SWANS TRUST NEWS: Trust Statement on Club Loans

[Swans Trust News]

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[Cinio Dydd Sul]

We will continue to share information to our members and the fanbase whenever we can, and welcome any questions via info@swanstrust.co.uk

Lol yea of course.

- Why didn't you tell us K&L / Silverstein had loaned the club more than £10million that you announced?

- The £3million of the £13million wasn't from 'other shareholders' after all then. Why did you lie about that?

- The initial loan was for £13million, when was the club loaned this additional £3million to make it £16million? Why didn't you announce it at the time and explain the ramifications of its conversion? ie reducing the shareholding yet further.

- Why did you wait until after details of this latest conversion were made public by companies House before announcing and clarifying what was going on?

- Has the club been loaned any more money that you haven't informed the fans about?



Following on from the transfer window debacle (during which you only seemed to acknowledge there was an issue when it was fucki n over!), this again smacks of utter incompetence and or this great relationship with the owners you speak of is a farce.

Which is it?

 

[Niigata Jack]

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That's all we need at this moment in time, is yet more useless gobbledygook for you lot, the club cat has got more say at the club than you lot.

 

[PSumbler]

The announcement of course being Andy Godden announcing it in a personal tweet

 

[Essex swan]

The Trust are either fools or a hell of a lot worse.