| Building Bridges on 19:33 - Feb 15 with 2489 views | Loyal |
| Building Bridges on 16:51 - Feb 15 by Uxbridge |
I probably should have read the whole thread, but pretty much. Legal action always has to be the last resort though ... as you know it's never guaranteed and comes with other costs not just financial. |
So in with the advice you had, was there any indication criminal acts may have taken place ? |  |
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| Building Bridges on 19:35 - Feb 15 with 2486 views | swancity |
| Building Bridges on 18:58 - Feb 15 by pikeypaul |
At the market rate that the scum sold out at the value would be £21million.
But due to the greedy barstewards not caring a toss about the club or its fans
just how much wonga they could line their own pockets with which in the case of
Jenkins was over £7,000,000 the trusts shares are worth a fraction of their original value.
And the Trust are prepared to talk to the slimey filth,unbelievable. |
What do you call a 'fraction' .
1/8 1/50 1/1000. 1/2
Are you talking peanuts . Uxbridge thinks they're still worth millions and millions? |  |
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| Building Bridges on 19:35 - Feb 15 with 2485 views | 3swan |
| Building Bridges on 19:20 - Feb 15 by Private_Partz |
I can see both sides of the argument but I must say I am in favour of waiting until the end of the season before any legal action is taken. If the owners are prepared to stick with the new unsigned (by the Trust) shareholder agreement as opposed to the original then, if the latter is still deemed legal, action can be taken.
We are getting stability on the pitch. I think it should remain that way off the pitch as well as it does the team no favours having legal action and fans protests whilst we are fighting for our survival.
I would have had a very different view if we were rock bottom of the league with Bradley still in charge. We would have nothing to lose then and nothing to gain by waiting. |
Agree, it's going to be a hard slog to the end of the season, and the Trust can't be seen to be showing anything but full support for the club.
End of the season gloves off. | | | |
| Building Bridges on 19:38 - Feb 15 with 2475 views | swancity |
| Building Bridges on 19:35 - Feb 15 by 3swan |
Agree, it's going to be a hard slog to the end of the season, and the Trust can't be seen to be showing anything but full support for the club.
End of the season gloves off. |
Of,course full support for the club. But I dont see any harm in taking on the likes of Jenkins Dineen etc now if that's what the advice dictates. Just get on with it. They didn't give two fookin hoots for anyone else the club or not did they... | |
| Only an idiot would eat a turkey curry on Christmas day |
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| Building Bridges on 19:45 - Feb 15 with 2459 views | NeathJack |
| Building Bridges on 19:38 - Feb 15 by swancity |
Of,course full support for the club. But I dont see any harm in taking on the likes of Jenkins Dineen etc now if that's what the advice dictates. Just get on with it. They didn't give two fookin hoots for anyone else the club or not did they... |
Because right now it would provide a completely unnecessary distraction at a time when everyone's focus needs to be on the renewed hope of actually surviving this season.
Then all guns blazing at them in the summer with (hopefully) survival achieved.
Surely you can see that is the sensible approach? |  | | |
| Building Bridges on 19:48 - Feb 15 with 2449 views | Nirvana |
| Building Bridges on 19:45 - Feb 15 by NeathJack |
Because right now it would provide a completely unnecessary distraction at a time when everyone's focus needs to be on the renewed hope of actually surviving this season.
Then all guns blazing at them in the summer with (hopefully) survival achieved.
Surely you can see that is the sensible approach? |
This would be the correct answer. |  | | |
| Building Bridges on 20:00 - Feb 15 with 2408 views | Darran |
| Building Bridges on 18:00 - Feb 15 by headcleaner |
A load of them were trumping out of the dragon Sunday afternoon probably on their way to their tour of the stadium and a meet and greet with the squad before ko
Make the twunt pay to sit in the east stand because whilst he might not be able to sit in the directors box he's still lauding it in hopsitality |
Absolutely spot on. |  |
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| Building Bridges on 20:10 - Feb 15 with 2378 views | Uxbridge |
| Building Bridges on 19:35 - Feb 15 by swancity |
What do you call a 'fraction' .
