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Trust Statement regarding potential takeover of Swansea City Football Club 19:25 - Apr 9 with 43663 viewsSwansTrust

The Swansea City Supporters Trust has issued a statement regarding a potential takeover of Swansea City Football Club, which is described as imminent, according to stories in the media this evening.

http://www.swanstrust.co.uk/2016/04/09/trust-statement-regarding-potential-takeo

www.swanstrust.co.uk

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Trust Statement regarding potential takeover of Swansea City Football Club on 19:29 - Apr 10 with 2664 viewsmorningstar

Trust Statement regarding potential takeover of Swansea City Football Club on 19:24 - Apr 10 by Darran

Yes.


Do some people ever learn eh?

Only winner of Planetswans Petulant Diva award.
Poll: Southampton home next. How many points

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Trust Statement regarding potential takeover of Swansea City Football Club on 19:32 - Apr 10 with 2636 viewsDarran

Trust Statement regarding potential takeover of Swansea City Football Club on 19:29 - Apr 10 by morningstar

Do some people ever learn eh?


He's just a tw*t Gar.

The first ever recipient of a Planet Swans Lifetime Achievement Award.
Poll: Who’s got the most experts

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Trust Statement regarding potential takeover of Swansea City Football Club on 19:40 - Apr 10 with 2606 viewsmorningstar

Trust Statement regarding potential takeover of Swansea City Football Club on 19:32 - Apr 10 by Darran

He's just a tw*t Gar.


We'll have Clarence that fu**in taxi driver on here next!

Only winner of Planetswans Petulant Diva award.
Poll: Southampton home next. How many points

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Trust Statement regarding potential takeover of Swansea City Football Club on 19:42 - Apr 10 with 2592 viewsDarran

Trust Statement regarding potential takeover of Swansea City Football Club on 19:40 - Apr 10 by morningstar

We'll have Clarence that fu**in taxi driver on here next!


He's busy painting the Vetch.

The first ever recipient of a Planet Swans Lifetime Achievement Award.
Poll: Who’s got the most experts

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Trust Statement regarding potential takeover of Swansea City Football Club on 19:43 - Apr 10 with 2585 viewsmorningstar

Trust Statement regarding potential takeover of Swansea City Football Club on 19:42 - Apr 10 by Darran

He's busy painting the Vetch.



Only winner of Planetswans Petulant Diva award.
Poll: Southampton home next. How many points

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Trust Statement regarding potential takeover of Swansea City Football Club on 19:48 - Apr 10 with 2571 viewsDewi1jack

So,
Has the Trust had a run on memberships yet?
Couldn't post on the Facebook forum. Seems a lot of comments on there from worried people.
Just wondering how many are stumping up, for what feels like to me, to the upcoming war chest.
From the Trust statement

"It has become apparent though that the discussions have been taking place since December and not all shareholders have been allowed to be part of those discussions."
Reading between the lines that translates as someone deciding "let's keep a secret and screw people over."

I made my point about the film and media bollox earlier.
Still no board member is willing to put their hands up and come clean about who, where and what negotiations have taken place. Or who initiated them.
Although, when you keep major shareholders in the dark and undervalue a business, if Wathan's ready made figures are to be believed, would you expect anything else?

Question, how the lovin fuk did Wathan manage to get more info after the Chelsea game in an hour than he has all season?
Someone's fed him the bullsh1te to feed to the great unwashed.

I don't think anyone could begrudge a shareholder cashing in and making sure their family is secure money wise for all their lives. We understand. A lot of us would do the same
But be honest about it if you really do care for the club. You'll get even more respect for it. That and we can be sure you'll carry out or help the Trust carry out full due diligence

From that dick Journo's statement so obviously given to him by a seller or 2 (there's no way Wathan could ever have done investigative journalism to this degree. Or written as many articles in an hour through to 12 hrs as Walesonline have lobbed out)

"This season has suggested to some that Swansea are in need of extra investment — both on the field and off it — not available to the current board without mortgaging the club and going against their principle of never putting the club’s financial health at jeopardy."

Yes we need investment.
Financial health in jeopardy?
Exactly what's being done as it looks like the buyers just want to flip us like buying a house and doing it up for profit if DCU's fans are to be believed.

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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Trust Statement regarding potential takeover of Swansea City Football Club on 19:52 - Apr 10 with 2547 viewsIAN05

Trust Statement regarding potential takeover of Swansea City Football Club on 19:20 - Apr 10 by NeathJack

Sweet Jesus



Well if anyone was leaning towards the Americans then this should push you straight back the other way.
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Trust Statement regarding potential takeover of Swansea City Football Club on 19:54 - Apr 10 with 2532 viewsHighjack

I know a lot has been said about the timing of this announcement, but it absolutely stinks.

1: an hour after hitting 40 points thus 99.9% securing our status for next year.

2: 21 days until the next home game, so presumably they can try and force it through before we have the chance to have any sort of protest at the Liberty in front of the cameras etc.

3: 9 days after season ticket renewal deadline.

These aren't coincidences, they have kept this cloak and dagger for 4 months.

