New Board of Directors at Oakwell: BFCST Response

Discussion in 'Bulletin Board' started by Loko the Tyke, May 12, 2022.

  1. Dan

    DannyWilsonLovechild Well-Known Member

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    I'd be very surprised if that was going ahead now, but hopefully we get more clarity.
     
  2. Hig

    Higgy Well-Known Member

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    They have a different ownership model Marc. Them who were in for Wigan at one point included in that.
     
  3. Marc

    Marc Administrator Staff Member Admin

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    How do you mean?
     
  4. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    It does on our update.
     
  5. Hig

    Higgy Well-Known Member

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    Chien Lee
    Pacific Media Group (Paul Conway, Grace Hung)
    Partners Path Capital
    Krishen Sud

    They are all involved in the others apart from Barnsley
     
  6. Marc

    Marc Administrator Staff Member Admin

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    Sorry mate, I don’t get your point. All I was saying really was there are other clubs massively unhappy with the PMG/NCC association. Seeing our news today will probably/hopefully give them hope.
     
  7. Tarntyke

    Tarntyke Well-Known Member

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    I Hope he’s not a part of thy record collection Bill, or thas gone darn in my estimation:D. I’m going to the AGM are you?
     
  8. kektyke

    kektyke Well-Known Member

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    I know it's says it on the supporters trust statement, but that information isn't on the official club statement. Which is why I was asking where had it come from
     
  9. Tarntyke

    Tarntyke Well-Known Member

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    As Loco said, maybe more will come to light at the May 27th meeting?
     
  10. Bri

    Brian Mahoneys Waist Well-Known Member

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    Nowt wrong wi a bit of Take That.
     
  11. wak

    wakeyred Well-Known Member

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    As far as I’m concerned the only one I’ve seen any evidence of having actual money is Neerav, and he’s staying which hopefully is good news, not that I’m expecting a sudden Newcastle type situation to develop.
     
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  12. lk3

    lk311 Well-Known Member

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    Is it not still the same owners though?
     
  13. Bri

    Brian Mahoneys Waist Well-Known Member

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    I've not signed up yet.I was a member a few years ago when the meetings were at Ardley House.I might do.
     
  14. Tarntyke

    Tarntyke Well-Known Member

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    Even a bit is too much for me mate, Each to their own though:eek:
     
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  15. Deafening Silence

    Deafening Silence Well-Known Member

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    I suppose it’s like living in the same country, but with a different government
     
  16. Tarntyke

    Tarntyke Well-Known Member

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    I’ve just applied through the link Loco put in his post, going to have a beer or 2 I think
     
  17. Bri

    Brian Mahoneys Waist Well-Known Member

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    You'll be wanting to "Rule the World "next.
     
  18. Durkar Red

    Durkar Red Well-Known Member

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    Can we assume the court case is settled possibly with owed money to Crynes converted to shares in the club , increasing Crynes stake , just speculation on my part but they put this Anne Quay in to oversee Chien/Conway/Chung investment ( who is this Lee person mentioned ) which could suggests they are now minority share holders
     
  19. Dan

    DannyWilsonLovechild Well-Known Member

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    It would seem that Conway and Lee both still have shares (though what level we don't know) in the HK investment vehicle, and as such still own a share of the club.

    They have been removed as Directors and the investors appointed their representative. Frankly, until we know the exact make up of those investors and who holds the balance of power, there should be still be caution shown.

    The worst case scenario is that Lee and Conway have shuffled the pack to reduce their visibility knowing its hugely damaging to the overall investment. The more ideal and perhaps more likely scenario is that the Crynes and Parekh have orchestrated a non violent putsch to remove ConLee from decision making and collectively, a strategy more akin to benefitting the team and fans is followed. But and it's a big but, the HK vehicle still owns the club and is made up of a group of investors we don't fully know. The intent of investing is to make profit. Though it's undoubtedly a good day that the devils we know seem further removed, their may be devils we don't know coming more into view.
     
    Last edited: May 12, 2022
  20. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    This isn't a scenario. This hasn't happened.
     

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