"The design of our offer was always to give fans 50%+. Because there were discussions with lots of parties, and the actual governance of the Club isn't the easiest to understand, we landed where we did -- but if the main concern was keeping TWS, specifically, at 50%+, I'm sure smart people (not me) could sit in a room and solve it. Intention matters here."
You'd think smart people would have realised how big a concern this was always going to be and solved it before putting the proposal forward.