1/8 1/50 1/1000. 1/2
Are you talking peanuts . Uxbridge thinks they're still worth millions and millions? |
That's because they are. Is someone seriously arguing they are not? |  |
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| Building Bridges on 20:18 - Feb 15 with 2351 views | Uxbridge |
| Building Bridges on 19:33 - Feb 15 by Loyal |
So in with the advice you had, was there any indication criminal acts may have taken place ? |
http://www.swanstrust.co.uk/2016/10/20/trust-members-forum-address/
While the passing of the new Articles of Association without our consent does not invalidate them, the failure to comply with notice provisions means that the directors are guilty of a criminal offence. | |
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| Building Bridges on 20:24 - Feb 15 with 2332 views | BillyChong |
What's the typical punishment for this? | | | |
| Building Bridges on 20:28 - Feb 15 with 2317 views | swancity |
| Building Bridges on 20:10 - Feb 15 by Uxbridge |
That's because they are. Is someone seriously arguing they are not? |
Yes it seems so
I don't fully understand the share situation tbh. But I don't know why anyone who had been shat on from such a height would want to contemplate building bridges.
Establish your legal position first. They don't need the Trust but the Trust still wants to latch onto the Club. But to do that you have to get into bed with the owners. They now have you by the short and curlies whereas you the Trust can start calling the shots, if the legal advice gives you a great chance of success. | |
| Only an idiot would eat a turkey curry on Christmas day |
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| Building Bridges on 20:30 - Feb 15 with 2311 views | Uxbridge |
| Building Bridges on 20:24 - Feb 15 by BillyChong |
What's the typical punishment for this? |
They're usually financial I believe. | |
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| Building Bridges on 20:34 - Feb 15 with 2282 views | perchrockjack |
Seeing as nige etval see the trust in such a bad light, would it not be the case to simply disband them
Plenty of snide remarks from people unwilling or unable to stand up and do summata | |
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| Building Bridges on 20:42 - Feb 15 with 2252 views | Uxbridge |
| Building Bridges on 20:28 - Feb 15 by swancity |
Yes it seems so
I don't fully understand the share situation tbh. But I don't know why anyone who had been shat on from such a height would want to contemplate building bridges.
Establish your legal position first. They don't need the Trust but the Trust still wants to latch onto the Club. But to do that you have to get into bed with the owners. They now have you by the short and curlies whereas you the Trust can start calling the shots, if the legal advice gives you a great chance of success. |
Then whoever is saying that has no concept of how shareholder equity is valued.
The thing with waiting until the whole legal position is bottomed out is a) that can take an age and b) legal action is never the first action, there needs to be negotiations to get to a solution that suits all parties. A big thing for the Trust is that there is proper engagement between the Trust and the other shareholders, and that the Trust's influence at the club is protected. I think that's significantly improved in recent times. Plus, and this is important, these discussions do not negate the legal position once it is determined. | |
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| Building Bridges on 20:45 - Feb 15 with 2240 views | swancity |
| Building Bridges on 20:34 - Feb 15 by perchrockjack |
Seeing as nige etval see the trust in such a bad light, would it not be the case to simply disband them
Plenty of snide remarks from people unwilling or unable to stand up and do summata |
I see the Trust as weak, inadequate, out of their depth and still unable to grasp the nettle and take positive action when they have a chance to show that they have balls for a fight. Instead theyre just being accommodated by new owners who really would prefer them to be out of the equation totally.