The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Poll: Should Dippy Drakeford do us all a massive favour and just bog off?

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Trust Statement regarding potential takeover of Swansea City Football Club on 19:57 - Apr 10 with 2513 viewsdougie

Trust Statement regarding potential takeover of Swansea City Football Club on 17:59 - Apr 10 by MoscowJack

Wrong....BK didn't bring these "Yanks" to the table. Maybe you're thinking of different "Yanks" but not these ones.

HJ and MM were very good friends....goodness knows what that friendship will look like after this. I've got no idea, but I wouldn't forgive someone for screwing me like this.

Re. BK - don't forget he is a rich man. LD, HJ, JvZ aren't. He doesn't NEED a deal as much as them so will also be happier to wait for the RIGHT deal, which is for a lot more than 100m that's being mentioned.

Believe me or not....your choice.....but I think it's all going to come out very, very soon anyway.


I said the ' last ' yanks. ! Katzen been looking to get out for years.

Katzen ' a very rich man ' - back that up. !

Is mm in control of his shares anymore. Maybe you know coz I reckon he may only own half of what he used to.
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Trust Statement regarding potential takeover of Swansea City Football Club on 20:03 - Apr 10 with 2491 viewsMoscowJack

Trust Statement regarding potential takeover of Swansea City Football Club on 19:57 - Apr 10 by dougie

I said the ' last ' yanks. ! Katzen been looking to get out for years.

Katzen ' a very rich man ' - back that up. !

Is mm in control of his shares anymore. Maybe you know coz I reckon he may only own half of what he used to.


You seem quite aggressive, Dougie, but I don't know why.

MM and his wife own the same percentage as they have for years and that's the way it will stay until a sale is done. The Club and Trust have been informed that his pending divorce wouldn't effect that.

BK's a wealthy man - it's not difficult to check. He's not Abramovich rich but he's probably our richest shareholder.

Poll: Simple...would you want Leon in the squad right now, if he was available?

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Trust Statement regarding potential takeover of Swansea City Football Club on 20:12 - Apr 10 with 2444 viewsexiledclaseboy

Trust Statement regarding potential takeover of Swansea City Football Club on 19:20 - Apr 10 by NeathJack

Sweet Jesus



Yeah he's very bitter about the Trust from way back. Disregard.

Poll: Tory leader

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Trust Statement regarding potential takeover of Swansea City Football Club on 20:18 - Apr 10 with 2409 viewsPhil_S

Trust Statement regarding potential takeover of Swansea City Football Club on 20:12 - Apr 10 by exiledclaseboy

Yeah he's very bitter about the Trust from way back. Disregard.


Having just completed an hour and a half online Q&A on our Facebook page, I have to say that it seems to be a minority view

And a minority view that is hampered by his belief that I take every freebie under the sun in my position (not true) and that he was removed from the Trust because of his friendship with Petty

The Egos have landed - a headline that he never forgave me for
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Trust Statement regarding potential takeover of Swansea City Football Club on 20:18 - Apr 10 with 2402 viewsdougie

Trust Statement regarding potential takeover of Swansea City Football Club on 20:03 - Apr 10 by MoscowJack

You seem quite aggressive, Dougie, but I don't know why.

MM and his wife own the same percentage as they have for years and that's the way it will stay until a sale is done. The Club and Trust have been informed that his pending divorce wouldn't effect that.

BK's a wealthy man - it's not difficult to check. He's not Abramovich rich but he's probably our richest shareholder.


Please point me in the direction where I can check Katzens wealth coz I've heard since a major fallout he hasn't got a lot.

I wonder if mm wife agrees with mm all things considered.

I fancy rob Davies to be the wealthiest shareholder. Does anyone know his stance ?

It is all suppposition .

I'm going to wait to hear from the shareholders themselves and not rumour. We are all in the dark so wasting our time assuming.
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Trust Statement regarding potential takeover of Swansea City Football Club on 20:25 - Apr 10 with 2359 viewsAngelRangelQS

Trust Statement regarding potential takeover of Swansea City Football Club on 20:18 - Apr 10 by Phil_S

Having just completed an hour and a half online Q&A on our Facebook page, I have to say that it seems to be a minority view

And a minority view that is hampered by his belief that I take every freebie under the sun in my position (not true) and that he was removed from the Trust because of his friendship with Petty

The Egos have landed - a headline that he never forgave me for


Is there any way to see the questions and answers please Phil?
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Trust Statement regarding potential takeover of Swansea City Football Club on 20:27 - Apr 10 with 2347 viewsPhil_S

Trust Statement regarding potential takeover of Swansea City Football Club on 20:25 - Apr 10 by AngelRangelQS

Is there any way to see the questions and answers please Phil?


Theyre on the Facebook group if youve got access - if not we can look to see if w ecan get screen grabs

Also on twitter with the hashtag #swanstakeover where Jim did the duty for us
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Trust Statement regarding potential takeover of Swansea City Football Club on 20:28 - Apr 10 with 2337 viewsHighjack

"It is unclear exactly what positions they would hold in any new set-up, although Jenkins could become a chief executive-cum-director"

Are we going to be branching out into porn now as well???

