Jack owners to pocket two million

You would not have gone bust and you know it. Cant blame the club for doing it but it is morally wrong and retrospective punishments should have been brought in. i.e no team can enter the next division until all creditors are paid off in full.[/quote]

If Mel Nurse had not done what he did and the CVA had not gone through we were finished.

As for retrospective punishments, that's just ridiculous. You want to make up rules to punish a club for an action that wouldn't have been afflicted upon them when taking that action?

Barking.

It's also a bit hard to take a lecture on the subject from a fan of a club that has lived beyond it's means for as long as CCFC has and is only still in existence because of a man who decided to change your colours and divide the fans.

But I really can't be arsed to have the same argument again. Safe to say, we ARE well run, as you admitted.[/quote][/quote][/quote]
Well run because you shafted people. Had ball been in other court you lot would be complaining like mad that its not fair and how Ccfc gets everything. One day what you did well come back and haunt you and I for one can't wait.

You would not have gone bust and you know it. Cant blame the club for doing it but it is morally wrong and retrospective punishments should have been brought in. i.e no team can enter the next division until all creditors are paid off in full.

If Mel Nurse had not done what he did and the CVA had not gone through we were finished.

As for retrospective punishments, that's just ridiculous. You want to make up rules to punish a club for an action that wouldn't have been afflicted upon them when taking that action?

Barking.

It's also a bit hard to take a lecture on the subject from a fan of a club that has lived beyond it's means for as long as CCFC has and is only still in existence because of a man who decided to change your colours and divide the fans.

But I really can't be arsed to have the same argument again. Safe to say, we ARE well run, as you admitted.[/quote][/quote][/quote]
Well run because you shafted people. Had ball been in other court you lot would be complaining like mad that its not fair and how Ccfc gets everything. One day what you did well come back and haunt you and I for one can't wait.[/quote]

With all due respect, that is utter bollocks and comes across as bitter as can be. We are well run because we have learned the lessons of the past and run the club on the basis of we do not spend what we have not got.

This from a fan of a club in around £100m of debt and who has sold it's soul in the search for a sugar daddy.

You would not have gone bust and you know it. Cant blame the club for doing it but it is morally wrong and retrospective punishments should have been brought in. i.e no team can enter the next division until all creditors are paid off in full.

If Mel Nurse had not done what he did and the CVA had not gone through we were finished.

As for retrospective punishments, that's just ridiculous. You want to make up rules to punish a club for an action that wouldn't have been afflicted upon them when taking that action?

Barking.

It's also a bit hard to take a lecture on the subject from a fan of a club that has lived beyond it's means for as long as CCFC has and is only still in existence because of a man who decided to change your colours and divide the fans.

But I really can't be arsed to have the same argument again. Safe to say, we ARE well run, as you admitted.

[/quote][/quote]
Well run because you shafted people. Had ball been in other court you lot would be complaining like mad that its not fair and how Ccfc gets everything. One day what you did well come back and haunt you and I for one can't wait.[/quote]

With all due respect, that is utter bollocks and comes across as bitter as can be. We are well run because we have learned the lessons of the past and run the club on the basis of we do not spend what we have not got.

This from a fan of a club in around £100m of debt and who has sold it's soul in the search for a sugar daddy.[/quote]
The debt is 80million or if we pay 5p in the pound 4 million.

Just 1 question nj73. Is it fair that Wrexham are out of the league because of yours and Leicesters greed?

You would not have gone bust and you know it. Cant blame the club for doing it but it is morally wrong and retrospective punishments should have been brought in. i.e no team can enter the next division until all creditors are paid off in full.

If Mel Nurse had not done what he did and the CVA had not gone through we were finished.

As for retrospective punishments, that's just ridiculous. You want to make up rules to punish a club for an action that wouldn't have been afflicted upon them when taking that action?

Barking.

