| There was never any investment, and nor will there ever be any. 09:49 - Jan 15 with 12614 views | MyFinalHeaven |
What we must realize about these new owners is that they're capitalists. They make their money buying up stocks, doing nothing but sitting on them, and then selling them for a profit. They have yet to put a single penny into this club, and nor will they ever will.
If it has not been already damningly apparent, this club is just like another stock purchase to them. Whether it's tech, pharmaceuticals, or alternative energy, capitalists are always looking to exploit the latest and greatest craze, and unfortunately for us, the latest craze for predatory investors is football.
Let's not making it anything but crystal clear: Levien and Kaplan thought this was going to be easy. They thought it would just be like any other of their previous investments, and the plan was always to sit back and watch as the skyrocketing TV deals increased the value of SCFC year after year before selling for a nifty profit. I have it on good authority that Levien has already made more trips to the UK in 6 months than he had imagined he would make in a few years as owner. As we have already seen, he along with the rest of his scumbag partners thought they could just buy the club and do nothing but defer to Huw Jenkins to ensure that the Premier League club they had bought stayed one. After the takeover, Levien gushed about how he had watched A Jack to a King, how he was amazed at how well run this club is, and how incredible the guy at the helm (Jenkins) is, claiming that all of our successes post Petty era was down to him, and even referred to Jenkins as a "tremendous football mind."
No doubt it has since hit him as clean as a knockout punch from Mike Tyson how hysterically wrong he was about Jenkins and his ability to run a football club, as too his own ability (or complete lack of) to own and preside over a team. These new owners have seriously, and I mean seriously underestimated just how difficult it is to run a club in the Premier League and what is required to keep a club in the top flight. Unfortunately though, these revelations have clearly not hit hard enough, as Jenkins remains at the helm and our transfer business remains inadequate as ever.
Nevertheless, do not buy these owners frequent talk about how they plan on being "long term owners"--it is just pure and utter bullshit, just like the all the rest of their statements. Venture capitalists never ever stick around for the long term, and if you ask me, Levien had let it slip just how "long" he wanted to stick around here during his first press conference, when he said that his goal was for the club "to be in a better place in five years." No doubt that is the time him and his partners were planning on exiting after having sold us for a nice profit.
Their message in yesterday's programme against Arsenal, where they once again disparaged the supporters and even deflected the blame from their own disasters onto us, was a pathetic attempt and a downright insulting plea to the fans to be nice, stay silent, and back them despite all their failures and despite having treated us like utter sh*t. This is beyond unacceptable, and frankly, it is the final straw. If we ran Tony Petty out of town, then I have no idea how we haven't ran these mother fvckers out yet. Not only is it long overdue, but our future depends on it. We will go nowhere but down so long as Jason Levien and Stephen Kaplan are the Swansea City owners. [Post edited 15 Jan 2017 9:54]
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| There was never any investment, and nor will there ever be any. on 16:47 - Jan 15 with 2430 views | Jacque |
As a previous poster asked. What do we do now?
Well, it's a bit late and too far gone for any real attempt to escape the drop unless the team starts to pick up points.
The 3 x £5m player spend is a last real roll of the dice without too much risk. There's no way the new owners will spend big and risk next seasons attempt at promotion.
Realistically Huw and the yanks aren't going anywhere. I think if Huw stays, which he will then all the involvement he should have is commercial issues.
The manager needs to be given complete control over transfers and when he has identified potential players he needs to place the list on Huws desk and leave Huw do his business.
I'm resigned to the fact we are going down, have been for weeks. Limit the expenditure and have a fire sale in the summer. The manager to implement his scouting team and signings and develop the youth to fill the gaps.
Agree with the OP and a warning to all potential investors who think they can sign on the dotted line and sit back and everything will work out. Doesn't work like that and unfortunately a healthy/honest club who have worked so hard to climb the ladder have had it all destroyed in such a short time.
Let's just hope we can pull off the great escape and rebuild in the premier. But a long shot now!! |  | | |
| There was never any investment, and nor will there ever be any. on 16:50 - Jan 15 with 2420 views | stAteSwan |
I'm not going to get into this because I don't understand how ownership of a club works in the UK, but I can offer a rationale for why the Owners haven't offered up their own cash as a loan, and that's because such a move is unheard of in America.
