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 .
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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 .
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.
When I read the club statement, I was firmly of the the same opinion as you Animal - yes this is how the Cryne's have finally received what's owed to them.