Is this the process by which the Cryne's have finally received what was owed to them when they sold the club to the consortium ?
I could be barking up the wrong tree here but it's just crossed my mind .
Is this the process by which the Cryne's have finally received what was owed to them when they sold the club to the consortium ?
I could be barking up the wrong tree here but it's just crossed my mind .
Are you aware Nudger that " Tramlines " one of the biggest events in the whole of South Yorkshire takes place in Hillsboro Park , it might have not have anything to do with the football club of that Parish but to make out that nothing happens there because it is a " reyt dump " is not exactly true Nudge.
The Crynes have still to receive £2.75 million of the purchase price for the club of £3.5 mill. Approx £3 million has been ring fenced in club accounts to cover this (includung interest) raised as part of the recent Share Issues.
Lee and Conway paid into these Shares. They need to have been involved in buying the club in order to now sell their part ownership.
It will be interesting to see how much they walk away with.
Ahmad's "Big News" is finally revealed. The Crynes have sold their 50% ownership of Oakwell and some surrounding land to Barnsley Council who now own it 100%, leasing it to Barnsley FC for at least the next 30 years.
I can't link the press conference but Steve Houghton says the rental the council's earns will be reinvested back in to the stadium , presumably he means maintenance of the stadium .
He ruled out any development and says there's at least 10 years life left in the West Stand .
Quite rightly he's deduced that Barnsley Council taxpayers won't exactly be thrilled about paying for a new stand at Oakwell whilst there are a thousand more important things in the borough that need funding .
[QUOTE=animallittle3;40433507]I can't link the press conference but Steve Houghton says the rental the council's earns will be reinvested back in to the stadium , presumably he means maintenance of the stadium .
He ruled out any development and says there's at least 10 years life left in the West Stand .
Quite rightly he's deduced that Barnsley Council taxpayers won't exactly be thrilled about paying for a new stand at Oakwell whilst there are a thousand more important things in the borough that need funding .[/QUOTE
and says there's at least 10 years life left in the West Stand - Haha abart same as life left in me!!!
Ahmad claimed the West Stand was unsafe when turfing long standing ST holders out of their seats.
Strange how things work out.
If I win over £100mill on the Lottery I will build a new West Stand. You read it here first.
The way I see it is that it secures the club's future at Oakwell for the next 30 years which is good news .
I don't really think this is world changing news and I don't expect to see anything different other than the ground will get a lick of paint every summer .