| From The Trust 09:59 - Jan 6 with 32411 views | Phil_S |
News from the Trust
Discussions on sale of Trust shares put on hold.
Dear Phil
We have been advised by the majority owners of Swansea City that they intend to put discussions around the sale of some of the Trust's shares to the owners of the club on hold. When informing us of this, the owners of the club cited the ongoing concerns among some Trust and Trust Board members about aspects of the share sale and also the majority owners own desire to concentrate on on-field matters.
As the mandate from Trust members to sell shares was given in July 2017 and there will now be a further delay in fulfilling that mandate, the Trust Board can confirm that a further members’ consultation will take place to ensure the Trust Board is acting on the current views of its membership on how we proceed from this point.
We will provide a further update to members as soon as possible.
Best wishes
The Swans Trust Team |  | | |  |
| From The Trust on 22:04 - Mar 17 with 1110 views | builthjack |
The old uns are the best |  |
| 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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| From The Trust on 22:14 - Mar 17 with 1107 views | Badlands |
Wasn't Pearlman an employee? |  |
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| From The Trust on 20:50 - Mar 18 with 1032 views | ReslovenSwan1 |
| From The Trust on 22:14 - Mar 17 by Badlands |
Wasn't Pearlman an employee? |
Perhaps there is some crasy idea the Pearlman got paid and returned half his pay to the ownership group as some cunning plan. I think the probably have better things to do to make a crust than that. |  |
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| From The Trust on 23:53 - Mar 18 with 1004 views | Garyjack |
| From The Trust on 20:50 - Mar 18 by ReslovenSwan1 |
Perhaps there is some crasy idea the Pearlman got paid and returned half his pay to the ownership group as some cunning plan. I think the probably have better things to do to make a crust than that. |
I cannot recall anyone who does not support the current regime suggesting anything of the sort!
Interestingly it is you that bring this notion up? You've obviously given it some serious thought to post this! So well done, it's certainly got legs! £900k wages, means £450k in dividends split between the small investors would be most welcome i would have thought.
You really should involve yourself with the trust and offer your services as a forensic accountant!
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| From The Trust on 16:23 - Mar 19 with 936 views | ReslovenSwan1 |
| From The Trust on 23:53 - Mar 18 by Garyjack |
I cannot recall anyone who does not support the current regime suggesting anything of the sort!
Interestingly it is you that bring this notion up? You've obviously given it some serious thought to post this! So well done, it's certainly got legs! £900k wages, means £450k in dividends split between the small investors would be most welcome i would have thought.
You really should involve yourself with the trust and offer your services as a forensic accountant!
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The interpretation of the following text fro Nookiejack is open to question.
"The issue is what is a reasonable amount of Management Fees they can award themselves verses what level is excessive. Chris Pearlman is rumoured to be on a lucrative package - so you would expect this to be included in the total Management Fees they award themselves".
Given that Pearlman was an employee not an investor the only link between Pearlman and the owners is they have the same colour passport.
I can cerainly put them in touch with good financial advisor. Getting 0.15 % on a current account is very poor. | |
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| From The Trust on 16:31 - Mar 19 with 927 views | onehunglow |
| From The Trust on 23:53 - Mar 18 by Garyjack |
I cannot recall anyone who does not support the current regime suggesting anything of the sort!
Interestingly it is you that bring this notion up? You've obviously given it some serious thought to post this! So well done, it's certainly got legs! £900k wages, means £450k in dividends split between the small investors would be most welcome i would have thought.
You really should involve yourself with the trust and offer your services as a forensic accountant!
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Haven’t we got one is the splendid Lisa in London |  |
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| From The Trust on 17:01 - Mar 19 with 910 views | Chief |
| From The Trust on 16:23 - Mar 19 by ReslovenSwan1 |
The interpretation of the following text fro Nookiejack is open to question.
"The issue is what is a reasonable amount of Management Fees they can award themselves verses what level is excessive. Chris Pearlman is rumoured to be on a lucrative package - so you would expect this to be included in the total Management Fees they award themselves".
Given that Pearlman was an employee not an investor the only link between Pearlman and the owners is they have the same colour passport.
I can cerainly put them in touch with good financial advisor. Getting 0.15 % on a current account is very poor. |
While I don't know what Pearlmans deal was we do know at least 1 other employee of the club was on a package that wasn't straight forward wages and that was Birch. [Post edited 19 Mar 2021 17:03]
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| From The Trust on 19:57 - Mar 19 with 880 views | Garyjack |
| From The Trust on 16:23 - Mar 19 by ReslovenSwan1 |
The interpretation of the following text fro Nookiejack is open to question.
"The issue is what is a reasonable amount of Management Fees they can award themselves verses what level is excessive. Chris Pearlman is rumoured to be on a lucrative package - so you would expect this to be included in the total Management Fees they award themselves".
Given that Pearlman was an employee not an investor the only link between Pearlman and the owners is they have the same colour passport.
I can cerainly put them in touch with good financial advisor. Getting 0.15 % on a current account is very poor. |
You're no fun you're not mun. If you carry on like this i shan't be your friend anymore and will stop replying to you.
You've opened up a right can of worms here though fair play. Who'd have thought the yanks have been siphoning off money from the club via executive employees inflated wages!
Can't see them being very happy with you revealing all of this mind! I thought you were on their side?  | | | |
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| From The Trust on 20:11 - Mar 19 with 867 views | onehunglow |
So the Trust/fans win the Court case.
What then?
Anyone? | |
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