Surely it’s an easy problem to solve.
Barnsley Council own 50% of the ground.
And as Sir Steve has said - if Barnsley Football Club is doing well then that will have positive spin offs for the Barnsley District.
The Cryne family own the other 50% - plus they own 20% of the football club - so obviously they want the best for the football club.
So what’s stopping these two owners offering the ground to these owners on a 99 year lease with a low annual payment ???
In that way the ground cannot be developed for any other purpose - and the present owners can then invest in the ground with the knowledge that if they sell the football club and the rights to the ground they will be able recoup their investments.
It seems simple to me - so what’s the catch ?
Sounds fair enough to me as well .
It maybe common knowledge - so I may sound a bit dim - but I haven’t heard anything about a 3rd party.
What I remember when Patrick bought the club is that he sold 50% of the ground for £2 million to Barnsley Council - which took away the risk of the ground being developed for anything else.
So are you saying the Crynes don’t own 50% of the ground !?!?!
There too busy buying other clubs
The first catch with that is that the Crynes and Barnsley Council jointly own 50% of the Stadium through Oakwell Holdings and Conway owns the other 50%. The chancers said they would buy up the Cryne/Council 50% within six months of taking over but failed to do so. This is separate to the issue below.
My understanding, in summary, is that Conway's legal team failed to research properly a legal development shortly before taking over on 17th December 2017. A change in the law meant that all claims to sub surface mineral rights (probably coal) had to be registered with the Land Registry. An individual/group called "Lord" David Harrison/ "Lady" Diana Miller through a company called Hardrof Ltd did a block registration of all the land they owned in Yorkshire and elsewhere. It so happened that a strip/part of the Oakwell site happens to be one area registered and other people cannot develop on this land or they can be done for trespass --this could well be the so-called ransom strip. My understanding is that Hardrof Ltd are the so called "third party" that Conway keeps referring to. Conway may well be able to purchase the mineral rights on this area of land but is reluctant to pay the purchase price.
Conway is delaying to pay Cryne what he owes for the club until this third party issue is sorted. It should all cummart in wesh in the Cooart case. On the other hand what my understanding is could be b0ll0cks.
Summats not reyt darn theear.
Last edited by SBRed48; 28-08-2021 at 11:53 AM.
That's interesting SB didn't know that but as I said before why no statement from bmbc