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This is truly shameful as this has been brought up literally hundreds of times since it was first disclosed you couldn't see them.
You've made mugs out of a lot of people and were happy to allow this myth to build and build and be used as another tool for fans not to trust the owners.
The real question is can we trust the Trust
I'm sorry but this is another clear example of why we can't.
It's a sham.
You're all out of time....the past was yours but the future's mine.
VDH (after option to extend contract's extended): 5m Rondon - 5m Celina - 5m Dan - 7m Ollie - 10m A. Ayew - 7m J. Ayew - 5m
Total - 61m
Ok, some numbers are conservative but I still think we're short of what we need to cover the losses of this season and next. Obviously next season's wages would be a LOT lower if we got rid of all the above players but we'd have to bring some in to make up a squad and we still have debts for the likes of Bony, Ayews, Clucas, etc to service.
I'm not sure that even a huge fire-sale would be enough so it's either time for the Yanks to step up or for us to urgently plan for the worst. I honestly hope that I'm completely wrong, of course.
This is another reason that the Trust needs FULL access to the accounts and the complete backing of the fans. It would help if we got some better communication from the Trust but it's extremely difficult for them to say too much about ANYTHING at the moment.
As for whether the Trust should be looking for alternative investors i have my doubts whether that is time well spent at this stage.
Given the valuation of the shares in the club is so sensitive to the outcome of the dispute between the Trust and Kaplan, there are no real fixed points on which to base serious discussions with a third party.
Furthermore Kaplan controls the process completely at least in the medium term, and could get up to all sorts of mischief if he feels the Trust are not acting in good faith.
Strategy by all concerned is also determined by the urgency of financing needs. IF costs continue to be slashed there is a chance to pay down some debt next season with £40 million in the parachute, but the situation could conceivably come to a head before that without the support of Kaplan. Remember the Trust has no real cash to speak of in the contact of the financing requirement.
Lots of moving parts to this, and my sense is it is better to move quickly to a resolution of the way forward with Kaplan then you can try to plan accordingly. But time may well be short, and this has already dragged on far too long.
What you are attempting there is something known as a break-up valuation.
Implied in this is the assumption you are dealing with a liquidation; amongst all the other objections to such a scenario is the fact this is in direct conflict with the underlying objective of the Trust!
VDH (after option to extend contract's extended): 5m Rondon - 5m Celina - 5m Dan - 7m Ollie - 10m A. Ayew - 7m J. Ayew - 5m
Total - 61m
Ok, some numbers are conservative but I still think we're short of what we need to cover the losses of this season and next. Obviously next season's wages would be a LOT lower if we got rid of all the above players but we'd have to bring some in to make up a squad and we still have debts for the likes of Bony, Ayews, Clucas, etc to service.
I'm not sure that even a huge fire-sale would be enough so it's either time for the Yanks to step up or for us to urgently plan for the worst. I honestly hope that I'm completely wrong, of course.
This is another reason that the Trust needs FULL access to the accounts and the complete backing of the fans. It would help if we got some better communication from the Trust but it's extremely difficult for them to say too much about ANYTHING at the moment.
Routledge and Olsson are out of contract in July.
Rondon is a Newcastle player.
1
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 19:13 - Feb 5 with 2002 views
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 19:01 - Feb 5 by jasper_T
Routledge and Olsson are out of contract in July.
Rondon is a Newcastle player.
Besides which, all clubs will know that Swansea are deep in the mire. So will be lucky to get 50% of that valuation and of course be without a team to play league football
I have followed what a certain poster has written for years, in what he thought would happen to Swansea City AFC in the future on another site
At first I thought it was rather far fetch, but the more I read of his postings I started to believe what he was saying could be a possibility
Now reading what Shaky is now saying on this thread together what I have read he has said on previous threads
Bloody hell, these are certainly desperate times for Swansea City, as they could be the first team that’s played in the Premier League going out of business
0
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 20:25 - Feb 5 with 1906 views
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 18:41 - Feb 5 by Shaky
As for whether the Trust should be looking for alternative investors i have my doubts whether that is time well spent at this stage.
