Barnsley FC Supporters’ Trust x Red All Over - Watch Here

Yeah,I get that and, as I say, I definitely want shut of them they're poisoning the club but neither the 750k or not having paid for the club yet is money in their pockets. I don't know what their motive is but in none of their acquisitions since Nice do they seem to have made any money of any significance for themselves.
I finf that worrying in itself. At least for them to take money out we'd have to be successful enough to generate it in the first place.

 

It would be really beneficial to know but given the limitations of disclosure in accounts of directors remuneration, the only way we'd find out is trough voluntary means on behalf of the club/directors.

Our directors remuneration has increased significantly from when they took over and last year was circa £400k with the top paid director earning circa £200k. James Cryne suggested he wasn't taking a salary or charging rent for Oakwell in the key pandemic times.

I'd very much like to know how the other £200k was distributed.

 

This is what I don’t get. Every club they acquire seems to crumble, can’t see how they’re making any money at all.
Instead of investing to improve their clubs to make them a success they just go out and buy others.
Completely bizarre to me….

 

Is what you posted. So the discussion isn't about the points in question, you turn it around seemingly to try and delegitimise the poster and undermine their opinion. You do it repeatedly, and no, I'm not going to trawl through all your past posts to demonstrate that, you can do that if you so wish.

Maybe you don't realise you're doing it. But it's not good.

I've said multiple times, if you can be civil and debate the points without aiming at the poster, I'll happily debate. But we must be on the 6th or 7th time where I've had to call you out on this. And frankly, there's just too few hours in the day and far more important things in life. Let's just revert to giving each other a wide berth. I think that's the best for everyone. You, me and most importantly, the BBS community.

 

On the one hand the directors' payments they're taking out are a pittance given they're supposed to be billionaires.
On the other maybe they have very little money but a smoke and mirrors scheme that gets them past proof of funds requirements and then allows them to take Directors' salaries x seven clubs.
One thing's for sure they're not in it for love of the game because they're never here or, I imagine at any of their other clubs. Given, therefore, the modest salaries they take out are actually big in real terms because they're not rich or they have motives that aren't money driven.
I'd happily welcome one of them coming out and explaining why I'm wrong.

 

Given you can't be civil with me and always have to make things about the poster, your follow up wasn't even read. But it's unfair of me to ask something of you which you can't do.

Enjoy your day too. Wide berth reinstated.

 

Though I'm not going to go down the route of their lack of finances and notional billionaire status again, you could certainly see a potential route of nominal investments using other peoples invested money to get a directorship and take out nominal amounts. If they can get say £20k a year from each of their (say) 10 clubs and have them cover most of your travel costs and expenses without having to do a great deal, thats better than a kick in the pants.

 

The directors listed on page 2 of the 2021 Accounts are R Zuk, PM Conway, JP Cryne, Ms WKG Hung, C Lee, DK Lee, NA Parekh, and K El Ahmad. The Accounts for the year before listed D Murphy instead of K El Ahmad. My guess is that the directors paid fees were R Zuk, PM Conway and D Murphy.

 

I'm past there being a next time and I'll go back to skipping your posts. There's just no point knowing what avenue you'll pursue, whether that's immediately on eventually.

 

It could be. It could be all of them. And hence why I'm very keen for transparency. We have had the constant suggestions from Conway that they've never taken a penny (though obviously, those claims are now dead in the water). If Conway (or whoever) is acting up as CEO in the interim, I've no issue with that (as long as its at market rate), but our director fees are well above the levels before they came along (though I do accept Zuk being made a director has added to historic levels) but it would certainly be helpful to know just what we're paying out given our circumstances.

 

I have addressed subject of the elephant in the room in previous posts, but I want to do so again because those who analyse the reasons for our failure last season continually ignore it. Most posters will base their judgement of the success or failure of the club solely upon performances on the field and league placing. That is fine. I do not expect that the knowledge of Finance and Accounts to be widespread. However, those running the club have to face up to the pressures that finance (or specifically the lack of it) place upon their decision-making processes. The example is an easy one to find. In the previous season, the club finished 5th, a league placing that has rarely been bettered. However, the club lost £4.5m, a loss that I do not think has ever been exceeded. Many put that down to COVID and the absence of fans from the ground, but the club made a claim on its business interruption insurance policy that limited the those losses. The loss of £4.5m was incurred mostly through overspending, particularly on wages. That overspend had to be brought under control, because the cash had virtually run out.

Sadly, the Accounts covering this season are about 10 months away from publication via Companies House. However, the club Management Accounts will be available internally, and in view of the financial circumstances, those accounts will be imposing financially based limitations on internal decision-making. Those outside the club, the fans, are making assessments of the performance of the club's management without access to the full facts. They therefore ignore any consideration of finance, or the potential implications of the lack of finance. As I say, it is the Elephant in the room. As for your statement that, "we then made a mess of things in a way only Barnsley Football Club could". You have not looked at the money wasted on players in other Championship clubs, at the money wasted by owners who thought that they could buy their way to the Premier League. If you need a good example, all you need to do is look down the road at Sheffield Wednesday. Chansiri has invested well over £150m and the club will be playing in League 1 again next season.

 

1. I rarely take any notice of rumours.

 

The transfers on paper weren't bad Loko. You keep beating him with this but on paper, they weren't bad at all. Oulare was a good signing according to an actual agent the club have contacts with. Leya Iseka on paper and in videos you watch is a good player.

Also to blame everything on a non-football person is not great. Why aren't people in the club ownership and staff stronger with him if you are true.

The summer left Barnsley with the most rounded squad on paper in many a year. DM and LB ticked which was needed from the year before.

Where they over the season before the players, why didn't they ever get fit and put the work permit players on a training routine to get them fit? Could they have fixed the losing mentality in the Autumn wintertime with one to one mental help?

Plus a lot more.

 

The agent didn't need to share it if he didn't think it was true.

James Cryne isn't an employee. He's a shareholder in the club and part of the recruitment team. If he felt that wrongdoing was been done then he's got the authority to call a director's meeting to complain about Mr Conway.

The last point. I'm saying the squad on PAPER was strong and more rounded. We added much-needed DM (Gomes and LB Vita.) Bit of pace and someone different in Oulare.
Also, we had a Left-footed CB fit in Kitching.

 

I think he's saying the squad is brilliant, best we've ever had, and the owners are fantastic, but we were relegated due to Beth and Whitey.