| A million quid for the shareholders It's official! 15:27 - Nov 3 with 20277 views | NOTRAC |
Although the 2014 accounts have not been published and submitted to Companies House in respect of Swansea City AFC ,the Trust has just published their 2014 accounts on their new website.
From these one thing stands out.The Trust has received a further dividend for the 2014 year of £210,000 which means that a total dividend of £1m has been declared and paid to all the shareholders.
This means that for each £100,000 originally invested by each shareholder they have now received a Return of £300,000, that is, three times their original investments.
If it is true that they are also looking to sell their shares to the American investors there is only one thing that can be said about them
They are greedy bastards who are no different to Mr Petty, the man they once decried.
Surely they should now do a Mel Nurse, and gift their shares back to the club, and prove that they are men of integrity and not the crap that they appear to be turning into. |  |
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| A million quid for the shareholders It's official! on 15:15 - Nov 4 with 1235 views | monmouth |
| A million quid for the shareholders It's official! on 15:10 - Nov 4 by Uxbridge |
Aye. It's clear will need to borrow to extend the stadium. I don't see why we can't do that within the existing structure though. Maybe not easier, but still. |
That's effectively what I meant, in a lot less words! |  |
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| A million quid for the shareholders It's official! on 15:16 - Nov 4 with 1229 views | _ |
| A million quid for the shareholders It's official! on 15:10 - Nov 4 by Uxbridge |
Aye. It's clear will need to borrow to extend the stadium. I don't see why we can't do that within the existing structure though. Maybe not easier, but still. |
I think we could - if that's what they would have wanted to do.
And I think this could have happened before now. But again, it's not been forthcoming.
Why though? Perhaps because stadium expansion wouldn't have meant SCFC would have been valued as a proposition for takeover any higher than what it is now - without expansion.
Therefore not in the Directors interest to expand?! |  |
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| A million quid for the shareholders It's official! on 15:19 - Nov 4 with 1217 views | Darran |
I've just been told that tickets for the next Fans Forum are selling well we don't want anyone missing out like. |  |
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| A million quid for the shareholders It's official! on 15:21 - Nov 4 with 1196 views | _ |
| A million quid for the shareholders It's official! on 15:19 - Nov 4 by Darran |
I've just been told that tickets for the next Fans Forum are selling well we don't want anyone missing out like. |
Can we remove childish jibes like this and like the last one's he made?
Is everyone bored to tears of the likes of Darran now when we can enjoy good, honest debate? | |
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| A million quid for the shareholders It's official! on 15:21 - Nov 4 with 1196 views | Uxbridge |
| A million quid for the shareholders It's official! on 15:15 - Nov 4 by monmouth |
That's effectively what I meant, in a lot less words! |
I should have just written "I agree" really  |  |
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| A million quid for the shareholders It's official! on 15:23 - Nov 4 with 1188 views | Uxbridge |
| A million quid for the shareholders It's official! on 15:16 - Nov 4 by _ |
I think we could - if that's what they would have wanted to do.
And I think this could have happened before now. But again, it's not been forthcoming.
Why though? Perhaps because stadium expansion wouldn't have meant SCFC would have been valued as a proposition for takeover any higher than what it is now - without expansion.
Therefore not in the Directors interest to expand?! |
Actually an expanded stadium would probably have been an asset for the club in some form, so it would have been a factor. However I reckon the TV deals are the biggest driver in terms of any valuation, particularly future growth. | |
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| A million quid for the shareholders It's official! on 15:26 - Nov 4 with 1176 views | Phil_S |
| A million quid for the shareholders It's official! on 14:50 - Nov 4 by _ |
In true spirit of this thread Sumble Bee....
Who profits from this book....?? ;-) |
All sale proceeds go direct into Trust funds
This was a labour of love for me! |  | | |
| A million quid for the shareholders It's official! on 15:28 - Nov 4 with 1163 views | Darran |
| A million quid for the shareholders It's official! on 15:21 - Nov 4 by _ |
Can we remove childish jibes like this and like the last one's he made?
Is everyone bored to tears of the likes of Darran now when we can enjoy good, honest debate? |
I'm not going to spoil what is a very good thread so can you stop PMing me the abuse please? | |
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| A million quid for the shareholders It's official! on 15:29 - Nov 4 with 1163 views | Phil_S |
| A million quid for the shareholders It's official! on 14:51 - Nov 4 by _ |
Oh and send one to my address then... I'll Paypal you the money (discounted of course) ;-) |
Discounted price for all
http://www.swanstrust.co.uk/shop/ | | | |
| A million quid for the shareholders It's official! on 15:29 - Nov 4 with 1158 views | Dewi1jack |
| A million quid for the shareholders It's official! on 15:08 - Nov 4 by _ |
Therefore those projects would have more interest to an investor as opposed an [expanded] stadium owned by a council?! |
Not sure if this is what you're implying (or not implying, in which case, sorry mate.)
