Barnsley FC: Cryne family settle long-running dispute over sale of Oakwell club

The Cryne family have reached a settlement which will see them paid the money they are still owed for the December 2017 sale of the club.

The late Patrick Cryne sold a majority stake to a consortium fronted by Paul Conway and Chien Lee, but later disputes saw payments withheld.

They will now be met in full, but over a longer period, with the first instalments due in August 2023.

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The dispute has been ongoing for two years, and included the terms of the call option on the purchase of Oakwell, which would have allowed it to be sold for a set price within a fixed timescale.

Cryne's widow Jean joined the board in the summer after Lee and Conway were ousted, with Neerav Parekh taking over as chairman. The pair still have a stake in the League One club.

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