| Jake Silverstein gets the plaudits from the trust ish 👠well ... 16:57 - Feb 15 with 1294 views | KeithHaynes |
Swansea City is pleased to announce that the club, the Swansea City Supporters’ Trust, and the former majority owners of the club have reached an agreement on a unified path to support the football club moving forward.
Following on from this agreement, the current board of directors — including its majority shareholders and the Supporters’ Trust — plan to work together and build on the strong foundations that are in place as a result of this agreement.
The Supporters’ Trust has always been a much-valued and fundamental part of the football club since 2001. As part of this agreement, the Trust’s shareholding in the club will include a permanently protected 5% ownership position, and the Trust will have ongoing, indefinite representation on the club board.
“This is the product of months of hard work spent in constructive and detailed conversations between ownership and the Supporters’ Trust and the former majority owners to find our best path forward for all parties and in particular the football club,” said Director Jake Silverstein.
“This resolution has come about through a strong desire to figure out how we can ensure a long-term alignment of interests between all stakeholders and to establish a strong foundation from which to continue building a sustainable club that succeeds both on and off the pitch. We’d like to thank the Supporters’ Trust, and in particular Trust Chair Dave Dalton for his tireless work in achieving this. I sincerely believe that we can move forward, work together and strive for success because at the core we all want the same things for Swansea City.”
Dave Dalton, Chair of the Supporters’ Trust said: “The Trust is pleased to have reached a resolution that is in the best interests of the Trust and football club and looks forward to a new chapter built on mutual support and co-operation. The Trust will shortly provide further clarifications about the agreement reached in a separate statement to its members.”
Majority shareholder Jason Levien added: “We have been determined to establish the proper framework by which we can work together with the Supporter’s Trust to support the club in continuing to thrive and move forward.
“Jake has played a key role in helping to drive this and, on behalf of the club, both myself and Steve are grateful for his and Dave Dalton’s efforts to bolster our future collaborations with the Supporters’ Trust.”
15th February 2022
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:22 - Feb 15 with 1209 views | vetchonian |
SO JAke want here to help with the transfer window then now we know what it was he was really doing here |  |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:25 - Feb 15 with 1202 views | KeithHaynes |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:22 - Feb 15 by vetchonian |
SO JAke want here to help with the transfer window then now we know what it was he was really doing here |
Money man apparently. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:29 - Feb 15 with 1191 views | Dr_Winston |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:25 - Feb 15 by KeithHaynes |
Money man apparently. |
Majority shareholder at some point I'd imagine. |  |
| 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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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:33 - Feb 15 with 1187 views | Chief |
He maybe getting plaudits from the trust board but he's getting no plaudits from the trust membership. |  |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:46 - Feb 15 with 1157 views | pencoedjack |
I bet Jenkins Morgan & the other sell outs are gutted they have to part with some small change from the massive payout they received from selling their stake to a US hedge fund.
Nothing against the current owners but those lot are lower than shark shite imo. |  | | |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:02 - Feb 15 with 1134 views | ReslovenSwan1 |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:33 - Feb 15 by Chief |
He maybe getting plaudits from the trust board but he's getting no plaudits from the trust membership. |
You like many members have a very poor grasp of business basics unfortunately and work on emotion rather than logic.
I am a little disappointed that the US people and Sellers have given too much away. |  |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:09 - Feb 15 with 1119 views | Chief |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:02 - Feb 15 by ReslovenSwan1 |
You like many members have a very poor grasp of business basics unfortunately and work on emotion rather than logic.
I am a little disappointed that the US people and Sellers have given too much away. |
Haha of course you would.
It's not emotion, it's business. The trust have given up a chance to gain £21mill for 500k. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:10 - Feb 15 with 1113 views | BillyChong |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:25 - Feb 15 by KeithHaynes |
Money man apparently. |
The sellouts and yanks must be thanking their lucky stars for Silverstein, no one else. He’s got rid of the pesky supporters voice in a slightly underhand fashion, whilst saving the sellouts having to dip into their millions.
It’s about time one of the multitude of Americans across the ocean behind the scenes stumped up some cash:
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:12 - Feb 15 with 1106 views | Dr_Winston |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:10 - Feb 15 by BillyChong |
The sellouts and yanks must be thanking their lucky stars for Silverstein, no one else. He’s got rid of the pesky supporters voice in a slightly underhand fashion, whilst saving the sellouts having to dip into their millions.
