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Thread: Barnsley takeover moves closer with change in shares

  1. #1

    Barnsley takeover moves closer with change in shares

    Barnsley split the club's one 1 share into 1,000 0.01pence shares. Possible new owners taking stake in club?

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  2. #2
    So basically this means Patrick Cryne owned the 1 share & 100% of club. By splitting into 1,000 shares he could sell 499 to investors & keep control or obviously sell as much as he wants and keep a small share

  3. #3
    Quote Originally Posted by EastStandRed View Post
    So basically this means Patrick Cryne owned the 1 share & 100% of club. By splitting into 1,000 shares he could sell 499 to investors & keep control or obviously sell as much as he wants and keep a small share


    In either case what are PC's motives other than financial?

  4. #4
    Quote Originally Posted by Exiletyke View Post
    In either case what are PC's motives other than financial?
    It just prepares everything ready for the club to be split into multiple ownership. If you're selling something I suppose your motives are always financial

  5. #5
    Just a technical accounting procedure.

    If tha Googles AGC Nice tha'll find the ownership is split between 80% various names in Mister Lee's Investment Group and 20% the previous owner. Will ev the same here.

    One thing tha can be sure of--Mister Lee's accountants/ legal team will ev made sure thuz only one winner in this.

    Rev Preedy al be turning in his grave praying "Lord help them for they do not know what they do"
    Last edited by SBRed48; 12-09-2017 at 09:37 AM.

  6. #6
    Quote Originally Posted by EastStandRed View Post
    It just prepares everything ready for the club to be split into multiple ownership. If you're selling something I suppose your motives are always financial


    In which case stop pretending to be a philanthropist

  7. #7
    Quote Originally Posted by SBRed48 View Post
    Just a technical accounting procedure.

    If tha Googles AGC Nice tha'll find the ownership is split between 80% various names in Mister Lee's Investment Group and 20% the previous owner. Will ev the same here.

    One thing tha can be sure of--Mister Lee's accountants/ legal team will ev made sure thuz only one winner in this.

    Rev Preedy al be turning in his grave praying "Lord help them for they do not know what they do"


    " One thing tha can be sure of--Mister Lee's accountants/ legal team will ev made sure thuz only one winner in this."




    Hasn't PC done exactly the same ?

  8. #8
    Quote Originally Posted by Exiletyke View Post
    " One thing tha can be sure of--Mister Lee's accountants/ legal team will ev made sure thuz only one winner in this."




    Hasn't PC done exactly the same ?
    Al change it to Mister Lee's accounting and legal teams will ev made sure thuz only one big winner in this and his 20% sidekick can benefit financially as well while Mister Lee is still here. When Mister Lee make much money and go then cheap, cheap shares available.

  9. #9
    Av got sum old shares , wunda if mister Lee wanty

  10. #10
    Quote Originally Posted by EastStandRed View Post
    Barnsley split the club's one 1 share into 1,000 0.01pence shares. Possible new owners taking stake in club?

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    this has to one the most elaborate 'Spoofs' in the history of the club.

  11. #11
    Everything is around making wonga in football in one way or another there are no football clubs as such it's football business.com

  12. #12
    Quote Originally Posted by DragonTyke View Post
    this has to one the most elaborate 'Spoofs' in the history of the club.
    Companies House has a record of it. Mr Lee say "wise man use Google before gob".

    https://beta.companieshouse.gov.uk/c...filing-history

  13. #13
    Quote Originally Posted by old goat View Post
    companies house has a record of it. Mr lee say "wise man use google before gob". ;d

    https://beta.companieshouse.gov.uk/c...filing-history
    Love it.
    Last edited by SBRed48; 12-09-2017 at 11:43 AM.

  14. #14
    Quote Originally Posted by Old Goat View Post
    Companies House has a record of it. Mr Lee say "wise man use Google before gob".

    https://beta.companieshouse.gov.uk/c...filing-history
    Haha

  15. #15
    Quote Originally Posted by SBRed48 View Post
    Al change it to Mister Lee's accounting and legal teams will ev made sure thuz only one big winner in this and his 20% sidekick can benefit financially as well while Mister Lee is still here. When Mister Lee make much money and go then cheap, cheap shares available.



    Like I've said SB same principle but with more wonga [Don't you think PC knows that?] or put another way different day same sh1t

  16. #16
    I'm hopeful we will see how much Mr Lee's paid for the club when the deal is announced .

    I'm interested to know as well how much working capital will be left in the till once the takeover is complete .

    Just out of curiosity of course .

  17. #17
    Quote Originally Posted by animallittle3 View Post
    I'm hopeful we will see how much Mr Lee's paid for the club when the deal is announced .
    YOU'LL BE LUCKY it'll be undisclosed these wealthy buggers won't want the likes of us knowing their business

    I'm interested to know as well how much working capital will be left in the till once the takeover is complete . YOU'LL BE LUCKY but I would be interested just to see how much PC has the clubs interests at heart

    Just out of curiosity of course .


    Just realised Animal you were probably saying that tongue in cheek
    Last edited by Exiletyke; 12-09-2017 at 03:02 PM.

  18. #18
    If as stated Mr Cryne currently has 100% of the shares then at some stage he has to prepare for him selling part or all of the club due to health or other reasons just the same as we do eventually with our houses

  19. #19
    Chein Lee now following Barnsley on Twitter

  20. #20
    Quote Originally Posted by EastStandRed View Post
    Chein Lee now following Barnsley on Twitter
    Wondering if this takeover will be announced to take advantage of the Sky game on saturday and the big trumpet .

    Patrick's programme notes were not only very sad to read but also carried more than a hint of signing off from the club so to speak on a professional level .

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