| Jenkins & Martin / Consortium Takeover 10:36 - Feb 26 with 6122 views | sw02sea |
I’ve raised this issue a few times over the years, so I’m well used to what will be the usual abuse thrown at the suggestion.
“Greedy barstewards, sold the Trust down the river, bla Dee bla. “
So, a simple question.
Are you peed off enough with the present situation ie. The Yanks, Winter, Martin and his never ending back room staff, plus the “Dominating” walking football style, to go “Back to the future” if the aforementioned duo + a consortium came up with a plan?
(Better than PLAN A ? 😗)
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| Jenkins & Martin / Consortium Takeover on 17:27 - Feb 26 with 1615 views | Boundy |
| Jenkins & Martin / Consortium Takeover on 13:24 - Feb 26 by STID2017 |
Surely when a club hasn't enough money to make tough decisions regarding their manager and are not seen within 3,000 miles of us, that isn't what you class as well run ?
I know there has been much debate on that recently |
Not sure of the purpose is of owning a football club is ,if its not to make you money because they don't have any affinity to the Club , that can be the only reason and if its not making them money there's sure as hell not going to spend more that is necessary to keep us afloat | |
| "In a free society, the State is the servant of the people—not the master." |
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| Jenkins & Martin / Consortium Takeover on 19:03 - Feb 26 with 1536 views | Treforys_Jack |
Never again , no. |  | | |
| Jenkins & Martin / Consortium Takeover on 19:50 - Feb 26 with 1506 views | ReslovenSwan1 |
| Jenkins & Martin / Consortium Takeover on 17:27 - Feb 26 by Boundy |
Not sure of the purpose is of owning a football club is ,if its not to make you money because they don't have any affinity to the Club , that can be the only reason and if its not making them money there's sure as hell not going to spend more that is necessary to keep us afloat |
Levien and Silverstein have affinity to the club. What should they not?. JS has spent considerable tie in the Swansea are and engaged with the fans online and in person. They have more affinity than say Reynolds and co at Wrexham. The have invested more buying shares and injecting new money.
They could easily let the club slip into league 2 and reduce losses and 'keep the club afloat' simply by laying most staff off shutting the academy shop and all non essentials. The staff could be cut to the bone.
The plan is to return to the Premier league. Had Martin not had this terrible run new signings would have appeared in January. I believe they have lost faith in Martin's ability to get a top 6 position, attract new players and resign existing players.
Swansea in the Premier league would see them more than double their money. [Post edited 26 Feb 2023 20:36]
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| Jenkins & Martin / Consortium Takeover on 21:01 - Feb 26 with 1463 views | ReslovenSwan1 |
| Jenkins & Martin / Consortium Takeover on 12:41 - Feb 26 by 1983 |
Can't see those coming back anytime soon football is forever changing even since they left, they took on the club and fair do's to them for doing that, they put in their own cash along with a few others but the seeds they planted created a big fat money tree which in all honesty they didn't expect but then greed took over...the rest is history |
I do not recognised the lazy characterisation of the sale of the club to people who wanted to buy it and had a bigger budget as "greed". The sale was in the best interests of the club.
The board members wanted to sell up after 14 years of brilliant work and told everyone they could not compete with £50,000 a week salaries required nor could they prevent the club falling down the leagues if relegated.
If you take out valuations of the club (which they built up) they simply bought 80% of the club in 2002 and sold 69% of it (a controlling interest) to rich US owners in 2016. It is successful business trading not greed.
The 21% shareholder was introduced to US buyers twice and could not agree deal with either of them. They did not understand that selling in the Premier league was the best way to increase influence as influence comes with cash over the long term.
Clever use of forums and pseudo biblical narratives referring to 'greed' turned the fans against the people who had done so much for the club an a ludicrous 6 year legal farce. They were give 6 years to make a case and ended up agreeing to having their legal cost covered over tea and biscuits. | |
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| Jenkins & Martin / Consortium Takeover on 21:16 - Feb 26 with 1441 views | QJumpingJack |
Any potential new owner(s) will wait until we go into League 1 - which could be within 18 months on current form. We will become much more cheaper and attractive. | | | |
| Jenkins & Martin / Consortium Takeover on 21:35 - Feb 26 with 1417 views | Boundy |
| Jenkins & Martin / Consortium Takeover on 19:50 - Feb 26 by ReslovenSwan1 |
Levien and Silverstein have affinity to the club. What should they not?. JS has spent considerable tie in the Swansea are and engaged with the fans online and in person. They have more affinity than say Reynolds and co at Wrexham. The have invested more buying shares and injecting new money.
