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This American take over 11:23 - Jul 17 with 16380 viewsmagicdaps10

Does anyone know when this is going to happen?

Seems to be dragging on now with no real sign of full completion.

Poll: Are the owners doing enough for Swansea City

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This American take over on 17:37 - Jul 19 with 2383 viewstomdickharry

This American take over on 17:20 - Jul 19 by CaliforniaJack

But would the share buyers start discussions with the the trust if the share buyout had not been completed? Preliminary discussions maybe - but they certainly would not hold full on meetings to discuss a new shareholder agreement or plans for the clubs future until all things financial and legal had been completed.

Several posters in this thread seem to want to blame either the share buyers or the share sellers or both and cannot seem to comprehend that discussions may not be able to take place until both of the above have been completed.

Lets wait and see what happens this week with the potential announcement of the completed purchase and what the new share holders have to say (said he struggling to wade through the the volumes of pessimism here today)


Excellent post,hope the new owners include in any press statement their position in respect of investment in new signings which are urgently required, especially up front.
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This American take over on 17:39 - Jul 19 with 2382 viewslondonlisa2001

This American take over on 17:20 - Jul 19 by CaliforniaJack

But would the share buyers start discussions with the the trust if the share buyout had not been completed? Preliminary discussions maybe - but they certainly would not hold full on meetings to discuss a new shareholder agreement or plans for the clubs future until all things financial and legal had been completed.

Several posters in this thread seem to want to blame either the share buyers or the share sellers or both and cannot seem to comprehend that discussions may not be able to take place until both of the above have been completed.

Lets wait and see what happens this week with the potential announcement of the completed purchase and what the new share holders have to say (said he struggling to wade through the the volumes of pessimism here today)


The Trust has and had exactly the same right to full and detailed information as any other shareholder.

The incoming owners could and should have shared detailed plans at some point during the past 8 months of so.

Perhaps the reason for people being pessimistic is that the Trust have been kept in the dark, not involved in any discussion about the future of a company that they part own. No one knows where the money is coming from it seems, what if any investment will be made, how it will be structured etc etc etc.

Never mind - their frontman 'got it'. What a joy.
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This American take over on 17:42 - Jul 19 with 2369 viewsMattG

Maybe I'm missing something but it seems a bit strange to me that, by avoiding any meaningful discussions with the Trust, the new Shareholders will have effectively purchased their shares without knowing what Shareholders Agreement they might be bound by.

Unless, of course, they are happy with the one that is already in place.

Of course, I might have totally misunderstood how these things work.
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This American take over on 17:46 - Jul 19 with 2357 viewslondonlisa2001

This American take over on 17:42 - Jul 19 by MattG

Maybe I'm missing something but it seems a bit strange to me that, by avoiding any meaningful discussions with the Trust, the new Shareholders will have effectively purchased their shares without knowing what Shareholders Agreement they might be bound by.

Unless, of course, they are happy with the one that is already in place.

Of course, I might have totally misunderstood how these things work.


The one that is in place will apply unless changes are agreed.

The more shocking issue is that the Trust is effectively investing £21m in a company when it hasn't seen the business plan, ownership structure, capital structure etc etc.
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This American take over on 17:53 - Jul 19 with 2321 viewsMattG

This American take over on 17:46 - Jul 19 by londonlisa2001

The one that is in place will apply unless changes are agreed.

The more shocking issue is that the Trust is effectively investing £21m in a company when it hasn't seen the business plan, ownership structure, capital structure etc etc.


To me, that suggests that the new owners must be pretty comfortable with the existing one.

Agree re: the Trust's investment - interesting way of looking at it actually.

One other question I know has been discussed many times (blame my failing memory) is whether drag-along rights exist in this situation?
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This American take over on 19:27 - Jul 19 with 2260 viewsReturn_of_the_Jack

This American take over on 17:39 - Jul 19 by londonlisa2001

The Trust has and had exactly the same right to full and detailed information as any other shareholder.

The incoming owners could and should have shared detailed plans at some point during the past 8 months of so.

