| Swans Trust Fan Led Review on 18:48 - Apr 4 with 955 views | builthjack |
I gave up being a member of the Trust about 4 years ago, when it was obvious that action needed taking, but none was forthcoming. |  |
| 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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| Swans Trust Fan Led Review on 19:14 - Apr 4 with 920 views | NotLoyal |
| Swans Trust Fan Led Review on 18:48 - Apr 4 by builthjack |
I gave up being a member of the Trust about 4 years ago, when it was obvious that action needed taking, but none was forthcoming. |
But most of those that were there then have relinquished all responsibility 😂 |  |
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| Swans Trust Fan Led Review on 19:17 - Apr 4 with 917 views | builthjack |
| Swans Trust Fan Led Review on 19:14 - Apr 4 by NotLoyal |
But most of those that were there then have relinquished all responsibility 😂 |
Most of them have done runners over the years | |
| 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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| Swans Trust Fan Led Review on 23:56 - Apr 4 with 827 views | ReslovenSwan1 |
The Trust can only do what it says on the tin. "Save Football in Swansea" if it can raise money. At present it does not do this.
The great demons in the narrative "The sellouts " in 2015 -2016 told them I suspect "we want to sell, how do you feel about cashing in for £10m -£15M and keeping a small holding?" They said no in 2015 which was a cop out in my view.
If they had done this they could fulfil their brief and be players of significance. Too many of the membership state "its not about the money" and this is holding them back. In 2015 they simply had no clear pathway. Either to be influential investors or to be shareholders being diluted. They have chosen to be diluted shareholders from the unsustainable 21% holding position.
The correct pathway will not be presented to the board by the fans. As has been proven. They are clueless. The pathway will be provided by a consultant experienced in these matters and conversant with the "model rules" providing two or three possible pathways for members and fans to understand and chose. These option may include the need to convert to a new constitution.
I would favour a money based investment group investing in the club and global investment vehicles. |  |
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| Swans Trust Fan Led Review on 07:11 - Apr 5 with 770 views | Chief |
| Swans Trust Fan Led Review on 23:56 - Apr 4 by ReslovenSwan1 |
The Trust can only do what it says on the tin. "Save Football in Swansea" if it can raise money. At present it does not do this.
The great demons in the narrative "The sellouts " in 2015 -2016 told them I suspect "we want to sell, how do you feel about cashing in for £10m -£15M and keeping a small holding?" They said no in 2015 which was a cop out in my view.
If they had done this they could fulfil their brief and be players of significance. Too many of the membership state "its not about the money" and this is holding them back. In 2015 they simply had no clear pathway. Either to be influential investors or to be shareholders being diluted. They have chosen to be diluted shareholders from the unsustainable 21% holding position.
The correct pathway will not be presented to the board by the fans. As has been proven. They are clueless. The pathway will be provided by a consultant experienced in these matters and conversant with the "model rules" providing two or three possible pathways for members and fans to understand and chose. These option may include the need to convert to a new constitution.
I would favour a money based investment group investing in the club and global investment vehicles. |
- The trust's brief was not to sell to unsuitable sellers. Moore's and Noell offered up inappropriate information and thus the trust decided not to sell to them. So anything you say about them gaining finds from that sale and what they could have done with it is wholly irrelevant.
- 'the fans are clueless'. Don't you claim to be one?
- I'm sure you would prefer a money based investment group - but that's not a supporters trust nor is it realistically possible for the current supporters trust to be that with the constraints it's under and the lack of funds it has due to being excluded from the later sale. Maybe Winter could sanction the creation of one as part of the club if it's such a great idea.
Not sure what any of this has to do with this fan led review thing mind. |  |
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| Swans Trust Fan Led Review on 08:54 - Apr 5 with 722 views | 73__73 |
| Swans Trust Fan Led Review on 23:56 - Apr 4 by ReslovenSwan1 |
The Trust can only do what it says on the tin. "Save Football in Swansea" if it can raise money. At present it does not do this.
The great demons in the narrative "The sellouts " in 2015 -2016 told them I suspect "we want to sell, how do you feel about cashing in for £10m -£15M and keeping a small holding?" They said no in 2015 which was a cop out in my view.
If they had done this they could fulfil their brief and be players of significance. Too many of the membership state "its not about the money" and this is holding them back. In 2015 they simply had no clear pathway. Either to be influential investors or to be shareholders being diluted. They have chosen to be diluted shareholders from the unsustainable 21% holding position.
The correct pathway will not be presented to the board by the fans. As has been proven. They are clueless. The pathway will be provided by a consultant experienced in these matters and conversant with the "model rules" providing two or three possible pathways for members and fans to understand and chose. These option may include the need to convert to a new constitution.
I would favour a money based investment group investing in the club and global investment vehicles. |
I said years ago the trust should sell up whilst the Swans were flying high in the PL.
