Who actually owns Barnsley Football club?

Obviously we all hear a load of names, Lee, Conway, Hung, Neerav Parekh, Billy Beans, James Cryne, 'the Cryne family' but what is the actual breakdown?

Is it a company that owns 80% and James Cryne or 'the Cryne family' who owns 20%? Or is it that the people mentioned above individually own shares that add up to 80%?
What does 'the Cryne family' mean and why is that used interchangeably with James Cryne? Either he owns it, his mum owns it or they set up a company between them to own it?

Who owns the land? It was 50/50 Patrick and the council but what happened to it after his death? James? 'the Cryne family'? Subsequently bought by 21 words and his mates?

Has there ever been such secrecy regarding the ownership of the club?

 

@Red Rain

 

http://barnsleyfc.org.uk/threads/minority-report-2019-20-talking-finance.283730/

 

The accounts of the club for 31 May 2018 state that 80% of the ownership of the club is held by BFC investment Company, a Hong Kong incorporated buiness. 20% is held by James Cryne.

Chien Lee of NewCity Capital and Paul Conway of Pacific Media Group are detailed as the leads of BFC investment Company.

The Hong Kong incorporation afford a veil of secrecy which means it is difficult to ascertain the shareholders.

 

Taken from that:
(BFC Investment Company, a company owned by Chien Lee, Paul Conway, James Cryne, Grace Hung, Dickson Lee, Neerav Parakh and possibly Billy Bean). The exact ownership details of BFC Investment Company Ltd are not known for certain because that company is registered not in London, but in Hong Kong.

Does the 'possibly Billy beane' part mean that we know actuallythe club is owned 100% by bfc investment company but have no idea who owns BFC investment company and that it is all guesswork based on the media reports and press conference?

 

Hmm that seems to go against Red Rains version that the club is owned entirely by the investment company and that James owns some of that.
But regardless of which of those is correct it does beg the question why do I keep seeing the words 'the Cryne family' when both of you agree it is explicit in saying only James and not the family owns anything.

Still don't understand what they're all trying to hide or why.

 

Also why when the board get stick is it always our foreigner owners? Are our board not all in it together? For all we know it could be the 'Cryne family' who wanted Stendel gone and got enough support elsewhere for the majority, but Conway who's taking all the stick wanted him to stay.

All hypothetical but we can only speculate as our board are as secretive as North Korea.

 

Didn't take time out to read that at the time Red Rain. Brilliant read thanks. Was aware of some of the details in layman's. But an in depth report all should read.

 

Not very secretive when it's detailed on the website under company details.

https://www.barnsleyfc.co.uk/company-details/

 

It doesn't give percentages so we know how ownership adds up to 100%. We all assume Conway made the decision to get shut of Stendel and it probably was but we will never find out.

 

What does 'the Cryne family' mean? Who is majority shareholder? How many of those listed are shareholders?

 

Oakwell holdings hold 20% of the share capital of BFC investment Company. That is the 20% owned by James Cryne. This agrees and is not at odds with the earlier post.

 

I'm not being funny or anything but how do you know the breakdown of the share capital of BFC investment company? Do you know the breakdown of the other named persons or just James?

 

Shares have to be in one name. James Cryne, I assume.

 

Which makes me wonder why I keep hearing the Cryne family mentioned as a collective. It may as well say the Conway family, the Lee family etc.

 

Conway was the vocal owner and the one who was usually present so obviously the assumption is that it came from him. However Daniel said he'd return when the owners were gone not just Conway.

 

I would imagine that the decision to remove Stendel was a club one. I'd be surprised if one part of the ownership made a decision that the rest didn't agree with.

 

The holding of Oakwell holdings is detailed in their accounts and stated in the accounts of Barnsley Football Club. That is where the 20% comes from. Beyond that I can't tell you anymore.

 

I would guess that they are in the name of Oakwell Holdings Ltd. That company in itself is very interesting and I recommend you look at its last accounts.

 

Silly question but where does Oakwell holdings fit in again?

In my head I've got Oakwell community assets (previously owned 50/50 Patrick and council) owning the ground.
Oakwell holdings owned 100% of the club and sold 100% to bfc investment company with something in the accounts of the old company showing that James got 20% in the sale.

I'm not very good at this