What's that smell????

Yankee_Jack

Yankee_Jack

Key Player
If I read that correctly, they were being cheap bastards and trying to squeeze Brentford to lower their price.
 
Borini

Borini

Key Player
They also said he would not be a good fit
for us after GP said he really wanted him!!!!
 
Jackflash

Jackflash

Midfield General
Staff member
Think you mean 'What's that Stench' So it looks like Laurel & Hardy are the ones, and only them that decide what players come in. They rejected Potters request for Ryan Woods on the grounds that they brought a player in at Clements request (Sanches) and it didn't work. THEY, LAUREL & HARDY didn't think Woods would fit into the team. "But ultimately when we did our diligence we thought it was not the ideal fit for us at the time." Just who the f~ck do they think they are, they even go as far as to say they were sorry to disappoint Potter in rejecting Woods. The article goes on with unbelievable spiel from them. How can we ever get rid of them? This club has no future under their ownership.And it all boils down to one man Jenkins, If he hadn't sneaked of to America to do that back stabbing deal we wouldn't be in this situation now. They say it may take years to return to the Premiership, to a league we were in when they took over. They took over in 2016, obviously negotiations had gone on a long time before that,is it possible Jenkins was instructed Laudrup had to go before any negotiations could begin, as I don't think he would have taken their player selling laying down, plus the flimsy excuse Jenkins used to sack him. I wouldn't put anything past the devious bastard.
 
The Blobster

The Blobster

Prediction Champ
Yup, looks like the overriding reasons for not doing the deal was because Brentford had the balls to hold out on their valuation of the player and would not take a cut in price as they admitted was the pattern for sales of swans players.
So they now understand football better than McCauley, Potter and Jenkins ? Stinks of interference from that yank international hedgefunder Donovan who they use as an advisor. They know nothing and will contribute nothing except the continued rape of SCFC !

You greedy bastards get out of our club and take Konky the clown with you !
 
Jackflash

Jackflash

Midfield General
Staff member
The Blobster said:
Yup, looks like the overriding reasons for not doing the deal was because Brentford had the balls to hold out on their valuation of the player and would not take a cut in price as they admitted was the pattern for sales of swans players.
So they now understand football better than McCauley, Potter and Jenkins ? Stinks of interference from that yank international hedgefunder Donovan who they use as an advisor. They know nothing and will contribute nothing except the continued rape of SCFC !

You greedy bastards get out of our club and take Konky the clown with you !
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According to them in that article the Woods deal was dead in the water long before, just using the last window statement as an excuse. They in their infinite football wisdom had previously decided that Woods would not be an integral part of the team, irrespective of the fact that Potter saw him as a key player. I would agree with Blobby that Donavan had a finger in the pie.
 
ivoralljack

ivoralljack

Grizzled Veteran
Staff member
Shows what pure bred idiots are now running our club. I can't think of a single redeeming feature amongst the whole pack of them. Here's some more complete and utter bullshit if you can stomach it. Typical that the WOL "journalist" who was despatched to the USA on what seems like a paid holiday jaunt, couldn't find so much as one awkward question to nail these thieving shysters for what they are. Just my opinion, of course. :rolleyes:

https://www.walesonline.co.uk/sport/football/football-news/swansea-citys-steve-kaplan-jason-15107053
 
Yankee_Jack

Yankee_Jack

Key Player
What I take from the article in @ivoralljack's post is this:
  • we financed players (e.g. Clucas) using the selling club's ability to factor the receivable so that we could pay in installments. When we sell we have to settle that debt first - I presume that JAyew, Mawson and Clucas were done that way, and perhaps Bony and AAyew, and Mesa although the latter may have been straight cash since the factor vehicle may not be available in Spain.
  • we paid cash for Sanches and Bambi
  • we either paid cash immediately or are still paying cash over time to settle manager and coaching team contracts - e.g. Guidolin, BoBo and Clement.
  • they claim that they have funded working capital from time to time.
  • this begs the question what happened to all of the funds from Sig and Llorente last year and sales of players this season like Fed and Fab who we owned free and clear of any encumbrances.
It seems that they have their head's on straight and are dealing with a difficult financial situation in a prudent manner. They use the term "reboot" and that's a good way to look at it and approach it. It looks like Potter is the guy who is going to be given patience and understanding - so far he is not disappointing. Our one saving grace as a Club is the brilliant work done in the U-23 and levels below to develop the crop of players we are currently using otherwise we'd be frantically bailing a badly leaking boat. With our U-23 we are more like a phoenix rising from the ashes .... otherwise we'd just be ashes and joining Sunderland.