Perhaps the reason for people being pessimistic is that the Trust have been kept in the dark, not involved in any discussion about the future of a company that they part own. No one knows where the money is coming from it seems, what if any investment will be made, how it will be structured etc etc etc.

Never mind - their frontman 'got it'. What a joy.


Don't worry mun, he's seen JTAK

Out of all the questions he could of asked, he asked him if he'd seen a Disney version of the SCFC history!
[Post edited 19 Jul 2016 19:36]
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This American take over on 21:06 - Jul 19 with 2159 viewsAngelRangelQS

Considering the season is quickly approaching I cannot believe this is still rumbling on.
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This American take over on 21:58 - Jul 19 with 2067 viewsblaine_scfc

Wasn't there meant to be a press release today? This is getting ridiculous.
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This American take over on 22:01 - Jul 19 with 2059 viewslonglostjack

This American take over on 21:58 - Jul 19 by blaine_scfc

Wasn't there meant to be a press release today? This is getting ridiculous.


Where is Chris Wathan when you need him? Maybe they're waiting till he gets back from holiday.

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This American take over on 22:04 - Jul 19 with 2044 viewsUxbridge

This American take over on 17:20 - Jul 19 by CaliforniaJack

But would the share buyers start discussions with the the trust if the share buyout had not been completed? Preliminary discussions maybe - but they certainly would not hold full on meetings to discuss a new shareholder agreement or plans for the clubs future until all things financial and legal had been completed.

Several posters in this thread seem to want to blame either the share buyers or the share sellers or both and cannot seem to comprehend that discussions may not be able to take place until both of the above have been completed.

Lets wait and see what happens this week with the potential announcement of the completed purchase and what the new share holders have to say (said he struggling to wade through the the volumes of pessimism here today)


If you're correct, do we really want people unable to hold two parallel conversations running the club?

You're lookign to buy a house. Somebody owns a couple of the bedrooms and the kitchen. But no, you buy the rest and worry about being able to cook some chips later. Seriously?

Blog: Whose money is it anyway?

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This American take over on 22:06 - Jul 19 with 2038 viewsmonmouth

This American take over on 22:01 - Jul 19 by longlostjack

Where is Chris Wathan when you need him? Maybe they're waiting till he gets back from holiday.


No need, he wrote his living eulogy to all things swanky yankee ages ago; it's been ready for remote release for months. Expect to see that the 'investment' has been successfully completed to enable te move to the 'next level' or some such shit.

Poll: TRUST MEMBERS: What DID you vote in the, um, vote

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This American take over on 09:18 - Jul 20 with 1893 viewsHighjack

This American take over on 20:27 - Jul 18 by monmouth

Pretty obvious that the exiting rats have told the new bunch that the Trust is of no account and to be treated with contempt. Quite why H. Cooze is still cozying up to Jenkins or Levien out in the States is beyond me. It's as clear as day the Trust is being ignored. I'm no fan of Shaky and his conspiracy crap, but surely to God the Trust is on a war footing now?


Who is paying for him to have a free jolly in the U.S anyway?

The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
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This American take over on 09:42 - Jul 20 with 1875 viewsWarwickHunt

This American take over on 22:01 - Jul 19 by longlostjack

Where is Chris Wathan when you need him? Maybe they're waiting till he gets back from holiday.


He's in Jenkins' pocket...
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This American take over on 09:46 - Jul 20 with 1868 viewsLoyal

This American take over on 20:27 - Jul 18 by monmouth

Pretty obvious that the exiting rats have told the new bunch that the Trust is of no account and to be treated with contempt. Quite why H. Cooze is still cozying up to Jenkins or Levien out in the States is beyond me. It's as clear as day the Trust is being ignored. I'm no fan of Shaky and his conspiracy crap, but surely to God the Trust is on a war footing now?


You cracked it when you said Cooze was in the USA ....

May I put forward a question as to why he is there and who paid for him to be there ? And finally who endorsed it ?

Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows. The official inventor of the tit w@nk.
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This American take over on 09:56 - Jul 20 with 1841 viewsHighjack

This American take over on 09:46 - Jul 20 by Loyal

You cracked it when you said Cooze was in the USA ....