Given the valuation of the shares in the club is so sensitive to the outcome of the dispute between the Trust and Kaplan, there are no real fixed points on which to base serious discussions with a third party.
Furthermore Kaplan controls the process completely at least in the medium term, and could get up to all sorts of mischief if he feels the Trust are not acting in good faith.
Strategy by all concerned is also determined by the urgency of financing needs. IF costs continue to be slashed there is a chance to pay down some debt next season with £40 million in the parachute, but the situation could conceivably come to a head before that without the support of Kaplan. Remember the Trust has no real cash to speak of in the contact of the financing requirement.
Lots of moving parts to this, and my sense is it is better to move quickly to a resolution of the way forward with Kaplan then you can try to plan accordingly. But time may well be short, and this has already dragged on far too long.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 20:32 - Feb 5 by _
The Trust Director said it.
So I hear. It's not really pertinent to 2016 though, as the Trust many times came out, publicly and in written comms, saying we would consider. It's no excuse for the sellers I'm afraid.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 20:54 - Feb 5 by Uxbridge
So I hear. It's not really pertinent to 2016 though, as the Trust many times came out, publicly and in written comms, saying we would consider. It's no excuse for the sellers I'm afraid.
Not trying to make an excuse for them, Just correcting you when you made a false statement that 'maybe a Trust Board member said it once'
You're all out of time....the past was yours but the future's mine.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 20:54 - Feb 5 by Uxbridge
So I hear. It's not really pertinent to 2016 though, as the Trust many times came out, publicly and in written comms, saying we would consider. It's no excuse for the sellers I'm afraid.
I thought you was an accountant, not a barrister
Myself I think it will be a judge in the High Court that will determine whether it’s pertinent or not
0
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 21:20 - Feb 5 with 1709 views
This thread has been fuelled by many thinking that the Yanks are fiddling the club out of money....again we fans are fighting amongst ourselves instead of uniting .....it t is so fitting to talk of fiddling as we as fans are fiddling as Rome or actuallySCFC burns.
It's time to stop the infighting the Trust has got things wrong...BUT they seem to be on track.....we all need to unite ...or do some folks prefer to trust in Steve,Jase and Chris ....Peralman that is not agent T2C
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 21:28 - Feb 5 by vetchonian
This thread has been fuelled by many thinking that the Yanks are fiddling the club out of money....again we fans are fighting amongst ourselves instead of uniting .....it t is so fitting to talk of fiddling as we as fans are fiddling as Rome or actuallySCFC burns.
It's time to stop the infighting the Trust has got things wrong...BUT they seem to be on track.....we all need to unite ...or do some folks prefer to trust in Steve,Jase and Chris ....Peralman that is not agent T2C
The only reason I want to believe in the Americans is because I think they are our best chance to succeed again
Now that's maybe naive and one or all of you could soon turn round to me and bump up every post I've ever made in backing them.
But it's simple and makes sense in my head.
The past is the past, there's little we can do about that, unless you count what comes out of the Trust's mediation, but as I understand it anyway, the Trust ideally would still want to remain as shareholders while also cashing in for a substantial part-sale.
I'm sure many of you think by taking legal action it will somehow bring an end to the Americans control. However, If the Trust get what they quietly hope for I think this will only tighten the Americans grip on the Club.
So what then, OK the Trust has the rainy day fund it deserves but they become an even more minority partner than they are now.
If it's true the Americans are contemplating putting equity into the Club then that probably shows a desire to hang around even longer.
They've said as much 4 months ago
Now we all know how the sale went through initially and if we all stop pointing the finger in various different directions of blame for one minute, and just put that to the back of our minds for the purpose of addressing the future, we can properly assess the realistic options ahead of us
But isn't the most realistic option, or plan if you want to look at it like this, the one the Americans mapped out for us in September?
Isn't that our best hope even?
Is it our only realistic hope?
