Conway Out Facebook Group

Discussion in 'Bulletin Board' started by S74 Red, Apr 4, 2022.

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  1. red

    redrum Well-Known Member

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    Whatever they say i take with a pinch of salt mr lee told sky sports before the swansea play off semi that whatever happens this time next year the club would be in a better position...
    I think from the off conway has alway said if they are not wanted/welcome they would leave. Althought i dont think he meant walk away and lose money.
     
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  2. Dan

    DannyWilsonLovechild Well-Known Member

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    I don't believe a word they say either. But they did say it. We'll just have to see how it pans out. They can't buy another club in England while they own us. It will be interesting to see if their desire for a "bigger club" outweighs their want to make a profit on our disposal.
     
  3. red

    redrum Well-Known Member

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    Yeah i know it doesnt shock me as they have maintained this stance throughout. I just hope they leave sooner rather than later as they appear clueless how to run a football club, contradict things they say all the time and just dont seem to be here for the clubs best intrests. Its the most worrying time for the club since administration imo, relegation looming, hoardes of fans losing interest, season ticket holders not even turning up to games so doubt they will be renewing. As bad as ive known it.
    If they go theres a good chance ill renew but i wont be giving my hard earned money to the current lot conway and lee.
     
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  4. Dan

    DannyWilsonLovechild Well-Known Member

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    We've certainly had times where fans haven't turned up, but you're right, I can't remember a time when maybe half the number of paid up season ticket holders regularly failed to take their seats for a game.
     
  5. red

    redrum Well-Known Member

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    Yeah its sad to see the impovement of matchday experience they were focused on at the start seems like a joke now.
     
  6. Durkar Red

    Durkar Red Well-Known Member

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    If the article was the one from Chien posted on Facebook I think it an an attempt at an April fools joke
     
  7. Jay

    Jay Well-Known Member

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    And if you attempted to start a takeover of a business with a multimillion pound turnover under that moniker then I'd give as much credence to the legitimacy of that venture as I did to this one. Particularly if you claimed you were like reight experienced in business and that and everything was going to be brilliant.

    Gally claimed it was a hoax. I think it was a scam. The next few messages were going to be: for 50 quid you can help fund this takeover and own your own shares.
     
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  8. Hooky feller

    Hooky feller Well-Known Member

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    Parekh, Cryne and a few local bigwigs buyout would do me fine.
     
    Last edited: Apr 5, 2022
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  9. Redhelen

    Redhelen Well-Known Member

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    Has to pacify them, the French know how to stage a protest!
     
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  10. Redarmy87

    Redarmy87 Well-Known Member

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    They can't want what's best for the club if they've chosen division (of fans) over unity. Let's not sugar coat it, they had their priorities all wrong.
     
  11. Arc

    Archerfield Well-Known Member

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    Whereas the BBS is in total unity.
     
  12. Durkar Red

    Durkar Red Well-Known Member

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    This claim that PMG have stated that Nancy is their priority and that they are spending 50m euros on them , has anyone a credible link to these comments
     
  13. Deafening Silence

    Deafening Silence Well-Known Member

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    I looked for it yesterday and couldn't see it, but definitely read it last week when the Kaiserslautern news broke.
     
  14. Bossman

    Bossman Well-Known Member

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    I could be wrong but I think it appeared on Tykes talk (or whatever it’s called) Facebook page but it was an April fools joke.
     
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  15. Durkar Red

    Durkar Red Well-Known Member

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    There was a post on a couple of Facebook groups from the same poster who was asked to authenticate the article as it was April 1st and they haven’t yet
     
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  16. Bossman

    Bossman Well-Known Member

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    I remember seeing it myself mate, I was just going on the replies and laughing face emoji’s and just assumed it was a April 1st windup.
     
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  17. ley

    leythtyke Well-Known Member

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    Me too, but are the local bigwigs there? And do they, Parekh and Cryne have the money and will to buy the club?

    All I’m seeing is the odd insinuation on here that there is. I’m not holding my breath to be honest.
     
  18. Redarmy87

    Redarmy87 Well-Known Member

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    Exactly, if the BBS started a Conway out group we would probably have the same squabbling. I'm not sure we'd be quite so exclusive or mean to another fan group though..
     
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  19. Arc

    Archerfield Well-Known Member

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    I do think that there is a reasonable case for Conway and Chen to have justification on why they need to change the direction of their strategy and that would include moving on from Barnsley.

    First of all the level of players that they trade in makes BFC an outlier as they will struggle to move players between clubs as a result of Brexit. Another point is the fact Conway is now on record stating that he is looking on taking a minority stake using the $75m he has raised through his counter press vehicle in one of the big five leagues. With the current rules in place that would rule out England whilst they have ownership of BFC. Finally it really has not been the success they hoped for, over four years expected trading losses of £12m and the need for more capital will mean that they face the spectre of further debt/equity injection whilst they still have a further £2.75m outstanding on the purchase of the club.

    While they are trying to raise capital a failure on their record will make that much harder. At the moment it's easier to dress this position up as a result of circumstance, Brexit and COVID, as opposed to poor management.

    As with all deals the stumbling block is going to be price. Any purchaser coming in now will need to have significant capital available post transaction to meet the running costs of the club if the sale of key players doesn't raise the revenue required to service the debt and provide the cushion against significant losses in the next year.

    I'm guessing that in line with our transfer dealings, when the sale is finally made it will be undisclosed but without Conway keeping an interest in the future of the club.
     
  20. Red

    RedVesp Guest

    Any update on this comment?
     
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