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  • The new 28th associate director!

    I think its funny how others on the outside talk like they know what the trust should have done.

    I was involved in the whole process from a Trust perspective and so know what happened.

    How about we hold a Zoom call to talk about  what you think and I will outline what I KNOW happened and I can then share the conversation here for others to view?

    I am up for it Ponty and Bif.


    Jim White
  • The fightback begins

    Ponty - as someone who was involved in the process with the Trust  in having to deal with the situation  I can CATEGORICALLY tell you that the only time the Trust recieved an offer before the sale was completed was around July  when an offer was made and then pretty much straight away withdrawn.

    I mean, why would they need to buy the Trusts shares when they already bought 70% of the shares and the sellers had given them the remaining voting rights they needed to change anything they wanted to?

    Be clear on this. The trust were excluded because the sellers wanted more money for their shares.

    This is the reality
  • Huw interview on ic wales !

    Hi guys

    As one of the Trust Board involved in all of the sale actions at the time, some of the inaccuracies and damm right lies outlined here will be responded to.

    I can tell you this. I gave my all to help the club and trust. I didnt get 8m from the sales plus a 500k a year job with this. I just gave up my time freely.

    You can decide on who you want to believe

  • Article: The Truth about the sale of Swansea City to the Americans – Part 1

    Mahoney said:
    Good to see the BBC have picked up on this and is headline news in Welsh Sport. I'm no expert or claim to know much about share dealings and buyouts but if there is a case which the trust said there was last year then why hasn't this been to court and what is stopping it being taken to court now?
    I might be wrong on this Mahoney but I believe the preferred strategy for the Trust was to exhaust all avenues for an amicable resolution with the owners first, before going down the legal route. I seem to recall an update from them to that effect in recent months. There are people on here with far more knowledge about the inner workings though, so I'd invite anyone to feel free to correct me if I'm wrong on that.

    I am no longer on the trust board but this was always the preferred option when I was vice chair. Many in other forums have accused those running the trust at the time of doing nothing but its always easy to spout off when you don't have the facts. Its also very easy to then look back and say 'I would have done this'  - Some gave up their time to do what they could and some just jeered from the sidelines.

    As I always say the problem with being a bull in a china shop is that all the china is broken when the bull is shot dead.