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Interview with Trust chairman Dalton

Darran said:
Neath_Jack said:
Much cop? Worth listening?

Read it.

I read the first part and tried reading part 2 twice, but gave up. I’ll give it another go when I’ve got a bit more hwyl. They should have insisted all season ticket holders are registered to join the Trust and that the £10 membership fee is reintroduced, that would generate an income in excess of £100k pa which would build up for that rainy day.

It’s my belief the old regime dealt the Trust a huge blow when they cancelled the membership arrangement after promotion to the PL, I believe it was a calculated move to weaken the Trust’s financial position. Hindsight....
 
MajorR said:
Darran said:

I read the first part and tried reading part 2 twice, but gave up. I’ll give it another go when I’ve got a bit more hwyl. They should have insisted all season ticket holders are registered to join the Trust and that the £10 membership fee is reintroduced, that would generate an income in excess of £100k pa which would build up for that rainy day.

It’s my belief the old regime dealt the Trust a huge blow when they cancelled the membership arrangement after promotion to the PL, I believe it was a calculated move to weaken the Trust’s financial position. Hindsight....

😂 I dunno where to begin with that one.

Ok I'll have a go, so what your saying is that all season ticket fans should be forced into membership as a means of revenue collection for a rainy day that's already here by the way. Fuck my eyes.

The horse bolted fella, the trust is finished.
 
Funnily enough, the topic of tying Trust membership into ST membership was one that was discussed a few times internally, potentially looking at making it a condition of any deal too.

Not one I was a fan of personally, mainly because a) other things were more important and negotiations need to focus on them first and b) there will be plenty of ST holders who won't want to be Trust members. Think that's been proven to be the case.

I would like it to be an optional option on future ST sales though. No reason why it couldn't be.
 
Uxy said:
Funnily enough, the topic of tying Trust membership into ST membership was one that was discussed a few times internally, potentially looking at making it a condition of any deal too.

Not one I was a fan of personally, mainly because a) other things were more important and negotiations need to focus on them first and b) there will be plenty of ST holders who won't want to be Trust members. Think that's been proven to be the case.

I would like it to be an optional option on future ST sales though. No reason why it couldn't be.

Certainly no reason why it couldnt be an "optional add in" to a ST sale - given the strong working relationships both sides talk about it would feel wrong not for that to happen?

I remember when the automatic Trust membership was withdrawn - that was led very much by one of the other shareholders who felt that it was wrong that the Trust benefit from the season ticket sales when his own businesses didnt

Another one of those moments you look at on with hindsight with alarm bells ringing but as it was on a time of continued growth for the club it was left to pass
 
PSumbler said:
Uxy said:
Funnily enough, the topic of tying Trust membership into ST membership was one that was discussed a few times internally, potentially looking at making it a condition of any deal too.

Not one I was a fan of personally, mainly because a) other things were more important and negotiations need to focus on them first and b) there will be plenty of ST holders who won't want to be Trust members. Think that's been proven to be the case.

I would like it to be an optional option on future ST sales though. No reason why it couldn't be.

Certainly no reason why it couldnt be an "optional add in" to a ST sale - given the strong working relationships both sides talk about it would feel wrong not for that to happen?

I remember when the automatic Trust membership was withdrawn - that was led very much by one of the other shareholders who felt that it was wrong that the Trust benefit from the season ticket sales when his own businesses didnt

Another one of those moments you look at on with hindsight with alarm bells ringing but as it was on a time of continued growth for the club it was left to pass

Before my time, but wasn't that an "opt-out" approach?

So, this other shareholder? ;)
 
Uxy said:
PSumbler said:
Certainly no reason why it couldnt be an "optional add in" to a ST sale - given the strong working relationships both sides talk about it would feel wrong not for that to happen?

I remember when the automatic Trust membership was withdrawn - that was led very much by one of the other shareholders who felt that it was wrong that the Trust benefit from the season ticket sales when his own businesses didnt

Another one of those moments you look at on with hindsight with alarm bells ringing but as it was on a time of continued growth for the club it was left to pass

Before my time, but wasn't that an "opt-out" approach?

So, this other shareholder? ;)

I think it was if I remember exactly but opt outs were exceptionally rare, it would be fair to say that it was the monies from those ST tie ins that effectively allowed the Trust to double down the investment in around 2007 (I think) when everyone had the chance to do so

Ah yes the other shareholder :lol:
 
PSumbler said:
Uxy said:
Before my time, but wasn't that an "opt-out" approach?

So, this other shareholder? ;)

I think it was if I remember exactly but opt outs were exceptionally rare, it would be fair to say that it was the monies from those ST tie ins that effectively allowed the Trust to double down the investment in around 2007 (I think) when everyone had the chance to do so

Ah yes the other shareholder :lol:

Given the Trust probably has £1m in the kitty now (another question outstanding), then subs from season ticket holders would be less of a factor now I guess.

Anyway, an opt-in option when people renew would be a very good idea. I doubt it'll happen at the current time though, for obvious reasons.
 
PSumbler said:
Uxy said:
Before my time, but wasn't that an "opt-out" approach?

So, this other shareholder? ;)

I think it was if I remember exactly but opt outs were exceptionally rare, it would be fair to say that it was the monies from those ST tie ins that effectively allowed the Trust to double down the investment in around 2007 (I think) when everyone had the chance to do so

Ah yes the other shareholder :lol:

There has to be a book in this. Get typing mun. I'm sure we can all synthesise a decent title 'Jacks and Jackasses; The rise and fall of Swansea City' is my opening bid.
 
Nocountryforoldjack said:
MajorR said:
I read the first part and tried reading part 2 twice, but gave up. I’ll give it another go when I’ve got a bit more hwyl. They should have insisted all season ticket holders are registered to join the Trust and that the £10 membership fee is reintroduced, that would generate an income in excess of £100k pa which would build up for that rainy day.

It’s my belief the old regime dealt the Trust a huge blow when they cancelled the membership arrangement after promotion to the PL, I believe it was a calculated move to weaken the Trust’s financial position. Hindsight....

😂 I dunno where to begin with that one.

Ok I'll have a go, so what your saying is that all season ticket fans should be forced into membership as a means of revenue collection for a rainy day that's already here by the way. f**k my eyes.

The horse bolted fella, the trust is finished.

Yes it has bolted and I’ve lost my respect for the Trust and as it is now I’d want nothing to do with it.
Looking ahead though, things can change and there’s nothing to say a new group of fans couldn’t organise themselves and get elected to the Board and change things. Fans shouldn’t be forced it to membership, but I’m pretty sure the club donated £10 for every season ticket sold and if that restarted it could soon grow in to something decent which could be used in the future because that rainy day will come again.
 

MILLWALL v SWANSEA CITY

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