They could easily let the club slip into league 2 and reduce losses and 'keep the club afloat' simply by laying most staff off shutting the academy shop and all non essentials. The staff could be cut to the bone.
The plan is to return to the Premier league. Had Martin not had this terrible run new signings would have appeared in January. I believe they have lost faith in Martin's ability to get a top 6 position, attract new players and resign existing players.
Swansea in the Premier league would see them more than double their money. [Post edited 26 Feb 2023 20:36]
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You can't honestly believe your first paragraph , we have 28 owners (last count) all spreading their wealth across many institutions with the hope of increasing their wealth and if not written off as a tax loss , whereas Wrexham have 2 owners who appear so far to be totally committed to the Club and I'm guessing that Reynold & McElhenney have been to more games in 3 years than our lot in 8 years and if you can prove otherwise then the floor is all yours . | |
| "In a free society, the State is the servant of the people—not the master." |
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| Jenkins & Martin / Consortium Takeover on 21:41 - Feb 26 with 1413 views | Boundy |
| Jenkins & Martin / Consortium Takeover on 21:01 - Feb 26 by ReslovenSwan1 |
I do not recognised the lazy characterisation of the sale of the club to people who wanted to buy it and had a bigger budget as "greed". The sale was in the best interests of the club.
The board members wanted to sell up after 14 years of brilliant work and told everyone they could not compete with £50,000 a week salaries required nor could they prevent the club falling down the leagues if relegated.
If you take out valuations of the club (which they built up) they simply bought 80% of the club in 2002 and sold 69% of it (a controlling interest) to rich US owners in 2016. It is successful business trading not greed.
The 21% shareholder was introduced to US buyers twice and could not agree deal with either of them. They did not understand that selling in the Premier league was the best way to increase influence as influence comes with cash over the long term.
Clever use of forums and pseudo biblical narratives referring to 'greed' turned the fans against the people who had done so much for the club an a ludicrous 6 year legal farce. They were give 6 years to make a case and ended up agreeing to having their legal cost covered over tea and biscuits. |
Ask yourself why they couldn't "compete with £50,000 a week salaries required " 50,000 a week weren't required that was Jenkins fault as he decided he had the remit to take on the role of DOF buying overpriced players when he found out he was out of his depth or bringing in managers not fit for purpose , stop deflecting the blame a lot of our current problems stem from Jenkins tenure and no one else's | |
| "In a free society, the State is the servant of the people—not the master." |
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| Jenkins & Martin / Consortium Takeover on 21:51 - Feb 26 with 1404 views | Dr_Winston |
It is quite tiresome to see people still maintaining that the club was sold in an effort to maintain its competitiveness as opposed to it being sold so certain individuals could cash in.
I have no real objection to people cashing in. Just be honest about it. Don't pretend that the club was sold for its own benefit because that is and always has been obvious boll*cks. |  |
| 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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| Jenkins & Martin / Consortium Takeover on 23:09 - Feb 26 with 1375 views | ReslovenSwan1 |
| Jenkins & Martin / Consortium Takeover on 21:51 - Feb 26 by Dr_Winston |
It is quite tiresome to see people still maintaining that the club was sold in an effort to maintain its competitiveness as opposed to it being sold so certain individuals could cash in.
I have no real objection to people cashing in. Just be honest about it. Don't pretend that the club was sold for its own benefit because that is and always has been obvious boll*cks. |
Selling was a win / win for everyone including the Trust if they had shown some common sense. Make money while helping the club.
Morgan and Jenkins had been bought up in normal businesses and knew they were operating at above their financial level with massive levels of jeopardy. Paying certain staff £2.5m a year would have been daunting. Gomis / Ayew bought in on frees.
a) The existing owners could not fund a PL team for long.
b) They all wanted to sell.
c) Buyers wanted to buy it.
It happened and it was for the best. Levein looked particularly chilled recently. He and his investors followers are seriously in profit if aligned to DC Untied. He and his chums will strategically invest and be patient. It has served them well up to now.
Martin will probably be forced to take on experienced help in his corner. If he refuses he will be moved on. | |
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| Jenkins & Martin / Consortium Takeover on 23:39 - Feb 26 with 1358 views | max936 |
| Jenkins & Martin / Consortium Takeover on 21:41 - Feb 26 by Boundy |
Ask yourself why they couldn't "compete with £50,000 a week salaries required " 50,000 a week weren't required that was Jenkins fault as he decided he had the remit to take on the role of DOF buying overpriced players when he found out he was out of his depth or bringing in managers not fit for purpose , stop deflecting the blame a lot of our current problems stem from Jenkins tenure and no one else's |
I really can't understand why people respond to the poster, its the same spiel he comes out with all the time, best to treat the poster for the comedy value in the posts he writes.
