Iron Bru › Forums › Blast Furnace › Swann Should Do the Right Thing
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December 27, 2022 at 12:15 pm #251201
I’ve been trying to get my head around the news of Swann’s gambling and the impact this is likely to have had on SUFC, regardless of the fact that none of the club’s money was involved.
At the very least I find it hard to believe that Swann would have been in ‘a very good place’ to make decisions around the running of the club while all of this was happening. It would be easy to criticise him for this, as some have, but given none of us are perfect I prefer to offer sympathy for the plight in which he must have found himself, even though I’ve never been a ‘betting man’ myself.
While prepared to offer Swann sympathy, I do believe the right thing would now be for him to accept full responsibility for the club’s plight, which he says he’s always done, by ensuring its survival financially, even if this means digging deeper in to his own pockets.
As things stand this doesn’t look very likely and it’s that I find so disappointing. Come on Peter, I’d be surprised if the vast majority of supporters don’t sympathise with you, at least to some extent, for the problems you’ve encountered during what you yourself describe as a ‘difficult time’ of your life. Many supporters will have also experienced difficult times and many will undoubtedly be doing so right now.
Please, do the right thing, and let the club go even if that means you lose out financially. While SUFC might not mean a great deal to you, for many of us it does. That way you could still leave with some dignity and even send a strong message to others who might find themselves in a similar situation.
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December 27, 2022 at 12:31 pm #251203The supporters should be told where the sale is or is it not going ahead .Until some news is forthcoming the deal seems unlikely
December 27, 2022 at 12:43 pm #251206“I’d be surprised if the vast majority of supporters don’t sympathise with you, at least to some extent”
I wouldn’t!
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December 27, 2022 at 1:02 pm #251212Pointless OP. Like he’s going to read it and give a toss what you think he should do! You need a reality check.
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December 27, 2022 at 1:18 pm #251218And there I was thinking Swann read this board every day, Deerey. I’d say you’re the one who needs a reality check.
December 27, 2022 at 1:24 pm #251220I don’t have any sympathy for him whatsoever. Swann has literally gambled a large amount of money away “which may have been largely his wife’s”…..spent money here he never should have spent and probably knew deep down what he was spending was wrong and then signed over the clubs assets to his company to cover the mess up he caused which has made a new takeover nearly impossible to get over the line.
How the feck can you sympathise with that carry on ?
Swann has completely destroyed the club.
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December 27, 2022 at 1:33 pm #251222I’ll change the above to ” which was PROBABLY largely his wife’s “. I obviously can’t say for certain.
Didn’t she somewhat hold the purse strings though ?
December 27, 2022 at 1:33 pm #251223Yep, ridiculous isn’t it. I’ll reserve my sympathy for others more deserving.
Yes Bucks, of course he’s not going to read what you’ve posted or give a toss if he did. So what exactly is the point in pleading with him on here? Vanity?
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December 27, 2022 at 1:34 pm #251224If The EGO does read these posts he should remember the CLUB TRUSTED HIM TO CARE FOR IT.
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December 27, 2022 at 1:52 pm #251225And there I was thinking Swann read this board every day, Deerey. I’d say you’re the one who needs a reality check.
He used to,as far as I know since it was locked with signing in he hasn’t
December 27, 2022 at 1:53 pm #251226Zero sympathy.
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December 27, 2022 at 2:08 pm #251227This is all so unfair.
What we need is someone to list all the promises that Peter has made – and kept – to the supporters of the Iron.
A second list showing – if there are any – ones which might, arguably, have been broken could also be compiled.
With this comparison in place – we’d all be able to see precisely what the truth has been.
I am sure that this would bring an end all the unreasonable attacks made on Peter.
It would surely be a great relief to him and to any who have made unjustified comments on Bru who will then welcome having the opportunity to apologise.1 user thanked author for this post.
December 27, 2022 at 2:08 pm #251228Even by Buck’s poor standards, that has to be close too the biggest piece of crap he has ever written on this board. Here’s my view, clear off Buck’s and take your pious, condescending rubbish with you.
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December 27, 2022 at 2:53 pm #251232Swann paid no attention to Bucks’s previous pleadings, so if he does read it is obvious he won’t pay any attention to it.
Having said that, Bucks’s post doesn’t seem more superfluous than some others on here which seem to just be a way for the OP to vent their frustration (e.g. the who is/are the biggest morons now thread). If Bucks thinks his thread will make a difference he’s deluded, but even I think maybe we shouldn’t give him so much ire on this thread.
December 27, 2022 at 2:56 pm #251234Swann had accepted no responsibility for anything. Sympathy should be reserved for those who may struggle to pay mortgages – the employees of SUFC. We now appear to be under another transfer embargo and there has been talk of unpaid tax – but we are suggesting sympathy with a person who has destroyed a community asset.
If he handed SUFC over for £1 let the club play at least one season until we had time to build elsewhere then I would offer nothing more than silence against his antics (certainly no sympathy). Never forget we have a squad made up of players who really should be part time and will be in NLN next year – as the very best outcome for where we are at the minute. Sadly liquidation is just around the corner.
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December 27, 2022 at 3:47 pm #251241“What we need is someone to list all the promises that Peter has made – and kept – to the supporters of the Iron”
Well that won’t take long! In fact….
…. There! I’ve done it.
If these debts are historic, going back to 2018, then perhaps that’s when the club should have been sold. When it was a much more viable proposition, and was not complicated by EFL loans and non-league status.
Unsurprisingly the last four years have been a nightmare for both Swann and Iron fans.
