| Swans Trust Board Minutes - January 2016 on 13:39 - Feb 12 with 741 views | Nookiejack |
This must have been quite an interesting debate - from the minutes.
'It was agreed that we would notify the Club Board that we disagree with a Dividend payment to Shareholders should we be notified that a dividend would be payable for the next Financial Year End.'
There are advantages of the Trust receiving the dividend - as increases the Trust's war chest to hopefully increase its shareholding from 21% to 25% at a later stage.
it might also be an advantage if existing shareholders have a mechanism for earning a return on their investment (however minimal that might have first been) - as if they do not have a dividend mechanism then only option is to sell out to other investors - who might not be in best interest of club.
Disadvantages - weakens Club's cash position. |  | |  |
| Swans Trust Board Minutes - January 2016 on 14:12 - Feb 12 with 716 views | Uxbridge |
| Swans Trust Board Minutes - January 2016 on 13:39 - Feb 12 by Nookiejack |
This must have been quite an interesting debate - from the minutes.
'It was agreed that we would notify the Club Board that we disagree with a Dividend payment to Shareholders should we be notified that a dividend would be payable for the next Financial Year End.'
There are advantages of the Trust receiving the dividend - as increases the Trust's war chest to hopefully increase its shareholding from 21% to 25% at a later stage.
it might also be an advantage if existing shareholders have a mechanism for earning a return on their investment (however minimal that might have first been) - as if they do not have a dividend mechanism then only option is to sell out to other investors - who might not be in best interest of club.
Disadvantages - weakens Club's cash position. |
Ha, wondered if anyone would actually comment on that!
Personally I'm totally in favour, particularly given the current financial climate. |  |
| |
| Swans Trust Board Minutes - January 2016 on 16:46 - Feb 12 with 687 views | Clinton |
I see there was some contact with the the Stadium manager about the path in the North East corner. Is there any more detail to be reported. It's been bad again with the wet weather. |  |
| If you can fill the unforgiving minute.
With sixty seconds' worth of distance run,
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man, my son! |
| |
| Swans Trust Board Minutes - January 2016 on 17:55 - Feb 12 with 642 views | jackonicko |
| Swans Trust Board Minutes - January 2016 on 14:12 - Feb 12 by Uxbridge |
Ha, wondered if anyone would actually comment on that!
Personally I'm totally in favour, particularly given the current financial climate. |
Aye, but that meeting took place on 11 January. We sold Shelvey on 12 January, and Paloschi was only £8m, so plenty of money left over to pay a dividend :) |  | | |
| Swans Trust Board Minutes - January 2016 on 18:29 - Feb 12 with 619 views | Uxbridge |
| Swans Trust Board Minutes - January 2016 on 17:55 - Feb 12 by jackonicko |
Aye, but that meeting took place on 11 January. We sold Shelvey on 12 January, and Paloschi was only £8m, so plenty of money left over to pay a dividend :) |
Heh. True. I think our view may stand though  | |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