IF the "investor" (new shareholder) ends up with a controlling interest in the business, could he actually re-lease the land at Fairwood/ Landore to Barrett or someone for housing?
Could be worth it if the land has a long lease.
Swansea council admit their skint and may just see a way to get extra taxes raised. Wouldn't put anything past that shower |  |
| 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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| A million quid for the shareholders It's official! on 15:34 - Nov 4 with 1134 views | perchrockjack |
well its pm time as Ive had two pearlers | |
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| A million quid for the shareholders It's official! on 15:45 - Nov 4 with 1113 views | londonlisa2001 |
| A million quid for the shareholders It's official! on 15:29 - Nov 4 by Dewi1jack |
Not sure if this is what you're implying (or not implying, in which case, sorry mate.)
IF the "investor" (new shareholder) ends up with a controlling interest in the business, could he actually re-lease the land at Fairwood/ Landore to Barrett or someone for housing?
Could be worth it if the land has a long lease.
Swansea council admit their skint and may just see a way to get extra taxes raised. Wouldn't put anything past that shower |
if we have a lease and then subbed it out, the council wouldn't gain anything, so there's nothing in it for them to allow a change of use / planning etc etc.
The Fairwood development is in conjunction with the University as well isn't it?
In some ways, the council's ownership of the stadium also protects us from ridiculous behaviour (of the tearing it down and building shops there type stuff), although this would be incredibly unlikely anyway. What other developments could you possibly put in Swansea that would result in £100m pa income.
I think we need to be a little controlled in speculation as to what people are trying to do here. Getting their hands on TV income and the commercial income from football as the game becomes increasingly global, and particularly, a bigger deal in the US is surely the prize here rather than some sort of weird land speculations. When you're talking Chelsea, with prime West London land banks, that's one matter, a Swansea out of town land bank is quite a different thing and certainly not something anyone would pay tens of millions to get their hands on. | | | |
| A million quid for the shareholders It's official! on 15:46 - Nov 4 with 1107 views | _ |
| A million quid for the shareholders It's official! on 15:29 - Nov 4 by Dewi1jack |
Not sure if this is what you're implying (or not implying, in which case, sorry mate.)
IF the "investor" (new shareholder) ends up with a controlling interest in the business, could he actually re-lease the land at Fairwood/ Landore to Barrett or someone for housing?
Could be worth it if the land has a long lease.
Swansea council admit their skint and may just see a way to get extra taxes raised. Wouldn't put anything past that shower |
If our investor effectively buys the club, lock, stock and barrel, he'd have carte blanche to do what he liked with any asset owned within it. For example, would you trust Vincent Tan to not implode and do something despicable to the scum? Well, we can only hope there, but still, you get my drift ;-)
I'm not saying specifically that's what an investor that the current board of directors would be keen on speaking to would do, far from it. I'm just commenting on the projects we have undertaken (Landore/Fairwood) have added more value to SCFC than a stadium expansion would. | |
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| A million quid for the shareholders It's official! on 15:54 - Nov 4 with 1078 views | 3swan |
A great thread.
A question I did ask what seems an age ago, but haven't seen it mentioned.........sorry if it has.
Although no offer on the table, is the general feeling that it will be buying existing shares not owned by current shareholders (share issue), so diluting each shareholder and then money going into the club? Or the buying out of current shareholders, so no money for the club.
Maybe a bit of both? | | | |
| A million quid for the shareholders It's official! on 15:56 - Nov 4 with 1067 views | perchrockjack |
Holy MARY ,Mother of God, I agree with seco9nd coming so Im out of here | |
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| A million quid for the shareholders It's official! on 15:59 - Nov 4 with 1056 views | Uxbridge |
| A million quid for the shareholders It's official! on 15:54 - Nov 4 by 3swan |
A great thread.
A question I did ask what seems an age ago, but haven't seen it mentioned.........sorry if it has.
Although no offer on the table, is the general feeling that it will be buying existing shares not owned by current shareholders (share issue), so diluting each shareholder and then money going into the club? Or the buying out of current shareholders, so no money for the club.
