| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? 18:19 - Feb 3 with 43504 views | _ |
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. |  |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:05 - Feb 6 with 2037 views | _ |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 08:48 - Feb 6 by BryanSwan |
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. |
How have they severed ties with the supporters?
And when you talk about them making a profit, isn't the football club itself being successes the only realistic way for them to do that? | |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:05 - Feb 6 with 2024 views | JACKMANANDBOY |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 08:37 - Feb 6 by Darran |
I thought nobody posted on here anymore because of me? 🤷ðŸ¼â€â™‚ï¸ |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:13 - Feb 6 with 2001 views | BryanSwan |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:05 - Feb 6 by _ |
How have they severed ties with the supporters?
And when you talk about them making a profit, isn't the football club itself being successes the only realistic way for them to do that? |
You don't have a mob of people talking of protests and boycotts if you have the supporters on side. They've made a number of mistakes since theyve been here, adding that to the fact they do not want to explain the situation doesnt help.
I don't think relegation was ever considered and yes i would agree that going up is the way to maximise profit but we all know how difficult it is to get promoted from this league.
If that isnt achievable they are going to want to claw back as much money as possible to break even/make slight profit on the investment. |  |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:26 - Feb 6 with 1972 views | _ |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:13 - Feb 6 by BryanSwan |
You don't have a mob of people talking of protests and boycotts if you have the supporters on side. They've made a number of mistakes since theyve been here, adding that to the fact they do not want to explain the situation doesnt help.
I don't think relegation was ever considered and yes i would agree that going up is the way to maximise profit but we all know how difficult it is to get promoted from this league.
If that isnt achievable they are going to want to claw back as much money as possible to break even/make slight profit on the investment. |
Fair comments and.you're right, supporters aren't on side. Although I don't think fans fully appreciate how difficult it is to run an EPL club the size of ours.
I'm sure you'll find similar stories to ours littered all over the country over the last 25 years. The league just eats you up and spits you out, it's a beast.
But that's not excusing some mistakes, I appreciate they were made.
But that's the past and in my opinion we can't keep harping on about it, wallowing in it, really.
I also agree the Americans haven't done themselves any favours with communication, but even when they did in September, they were roundly criticised in what was a largely positive interview in terms of what we could realistically hope for as a club. | |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:01 - Feb 6 with 1927 views | BryanSwan |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:26 - Feb 6 by _ |
Fair comments and.you're right, supporters aren't on side. Although I don't think fans fully appreciate how difficult it is to run an EPL club the size of ours.
I'm sure you'll find similar stories to ours littered all over the country over the last 25 years. The league just eats you up and spits you out, it's a beast.
But that's not excusing some mistakes, I appreciate they were made.
But that's the past and in my opinion we can't keep harping on about it, wallowing in it, really.
I also agree the Americans haven't done themselves any favours with communication, but even when they did in September, they were roundly criticised in what was a largely positive interview in terms of what we could realistically hope for as a club. |
The last few years in the premier league have caused the mess we are in now, expensive panic buys and big wages. As a smaller club as soon as you start playing that game it will always end in relegation. Which was something the club weren't prepared for.
I think there will always be criticism from somewhere no matter what is done.
Changes did need to be made and no doubt still do, but whether there is now too much water under the bridge will decide where the club goes.
Everyone has seen the real dark days, i think that is driving the supporter now as nobody wants to see days like that again. | |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:05 - Feb 6 with 1920 views | Jonathans_coat |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 09:26 - Feb 6 by _ |
Fair comments and.you're right, supporters aren't on side. Although I don't think fans fully appreciate how difficult it is to run an EPL club the size of ours.
I'm sure you'll find similar stories to ours littered all over the country over the last 25 years. The league just eats you up and spits you out, it's a beast.
But that's not excusing some mistakes, I appreciate they were made.
But that's the past and in my opinion we can't keep harping on about it, wallowing in it, really.
I also agree the Americans haven't done themselves any favours with communication, but even when they did in September, they were roundly criticised in what was a largely positive interview in terms of what we could realistically hope for as a club. |
Can’t argue with much of that, good post.
I think the way the sale went through has affected everyone’s view of “the yanks” from the start though. They effectively proved themselves untrustworthy from the get go. Most fans, myself included, will never trust them fully again. The first step to making themselves trustworthy, would be to make an attempt to undo the wrong done to the Supporters Trust, though a mediation deal. Whether you like the Trust or not, surely there can be no arguements against the fact that they were treated poorly in the sale?
