Statement from the Cryne Family on our Oakwell Future

Discussion in 'Bulletin Board' started by Loko the Tyke, Sep 16, 2020.

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  1. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Loko the Tyke, Sep 16, 2020
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  2. dreamboy3000

    dreamboy3000 Well-Known Member

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    Sounds like they are trying to buy the ground for less than previously agreed or want the Cryne family and BMBC to do some refurbs before the deal goes through. Playing hardball maybe making out the ground has got worse since the original deal was made and upkeep hasn't been kept up to the standard expected. Maybe...
     
    dreamboy3000, Sep 16, 2020
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  3. She

    Shepley Red Well-Known Member

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    So BMBC don't have any issues and the Cryne's don't have any issues. Are Conway and Lee looking to cut and run?
     
    Shepley Red, Sep 16, 2020
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  4. Redhelen

    Redhelen Well-Known Member

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    Actually that does sound feasible.
     
    Redhelen, Sep 16, 2020
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  5. dreamboy3000

    dreamboy3000 Well-Known Member

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    Say you were buying an house but didn't want to move in for another two years and you agree a price. But two years later the house has deteriorated because the current owner hasn't bothered to keep it to that standard as they know it's getting sold.
     
    dreamboy3000, Sep 16, 2020
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  6. Redhelen

    Redhelen Well-Known Member

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    Except you couldn't do that with a house.
     
    Redhelen, Sep 16, 2020
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  7. Ged

    Geddiswasguud Well-Known Member

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    It would be appropriate for our owners to now make a statement, then we have all three parties.
    Only a pure guess but if two parties have stated they want to sell or have no objection, maybe the other party want to pay less? Something isnt right because the cynes are trying to get their missing monies and going through the courts to do just that.
     
    Geddiswasguud, Sep 16, 2020
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  8. Tyk

    Tyketical Masterstroke Well-Known Member

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    Sorry, but on what grounds is Jean Cryne able to attend games but BFC season ticket holders are not?
     
    Tyketical Masterstroke, Sep 16, 2020
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  9. Stephen Dawson

    Stephen Dawson Well-Known Member

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    Seems to me Chien and Co think letting this go through the courts will get rid of the Cryne's and the Council more cheaply than paying what is owed.
     
    Stephen Dawson, Sep 16, 2020
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  10. Jimmy viz

    Jimmy viz Well-Known Member

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    not a valid comparison though is it. Particular as our lease says that we are responsible for maintenance and the council have had no contact at all regarding the purchase so are not in negotiations anout cost / depreciation etc.
     
    Jimmy viz, Sep 16, 2020
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  11. Jimmy viz

    Jimmy viz Well-Known Member

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    The Council have confirmed there has been no discussion or negotiations of any kind.
     
    Jimmy viz, Sep 16, 2020
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  12. MonkeyRed

    MonkeyRed Well-Known Member

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    From all the information that's in the public domain, I think it's reasonable to make a de facto conclusion that the 80% consortium are holding out to pay less than they'd agreed to the Crynes, using some loopholes and technicalities in an effort to procure the ground at a cut price.

    It requires them to release a statement to the contrary and speak up as others have, otherwise the above speculation is more than valid.

    If true and the threat to move us away from Oakwell is for their own financial gain, well that cannot be forgiven for me.
     
    MonkeyRed, Sep 16, 2020
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  13. ley

    leythtyke Well-Known Member

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    Doesn't the Cryne family hold shares in the club?
     
    leythtyke, Sep 16, 2020
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  14. Tyk

    Tyketical Masterstroke Well-Known Member

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    I thought the 20% shareholding belonged to James; but I could easily be wrong, I guess it’s quite feasible it’s under the family trust fund catch all.
     
    Tyketical Masterstroke, Sep 16, 2020
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  15. ley

    leythtyke Well-Known Member

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    But, after coming to that conclusion, the next question is why would they do that? Is it simply because they think they can, or is there something that the Crynes have or haven't done that opens up such loopholes?

    We might never know for sure.
     
    leythtyke, Sep 16, 2020
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  16. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Belongs to the Cryne family/company. That's why the statement tends to come from the Cryne Family rather than just James.

    I think we get an allocation for owners/board members and with some of ours being abroad that allows Jean and James to always go as club representatives (is my understanding)
     
    Loko the Tyke, Sep 16, 2020
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  17. MonkeyRed

    MonkeyRed Well-Known Member

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    The Crynes may have done something to jeopardise the original terms of the deal, yes. But the fact they are willing to bring the matter to the Courts would suggest they are confident that they have not acted in a way that should have led to this.

    In any case, using the club's position at it's home as a bargaining tool, to the detriment of the fans, is a needlessly aggressive tactic rather than them engaging in further dialogue.
     
    MonkeyRed, Sep 16, 2020
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  18. Marlon

    Marlon Well-Known Member

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    Seems that way but we’ll have to wait and see .
    If It’s true the owners are trying to pull a fast one I hope it sends a message to other clubs in Europe .The owners are putting together portfolios and buying clubs to sell on but things like this damage their reputation for clubs in the future imo which surely for their business model is very damaging .
     
    Marlon, Sep 16, 2020
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  19. Fre

    Freddiel Well-Known Member

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    Sounds like we’re none the wiser after this statement. This doesn’t really add to the previous statement does it? We know from before that the Cryne’s are still willing to sell their share.

    I can only continue to assume that there’s a condition in the sale of the ground that the investment company aren’t happy with. Will we ever actually find out for certain what that is? Obviously lots of rumours and speculation, but nothing has been confirmed.
     
    Last edited: Sep 16, 2020
    Freddiel, Sep 16, 2020
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  20. North Yorks Red

    North Yorks Red Well-Known Member

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    There have been, directors/owners scattered round every game so far in most grounds
     
    North Yorks Red, Sep 16, 2020
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