I've given up responding, I just read posts to gimme a giggle, I don't read most of the stuff though to be honest just stuff I cherry pick for its comic value. |  | | |
| Jenkins & Martin / Consortium Takeover on 07:09 - Feb 27 with 1313 views | Boundy |
| Jenkins & Martin / Consortium Takeover on 23:39 - Feb 26 by max936 |
I really can't understand why people respond to the poster, its the same spiel he comes out with all the time, best to treat the poster for the comedy value in the posts he writes.
I've given up responding, I just read posts to gimme a giggle, I don't read most of the stuff though to be honest just stuff I cherry pick for its comic value. |
One man's propaganda is another's truth ,somethings should be called out for what they are and this is imo , is one of them. | |
| "In a free society, the State is the servant of the people—not the master." |
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| Jenkins & Martin / Consortium Takeover on 09:00 - Feb 27 with 1255 views | onehunglow |
We really need to move on.
Those who “ wanted” a takeover,
Those who didn’t
Those who loved Laudrup and nobody else
Those that liked Cooper
Those that didn’t
Those who know it all
Those who don’t
All we are doing is massively missing the ball ,so to speak. | |
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| Jenkins & Martin / Consortium Takeover on 09:29 - Feb 27 with 1240 views | max936 |
| Jenkins & Martin / Consortium Takeover on 07:09 - Feb 27 by Boundy |
One man's propaganda is another's truth ,somethings should be called out for what they are and this is imo , is one of them. |
True, but its been done to death and has become a never ending story. 99.9% of us know the truth, others chose to ignore it, its that farcical its become laughable. [Post edited 27 Feb 2023 10:35]
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| Jenkins & Martin / Consortium Takeover on 10:11 - Feb 27 with 1218 views | KeithHaynes |
| Jenkins & Martin / Consortium Takeover on 09:00 - Feb 27 by onehunglow |
We really need to move on.
Those who “ wanted” a takeover,
Those who didn’t
Those who loved Laudrup and nobody else
Those that liked Cooper
Those that didn’t
Those who know it all
Those who don’t
All we are doing is massively missing the ball ,so to speak. |
Those that support Martin, those that don’t 😉 |  |
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| Jenkins & Martin / Consortium Takeover on 10:40 - Feb 27 with 1190 views | STID2017 |
| Jenkins & Martin / Consortium Takeover on 10:11 - Feb 27 by KeithHaynes |
Those that support Martin, those that don’t 😉 |
Those who want cashless, those who don't ?
That's a new one for the list  |  |
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| Jenkins & Martin / Consortium Takeover on 12:53 - Feb 27 with 1147 views | ReslovenSwan1 |
| Jenkins & Martin / Consortium Takeover on 09:29 - Feb 27 by max936 |
True, but its been done to death and has become a never ending story. 99.9% of us know the truth, others chose to ignore it, its that farcical its become laughable. [Post edited 27 Feb 2023 10:35]
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It was a farce because the 99% did not pay attention to the details
The Trust had one job in the 2010 -2017 period. That was to make very sure that they were on the same train as everybody else and sold shares at peak value in the Premier league. it was a "no brainer". Members had no incentive to force the board to sell shares because there was no aspect of personal gain.
All other events are related to this failure. Once they had failed it was over. | |
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| Jenkins & Martin / Consortium Takeover on 18:43 - Feb 27 with 1038 views | BillyChong |
| Jenkins & Martin / Consortium Takeover on 12:53 - Feb 27 by ReslovenSwan1 |
It was a farce because the 99% did not pay attention to the details
The Trust had one job in the 2010 -2017 period. That was to make very sure that they were on the same train as everybody else and sold shares at peak value in the Premier league. it was a "no brainer". Members had no incentive to force the board to sell shares because there was no aspect of personal gain.
All other events are related to this failure. Once they had failed it was over. |
What details do you refer to? The shareholders agreement and missing meeting minutes? | | | |
| Jenkins & Martin / Consortium Takeover on 19:03 - Feb 27 with 1019 views | ReslovenSwan1 |
| Jenkins & Martin / Consortium Takeover on 18:43 - Feb 27 by BillyChong |
What details do you refer to? The shareholders agreement and missing meeting minutes? |
There is no point talking about the Shareholders agreement unless you know what it says. What missing minutes?