American sports are based of a socialist system in which the rich are rich and the poor are poor. One simply can't get bought by a wealthy owner and have them bail them out of trouble. They are required to find their own way out of trouble using more conventional means. If the Owner can't do that, then the league forces him to sell. | | | |
| There was never any investment, and nor will there ever be any. on 16:50 - Jan 15 with 2420 views | Gowerjack |
Two points.
To the OP please tell me that it's not only now that you've realised this.
And the Bony money has already been spent thats how it works its not a pot of gold. |  |
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| There was never any investment, and nor will there ever be any. on 17:06 - Jan 15 with 2397 views | Tummer_from_Texas |
Their message in yesterday's programme against Arsenal, where they once again disparaged the supporters and even deflected the blame from their own disasters onto us, was a pathetic attempt and a downright insulting plea to the fans to be nice, stay silent, and back them despite all their failures and despite having treated us like utter sh*t.
Does anyone have the text or an image of this statement available for those of us abroad? Thanks. |  |
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| There was never any investment, and nor will there ever be any. on 17:09 - Jan 15 with 2391 views | Watchman |
| There was never any investment, and nor will there ever be any. on 17:06 - Jan 15 by Tummer_from_Texas |
Their message in yesterday's programme against Arsenal, where they once again disparaged the supporters and even deflected the blame from their own disasters onto us, was a pathetic attempt and a downright insulting plea to the fans to be nice, stay silent, and back them despite all their failures and despite having treated us like utter sh*t.
Does anyone have the text or an image of this statement available for those of us abroad? Thanks. |
http://www.walesonline.co.uk/sport/football/football-news/swansea-city-owners-st |  |
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| There was never any investment, and nor will there ever be any. on 17:20 - Jan 15 with 2380 views | Davillin |
| There was never any investment, and nor will there ever be any. on 15:40 - Jan 15 by bermudajack |
It's becoming plainly obvious the only way forward is:
Get rid of Hugh Jenkins
Reduce wage bil
Develop youngsters to compete in Championship next year
Get rid of K & L (Yanks)
Sell our most expensive earners to balance income vs wages
Relegation it is then boys 😧 |
Correction to your first sentence: It's rather your interpretation not of "the only way forward," but of "the negative way forward."
Candidly, it's depressing to read that. |  |
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| There was never any investment, and nor will there ever be any. on 17:44 - Jan 15 with 2341 views | MyFinalHeaven |
| There was never any investment, and nor will there ever be any. on 16:50 - Jan 15 by Gowerjack |
Two points.
To the OP please tell me that it's not only now that you've realised this.
And the Bony money has already been spent thats how it works its not a pot of gold. |
"To the OP please tell me that it's not only now that you've realised this."
I've been saying this for months now. If you do not keep up with what I post here then that's your problem.
"And the Bony money has already been spent thats how it works its not a pot of gold."
Wrong. Please do your research before you open your mouth. It is absolutely daft to say that money "has already been spent" when we haven't even received all of it yet. Beginning in January 2015, the £25,000,000 from the Bony transfer came in yearly installments. We are set to receive the last installment, £8,000,000, today on January 15 2017, as stipulated in the contract:
http://www.mirror.co.uk/sport/football/transfer-news/revealed-true-cost-wilfried
And who the hell knows if the £17,000,000 we've received from the Bony transfer thus far has been already been spent? Since we sold Bony we've had net profits in every transfer window, always selling more than we buy. Our club is simply not one that takes all the money it receives and puts it back into the team. If we were that way Jenkins and the former shareholders would have been content with their enormous salaries than continually fleecing the club for dividend payments. [Post edited 15 Jan 2017 17:57]
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| There was never any investment, and nor will there ever be any. on 17:52 - Jan 15 with 2316 views | Borojack |
| There was never any investment, and nor will there ever be any. on 17:44 - Jan 15 by MyFinalHeaven |
"To the OP please tell me that it's not only now that you've realised this."
