currently have compared to when the vote took place. You can voice opinions and speculate but the facts don't lie. | | | |
| Huge chunk of shares been bought today on 20:00 - Mar 7 with 785 views | ReslovenSwan1 |
| Huge chunk of shares been bought today on 19:49 - Mar 7 by Whiterockin |
How many members does the trust currently have compared to when the vote took place. You can voice opinions and speculate but the facts don't lie. |
The members have realised they were not up to the job and quit. Time to wrap up the Trust and sell it to fans if they have the cahones. There is a good chance they will lose their shirt but that was the case in 2002.
Instead Huw Jenkins and co offered them a 10,000% return which they declined to take because there was no element of personal gain. Had the Trust been owned by the fans for the £10 annual fee an on average 1300 fans would have taken g home £15,000 each. You can be sure all their shares would have been sold in that case. Capitalism works | |
| Wise sage since Toshack era |
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