Jenkins

Jackflash

Jackflash

Midfield General
Staff member
I thought it wouldn't be long before he had a thread, so here goes.
Firstly,why was he allowed to go to the States to negotiate single handedly, if anyone should have accompanied him it should have been a major shareholder -ie the Trust board member. I would assume any trans-Atlantic conversations that went on were by telephone,to eliminate any records, or are there company e/mails regarding the sale ??.
Can't you just imagine the greed at a meeting in the States when they say "Sign that Huw and we'll make you a millionaire, then sign this and we'll make you a multi millionaire. All this being cut and dried before any announcement regarding the sale of the club.
He has been proven to be a liar by that Cardiff tribunal, but that chairman saw fit to call it an oversight by Jenkins,the fact that he knowingly signed and approved the minutes of a non existent meeting. I'm pretty sure the Police Fraud Squad wouldn't see it in quite the same light. Why the Trust hasn't follow this up puzzles me.
One would imagine that even since the takeover the £M's he's cost the club (and the yanks) through inadequate dealings and signings he would have been dismissed.
My take on this is that there were transactions made,shall we say not strictly legal.So in effect they have a gun to each others head,if things came out in the open they could lose the club and Jenkins his £m's. So IMO between them they will continue to bleed the club to death,I feel when there's nothing left the yanks will pull out, and then and only then is when Jenkins will leave. I just hope I'm wrong.
 
The Blobster

The Blobster

Prediction Champ
It doesn't need the trust to report suspected fraud to the police. I'm certain that some supporters may have aired their concerns with the authorities , if not why not ? A group such as the SCSA should take on this responsibility on our behalf.
One thing for sure is that the idiot is no longer welcome in our club ( or the other sellouts ).

YOU GREEDY BASTARDS GET OUT OF OUR CLUB !
 
ivoralljack

ivoralljack

Grizzled Veteran
Staff member
Everyone knows what I think of Jenkins and I can only agree with the last two posts. His position has to be untenable yet he's still there! He's got the hide of a rhino and every time he takes his seat at the Liberty, he's taking the piss out of us all.
 
The Blobster

The Blobster

Prediction Champ
I think we all agree that his position is totally untenable , what's wrong with the yanks if they can't see that, or more to the point what are they afraid of if they do get rid of the idiot.
 
Yankee_Jack

Yankee_Jack

Key Player
I don't understand why the Trust are negotiating with the Club. There is nothing the Club or the new owners can do to make the Trust whole.

The Trust have not been damaged by the Club or the new owners. It is the conduct of the previous officers and shareholders that have damaged the Trust. It is those people that the Trust should be taking action against. The Club - i.e. new owners - should STFU and stay out of the way as a neutral party. The only way the Club - i.e. new owners should be involved - is if it is subsequently determined through discovery that they colluded with the old shareholders.
 
The Blobster

The Blobster

Prediction Champ
They have colluded though, they were told by Jenkins not to inform or deal with the trust , which they agreed to and kept the trust blind to the takeover negotiations. Being that the trust with 21% were the largest shareholder (pre-sale) , to me that shows complicit collusion to exclude the trust, so in my mind the yanks are ( almost ) as bad as the idiot !
 
Jackflash

Jackflash

Midfield General
Staff member
Exactly Blobs,although I wouldn't be too sure who told who to keep the trust in the dark, was it Jenkins telling them or them telling Jenkins.To either party the trust was going to be the fly in the ointment,if that directive did come from Jenkins,then again knowingly, he has kept information from a board member that represented 21.1% of the club.Just how much evidence is needed to prove this takeover didn't have the approval of it's largest shareholder.
As you say,the SCSA was formed with the sole intention of removing Jenkins,but they now appear to be toothless,apart from a bit of flag waving at one or two games. The trust also to my knowledge have made no legal challenge to the sale.which to me is even more puzzling.
 
Yankee_Jack

Yankee_Jack

Key Player
@Jackflash - I think the sale is done. It can't be rolled back. The legal challenge should be against the selling party(s). They are the ones with the money. They are the ones that conspired to exclude the Trust. They are the ones that should make the Trust whole .... IMO.
 
