The Yanks are killing us off.

Jackflash

Jackflash

Midfield General
Staff member
The Yanks are killing us off. ?
Jenkins knowingly did that almost three years ago. The yanks haven't stopped turning the knife since. Jenkins with all his guile now feels it's time to ask for forgiveness, and get out after almost three years, or is it just coincidence that his decision to leave coincided with the fact that the loss at the time indicated that our promotion prospects were gone, so no big Premiership monies to be distributed among the gang. it was worth taking all the shit being slung at him for two years for his £M's. but why continue to do it or nothing. As chairman, supposedly in control of finances did it really take him over 30 months to realise the club was being shafted, of course not, but now when it's being shafted with no financial gain to him it was time to walk.
 
CroJack

CroJack

Key Player
Jenkins brought us initially into this mess. Already in 2016 our wage-to-revenue ratio was 85%. Totally unsustainable. There are three possibilities:

either

Jenkins and co. conned the yanks to buy the club,

or

the yanks are stupid and and clueless as businessmen.

or

both.

After 2016 the responsibility for the mess lies on Jenkins and the yanks' shoulders. Jenkins continued to buy dudes for huge amounts of money and appointed clueless Clement and aproved appointment of Bradley. The yanks watched passively the club being ripped apart both financially and on the pitch.

The trouble is that one clueless chairman has now been replaced by twentyeight clueless owners. Dan James saga is the proof the yanks don't know what they are doing.

I don't have anything against getting rid of the high earners and developing a squad of young players from the academy. If it takes three, four or five years it's fine as long as we play some good football. But when the yanks want to sell on cheap one of our brightest young stars at the first opportunity, then they can go and f*** themselves.
 
Last edited:
Jackflash

Jackflash

Midfield General
Staff member
I don't think the yanks are that clueless, being able to stump up £100M and still have even more left. Jenkins would never be clever enough to con people like that out of £100M. you can bet your boots their accountants went through the books with a fine tooth comb. I think they went into this with their eyes wide open, probably having already recouped most of their initial outlay, and with full intention of doing what they're doing now. slowly but surely asset stripping until they've bled it to death. Do you honestly believe they would have continued to employ Jenkins if he'd conned them,certainly not, they were all part of this conspiracy.
 
ivoralljack

ivoralljack

Grizzled Veteran
Staff member
As I said in a previous post, the moment the Wanks took over we ceased to become a football club and became a kleptocracy - just a means for a couple of opportunists to 'steal' money from the club to feed their investors. Jenkins' part in this is blatant and undeniable. He aided and abetted the scheme to make a lot of money by throwing our club to the wolves, taking great care to ensure that the Trust was kept in the dark about his real intentions. Then he compounded his actions with even further stealth when he 'forged' phantom minutes about a meeting that he knew full well had never taken place. How on earth his explanation, that he was confused about events, was accepted by the authorities defies credibility when we all know the truth of the situation.

In my opinion, the board and the purchasers were guilty of criminal actions and this needs to be tested in a court of law where ALL the facts about the takeover can be brought into the public domain. Time for the Trust to stop talking and start walking.
 
CroJack

CroJack

Key Player
Jackflash said:
Do you honestly believe they would have continued to employ Jenkins if he'd conned them,certainly not, they were all part of this conspiracy.
Click to expand...
I do believe that Jenkins, Morgan and co. conned the yanks. They sold them From Jack To a King story, and the clueless yanks thought we were good enough to stay in the Premier League. It's f****** obvious they don't know anything about football and the strength of the Premier League. By bying a Premier League club the yanks hoped for a huge commercial revenue in the states.

What I also believe is that Jenkins, Morgan and co. together with the yanks conned the Trust.


Jackflash said:
...you can bet your boots their accountants went through the books with a fine tooth comb.
Click to expand...
The books still looked "fine" when their accountants went through them. But what their accountats obviously didn't know was that 85% wage-to-revenue ratio is not sustainable for a small football club who lives of TV money and whose small profit depends on surviving in the Premier League. Football is a risky business if you are not a billionaire who wants to gamble. And investing in a small club like Swansea, with a low capacity stadium and small commercial revenue, means your risk multiplies.
ivoralljack said:
The moment the Wanks took over we ceased to become a football club and became a kleptocracy - just a means for a couple of opportunists to 'steal' money from the club to feed their investors.
Click to expand...
That's a tittle-tattle. There is simply no evidence they steal the money.
 
Last edited:
CroJack

CroJack

Key Player
ivoralljack said:
Jenkins' part in this is blatant and undeniable. He aided and abetted the scheme to make a lot of money by throwing our club to the wolves, taking great care to ensure that the Trust was kept in the dark about his real intentions.
Click to expand...
Agreed.
 
ivoralljack

ivoralljack

Grizzled Veteran
Staff member
CroJack said:
That's a tittle-tattle. There is simply no evidence they steal the money.
Click to expand...
That's why 'steal' was written in quotation marks. I used the word to indicate that they put sod all into the club for players and invested very little of the huge sum that was generated by outgoing transfers. Imo that is tantamount to 'stealing'.
 
CroJack

CroJack

Key Player
ivoralljack said:
That's why 'steal' was written in qutation marks. I used the word to indicate that they put sod all into the club for players and invested very little of the huge sum that was generated by outgoing transfers. Imo that is tantamount to 'stealing'.
Click to expand...
Ok, I misunderstood that one. Sorry.
 
You must log in or register to reply here.
Top Bottom