It's a bloody mess, self inflicted a lot of it by being badly mismanaged with the result that lots of things were going on. Theyve now spent £24000 on legal fees but are doing next to nothing to follow it up. But they're being allowed to attend meetings. Big fooking deal. Building bridges? Smashing the bleeding things down would be better. | |
| Only an idiot would eat a turkey curry on Christmas day |
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| Building Bridges on 20:49 - Feb 15 with 2068 views | swancity |
| Building Bridges on 20:42 - Feb 15 by Uxbridge |
Then whoever is saying that has no concept of how shareholder equity is valued.
The thing with waiting until the whole legal position is bottomed out is a) that can take an age and b) legal action is never the first action, there needs to be negotiations to get to a solution that suits all parties. A big thing for the Trust is that there is proper engagement between the Trust and the other shareholders, and that the Trust's influence at the club is protected. I think that's significantly improved in recent times. Plus, and this is important, these discussions do not negate the legal position once it is determined. |
Shareholder equity?
Do tell, in relation to this predicament. | |
| Only an idiot would eat a turkey curry on Christmas day |
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| Building Bridges on 20:58 - Feb 15 with 2051 views | Darran |
| Building Bridges on 20:42 - Feb 15 by Uxbridge |
Then whoever is saying that has no concept of how shareholder equity is valued.
The thing with waiting until the whole legal position is bottomed out is a) that can take an age and b) legal action is never the first action, there needs to be negotiations to get to a solution that suits all parties. A big thing for the Trust is that there is proper engagement between the Trust and the other shareholders, and that the Trust's influence at the club is protected. I think that's significantly improved in recent times. Plus, and this is important, these discussions do not negate the legal position once it is determined. |
So can you stop the stares being diluted through legal action? | |
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| Building Bridges on 21:03 - Feb 15 with 2047 views | Uxbridge |
| Building Bridges on 20:49 - Feb 15 by swancity |
Shareholder equity?
Do tell, in relation to this predicament. |
OK. You have shares in BT. Your shares are a small fraction of the company. Are they worthless too? Barking, mun. Now I can understand the argument that the Trust is weaker now against one majority shareholder than a cabal of small shareholders, but the impact on the financial aspect there can be measured in small fractions, not totally wiped out.
Plus, worth noting the market value of the football club is only going to go up as we remain in the premier league. Still believe the sellouts sold below market value. | |
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| Building Bridges on 21:04 - Feb 15 with 2040 views | Dr_Winston |
| Building Bridges on 21:03 - Feb 15 by Uxbridge |
OK. You have shares in BT. Your shares are a small fraction of the company. Are they worthless too? Barking, mun. Now I can understand the argument that the Trust is weaker now against one majority shareholder than a cabal of small shareholders, but the impact on the financial aspect there can be measured in small fractions, not totally wiped out.
Plus, worth noting the market value of the football club is only going to go up as we remain in the premier league. Still believe the sellouts sold below market value. |
Huw Jenkins sell something below market value?
F*ck off is it?  |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Building Bridges on 21:05 - Feb 15 with 2031 views | Uxbridge |
| Building Bridges on 20:58 - Feb 15 by Darran |
So can you stop the stares being diluted through legal action? |
No, but if they are at anything other than market value we get into unfair prejudice territory.
There are only two ways money is coming into the club .. debt or equity. If it's in the interests of the club, and priced so as not to unfairly prejudice one or other party, can the Trust be against somethign to benefit the club? | |
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| Building Bridges on 22:20 - Feb 15 with 1970 views | NOTRAC |
The shares are only worth what someone is prepared to pay for them.The Americans have complete control without having bought the Trust's shares, so why should a new owner in the future not do exactly the same.It is unlikely that dividends will be paid in the future when it will be far easier to transfer profits through management charges.In fact the Americans have set up their control Companies to do exactly that.
The influence of the Trust as shareholders has already been negated by substantially reducing the number of directors meetings.The bridges have been built to rebuild the supporters and community aspect of the Trust, not the shareholding aspect.The only way the Trust might get something for their shares is by compromise through legal action, and I think that is very doubtful. | |
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| Building Bridges on 22:33 - Feb 15 with 1943 views | Loyal |
| Building Bridges on 21:05 - Feb 15 by Uxbridge |
No, but if they are at anything other than market value we get into unfair prejudice territory.
