Bolton

Clarets4me · Post by **Clarets4me** » Wed Jul 10, 2019 5:47 pm

Is there anything to stop Bolton Council or GMP refusing to issue a license or refuse to police the ground, which may amount to the same thing, until someone pays the total of what's owed ... ?

Chester Perry · Post by **Chester Perry** » Fri Jul 12, 2019 1:07 pm

Ken Anderson reckons that the Administrators have understated the debt to him by £6m

https://www.thetimes.co.uk/article/form ... -976580t0t" onclick="window.open(this.href);return false;

the administrators have instructed lawyers to deal with Bassini - for is perpetual attempts to interfere https://www.bwfc.co.uk/news/2019/july/s ... wanderers/" onclick="window.open(this.href);return false;

Chester Perry · Post by **Chester Perry** » Fri Jul 12, 2019 1:09 pm

In better news for Bolton they now have access to their training ground

https://www.theboltonnews.co.uk/sport/1 ... ills-paid/" onclick="window.open(this.href);return false;

houseboy · Post by **houseboy** » Fri Jul 12, 2019 1:12 pm

Was talking to a colleague of mine yesterday who is a mad keen Bolton fan and he says that if they have another 9 points deducted for not being able to play that game last season they will have to, based on last seasons points totals, have promotion form just to avoid relegation - 7 wins minimum to simply get off the foot of the table. That would be some challenge.

Feel for the fans in all this.

ElectroClaret · Post by **ElectroClaret** » Fri Jul 12, 2019 1:28 pm

houseboy wrote:...they will have to, based on last seasons points totals, have promotion form just to avoid relegation - 7 wins minimum to simply get off the foot of the table. That would be some challenge.

Feel for the fans in all this.

And all with a team cobbled together with the minimum of outlay, im presuming, with players brought in just to fill positions.

Its not looking good. Wonder where the "ten years" have gone?

NL Claret · Post by **NL Claret** » Fri Jul 12, 2019 1:46 pm

Chester Perry wrote:Ken Anderson reckons that the Administrators have understated the debt to him by £6m

https://www.thetimes.co.uk/article/form ... -976580t0t" onclick="window.open(this.href);return false;

the administrators have instructed lawyers to deal with Bassini - for is perpetual attempts to interfere https://www.bwfc.co.uk/news/2019/july/s ... wanderers/" onclick="window.open(this.href);return false;

It's all very odd is the financial world of Bolton Wanderers. Eddie Davies loans £5m to the club, or did he loan it to Ken who provides a secured loan to the club? I noticed earlier in the week Ken was claiming £7.5 m and Fildraw Trust (dealing Davies finances) a fair amount too.

It would be interesting to know how Anderson is owed anything?

Chester Perry · Post by **Chester Perry** » Fri Jul 12, 2019 1:58 pm

NL Claret wrote:It's all very odd is the financial world of Bolton Wanderers. Eddie Davies loans £5m to the club, or did he loan it to Ken who provides a secured loan to the club? I noticed earlier in the week Ken was claiming £7.5 m and Fildraw Trust (dealing Davies finances) a fair amount too.

It would be interesting to know how Anderson is owed anything?

administrators say it is £1.578m - see post #700 http://uptheclarets.com/messageboard/vi ... &start=699" onclick="window.open(this.href);return false;

houseboy · Post by **houseboy** » Fri Jul 12, 2019 2:02 pm

ElectroClaret wrote:And all with a team cobbled together with the minimum of outlay, im presuming, with players brought in just to fill positions.

Its not looking good. Wonder where the "ten years" have gone?

I must admit there is something a bit karmic about what has happened to them after that statement by Coyle but being a football fan, and a Lancashire one at that, I would hate to see a great old club with a proud tradition go under. I sincerely hope they find a way through this.

MACCA · Post by **MACCA** » Fri Jul 12, 2019 2:23 pm

Play the kids, hit rock bottom and start again. Do a Wimbledon if needs be.

Nonayforever · Post by **Nonayforever** » Fri Jul 12, 2019 2:29 pm

As Macca says, play the kids, regroup, start from afresh.

Feeling sorry for them doesn't earn any points, manipulation of the rules won't help them in the long run.

Just cut the cloth accordingly and start from the bottom.
They have history & a solid fan base from which to build.

houseboy · Post by **houseboy** » Fri Jul 12, 2019 2:35 pm

Nonayforever wrote:As Macca says, play the kids, regroup, start from afresh.

Feeling sorry for them doesn't earn any points, manipulation of the rules won't help them in the long run.

Just cut the cloth accordingly and start from the bottom.
They have history & a solid fan base from which to build.

Have to agree with this. The kids might just do it in League One if they have some decent ones. Just hope for their sake they don't get hit with the other 9 points deduction, that would be farcical and an insult to fans who have done nothing wrong. I'm not a fan of points deductions anyway, it punishes the fans as well as the club, there must be another way to punish clubs for financial mis-management.

Tricky Trevor · Post by **Tricky Trevor** » Fri Jul 12, 2019 2:44 pm

houseboy wrote:Have to agree with this. The kids might just do it in League One if they have some decent ones. Just hope for their sake they don't get hit with the other 9 points deduction, that would be farcical and an insult to fans who have done nothing wrong. I'm not a fan of points deductions anyway, it punishes the fans as well as the club, there must be another way to punish clubs for financial mis-management.

Sorry but I can’t agree. The fans still have their club but it might, unfortunately, be at a lower standard. There has to be sanctions that bite against these robber barons running football clubs.

houseboy · Post by **houseboy** » Fri Jul 12, 2019 2:50 pm

Tricky Trevor wrote:Sorry but I can’t agree. The fans still have their club but it might, unfortunately, be at a lower standard. There has to be sanctions that bite against these robber barons running football clubs.

