Patrick Cryne

Discussion in 'Bulletin Board ARCHIVE' started by Bruce, Apr 8, 2012.

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  1. Bruce

    Bruce Active Member

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    Court case starts this week according to The Times, faces 7 years in prison if found guilty (along with his 3 colleagues).

    I think we might end up with some problems in the summer because of this.
     
    Bruce, Apr 8, 2012
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  2. Redstar

    Redstar Well-Known Member

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    No we won't. The whole point of this season has been to run without him.
     
    Redstar, Apr 8, 2012
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  3. Bruce

    Bruce Active Member

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    If guilty then he will fail the 'fit and proper' test I would imagine. Regardless of whether we can run without him, I expect there would be ramifications of him being owner.
     
    Bruce, Apr 8, 2012
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  4. NIGHTMARE

    NIGHTMARE Banned Idiot

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    It don't matter if he dose fail the fit and proper test, remember the channel 4 program the clubs not in his name
     
    NIGHTMARE, Apr 8, 2012
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  5. Redstar

    Redstar Well-Known Member

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    Correct. Shares owned in trust.
     
    Redstar, Apr 8, 2012
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  6. Bruce

    Bruce Active Member

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    Having looked at the rule, anyone who can apply direct or indirect influence on the club or who has rights to 30% or more of the clubs shares is classed as a director. If they fail the test they can be forced to surrender their holding
     
    Bruce, Apr 8, 2012
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  7. Bruce

    Bruce Active Member

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    Not sure what Cryne would do at that point or if any loans owed to him would fall due
     
    Bruce, Apr 8, 2012
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  8. bro

    brown9952173 New Member

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    I would be very surprised if, considering all the time that has past and the money Cryne et al will have spent on a legal team, that they don't have a good idea of the impending outcome already.

    However, I can't begin to second guess him, as he stays pretty quiet.
     
    brown9952173, Apr 8, 2012
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  9. Mr C

    Mr C Well-Known Member

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    A brief but succinct summation of BFCs current operational status. Thank you.
     
    Mr C, Apr 8, 2012
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  10. Redstar

    Redstar Well-Known Member

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    I don't think he has voting rights on the shares. BFC Dave might be able to shed more light on this.

    But it might be nice if the club communicated what might happen....
     
    Redstar, Apr 8, 2012
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  11. NIGHTMARE

    NIGHTMARE Banned Idiot

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    Crynes son will own his shares by now i should think if he's going to jail,
     
    NIGHTMARE, Apr 8, 2012
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  12. Redstar

    Redstar Well-Known Member

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    You could be right.
     
    Redstar, Apr 8, 2012
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  13. tho

    thomasevans Well-Known Member

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    It could be that the whole point of this season has been to slim the club down and reduce its debts in order to be a good prospect for possible purchasers - anyone agree with this viewpoint? To be able to buy a Championship (hopefully) club which is not in debt must look pretty attractive.
     
    thomasevans, Apr 8, 2012
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  14. Redstar

    Redstar Well-Known Member

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    Agree. But only if the land is part of the deal.
     
    Redstar, Apr 8, 2012
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  15. Cap

    Capital Tyke Well-Known Member

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    Paul Sykes anyone?

    Local man, made his millions.
     
    Capital Tyke, Apr 8, 2012
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  16. dreamboy3000

    dreamboy3000 Well-Known Member

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    Fingers crossed :) Championship club, no debt would look attractive to someone surely....
     
    dreamboy3000, Apr 8, 2012
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  17. madmark62

    madmark62 Well-Known Member

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    Not a chance at all.
     
    madmark62, Apr 8, 2012
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  18. She

    Sheriff Well-Known Member

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    He's mentioned in the John Dennis book (which is a fascinating read, btw). JD says he's been approached on several occasions and stated that he has no interest in investing in a football club.
     
    Sheriff, Apr 8, 2012
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  19. andytyke

    andytyke Administrator Staff Member Admin

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    hes already the owner of the club, so doubt he needs to pass any fit and proper test anyway.

    that test is for new owners of clubs
     
    andytyke, Apr 9, 2012
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  20. Tyk

    Tyketanic Well-Known Member

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    Errrr... Since when has the FA actually enforced the fit and proper persons test? I'm thinking of thaksin shinawatra here for a start...
    If there are instances, I bet it's only once or twice when press pressure has dictated.
     
    Tyketanic, Apr 9, 2012
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