Fans Forum with Neerav on Friday evening

I would like to know the transfer policy, is it the same? Any adjustments?

What are the plans to improve matchday experience?

What’s the crack with Chien Lee exactly? Is he looking to sell?

 

I'd like to know the following.

What attracted him to be part of the initial consortium that acquired the club from Patrick Cryne?

Why did he choose to acquire Billy Beanes 10% stake when it came available and how was it agreed that he could solely acquire them instead of other shareholders?

What is his personal objective for holding a stake in BFC and what timescale does he expect to own this stake?

What does his role of Chairman entail?

Has he or other board members taken a salary from BFC?

How much involvement will the new board makeup have at the club?

How much autonomy does the CEO have?

What decisions made over the last 4.5 years would he have made differently with the benefit of hindsight?

In his e-mail to fans, he commented "and we pledge to put results on the pitch as the primary driver for everything we do at the Club". What actions are they going to take to do that?

What is the strategy of the football club for the next 3-5 years?

 

Excellent post .

 

Ask all this, great summary. On this point.

In his e-mail to fans, he commented "and we pledge to put results on the pitch as the primary driver for everything we do at the Club". What actions are they going to take to do that?

I would like to also ask was this not the case previously so what difference will the future actions have from previous policy.

 

I just want to know the state of play re. the court case.
And the story around the £750k.

If the court case has gone away, does that mean we can now develop / tidy the stadium? (notwithstanding the financial shortfall from relegation)

 

I think that is right,at the moment the club does not have the funds to sustain it through a season. As Chairman of the board,how, is the club going to fund itself? New income streams? Shareholder gifts or loans? New investment?
Whatever the type of business, it needs enough income to cover its outgoings. I'm not sure you can keep asking the customers of a business, to keep partially funding something they don't own or receive a benefit/dividend from. I don't believe the emotional arguments cut it anymore,in the 21st Century. The customers/supporters of Barnsley FC, have been treated appallingly, over the last 12 months.

 

Can we ask him about an extension to the £8 replica shirt discount that runs out the same time as early bird? It seems crazy the club expect people to either part with £40 for something they haven't seen or wait to see it later when it goes back to £48.

 

But if he's chairman then he surely speaks for the board. And the board would be happy for him to do so

 

The previous policy was there for all to see. Results, although important, were to be supposedly an extension of the sustainability and a gradual improvement year on year to reach a goal. Eventually the premiership.
Hence the age criteria and developing players to improve the bank ballance to reinvest in more up and coming talent that would replace those outgoing players to the same standard, those not on the radar so to speak.
With conway calling the shots last pre season. It failed miserably.
Hopefully they will see the folly of not investing in more mature players shall we say. And not waste money on loads of loan players, which have no value of return.
Which btw Conway didn't want loan players initially. although he must have changed tack. With the introduction of Solbaur experience wise. And Dike on loan.

 

When did Parekh / Crynes/ Quay say that , haven’t things moved on

 

He will represent the board yes but in reality he will still only be the voice of the board.
In theory he could gift the money to the club but even then the board would have to accept it and that decision would be taken by vote.

 

Is there not a press conference as well with all new parties present. Thought @Loko the Tyke mentioned something for the 27th or is Neerav just doing the fans forum

 

Seems that way. Be nice if the presser was early enough to be listened to by the fans before the QandA in the evening.

I wonder if the club will be streaming the initial presser? Be nice if they would.

 

But that's the thing Phil, I've not seen anything to suggest there is a press conference.

There was nothing mentioned in the initial club statement but it was in the supporters trust statement, so that information must have been given to them by the club.

Not seen any of the local journos mention anything either

 

I'm not sure many press conferences Jounos will talk about because normally they aren't for the public to know about until the information is out.

The person that mentioned it is a good source on here. Think he mentioned it was in the press release they got at the supporter's trust (might be wrong) which I presume would have been the media press release or maybe they have just spoken to someone like Andy, Andrew or Khaled

 

Haven't read the whole thread, apologies if this is a repeat.

When the club was purchased the bank balance was several millions in credit. The latest accounts show that to be all but gone. In addition there has been a loan from the football league which requires repaying.

Is the club in financial crisis? If so, how is that to be addressed? If not, how was it averted? Outgoings have been consistently higher than turnover, which will only be exacerbated by our relegation, resulting in a significant drop in turnover, while still carrying a very large squad of players.

 

All I want to hear is honesty, passion, positivity and a plan for promotion.

 

Can he confirm the correct allocation of shares between parties (Lee / Conway and Hung / Quay and Associates / Parekh / Crynes) as some of the numbers given in the recent Supporters Trust presentation are different from those currently in company documents in the Hong Kong Companies Registry?

How long has JA Quay been given nominee rights for, for her group of shareholders? Is it the same term as Conway had or a shorter or longer period?

Based on the BFC Investment Company shareholdings circulated to the Supporters Trust does he worry that his hold on the Board of BFC is precarious? The Articles of Association of BFC Investment Company separately distinguish between 'A' (80%) and 'B' (20%) shareholders. The Crynes are the sole 'B' shareholders and as such are perpetually allowed to nominate one director of BFCIC. Four directors are appointed by the 'A' shareholders on a simple majority vote basis across their 80%. Parekh and Quay's Group hold 41% whilst Lee and Conway/Hung hold 39% of the 'A' shares, so a change of just 1.1% of the 'A' shareholding could put Lee/Conway/Hung back in 'power'. What safeguards do the supporters have that this will never happen?

 

Just a few questions, which are all linked in with how if at all are they going to tempt me to renew before Tuesday,
Are Conway & Lee involved in any decision making ( I know it’s been said but I remain unconvinced), how soon before we get a coach, what will the transfer strategy be ? Where is the £750k ?, is the court case still ongoing, will there be any upkeep of Oakwell? How will catering be improved?