It's also a bit hard to take a lecture on the subject from a fan of a club that has lived beyond it's means for as long as CCFC has and is only still in existence because of a man who decided to change your colours and divide the fans.

But I really can't be arsed to have the same argument again. Safe to say, we ARE well run, as you admitted.

[/quote]
Well run because you shafted people. Had ball been in other court you lot would be complaining like mad that its not fair and how Ccfc gets everything. One day what you did well come back and haunt you and I for one can't wait.[/quote]

With all due respect, that is utter bollocks and comes across as bitter as can be. We are well run because we have learned the lessons of the past and run the club on the basis of we do not spend what we have not got.

This from a fan of a club in around £100m of debt and who has sold it's soul in the search for a sugar daddy.[/quote]
The debt is 80million or if we pay 5p in the pound 4 million.

Just 1 question nj73. Is it fair that Wrexham are out of the league because of yours and Leicesters greed?[/quote]

If you really think Wrexham are out of the league due to ours and Leicesters "greed", then you are more blinkered than I even thought.

CCFC would have done no different to us nor would any other club, or indeed company, in the situation we were in.

I have absolutely no problem with the 10 point deduction rule being brought in but those clubs then traded as they did while knowing the penalty.

Again I ask, what would you have done?

http://www.guardian.co.uk/football/2013/apr/08/swansea-halo-owners-windfall

That article is inaccurate.

http://www.swanseacity.net/news/article ... 60627.aspx

Has Jenkins got his own business aswell??? How well is that doing ????

No, his firm went bust. A good friend of mine lost his job as a result. He told me that Huw Jenkins was spending so much unpaid time on the club, that he took his eye off the ball of his own business in difficult times for his industry.

If you want to beat him with that stick go ahead, but it's a low blow.

Hmmm it just demonstrates that business's can seem to be doing well from the outside making good profits and paying good dividends, then someone takes their eyes of the ball and everything can change very quickly and all of a sudden things look very different. Very interesting...

Groundbreaking news eh.

Well run because you shafted people. Had ball been in other court you lot would be complaining like mad that its not fair and how Ccfc gets everything. One day what you did well come back and haunt you and I for one can't wait.

No, we're not well run because we shafted people. The owners started a fresh thanks to the CVA, but they've still run the club on a profit and got us from the fourth tier to the first.

£275k clearly will not come back to ever haunt us, we've generated £58 million to the local economy and gained a profit of well over £30 million. The CVA was an agreement, and as a result we don't have any debt to anyone who was owed any money, so where in your thinking will we ever get punished for this or even have to pay it back? It is nothing to the £100 million that you currently owe, literally nothing, 0.25% of the debt and it happened 11 years ago.

Transfer Market is always a gamble, so far you are up, but your luck can change just as quickly and other managers like Southamptons are looking at the lower Spanish Market, so the deals won't be there this season.

I think a wealthy owner is important as long as they don't just through money at it, and also trying to find new income streams is going to be very important. It's a world wide Market if clubs can cash in around the world it may just make a massive difference to their long term future.

Time will tell as I said it's going to be a very interesting few years !!!

The transfer market isn't a gamble when you know what your doing, we're not just buying players based on the fact they're good on FM, we know the players inside out and whether or not they fit in to our system. The deals will be there this season, we beat off competition from Sevilla for Michu so Southampton are hardly going to be this massive threat to us next season when they play a different style to us and we're in Europe. They will be there next season, and we've already got a pre-contract sorted for Jose Canas from Real Betis so the players are there and they aren't going to run out.

Clearly a wealthy owner isn't important, we've risen from the fourth tier to the first without one and clearly we don't need one to improve when we're able to achieve success by purely using the cash we're bringing in to the club. There's plenty of clubs with big owners who've spent money unsustainably and achieved no success.

How can any fan have a go at Swansea for shafting creditors 45k when we are trying to rip Sam off for £20 million?

