The Board Of Directors - Time To Go????

Thanks for that post Gally.
It summarises our current situation comprehensively and accurately.
Trust, expectation, perspective and patience is needed right now and we must give our new Owners the time to rebuild (again).
My worry is that their views about our town, club and our elitist "fans" might tarnish their ambition and plans for the future to the extent that they decide, ultimately, to pull out.
Unfortunately, some (many?) on here (and on other social media outlets) don't want to offer up the patience,perspective, etc.
If that doesn't change then it would be quite reasonable to assume that the owners will start asking themselves what the hell they are doing here.

 

Great post, BMW.
It makes such a change to see that there are still some people on here who can speak objectively and with a common sense attitude to where we're at currently.

 

We only have financial stability if the owners change the business plan or are happy subsidising the club for £5m a year.

The last three years up to May 23 show losses of over £15m.

 

Yeah, sack the board. And replace them with who???

 

Hugh Jackman has a (fake) feud with Ryan Reynolds. We should ask him to come on board and help us remain above Wrexham.

 

This!!, I love how folk differencetiate between this board and the last one .... Conway was JAQ her silent other half's boy , the last board and the current one will be forever interlinked......sithi.

 

. We were, and as far as I know Conway and Chien Lee are still shareholders.
. You have a theory as to why they are here, and you may be right. But you perhaps also need to consider that the original motivation, as misguided as it clearly was, related to the making of money.
. The problem they now face is that without pumping yet more money in, they are likely to lose the entirety of their investment to date.
. Hopefully you are correct in your belief that they have grown such an affection for the club that they will be willing to keep pumping funds in.
. Time, of course, will tell.

 

For what its worth I think the current board are much more invested in Barnsley as a community/historic club than Conway's board. They have pumped money in which they really didn't have to do which I'm happy about. I genuinely believe Conway was here to make money by trading assets and speculating with the hope of big wins in the premier league. I'm sure some will disagree. The constant sales and scattergun punts were typical of that, noticeably when the entire spine of the team went when Stendel took us up. It was, to me, short team capitalisation of assets with a hope that that could be replicated. It didn't work for them or the fans. It's created longer-term problems which the current board are trying to address.
However, the current board are still making awful mistakes, have shown incompetence, and do not appear, still, to have a plan which is not about short term expediency. They still sell too many players, still gamble on scattergun and still go for hopeful guessy managerial punts. They get loads wrong and they're rightly criticised.
However, although I am personally completely demoralised I dont think the current board deserve 'You should go' comments. They have shown enough to me for me to conclude they are invested in the club. They have put funds in. If by some chance they actually start learning from their mistakes and start building our squad rather than dismantling it they might turn out to be a good thing. At the moment they've shown themselves to be awful and have pushed fans away (like me) but their intent I think is good and they're not corrupt. Stick with them, painful though it is at the moment. What's the alternative in any case?

 

Would certainly be interesting if they issued a statement saying they’re walking away. Writing off any money they are due from the business, paying the staff wages to the end of the month and ceasing to be directors, lights off key through the letterbox, head for the beach,

Squeaky bum time then lads and lasses?

 

Let's be real, they are not actively looking for new owners or investors, that would mean that Cryne would have to stop playing real life football manager with his inheritance.

 

Few points I'd like to raise.

* Expectation levels of the fans, the club, players, owners, tea lady, whoever is, always should be to be in the championship, start changing these expectations and we'll be looking over our shoulder at L2 before long.

* Last summer there were free transfers to be had that financially stacked up to give us the best chance of winning promotion, whilst there's no gaurantees we decided to inflate costs with players unlikely to feature.
Max Watters transfer fee and wages over contract term will be equivalent to 10.5k per week.

* Can we not employ a head coach who is given full autonomy on how he chooses to set the team up? We're becoming less attractive to a better calibre coach as we are limiting their influences, the head coach should then work with DOF identifying positions he feels needs strengthening.
Working within a budget shouldn't mean that a DOF or the Club decide that we are sticking to a game model and coaching ideology.
This season has shown how woefully short of options and the ability to change/adapt the starting 11 as we've put all our recruitment faith into 1 system.

*what's the plan with the stadium in making it fit for purpose and close to capacity, this I would imagine fall to the council, we are missing revenue opportunities from unsaleable seats.

*Balance the squad with some older pro's the ability to coach on the job with younger players playing with them is invaluable.
I don't want a squad of older players but 2 or 3 "been there done it" in this league could be pivitol.

I'm not advocating them to go or condoning the abuse they receive, but surely they need to tweak the model, trim the squad, quality over quantity and appoint a solid head coach on a decent contract who's given autonomy and let's stop pretending to be a Red Bull operated club.

 

It is indeed Gally,

 

Exactly.

Its not just the fact that they've invested funds, but they could have done so via loans and saddled the club with long-term debt. They chose the equity route.

If anyone wants to insist that these owners depart then let's hear how the finance gap will be plugged when they do, and why anyone would choose to do it. The only logic for Neerav/JAQ doing so is that they're protecting an initial investment and see a way forward which makes it worth doing so.

 

There are lots of Clubs within the EFL that operate with a recruitment team, I'm not doubting this isn't the way to go, these clubs also have head coach titles, but they still give autonomy on playing styles and systems to the head coach, this gives the head coach the opportunity to showcase, use his knowledge, skill and experience to beat his opponent.
Some of these clubs have a smaller budget than Barnsley fC but successfully operate with as mentioned with a recruitment team and manager/head coach controlling 1st team affairs.
A budget is a budget regardless.

 

If you are saying we were never part of a group that had an interest in a number of other clubs, then that is news to me. But I bow to your superior knowledge. As to your absolute confidence in the commitment of the owners to the future of our club, then I can only say that I absolutely hope you are right. The fact that our council owns most, if not all, of its tangible assets, is another comfort I guess.