I've been saying this for months now. If you do not keep up with what I post here then that's your problem.
"And the Bony money has already been spent thats how it works its not a pot of gold."
Wrong. Please do your research before you open your mouth. It is absolutely daft to say that money "has already been spent" when we haven't even received all of it yet. Beginning in January 2015, the £25,000,000 from the Bony transfer came in yearly installments. We are set to receive the last installment, £8,000,000, today on January 15 2017, as stipulated in the contract:
http://www.mirror.co.uk/sport/football/transfer-news/revealed-true-cost-wilfried
And who the hell knows if the £17,000,000 we've received from the Bony transfer thus far has been already been spent? Since we sold Bony we've had net profits in every transfer window, always selling more than we buy. Our club is simply not one that takes all the money it receives and puts it back into the team. If we were that way Jenkins and the former shareholders would have been content with their enormous salaries than continually fleecing the club for dividend payments. [Post edited 15 Jan 2017 17:57]
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Must be true if it's in the Daily Mirror. |  |
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| There was never any investment, and nor will there ever be any. on 18:08 - Jan 15 with 2276 views | Tummer_from_Texas |
Thanks for posting.
"Sometimes we, too, want to scream in frustration. However, negativity can adversely impact the performance of players."
That comes across a bit patronizing. | |
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| There was never any investment, and nor will there ever be any. on 18:09 - Jan 15 with 2269 views | MyFinalHeaven |
| There was never any investment, and nor will there ever be any. on 18:08 - Jan 15 by Tummer_from_Texas |
Thanks for posting.
"Sometimes we, too, want to scream in frustration. However, negativity can adversely impact the performance of players."
That comes across a bit patronizing. |
You should read the entire thing. It's even more patronizing.
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| There was never any investment, and nor will there ever be any. on 23:01 - Jan 15 with 2195 views | JJJack |
| There was never any investment, and nor will there ever be any. on 14:51 - Jan 15 by Borojack |
The wage against turnover was the highest in the league 83 % I think maybe a bit lower now with Ayew Williams and part of Gomis wage off the books.
But Llorente and Baston will be on high wages I would imagine.
But the OP was hinting at the new owners gifting us cash which is just not going to happen.
We are in a fukcing mess but in my opinion most of that is due to the selling board who were custodians of the club not the Yanks. |
But they're not gifting "us" cash- it's their fugging business and anyone who's ever been involved in the running of one knows you simply have to invest if you hope to achieve anything.
So of course they should be , as you say, "gifting" cash because if they do not there is every likelihood their business (and it's their's not ours) will be worth around 60% of its current worth come May as things stand. This isn't to do with "us" - it's to do with their investment going completely down the swannee if they aren't careful.
For that reason the OP is spot on. It simply cannot be argued any other way. |  | | |
| There was never any investment, and nor will there ever be any. on 23:04 - Jan 15 with 2179 views | JJJack |
| There was never any investment, and nor will there ever be any. on 16:47 - Jan 15 by Jacque |
As a previous poster asked. What do we do now?
Well, it's a bit late and too far gone for any real attempt to escape the drop unless the team starts to pick up points.
The 3 x £5m player spend is a last real roll of the dice without too much risk. There's no way the new owners will spend big and risk next seasons attempt at promotion.
Realistically Huw and the yanks aren't going anywhere. I think if Huw stays, which he will then all the involvement he should have is commercial issues.
The manager needs to be given complete control over transfers and when he has identified potential players he needs to place the list on Huws desk and leave Huw do his business.
I'm resigned to the fact we are going down, have been for weeks. Limit the expenditure and have a fire sale in the summer. The manager to implement his scouting team and signings and develop the youth to fill the gaps.
Agree with the OP and a warning to all potential investors who think they can sign on the dotted line and sit back and everything will work out. Doesn't work like that and unfortunately a healthy/honest club who have worked so hard to climb the ladder have had it all destroyed in such a short time.
