|
| + Visit Barnsley FC Mad for Latest News, Transfer Gossip, Fixtures and Match Results |
I can’t see these owners wanting to leave.
But i can imagine Paul Conway wanting to get some time away when the new CEO starts work tomorrow.
Too much time, effort and money has been put into the club for these owners to sell.
And when they do sell - fingers crossed we get owners that follow the same business plan - because there’s a lot of Chansiri type owners out there.
New properties sell well,could you imagine size of a new estate,you drive into it and it takes you away frm s..tholes,,industrial estate,doubt booker has done bad,shoping mall,youve ground,car parks,training facilites,itz massive mate,be worth a fortune, west stand as a ground is a problem,not enough room to rebuild an put bars,shops, hotel even,but if a new ground costs 30m surely that side of the ground shouldnt cost 7m.council n cryne could come to an agreement wi this lot,thats not going to happen,they are bullying,they want the ground.down to us fans,we dont allow these to dictate, if it means we av to start again..they will make a fortune,at least if we buy a new ground,council will own 50per cent and be able to build council homes.no easy answers,its going in sumdis pocket.more questions than answers,us fans need to buy em out.we need cryne n council to be reasonable wi rent, maybe they want the land, can sumdi tell mi wat best answer would be?wish a never started.
Yes you're right Pass, we don't know anything. But I still believe they bought Barnsley for football reasons and that any sale of land/development opportunity is secondary (albeit possibly a lucrative secondary) to the the primary football reason. Football must be their primary driver because they've also bought about half a dozen European clubs and it doesn't appear they've bought them for land development opportunities.
Their business model is simple, buy a football club that is desperate to sell at a low price. Minimum investment…. the club purchase price only. Split the purchase price across multiple investors and keep the original owners with a small percentage so the club requires less management.
In the meantime clever accounting gets their purchase price back, buying Oakwell on the cheap would have increased the value of the club further and increased their saleable assets. The fact this hasn’t happened has made them think about moving on but I’m not saying it’s imminent but they are looking at it. They would never build another ground for Barnsley but if the worst comes to the worst they’d rent elsewhere.
The business plan is to run the clubs sustainably with no financial input from themselves in the hope that the clubs hit the ever increasing TV money jackpot of premier league and championship money or maybe europa league money for their European clubs.
Either way they get their purchase price back in the meantime so it costs them nothing.
The sale of Nice payed for all the other small European clubs they’ve bought.
It’s Dragons Den in football
I think the next key event will be the Court Case where Conway is being taken to Court for breaking the agreed payment schedule for buying the club. If Conway loses that and has to pay what he owes I think he will seek revenge by stopping paying rent to play at Oakwell hoping to make Oakwell Stadium a financial white elephant for the Cryne family and Barnsley Council and then seek another ground to pay rent to in order to fulfil fixtures. I understand there is a stadium just down the A61 where the owner is seeking funds and would be happy for additional income. The Conway arse warm smoke blowers would still attend and praise him for finding a ground so close.
(What do you call Conway in a suit ? ----The defendant.)
Last edited by SBRed48; 06-09-2021 at 10:30 AM.