Court Case / Move from Oakwell - Further BFCST Update

Discussion in 'Bulletin Board' started by Gally, Sep 16, 2020.

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  1. kektyke

    kektyke Well-Known Member

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    We weren't in admin when pc took over, Doyle took us out of admin and then Cryne stepped in as PD had taken out crippling loans I believe which put us in a much worse position
     
    kektyke, Sep 17, 2020
    #121
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  2. Red

    Reds Fan Well-Known Member

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    great post!
     
    Reds Fan, Sep 17, 2020
    #122
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  3. Mr Badger

    Mr Badger Well-Known Member

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    We need someone else to come along and say "Keep the faith"
     
    Mr Badger, Sep 17, 2020
    #123
  4. Merde Tete

    Merde Tete Well-Known Member

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    "There's a story to be toooold"
     
    Merde Tete, Sep 17, 2020
    #124
  5. JLWBigLil

    JLWBigLil Well-Known Member

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    Yes we were. Patrick took us out of administration. In fact, if my memory serves me right, we exited administration just prior to the 1-1 home draw against Sheffield Wednesday in December 2003.
     
    JLWBigLil, Sep 17, 2020
    #125
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  6. kektyke

    kektyke Well-Known Member

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    I trust your memory than mine lol, just seem to remember PD had taken out some dodgy loan which is why it took some time for PC to finalise the deal
     
    kektyke, Sep 17, 2020
    #126
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  7. JLWBigLil

    JLWBigLil Well-Known Member

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    That's how I remember it, too, mate.
     
    JLWBigLil, Sep 17, 2020
    #127
  8. troff

    troff Well-Known Member

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    I doubt he personally lost out, and the stadium (separate to the club remember) might have returned him a buck or two - but the amount of loans he had for the club mean it was impossible for him to have claimed a dividend, and I sincerely doubt he profited from the club whatsoever on its sale to PC. He was skint and needed to get out, old Peter Doyle Gas and Oil, hence the PC reign.

    Possibly got some money - but nowhere near the amount the Cryne’s have taken given they still retain 20% of the club and 50% of the stadium. PC put a lot of money in over the years, I haven’t forgot that - but every penny was returned in this sale, and they’re still getting (or owed) more, whilst still owning quite a bit.
     
    troff, Sep 17, 2020
    #128
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  9. Stephen Dawson

    Stephen Dawson Well-Known Member

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    I thought we exited admin just before the 2-0 win at Chesterfield. Peter Ridsdale was in the stands.
     
    Stephen Dawson, Sep 17, 2020
    #129
  10. Marlon

    Marlon Well-Known Member

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    I’m not sure who made money or not tbh but I was just responding to the line that only the Crynes had turned a profit.
     
    Marlon, Sep 17, 2020
    #130
  11. 1887 RED

    1887 RED Active Member

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    Didn't the Cryne's try to by the council's share of the ground, sure I've seen this somewhere.
     
    1887 RED, Sep 17, 2020
    #131
  12. JLWBigLil

    JLWBigLil Well-Known Member

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    No, that was a couple of days after Patrick and Peter Ridsdale had bought the club. The purchasing of the club isn't the same thing as exiting administration.
    On our way home from the Chesterfield match, England were playing away to Macedonia in the European Championship qualifiers and a certain Georgi Hristov opened the scoring in the game.:D
     
    JLWBigLil, Sep 17, 2020
    #132
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  13. Bak

    Baka Well-Known Member

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    You're right. I'd forgotten all about Doyle.
     
    Baka, Sep 17, 2020
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  14. Gordon Owen

    Gordon Owen Well-Known Member

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    But what did you have for tea?
     
    Gordon Owen, Sep 17, 2020
    #134
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  15. pon

    pontyender Well-Known Member

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    They fell out with the 20%er at OGC Nice as well. That was partly what the dodgy sounding €22 million Luxembourg loan was for which they took out, to pay Rivere some of what they owed him.
     
    pontyender, Sep 17, 2020
    #135
  16. JLWBigLil

    JLWBigLil Well-Known Member

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    Facetious bugger!:D
    Actually, wife wife had ordered an Indian takeaway (Lamb Tikka madras, chips, chapatis & poppadoms, before you ask!).:D
     
    JLWBigLil, Sep 17, 2020
    #136
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  17. dod

    dodgey defence Well-Known Member

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    Didn't it say that the covenant is over 100 yrs old and probably not enforceable? So does that mean that the third party interest goes back that far?
    Probably just means you can't fire a bow n arrow during the hours of darkness.
     
    dodgey defence, Sep 17, 2020
    #137
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  18. Lone Striker

    Lone Striker Well-Known Member

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    Damn. That’s my evening done for.
     
    Lone Striker, Sep 17, 2020
    #138
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  19. JLWBigLil

    JLWBigLil Well-Known Member

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    I'm the same, old mate. I may as well put my green tights back in the drawer.:D
     
    JLWBigLil, Sep 17, 2020
    #139
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  20. dod

    dodgey defence Well-Known Member

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    You're ok during daylight :D
    Might look a bugger on the bus to Grove St though :D
     
    dodgey defence, Sep 17, 2020
    #140
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