Second-tier English soccer side Barnsley FC have been sold to a consortium headed by Chinese billionaire Chien Lee of NewCity Capital and Pacific Media Group, which is led by Paul Conway and Grace Hung. Oostende. ", Lee has refined Moneyball and his football journey is a Moneyball experiment in European Soccer according to the Financial Times and The Wall Street Journal,[54][55] Moneyball, The Art of Winning an Unfair Game is a book by Michael Lewis, published in 2003, about the Oakland Athletics baseball team and its general manager Billy Beane. Redhelen Well-Known Member. I think its a good idea it means we have a scouting network we can tap into across Europe and clubs we can send young players on loan to help with development if they do It right. They stayed up on the final day courtesy of a. [77][78][79] Barnsley earns more from player trading than it spends, and is one of the more radical squad-building experiments that English soccer has seen. Based in North West England, Matt Slater is a senior football news reporter for The Athletic UK. However, in the following season Barnsley FC were relegated from the EFL Championship after playing highly unattractive football. They have won seven of their past eight matches and are unbeaten in 10 before visiting Bournemouth on Saturday. There is work to be done and relationships to be re-established with key stakeholders. Welcome to The Barnsley FC Fans Bulletin Board - Lee completed the acquisition of K.V. Upon the expiration of this nominee arrangement, the Investors directly registered their ownership interest in BFC. [76] Lee was joined by 'Moneyball' pioneer Billy Beane in the acquisition. [41] In December 2020, after an unsuccessful attempt to buy Toulouse FC, Lee turned the attention to AS Nancy Lorraine, competing with City Football Group, the owner of Manchester City F.C. To do this click on the cookie settings button below. Barnsley Football Club can confirm that Danny Benson has joined Bradford Park Avenue on a one month youth loan. [42][43] In early February 2021, media reported Lee, together with Pacific Media Group, Partners Path Capital, and Krishen Sud were in the process to buy Denmark's Esbjerg fB Football Club[44] and in discussion with Dutch soccer club FC Den Bosch about a possible takeover. This week the Chinese-American billionaire Chien Lee, whose Pacific Media Group consortium bought Barnsley in 2017, added the Danish club Esbjerg to its stable of clubs, which includes. The pair will serve as co-chairman at Oakwell with the club currently struggling in 20th in the league. Pacific Media Group (PMG), the co-owner of Barnsley, has agreed a deal to buy FC Den Bosch, The Athletic can reveal. Barnsley almost always buy players under 24, whose value is likely to rise. Styles has flourished in midfield and at left wing-back and, on the opposite flank, Callum Brittain has shone since signing from MK Dons in October. [72], In February 2019 Lee named his Barnsley CEO Gauthier Ganaye as OGC Nice CEO, the youngest CEO in the history of the French league. In 2017, former owner and billionaire businessman Marc Coucke left Oostende for Anderlecht and ever since the club has been struggling financially, owing Coucke 6.2 million, labouring under a skewed salary structure, stadium rent, and an operational deficit of 9.6 million in the 2018-2019 season. The Barnsley Football Club Limited (Club) today announced a reconstitution of the Clubs board of directors, following changes in ownership at its parent company, BFC Investment Company Limited (BFC). A reported 2 million ($2.3 million) fee was paid by New York Red Bulls to meet the release clause and purchase Struber's rights. Create your account and get enhanced access to all the latest stories. [57], During the 202021 season, Barnsley FC, with the youngest squad and one of the smallest budgets in the league, took the EFL Championship by storm, finishing in 5th place and making it to the EFL Championship play-offs for the first time in 24 years. The BAS, the Belgian equivalent of CAS, has earlier refused to grant Oostende a license after the club submitted a dossier based on the cash injection of 2.7 million by PMG. One of the club's most notable former players is Michel Platini, the former president of UEFA. Not every signing is a triumph but the pathway is clear. [12], The Financial Times stated that Lee has refined Moneyball[13] and The Wall Street Journal called Lee's football journey "a Moneyball experiment in English soccer". With the threat of relegation removed for at least a year, PMG will be able to implement their strategy of fielding a team of youngsters that plays an aggressive pressing game. [109] He was sacked in late September 2021 after 10 match days, without any success. [112], In September 2021, Lee, together with Pacific Media Group, Partners Path Capital, Randy Frankel, and Krishen Sud acquired FC Den Bosch, a Dutch professional football club based 's-Hertogenbosch, Netherlands, Lee's 7th European football club investment. evomediapac@gmail.com <-within 48/72 hrs. We are currently working serenely and hard on our license dossier, which will be submitted to the BAS on Monday, May 4th. In May 2021, AS Nancy appointed Lee's former Barnsley manager Daniel Stendel as head coach. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. On this Wikipedia the language links are at the top of the page across from the article title. Stay informed and spot emerging risks and opportunities with independent global reporting, expert [94] Duff won the EFL League One Manager of the Month award for November 2022. Based in North West England, Matt Slater is a senior football news reporter for The Athletic UK. Together, with the Club employees, our supporters, the Barnsley community and the players, we will overcome them. Meet the Pacific Media Group gang, the data-led, hard-pressing, youth-oriented, multi-club model storming leagues across Europe: Barnsley Thun Oostende Nancy Esbjerg Who they are, how they've done it, what the fans think & what's next. [73] In August 2019, according to the Financial Times and ESPN, Lee sold OGC Nice to Ineos, run by Great Britain's richest man Jim Ratcliffe, for 100 million,[74] making OGC Nice the most expensive sale ever in French football history at the time of the transaction, costing significantly more than the 79m spent by the Qatar royal family to buy Paris Saint-Germain in 2011, and the 45m paid out by Frank McCourt for the acquisition of Marseille in September 2016. The consortiums other investors include former Major League Baseball (MLB) player Billy Beane, who currently owns a minority stake in MLBs Oakland Athletics and is celebrated for his work as general manager of the franchise, and Neerav Parekh. Forums BBS > Pacific Media Group. [88] Lee said that "This moment belongs to the team, belongs to the fans, and belongs to the city". You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. BARNSLEY majoity shareholders Pacific Media Group have added to their sporting portfolio after completing a deal to take over debt-ridden Belgian outfit KV Ostende. The Fiver: sign up and get our daily football email. Lee also purchased 80 per cent of top-tier French soccer team Nice in 2016, where he sits on the board alongside Conway. BARNSLEY FOOTBALL CLUB badge - Link to home, Paul Conway, Chien Lee, Dickson Lee and Grace Hung have left the Clubs board with immediate effect, Jean Cryne has agreed to serve as a director of the Club, Julie Anne Quay has agreed to serve as a director of the Club as a representative of the Investors. Become an industry insider. Pacific Media Group (PMG), the co-owner of Barnsley, has agreed a deal to buy FC Den Bosch, The Athletic can reveal. AS Nancy, FC Thun, and Esbjerg fB all chased promotion. Owner and newly appointed club director Jean Cryne added: "As a collective, we will bring leadership to help the Club reach its potential, providing a clear and transparent purpose. university Later in 2005, Lee actively invested in the hospitality Industry, co-founding 7 Days Inn (NYSE: SVN), one of the largest budget hotel chains in China. [115] Lee pursued the investment in 1. Keep abreast of significant corporate, financial and political developments around the world. [70] The club qualified for the UEFA Champions League for the first time in its history. Last season was a low point for the club results wise, and we pledge to put results on the pitch as the primary driver for everything we do at the club. On the field, Oostende were entangled in a relegation battle before the Belgian league was suspended with one match day remaining on the calendar. [86] Valerien Ismael was appointed as Struber's replacement as the head coach on 23 October 2020. There are lots of clubs that use data and have brought in analysts to push in this direction but at Barnsley its the principle, its the root of what we are doing. on a three-year deal. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. [34][35][36], In May 2020, Lee completed the acquisition of KV Oostende Football Club, the only professional football club on the Belgian coast and the 4th European soccer investment for him. Lee uses a data approach to identify talents and coaches, focusing on signing young players with development in mind, capturing the huge potential in the player transfer market, buying players at low prices, and reaping huge rewards by selling them high. But the new deal marks a lifeline for Oostende. [107][108] In Lee's first year of ownership in the 202021 season, AS Nancy made strides in Ligue 2, finishing in 8th place. Sponsored Financial Content Contact Us Got a news story for us? [46] In April 2021, Bloomberg reported Lee's football group was looking for an opportunity to invest in German football, one of Europe's richest leagues. In 2018 the club was relegated to the third tier for the first time in club history. Nancy's biggest achievement came in 1978 when the club won the Coupe de France, defeating Nice in the final. E: stephen.farrell@newsco.com, Andy Slim, Managing Director, North Other . In January, Liam Kitching followed Ethan Pinnock, now of Brentford, in signing from Forest Green, while Conor Chaplin, a nippy striker, was identified while breaking through at Portsmouth before signing from Coventry. [75], In December 2017, Lee acquired English football team Barnsley F.C. Attendances in 2021-22 averaged 13,263 but in 2022-23, they have . Founded in 1900 as FC Palatia Kaiserslautern and as a founding member of the Bundesliga, the club won the German championship on four occasions and the German Cup twice. The club transformed the squad into a young and offensive team and expanded partnerships with existing and new sponsors, started cutting costs, and grew revenue from sponsorship and ticketing sales. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. There are clubs that say, We need to bring it in as an ingredient but here it is the bedrock. Conway, who was speaking on The Business of Sport Podcast with Mark Chapman and Matt Slater, is part of the American investment group Pacific Media Group, who own significant stakes in the. [97][98] When Lee acquired KV Oostende he named his 31-year-old former CEO at Barnsley and OGC Nice, Gauthier Ganaye, as the new KV Oostende CEO. Following Saturday's Sky Bet League One fixture against Derby County, Reds Chief Executive Officer, Khaled El-Ahmad, has written to thank supporters for winning 'off the field'. Contact us using the details below Stephen Farrell, Senior Digital Staff Writer T: 0844 980 0183 E: stephen.farrell@newsco.com Interested in advertising with Insider? 1. That is why I was very delighted that we would have five substitutes [this season] because the front three are very important to our philosophy.. The season 2021-22 was a disaster and AS Nancy Lorraine was relegated to the 3rd division for the first time in history, with only 23 points for the season. Upon the expiration of this nominee arrangement, the investors directly registered their ownership interest in BFC. Discussion in 'Bulletin Board' started by MexboroughTyke, Feb 5, 2021. Try a week on us. PMG acquired Barnsley in December 2017 and now own. personalising content and ads, providing social media features and to Last season was a low point for the Club results wise, and we pledge to put results on the pitch as the primary driver for everything we do at the Club. Operating in Los Angeles, San Diego & Honolulu, EMG Pacific provides Media Production services to both small businesses, mid-size corporations & large scale TV Shows & Feature Films. In 2014 he invested in Asian Coast Development (Canada) Ltd., the developer of The Grand Ho Tram Strip in Vietnam, one of the region's largest integrated resorts to capture Vietnam's booming tourist markets. Gauthier Ganaye, Barnsleys chief executive, said: We would like to thank every member of our loyal fan base for their patience and continued support over recent months. Lee was attracted by Brentford FCs location in London which is close to Heathrow Airport and its stadium development plans. This Site, is the E.M.G. Promote the exchange and interaction between China and world culture. Barnsley are at pains to avoid talk of the P-words promotion and the Premier League but are quick to spy potential, with Callum Styles, who joined from Bury as an 18-year-old after scouts tracked him in League Two, a prime example. . Writer, Producer, Director & Assistant Director of Film, Television, Commercial, Corporate, Industrial & Online Media Content. olding your nerve is a very polite way of putting it, says the Barnsley chief executive, Dane Murphy, breaking into laughter as he recalls this time last year when the club was propping up the Championship and seven points from safety. Internet Presence, Content, Video, Marketing, Mailing,Optimization & complete Online Business & App Development. Pacific Media Group consortium bought Barnsley in 2017. Pacific Media Group (PMG), the co-owner of Barnsley, has agreed a deal to buy FC Den Bosch, The Athletic can reveal. Paul Conway, Chien Lee, Dickson Lee and Grace Hung have left the club's board with immediate effect. [82] Stendel was sacked in October 2019 after a bad run of results, and Lee appointed Gerhard Struber as the new manager on 20 November 2019. I think that is another reason why we have to stick to our true north in the path that we are on with the data because if we go outside the lane and say: OK, with this one player we are going to go beyond our means, then the dam breaks. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. [91] On 22 April 2022, after a poor season, Barnsley were relegated to the English League One after an away defeat to Huddersfield Town. Mega-rich Chien Lee's New City Capital firm and Pacific Media . Pacific Media Group /, Stephen Farrell, Senior Digital Staff Writer [52], "Lee has refined Moneyball. A statement on Barnsleys website confirmed that Lee, Conway and Hung attended the teams 0-0 draw away to Brentford on Saturday. Board - Lee completed the acquisition of K.V opt to downgrade to Standard Digital, a pacific media group barnsley journalistic offering fulfils. After 10 match days, without any success your account and get daily... 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