Clubs In Crisis
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www.ClubsInCrisis.com 08 April 2009 - 20:49

Barnsley

Risdale is new owner

08-Sep-2003

As expected Peter Ridsdale has purchased the club, with Patrick Cryne and Barnsley Council buying the club's assets.
Peter Doyle told the Official Website the following after the press conference introducing Mr Risdale as the new owner
'Today brings a very special joy to me personally but going back I do not believe that anyone should make any mistake that if I did not sign up on December 4 this club would not be in existence. When I signed up there was no money in the account - it had all be spent.
'Instead of finding £100,000 per month that became £440,000 a month. Nobody gave any help to me throughout and contrary to what people are led to believe I received no help from the council.
'Against all the odds I believe that I am a 100 per cent supporter of this club and that is why we are here today. It has been a long haul but we have come through to where we are today. We are now in a position where the Football League owes this club more than £800,000 - more than any football debt. There is money in the bank both before and after paying wages and costs have been reduced by 48 per cent. With a gate of 7,500 this club will break even this season.'

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Totally Tykes website has reported that Peter Ridsdale has made another offer for the club, and is expected to take control in the next twenty four hours according to Peter Doyle.
Doyle has told BBC Radio Sheffield that everything has been agreed, and the former Leeds chairman should take control in the next twenty four hours...
'Everything has been agreed - it's just a matter of dotting the t's and crossing the i's and the deal happening.'
'We are meeting tomorrow and we have been in conversation most of [Tuesday] morning on the phone. We have had a hell of a lot of meetings on this - this is not something that has just happened. We are as close as it can be without it happening.'
Doyle has said that he would have no involvement with the club if this deal does go ahead. Sean Lewis is also likely to walk away, but manager Gudjon Thordarson will probably stop on - after signing a three year contract last month.
Throughout the interview Doyle explained that he (and Sean Lewis) had always wanted what was best for the club, even though the majority of fans thought different.

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Following the reported take over of the club by Sean Lewis the club have issued the following statement.
BARNSLEY Football Club has this afternoon been given the opportunity to kick off its Second Division season.
The Football League has acknowledged the strong case that the Club put to the League's Board in London yesterday and at earlier meetings.
They also recognised the huge amount of work that has been put into securing the short and long-term future and have given the club an extension of time to complete its refinancing package.
Reds supporters can now look forward to seeing their team face Colchester United on Saturday August 9, 2003, KO 3.00pm, subject to an agreement to play under the licence of the Administrator.
Sean Lewis will be at Oakwell on August 6, 2003, when the club will be looking to begin signing a number of players ahead of the Colchester match.

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(from BBC website)
Barnsley have named California-based businessman Sean Lewis as their new owner. Lewis will take over the role of Barnsley chief executive and chairman on a temporary basis.

The Surrey-born businessman has not been involved in the day-to-day running of a football club before but his representative Kenny Moyes said Lewis was excited about the new venture.

'Mr Lewis recognises this club has great potential,' said Moyes. 'You only have to look around at the facilities to realise it shouldn't be in the Second Division, it should be in the Premier League, back in that top bracket. 'Mr Lewis flew across on Saturday, saw Barnsley on Saturday and the deal was then done over the weekend.'

Former Leeds chairman Peter Risdale was expected to take over after Barnsley but the deal fell through when current owner Peter Doyle rejected his final offer.

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18-Jun-2003
Peter Ridsdale's bid to takeover Barnsley has moved a step closer with agreement over an outline deal., Reports the BBC
Negotiations remain ongoing but Doyle expects the takeover to be finalised by the end of the week.
Doyle said: 'Solicitors are now involved and it looks likely it will go through by the end of the week. We are all in the same frame of mind. 'Peter's ideas for Barnsley are to take it further than it's ever been. That's the sort of man he is. I gather that there's a lot of people willing to invest in Barnsley if we can get it sorted.'
Doyle was reported to have made a threat that he would close the club unless a deal could be agreed by Wednesday evening.
Doyle has complained bitterly about his treatment by a section of fans as well as the local press, and has received threats and hate mail.
Ridsdale is heading a consortium believed to be offering £3m for Barnsley.