I don’t know why he wants to drag it out? He’s certainly not going to cover his losses. So in that respect I agree with the OP. He should cut and run!
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December 27, 2022 at 4:46 pm #251246AnonymousInactiveOffline
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Topics: 80The longer it goes on, the less it’s (club) worth.
December 27, 2022 at 6:01 pm #251257The club is worthless, operates at a loss and has no tangible assets other than some training bibs; Effectively it should be bought for a £1.
The stadium/land was allegedly last valued at £4million, I don’t know if that’s still the case and how the planning permission expiring for the apartments will affect it.
I highly doubt Elliot and co have the readies to afford the stadium. You are then potentially looking at paying the mortgage loan off and also the EFL loan. God knows what else is hiding in the closet as there is rumours of unpaid tax bill.
The consortium is going to need deep pockets
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December 27, 2022 at 7:04 pm #251262Did say at the time we should have refused to carry on playing during covid. Wouldn’ have needed a loan.
December 27, 2022 at 7:41 pm #251264The ground and land was valued at 5.2 million in the 2020 accounts with the land valued at 900,000. Coolsilk property & investment bought it for 5.2 million during the next year’s accounting period.
December 27, 2022 at 9:48 pm #251269We knew as soon as Swann signed over the club assets to coolsilk we’d be in the shite. Swann said he happily sign the assets over but let’s face it, he’ll most likely be waiting for the club to fold to then recoup some decent money and sell the land of to developers.
I wouldn’t be at all surprised if he hasn’t already rounded up some prospective buyers. To give up this club he’ll want a double payment for the club assets and the club it’s self, which will make a takeover near impossible.
Swann won’t give a shite. If Swann sold the site on to a developer for say £6-7 million, he’ll be laughing his todger off.
December 28, 2022 at 12:01 pm #251313It would surely be a great relief to him and to any who have made unjustified comments on Bru who will then welcome having the opportunity to apologise.
I bet those who recieved solicitors letters for pointing out how the club was being run would lead to this ,causing great worry about whether you could afford to get into a legal fight and maybe even lose homes,won’t get an apology.
Trust me at £500 a pop legal letters can start adding up and if you ben to demands you could lose a fortune,.I’ll have no sympathy in that regard Les1 user thanked author for this post.
December 28, 2022 at 2:22 pm #251325It’s not called ‘irony’ for nothing, 64.
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December 28, 2022 at 2:24 pm #251326Of course he would the land is only worth 900.000 to 1 million. Hardly likely to get the 6-7 million your on about WG, where did you get that figure?
December 28, 2022 at 5:36 pm #251336Very interesting responses, barring the predictable personal attacks from the usual suspects, which I’ll just ignore.
I must confess that I expected people to have a bit more sympathy from a purely human perspective given that gambling, like alcohol, can be addictive. If Swann was an addict, which seems likely though I don’t think he’s said as much, he certainly has my sympathy; and, no, it’s not something that’s ever happened to me, but we all know it can ruin people’s lives.
Either way, the point is that just saying none of the club’s money was involved does not absolve Swann of responsibility for the massive problems this has more than likely created, which seems to be what he’s trying to claim with his statement. On that basis I’d say there’s very high justification for him to let the club go for significantly less than the book value.
Whether Swann reads this board or not I find it hard to believe that nobody involved with the club does so. Do they pay any attention? Almost certainly not, but that doesn’t mean we can’t or shouldn’t express our views.
December 28, 2022 at 6:24 pm #251344Very interesting responses, barring the predictable personal attacks from the usual suspects, which I’ll just ignore.
I must confess that I expected people to have a bit more sympathy from a purely human perspective given that gambling, like alcohol, can be addictive. If Swann was an addict, which seems likely though I don’t think he’s said as much, he certainly has my sympathy; and, no, it’s not something that’s ever happened to me, but we all know it can ruin people’s lives.
Either way, the point is that just saying none of the club’s money was involved does not absolve Swann of responsibility for the massive problems this has more than likely created, which seems to be what he’s trying to claim with his statement. On that basis I’d say there’s very high justification for him to let the club go for significantly less than the book value.
Whether Swann reads this board or not I find it hard to believe that nobody involved with the club does so. Do they pay any attention? Almost certainly not, but that doesn’t mean we can’t or shouldn’t express our views.
Aside from you not personally knowing ‘someone’ who has lost millions gambling, shock of the year, usual superciliousness.
December 28, 2022 at 6:37 pm #251348Either way, the point is that just saying none of the club’s money was involved does not absolve Swann of responsibility.
He has said plenty over the years, was it all true?
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December 28, 2022 at 9:24 pm #251356Back again with more rubbish Buck’s, what a pointless thread from you, deserves pointless responses, which thankfully quite a few have been
December 28, 2022 at 11:56 pm #251363This is all so unfair.
What we need is someone to list all the promises that Peter has made – and kept – to the supporters of the Iron.
A second list showing – if there are any – ones which might, arguably, have been broken could also be compiled.
With this comparison in place – we’d all be able to see precisely what the truth has beenI have listed his errors many times Les, it was pointless really due to real Scunny supporters all being aware of them already, but how can anyone suggest any sympathy what so ever to be shown to this person,who has always had his own needs placed above the needs of the clubs and it’s supporters at all times, it is difficult to sift through all of his past seven years of his actions, and find any that were not for his own selfish needs rather than any for club of fans.
December 29, 2022 at 11:56 am #251401What we need is someone to list all the promises that Peter has made – and kept – to the supporters of the Iron.
Would make for a short list.
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