Ryan Woods linked

LittlePuma

Key Player
Carters-Vickers would be a good addition if it happened, otherwise, I'm not seeing any links with central midfielders which we are desperate for.
I haven’t seen much either with regard to midfielders, but we seem to only do any actual work in the recruitment department on deadline days so I’m pretty confident that we will go in for someone next week.
 

The Blobster

Prediction Champ
We will have one loan , the lad from spurs.
If you think we will bring in more than that you are living in LA LA Land !

Jenkins out , Yanks out or nothing will change.
The board are showing no support to Potter at all.
 

Jackflash

Midfield General
Staff member
How can we leave the Premiership at a loss? We've sold players without spending a fraction of it to replace them, couldn't increase a £6M bid by £500,000 to acquire a much needed player. Just what does it take for the Trust to grow a pair and start asking some relevant questions. The club has been on a downward spiral since the takeover,with Jenkins being the only one to benefit at our expense. We had loud noises from a newly formed SCSA with the sole intention of removing Jenkins, once again proven to be toothless, a little bit of handkerchief waving at one game must have really scared the shit out of him. There has to be a MASS organised supporters demonstration consisting of thousands both inside and out of the stadium with all media channels informed, we are now reaching a point where no action will see the end of our club.
 

LittlePuma

Key Player
We will have one loan , the lad from spurs.
If you think we will bring in more than that you are living in LA LA Land !

Jenkins out , Yanks out or nothing will change.
The board are showing no support to Potter at all.
The weather is nice in La La Land! :cool: I think we will bring in one/two more after Carter Vickers.
 

Borini

Key Player
Sell Clucas to get the funds to buy woods. Ok
Now both are at Stoke.
It does not matter though as we now have a new 3rd kit .......
You cannot make it up!!
Yanks out Jenkins out .
 

ivoralljack

Grizzled Veteran
Staff member
Sell Clucas to get the funds to buy woods. Ok
Now both are at Stoke.
It does not matter though as we now have a new 3rd kit .......
You cannot make it up!!
Yanks out Jenkins out .
Unfortunately, none of them will leave until they choose to. We can clamour for their resignations as much as we like on here and other forums but the sad fact is, we have about as much effect on them as a butterfly attacking a rhino. They will only leave when they're good and ready and that won't be until they've feasted on every scrap of flesh they can tear from the corpse of Swansea City AFC. That is their sole aim. Nothing else!

They lied openly in public interview about their intention to provide funds from their own resources to buy players and they've been lying ever since. They have only ever spent money they received from players they have sold - and nothing like all of that. Excuse me!! Anyone on this forum could have done that and, in my opinion, have done it a lot better than they have.

What we are witnessing now is the board and owners spending a bare minimum amount of money just to keep us alive, so they can grab the few remaining assets the club have left to its name. I have no doubt that they are already eyeing the likes of Joe Rodon, Celina and maybe a couple of others, as players they might make some money on. Make no mistake, the moment such players acquire any transfer value, these people will flog them and pocket the money. In my opinion, they are cheap crooks, proven liars, who couldn't care less about us or our football club and we have to helplessly watch as they drive our club into oblivion in the name of profit. We are being sacrificed on the altar of their greed and avarice.

So, how will this play out? At the moment, exactly as they want it to. The only weapon we have at our disposal is the Trust and they are firing blanks. In fact, it seems to me that they haven't even loaded the gun. We all know there are grounds to question the initial deal and then there is the business of Jenkins forging minutes for a non-existent meeting, which seems to have been swept under the carpet. To me, that is a CRIMINAL OFFENCE and the fact that he is still allowed to be a director of our club is absolutely outrageous.

It seems to me as a Trust member, that the Trust is NOT acting in the best interests of the club and its own members. The big question is WHY?
 

Jackflash

Midfield General
Staff member
I have come to the conclusion that absolutely no one concerned with the club,be it board or Trust can be trusted. The Trust was formed for one specific reason, to safeguard the interests of the fans,to date from the takeover (which supposedly they were unaware of ??) they have done absolutely nothing even though watching our club being bled to death, they may just as well be non existent. just what are fans subscriptions being used for?. Maybe those 21% shares would be better in the hands of some party who would have some fight in them rather than this lot taking everything laying down.
They (The Trust) have elections voting in a Chairman etc. But a chairman of what ?? a body of so called dedicated supporters who sit back and watch our club being RAPED.
 
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CroJack

Key Player
They (The Trust) have elections voting in a Chairman etc. But a chairman of what ?? a body of so called dedicated supporters who sit back and watch our club being RAPED.
Thanks to Jenkins, Morgan & co., the Trust can only watch the club being raped. That's not the Trust's fault.

The Yanks own 68 % of the club's shares, but they also have the absolute majority of the voting rights. Normally, you have to own 75% of shares to have absolute voting majority.

So how come the Yanks have the absolute voting majority with only 68% of the shares?

Well, they probably gave Jenkins and Morgan a higher price for their shares and in return Jenkins and Morgan transfered their voting rights they had for their remaining stakes in the club. Jenkins and Morgan still own 10% of the Swansea shares. In my opinion that was the reason the Yanks on one side and Jenkins, Morgan & co. on the other side made a shady deal behind the Trust's back.

It's a simple math:

Let's say the club was worth £100 m (<--- this number is just an example, it's easier to explain). To pay all shareholders out the Yanks should have spent exactly £100 m. But the Yanks payed to Jenkins, Morgan and co. more than £68 m for 68 % shares (let's say £70-75m), and in return got 78% voting rights and the absolute control over the club. They saved let's say £25-30m and they can do what they want.

All these numbers are just an example.
 

ivoralljack

Grizzled Veteran
Staff member
There is always a reason “why”
Of course, but who the hell is asking on our behalf? The Trust should but it isn't.

Well, they probably gave Jenkins and Morgan a higher price for their shares and in return Jenkins and Morgan transfered their voting rights they had for their remaining stakes in the club. Jenkins and Morgan still own 10% of the Swansea shares. In my opinion that was the reason the Yanks on one side and Jenkins, Morgan & co. on the other side made a shady deal behind the Trust's back.
This is exactly what the Trust should be attacking, probing and asking awkward PUBLIC questions about, demanding PUBLIC answers. Our (Trust) minority rights were not protected on the takeover because we knew sod all about it. The Trust should have received a pro rata payment for their shares along with the rest. But we were excluded because the dodgy deal was done on the quiet and then presented as a fait accompli.

As far as my limited knowledge allows, this was illegal but, as far as I know, the Trust have done bugger all about pursuing this course of action. I ask again, WHY? It stinks, it really does.
 

Borini

Key Player
The guy who sits next to me said woods is signing for st#ke and little Joe is coming to us. ( I think he has been smoking strange ciggies !)
 

CroJack

Key Player
As far as my limited knowledge allows, this was illegal but, as far as I know, the Trust have done bugger all about pursuing this course of action. I ask again, WHY? It stinks, it really does.
You are totally right and I agree with you. What happened during the takeover was not the Trust fault, but what happened after it is.
 
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