[Official Site] CLUB STATEMENT: NEW BOARD OF DIRECTORS

Discussion in 'Bulletin Board' started by Newsbot, May 12, 2022.

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  1. Gegenpresser

    Gegenpresser Well-Known Member

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    You're a bit of a character mate. I'm not sure whether it's your avatar but you remind me of Pete Burns.

    You spin me right round.
     
    Gegenpresser, May 12, 2022
    #381
  2. Redarmy87

    Redarmy87 Well-Known Member

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    It was Paul Conway
    In the kitchen
    With a chicken flatbread
     
    Redarmy87, May 12, 2022
    #382
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  3. Gally

    Gally Administrator Staff Member Admin

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    Well technically she represents the investor % but otherwise, they have a majority combined hence the removal of Conway/Lee
     
    Gally, May 12, 2022
    #383
  4. Jor

    Jordym93 Well-Known Member

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    Best transfer window ever
     
    Jordym93, May 12, 2022
    #384
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  5. KamikazeCo-Pilot

    KamikazeCo-Pilot Well-Known Member

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    people on here should just be more thoughtful thats all. Im sick and tired of being ridiculed and am lashing out. Sorry if I upset you. Perhaps I misinterpreted your comment. Again, apologies if so. I dont mean any offence to anyone whatsoever but I am on alert for it with regards to me,. Best wishes if your reply was well-meant
     
    KamikazeCo-Pilot, May 12, 2022
    #385
  6. wolvestyke

    wolvestyke Well-Known Member

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    Yes but there's so far been no confirmation that Quay has any shareholding. I'm questionning whether Parekh, the Crynes and Quay themselves have overall ownership versus Parekh, the Crynes and sufficient of other shareholders such that in total it's more than 50%, which if she was representing them would be sufficient. What happens in the future could well be different in the second scenario.
     
    Last edited: May 12, 2022
    wolvestyke, May 12, 2022
    #386
  7. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    I was being genuine. I thought the short and simplistic one liner might confirm what you thought you'd read.
     
    Loko the Tyke, May 12, 2022
    #387
  8. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    She's the nominee for the investment group. The same group Paul Conway was the nominee for. I have no idea if this is true but I'd be surprised if her husband wasn't one of these many investors in that group, and that's her link in to being the nominee and why she has stepped forward.
     
    Loko the Tyke, May 12, 2022
    #388
  9. Gegenpresser

    Gegenpresser Well-Known Member

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    At the end of the day what does all this mean for the team that will line up next season?

    How does a change of shareholding help us next season?
     
    Gegenpresser, May 12, 2022
    #389
  10. wolvestyke

    wolvestyke Well-Known Member

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    Seems feasible. I'd be happier if she personally held shares such that between her and Parekh and the Crynes they had a majority shareholding. I guess the likelihood of future changes will therefore depend on the size of her husbands holding (if it is true), and ultimately keeping >50% of shareholders happy.
     
    wolvestyke, May 12, 2022
    #390
  11. Mic

    Michael Noz Well-Known Member

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    fifty-fifty is good in this instance. neither party can make big decisions about Oakwell. In fact this is a good setup. A hundred percent ownership by the people of Barnsley would be the ideal... but fifty-fifty gives us some protection from the likes of the conway-types.
     
    Michael Noz, May 12, 2022
    #391
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  12. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    There's loads more info to come in the coming days and no doubt once they've spoken to the press. One question from me, is how long is JAQ the nominee? Is it another four years like Paul Conway or is it a different agreement? Would prefer it to be much longer as that protects us better.

    She essentially does own shares, without actually doing so. But I take your point.
     
    Loko the Tyke, May 12, 2022
    #392
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  13. wolvestyke

    wolvestyke Well-Known Member

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    Yes, agree completely.
     
    wolvestyke, May 12, 2022
    #393
  14. Gegenpresser

    Gegenpresser Well-Known Member

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    "She essentially does own shares, without actually doing so"

    Go on then, explain that one.
     
    Gegenpresser, May 12, 2022
    #394
  15. Jay

    Jay Well-Known Member

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    But stops any investment. Oakwell has sat rotting for 20 years. Without investment it will no longer be habitable within a decade or so.
     
    Jay, May 12, 2022
    #395
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  16. Marc

    Marc Administrator Staff Member Admin

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    I want to know more about the ‘investors’. Sounds shady. Like those blokes with the masks who fund Squid Game, or The New Founding Fathers of America.

    I also think there’s now a whole raft of questions that fans have, and with it a huge opportunity to genuinely engage fans and start trying to rebuild some bridges.

    On a slightly related note, I personally feel the BFCST survey needs doing again….and possibly differently. I think if people had known when it came out, what was coming just days later, it might have had a very different response.

    Huge opportunity to start rebuilding trust, through direct engagement with fans. Would be an equally huge shame to waste it. I hope that msg is reaching the new Board.
     
    Marc, May 12, 2022
    #396
  17. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    In the same way we all thought Paul Conway owned shares, but didn't. She's at the coal face representing the investment group as their nominee, so acts as a shareholder in terms of her place on the board of directors, but just like Paul Conway the shares are really owned by someone else. Her husband likely being one of them.
     
    Loko the Tyke, May 12, 2022
    #397
  18. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    In light of this announcement coming much earlier than expected we'll just take the data as of today. Still useful and almost supports why we should be supportive of this change, but still demand updates on what we'll learn from the mistakes made last season.
     
    Loko the Tyke, May 12, 2022
    #398
  19. Gegenpresser

    Gegenpresser Well-Known Member

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    (In a Private Frazer voice) We're doomed ! Doomed I tell ye!!
     
    Gegenpresser, May 12, 2022
    #399
  20. mick woodhouse

    mick woodhouse Well-Known Member

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    It wont it’s the same people who owns us which means the plan, the same mistakes and the lack of investment will continue
     
    mick woodhouse, May 12, 2022
    #400
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