Clearly, the owners are risk averse and are still chastened and processing lessons learned from the Clement debacle of Mesa and Sanches and the fact that we paid over the top for Clucas who delivered pretty much nothing of value for the price we paid. Similarly, AAyew's limited contribution has to be a choker. I imagine that behind the scenes some knuckles were badly rapped (hence the clear out of our scouting) and those that remain were recalibrated. As a business, the MLS is a cakewalk compared to the knife and dagger of football on this side of the pond .... relegation means there's no room to fuck up. They get it!
 
MIjacks

MIjacks

First Teamer
Exactly Yankee_Jack it sounds like the team has been run terribly financially, now that they don't have Premier League funds to cover it up. So they have decided to now make sure they balance things out, which actually is smart in the long run because it's real easy for finances to spin out of control and become Sunderland, Blackpool etc. My big question then is how Huw has a job? My only thought is he must be the guy that's willing to just do what they ask and is willing to do the dirty work like how they originally bought the club. Finally, they may have fallen into some gold with Potter just gotta hope they don't mess it up like Laudrup.
 
Behindthegoal

Behindthegoal

Key Player
Excellent analysi, Yankee!
I'm not clear on how they funded working capital deficits. Will we see directors' loans on the balance sheet or were they more like bridging loans? (Presumably while waiting for next tranche of TV money)
 
Yankee_Jack

Yankee_Jack

Key Player
@MIjacks ... a good point and question ... good cash flow can hide a lot of mismanagement sins, and I am guessing there were a lot. As for why does he still have a job ... that's the same as: why has the Trust not pressed a claim against the selling shareholders. Too many odd situations unresolved ... and now that the chairman responsible for the "driving while asleep" phase before the sale is back in charge of the Trust, will we ever move forward on that.
 
Jackflash

Jackflash

Midfield General
Staff member
ivoralljack said:
Just gotta hope that Potter doesn't get pissed off before then and go to a club that deserves him.
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They certainly haven't got off to the best start with him regarding the Woods saga. Wouldn't surprise me if he isn't a little dejected already.
 
CroJack

CroJack

Key Player
Yankee_Jack said:
It seems that they have their head's on straight and are dealing with a difficult financial situation in a prudent manner. They use the term "reboot" and that's a good way to look at it and approach it.
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I think they are full of shit.

1. Are we in a difficult financial situation? I don't buy it. They say we still pay installments for our flops, but they say nothing about installments for Siggy, Cork, Llorente etc.

2. If we were in a difficult financial situation then why the man who has been in charge has not been sacked yet?

3. They say they decided on the last day of the transfer window that Ryan Woods was not the right player for us? Really?

4. Who is lying, the Yanks or Dineen who says we didn't have £6m to buy Woods?

5. They say what they are doing now is a long term project. Yeah, right. And what do they want to achieve? Do they want us back up in the Premier League? I doubt it. This year is the year we should be doing everything to achieve promotion. Longer we wait more difficult it becomes. Experts say the first year parachute payment is worth 5 points. Of course if you use it. Do you really think the Yanks won't sell Celina, Roberts, McBurnie, Rodon...next year? I bet they'll also get rid of all high earners like Naughton, Olsson, Van der Hoorn, Bony, Fer and Carroll. And then we'll start from scratch.

I think the Yanks don't want us back in the Premier League. I think they've figured out that the Championship can be more profitable than the Premier League. No need to invest, less work, less risk and the profit can be huge. In this crazy world young Championship players can be sold for £20 -£30m. You just have to have a good Academy, scouting department and manager who can keep you afloat in the Championship...and who can keep fans happy by playing some good football.

Premier League is a huge risk for a small club like Swansea. You need huge investments just to stay in the league. Invest in three or four £20m flops and you are on the brink of bankruptcy. As a Premier League club you get huge TV money, but you have to pay huge wages as well. Six years ago Laudrup said that if you wanted to compete with the top Premier League clubs you needed £300m - £400m investments. Today it's more than £1 b. Just look at West Ham. They invested £100m this summer, they have a top manager and after 4 games they are rock bottom.
 
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MIjacks

MIjacks

First Teamer
Crojack I don't buy that they don't want to be premier league. They need to be in the Premier League when they do sell the team, which they will. They can say they are long-term but they aren't. Kaplan has made his fortune buying and selling off companies in distress. I mean maybe they'll make enough money year in and year out off the club but honestly feel they want to make club look profitable and sell for bigger money. Not sure how long that'll take but think it's the ultimate goal. On a side note think the two fishiest statements they made were they want to talk to the trust without any lawyers present when that's exactly what they are. Second when they tried to act like they put their own money in the club in reality they just delayed their payments. With interest I'm sure. The only real fear why they won't sell is cause it's so easy to "loan" your club money and make money off them that way.
 
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