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Chief said:https://twitter.com/BBCSportWales/status/1679540026424582161?t=ekJqYACiXHKkNs_LOWpxmQ&s=19
Bbc says he invested last season. Mentions Morris' percentage but not Cravatt or Colemans.
And we know why.
Because its 0%.
Londonlisa2001 said:No investment has been made into the club apart from Morris for £10m.
No change at LLC level of ownership that results in excess of 10% beneficial holding in the club unless the club hasn’t updated website.
The Trust should really be issuing statements to clarify this nonsense that is coming out from the club.
Londonlisa2001 said:What have they said?
Because what you’ve just said makes the opposite of sense…
Niigata Jack said:Two more mouths to feed then Coleman drawing a wage and I bet Directors draw a wage as well, how many directors is that we got?
Risc said:ollowing official confirmation by the club earlier today, the Swans Trust would like to welcome Brett Cravatt to the Club’s board of directors.
Brett recently passed the EFL’s enhanced Owner & Director Test, and his appointment to the Club’s board was formally approved on 6 July 2023 at a Club board meeting, which was attended by the Trust.
Brett has an impressive record in business, having founded the Centerfield data-driven marketing company based in Los Angeles and we believe this is another positive addition to the Club’s ownership structure. We hope that Brett’s experience in data analytics and marketing will help the Club’s local management with enhancing its reputation both nationally and internationally and generating further commercial opportunities.
In addition, the Trust understands that the new investment funds are being made available to the Club to meet its needs over the coming season. Whilst the exact structure of this investment is undisclosed at present, we are told that once the transfer window closes, the Club intends to release communications in which it more fully explains the current ownership structure.
These will also run alongside proposals by Club Chairman Andy Coleman, the Club and the Supporters’ Trust to hold fan engagement events such as Structured Dialogue meetings and Fans Forums as we head into the new season. More details on these will follow in due course.
Finally, the Trust is pleased that ownership at the Club has listened to the concerns that we, and the Club's supporters, raised following the January transfer window around how decisions are made inefficiently, often to the detriment of the Club.
In response, we were delighted to learn that the Andy now has full operational control over the Club and is responsible for decision-making, with Paul Watson overseeing all football-related decisions.
The Trust acknowledges that this new structure and way of working is paying dividends in the form of the Club looking to get its transfer business done as early as possible by strengthening in key areas of the squad.
To that end, we would like to welcome recent signings Josh Key, Josh Ginnelly and Jerry Yates to the Club and wish them every success for the upcoming season.
Risc said:ollowing official confirmation by the club earlier today, the Swans Trust would like to welcome Brett Cravatt to the Club’s board of directors.
Brett recently passed the EFL’s enhanced Owner & Director Test, and his appointment to the Club’s board was formally approved on 6 July 2023 at a Club board meeting, which was attended by the Trust.
Brett has an impressive record in business, having founded the Centerfield data-driven marketing company based in Los Angeles and we believe this is another positive addition to the Club’s ownership structure. We hope that Brett’s experience in data analytics and marketing will help the Club’s local management with enhancing its reputation both nationally and internationally and generating further commercial opportunities.
In addition, the Trust understands that the new investment funds are being made available to the Club to meet its needs over the coming season. Whilst the exact structure of this investment is undisclosed at present, we are told that once the transfer window closes, the Club intends to release communications in which it more fully explains the current ownership structure.
These will also run alongside proposals by Club Chairman Andy Coleman, the Club and the Supporters’ Trust to hold fan engagement events such as Structured Dialogue meetings and Fans Forums as we head into the new season. More details on these will follow in due course.
Finally, the Trust is pleased that ownership at the Club has listened to the concerns that we, and the Club's supporters, raised following the January transfer window around how decisions are made inefficiently, often to the detriment of the Club.
In response, we were delighted to learn that the Andy now has full operational control over the Club and is responsible for decision-making, with Paul Watson overseeing all football-related decisions.
The Trust acknowledges that this new structure and way of working is paying dividends in the form of the Club looking to get its transfer business done as early as possible by strengthening in key areas of the squad.
To that end, we would like to welcome recent signings Josh Key, Josh Ginnelly and Jerry Yates to the Club and wish them every success for the upcoming season.
Why doesn’t it make sense not to tell the whole world the level of investment we have had? Agents trying to inflate salaries, clubs inflate potential fees etc.3swan said:Ah, and I thought it was sarcasm..........sorry
Risc said:ollowing official confirmation by the club earlier today, the Swans Trust would like to welcome Brett Cravatt to the Club’s board of directors.
Brett recently passed the EFL’s enhanced Owner & Director Test, and his appointment to the Club’s board was formally approved on 6 July 2023 at a Club board meeting, which was attended by the Trust.
Brett has an impressive record in business, having founded the Centerfield data-driven marketing company based in Los Angeles and we believe this is another positive addition to the Club’s ownership structure. We hope that Brett’s experience in data analytics and marketing will help the Club’s local management with enhancing its reputation both nationally and internationally and generating further commercial opportunities.
In addition, the Trust understands that the new investment funds are being made available to the Club to meet its needs over the coming season. Whilst the exact structure of this investment is undisclosed at present, we are told that once the transfer window closes, the Club intends to release communications in which it more fully explains the current ownership structure.
These will also run alongside proposals by Club Chairman Andy Coleman, the Club and the Supporters’ Trust to hold fan engagement events such as Structured Dialogue meetings and Fans Forums as we head into the new season. More details on these will follow in due course.
Finally, the Trust is pleased that ownership at the Club has listened to the concerns that we, and the Club's supporters, raised following the January transfer window around how decisions are made inefficiently, often to the detriment of the Club.
In response, we were delighted to learn that the Andy now has full operational control over the Club and is responsible for decision-making, with Paul Watson overseeing all football-related decisions.
The Trust acknowledges that this new structure and way of working is paying dividends in the form of the Club looking to get its transfer business done as early as possible by strengthening in key areas of the squad.
To that end, we would like to welcome recent signings Josh Key, Josh Ginnelly and Jerry Yates to the Club and wish them every success for the upcoming season.
Londonlisa2001 said:Thanks RIsc.
What on Earth is this supposed to mean do you reckon?
“ In addition, the Trust understands that the new investment funds are being made available to the Club to meet its needs over the coming season. Whilst the exact structure of this investment is undisclosed at present, we are told that once the transfer window closes, the Club intends to release communications in which it more fully explains the current ownership structure.”
I suspect it’s back to what I said earlier - a new holding company structure. But quite how that’s related to the transfer window is beyond me. I mean other clubs are having investment left right and centre (Southampton had major investment this week). But a player is worth what they’re worth. This notion of clubs paying more because they’ve had a few million through the door is frankly school level business.
Sigh.
Risc said:Why doesn’t it make sense not to tell the whole world the level of investment we have had? Agents trying to inflate salaries, clubs inflate potential fees etc.
Or is that too simple a way of looking at it? Surely they have their reasons.
Risc said:Why doesn’t it make sense not to tell the whole world the level of investment we have had? Agents trying to inflate salaries, clubs inflate potential fees etc.
Or is that too simple a way of looking at it? Surely they have their reasons.
Risc said:See above reply Lisa, or is my thinking too simple in regards to it? Is if simply they don’t want people and other clubs knowing the level of investment until window shuts?
Chief said:But everyone already knows - It's the £10million publicised and reported to companies house.