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Ponty_Jack said:The activists went along with the sale in general, but were always very reluctant sellers according to their own statements. Under the disastrous leadership of the former chairman the Trust is now skint and friendless after 8 years in the richest league in the world. Their approach was confrontational and to increase the holding not reduce it. This strategy has failed. I argue that those who argue against cashing in at least some shares now are high risk gamblers who would never behave the same with their own money. The 'all in' bet on SCFC staying in the PL is bonkers and not what the members want. The activists have not accepted the democratic will of the members and have an excessive influence it seems to me.
You say the Trust is skint, not true, £850k in the bank.
You say they should have sold some shares, members voted for this, the Americans pulled out.
You say activists scuppered the deal, the deal could still be on, the Americans only put it on the back burner because at that time we looked doomed and then reneged on the offer made and accepted.
You call them activists, they are fellow Swans fans who, like the Trust won’t bend over at the first sign of the yanky dollar. Good on them I say.
The SHA is a document is there for the protection of both the sellers and the Trust, it is not a scap of paper with a couple of rules, it is legally binding, it has been signed and has been adhered too for 15 years, you cannot ignore it just because you are deaparate for a sale. Saying that, HJ makes up and signs minutes of meetings that never took place. He is playing a very dangerous game IMHO.
I was aware of it, so were a number of my friends. As far as I am aware, members of The Trust must have been aware.
You do not address the lack of any action since they were aware, or why they still cosy up to Jenkins, Morgan and the new board. That, is unacceptable and quite frankly disgusting, I would say most supporters would find it unbelievable that they still take their seats.
The gesture you talk of would play right into their hands, do you think they want anyone from the Trust in the boardroom on match day or when there’s a board meeting?
Jacktar said:Mistakes have been catastrophic over the last few seasons and whilst the finger points at HJ, the majority owners feel he is the right man to be at the helm, I don't agree with that but, unfortunately, I'm not a majority owner, and when all is said and done, I'd rather HJ lead us than Chris Pearlman (no disrespect, Mr P).
This is ground zero, the owners have decided that enough is enough and books have to be balanced however hard that is to take as a fan.
I think we have enough in our squad to be about mid table, two or three decent signings could have given us a play-off place.