We need to look to the future, but a future where we don’t trust the people in charge of something we love is very difficult to accept. |  | | |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:40 - Feb 6 with 1881 views | monmouth |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:05 - Feb 6 by Jonathans_coat |
Can’t argue with much of that, good post.
I think the way the sale went through has affected everyone’s view of “the yanks” from the start though. They effectively proved themselves untrustworthy from the get go. Most fans, myself included, will never trust them fully again. The first step to making themselves trustworthy, would be to make an attempt to undo the wrong done to the Supporters Trust, though a mediation deal. Whether you like the Trust or not, surely there can be no arguements against the fact that they were treated poorly in the sale?
We need to look to the future, but a future where we don’t trust the people in charge of something we love is very difficult to accept. |
Well....they also agreed a deal with the Trust (offered freely by them) which, at the time was hugely weighted in their favour and then they unilaterally reneged on it. They are wholly 100% untrustworthy. Would you trust someone that agreed a deal with you and then simply weaseled out if they offered another load of pie in the sky?
Our only hope with these guys is very simple, and that is that our club's interests are aligned with their asset's financial interests. That is why I actually believe the September statement. It does align those interests. In short, and this is really hard to swallow, we need to 'do a Cardiff', but with better football. |  |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:47 - Feb 6 with 1850 views | KGriz16 |
| 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 👠|
That is the most logical, intelligent and sound thing I ever read on this forum. |  | | |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:50 - Feb 6 with 1843 views | valleyboy |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:40 - Feb 6 by monmouth |
Well....they also agreed a deal with the Trust (offered freely by them) which, at the time was hugely weighted in their favour and then they unilaterally reneged on it. They are wholly 100% untrustworthy. Would you trust someone that agreed a deal with you and then simply weaseled out if they offered another load of pie in the sky?
Our only hope with these guys is very simple, and that is that our club's interests are aligned with their asset's financial interests. That is why I actually believe the September statement. It does align those interests. In short, and this is really hard to swallow, we need to 'do a Cardiff', but with better football. |
Swansea will have to go out and find a Vincent Tan and there are not many like him about in this Workd
As for the football
You couldn’t have watching the last two years of Swansea in the Premier League to have said better football, or are you another that likes watching paint dry | | | |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:52 - Feb 6 with 1841 views | monmouth |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:50 - Feb 6 by valleyboy |
Swansea will have to go out and find a Vincent Tan and there are not many like him about in this Workd
As for the football
You couldn’t have watching the last two years of Swansea in the Premier League to have said better football, or are you another that likes watching paint dry |
I'm looking forward mate, and judging it on what we are trying to do this year. | |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:52 - Feb 6 with 1841 views | Swanseaman |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:40 - Feb 6 by monmouth |
Well....they also agreed a deal with the Trust (offered freely by them) which, at the time was hugely weighted in their favour and then they unilaterally reneged on it. They are wholly 100% untrustworthy. Would you trust someone that agreed a deal with you and then simply weaseled out if they offered another load of pie in the sky?
Our only hope with these guys is very simple, and that is that our club's interests are aligned with their asset's financial interests. That is why I actually believe the September statement. It does align those interests. In short, and this is really hard to swallow, we need to 'do a Cardiff', but with better football. |
I think that in order to make the sale between Jenkins and the Yanks legal (follow procedure), they had to make an offer to all shareholders (inc the trust) to buy their shares.
There may have been no real intention to buy them at all. Whatever the reason, the way the trust was treated was terrible. |  |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 12:34 - Feb 6 with 1767 views | Dewi1jack |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 14:42 - Feb 4 by _ |
So on that basis why would the Trust be so bullish in demanding player acquisitions?
Is that gross negligence on their behalf? [Post edited 4 Feb 2019 15:02]
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Following the same business strategy even though it's been proved to fail on a twice yearly basis over 3 or 4 years is gross negligence.
Misleading shareholders is gross negligence.
Yet gets defended on here regularly
And I'm in the camp of cutting wages firstly, selling players and laying staff off (in that order) in order to keep the club going.
Not sure about financing it to the hilt to keep it going
Maybe at that point it would be better to start afresh. |  |
| If you wake up breathing, thats a good start to your day and you'll make many thousands of people envious. |
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| (No subject) (n/t) on 13:08 - Feb 6 with 1716 views | cymrojack |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 12:34 - Feb 6 by Dewi1jack |
Following the same business strategy even though it's been proved to fail on a twice yearly basis over 3 or 4 years is gross negligence.