Let's just hope we can pull off the great escape and rebuild in the premier. But a long shot now!! |
Jenkins is leaving by season end. I have said this a couple of times. It's true. | | | |
| There was never any investment, and nor will there ever be any. on 23:09 - Jan 15 with 2159 views | Tummer_from_Texas |
| There was never any investment, and nor will there ever be any. on 23:01 - Jan 15 by JJJack |
But they're not gifting "us" cash- it's their fugging business and anyone who's ever been involved in the running of one knows you simply have to invest if you hope to achieve anything.
So of course they should be , as you say, "gifting" cash because if they do not there is every likelihood their business (and it's their's not ours) will be worth around 60% of its current worth come May as things stand. This isn't to do with "us" - it's to do with their investment going completely down the swannee if they aren't careful.
For that reason the OP is spot on. It simply cannot be argued any other way. |
But while I agree with most of the OP, the "doing nothing but sitting on (their assets because they're evil Capitalists)" label given in the 2nd sentence isn't really an accurate description of Levien's history running a football team. He brought a new stadium to DC United. [Post edited 16 Jan 2017 7:46]
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| There was never any investment, and nor will there ever be any. on 23:20 - Jan 15 with 2144 views | Wingstandwood |
| There was never any investment, and nor will there ever be any. on 23:04 - Jan 15 by JJJack |
Jenkins is leaving by season end. I have said this a couple of times. It's true. |
I presume the fact a SCFC relegation place is now well and truly in bookmakers territory would give credence to that. Paying someone half a million a year to run a Championship club would be lunacy. |  |
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| There was never any investment, and nor will there ever be any. on 00:13 - Jan 16 with 2114 views | JJJack |
| There was never any investment, and nor will there ever be any. on 23:09 - Jan 15 by Tummer_from_Texas |
But while I agree with most of the OP, the "doing nothing but sitting on (their assets because they're evil Capitalists)" label given in the 2nd sentence isn't really an accurate description of Levien's history running a football team. He brought a new stadium to DC United. [Post edited 16 Jan 2017 7:46]
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I don't dispute what they did in the States. But there's no relegation over there and I genuinely think American owners do not quite understand the monumental risk of relegation in the EPL. They simply wouldn't have seen this coming: whereas we are all too aware that in any given season, run things badly enough and you're gonners! | | | |
| There was never any investment, and nor will there ever be any. on 02:44 - Jan 16 with 2048 views | Tummer_from_Texas |
| There was never any investment, and nor will there ever be any. on 00:13 - Jan 16 by JJJack |
I don't dispute what they did in the States. But there's no relegation over there and I genuinely think American owners do not quite understand the monumental risk of relegation in the EPL. They simply wouldn't have seen this coming: whereas we are all too aware that in any given season, run things badly enough and you're gonners! |
I don't disagree. I'm just saying Levien hasn't in the past proven to be this very specific description of a purely parasitic capitalist the OP describes him as. [Post edited 16 Jan 2017 7:51]
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| There was never any investment, and nor will there ever be any. on 03:12 - Jan 16 with 2038 views | Griffting |
| There was never any investment, and nor will there ever be any. on 14:51 - Jan 15 by Borojack |
The wage against turnover was the highest in the league 83 % I think maybe a bit lower now with Ayew Williams and part of Gomis wage off the books.
But Llorente and Baston will be on high wages I would imagine.
But the OP was hinting at the new owners gifting us cash which is just not going to happen.
We are in a fukcing mess but in my opinion most of that is due to the selling board who were custodians of the club not the Yanks. |
Seem to remember reading that Bastons wages are actually fairly average and that is probably why they went for him and why we aren't desperate to sell him in this window. Llorente could be on the higher end and could be the reason behind us entertaining Chelseas advances (if the rumours are to be believed). |  | | |
| There was never any investment, and nor will there ever be any. on 03:12 - May 12 with 1798 views | thereisnospoon |
| There was never any investment, and nor will there ever be any. on 10:20 - Jan 15 by Borojack |
Ah right so where is this 15 million coming from then.
We may yet spend more as well.
And yes I know we get money from sky but the wage turnover is high or do you dispute that then.
Just for your information as well I in the summer we sold
Ayew Williams Eder and Pallochi for about 42 million
We bought Baston Mawson Llorente Fer 28 million plus large signing on fees.