How can any fan have a go at Swansea for shafting creditors 45k when we are trying to rip Sam off for £20 million?

give it up pretending to be a cardiff fan roathy ffs.
as far as im concerned the company called swansea city made a profit and the directors are entitled to a dividend the same as if my company makes a profit im entitled to take one if i want to.If mr jenkins is making 250k then its up to him if he feels he can now compensate the people he dident pay when his company went bust.
who knows he might pay steve borley the rent he owes him from when he did his moonlight flit from the property he was renting off him

How can any fan have a go at Swansea for shafting creditors 45k when we are trying to rip Sam off for £20 million?

give it up pretending to be a cardiff fan roathy ffs.
as far as im concerned the company called swansea city made a profit and the directors are entitled to a dividend the same as if my company makes a profit im entitled to take one if i want to.If mr jenkins is making 250k then its up to him if he feels he can now compensate the people he dident pay when his company went bust.
who knows he might pay steve borley the rent he owes him from when he did his moonlight flit from the property he was renting off him

Bit boring that accusation in fairness but whatever floats your boat.

As for the OP, the dividend is normal.

Makes sense for them to withdraw at this time. Swansea have just won a cup so have got prize money and they are pretty stable in the Premier League. A wise move in my opinion rather than panic and start withdrawing whatever money they can if the club flirts with relegation.

Lets get this right?you are slaging us of for going in to admin!when we only owed less then a million?.
And you are a well run club off course?.
100mill in debt!because it was prem or bust.
And off course there is the re brand ?and lets face it you have become the joke of british football for iy.
Even to the point u cant even decide on what u want and fans get abouse for wanting to stay blue.
Trying all aorts not to pay sam off and do u realy think there are no behind the curtings dodgy dealungs going on?.
Ps the creditors who were payed 5 in the pound are repung the rewards from our success.
But i do understand you have nothing on us
nd there for bring shit like this up to make your selfs feel better.
As would i if in your shoes.

Lets get this right?you are slaging us of for going in to admin!when we only owed less then a million?.
And you are a well run club off course?.
100mill in debt!because it was prem or bust.
And off course there is the re brand ?and lets face it you have become the joke of british football for iy.
Even to the point u cant even decide on what u want and fans get abouse for wanting to stay blue.
Trying all aorts not to pay sam off and do u realy think there are no behind the curtings dodgy dealungs going on?.
Ps the creditors who were payed 5 in the pound are repung the rewards from our success.
But i do understand you have nothing on us
nd there for bring shit like this up to make your selfs feel better.
As would i if in your shoes.

shut up you tit.

Lets get this right?you are slaging us of for going in to admin!when we only owed less then a million?.
And you are a well run club off course?.
100mill in debt!because it was prem or bust.
And off course there is the re brand ?and lets face it you have become the joke of british football for iy.
Even to the point u cant even decide on what u want and fans get abouse for wanting to stay blue.
Trying all aorts not to pay sam off and do u realy think there are no behind the curtings dodgy dealungs going on?.
Ps the creditors who were payed 5 in the pound are repung the rewards from our success.
But i do understand you have nothing on us
nd there for bring shit like this up to make your selfs feel better.
As would i if in your shoes.

Thanks for that, Geraint Pillock.

This has to be the biggest non story of the year afterall what on earth is wrong with a business paying a dividend to it's shareholders. As regards the failings of the previous owners they have absolutely nothing to do, either legally or morally, with the new owners / investors.

There are many things about this club that concern me but certainly not this as these people put thier money into buying this club and are now getting a return on that investment. Good luck to all of them.

What does interest me though is why the club issues a statement regarding profits over the last 6 months at the same time the dividend is announced. Couldn't be they are trying to justify themselves and how often has the club made public 6 monthly results?, why aren't questions being asked about how the £16m profit was made up. What effect did player sales have on this profit? Joe Allen was sold to Liverpool for what £15m so has this dividend been paid on the back of player sales.