May I put forward a question as to why he is there and who paid for him to be there ? And finally who endorsed it ?


And would it be cynical to suggest his seeming lack of opposition is linked to all these free global outings he is receiving?


The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Poll: Should Dippy Drakeford do us all a massive favour and just bog off?

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This American take over on 13:02 - Jul 20 with 1739 viewsHighjack

This American take over on 22:06 - Jul 19 by monmouth

No need, he wrote his living eulogy to all things swanky yankee ages ago; it's been ready for remote release for months. Expect to see that the 'investment' has been successfully completed to enable te move to the 'next level' or some such shit.


I'm sure I've already read that article.

The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Poll: Should Dippy Drakeford do us all a massive favour and just bog off?

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This American take over on 13:23 - Jul 20 with 1692 viewsdobjack2

This American take over on 09:56 - Jul 20 by Highjack

And would it be cynical to suggest his seeming lack of opposition is linked to all these free global outings he is receiving?



Yes.

He is part of the trust board therefore any perceived lack of opposition should be aimed at them collectively rather than at the supporter director personally.

I would suggest that in the cartoon the trust board including the supporter director is on the outside looking in rather than being on the inside.
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This American take over on 14:01 - Jul 20 with 1637 viewsCopperJack

This American take over on 09:56 - Jul 20 by Highjack

And would it be cynical to suggest his seeming lack of opposition is linked to all these free global outings he is receiving?



What an excellent book that is

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This American take over on 15:58 - Jul 20 with 1554 viewsTummer_from_Texas

This American take over on 14:01 - Jul 20 by CopperJack

What an excellent book that is


Yep, an excellent critique of the hypocrisy inherent in socialism.

POTY 2015
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This American take over on 16:05 - Jul 20 with 1540 viewslondonlisa2001

This American take over on 15:58 - Jul 20 by Tummer_from_Texas

Yep, an excellent critique of the hypocrisy inherent in socialism.


Orwell was a socialist.

He wrote the book because he believed that Stalin had corrupted the ideals of socialism, not because he believed socialism to be hypocritical.
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This American take over on 16:10 - Jul 20 with 1523 viewsHighjack

This American take over on 13:23 - Jul 20 by dobjack2

Yes.

He is part of the trust board therefore any perceived lack of opposition should be aimed at them collectively rather than at the supporter director personally.

I would suggest that in the cartoon the trust board including the supporter director is on the outside looking in rather than being on the inside.


He seems very much inside the room in my opinion but we all have different views.

The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Poll: Should Dippy Drakeford do us all a massive favour and just bog off?

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This American take over on 16:24 - Jul 20 with 1490 viewsCopperJack

This American take over on 15:58 - Jul 20 by Tummer_from_Texas

Yep, an excellent critique of the hypocrisy inherent in socialism.


Oh, so you don't understand the book.

It's an attack on communism, and how communism is fundamentally totalitarianism. Communism always betrays the basic principles of socialism, the sort of state established by the post-war British government when they introduced free healthcare and a range of other social initiatives aimed at eradicating poverty.

Orwell became anti-communist during the Spanish Civil War when he fought with the socialists, against the communists.

Poll: The 2016 Assembly Elections: Which way will you be voting & why?

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This American take over on 16:51 - Jul 20 with 1432 viewsairedale

Kin ell, and its not even 1984.
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This American take over on 17:05 - Jul 20 with 1405 viewsmagicdaps10

Sorry to go off current discussion here

BUT

Is this takeover/investment or whatever you call it, is it happening anytime soon?

Seems like current board and Levien are all mates and going on tour to the USA with the playing staff but for me this takeover is dragging on far too long now.

Poll: Are the owners doing enough for Swansea City

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This American take over on 17:13 - Jul 20 with 1375 viewsdobjack2

This American take over on 16:10 - Jul 20 by Highjack

He seems very much inside the room in my opinion but we all have different views.


I think that we will have to agree to disagree on that one.
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