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11.04.03
Peter Doyle recently released a statement saying he had sent letters to the chairmen of the supporters club and society, asking them if they would like to be on the board of directors. The owner also said that a member from each organization would be welcome, if other members voted them in. Doyle said he had done this to try and get the fans more involved in the running of the club.
Following long discussions between both organizations on weather to accept the offer. Agreements have been reached and four new directors have been elected.
The new members are Alan Bloore (chairman of Supporters club) and Peter Tingly (chariman of Supporters society) Andrew Fyfe and Ray Brammer
Alan Bloore told the Official Website this, 'Mr Doyle's offer was accepted by both organizations and we had an hour of questions and answers to debate any queries the members had'.'We will now write a letter to Mr Doyle formally accepting his offer of places on the board and give the details at last nights meeting We are looking forward to working with Mr Doyle in future meetings and will make sure the supporters get the chance to help shape the future of Barnsley Football Club'.
Full report on totally tykes

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It finally seems like Barnsley Football Club can come out of administration, Reports Totally Tykes website.
Following a good outcome of both the creditor and shareholder meetings held today, the proposal made by club owner Peter Doyle, and money owed to creditors and shareholders has been cut dramatically. Originally it was just under £900k, but now its just over £150k for both.
It was thought that former Reds boss Steve Parkin, and ex assistant manager Tony Ford voted against the proposal

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30.12.2002
Rumours suggest that BFC 2003 has made an offer to Peter Doyle that would give them power to make all footballing decisions at Barnsley.
BFC 2003 Ltd was set up to step into buy the club, if no other suitable buyer was found. BFC 2003 is a group of fans that have good contacts and were trying to get the fans to pay an annual fee to help raise funds for the club.
As reported below Peter Doyle eventually bought the club, but most fans have refused to accept him due to the fact that he has appointed John Dennis as chairman, and that rumours suggest that he may sell the land for building.
So, now BFC 2003 has stepped in - and are offering Doyle the chance to let them take over footballing matters at Oakwell and leave business matters down to him.
The offer has not yet been accepted, and may never be - as Mr Doyle seems to think that he can do 'no wrong' for the club.
However it shows the dissatisfaction the fans have with Mr Doyle.

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It has been announced today that the administrators have reached an agreement in principle with Peter Doyle, the towns mayor, to buy Barnsley FC.
The sale which could be compleated next week will enable the club to come out of administration.
Doyle is reported to have asked current chairman John Dennis to stay on as chairman.

More details of and statements on the Barnsleyfc website


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Barnsley Football Club are reported to have put every player on the transfer market. But with the new rules re transfers this is not going to raise any instat cash.
Barnsley fans are now calling for a buyer to be found for the club in the next six weeks, if this does not happen they believe the club will go bust. After the fans were only able to raise around fifteen thousand pounds in two weeks the administrators have taken the tough decision of placing every member of the playing staff on the transfer market.
The administrators have also announced they will not be seeking a new manager for the club while they are in administration.
The situation is very bad. The fans need to back the supporters society with their money, without this there may be no Barnsley Football Club in a month.

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Second Division Barnsley have been placed into administration.

The Tykes have petitioned the High Court in Leeds for an administration order just five years after being promoted to the Premiership. A statement on the club's official website said the move had been taken because 'detailed financial negotiations with an interested party collapsed at the 11th hour'.

They are the latest club to be affected by financial problems following the collapse of ITV Digital. The south Yorkshire club dropped out of the Premiership in 1998 after one year and were relegated from the First Division last season. A disappointing start to the campaign has left Barnsley with just three wins from their 11 games this season. Their supporters staged a demonstration outside Oakwell demanding the resignation of chairman John Dennis after the defeat by Wigan on Saturday.

Charles Escott, who is a joint administrator of the club along with Matthew Dunham, said: 'The directors have worked tirelessly in recent months to find a solution to the club's financial plight. 'Despite their efforts no immediate solution has been found, and whilst Barnsley has been a financially well-managed club, the directors have been left with no alternative but to place the club into administration. The administration will allow time to agree a refinancing package. It is envisaged that the club will continue under the protection of the administration order for up to two months. That period should give us time to identify and progress interest in the club with a view to securing its long-term future.'

(From the BBC Web site)


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