Jackflash

Jackflash

Midfield General
Staff member
I can recall vividly when Jenkins became chairman in 2002. he stood in front of the camera and pointed and said "This will never happen to this club again"...…...then " We own our club, a position all football fans would like to be in." Now in 2018 he could well be the perpetrator responsible for a complete reversal of those pledges, and for no other reason than personal greed.
Lets not be under any illusions about his money saving the club,never happened, there was none of Jenkins' money in the carrier bags that purchased the club,he invested a little while after,when the club was on a slightly more even keel. Even today he would like to have you believe what he did he did for the benefit of the club, nothing to do with the £11M he received,if the club becomes a sinking ship again it would be interesting to see how much of it he would reinvest, my guess is Zero.
 
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Ladygargar

Ladygargar

Fox in the Box
Staff member
I have no idea why he’s still there when by his own admission seeing us out of the EPL should’ve seen him out of a job - stranger than strange - in any other organisation he’dve had his marching orders I can’t imagine by what glue he’s managed to apply himself :mad:
 
Jackflash

Jackflash

Midfield General
Staff member
Ladygargar said:
I have no idea why he’s still there when by his own admission seeing us out of the EPL should’ve seen him out of a job - stranger than strange - in any other organisation he’dve had his marching orders I can’t imagine by what glue he’s managed to apply himself :mad:
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You don't need glue LadyGG if your a leech.
 
Borini

Borini

Key Player
The yanks know nothing about football.. they have seen jack to a king and think big nose knows what he is doing. He is telling them he is the man for the job. He tells them of his fabulous past decisions. He does not mention the millions he has cost us by his poor recruitment and shoddy sales. They will learn but by then the pot will be dry and Jenkins will sneak off undisturbed but a very very rich idiot indeed.

Greedy bastard get out of our club.
 
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Jackflash

Jackflash

Midfield General
Staff member
Looking back on some notes I see that MP Ms Tonia Antoniazzi wrote to Swansea City council leader Mr Rob Stewart saying "The financially motivated actions by the new owners of SCFC may not be in the best interest of the supporters of Swansea City,stating we are now owed by 27 American Capitalists who are soon going to want to see a return on their investments."
Pearlman says he is adamant they will not asset strip the club. So where is all this investment money put in by these 27 investors, Is it that money that has paid Jenkins and Co.their £ Millions. Has Kaplan & Levien farmed out their initial investment to these 27.
Was Jenkins aware there were going to be 27 owners if not why not, there are clauses to alleviate these happenings.
The pickings from the Championship are going to be far less than of the Premiership, so paying these investors their dividends is going to cut even closer to the bone.
One last quote from the chairman from a short while back. "Any decisions made by the board will always be in the best interests of the club and supporters.
 
ivoralljack

ivoralljack

Grizzled Veteran
Staff member
Jackflash said:
One last quote from the chairman from a short while back. "Any decisions made by the board will always be in the best interests of the club and supporters.
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That should read: Any decisions made by the board will always be in the best interests of the board and the shareholders.
 
Jackflash

Jackflash

Midfield General
Staff member
Borini said:
That should read: any decisions made by the board will always be in big noses favour.
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Looks like he's got his wings clipped by the yanks regarding his DOF role. No doubt he will say it was his decision, but it's pretty obvious the directive giving Pots total control has come from the yanks.
 
Jackflash

Jackflash

Midfield General
Staff member
Borini said:
Clip his wings and give him a P45
He no longer has a function.
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True, he'd have a job now explaining what his role is.Would he have the balls to say I'm chairman of a club I sold behind everyones backs that made me a multi millionaire. A move that got the club relegated from the Premiership division, a move that's got me hated and despised, But do I worry,do I f#ck, I'm a multi millionaire now. I'm the real Jack to a King, from a bankcrupt builders merchant to a multi millionaire. Thanks to SCFC, thank you one and all.
 
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