The Swansea City Supporters' Trust are demanding the resignation of chairman Huw Jenkins.
The Trust published a detailed and strongly worded statement on their official website in response to comments made by Jenkins during an interview on Friday.
Wales Online reports Jenkins had stated a meeting with Trust representatives took place before a game against Aston Villa on March 19, 2016 and that the supporters' group was offered the chance to sell 11 percent of their holding in the club.
In their statement on the website, the Trust deny this meeting took place or that such an offer was made at that time.
They also raise several other points of contention in a response which is endorsed by former board members Huw Cooze, Phil Sumbler and Jim White, who were all involved in the organisation at the time of the takeover.
Jenkins had suggested he was prepared to step down as chairman on Friday, but the Trust have today formally called for his removal. They also revealed they had previously asked for a full review of football operations at the club such were their concerns about Jenkins.