[Official Site] CLUB STATEMENT

Discussion in 'Bulletin Board' started by Newsbot, Oct 3, 2022.

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  1. Newsbot

    Newsbot Well-Known Member

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    Newsbot, Oct 3, 2022
    #1
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  2. troff

    troff Well-Known Member

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    Oooh…
     
    troff, Oct 3, 2022
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  3. Tob

    Tobys Knackers Well-Known Member

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    Great news ... Hopefully!
     
    Tobys Knackers, Oct 3, 2022
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  4. Oakweller

    Oakweller Well-Known Member

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    So the Crynes are paid in full what they are owed from the sale of their shares and the legal case the Crynes had started against the newer owners has been dropped. Harmony in the board room.

    I imagine Lee and Conway arnt too pleased with that outcome :)
     
    Oakweller, Oct 3, 2022
    #4
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  5. Durkar Red

    Durkar Red Well-Known Member

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    Good news , maybe Crynes/Council will use the money to improve the stadium
     
    Durkar Red, Oct 3, 2022
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  6. Stephen Dawson

    Stephen Dawson Well-Known Member

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    One would assume from that statement that the ground issue has been sorted too.
     
    Stephen Dawson, Oct 3, 2022
    #6
  7. Gally

    Gally Administrator Staff Member Admin

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    Not sure the Crynes will be happy if the council start spending their money :)
     
    Gally, Oct 3, 2022
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  8. Prince of Risborough

    Prince of Risborough Well-Known Member

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    More good news in this already exciting season
     
    Prince of Risborough, Oct 3, 2022
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  9. Gally

    Gally Administrator Staff Member Admin

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    I think that the ground issue was that the consortium didn't think they could get clear title on the ground if they purchased it. I guess the argument was that the orinigal agreement factored the ground sale option into the club's price.
     
    Gally, Oct 3, 2022
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  10. Winker

    Winker Well-Known Member

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    Winker, Oct 3, 2022
    #10
  11. Tyk

    Tyketical Masterstroke Well-Known Member

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    20220908_085317.jpg
     
    Tyketical Masterstroke, Oct 3, 2022
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  12. Tyk

    Tyketical Masterstroke Well-Known Member

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    Ten bob a month for the next million years?
     
    Tyketical Masterstroke, Oct 3, 2022
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  13. dreamboy3000

    dreamboy3000 Well-Known Member

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    Conman is going to have to find another club to add to his pyramid/ponzi scheme to pay the Cryne family from. I can't help but think though the timing is to take the spotlight off U Turn Liz :D
     
    dreamboy3000, Oct 3, 2022
    #13
  14. Old Goat

    Old Goat Well-Known Member

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    What, if anything, does this mean for the £750k that was paid (incorrectly, in the opinion of many supporters) to the Cryne family from the club's accounts? Has that been consigned to history?
     
    Old Goat, Oct 3, 2022
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  15. Kettlewell

    Kettlewell Well-Known Member

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    I don't see what's changed/improved,other than an agreement to pay what was originally agreed at point of sale and the repayment schedule starts next year. Still the same owners,share percentage, board of directors. Possibly an agreement not to challenge anyone's shareholding and keep things as they are. A byproduct of the new share issue, which seems to have strengthened the larger shareholders.
    The statement doesn't reveal anything other than they won't be facing each other in court.
     
    Kettlewell, Oct 3, 2022
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  16. Durkar Red

    Durkar Red Well-Known Member

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    True
     
    Durkar Red, Oct 3, 2022
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  17. 55&counting

    55&counting Well-Known Member

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    Great news.
    All joined up.
     
    55&counting, Oct 3, 2022
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  18. Marc

    Marc Administrator Staff Member Admin

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    I’ll be honest, I don’t understand what this means in real terms, and if/how this is a good or bad thing…beyond the obvious fact that the Cryne’s should be paid what they’re owed
     
    Marc, Oct 3, 2022
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  19. Don

    Donny-Red Well-Known Member

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    Yes it is just that.

    But that’s an improvement on the court case surely?

    And is the movement round this the source of last weeks rumours of a new owner?
     
    Donny-Red, Oct 3, 2022
    #19
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  20. In4

    In4reds Well-Known Member

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    Good news only people who benefit from it going to court are lawyers the situation isn't ideal but this is the best we do hope for.
     
    In4reds, Oct 3, 2022
    #20
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