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You cant criticise or question the current board for their commitment and hard work over the time they have been in charge.
But peoples circumstances change or they feel they cant give 100% anymore. Such is life.
The American angle is pretty much an unknown quantity. Suprised there has only been discussions with one party too - or taht we know of. Given our position, would have guessed at being more interest.
"Michu, Britton and Williams could have won 3-0 on their own. They wouldn't have required a keeper."
Current regime or American regime on 22:42 - Jan 30 by PozuelosSideys
Not as easy as that.
You cant criticise or question the current board for their commitment and hard work over the time they have been in charge.
But peoples circumstances change or they feel they cant give 100% anymore. Such is life.
The American angle is pretty much an unknown quantity. Suprised there has only been discussions with one party too - or taht we know of. Given our position, would have guessed at being more interest.
Had American investors come in '78 or '02 and taken us on the journey we've experienced / enjoyed, people would be drooling USA!
Yet, it has been achieved by our own (flawed as it may be), and we don't pay it the same recognition.
Current regime or American regime on 22:38 - Jan 30 by TNT
Having lived through the Struel, Sharpe, Lewis, Petty etc. years, Huw Jenkins and his colleagues became a breath of fresh air to me.
What we've since achieved is incredible.
Our current regime has come under some serious criticism / abuse from a section of 'supporters' (I make no apology for using that word very loosely).
The Board has been criticised for remuneration for its part in our success.
American investors seem by and large unwelcome too.
If the former decide to move on, you'll only have yourselves to blame.
[Post edited 30 Jan 2015 22:51]
The board were privileged Swansea fans who clubbed together to stop the club falling into the hands of a foreign tycoon.
They have since been remunerated to the tune of 20+ times their initial investment and seen their personal businesses boom after rewarding themselves the contracts.
They are now going to put us back in that same position of putting us in the hands of a foreign tycoon in exchange of personal windfalls.
The initial good work does not excuse further bad work. We can be appreciative of the work they have done without bestowing carte blanche to jeopardise our club on them unchallenged.
Current regime or American regime on 23:15 - Jan 30 by Parlay
The board were privileged Swansea fans who clubbed together to stop the club falling into the hands of a foreign tycoon.
They have since been remunerated to the tune of 20+ times their initial investment and seen their personal businesses boom after rewarding themselves the contracts.
They are now going to put us back in that same position of putting us in the hands of a foreign tycoon in exchange of personal windfalls.
The initial good work does not excuse further bad work. We can be appreciative of the work they have done without bestowing carte blanche to jeopardise our club on them unchallenged.
They were 'privileged'?
That's easy with hindsight.
Where were you in our hour of need?
If you are such a successful businessman in Australia, you must be well placed to outbid any American interest in your beloved Swans?
Current regime or American regime on 22:58 - Jan 30 by TNT
Had American investors come in '78 or '02 and taken us on the journey we've experienced / enjoyed, people would be drooling USA!
Yet, it has been achieved by our own (flawed as it may be), and we don't pay it the same recognition.
[Post edited 30 Jan 2015 23:13]
Absolutely right. It's pretty obvious that the vast majority of fans (me included) don't want the Americans, or anyone else, anywhere near our club. The fact is we are (mainly) locally owned, with supporter representation on the board and prudent management on and off the pitch has got us to the stage where outsiders recognise us as a mid table Premier League club. Unless we are talking Abramovich style cash, then no invester is likely to be able to move us too far forward from that.
We don't have to look to far down the road to see an example of what can happen when someone with no attachment to the club comes in and things turn sour. Yes, they have been to Wembley and had a season in the sun, but if I was a Cardiff fan, with hindsight, I think I would honestly rather rewind 15 years and watch 'my' club (as opposed to Tans/Hammmams club) at Ninian Park in league 2. They all fawned over both of them at the time though, and we would have done the same. I remember fans seriously hoping Michael Douglas and Catherine Zeta Jones would bail us out at one point.
The position we are in now though, I don't see an investor improving, but I certainly see the potential for it to go tits up.
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Current regime or American regime on 08:40 - Jan 31 with 1026 views
I wonder if the council is worried about potential asset stripping / debt financing at one of the tenants of our community owned venue? Quite a few supporters vote in our local elections, hopefully this will be borne in mind when decisions are made.
