Swansea City's American owners have put talks about buying some of the Swansea City Supporters' Trust's shares on hold until the end of the season.
Steve Kaplan and Jason Levien led a consortium which bought a controlling stake of 68% in the club in 2016.
The Trust kept its 21.1% share but had proposed selling up to 10.5% to Kaplan, Levien and chairman Huw Jenkins.
With the Swans bottom of the Premier League table, both parties have decided to put negotiations on hold. From 6 jan 2018
‘By having a style and structure of play, it’s easier to recruit players,’ said Jenkins. ‘And managers.’
[On]Swansea supporters own 20 per cent of the club. ‘From my view, it has allowed us to grow quicker, as we have that identity that we are a supporter-based club,’ said Jenkins. ‘Supporters of other clubs would love their club to be like us.’
Personally i don't have an issue with the fact that the previous shareholders sold their shares. And I wait to see what the current shareholders bring to the table. And the trust have been a constant throughout. And it was the trust that helped the selling shareholders grow the club.
As you have, repeatedly, mentioned Huw Jenkins has been a successful football club chairman previously. Does that buy him a few years of mistakes? Maybe. If it costs you 25% of your investment do you stick with them? Shit or bust comes to mind.
But ultimately the Chairman moved away from the very thing that made scfc successful, the fans enjoyed and bought into. Something the fans all felt proud to be a part of. It is not the Chairman that is held accountable, it is the manager, players, shareholders and occasionally the fans. That doesn't seem fair to me.