In most cases this dividend, however justified, amounts to not just a return on investment but a profit of more than 4 times the original investment. Is this just the start of the owners taking their share by riding the gravy train that PL revenues bring.

Whatever the reasons it will be interesting to see the reaction should things go wrong for the club in the future. I'm not saying it will but history says with the exception of only a few clubs few enjoy longterm stays in the PL.

Lets get this right?you are slaging us of for going in to admin!when we only owed less then a million?.
You owed over £1.4million after what was owed to tax man
And you are a well run club off course?.
100mill in debt!because it was prem or bust.
Debts are £83million and none owed to tax man or local businesses. Debt is to Sam and Tan
And off course there is the re brand ?and lets face it you have become the joke of british football for iy.
Even to the point u cant even decide on what u want and fans get abouse for wanting to stay blue.
Rebrand is wrong but we are still the same club that was founded early in 20th century. Your club has reformed twice
Trying all aorts not to pay sam off and do u realy think there are no behind the curtings dodgy dealungs going on?.
Ps the creditors who were payed 5 in the pound are repung the rewards from our success.
I'm sure Colin Addison is delighted along with Peter Nicholas not forgetting a few other locals who got bugger all including a secondary school-screwing children's education.
But i do understand you have nothing on us
nd there for bring shit like this up to make your selfs feel better.
As would i if in your shoes.

We have nothing on you? We are the biggest club in Wales with a fan base that you are green with envy over. W have over 20000 season ticket holders and a waiting list. You have had to put season tickets on general sale as the locals are getting bored
As I've said previously your financial immorals will come back and haunt you one day and finally the media is aware of your chairmans true colours. Huw the spew said he would never take a penny out of the club. What an absolute hypocrite he is. 200k a year and 250 k dividend.

Lets get this right?you are slaging us of for going in to admin!when we only owed less then a million?.
You owed over £1.4million after what was owed to tax man
And you are a well run club off course?.
100mill in debt!because it was prem or bust.
Debts are £83million and none owed to tax man or local businesses. Debt is to Sam and Tan
And off course there is the re brand ?and lets face it you have become the joke of british football for iy.
Even to the point u cant even decide on what u want and fans get abouse for wanting to stay blue.
Rebrand is wrong but we are still the same club that was founded early in 20th century. Your club has reformed twice
Trying all aorts not to pay sam off and do u realy think there are no behind the curtings dodgy dealungs going on?.
Ps the creditors who were payed 5 in the pound are repung the rewards from our success.
I'm sure Colin Addison is delighted along with Peter Nicholas not forgetting a few other locals who got bugger all including a secondary school-screwing children's education.
But i do understand you have nothing on us
nd there for bring shit like this up to make your selfs feel better.
As would i if in your shoes.

We have nothing on you? We are the biggest club in Wales with a fan base that you are green with envy over. W have over 20000 season ticket holders and a waiting list. You have had to put season tickets on general sale as the locals are getting bored
As I've said previously your financial immorals will come back and haunt you one day and finally the media is aware of your chairmans true colours. Huw the spew said he would never take a penny out of the club. What an absolute hypocrite he is. 200k a year and 250 k dividend.

Debts are 123 million actually, after a creative bit of accounting the stadium was used as a £40 million asset, which of course it isn't.

I'm amazed people expect others to work for free, it's a business and after posting a profit of £15 million they are more than entitled to take a dividend, it's how it works

Not sure why the need to lie about fan bases for though, just enjoy the season,

Lets get this right?you are slaging us of for going in to admin!when we only owed less then a million?.
You owed over £1.4million after what was owed to tax man
And you are a well run club off course?.
100mill in debt!because it was prem or bust.
Debts are £83million and none owed to tax man or local businesses. Debt is to Sam and Tan
And off course there is the re brand ?and lets face it you have become the joke of british football for iy.
Even to the point u cant even decide on what u want and fans get abouse for wanting to stay blue.
Rebrand is wrong but we are still the same club that was founded early in 20th century. Your club has reformed twice
Trying all aorts not to pay sam off and do u realy think there are no behind the curtings dodgy dealungs going on?.
Ps the creditors who were payed 5 in the pound are repung the rewards from our success.
I'm sure Colin Addison is delighted along with Peter Nicholas not forgetting a few other locals who got bugger all including a secondary school-screwing children's education.
But i do understand you have nothing on us
nd there for bring shit like this up to make your selfs feel better.
As would i if in your shoes.