Now we are spending another 15 million plus signing on fees again.
Also brought in a new manager and 3 coaches plus we have sacked 2 managers.
Where do you think that money came from then you fecking dimwit. |
Uxbridge said that all the money spent in January came from the Ayew sale.
http://www.fansnetwork.co.uk/football/swanseacity/forum/194621/page:2
"However, anyone expecting the Americans to invest money into the footballing side (or even the club) haven't been paying attention to their actions to date or their words. The January purchases were funded by bringing forward money from the Ayew sale. Anything in the future will need to be funded by players going out (and we've a few of those) or TV revenue (if we stay up)."
Once again, just to reiterate, you're an absolute dumb cvnt for thinking that the owners had actually invested money into the club just because a few players were bought in January. It's no wonder this club has allowed to be driven into the ground when so many of its supporters are such gullible dumb fvcks like yourself.
I seriously haven't a clue how anyone could be so stupid as to think those parasites had actually put some dollars into us. [Post edited 12 May 2017 3:14]
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| There was never any investment, and nor will there ever be any. on 03:37 - May 12 with 1778 views | thereisnospoon |
| There was never any investment, and nor will there ever be any. on 23:09 - Jan 15 by Tummer_from_Texas |
But while I agree with most of the OP, the "doing nothing but sitting on (their assets because they're evil Capitalists)" label given in the 2nd sentence isn't really an accurate description of Levien's history running a football team. He brought a new stadium to DC United. [Post edited 16 Jan 2017 7:46]
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It's silly to take Levien's history with DC United and use it as an assessment of how he is as a football owner as the MLS is so unlike any other league in the world. It's a completely socialist system whereby all revenues, even merchandise, are shared between clubs, and where no relegation or punishment exists no matter how poorly a club performs or how in debt they are.
But still, it's not like he's done a good job. Under his watch DC have spent fvck all and won fvck all since he came aboard in 2012.
Him "bringing" a new stadium to DC doesn't detract from the fact that he's still a parasite. In fact, it only contributes to it. The deal made for that new stadium stipulated that the city of DC stump $106.3 million to acquire the site, which disgracefully took $32m away from money that would have been spent on the city's schools. The city also gave his club $43m in tax credits. You really thought he spent any of his own money on it?
"Mayor Muriel Bowser, Gray's successor, budgeted $106.3 million in fiscal 2016 to acquire the stadium site, add infrastructure (such as water, sewer, electrical, and natural gas lines), and remove toxic hazards at the site.[33] The budget provided for borrowing $106 million and reprogramming $32 million away from the city's school modernization program to pay for the city's stadium costs.[30] The D.C. City Council began working on legislation to permanently close several city streets that crossed the stadium land in April 2015.[29]"
https://en.wikipedia.org/wiki/Audi_Field
You gotta hand it to this bloodsucker Levien. He stole our club and he stole $32m from students all across Washington DC. It really speaks to his and his club's character that they accepted and brokered that deal knowing it would take money away from public education, especially when DC's school system is one of the worst in the country and has some of the highest dropout rates and lowest graduation rates. [Post edited 12 May 2017 3:52]
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| There was never any investment, and nor will there ever be any. on 09:23 - May 17 with 1582 views | Concerned_Parent |
| There was never any investment, and nor will there ever be any. on 03:37 - May 12 by thereisnospoon |
It's silly to take Levien's history with DC United and use it as an assessment of how he is as a football owner as the MLS is so unlike any other league in the world. It's a completely socialist system whereby all revenues, even merchandise, are shared between clubs, and where no relegation or punishment exists no matter how poorly a club performs or how in debt they are.
But still, it's not like he's done a good job. Under his watch DC have spent fvck all and won fvck all since he came aboard in 2012.
Him "bringing" a new stadium to DC doesn't detract from the fact that he's still a parasite. In fact, it only contributes to it. The deal made for that new stadium stipulated that the city of DC stump $106.3 million to acquire the site, which disgracefully took $32m away from money that would have been spent on the city's schools. The city also gave his club $43m in tax credits. You really thought he spent any of his own money on it?
