| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 10:22 - Jan 2 with 2776 views | sixpenses |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:30 - Jan 1 by exiledclaseboy |
You hear a lot of things that turn out to be nonsense thought, don't you?
How did you get on finding the post that said that the Trust board had said that there'd be no vote of the members on any investment/sale offer? |
And if you had bothered to read the short post you responded to you would have seen that this was clearly a quote from someone else earlier in the thread.
Still I suppose you were too keen to get in your latest little dig at another poster as usual facts do not bother you too much, despite the serious irony given your own past behaviour.
Shame you used to be quite an interesting poster
I imagine TDH should not hold his breath for an apology from you. |  | |  |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 10:34 - Jan 2 with 2755 views | Shonky |
"Still I suppose you were too keen to get in your latest little dig at another poster as usual facts do not bother you too much, despite the serious irony given your own past behaviour."
He said, overtly keen to get in his latest little dig at another poster. |  |
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 11:14 - Jan 2 with 2731 views | tomdickharry |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 10:22 - Jan 2 by sixpenses |
And if you had bothered to read the short post you responded to you would have seen that this was clearly a quote from someone else earlier in the thread.
Still I suppose you were too keen to get in your latest little dig at another poster as usual facts do not bother you too much, despite the serious irony given your own past behaviour.
Shame you used to be quite an interesting poster
I imagine TDH should not hold his breath for an apology from you. |
Thanks for that. | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:51 - Jan 2 with 2657 views | 3swan |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 22:15 - Jan 1 by Uxbridge |
Actually I thought it was 650k but immaterial really. Point still stands. |
Agree with your point, but at £850k plus another dividend payout, we could afford to buy another 1% stake
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:54 - Jan 2 with 2651 views | jackonicko |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:51 - Jan 2 by 3swan |
Agree with your point, but at £850k plus another dividend payout, we could afford to buy another 1% stake
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I guess the question is whether it is a good use of trust funds to spend £850k to add less than 1%. The trust doesnt get any substantive benefit from being a 21.9% shareholder rather than a 21.05% holder, but has just spent £850k of precious funds to do so. |  | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:57 - Jan 2 with 2648 views | 3swan |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:54 - Jan 2 by jackonicko |
I guess the question is whether it is a good use of trust funds to spend £850k to add less than 1%. The trust doesnt get any substantive benefit from being a 21.9% shareholder rather than a 21.05% holder, but has just spent £850k of precious funds to do so. |
Agree
It was slightly tongue in cheek hence the | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:59 - Jan 2 with 2643 views | Uxbridge |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:51 - Jan 2 by 3swan |
Agree with your point, but at £850k plus another dividend payout, we could afford to buy another 1% stake
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It's a good question and one I've given some thought to as well. Personally I wouldn't see spending the entire pot on less than 1% of the club as being in the Trust's best interests at this time. The current pot for example has enable the Trust to appoint legal counsel for example, and who knows what may be required in the future.
If it was a greater percentage, such as 4% to get us over the 25% threshold then it would become a different question for me. |  |
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:02 - Jan 2 with 2633 views | 3swan |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 13:59 - Jan 2 by Uxbridge |
It's a good question and one I've given some thought to as well. Personally I wouldn't see spending the entire pot on less than 1% of the club as being in the Trust's best interests at this time. The current pot for example has enable the Trust to appoint legal counsel for example, and who knows what may be required in the future.
If it was a greater percentage, such as 4% to get us over the 25% threshold then it would become a different question for me. |
Agee on the 25%, as you will see with my reply above while you were typing your reply
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:08 - Jan 2 with 2620 views | Uxbridge |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:02 - Jan 2 by 3swan |
Agee on the 25%, as you will see with my reply above while you were typing your reply
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 Too slow. Don't say it ... | |
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:10 - Jan 2 with 2607 views | 3swan |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:08 - Jan 2 by Uxbridge |
Too slow. Don't say it ... |
Wouldn't dream of it  | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:46 - Jan 2 with 2577 views | Phil_S |
Not sure where the £850k came from - the exact figure I cannot quote but it is <£650k |  | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 15:36 - Jan 2 with 2534 views | sixpenses |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 10:34 - Jan 2 by Shonky |
"Still I suppose you were too keen to get in your latest little dig at another poster as usual facts do not bother you too much, despite the serious irony given your own past behaviour."
He said, overtly keen to get in his latest little dig at another poster. |
Merely a padawan to your jedi master
Less of a dig more pointing out ECBs error and the unfairness of incorrectly using his own error to launch an attack on another poster - but obviously no place for fairness here just egos, pomp and self deception for some it seems
hmmm nothing new then | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 16:39 - Jan 2 with 2475 views | DaveToronto |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 09:27 - Jan 2 by Uxbridge |
The Trust have just shy of 200k of the 950k of shares issued. There is no unissued share capital. The offer mentioned is your latter example regarding a sale of existing stock, and thus no capital injection into the club.
