Forum | Do you think( money aside) Jenkins etc regret the yanks sale by NotLoyal

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Do you think( money aside) Jenkins etc regret the yanks sale 19:56 - Sep 27 with 3850 views

Straight forward question.

	OK I've changed it.
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Do you think( money aside) Jenkins etc regret the yanks sale on 17:43 - Oct 6 with 264 views

BillyChong

Do you think( money aside) Jenkins etc regret the yanks sale on 16:25 - Oct 6 by ReslovenSwan1

Dividends were miserable and very rare. The Trust shared in all dividends as 21% owner. In fact i remember back in the day when the Trust was unhappy that dividends were so low. Anyone with any judgement in matters of finance knew the club was a 'growth stock' not a 'income' stock. All surpluses were reinvested so there were no profits and therefore no dividends and no tax.

The only way to profit was to sell shares. Growth actually levelled off as wages started to riseto unsustainable levels. Swansea could not afford wages and transfer fees and brought in free transfers on big wages like Gomis and Ayew A first time.

The Trust stated "selling shares was not their prefered option" and now only hold the miserble dividends they were given a few years back and the negligible annual subscriptions. They siimply did not understand the financial aspects of their asset. Its called bad management. There is no indication that they have learned much. We will find out if those impressive CV s count for anything. The members appear to reward abject failure when they vote so they do not need to risk unpopularity and start cooperating with the club management.

Miserable dividends? They all received dividends to a value higher than what they originally invested. Around 4 times what they put in each if I remember rightly. The only shareholder not to trouser the payout was the trust. The others did not reinvest that money into the club. Plus Huw took a handsome salary of £200k rising to £500k on top of that. Very miserable.

Do you think( money aside) Jenkins etc regret the yanks sale on 00:16 - Oct 7 with 218 views

ReslovenSwan1

Do you think( money aside) Jenkins etc regret the yanks sale on 17:43 - Oct 6 by BillyChong
Miserable dividends? They all received dividends to a value higher than what they originally invested. Around 4 times what they put in each if I remember rightly. The only shareholder not to trouser the payout was the trust. The others did not reinvest that money into the club. Plus Huw took a handsome salary of £200k rising to £500k on top of that. Very miserable.

The Trust did trouser the payout. About £800,000 the money they have in the accounts now. They could have doubled that with a careful investment strategy but instead put in the Santander getting 0.15%. per anum. From reading their accounts they have incredibly used around £150,000 of the £200,000 they have raised from annual subscriptions to London legal interests. If find it astonishing.

You really need to read more and understand finance for your own benefit. The dividends were indeed good compared to the original investment. As a rule of thumb 7% growth per annum seen a doubling of your holding every 10 years. However compared to the stratopheric asset value the dividents were miserable. About 4% for that year. Over the full seven seasons in the richest league in the world a paltry 0.5% on average.

Wise sage since Toshack era

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