New investment?

[PSumbler]

https://twitter.com/AndrewJPowell/status/1483896399938871304

 

[Cinio Dydd Sul]

https://twitter.com/AndrewJPowell/status/1483896399938871304

Who is Andrew Powell?

Hasn't point 2 already happened though?

Who wrote that document?

 

[PSumbler]

https://twitter.com/AndrewJPowell/status/1483896399938871304

Who is Andrew Powell?

Hasn't point 2 already happened though?

Who wrote that document?

Honestly no idea - it came up on my Twitter feed when I was scrolling through - was in reply to something that VitalSwansea tweeted but I cant show that as its protected account

https://twitter.com/AndrewJPowell

He is making a few statements - no idea how credible he is mind :lol:

 

[AndyCole]

Who is Andrew Powell?

Hasn't point 2 already happened though?

Who wrote that document?

Honestly no idea - it came up on my Twitter feed when I was scrolling through - was in reply to something that VitalSwansea tweeted but I cant show that as its protected account

https://twitter.com/AndrewJPowell

He is making a few statements - no idea how credible he is mind :lol:

Twitter anons linked with VitalSwansea (of all girls), getting airtime here. Who'd have thunk it.

We're better than that, surely. What on earth happened to proper, inside intel, here ?

 

[Risc]

Honestly no idea - it came up on my Twitter feed when I was scrolling through - was in reply to something that VitalSwansea tweeted but I cant show that as its protected account

https://twitter.com/AndrewJPowell

He is making a few statements - no idea how credible he is mind :lol:

Twitter anons linked with VitalSwansea (of all girls), getting airtime here. Who'd have thunk it.

We're better than that, surely. What on earth happened to proper, inside intel, here ?

The irony :lol: :lol: :lol:

 

[Risc]

Terry Sinnett's comment regarding it:

the investment was in the form of convertible loans. As has been reported, not least at the last Fans Forum, these loans are expected to be converted to shares. Any changes will be recorded at Companies House.

 

[PSumbler]

Terry Sinnett's comment regarding it:

the investment was in the form of convertible loans. As has been reported, not least at the last Fans Forum, these loans are expected to be converted to shares. Any changes will be recorded at Companies House.

Thats the £10m loan from before though to which he is referring I think?

This I think was a suggestion that there had been further "investment" since. I know it is what Winter called for in this piece

https://planetswans.co.uk/2021/12/03/winter-calls-on-the-club-owners-to-do-more-and-warns-of-player-sales/

As Lisa has referenced this can't be a gift and I do not believe they would put any money in without wanting equity in return.

 

[Cinio Dydd Sul]

Terry Sinnett's comment regarding it:

the investment was in the form of convertible loans. As has been reported, not least at the last Fans Forum, these loans are expected to be converted to shares. Any changes will be recorded at Companies House.

Where did you get that quote from?

Is it in reference to the original CLN from 14/15 months ago?

 

[Risc]

Terry Sinnett's comment regarding it:

the investment was in the form of convertible loans. As has been reported, not least at the last Fans Forum, these loans are expected to be converted to shares. Any changes will be recorded at Companies House.

Where did you get that quote from?

Is it in reference to the original CLN from 14/15 months ago?

He just made it on twitter, i'll ask now

**Phil already has

 

[Cinio Dydd Sul]

Ah right I see.

Glad to see my threads have raised awareness anyway.

 

[Cinio Dydd Sul]

But another point, after the original CLN, I don't think the companies House notifications came out for a good few months after. It doesn't appear from what Terry's saying that the trust have been informed of any additional or recent investment or loans, but if there are (and the Americans haven't told the trust, which is entirely possible), the changes could take a while to show up on companies House I believe?

 

[Risc]

It has now been confirmed O'Riley had a release clause of £1.5m as VitalSwans (not a faceless account btw, I would never give his name but been around for years) had been saying all along.

If we had further investment that would have been done in my opinion, Martin would have known what was required, and we couldn't get it done.

 

[Cinio Dydd Sul]

It has now been confirmed O'Riley had a release clause of £1.5m as VitalSwans (not a faceless account btw, I would never give his name but been around for years) had been saying all along.

If we had further investment that would have been done in my opinion, Martin would have known what was required, and we couldn't get it done.

And we appear to be priced out for Darling too. The trust also seem unaware of any additional funding (they were informed that the initial loan over a year ago was at least in the pipeline).

It's all very strange.

 

[Risc]

It has now been confirmed O'Riley had a release clause of £1.5m as VitalSwans (not a faceless account btw, I would never give his name but been around for years) had been saying all along.

If we had further investment that would have been done in my opinion, Martin would have known what was required, and we couldn't get it done.

And we appear to be priced out for Darling too. The trust also seem unaware of any additional funding (they were informed that the initial loan over a year ago was at least in the pipeline).

It's all very strange.

Russ has confirmed all money for purchases will need to be brought in via sales. I take it that means no new loan?

 

[Darran]

Well the manager appears to be saying we are skint anyway. :lol: