More Ownership Share Activity at BFC

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Originally Posted by Young_Nudger

1) Wait for him to repeat it.
It was only a few months ago he was on stage at the club explaining why he got involved.

2) According to reports Conway had a contract for 4 years.
If those in charge at the time are trying to pay off the previous owner by money (£750k) generated by the club then I’m sure if the other share holders could have stopped him then they would.

3) In hindsight - the previous owners were good at pulling the wool over peoples eyes.
As Jean Cryne said - we didn’t like how they were doing things.
And for me that says it all - as Jean is carrying the torch for her husband - who we all agree had his heart in the club - so if Jean says that she didn’t like how the previous lot were doing things - and importantly she is willing to throw in with JAQ and Neerav.
THEN ALLS FINE BY ME.

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1) So you don't know then. I'm talking about the first three/ four years from 2017, not recent months.

2) Yes Conway did have a contract for four years. It doesn't mean he couldn't be "sacked"at any time if he wasn't doing his job ie making money. It was Conway who pitched to the New York finance market to establish a Group which could take advantage of low valued European clubs to buy and sell and get involved in player trading. Hedge Funds jumped on board thinking there was money to be made. That's why I wondered why Parekh got on board with this Consortium.

3) Cryne and Parekh may not have liked what Conway was doing but they just stood aside and watched it roll out. They got lucky because Conway was so incompetent and the Investor Group binned him. Only then did they come out and say what a bad boy he was.

The Tories were happy enough with Johnson even though they knew he was a liar and a charlatan , that was brushed to one side whilst he was winning elections and high in the opinion polls .

They only dropped him when the opinion polls turned against them .

Much the same went on behind the scenes on Grove Street .

Conway was a complete bellend from day one with Lee backing him up , he had his version of Partygate during the last championship debacle .

Only then did the present incumbents at Oakwell decide to find their morals .

Jeez.
Let’s not bother to listen to what they say.
Let’s just believe the darkest horrible thing we can conjure up about them.

I honestly have some (perhaps optimistic) hope about parek tbh
I hope once he gains control and pmg are out he can take us forward
Truth be told we can’t do anything about it so let’s just keep our fingers crossed he has the best intentions 🤞

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Originally Posted by Young_Nudger

Jeez.
Let’s not bother to listen to what they say.
Let’s just believe the darkest horrible thing we can conjure up about them.

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As long as it is backed up by past, present and future actions i will believe the words of most people. Spectemur Agendo.

Some have claimed, "But what about all the money Parekh has put in". These money amounts are not donations/ gifts/ writing off previous loans as, to be fair to Patrick Cryne, he did quietly, without PR fanfare, over his years as owner in "small" amounts of a few hundred thousand there, a hundred thousand there to cover losses at the club.
Parekh has been using the family wealth to buy shares which can later be sold if he wishes. The money is not lost out of his pocket. Parekh has an increasing pile of Share Certificates, very different to making donations, gifts or loans later written off.

I wish Parekh well. I wish i could listen more to what he says because there hasn't been a peep out of the Oakwell hierarchy for ages.

Theres a saying in India and the USA…
“If you haven’t got anything to say that will make money, say nowt”

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Originally Posted by SBRed48

1) So you don't know then. I'm talking about the first three/ four years from 2017, not recent months.

2) Yes Conway did have a contract for four years. It doesn't mean he couldn't be "sacked"at any time if he wasn't doing his job ie making money. It was Conway who pitched to the New York finance market to establish a Group which could take advantage of low valued European clubs to buy and sell and get involved in player trading. Hedge Funds jumped on board thinking there was money to be made. That's why I wondered why Parekh got on board with this Consortium.

3) Cryne and Parekh may not have liked what Conway was doing but they just stood aside and watched it roll out. They got lucky because Conway was so incompetent and the Investor Group binned him. Only then did they come out and say what a bad boy he was.

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Well let’s go through these.
1) I know what Neerav said.
I listen.

2) Only person who could sack Conway was his major shareholder colleague Chien Lee.
People do not generally invest in football clubs to make money.

3) How do you know that the Crynes and Neerav stood aside and said nothing ? Who told you this - or is it just something else you’ve made up ?
I haven’t read anything where the present leadership of the club has said anything detrimental about Lee or Conway.

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Originally Posted by Young_Nudger

Well let’s go through these.
1) I know what Neerav said.
I listen.

2) Only person who could sack Conway was his major shareholder colleague Chien Lee.
People do not generally invest in football clubs to make money.

3) How do you know that the Crynes and Neerav stood aside and said nothing ? Who told you this - or is it just something else you’ve made up ?
I haven’t read anything where the present leadership of the club has said anything detrimental about Lee or Conway.

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You are now clutching at straws Nudge. Only No2 is really worth a short reply

Conway was the representative of the Investor Group. They gave him a four year role (call it a contract if you want) to look after their financial interests at Barnsley FC with a remit to make money, profit initially to be made from player trading. Do you really think New York Financial Hedge Funds bought shares for any other reason than to make a bit of money ? For this, as a significant Group shareholder, they made him Co-Chairman. It was up to the Investor Group to remove Conway's power and they did this by binning his employment and switching sides to Parekh.
Lee never had a majority (over 50%) shareholding and never had the power to make Conway Co-Chairman or sack him from that role.

I am growing weary of posting the same stuff about what happened. I suggest you wait until after reading the EFL Investigation findings about control of the club before prolonging your blind faith fantasy stuff.

SB
‘They gave Conway a remit to make money’

How do you know this ?

I agree that funding projects are usually targeted at making money - and Conway may have sold them that vision.
And I assume Conway believed there was money to be made on the back of James Crynes recruitment system.
But it’s all conjecture.
It’s not fact.
It’s just assumptions on a grand scale.
And if you listen to what the directors are saying then you will realise what you are saying is wrong.

BTW - I said major - not majority.

Jesus Nudger does thy ever try to read between the lines?

Tha dunt ev to believe everything thy hears. Sometimes tha can see straight through people if tha looks a bit deeper into things. Conway gave a speech before the Luton game in 2019. It was a poor attempt at PR with the Reds fans in a bid to ingratiate himself "best transfer window ever" while I firmly believe that he was only ever here to use our beloved football club as a way to make a profit at whatever cost.