It’s about time one of the multitude of Americans across the ocean behind the scenes stumped up some cash:
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And that's good 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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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:15 - Feb 15 with 1099 views | ReslovenSwan1 |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:09 - Feb 15 by Chief |
Haha of course you would.
It's not emotion, it's business. The trust have given up a chance to gain £21mill for 500k. |
if Swansea get to the PL and sell it is £20m + 5% plus £1.5m. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:17 - Feb 15 with 1096 views | BillyChong |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:12 - Feb 15 by Dr_Winston |
And that's good is it? |
Depends which way you look at it. The point is none of the other yanks have turned out to be ‘money men’. | | | |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:18 - Feb 15 with 1093 views | ReslovenSwan1 |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:10 - Feb 15 by BillyChong |
The sellouts and yanks must be thanking their lucky stars for Silverstein, no one else. He’s got rid of the pesky supporters voice in a slightly underhand fashion, whilst saving the sellouts having to dip into their millions.
It’s about time one of the multitude of Americans across the ocean behind the scenes stumped up some cash:
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Its time the Trust stumped up some cash. £880,000 in the bank and nothing to spend it on. £500k at least into the convertible loan note please. Why should Mindy cough up? She has never even been to Swansea (or Resolven) as far as I know. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:25 - Feb 15 with 1072 views | jasper_T |
Happy for us to stay near the bottom of the chart. Should be very proud of a sustainable football club, although those accounts figures are obviously two years out of date. Last year's loans now being converted into share capital means we're not still on zero. | | | |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:34 - Feb 15 with 1050 views | Chief |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:18 - Feb 15 by ReslovenSwan1 |
Its time the Trust stumped up some cash. £880,000 in the bank and nothing to spend it on. £500k at least into the convertible loan note please. Why should Mindy cough up? She has never even been to Swansea (or Resolven) as far as I know. |
You know they won't join and the likes of Silverstein wouldn't want them to. So I don't know why you keep going on about it. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 19:16 - Feb 15 with 991 views | KeithHaynes |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 17:33 - Feb 15 by Chief |
He maybe getting plaudits from the trust board but he's getting no plaudits from the trust membership. |
It’s hard when you are stuck in the middle. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 19:39 - Feb 15 with 920 views | Chief |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 19:16 - Feb 15 by KeithHaynes |
It’s hard when you are stuck in the middle. |
He's being adequately recompensed for his efforts. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 19:42 - Feb 15 with 910 views | KeithHaynes |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 19:39 - Feb 15 by Chief |
He's being adequately recompensed for his efforts. |
Pretty sure he doesn’t do it for nothing mate. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 19:43 - Feb 15 with 903 views | Dr_Winston |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 18:17 - Feb 15 by BillyChong |
Depends which way you look at it. The point is none of the other yanks have turned out to be ‘money men’. |
Good.
Imagine being dependent to the tune of tens of millions to anyone. | |
| 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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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 20:52 - Feb 15 with 802 views | ReslovenSwan1 |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 19:43 - Feb 15 by Dr_Winston |
Good.
Imagine being dependent to the tune of tens of millions to anyone. |
On his linked in he calls himself a "co owner". The loan must therefore have been converted. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 20:53 - Feb 15 with 801 views | Chief |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 20:52 - Feb 15 by ReslovenSwan1 |
On his linked in he calls himself a "co owner". The loan must therefore have been converted. |
It hasn't yet. He's jumped the gun. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 21:00 - Feb 15 with 789 views | BillyChong |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 20:52 - Feb 15 by ReslovenSwan1 |
On his linked in he calls himself a "co owner". The loan must therefore have been converted. |
Todays agreement certainly wasn’t reached on the basis of the loan being converted. No assurances that Silverstein will convert were received during negotiations. | | | |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 21:41 - Feb 15 with 728 views | ReslovenSwan1 |
| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 21:00 - Feb 15 by BillyChong |
Todays agreement certainly wasn’t reached on the basis of the loan being converted. No assurances that Silverstein will convert were received during negotiations. |
https://www.linkedin.com/in/jake-silverstein-5a032480
Co owners he says. | |
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| Jake Silverstein gets the plaudits from the trust ish 👠well ... on 21:53 - Feb 15 with 693 views | Chief |
Well he's lying. Unless he has forgotten to inform companies house and he's already that statement today reneging on that statement today which promised cooperation. | |
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