90% of the time I see this problem with people, it's usually because they aren't fully up to date. They might think they are, but they usually end up finding out that they aren't. Therefore, just to double-check, when you run the sakray patcher.exe, does the bottom left button become clickable? If it doesn't, then you aren't fully patched.
Another thing I've noticed is that your client is really old. You might want to try a newer client that has been properly hexed, as old clients don't always read the new data properly.
If neither of those work, then I will probably need more details, such as if you've installed on top of another server, at what point the crash occurs, if any other error messages pop up, etc.