"Mayor Muriel Bowser, Gray's successor, budgeted $106.3 million in fiscal 2016 to acquire the stadium site, add infrastructure (such as water, sewer, electrical, and natural gas lines), and remove toxic hazards at the site.[33] The budget provided for borrowing $106 million and reprogramming $32 million away from the city's school modernization program to pay for the city's stadium costs.[30] The D.C. City Council began working on legislation to permanently close several city streets that crossed the stadium land in April 2015.[29]"
https://en.wikipedia.org/wiki/Audi_Field
You gotta hand it to this bloodsucker Levien. He stole our club and he stole $32m from students all across Washington DC. It really speaks to his and his club's character that they accepted and brokered that deal knowing it would take money away from public education, especially when DC's school system is one of the worst in the country and has some of the highest dropout rates and lowest graduation rates. [Post edited 12 May 2017 3:52]
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Absolutely disgusting stuff from Levien. |  | | |
| There was never any investment, and nor will there ever be any. on 12:42 - May 17 with 1509 views | aberhugh |
Blood suckers are not going to invest.
At the close of the summer transfer window from the time we sold Bony the club had 70M income in sales of players and had only spent 31M in the same time period. That leaves 39M being pocketed. Forget installments to us because we pay others the same way.
In January according to the Resurrection we spent 20M this still leaves 19M trousered by person or persons unknown.
If they sell Llorente and Siggy for 35M that leaves a war chest for Clement of 54M.
Lets also sell Barrow, Montero, Tabanou, Gomis, a centre half or two, that will bring in a nice sum.
Now buy four 5M players and a couple of 2M.
Then you have:
SCFC the gift that just keeps on giving.
What a great investment. This is the way we get to the next level.
Of course, stupid me!!
I do apologise Huw, next level of profiteering here we come!! How could I have doubted you? After all it is in YOU we trust
. Now all together "We love our Chairman." (Repeat) | | | |
| There was never any investment, and nor will there ever be any. on 14:35 - May 17 with 1410 views | TheResurrection |
| There was never any investment, and nor will there ever be any. on 12:42 - May 17 by aberhugh |
Blood suckers are not going to invest.
At the close of the summer transfer window from the time we sold Bony the club had 70M income in sales of players and had only spent 31M in the same time period. That leaves 39M being pocketed. Forget installments to us because we pay others the same way.
In January according to the Resurrection we spent 20M this still leaves 19M trousered by person or persons unknown.
If they sell Llorente and Siggy for 35M that leaves a war chest for Clement of 54M.
Lets also sell Barrow, Montero, Tabanou, Gomis, a centre half or two, that will bring in a nice sum.
Now buy four 5M players and a couple of 2M.
Then you have:
SCFC the gift that just keeps on giving.
What a great investment. This is the way we get to the next level.
Of course, stupid me!!
I do apologise Huw, next level of profiteering here we come!! How could I have doubted you? After all it is in YOU we trust
. Now all together "We love our Chairman." (Repeat) |
Mate, you aint got a clue how football finance works - give up now.
Some poor attempts at posting sense since this thread was brought back to life. |  |
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| There was never any investment, and nor will there ever be any. on 14:54 - May 17 with 1383 views | andypitt56 |
| There was never any investment, and nor will there ever be any. on 14:35 - May 17 by TheResurrection |
Mate, you aint got a clue how football finance works - give up now.
Some poor attempts at posting sense since this thread was brought back to life. |
I agree with the post above, they cant just take money out of the club from player sales. They only way they can make money is with dividends from market growth and commercial growth. It is illegal from them to just take money out of the club. Believe it or not we actually have to be successful on the pitch for them to get financial gain. It is not beneficial for them to just let us rot. I would be very surprised if they don't invest in the first team, but I don't expect it to be much more than what we have previously invested. | | | |
| There was never any investment, and nor will there ever be any. on 16:10 - May 17 with 1281 views | dobjack2 |
These people are here to make money.
It works best for them if we stay in the premier league.
They will look to sell their shares on at a profit | | | |
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