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Thread: Good interview with JAQ

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  1. #1
    Join Date
    Apr 2008
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    I’m presuming Paul Conway came here because he was invited by Chien Lee.
    So IMO the question should be - why did Chien arrive here.
    We heard at the beginning that they ‘wernt going to go crazy’ - and their intentions were to build steadily.
    But that came apparent that it wasn’t the case.
    So yes there’s a story to be told regarding what went off in the boardroom over the last 5 or 6 years.
    But I don’t think we will ever hear about it.

  2. #2
    Join Date
    Mar 2012
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    19,183
    Quote Originally Posted by Young_Nudger View Post
    I’m presuming Paul Conway came here because he was invited by Chien Lee.
    So IMO the question should be - why did Chien arrive here.
    We heard at the beginning that they ‘wernt going to go crazy’ - and their intentions were to build steadily.
    But that came apparent that it wasn’t the case.
    So yes there’s a story to be told regarding what went off in the boardroom over the last 5 or 6 years.
    But I don’t think we will ever hear about it.
    The "Consortium" of Lee, Parekh, Cryne, Conway, Hung and The Investor Group (then mystery figures) came together in 2017 in a common financial interest as owners of Barnsley FC. Conway had only a very small percentage of shares, his power and initial Co Chairmanship with Lee came from the fact that he was the representative of the Investor Group who then held about 20% of the shares and held the balance of power when combined with Lee and PMG.

    The point I am making is that the Investor Group failed to oversee their representative Conway and offer any kind of oversight or challenge his activity.

    In the article it says, " It was 2017 when JAQ and her husband Matthew Edmonds became part of a small group of investors in Barnsley. For years they went under the radar watching games from their home in New York"
    This is code for "We left Conway to it "

    It goes on to say, "I've (JAQ) been watching from a distance for a long time", Quay says, " but when the club got relegated last year it was like---OK, hang on.."
    This is code for, "This guy Conway is trashing our investment Matthew".

    Only then did the Investor Group decide to switch sides to Parekh and Cryne to give them the balance of power so they could vote off Conway. The Investor Group then disbanded leaving only Edmonds, represented here by JAQ. Parekh bought the other Investor Group member's shares

    It was the original Investor Group that gave Conway the power and then failed to monitor him.
    Last edited by SBRed48; 27-05-2023 at 04:45 AM.

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