[Official Site] CLUB STATEMENT: NEW BOARD OF DIRECTORS

Discussion in 'Bulletin Board' started by Newsbot, May 12, 2022.

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  1. Newsbot

    Newsbot Well-Known Member

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    CLUB STATEMENT: NEW BOARD OF DIRECTORS
    Club News

    The Barnsley Football Club Limited (Club) today announced a reconstitution of the Club’s board of directors, following changes in ownership at its parent company, BFC Investment Company Limited (BFC).

    Continue reading on the official site...
     
    Newsbot, May 12, 2022
    #1
    Least said soonest mended and ronnieGlavinsB@stardSon like this.
  2. Skryptic

    Skryptic Well-Known Member

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    Wow. The Parekhs were meant to be properly loaded. Amazed how everything has been resolved so quickly though.
     
    Skryptic, May 12, 2022
    #2
  3. Dan

    DannyWilsonLovechild Well-Known Member

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    So who actually owns us?
     
    DannyWilsonLovechild, May 12, 2022
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  4. exiled

    exiled Well-Known Member

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    Well I'll go tut foot o are stairs
     
    exiled, May 12, 2022
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  5. SamBfC90

    SamBfC90 Well-Known Member

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    We have our club back!
     
    SamBfC90, May 12, 2022
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  6. JLWBigLil

    JLWBigLil Well-Known Member

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    Pah! Ben told us this ages ago!
    :D:D
     
    JLWBigLil, May 12, 2022
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  7. Pon

    Pontered Well-Known Member

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    This is why we’ve had the radio silence from the club. It all makes sense now.
    Could be an interesting summer!
     
    Pontered, May 12, 2022
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  8. nezbfc

    nezbfc Well-Known Member

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    Just because they are no longer on the board......

    Are they still part owners?
     
    nezbfc, May 12, 2022
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  9. Marc

    Marc Administrator Staff Member Admin

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    This is phenomenally incredible news. Absolutely fkn outstanding.
     
    Marc, May 12, 2022
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  10. Barnsley Chopin

    Barnsley Chopin Well-Known Member

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    No mention of flatbreads - boooooo!
     
    Barnsley Chopin, May 12, 2022
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  11. man

    mansfield_red Well-Known Member

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    Sithi Paul.
     
    mansfield_red, May 12, 2022
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  12. Tob

    Tobys Knackers Well-Known Member

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    Does changes in ownership = (a) they've gone or mean (b) they are still owners individually as shareholders but stepped back from day to day running?

    Obviously either is good news, would just prefer that it was (a).
     
    Tobys Knackers, May 12, 2022
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  13. Che

    Chef Tyke Well-Known Member

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    No change in ownership , just director make up. Promising though
     
    Chef Tyke, May 12, 2022
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  14. Sca

    Scawsby Red Well-Known Member

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    The changes brought about Brexit were the start of the end for PMG. This is hopefully the start of a return to the club as part of the town, the community and the fans.
     
    Scawsby Red, May 12, 2022
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  15. exiled

    exiled Well-Known Member

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    exiled, May 12, 2022
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  16. Dan

    DannyWilsonLovechild Well-Known Member

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    There's more detail to come here.

    Who are the investors? It reads as if PMG had a period of managing the club on behalf of the investors. As I'd suggested numerous times, I was always wary about whether these people actually owned us. It would seem they didn't. And I guess given the lash they've made of things, the investors have taken control of the investment vehicle, ousted Conway et al and are now directly involved in the clubs management.

    The questions remain.... who actually owns BFC through the HK investment vehicle?

    Seemingly a positive step, but much to try and unravel still.
     
    DannyWilsonLovechild, May 12, 2022
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  17. tyk

    tyke69 Well-Known Member

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    Think it’s a major factor that they are off the board let’s see what transpires
     
    tyke69, May 12, 2022
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  18. Marc

    Marc Administrator Staff Member Admin

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    My take on this is they are still shareholders but are off the board, i.e. they have no decision making capacity…and without that, is there any point in them retaining a stake in the Club?

    Hopefully this begins the process of them selling their shares. But either way, they have fk all control in how the Club runs. That’ll do for me
     
    Marc, May 12, 2022
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  19. Jack Tatty

    Jack Tatty Well-Known Member

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    Step forward Martin Nettleton.
     
    Jack Tatty, May 12, 2022
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  20. granty the red

    granty the red Well-Known Member

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    Great news! Just renewed!!
     
    granty the red, May 12, 2022
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