Who would buy BFC.....

Discussion in 'Bulletin Board' started by arpete, Jan 11, 2022.

  1. arp

    arpete Well-Known Member

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    I am not keen on the business model of our present owners who now have interests in several European clubs (none of which are presently experiencing success to any degree.) But should they decide to sell up and move on who would want to invest in Barnsley F C. Patrick Cryne who himself was a fan and rescued us when in administration wished to sell the club sometime before our present consortium of owners took us over but struggled to get interested parties. So should the present owners sell their 80% I think we would struggle to get new owners willing to put money into the club. Looks like we are stuck with the present owners for the foreseeable future. Not happy about it but there we are.
     
  2. Jay

    Jay Well-Known Member

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    I would if you lent me the brass.
     
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  3. Austiniho

    Austiniho Well-Known Member

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    I think that’s the problem Jay… we all would if we had the brass. If we could get 1000 supporters to Chuck in £1000 per month… we might survive. But I’m not sure we’d be able to turn down offers for better players.

    I feel that if these owners pull out… it could be the end for BFC.
     
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  4. Jack Tatty

    Jack Tatty Well-Known Member

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    How to become a millionaire.








    Start off as a billionaire and then buy a football.
     
  5. Red

    RedVesp Guest

    May as well chuck a grand in the Fleets every month.
     
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  6. orsenkaht

    orsenkaht Well-Known Member

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    Told to me by a well-known former club employee:

    We used to know who all the better-off supporters were - it made good business sense to look after them. We had never heard of Patrick Cryne before he became involved.
     
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  7. Redhelen

    Redhelen Well-Known Member

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    Have they tried to sell? Wigan, Derby, Bolton have all had interesting from more than one party. Tbh i haven't heard of any championship team that hasnt.
     
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  8. Arc

    Archerfield Well-Known Member

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    The only stumbling block will be price. These guys will not want to own a business if they are losing cash. They have a business model which involves a modest investment to buy the equity of the club and then run on zero investment.

    If their attempt to buy and sell players and churn a profit does not work they aren’t going to carry on subsidising the ongoing operations this has two main possible outcomes;

    1 They look to sell before any further investment is required
    2 The costs are stripped out where they can, player sales are made and they use the cash to subsidise the running of the club hoping to drop on the next John Stones. In this scenario on field success is very much secondary to financial survival with zero investment.

    Under scenario 2 money from fans is absolutely crucial as the central distributions reduce.
     
  9. onemickybutler

    onemickybutler Well-Known Member

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    I think with those clubs the ground would be included in any sale. With us it's just the football club, the only assets are the players and lets face it, in a few months time they won't add up to very much.
     
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  10. Terry Nutkins

    Terry Nutkins Well-Known Member

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    [
    That’s an expensive football. Is it the one from the 66 World Cup final?

    Even then I wouldn’t have thought it would be worth more than say 250k-500k max.

    So you’d have to be just above the Billion mark to start with so you’d end up on about 999,751,000.

    In a week or so you’d be back to billionaire in interest.
     
    Last edited: Jan 12, 2022
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  11. Jay

    Jay Well-Known Member

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    Are you suggesting each of the thousand supporters all chuck in a grand every month, which is a million pounds BTW, or a quid each? Either way, the current board don't finance the club so why would a supporter led ownership have to?
     
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  12. Red

    Red Rain Well-Known Member

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    Just to continue with the theme that Archerfield has begun...

    If you buy a football club in the Championship, you are buying a loss maker. You are buying a loss maker, because every other football club in the Championship loses money and that sets the ground rules for competition in the division. Before player trading, Barnsley FC loses £2m per season. The current plan is to make good on those losses by selling players. To do that, you must buy young (or produce young players through the academy at a cost of £1m per season), improve them and sell them on, whilst at the same time producing results that produce enough points to maintain a place in the Championship. It is a tough ask, because as I say, most other Championship teams have a different plan. Their plan is to invest heavily season after season in the hope that if you do it for long enough, you will be rewarded with a place in the Premier League before you run out of money and the club goes bust. The clever strategy for investment in the Championship would involve having a plan that sees the club keep its place in the Championship, but which does not cost the earth, or put the clubs future at risk.

    I would like to hear of a plan that does that before I invest.
     
  13. Stephen Dawson

    Stephen Dawson Well-Known Member

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    You only have look at some of the names on the books of the clubs in League 1 to see how difficult it is becoming just running a club. Wycombe have Mcreary and Vokes. They won't be on peanuts. Nor will Bannan at Sheff Wed or Gooch and Mcgeedy at Sunderland.
     
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  14. ley

    leythtyke Well-Known Member

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    They only had interest after going into administration though.Not a route we want to go down.
     
  15. Stephen Dawson

    Stephen Dawson Well-Known Member

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    I think if the club was one package. It would go along way to securing the investment needed to compete. I don't care if the owners that eventually secure this make a few bob from housing or retail.
     
  16. red

    red24/7 Well-Known Member

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    Thank you for this ,explains the situation in simple layman terms
     
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  17. Red

    RedVesp Guest

    I'd say most of our players are on L1 wages, some are probably on L2 wages.

    Maintaining championship status is becoming nigh unsustainable for clubs like us, especially under our current owners.
     
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  18. Tur

    Turbotyke Active Member

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    Good Morning Arpete, I am a former shareholder of the old Barnsley FC. PC did not rescue us in administration, the fact is Peter Doyle had the successful bid, Two local businessmen and season ticketholders Peter Jones and Alan Sherrif formed a consortium and approached PC to back them financially which he agreed to but his bid was below other bids and he was informed of this but did not increase it. I was at the unofficial meeeting of shareholders in the old library arranged by PC after administration and he said that he would be the last owner by choice. He also said he did not know much about football but enjoyed watching it from the sidelines.
    Peter Jones told me that he wanted to make the club a supporter owned club based on how Yorkshire CC is owned, i.e. you buy a season ticket and you automatically have one vote in the running of the club. Unfortunately after Peter Doyle became owner of the club the consortium split up and PC only became involved again when approached by Barry Taylor who introduced him to Peter Risdale. Peter Jones died a few years ago and Alan Sherrif is now in his eighties.
    A local scrap company used to buy the scrap from my employers and I met the owner and he proudly showed me the photos of his son when he was a mascot and that they shared a box with CK Beckett. I did not see him for a while and then the next time I saw him he said that he, Kevin Beckett " and the lad that owns Bapps fo Bolts" had had talk with PC but " next thing we knew he had sold to the American and Chinese"
    I saw the scrap firm owner last summer and he is winding things down but he is of the opinion that Palmer construction, Bapp for Bolts and one other sponsor could be still interested in running the club but would not be able to fund signing players.
    Personally I think that if push came to shove a number of long term sponsors would be interested but the battle between the Crynes and the 80%ers needs to be concluded; hopefully in the Crynes favour.
     
  19. Stephen Dawson

    Stephen Dawson Well-Known Member

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    It's like buying a Star Wars Millennium Falcon without the figures. The club needs people who can take it forward. The fanbase that are happy with their lot will die out soon. There will be little left after that the way it's heading.
     
  20. Gally

    Gally Administrator Staff Member Admin

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    He told me a story about going to the club to try and sponsor the shirt before any of the admin etc happened. He got fobbed off and it wasn't until later the club realised he had any brass.
     
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