The Trust were given 4 months to cut a deal and were not excluded. They were introduced ti the buyers in March 2016 with cash in their pockets to buy their shares. The club completed the deal in late July 2016, Why they did not sell is a matter for the members to work out. | |
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| Jenkins & Martin / Consortium Takeover on 19:18 - Feb 27 with 1004 views | Treforys_Jack |
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| Jenkins & Martin / Consortium Takeover on 20:25 - Feb 27 with 960 views | Thrasher6 |
I'd rather the next owners be Jacks...hot wired in as local people...if that's Jenkins Morgans....I 'll handle that. [Post edited 28 Feb 2023 20:40]
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| Jenkins & Martin / Consortium Takeover on 00:17 - Feb 28 with 887 views | ReslovenSwan1 |
| Jenkins & Martin / Consortium Takeover on 20:25 - Feb 27 by Thrasher6 |
I'd rather the next owners be Jacks...hot wired in as local people...if that's Jenkins Morgans....I 'll handle that. [Post edited 28 Feb 2023 20:40]
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They have been fabulous for Swansea City and delivered success for more than 12 years. More praise is appropriate. You have no need to be troubled by this possibility.
They have been mugged by the curse of modern world namely social media and people able to frame a narratives that fits with fans backgrounds. In south Wales working class pseudo Christian socialism. It is not difficult to push emotional triggers.
No one was to blame for relegation and there was an element of bad luck,but that is not how Swansea fans operate. I recall Malcolm Struel's Jaguar being torched in the Vetch Field car park in the early 80s.
Relegation was inevitable. Only Everton outside of the big 6 clubs have not spent time in the second division. | |
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| Jenkins & Martin / Consortium Takeover on 00:51 - Feb 28 with 878 views | STID2017 |
| Jenkins & Martin / Consortium Takeover on 00:17 - Feb 28 by ReslovenSwan1 |
They have been fabulous for Swansea City and delivered success for more than 12 years. More praise is appropriate. You have no need to be troubled by this possibility.
They have been mugged by the curse of modern world namely social media and people able to frame a narratives that fits with fans backgrounds. In south Wales working class pseudo Christian socialism. It is not difficult to push emotional triggers.
No one was to blame for relegation and there was an element of bad luck,but that is not how Swansea fans operate. I recall Malcolm Struel's Jaguar being torched in the Vetch Field car park in the early 80s.
Relegation was inevitable. Only Everton outside of the big 6 clubs have not spent time in the second division. |
Everton twice relegated - 1930's and 1950's
Arsenal ere the only team never to to play outside the top division.
Woolwich Arsenal did - but that is a different story | |
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| Jenkins & Martin / Consortium Takeover on 01:40 - Feb 28 with 863 views | ReslovenSwan1 |
| Jenkins & Martin / Consortium Takeover on 00:51 - Feb 28 by STID2017 |
Everton twice relegated - 1930's and 1950's
Arsenal ere the only team never to to play outside the top division.
Woolwich Arsenal did - but that is a different story |
I was referring to recent times and should have mentioned Premier league years. Man city got to 3rd division, Good information from you nevertheless. | |
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| Jenkins & Martin / Consortium Takeover on 07:52 - Feb 28 with 773 views | Boundy |
| Jenkins & Martin / Consortium Takeover on 01:40 - Feb 28 by ReslovenSwan1 |
I was referring to recent times and should have mentioned Premier league years. Man city got to 3rd division, Good information from you nevertheless. |
No proof of love /affinity /commitment being show to the Club by the yanks , I suspect you couldn't find any | |
| "In a free society, the State is the servant of the people—not the master." |
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| Jenkins & Martin / Consortium Takeover on 11:41 - Feb 28 with 710 views | whiterock |
| Jenkins & Martin / Consortium Takeover on 19:03 - Feb 27 by ReslovenSwan1 |
There is no point talking about the Shareholders agreement unless you know what it says. What missing minutes?
The Trust were given 4 months to cut a deal and were not excluded. They were introduced ti the buyers in March 2016 with cash in their pockets to buy their shares. The club completed the deal in late July 2016, Why they did not sell is a matter for the members to work out. |
But what about the prior 4 months, Jenkins signed a pre-sale agreement in December 2015, told the trust about that deal in March 2016.
Not sure about missing minutes but there was made up minutes in July 2016 that were a total fabrication, no meeting took place yet these minutes were fundamental to the sale of Swansea City and were lodged in companies house. | | | |
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