I'm hearing talk of alternative investors/owners but that seems to be the least realistic chance. Where would we find someone with the sort of money it would take to pry the Club away from the Americans? And especially now with financial difficulties and being in the Championship? I mean it's not completely unheard of but it still seems a bit of a stretch to me.
So back to the original point, which in my opinion could be mutually beneficial to everyone, would be to actually hope the Americans plan from the September statement is carried out.
But it's not going to happen overnight and it's going to take some patience and cooperation from all corners, but nothing that happened last week in the last day of the window massively veered off from that plan.
What they say they hope to do and what they actually do is the main beef for most fans. I can understand why people feel sceptical, and deep down I'm not entirely convinced either...
But, what they said they were going to do is everything we can really hope for isn't it, in terms of 'getting our club back'?
We're getting rid of the high earners and the players that clearly used us as a cash cow
We're investing in younger players with a hope they can grow together, a bit like our under 23's have done.
We've appointed a manager that plays the way we all want to play, a manager that believes in developing youth and someone who was brought in to cope with the project, as opposed to the firefighters we've employed the last 3 seasons.
We've got our act together massively off the field and I've never seen us so impressive and professional in terms of our website and its content, commercial activity, Jacks zone, work in the community, the ambassadorial aspect and hospitality, the ticket prices home and away and just look, we can watch all our youth team games let alone the Swans TV media site.
It really is pretty tremendous. We've got so much right....
But there's a lot more work to do
We got in the usual EPL habit of gambling everything just to tread water, we're not the only club to have done that, The football league is littered with similar examples.and we spent obscene amounts of money we couldn't cope with.
Nobody is saying mistakes have not been made. Everyone acknowledges that, but now it's a time for solutions, and most of you aren't looking for those, you're looking for blood.
For me, as I said, it's simple, our best hope is that the Americans do actually see out their plans they made in that September statement because if they get it right we could reset and challenge for promotion again. We'd be a much more desirable club then when the inevitable happens and they turn us around and sell on.
To who and how will be a conversation for another time. But for now, is there anything too disgusting about what I've said?
Here's hoping for friendly and sensible debate and not the usual bile and hot air I get from one or two ðŸ‘
You're all out of time....the past was yours but the future's mine.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 23:14 - Feb 5 by _
The only reason I want to believe in the Americans is because I think they are our best chance to succeed again
Now that's maybe naive and one or all of you could soon turn round to me and bump up every post I've ever made in backing them.
But it's simple and makes sense in my head.
The past is the past, there's little we can do about that, unless you count what comes out of the Trust's mediation, but as I understand it anyway, the Trust ideally would still want to remain as shareholders while also cashing in for a substantial part-sale.
I'm sure many of you think by taking legal action it will somehow bring an end to the Americans control. However, If the Trust get what they quietly hope for I think this will only tighten the Americans grip on the Club.
So what then, OK the Trust has the rainy day fund it deserves but they become an even more minority partner than they are now.
If it's true the Americans are contemplating putting equity into the Club then that probably shows a desire to hang around even longer.
They've said as much 4 months ago
Now we all know how the sale went through initially and if we all stop pointing the finger in various different directions of blame for one minute, and just put that to the back of our minds for the purpose of addressing the future, we can properly assess the realistic options ahead of us
But isn't the most realistic option, or plan if you want to look at it like this, the one the Americans mapped out for us in September?
Isn't that our best hope even?
Is it our only realistic hope?
I'm hearing talk of alternative investors/owners but that seems to be the least realistic chance. Where would we find someone with the sort of money it would take to pry the Club away from the Americans? And especially now with financial difficulties and being in the Championship? I mean it's not completely unheard of but it still seems a bit of a stretch to me.
So back to the original point, which in my opinion could be mutually beneficial to everyone, would be to actually hope the Americans plan from the September statement is carried out.
But it's not going to happen overnight and it's going to take some patience and cooperation from all corners, but nothing that happened last week in the last day of the window massively veered off from that plan.
What they say they hope to do and what they actually do is the main beef for most fans. I can understand why people feel sceptical, and deep down I'm not entirely convinced either...
