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BFCweb news: 25th September 2012

Barnsley approached by unknown Investor(s)

It has been reported and verified that an unknown investment (consortium?) has approached the Barnsley board with an offer to invest in the club and inject capital for strenghening the squad, perhaps interest has come about after a strong start to the season against financial odds and the demolition of Birmingham City live on SKY television.

The club could no divulge any names connected with the offer but we will report as soon as anything emerges from Oakwell, Don Rowling commented saying there is no concrete offers.

The interest emerges based on the solid base that has been created at Barnsley FC in recent years, the fact that we are sensibly run within our means, debt free, with good management and improving performances on the pitch have put us on the radar of foreign investors looking for a piece of English football, there are rumoured to be two interested parties, and Italian group and another from Quatar, which like it or not would obviously mean big potential investment coming the way of BFC should any of this interest crystalise.

As a Barnsley fan, I think most would say they like us doing it the right way, instead of suddenly becoming a multi-millionaire club overnight, with success purchased using enormous overseas wealth. Others will see it as the only way to realistically compete in modern English football.