New shares

[PSumbler]

Club statement | New shares issued | Swansea

Swansea City can confirm new shares have been issued in the club following a planned equity injection by the majority ownership group.

www.swanseacity.com

 

[PSumbler]

How many minutes until the Trust “welcome” their further dilution

 

[magicdaps10]

Kin hell mun!

It's all being done because of their mismanagement and will just carry on this way until they just pee off.

What's the saying about learning from your mistakes again!
And as for the trust, they ate just a bunch of head nodding clowns.

 

[NeathJack]

How many minutes until the Trust “welcome” their further dilution

It was a full 10 minutes

https://twitter.com/x/status/1760672118466101554

 

[PSumbler]

Ten minutes must be a record of lapdoggedness

 

[Cinio Dydd Sul]

I wonder what Nigel Morris' thoughts are. Put money in, club is now less saleable than it was and his percentage holding has also now been reduced.

 

[magicdaps10]

I wonder what Nigel Morris' thoughts are. Put money in, club is now less saleable than it was and his percentage holding has also now been reduced.

His shares are diluted?

I haven't looked in depth who's shares have been diluted, surprised that they have even shown at this early stages who's have shrunk.
If Morris has Sheen a shrink in his shares then he would get a return of atleast what he paid.

We are still waiting on confirmation or even information on what Cravatt and Coleman put in!
I like how it's claimed as an investment when it's all just basically buying more shares!

I just don't see the plan here with these owners.

 

[Cinio Dydd Sul]

His shares are diluted?

I haven't looked in depth who's shares have been diluted, surprised that they have even shown at this early stages who's have shrunk.
If Morris has Sheen a shrink in his shares then he would get a return of atleast what he paid.

We are still waiting on confirmation or even information on what Cravatt and Coleman put in!
I like how it's claimed as an investment when it's all just basically buying more shares!

I just don't see the plan here with these owners.

Yes, everyone's shares besides the LLC are diluted. This maybe the second reduction in his holding now?

 

[PSumbler]

Share issue values the club at 65m

Pie in the sky

 

[magicdaps10]

Yes, everyone's shares besides the LLC are diluted. This maybe the second reduction in his holding now?

OK.

I would expect he would have the same return on what he paid so if I was in shoes then I wouldnt be too bothered.
Hopefully this doesn't discourage him going forward as he was rumoured to have a very strong interest in further progression in the club.

I still wait what amount Coleman and Cravatt have put in and is the money their own or via other avenues through them.

I tend to find that discretion in these situations(very little or no info) means that it's a bit more complex than indicated.

 

[jasper_T]

More money being poured in to cover operating losses. That's the Championship for you.

 

[Cinio Dydd Sul]

OK.

I would expect he would have the same return on what he paid so if I was in shoes then I wouldnt be too bothered.
Hopefully this doesn't discourage him going forward as he was rumoured to have a very strong interest in further progression in the club.

I still wait what amount Coleman and Cravatt have put in and is the money their own or via other avenues through them.

I tend to find that discretion in these situations(very little or no info) means that it's a bit more complex than indicated.

"I would expect he would have the same return on what he paid"

Well if the club were to be sold right now, how could he? No one is going to pay more for the club now than when he spent money acquiring his stake last summer (no matter what the Americans are currently valuing the shares at) and since then his stake has reduced. Double whammy.

 

[Cinio Dydd Sul]

Cravatt as far as we know still hasn't put any money in - don't think the club has actually claimed that yet (in contrast to Coleman who they say has albeit as part of the murky LLC).

 

[magicdaps10]

"I would expect he would have the same return on what he paid"

Well if the club were to be sold right now, how could he? No one is going to pay more for the club now than when he spent money acquiring his stake last summer (no matter what the Americans are currently valuing the shares at) and since then his stake has reduced. Double whammy.

I stand corrected, he will without doubt lost out in some shape or form.
Having got my head around another announcement like this, I believe that you are spot on.

 

[Captain_Sham]

Swansea City receive £2.5m boost from backers

Swansea City receive a financial boost of around £2.5m following fresh investment from the club's US owners.

www.bbc.co.uk