We have nothing on you? We are the biggest club in Wales with a fan base that you are green with envy over. W have over 20000 season ticket holders and a waiting list. You have had to put season tickets on general sale as the locals are getting bored
As I've said previously your financial immorals will come back and haunt you one day and finally the media is aware of your chairmans true colours. Huw the spew said he would never take a penny out of the club. What an absolute hypocrite he is. 200k a year and 250 k dividend.

Debts are 123 million actually, after a creative bit of accounting the stadium was used as a £40 million asset, which of course it isn't.

I'm amazed people expect others to work for free, it's a business and after posting a profit of £15 million they are more than entitled to take a dividend, it's how it works

Not sure why the need to lie about fan bases for though, just enjoy the season,

Roath Magic is showing his true colours again.

Alot of creditors have been involved in the club over the last ten years, and had the club gone under lost those ten years work have been repaid.

Any one in Cardiff shouting at Swansea for its financial past has rose colour specs. We nearly went out of business for 1 or 2% of the debt that you have as reported. We didnt have the luxury of a sugar Daddy or Daddies Sam and Tan.

I know some of you really dislike our club and thats fine thats football, but common sense that saved the club bought to where it is now, and it saves you having no rival in Wales and no derby games next season. More improtantly the City has benefited from more money coming into the area that would of been lost.

Lets get this right?you are slaging us of for going in to admin!when we only owed less then a million?.
You owed over £1.4million after what was owed to tax man
And you are a well run club off course?.
100mill in debt!because it was prem or bust.
Debts are £83million and none owed to tax man or local businesses. Debt is to Sam and Tan
And off course there is the re brand ?and lets face it you have become the joke of british football for iy.
Even to the point u cant even decide on what u want and fans get abouse for wanting to stay blue.
Rebrand is wrong but we are still the same club that was founded early in 20th century. Your club has reformed twice
Trying all aorts not to pay sam off and do u realy think there are no behind the curtings dodgy dealungs going on?.
Ps the creditors who were payed 5 in the pound are repung the rewards from our success.
I'm sure Colin Addison is delighted along with Peter Nicholas not forgetting a few other locals who got bugger all including a secondary school-screwing children's education.
But i do understand you have nothing on us
nd there for bring shit like this up to make your selfs feel better.
As would i if in your shoes.

We have nothing on you? We are the biggest club in Wales with a fan base that you are green with envy over. W have over 20000 season ticket holders and a waiting list. You have had to put season tickets on general sale as the locals are getting bored
As I've said previously your financial immorals will come back and haunt you one day and finally the media is aware of your chairmans true colours. Huw the spew said he would never take a penny out of the club. What an absolute hypocrite he is. 200k a year and 250 k dividend.

Debts are 123 million actually, after a creative bit of accounting the stadium was used as a £40 million asset, which of course it isn't.

I'm amazed people expect others to work for free, it's a business and after posting a profit of £15 million they are more than entitled to take a dividend, it's how it works

Not sure why the need to lie about fan bases for though, just enjoy the season,

Roath Magic is showing his true colours again.

Didnt know truthfulness was a colour.

Lol bigger club then us????
What crack are they selling in cardiff this month.
How the f**k do u think that?.

Lol bigger club then us????
What crack are they selling in cardiff this month.
How the f**k do u think that?.

Quite simple really. Just look at the figures.

Lol bigger club then us????
What crack are they selling in cardiff this month.
How the f**k do u think that?.

Crowds and numbers on database prove my point. Don't do drugs-they are for losers which is why swansea is the smack capital of Wales

Lol bigger club then us????
What crack are they selling in cardiff this month.
How the f**k do u think that?.

Crowds and numbers on database prove my point. Don't do drugs-they are for losers which is why swansea is the smack capital of Wales

Bigger Club for support in Wales Cardiff City
Better Run club Swansea
Bigger club known thoughout the football World Swansea
Most profitable Club Swansea
Highest Profile Swansea

Do I need to go on.

2012-2013 Average Attendence; Cardiff = 23,341, Swansea = 20,349
Total seasons in top-flight; Cardiff = 15, Swansea = 4
Highest ever league finish; Cardiff = 2nd, Swansea = 6th
Current League position; Swansea = 10th, Cardiff = 21st
FA Cups; Cardiff = 1, Swansea = 0
League Cups; Cardiff = 0, Swansea = 1
Welsh Cups; Cardiff = 22, Swansea = 10
Head-to-Head wins; Cardiff = 43, Swansea = 35

Looks like we take 6 of 8.

Lol bigger club then us????
What crack are they selling in cardiff this month.
How the f**k do u think that?.

Crowds and numbers on database prove my point. Don't do drugs-they are for losers which is why swansea is the smack capital of Wales

Database figures aren't strictly accurate, nor do we know Swansea's.

It would probably be accurate to say Cardiff were bigger than Swansea but now it probably isn't that way and current numbers are distorted by their capacity issue.

Just sayin.

This was quite a good post until the usual morons got involved.

It is relevant to us how much Swansea made over a six month period, our owner or primary shareholder (and debt holder) have staked a lot in reaching the promised land. The jacks have ran their small club very well and the profit they made without transfers show it will take a some time to pay off our existing debts even if we stay in their for a while.

Lol bigger club then us????
What crack are they selling in cardiff this month.
How the f**k do u think that?.

Crowds and numbers on database prove my point. Don't do drugs-they are for losers which is why swansea is the smack capital of Wales

Bigger Club for support in Wales Cardiff City
Better Run club Swansea5p in the £
Bigger club known thoughout the football World Swansea Debatable-CCFC been in major cup finals and on TV every saturday across the world. High profile in far east and known throughout the world
Most profitable Club Swansea at the moment
Highest Profile Swansea disagree-this season yes. Next season we'll see

Do I need to go on.

Carry on
I'll start you off
Club that has been in Admin most-Swansea

2012-2013 Average Attendence; Cardiff = 23,341, Swansea = 20,349
Total seasons in top-flight; Cardiff = 15, Swansea = 4
Highest ever league finish; Cardiff = 2nd, Swansea = 6th
Current League position; Swansea = 10th, Cardiff = 21st
FA Cups; Cardiff = 1, Swansea = 0
League Cups; Cardiff = 0, Swansea = 1
Welsh Cups; Cardiff = 22, Swansea = 10
Head-to-Head wins; Cardiff = 43, Swansea = 35

Looks like we take 6 of 8.

Love how they come here and try and give it large. The insecurity is sad.

CCFC have always been the biggest and best club and that riles them.

2012-2013 Average Attendence; Cardiff = 23,341, Swansea = 20,349
Total seasons in top-flight; Cardiff = 15, Swansea = 4
Highest ever league finish; Cardiff = 2nd, Swansea = 6th
Current League position; Swansea = 10th, Cardiff = 21st
FA Cups; Cardiff = 1, Swansea = 0
League Cups; Cardiff = 0, Swansea = 1
Welsh Cups; Cardiff = 22, Swansea = 10
Head-to-Head wins; Cardiff = 43, Swansea = 35

Looks like we take 6 of 8.

Love how they come here and try and give it large. The insecurity is sad.

CCFC have always been the biggest and best club and that riles them.

You are the only one that seems riled. And stop your PMs they are boring,