Misleading shareholders is gross negligence.
Yet gets defended on here regularly
And I'm in the camp of cutting wages firstly, selling players and laying staff off (in that order) in order to keep the club going.
Not sure about financing it to the hilt to keep it going
Maybe at that point it would be better to start afresh. |
[Post edited 10 Jun 2021 12:13]
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| Gwynedd & Swansea - Veteran of Morriston Boys Club |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 14:34 - Feb 6 with 1622 views | valleyboy |
| (No subject) (n/t) on 13:08 - Feb 6 by cymrojack |
[Post edited 10 Jun 2021 12:13]
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Why don’t you put your data up on here, so everyone can see where you intend to cut costs
Or this is something you have picked out of the sky
There’s not many Championship clubs working below a £29 million wage bill at the moment | | | |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 14:58 - Feb 6 with 1588 views | jasper_T |
16-17 figures (some clubs have released last seasons accounts but I don't have a link to hand). | | | |
| (No subject) (n/t) on 16:56 - Feb 6 with 1491 views | cymrojack |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 14:34 - Feb 6 by valleyboy |
Why don’t you put your data up on here, so everyone can see where you intend to cut costs
Or this is something you have picked out of the sky
There’s not many Championship clubs working below a £29 million wage bill at the moment |
[Post edited 10 Jun 2021 12:13]
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| Gwynedd & Swansea - Veteran of Morriston Boys Club |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 17:01 - Feb 6 with 1483 views | Shaky |
| (No subject) (n/t) on 16:56 - Feb 6 by cymrojack |
[Post edited 10 Jun 2021 12:13]
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So unlike the Trust you know individual players' salaries?
Where did you get that data from? |  |
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| (No subject) (n/t) on 17:18 - Feb 6 with 1438 views | cymrojack |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 17:01 - Feb 6 by Shaky |
So unlike the Trust you know individual players' salaries?
Where did you get that data from? |
[Post edited 10 Jun 2021 12:14]
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| Gwynedd & Swansea - Veteran of Morriston Boys Club |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 17:21 - Feb 6 with 1429 views | Shaky |
| (No subject) (n/t) on 17:18 - Feb 6 by cymrojack |
[Post edited 10 Jun 2021 12:14]
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Hmmmm. | |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 18:13 - Feb 6 with 1379 views | waynekerr55 |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 17:21 - Feb 6 by Shaky |
Hmmmm. |
Payroll
On
The |  |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 18:41 - Feb 6 with 1342 views | valleyboy |
| (No subject) (n/t) on 16:56 - Feb 6 by cymrojack |
[Post edited 10 Jun 2021 12:13]
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If I was you I’d wail until the Balance Sheet comes out in the next couple of weeks
I’m sure Shaky will be looking at in detail and will give you and all the other posters a vey good idea in what sort of position Swansea City AFC is in
Yes I have a suspicion that the wage bill will go below the £29million, but will be at a cost
In other words a club that will be unrecognisable even from this season | | | |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 18:46 - Feb 6 with 1338 views | ScottishEddie |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 10:40 - Feb 6 by monmouth |
Well....they also agreed a deal with the Trust (offered freely by them) which, at the time was hugely weighted in their favour and then they unilaterally reneged on it. They are wholly 100% untrustworthy. Would you trust someone that agreed a deal with you and then simply weaseled out if they offered another load of pie in the sky?
Our only hope with these guys is very simple, and that is that our club's interests are aligned with their asset's financial interests. That is why I actually believe the September statement. It does align those interests. In short, and this is really hard to swallow, we need to 'do a Cardiff', but with better football. |
The best thing the Yanks did was reneg on that deal! | |
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| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 18:57 - Feb 6 with 1311 views | Jonathans_coat |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 18:46 - Feb 6 by ScottishEddie |
The best thing the Yanks did was reneg on that deal! |
Interesting point of view. Would you care to elaborate? | | | |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 19:03 - Feb 6 with 1292 views | builthjack |
| FAO Ux and the Trust. Why have you not told everyone it sees the Accounts?? on 18:46 - Feb 6 by ScottishEddie |
The best thing the Yanks did was reneg on that deal! |
Renege - To go back on a promise, undertaking, or contract.
Liars then. |  |
| 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.
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