Hopefully we'll stick with what we have. Our club should not be about personal fortunes, it's our club.
I strongly believe the recent malaise at our club has seeped down from the Boardroom taking their eye off the ball and zooming in on the balance sheet.
Let's not have a sequel funded by BBC Wales "From A Jack To A Joker".
Perhaps I'm wrong. Just smile.
Swansea City, THE Austerity Club.
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Current regime or American regime on 13:57 - Jan 31 with 938 views
The original shareholders are more passionate fans than us. They made their investment to save the club. I don't believe they went into this to make substantial return on their investment - but to save the club and be custodians of it. The great shame is how money corrupts and now the wheel has turned full circle - where they are going to handover the keys to our club to foreign businessmen - with no allegiance to the club. Richer 'Tony Petty's' and you can guarantee more ruthless venture capitalists. If you have no emotional connection to the club how do you put it before your own potential gain.
They are going to do exactly the thing they set out originally to stop.
Only two options in my view 1. They gift 30% to the Trust to give Trust 51% control (their shares would still be worth £30m to £50m) or for those shareholders that want the money 2. Conduct an IPO so that they get out but spread the shareholder base (only the shares of the shareholders than want to get out need to be included in the IPO - leaving Trust with largest shareholding.
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Current regime or American regime on 14:07 - Jan 31 with 926 views
Current regime or American regime on 13:57 - Jan 31 by Nookiejack
The original shareholders are more passionate fans than us. They made their investment to save the club. I don't believe they went into this to make substantial return on their investment - but to save the club and be custodians of it. The great shame is how money corrupts and now the wheel has turned full circle - where they are going to handover the keys to our club to foreign businessmen - with no allegiance to the club. Richer 'Tony Petty's' and you can guarantee more ruthless venture capitalists. If you have no emotional connection to the club how do you put it before your own potential gain.
They are going to do exactly the thing they set out originally to stop.
Only two options in my view 1. They gift 30% to the Trust to give Trust 51% control (their shares would still be worth £30m to £50m) or for those shareholders that want the money 2. Conduct an IPO so that they get out but spread the shareholder base (only the shares of the shareholders than want to get out need to be included in the IPO - leaving Trust with largest shareholding.
I disagree with your first point. If someone cannot afford a season ticket are they less passionate than someone that can? They simply were businessmen that were in the privileged position to be able to do it. It wasn't charity either 50k each to own a debt free football club is an incredible opportunity.
Current regime or American regime on 14:07 - Jan 31 by Parlay
I disagree with your first point. If someone cannot afford a season ticket are they less passionate than someone that can? They simply were businessmen that were in the privileged position to be able to do it. It wasn't charity either 50k each to own a debt free football club is an incredible opportunity.
The rest of your post os spot on.
Yes agree with your point that passion is not about how much money you have got. I do think though that listening to Huw Jenkins at Trust fans forums of how passionate he is about the club. Much more than I am and don't think it is rhetoric. I can't believe he wants to sell the club short. I think it must be difficult for him in the fact that his friends/business partners that he has gone on this journey with - want out.
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Current regime or American regime on 14:36 - Jan 31 with 885 views
Not sure how anyone can want the US regime when we know nothing about them in terms of possibly coming to run the club (beyond a not vey encouraging insight into Moores that's been cited on here) compared to the current board we know and what they've done for the club
What I think the current board should do is to come out and say they are cashing in now (as it is what they're doing and to an extent, most of us would do the same), but that as far as they can, they will doo all they can to structure the deal and safeguard the club best they can going forwards. That may end up not being possible or something they try for but fail, but I think most of us then would at least feel they are doing all they can to look after our club and not just leaving it open (as it seems from the outside so far) to become a hostage to fortune.
Bit more PR needed by them and a lot more thought for us fans. I don't know what the absolute answer is or can be, but I can say for now that that uncomfortable feeling is gnawing away and we're probably at a point where the fans and the club are about as distant as we have been since the Petty days (nowhere near that to be fair, but you get the comparison). A real shame for me.
Interestingly, living up here in Oxon, about the first thing that people say to me who know I'm a Swans fan is - why are you lot selling up to Americans? You're the model for the rest of us, wish my club was like yours.
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