Maybe a bit of both? |
The latter. | |
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| A million quid for the shareholders It's official! on 16:02 - Nov 4 with 1045 views | Davillin |
| A million quid for the shareholders It's official! on 08:06 - Nov 4 by monmouth |
Well I for one would prefer the Trust board to take the decision. At least then I know it is being taken exclusively by long term Swansea City fans with the clubs best interest at heart.
edit - even if I were to personally disagree, the above still holds true [Post edited 4 Nov 2014 8:07]
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A wise position, but allow me just a minor quibble. The Trust Board, and only the Trust Board, can legally take the decision. As only they can take ALL decisions for the Trust. [That's another excellent reason for you to join. You then can vote for board members you prefer, and run for a position on the board yourself.]
I believe that what Mr Sumbler is saying is that if this develops to the point where the Trust must make a decision, it would be wise to hear from members first. They have no legal obligation to do so, but they're smarter than that.
The other extremely important point that he has made is that Trust members would have to be fully and competently advised of the important facets of the situation; and the Trust would do that. |  |
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| A million quid for the shareholders It's official! on 16:22 - Nov 4 with 996 views | monmouth |
| A million quid for the shareholders It's official! on 16:02 - Nov 4 by Davillin |
A wise position, but allow me just a minor quibble. The Trust Board, and only the Trust Board, can legally take the decision. As only they can take ALL decisions for the Trust. [That's another excellent reason for you to join. You then can vote for board members you prefer, and run for a position on the board yourself.]
I believe that what Mr Sumbler is saying is that if this develops to the point where the Trust must make a decision, it would be wise to hear from members first. They have no legal obligation to do so, but they're smarter than that.
The other extremely important point that he has made is that Trust members would have to be fully and competently advised of the important facets of the situation; and the Trust would do that. |
Aye, I suppose what I mean is I would prefer the Trust Board not to feel bound by a vote of the membership, as the constitution of that membership might become, lets say, a little fluid when it comes to the crunch. The Board we know have been there throughout and have no agenda beyond the longer term good of the club.
Consultation is certainly right and proper. | |
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| A million quid for the shareholders It's official! on 16:24 - Nov 4 with 987 views | Phil_S |
| A million quid for the shareholders It's official! on 08:06 - Nov 4 by monmouth |
Well I for one would prefer the Trust board to take the decision. At least then I know it is being taken exclusively by long term Swansea City fans with the clubs best interest at heart.
edit - even if I were to personally disagree, the above still holds true [Post edited 4 Nov 2014 8:07]
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I missed this one earlier, an interesting viewpoint - why would you rather it was taken at Trust board level rather than after consultation with the fans? | | | |
| A million quid for the shareholders It's official! on 16:25 - Nov 4 with 985 views | Phil_S |
| A million quid for the shareholders It's official! on 16:22 - Nov 4 by monmouth |
Aye, I suppose what I mean is I would prefer the Trust Board not to feel bound by a vote of the membership, as the constitution of that membership might become, lets say, a little fluid when it comes to the crunch. The Board we know have been there throughout and have no agenda beyond the longer term good of the club.
Consultation is certainly right and proper. |
Apologies, should have read this response before posting my one before it
Question answered!! | | | |
| A million quid for the shareholders It's official! on 16:27 - Nov 4 with 980 views | Phil_S |
| A million quid for the shareholders It's official! on 16:02 - Nov 4 by Davillin |
A wise position, but allow me just a minor quibble. The Trust Board, and only the Trust Board, can legally take the decision. As only they can take ALL decisions for the Trust. [That's another excellent reason for you to join. You then can vote for board members you prefer, and run for a position on the board yourself.]
I believe that what Mr Sumbler is saying is that if this develops to the point where the Trust must make a decision, it would be wise to hear from members first. They have no legal obligation to do so, but they're smarter than that.
The other extremely important point that he has made is that Trust members would have to be fully and competently advised of the important facets of the situation; and the Trust would do that. |
Pretty much word for word spot on.
No in fact completely word for word spot on | | | |
| A million quid for the shareholders It's official! on 16:28 - Nov 4 with 976 views | londonlisa2001 |
| A million quid for the shareholders It's official! on 16:24 - Nov 4 by Phil_S |
I missed this one earlier, an interesting viewpoint - why would you rather it was taken at Trust board level rather than after consultation with the fans? |
because some of our fans are complete nutcases :-) | | | |
| A million quid for the shareholders It's official! on 16:35 - Nov 4 with 962 views | monmouth |
| A million quid for the shareholders It's official! on 16:28 - Nov 4 by londonlisa2001 |
because some of our fans are complete nutcases :-) |
You might think that, I couldn't possibly comment! | |
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| A million quid for the shareholders It's official! on 16:41 - Nov 4 with 939 views | Uxbridge |
| A million quid for the shareholders It's official! on 16:35 - Nov 4 by monmouth |
You might think that, I couldn't possibly comment! |
You're assuming the Trust board aren't | |
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