I'm in the exec box tomorrow, showdown with Shepherd...................

Is the club yours to sell Gordon?

More to the point, would you sell?

 

Oakwell Community Assets -googled these-no comment

<p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">612. Cabinet Spokesperson without Portfolio – Oakwell Community Assets Limited – Appointment of Director (Cab.11.5.2005/7)

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">RESOLVED </span><span style="FONT-FAMILY: "Courier New"">that the report be received and approval given to the appointment of Mr. Gordon Shepherd as a Director of Oakwell Community Assets Limited, nominated by Mr. Patrick Cryne, the

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">other shareholder in the Company.

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">

 </p></span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">551. Development Spokesperson – Oakwell Masterplan (Cab.15.3.2006/11.1)

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">RESOLVED </span><span style="FONT-FAMILY: "Courier New"">that Barnsley MBC work with Oakwell Community Assets, Barnsley FC and Barnsley Premier Leisure, on an informal working group to oversee the preparation of a Masterplan for the wider Oakwell area.

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">

 </p></span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">

 </p></span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">AUDIT COMMITTEE – 26th June 2006</span><span style="FONT-FAMILY: "Courier New"">

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">MINUTE NO. 4G</span><span style="FONT-FAMILY: "Courier New"">

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">156

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">• Oakwell Community Assets Limited – no dividend was due in respect of the 2005/06 financial year.. It was also noted that the Company was entitled to receive rental income from Barnsley Football Club, however, there was a rent free period in place at the present time. This would cease shortly with increasing rentals due in the future.

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span lang="EN-GB" style="FONT-FAMILY: "Courier New"; mso-ansi-language: EN-GB">

 </p></span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><u><span style="FONT-FAMILY: "Courier New"">24th July 2006 </span></u><span style="FONT-FAMILY: "Courier New"">

</span></p><p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt"><span style="FONT-FAMILY: "Courier New"">On the same minute a Co-opted Member asked if the rent-free period of Oakwell Community Assets Limited in respect of Barnsley Football Club had ended. The Executive Director (Finance) commented that this would cease in October 2006.

</span></p>

 

RE: Is the club yours to sell Gordon?

Good question, as Oakwell Holdings owns the shares and last information I have is that GS owns the shares in Oakwell holdings then I feel the answer is yes. However whether the '3rd party' would continue to guarentee the debts with a different owner is another matter.

 

RE: Is the club yours to sell Gordon?

according to this</p>

http://www.barnsleyfc.org.uk/bbs/forums/thread-view.asp?tid=50711&amp;mid=317899#M317899</p>

BMBC and PC are the only 2 shareholders-GS is a director</p>

 

RE: Oakwell Community Assets -googled these-no comment

it's in the notes to the accounts for the year ended 31st March 2005.</p>

It does answer one thing though. Both PC and the council will be able to charge interest on the loan after 26th Oct 2006. The rent could be the source of the money to pay the interest.</p>

 

sorry Paul

wrong company. OCA own the stadium and land. Oakwell holdings is a different company.

 

hmmm!

<table cellspacing="0" cellpadding="0" width="470" align="left" border="0"><tbody><tr align="left"><td valign="top" width="470" height="95"><table height="180" cellspacing="0" cellpadding="0" width="470" border="0"><tbody><tr valign="top" align="left"><td width="190"><font face="Verdana, Arial, Helvetica, sans-serif" size="2">The future of Barnsley chairman Peter Ridsdale has now been confirmed along with details of a takeover at Oakwell and Millmoor.

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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">
Within a space of 24 hours Rotherham United and Barnsley football clubs have announced details of new ownership. </font></p>

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Barnsley takeover

After much specualtion it has been confirmed that Ridsdale, along with David Walker have tendered their resignations along from Barnsley's Board of Directors.

Speculation over Ridsdale's and Barnsley's future began after the Reds' 4-0 win over Peterborough last Saturday, and rumours that he has left Oakwell along with one of his directors, David Walker have been confirmed nearly a week later.</font></p>

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">The club have given an official statement confirming that 267 Limited are the new owners and will shortly change their name to Oakwell Holdings Limited.</font></p>

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">As speculation suggested, Gordon Shepherd is the new chairman and Barry Taylor remains on the board.</font></p>

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">The former Leeds chairman told BBC Radio Sheffield that he will take the time to reflect before making any comment. </font></p>

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Listen to the interview with Gordon Shepherd
</font></p></td></tr></tbody></table></td></tr></tbody></table>

 

RE: hmmm!

<font size="2">Barnsley chairman Peter Ridsdale and chief executive David Walker have resigned as directors of the club. </font>

Director Gordon Shepherd has been named as the Tykes' new chairman, with Barry Taylor remaining as a director. </p>

Ridsdale had owned the football club itself - while the ground and its land are jointly owned by club benefactor Patrick Cryne and Barnsley Council. </p>

However, Ridsdale's stake has now been transferred to Wakeco 267 Ltd, which is soon to become Oakwell Holdings Ltd. </p>

Former Leeds chairman Ridsdale took charge at Barnsley in October 2003. </p>

However, the Tykes were in the unusual situation of the football club being under different ownership from its stadium and surroundings. </p>



Reports of a boardroom rift, ironically coming during a run of four straight victories, were denied after Ridsdale and Walker did not attend last Saturday's 4-0 win over Peterborough. </p>

The &quot;True Red Barnsley Bond&quot; scheme has also not been as popular with supporters as they had hoped. </p>

But with Ridsdale and Walker now cutting their ties with the club, it leaves Shepherd and Cryne, together with the council, in overall control. </p>

New Barnsley chairman Gordon <font color="#ff0000" size="4">Stewart</font> has told the club website of the reasons for Peter Ridsdale's departure. </p>

&quot;The club was running into a financial position that was less than comfortable and it was clear cash had to be injected,&quot; he said. </p>

&quot;When you are running out of cash you have to address the problem and that has been done. </p>

&quot;Peter did not want to work in a club where he had owned less than 50% and felt it would be better if he left.&quot;
</p>

 

RE: hmmm!

http://ukdata.com/numbers/05308191.html </p>



http://wck2.companieshouse.gov.uk/b5c198b1bd3599d3e91c9fd6deb16cd4/compdetails</p>

 

So

OCA ltd own the ground and shares are held by PC and Council</p>

GS owns OH ltd which in turn owns BFC 2002 ltd (the club)</p>

This is my understanding based on Co house records &amp; the accounts</p>

 

Big Talk!

(blagger) (furious) (blagger) (dribble)
Seriously though Rufus, you speak your mind.
You will feel better and hopefully the Chairman wil take heed of he points you make
YoooooooooooooooooooooooooooooooooooooooReds!