It’s a bit like waiting for the roof off your house to blow and still expecting the price pre roof blowing off. [Post edited 5 Apr 2022 16:02]
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| Swans Trust Fan Led Review on 15:55 - Apr 5 with 662 views | ReslovenSwan1 |
| Swans Trust Fan Led Review on 07:11 - Apr 5 by Chief |
- The trust's brief was not to sell to unsuitable sellers. Moore's and Noell offered up inappropriate information and thus the trust decided not to sell to them. So anything you say about them gaining finds from that sale and what they could have done with it is wholly irrelevant.
- 'the fans are clueless'. Don't you claim to be one?
- I'm sure you would prefer a money based investment group - but that's not a supporters trust nor is it realistically possible for the current supporters trust to be that with the constraints it's under and the lack of funds it has due to being excluded from the later sale. Maybe Winter could sanction the creation of one as part of the club if it's such a great idea.
Not sure what any of this has to do with this fan led review thing mind. |
I regard the previous management of the Trust as unsuitable owners. They sold a fake narrative and after 6 years their failed strategy evaporated.
Those people who turned the fans against previous and current owners have disappeared. They dragged out everyone' s "15 minutes " of fame for 6 years. The toxic legacy persists but is waning thankfully. They were intent on suing the clubs owners who had lent money to the club at preferential rates (1% less than inflation) and were prepared to share the spoils 50:50 with English financiers and insurers. The owners do not even want the money back.
It is incredible fans went along with this. I am proud I told the fans the grim reality over the last 7-8 years. Well done Silverstein for sorting out the mess left behind.
The Trust cannot have money if it cannot manage big funds. Everyone's money is declining 6% per year. Holding £880,000 at 0.15% is bonkers. That is a 5.85% loss per annum. £51,000 a year or £4300 a month. Thank goodness they did not get hold of £10.5m with no investment plan.
You can be sue at the next Trust meeting no one will be talking about Inflation. This is because the members are 'clueless'. It is the elephant in the room. | |
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| Swans Trust Fan Led Review on 16:46 - Apr 5 with 634 views | Chief |
| Swans Trust Fan Led Review on 15:55 - Apr 5 by ReslovenSwan1 |
I regard the previous management of the Trust as unsuitable owners. They sold a fake narrative and after 6 years their failed strategy evaporated.
Those people who turned the fans against previous and current owners have disappeared. They dragged out everyone' s "15 minutes " of fame for 6 years. The toxic legacy persists but is waning thankfully. They were intent on suing the clubs owners who had lent money to the club at preferential rates (1% less than inflation) and were prepared to share the spoils 50:50 with English financiers and insurers. The owners do not even want the money back.
It is incredible fans went along with this. I am proud I told the fans the grim reality over the last 7-8 years. Well done Silverstein for sorting out the mess left behind.
The Trust cannot have money if it cannot manage big funds. Everyone's money is declining 6% per year. Holding £880,000 at 0.15% is bonkers. That is a 5.85% loss per annum. £51,000 a year or £4300 a month. Thank goodness they did not get hold of £10.5m with no investment plan.
You can be sue at the next Trust meeting no one will be talking about Inflation. This is because the members are 'clueless'. It is the elephant in the room. |
Zero reference to my points there then. You've evidently fallen back into bot mode and refuse to engage when challenged.
This has all been completely disproved many times.
Has the debt / loaned been converted then? Wasn't aware of that. | |
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| Swans Trust Fan Led Review on 16:54 - Apr 5 with 629 views | vetchonian |
| Swans Trust Fan Led Review on 15:55 - Apr 5 by ReslovenSwan1 |
I regard the previous management of the Trust as unsuitable owners. They sold a fake narrative and after 6 years their failed strategy evaporated.
Those people who turned the fans against previous and current owners have disappeared. They dragged out everyone' s "15 minutes " of fame for 6 years. The toxic legacy persists but is waning thankfully. They were intent on suing the clubs owners who had lent money to the club at preferential rates (1% less than inflation) and were prepared to share the spoils 50:50 with English financiers and insurers. The owners do not even want the money back.
It is incredible fans went along with this. I am proud I told the fans the grim reality over the last 7-8 years. Well done Silverstein for sorting out the mess left behind.
The Trust cannot have money if it cannot manage big funds. Everyone's money is declining 6% per year. Holding £880,000 at 0.15% is bonkers. That is a 5.85% loss per annum. £51,000 a year or £4300 a month. Thank goodness they did not get hold of £10.5m with no investment plan.
You can be sue at the next Trust meeting no one will be talking about Inflation. This is because the members are 'clueless'. It is the elephant in the room. |
I wont tell you what I really think about the previous sowners who sold a fake narative about
"by the fans for the fans"
Lining their pockets then selling without really doing any real due dilligence | |
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| Swans Trust Fan Led Review on 16:58 - Apr 5 with 626 views | Chief |
| Swans Trust Fan Led Review on 16:54 - Apr 5 by vetchonian |
I wont tell you what I really think about the previous sowners who sold a fake narative about
"by the fans for the fans"
Lining their pockets then selling without really doing any real due dilligence |
Amazing that Resloven has the temerity to accuse someone else of forwarding 'fake narratives' while simultaneously lauding the sellouts. | |
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| Swans Trust Fan Led Review on 18:01 - Apr 5 with 597 views | ReslovenSwan1 |
| Swans Trust Fan Led Review on 16:54 - Apr 5 by vetchonian |
I wont tell you what I really think about the previous sowners who sold a fake narative about
"by the fans for the fans"
Lining their pockets then selling without really doing any real due dilligence |
The sellers did a real good job find real good owners. Levien and Kaplan. Your thoughts are worthless to me as you are one of the 1000s of fan who are in my opinion "clueless".