But, what they said they were going to do is everything we can really hope for isn't it, in terms of 'getting our club back'?
We're getting rid of the high earners and the players that clearly used us as a cash cow
We're investing in younger players with a hope they can grow together, a bit like our under 23's have done.
We've appointed a manager that plays the way we all want to play, a manager that believes in developing youth and someone who was brought in to cope with the project, as opposed to the firefighters we've employed the last 3 seasons.
We've got our act together massively off the field and I've never seen us so impressive and professional in terms of our website and its content, commercial activity, Jacks zone, work in the community, the ambassadorial aspect and hospitality, the ticket prices home and away and just look, we can watch all our youth team games let alone the Swans TV media site.
It really is pretty tremendous. We've got so much right....
But there's a lot more work to do
We got in the usual EPL habit of gambling everything just to tread water, we're not the only club to have done that, The football league is littered with similar examples.and we spent obscene amounts of money we couldn't cope with.
Nobody is saying mistakes have not been made. Everyone acknowledges that, but now it's a time for solutions, and most of you aren't looking for those, you're looking for blood.
For me, as I said, it's simple, our best hope is that the Americans do actually see out their plans they made in that September statement because if they get it right we could reset and challenge for promotion again. We'd be a much more desirable club then when the inevitable happens and they turn us around and sell on.
To who and how will be a conversation for another time. But for now, is there anything too disgusting about what I've said?
Here's hoping for friendly and sensible debate and not the usual bile and hot air I get from one or two ðŸ‘
Good post. But where they have messed up is how devious they have been in the treatment of the trust, and how they have being caught out in so many lies.
I don't trust them, I don't believe what they say, and I'm suspicious about what they have done with all the money.
So for me, I don't have any faith in these people at all. Until they start doing things and showing us clearly that they are doing things right, I can't change my opinion.
Unless it was Jenkins fault and now he has gone they may change, but I doubt it because we were warned about them from many different sources, when they came here.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 23:14 - Feb 5 by _
The only reason I want to believe in the Americans is because I think they are our best chance to succeed again
Now that's maybe naive and one or all of you could soon turn round to me and bump up every post I've ever made in backing them.
But it's simple and makes sense in my head.
The past is the past, there's little we can do about that, unless you count what comes out of the Trust's mediation, but as I understand it anyway, the Trust ideally would still want to remain as shareholders while also cashing in for a substantial part-sale.
I'm sure many of you think by taking legal action it will somehow bring an end to the Americans control. However, If the Trust get what they quietly hope for I think this will only tighten the Americans grip on the Club.
So what then, OK the Trust has the rainy day fund it deserves but they become an even more minority partner than they are now.
If it's true the Americans are contemplating putting equity into the Club then that probably shows a desire to hang around even longer.
They've said as much 4 months ago
Now we all know how the sale went through initially and if we all stop pointing the finger in various different directions of blame for one minute, and just put that to the back of our minds for the purpose of addressing the future, we can properly assess the realistic options ahead of us
But isn't the most realistic option, or plan if you want to look at it like this, the one the Americans mapped out for us in September?
Isn't that our best hope even?
Is it our only realistic hope?
I'm hearing talk of alternative investors/owners but that seems to be the least realistic chance. Where would we find someone with the sort of money it would take to pry the Club away from the Americans? And especially now with financial difficulties and being in the Championship? I mean it's not completely unheard of but it still seems a bit of a stretch to me.
So back to the original point, which in my opinion could be mutually beneficial to everyone, would be to actually hope the Americans plan from the September statement is carried out.
But it's not going to happen overnight and it's going to take some patience and cooperation from all corners, but nothing that happened last week in the last day of the window massively veered off from that plan.
What they say they hope to do and what they actually do is the main beef for most fans. I can understand why people feel sceptical, and deep down I'm not entirely convinced either...
But, what they said they were going to do is everything we can really hope for isn't it, in terms of 'getting our club back'?
