🍾🥳🎉🎊Club To Be Sold

[LaJollaJack]

Word is he has big plans for Swansea, including the iconic new hotel way down the Bayside

 

[ABSwan]

Unless he thinks it’s the one due north of LA.

There's a Swansea close to Boston too

 

[Cinio Dydd Sul]

Hopefully given the all clear next week with Tyler Morse expected to be named as a director.

It was announced it was Coleman, Cravatt and Morris buying the LLC's shares. So where does Morse fit in if he's not buying shares? Will he be putting money in amd diluting the new majority owners?

 

[RodgerTheDodger]

Kaplan and Levein bought the club on behalf of their wealth fund, and it's been an investment that has made a stonking capital loss. They will have been writing it down every year and using profit to shore up the numbers, but I can't help but suspect that this sale will include a complicated financial deal to serve K&L's need to get out without an 'on paper' disaster for their fund.

That need will also provide opportunities for games to be played by the parties concerned. I guess it will be quite a long time before we actually know what really happened.

For example, it would not surprise me if SCFC turns out to be a side element in a much wider deal. The value of the club is now quite modest compared to the value of corporate deals, and some the players here have real serious money.

 

[Skippyjack]

Coleman said in his interview, an investor is jumping on board and on the board.. whether it's Morse or what, nobody knows..

 

[Captain_Sham]

Why does anyone think this is going to be any different? Genuinely curious.