You waited 6 years for a court case which never happened. The case would have enriched people from south east England and impoverished Swansea city as they had to repay the Convertible loan note. I explained it time after time but it was not understood by the "clueless". All the excuses you lapped up year on year. "We should hear something in the next week or two".
The Welsh people involved could not sort out their differences so shrewd business folk brought in a US business net worker who good to the crux of the matter and ended the nonsense with a deal after taking a family break in Swansea. Bravo to him. He also outlined very clearly his commitment to the club.
When will the loan be converted to shares? I do not worry about it. It will happen because I looked at Silverstein and believe in him. He is still involved in the club. Levien and Kaplan trust him so much that they have given him a place on the board while owning no shares. The loan note has a finite end date. This is when it will be converted most probably. There will need to be some work to establish the golden 5% in the Trust's name.
Burnley were sold and incorporated £70 million in debts from the owners onto the club as part of a leveraged buy out. Charged at 9% interest by the Dell corporation. Swansea debts to the owners in the sale £0. BFC could be in a spot of bother if and when relegated.
The fans group (set up to protect football in Swansea) never saw relegation coming when every body else did never saw Covid either which is understandable. No provisions for a rainy day. (due diligence absent) When Swansea was skint after Covid they were nowhere to be seen still skint after 20 years of the greatest era in Swansea's era. Due diligence is a phrase they love. 6 years of due diligence got them nowhere.
The club was bailed out by the "sellouts" and the "Yankees". The Trust were no use at all and made no effort to join the loan note. Worth £21m in 2015. Their perforamce at that time was poor. No one is interested in excuses. | |
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| Swans Trust Fan Led Review on 18:18 - Apr 5 with 594 views | Chief |
| Swans Trust Fan Led Review on 18:01 - Apr 5 by ReslovenSwan1 |
The sellers did a real good job find real good owners. Levien and Kaplan. Your thoughts are worthless to me as you are one of the 1000s of fan who are in my opinion "clueless".
You waited 6 years for a court case which never happened. The case would have enriched people from south east England and impoverished Swansea city as they had to repay the Convertible loan note. I explained it time after time but it was not understood by the "clueless". All the excuses you lapped up year on year. "We should hear something in the next week or two".
The Welsh people involved could not sort out their differences so shrewd business folk brought in a US business net worker who good to the crux of the matter and ended the nonsense with a deal after taking a family break in Swansea. Bravo to him. He also outlined very clearly his commitment to the club.
When will the loan be converted to shares? I do not worry about it. It will happen because I looked at Silverstein and believe in him. He is still involved in the club. Levien and Kaplan trust him so much that they have given him a place on the board while owning no shares. The loan note has a finite end date. This is when it will be converted most probably. There will need to be some work to establish the golden 5% in the Trust's name.
Burnley were sold and incorporated £70 million in debts from the owners onto the club as part of a leveraged buy out. Charged at 9% interest by the Dell corporation. Swansea debts to the owners in the sale £0. BFC could be in a spot of bother if and when relegated.
The fans group (set up to protect football in Swansea) never saw relegation coming when every body else did never saw Covid either which is understandable. No provisions for a rainy day. (due diligence absent) When Swansea was skint after Covid they were nowhere to be seen still skint after 20 years of the greatest era in Swansea's era. Due diligence is a phrase they love. 6 years of due diligence got them nowhere.
The club was bailed out by the "sellouts" and the "Yankees". The Trust were no use at all and made no effort to join the loan note. Worth £21m in 2015. Their perforamce at that time was poor. No one is interested in excuses. |
Another monologue, completely ignoring other poster's points.
Not reading that but I did spot Burnley in there.
So whoever had that in the bingo please go the front and collect your prize. | |
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| Swans Trust Fan Led Review on 00:11 - Apr 6 with 499 views | ReslovenSwan1 |
| Swans Trust Fan Led Review on 18:18 - Apr 5 by Chief |
Another monologue, completely ignoring other poster's points.
Not reading that but I did spot Burnley in there.
So whoever had that in the bingo please go the front and collect your prize. |
You used to go point by point through my posts but have lost you mojo now you do not have any reason to help build up the pension pots for the wealthy of Surrey and home counties it seems. They had a nice £10,500,000 pay day until Jake Silverstein offered the Trust a way out. You seem such a good Cymru patriot in other aspects to be fair to you. [Post edited 6 Apr 2022 0:12]
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