There are only two ways money is coming into the club .. debt or equity. If it's in the interests of the club, and priced so as not to unfairly prejudice one or other party, can the Trust be against somethign to benefit the club? |
So in with the advice you had, was there any indication criminal acts may have taken place ? | |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
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| Building Bridges on 22:39 - Feb 15 with 1937 views | trampie |
Building Bridges hey, one story involving building bridges in the long distant past was the one where the Welsh let English carpenters built a bridge across the Menai strait although the home team was stuck on Ynys Mon, they allowed the English to build the bridge unhindered and waited for the Knights in armour to start coming across, allowing some across and then waiting till the bridge was full of knights in armour on their horses they then they set it on fire, saying so long to the knights on the bridge [try swimming in a suit of armour], the knights that had got across to the island the Welsh said hello too, telling them you know how you normally outnumber us well its our turn to outnumber you this time.
Some military historians recon it was the greatest military disaster England ever suffered, there are variations of the story of a great Welsh victory but what's not in doubt is the connection of Wales and building bridges but perhaps not in a literal sense, lol.
You have to hand it to some Welsh blokes, its down there for dancing and up there for thinking. [Post edited 16 Feb 2017 9:25]
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| Building Bridges on 22:47 - Feb 15 with 1920 views | waynekerr55 |
| Building Bridges on 22:39 - Feb 15 by trampie |
Building Bridges hey, one story involving building bridges in the long distant past was the one where the Welsh let English carpenters built a bridge across the Menai strait although the home team was stuck on Ynys Mon, they allowed the English to build the bridge unhindered and waited for the Knights in armour to start coming across, allowing some across and then waiting till the bridge was full of knights in armour on their horses they then they set it on fire, saying so long to the knights on the bridge [try swimming in a suit of armour], the knights that had got across to the island the Welsh said hello too, telling them you know how you normally outnumber us well its our turn to outnumber you this time.
Some military historians recon it was the greatest military disaster England ever suffered, there are variations of the story of a great Welsh victory but what's not in doubt is the connection of Wales and building bridges but perhaps not in a literal sense, lol.
You have to hand it to some Welsh blokes, its down there for dancing and up there for thinking. [Post edited 16 Feb 2017 9:25]
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You're nuttier than a squirrel in a KP factory, fair play 😂😂😂😂😂😂😂😂😂😂😂😂🤣 |  |
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| Building Bridges on 05:55 - Feb 16 with 1845 views | skippyjack |
Fair play.. not a f*cking brain between you all is there..
21% = 21% financing
21% = market value of 21 million.
Eligible of 21% of club earnings.
To avoid dilution of shares.. the Trust have to fork out 21% of whatever the majority owners are willing to put into the club.
Trusts best solution?.. find investors willing to buy the Trusts 21% shareholding.. especially with the increase of TV revenue..
Recoup 30+ million.. and lock it in a vault for a rainy day.. unless you genuinely think you can compete with the Americans financially at 21%.
And I have already stated.. Huw Cooze has already signed the sale off.. as you can see, quite clearly.
The Trust members appointed Huw C to the position.. and there's f*ck all you can do about it..
You can wiggle, worm and shout as much as you want.. the Trust is a busted flush.. unless some good Samaritan with billions is going to give the Trust a charity donation.. or buy the shares for an inflated price.
Either actively look for investors or Bow down to Huw Hitler and his new employer's.
I'm just sick and tired of people like Uxbridge pontificating like he's some sort of financial, business guru.. who's going to take the Americans to court for investing in shares legally.
But I don't rate experts and skilled people anyway.. they're all self conflicted blaggers in today's metropolitan mental institution for the delusional circus show. |  |
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