Club statement: Loan converted to equity

[Jacket]

Heard on relatively good authority that this Capital One guy Nigel Morris is still on the cards and that this is just part of clearing the decks ready for the deal. We'll see.

 

[Cooperman]

I wouldn't have a clue

This could be your bio :lol:

 

[Risc]

So Vital are now reporting there will be no change in terms of structure at club, eg, Levien still calling the shots. I think that's pretty much disastrous for the club, I really do.

I'd guess that will be the end of Russ aswell, obviously that splits opinion on here and other places. I think it's a damn shame personally.

Why would a businessman, in the stature of the bloke we are talking about, be giving over money to a cowboy like Levien? No one in the industry can stand the bloke, especially over here. It's crazy. I hope it's just the start, the investment to start, with takeover over a period of time has always been spoken about, and it could still be the case, but I thought we would have definitely seen the end of Levien in terms of running the show here.

 

[Cinio Dydd Sul]

Ridiculous state of affairs isn't it.

This investment is meant to be a good news story, but again there's cloud hanging over the upcoming window already.

 

[Swansea93]

Ridiculous state of affairs isn't it.

This investment is meant to be a good news story, but again there's cloud hanging over the upcoming window already.

All needs clarifying, but I guess we’ll have the news of whatever is happening when the season is done.

 

[Nocountryforoldjack]

Thanks Huw and crew.

 

[Risc]

https://twitter.com/jonathanruss4/status/1651663665295245312?s=46&t=p94KZqA33SfSPKkithZEfA

 

[Swansea93]

We thinking this Nigel bloke will eventually take over fully?

 

[Risc]

We thinking this Nigel bloke will eventually take over fully?

https://twitter.com/jonathanruss4/status/1651678305597157389?s=46&t=p94KZqA33SfSPKkithZEfA

 

[Swanjaxs]

The way this is going the Trust (sic) committee will be back in the cheap seats next season...

 

[Swansea93]

https://twitter.com/jonathanruss4/status/1651678305597157389?s=46&t=p94KZqA33SfSPKkithZEfA

Good news right? If it’s 50/50 would final decisions still be with Levien? He seems the right snake out of it all.

 

[Risc]

Good news right? If it’s 50/50 would final decisions still be with Levien? He seems the right snake out of it all.

It wouldn’t be 50/50, think it’s still majority to current owners but it’s pretty much a staged takeover isn’t it? In my opinion (uneducated) anyway

 

[bakajack]

Conjecture is that Nigel Morris wants to take over following a three year plan.
Will be interesting to see how and where this goes but the sooner we can get Levien away from any position of calling the shots the better.

 

[Swanjaxs]

Conjecture is that Nigel Morris wants to take over following a three year plan.
Will be interesting to see how and where this goes but the sooner we can get Levien away from any position of calling the shots the better.

Ahhh a man with a plan...

 

[magicdaps10]

It wouldn’t be 50/50, think it’s still majority to current owners but it’s pretty much a staged takeover isn’t it? In my opinion (uneducated) anyway

It would certainly be a guess but one that does seem like the obvious route taken that Morris was brought in via another avenue and the other 2 brought in via their link/s with DC United.
Morris seems to be very interested in having more input and it appears he had an interest in a few Premier league clubs in the last few years.

There is certainly more to this than meets the eye and it certainly feels like the car is just pulling off the drive and starting it's journey.