The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Poll: Should Dippy Drakeford do us all a massive favour and just bog off?

0
Trust Statement regarding potential takeover of Swansea City Football Club on 20:31 - Apr 10 with 2317 viewsAngelRangelQS

Trust Statement regarding potential takeover of Swansea City Football Club on 20:27 - Apr 10 by Phil_S

Theyre on the Facebook group if youve got access - if not we can look to see if w ecan get screen grabs

Also on twitter with the hashtag #swanstakeover where Jim did the duty for us


Thanks Phil. I'll look on the desktop version. Doesn't seem to show it on mobile app
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Trust Statement regarding potential takeover of Swansea City Football Club on 20:35 - Apr 10 with 2303 viewsUxbridge

Think the online sessions went well. Cap doffed to Phil and Jim.

There'll always be outliers. You can't dictate policy by them. Address anything relevant of course but some people are beyond redemption and blinded by their own grudges even at the expense of the football club they profess to support.

Blog: Whose money is it anyway?

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Trust Statement regarding potential takeover of Swansea City Football Club on 20:43 - Apr 10 with 2257 viewsjacksfullaces

time to join the Trust I reckon
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Trust Statement regarding potential takeover of Swansea City Football Club on 20:54 - Apr 10 with 2206 viewsmarchamjack

I see that JVZ has just been on twitter to post "Just to let you all know...STID"

Oh,..Dave, what's occuring?

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Trust Statement regarding potential takeover of Swansea City Football Club on 21:03 - Apr 10 with 2177 viewsmonmouth

Trust Statement regarding potential takeover of Swansea City Football Club on 20:54 - Apr 10 by marchamjack

I see that JVZ has just been on twitter to post "Just to let you all know...STID"


He's caught the clap? Bloody hell, this board dick waving stuff has gone a bit far.

Poll: TRUST MEMBERS: What DID you vote in the, um, vote

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Trust Statement regarding potential takeover of Swansea City Football Club on 21:13 - Apr 10 with 2127 viewsexhmrc1

Have the trust got any details as to the wealth of the individuals behind the takeover
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Trust Statement regarding potential takeover of Swansea City Football Club on 21:22 - Apr 10 with 2067 viewsHighjack

Trust Statement regarding potential takeover of Swansea City Football Club on 21:03 - Apr 10 by monmouth

He's caught the clap? Bloody hell, this board dick waving stuff has gone a bit far.


That's him ruled out of the cum-director position.

The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Poll: Should Dippy Drakeford do us all a massive favour and just bog off?

1
Trust Statement regarding potential takeover of Swansea City Football Club on 22:23 - Apr 10 with 1931 viewsNeiltheTaylor

Trust Statement regarding potential takeover of Swansea City Football Club on 19:20 - Apr 10 by NeathJack

Sweet Jesus



Monk lover

Joe_bradshaw -I thought the cryochamber was the new name for Cardiff's stadium.

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Trust Statement regarding potential takeover of Swansea City Football Club on 23:27 - Apr 10 with 1811 viewslondonlisa2001

Just back from weekend in Swansea with family so no opportunity to comment online as last 24 hours taken up by lots of talking about it offline!

Initial thoughts for what it's worth. There is no 'as we were' scenario now left open, as I and many others alluded to in the past few weeks, this club is being sold.

The existing status quo is untenable - no trust is left (if you'll excuse the pun) and certain shareholders just want to monetise (in many ways understandably).

If we take that as read then it only remains to see what if anything could or indeed should be done at this point.

I'm not sure that there is enough info at the moment to see whether these 'investors' are fabulous, crooks, or somewhere in between. Until they make a statement about their plans for the club who knows. I am probably at the point of thinking that we actually need to have new investment on board. We have to expand the stadium (I remain less convinced that we as a club should own it) and we also need investment in the squad. I don't think we have the money to do both things.

So surely the issue isn't investors or no investors but at this point which investors. I am saddened that the Trust has not been involved in discussions, I am sceptical that others haven't been, no matter what is being said. It is possible that those that are claiming ignorance (not the Trust) are fully aware of what's been happening but are distancing themselves from it for reasons of doubt as to suitability.

It appears to me that the Trust cannot block a sale unless the PR generated is so off putting that the investors walk away (I am using the term investors as shorthand, not indicating that investment will happen into the club itself). However, in making a pre emptive statement, certain members of the board have scuppered to at least some extent, the possibility of the Trust winning a PR battle without great difficulty.

One possibility is that the Trust could seek out a white knight, in other words, take active steps to find a more palatable investor (if these people turn out to be unpalatable).

No idea whether this is something the Trust can do practically - possibly they could, with a PR campaign.

One point I would make is this. There is NO mechanism where new owners can put money in the club without doing so by issuing new equity (which will dilute the Trust) or by way of debt. No other way exists unless people think that business men with no attachment to the club are going to put in debt and immediately write it off. So the newspaper stuff is by definition, utter bollox.

It is sad that it's ended this way. Inevitable, but sad.
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