You could have read the thread mun! |
Appologies. 950k is correct, | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 18:14 - Jan 2 with 2420 views | wetjack |
Notrac has gone very quiet on this thread - looks like he has been called out quite well by Uxbridge
How many of the shareholders are looking to sell anyway? | |
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 18:19 - Jan 2 with 2412 views | ItchySphincter |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 15:36 - Jan 2 by sixpenses |
Merely a padawan to your jedi master
Less of a dig more pointing out ECBs error and the unfairness of incorrectly using his own error to launch an attack on another poster - but obviously no place for fairness here just egos, pomp and self deception for some it seems
hmmm nothing new then |
This is an important thread mun. Don't turn it into another attention seeking whiney Sprout fest. |  |
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 18:23 - Jan 2 with 2403 views | jackonicko |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 18:14 - Jan 2 by wetjack |
Notrac has gone very quiet on this thread - looks like he has been called out quite well by Uxbridge
How many of the shareholders are looking to sell anyway? |
Not the first time it's happened, either
http://www.fansnetwork.co.uk/football/swanseacity/forum/132691/please-dont-let-t | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 19:10 - Jan 2 with 2377 views | 3swan |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:46 - Jan 2 by Phil_S |
Not sure where the £850k came from - the exact figure I cannot quote but it is <£650k |
It was from memory (don't go there)
Unless I'm reading it wrongly the Trust Accounts show Shareholders Fund of £871k
http://www.swanstrust.co.uk/wp-content/uploads/2014/07/Trust-Audited-Accounts-Ma | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 19:32 - Jan 2 with 2353 views | Phil_S |
Cant see the accounts on here but does that not include the £200k already invested? | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 19:47 - Jan 2 with 2339 views | 3swan |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 19:32 - Jan 2 by Phil_S |
Cant see the accounts on here but does that not include the £200k already invested? |
Not if I'm reading it correctly - remember I'm Manufacturing not Finance
£671k Current Assets
£200k invested
Balance @ 31st May 2014 - £871,008 | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 19:51 - Jan 2 with 2328 views | 3swan |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 19:47 - Jan 2 by 3swan |
Not if I'm reading it correctly - remember I'm Manufacturing not Finance
£671k Current Assets
£200k invested
Balance @ 31st May 2014 - £871,008 |
Sorry brain in gear
Yes £200 already invested so Fixed assets
£671k available | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 21:16 - Jan 2 with 2278 views | sixpenses |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 18:19 - Jan 2 by ItchySphincter |
This is an important thread mun. Don't turn it into another attention seeking whiney Sprout fest. |
I agree that is why I thought it inappropriate that ECB used it as yet another opportunity to have a go at another poster, most especially when he was clearly wrong. Surprising you didn't pick that up! Actually not very surprising at all.
So actually you are doing the same, your usual whiney stalking. Shame because you are a decent poster re football when you are not having a go at me or others. So well done bringing your own trivialities into this thread and keeping it going, but I am not taking your sh1t again so the choice is yours.
Oh and "attention seeking" really! That may be your motivation but get some perspective this is an internet forum, please believe me your "attention" is most unwelcome as I have told you repeatedly in the past. | | | |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 22:54 - Jan 2 with 2229 views | ItchySphincter |
Eh?
Okay then. | |
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 12:55 - Jan 3 with 2111 views | Catullus |
Just to reaffirm the point, lets not do the arguing on this thread. Its too important to all of us genuine fans.
Also, I was one ST holder who thought trust membership was automatic. And once again I am a fully paid up member.
Out of interest, how widly known is it that membership is not automatic? Has the SWEP run a story or has any media (besides on here) mentioned this?
Because there might be a bigger uptake if more people were aware? And if there were, say 15-16000 members who voted against these investors, would the board take heed of us? | |
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| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 14:08 - Jan 3 with 2059 views | Phil_S |
| Swans Trust Q&A on potential new Shareholders in Swansea City Football Club on 12:55 - Jan 3 by Catullus |
Just to reaffirm the point, lets not do the arguing on this thread. Its too important to all of us genuine fans.
Also, I was one ST holder who thought trust membership was automatic. And once again I am a fully paid up member.
Out of interest, how widly known is it that membership is not automatic? Has the SWEP run a story or has any media (besides on here) mentioned this?
Because there might be a bigger uptake if more people were aware? And if there were, say 15-16000 members who voted against these investors, would the board take heed of us? |
Yes it was in one of the Trust talk pieces in the EP | | | |
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