We're getting rid of the high earners and the players that clearly used us as a cash cow
We're investing in younger players with a hope they can grow together, a bit like our under 23's have done.
We've appointed a manager that plays the way we all want to play, a manager that believes in developing youth and someone who was brought in to cope with the project, as opposed to the firefighters we've employed the last 3 seasons.
We've got our act together massively off the field and I've never seen us so impressive and professional in terms of our website and its content, commercial activity, Jacks zone, work in the community, the ambassadorial aspect and hospitality, the ticket prices home and away and just look, we can watch all our youth team games let alone the Swans TV media site.
It really is pretty tremendous. We've got so much right....
But there's a lot more work to do
We got in the usual EPL habit of gambling everything just to tread water, we're not the only club to have done that, The football league is littered with similar examples.and we spent obscene amounts of money we couldn't cope with.
Nobody is saying mistakes have not been made. Everyone acknowledges that, but now it's a time for solutions, and most of you aren't looking for those, you're looking for blood.
For me, as I said, it's simple, our best hope is that the Americans do actually see out their plans they made in that September statement because if they get it right we could reset and challenge for promotion again. We'd be a much more desirable club then when the inevitable happens and they turn us around and sell on.
To who and how will be a conversation for another time. But for now, is there anything too disgusting about what I've said?
Here's hoping for friendly and sensible debate and not the usual bile and hot air I get from one or two ðŸ‘
You actually trust the Americans? Or are you just living in hope?
Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
0
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 07:19 - Feb 6 with 1425 views
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 00:04 - Feb 6 by builthjack
You actually trust the Americans? Or are you just living in hope?
"Here's hoping for friendly and sensible debate and not the usual bile and hot air I get from one or two"
The biggest hypocrite on this site. It's laughable, it really is. Anyone want to see the PMs he sent me, over a sustained period, threatening me? I'm not the only one either. Why anyone from the Trust engages with him I have no idea.
POSTER OF THE YEAR 2013.
PROUD RECIPIENT OF THE SECOND PLANET SWANS LIFETIME ACHIEVEMENT AWARD.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 07:19 - Feb 6 by Jackfath
"Here's hoping for friendly and sensible debate and not the usual bile and hot air I get from one or two"
The biggest hypocrite on this site. It's laughable, it really is. Anyone want to see the PMs he sent me, over a sustained period, threatening me? I'm not the only one either. Why anyone from the Trust engages with him I have no idea.
Did he call you a liar, a charlatan and a HYPOCRITE?
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 07:19 - Feb 6 by Jackfath
"Here's hoping for friendly and sensible debate and not the usual bile and hot air I get from one or two"
The biggest hypocrite on this site. It's laughable, it really is. Anyone want to see the PMs he sent me, over a sustained period, threatening me? I'm not the only one either. Why anyone from the Trust engages with him I have no idea.
Well I read those private messages after your last post and I sent them to you after you made a reference to Jimmy Saville.
Thing is see Math your whole reason for being on here is to push people's buttons and I'll be honest, I can't abide you. I'm sure you feel the same as well which I'm also sure you're more than comfortable with, but you're a prime example of why things get heated on here.
You didn't need to reply here did you, we could've just debated the points raised but no, you're back trying to cause more trouble. The amount of people that used to post on here that don't now because of you is unreal. You may not believe that but it's very true.
Anyway, next....
You're all out of time....the past was yours but the future's mine.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 08:05 - Feb 6 by _
Well I read those private messages after your last post and I sent them to you after you made a reference to Jimmy Saville.
Thing is see Math your whole reason for being on here is to push people's buttons and I'll be honest, I can't abide you. I'm sure you feel the same as well which I'm also sure you're more than comfortable with, but you're a prime example of why things get heated on here.
You didn't need to reply here did you, we could've just debated the points raised but no, you're back trying to cause more trouble. The amount of people that used to post on here that don't now because of you is unreal. You may not believe that but it's very true.
Anyway, next....
I thought nobody posted on here anymore because of me? 🤷ðŸ¼â€â™‚ï¸
The first ever recipient of a Planet Swans Lifetime Achievement Award.
FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 23:14 - Feb 5 by _
The only reason I want to believe in the Americans is because I think they are our best chance to succeed again
Now that's maybe naive and one or all of you could soon turn round to me and bump up every post I've ever made in backing them.
But it's simple and makes sense in my head.
The past is the past, there's little we can do about that, unless you count what comes out of the Trust's mediation, but as I understand it anyway, the Trust ideally would still want to remain as shareholders while also cashing in for a substantial part-sale.
I'm sure many of you think by taking legal action it will somehow bring an end to the Americans control. However, If the Trust get what they quietly hope for I think this will only tighten the Americans grip on the Club.
So what then, OK the Trust has the rainy day fund it deserves but they become an even more minority partner than they are now.
If it's true the Americans are contemplating putting equity into the Club then that probably shows a desire to hang around even longer.
They've said as much 4 months ago
Now we all know how the sale went through initially and if we all stop pointing the finger in various different directions of blame for one minute, and just put that to the back of our minds for the purpose of addressing the future, we can properly assess the realistic options ahead of us
But isn't the most realistic option, or plan if you want to look at it like this, the one the Americans mapped out for us in September?
Isn't that our best hope even?
Is it our only realistic hope?
I'm hearing talk of alternative investors/owners but that seems to be the least realistic chance. Where would we find someone with the sort of money it would take to pry the Club away from the Americans? And especially now with financial difficulties and being in the Championship? I mean it's not completely unheard of but it still seems a bit of a stretch to me.
So back to the original point, which in my opinion could be mutually beneficial to everyone, would be to actually hope the Americans plan from the September statement is carried out.
But it's not going to happen overnight and it's going to take some patience and cooperation from all corners, but nothing that happened last week in the last day of the window massively veered off from that plan.
What they say they hope to do and what they actually do is the main beef for most fans. I can understand why people feel sceptical, and deep down I'm not entirely convinced either...
But, what they said they were going to do is everything we can really hope for isn't it, in terms of 'getting our club back'?
We're getting rid of the high earners and the players that clearly used us as a cash cow
We're investing in younger players with a hope they can grow together, a bit like our under 23's have done.
We've appointed a manager that plays the way we all want to play, a manager that believes in developing youth and someone who was brought in to cope with the project, as opposed to the firefighters we've employed the last 3 seasons.
We've got our act together massively off the field and I've never seen us so impressive and professional in terms of our website and its content, commercial activity, Jacks zone, work in the community, the ambassadorial aspect and hospitality, the ticket prices home and away and just look, we can watch all our youth team games let alone the Swans TV media site.
It really is pretty tremendous. We've got so much right....
But there's a lot more work to do
We got in the usual EPL habit of gambling everything just to tread water, we're not the only club to have done that, The football league is littered with similar examples.and we spent obscene amounts of money we couldn't cope with.
Nobody is saying mistakes have not been made. Everyone acknowledges that, but now it's a time for solutions, and most of you aren't looking for those, you're looking for blood.
For me, as I said, it's simple, our best hope is that the Americans do actually see out their plans they made in that September statement because if they get it right we could reset and challenge for promotion again. We'd be a much more desirable club then when the inevitable happens and they turn us around and sell on.
To who and how will be a conversation for another time. But for now, is there anything too disgusting about what I've said?
Here's hoping for friendly and sensible debate and not the usual bile and hot air I get from one or two ðŸ‘
The problem is much deeper now than just forgetting all that has gone before. They've servered ties with the supporters and that is something the can/will never get back. Im not saying all they've done has been bad and am sure we could all agree that shifting Bony, Ayew etc are things that needed to be done and more of that is needed for the summer. The main problem is looking forward, I dont think they are capable of returning us to the premier league or even keeping us sustainably in the championship. As a hedge fund they are only interested in turning a profit on their investment, this is their priority and most likely will come at the expense of Swansea city on the field. Not even going to bother saying anything about HJ MM etc, been done a million times by anyone on this website.