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🍾🥳🎉🎊Club To Be Sold

  • Thread starter Darran
  • Start date
  • Replies: Replies 162
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Word is he has big plans for Swansea, including the iconic new hotel way down the Bayside
 
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?
 
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 of those involved in this have real serious money.
 
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Coleman said in his interview, an investor is jumping on board and on the board.. whether it's Morse or what, nobody knows..
 
Reasons why I think some think it's going to be different.
*Kaplan and Levien have called the shots, made terrible decisions and done so without rarely touching land in South Wales
*The new guys will be making the calls whilst being more involved and actually in and around the club
*Morris has more wealth than Kaplan
*Morse has more wealth than Morris, Kaplan and Levien combined.

It could end up in disaster in reality.
 
Why does anyone think this is going to be any different? Genuinely curious.
Coleman has made plenty of mistakes in his time here. I get the impression that he genuinely cares about the club which is the complete opposite of Twit and Twat.

It's a clean slate for me, lets judge him on his actions once the sale is complete.
 
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