Barnsley FC to receive massive injection of funds
The Barnsley FC Director Paul Conway has revealed he is the man behind a massive injection of £39 million pounds over the next three years into the club. The £39 million over three years is the maximum allowed under Financial Fair Play Regulations and will be front loaded with £25 million in the first year, then£8 million, then £6million.
Mr Conway said, "I am aware others have taken the financial risk so far but this £39 million is from my own personal wealth and demonstrates my love and commitment towards Barnsley FC. It will progress the development we have seen so far under our ownership".
The funds have to be lodged with the FA by midday today to be valid.