This is all smoke and mirrors as far as I can see – with Swann cynically trying to distance himself from the carnage just BEFORE we go down and also just before people start looking too closely at the annual accounts which have just been published (only £5.8k of the loan written down in return for GP and still a ‘real’ loss of £1m??!!)
If Swann, the beautiful Karin and their ‘moron’ son Chris (your words Chris, not mine) were all to resign from the board as well (and take the chief scout with them) and state that whilst they are of course the majority shareholders for the time being they would remain at arms length to the club then that would be a different matter – but they haven’t stated that.
This all looks like a bit of deck chair shuffling to quell the peasants revolt – and they’ve had to bring LT in to do it because SE couldn’t take any more of their absolute and total crap.