Quote Originally Posted by Young_Nudger View Post
Some good points - some I agree with.
But those I don’t.

Only James Cryne knows how the algorithm thing works.
No one else - not even the CEO.

I think people misjudge the new ownership or indeed any owners of football clubs.
These are people that are not like most of the population in Barnsley.
They have made it - they don’t need to scramble about for every dime to make ends meet.
They look to contribute to society by either giving something back or in the case of football club owners jumping onboard something they have an interest in.

As a lot of people struggle all their lives I understand that it’s difficult for some to get their heads around - that they are not in it for themselves.

Some people on here like myself may contribute by doing charity type work - and not earned a penny from it.
That’s what football club owners do - but on a much bigger scale.
It's a lovely romantic view that a group of American Hedge Funds and a wealthy member of an Indian family owning solvent factories came over attracted by the love of a Lower Second/ Upper Third Division football club in Northern England. The reality is a little different.

Lets look at JAQ. JAQ Julie Ann Quay is only here to look after what is left of the financial interests of her husband Matthew Edmonds Hedge Fund. Conway established a Special Aquisition Company on the New York Finance Market to pitch the prospect of profits that could be made from undervalued European football clubs through direct buy and sell of assets or through player trading. Four Hedge Funds piled in, owned by Zach Schreiber, Joshua Samuelson, Lee Pollock and Matthew Edmonds. Their identity was the general name of The Investor Group and they initially owned 20% of BFC. They made Conway their representative at BFC and left him to it. Who was "in control" of BFC at the time will form a large part of the ongoing EFL Investigation.
It all went tits up, the profits didn't materialise, Conway was binned, the Hedge Funds sold up and only Matthew Edmonds Jamakepe Investments, represented by his wife JAQ remains.

The idea that she is here doing something similar to charity work is laughable.