Okay so why give them a season of misery? If they have a 21 point deduction then unless something miraculous happens they will go down, so just send them to league two straight away and promote the play-off runners up, that way they might just give the fans something to cheer about. The only thing that should matter as far as the games go is what happens on the pitch, everything else is just politics and finance. Punish the people who have mis-managed or been dishonest or both, don't punish the club or fans.

Chester Perry · Post by **Chester Perry** » Sat Jul 13, 2019 11:40 am

More on that latest Bassini story and the administrators getting the lawyers in to deal with him - seems primary finance is West Ham's David Sullivan who would by the Stadium and lease it back - why oh why oh why would you voluntarily do that

https://www.theboltonnews.co.uk/sport/1 ... ls-emails/" onclick="window.open(this.href);return false;

ClaretTony · Post by **ClaretTony** » Sat Jul 13, 2019 11:44 am

houseboy wrote:Okay so why give them a season of misery? If they have a 21 point deduction then unless something miraculous happens they will go down, so just send them to league two straight away and promote the play-off runners up, that way they might just give the fans something to cheer about. The only thing that should matter as far as the games go is what happens on the pitch, everything else is just politics and finance. Punish the people who have mis-managed or been dishonest or both, don't punish the club or fans.

I’ve always thought that admin should relegate you one division which would have had Bolton kicking off in League Two but on zero points.

elwaclaret · Post by **elwaclaret** » Sat Jul 13, 2019 11:55 am

Chester Perry wrote:More on that latest Bassini story and the administrators getting the lawyers in to deal with him - seems primary finance is West Ham's David Sullivan who would by the Stadium and lease it back - why oh why oh why would you voluntarily do that

https://www.theboltonnews.co.uk/sport/1 ... ls-emails/" onclick="window.open(this.href);return false;

Surely Sullivan’s involvement would cause the league its own issues. Just imagine Bolton hosting West Ham, with promotion relegation issues on the line...

Chester Perry · Post by **Chester Perry** » Sat Jul 13, 2019 11:56 am

elwaclaret wrote:Surely Sullivan’s involvement would cause the league its own issues. Just imagine Bolton hosting West Ham, with promotion relegation issues on the line...

no it would be a straight property deal - he would be landlord and not a shareholder in the club

bfcmik · Post by **bfcmik** » Sat Jul 13, 2019 1:30 pm

Sooner or later a club or two has to be allowed to go bust. I recall Darlington being allowed to and they weren't playing in an area overloaded with clubs unlike Bolton or Bury. Football cannot continue to condone malpractice nor continue to bail clubs out from their excesses.

All this, "It wasn't the supporters at fault", is a load of tosh really. Bolton fans enjoyed their club being successful despite knowing that they were spending more than they earned every season. Many will have called for even greater spending and decried the board for not opening their wallets even further. They were, at least, willing accomplices to the unsustainable business practices the club were involved in. I don't recall many voices demanding the spending be reined in and the club living within it's means.

Let them go, I say. We cannot just keep things the same simply because someone or some entity did something good in the past or they have a long history. There are new histories to be created, new up and coming clubs out there that are hungry for success and live in the 21st century world who are desperate to replace the departed. That is LIFE!

ClaretTony · Post by **ClaretTony** » Sat Jul 13, 2019 1:39 pm

bfcmik wrote:All this, "It wasn't the supporters at fault", is a load of tosh really. Bolton fans enjoyed their club being successful despite knowing that they were spending more than they earned every season. Many will have called for even greater spending and decried the board for not opening their wallets even further. They were, at least, willing accomplices to the unsustainable business practices the club were involved in. I don't recall many voices demanding the spending be reined in and the club living within it's means.

And that's what is happening here now with a lot of people wanting us to spend and spend. It just doesn't work. I'm enjoying our seasons in the sun but when that sun goes down I don't want Burnley fans to experience this sort of thing.

bfcjg · Post by **bfcjg** » Sat Jul 13, 2019 2:27 pm

Bolton should be liquidated and if Bolton supporters want to start a club like FCmanchester or whatever that lot are called.
From a selfish point of view no league football in Bolton might result in a few more walk ons at Turf Moor.

Chester Perry · Post by **Chester Perry** » Wed Jul 17, 2019 5:49 pm

Players back on strike as thought admin would be over now

https://www.theboltonnews.co.uk/sport/1 ... tponement/" onclick="window.open(this.href);return false;

Administrators response

https://www.theboltonnews.co.uk/sport/1 ... statement/" onclick="window.open(this.href);return false;

of course a lot of this is down to the decision to have a different set of administrators for the hotel - lots of interest in that from hotel chains apparently - but for preferred club bidder it is essential to their business plan, The delay in sorting out 0the hotel is having severe consequences for the future of the club as that will be finalised after the season starts

https://www.theboltonnews.co.uk/sport/1 ... otel-sale/" onclick="window.open(this.href);return false;

Chester Perry · Post by **Chester Perry** » Wed Jul 17, 2019 7:07 pm

The Guardian have it now

https://www.theguardian.com/football/20 ... s-not-paid" onclick="window.open(this.href);return false;

surely the administrators would pay them if they want to sell a going concern

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Wed Jul 17, 2019 7:23 pm

If they haven't been paid then the players are entitled to cancel their contracts and seek employment elsewhere aren't they?

I know I'd certainly be at a new job if I hadn't been paid for 5 months..

dsr · Post by **dsr** » Wed Jul 17, 2019 11:25 pm

houseboy wrote:I'm not a fan of points deductions anyway, it punishes the fans as well as the club, there must be another way to punish clubs for financial mis-management.

No, there isn't. There is no way that you can meaningfully punish a football club without affecting performance on the field. What sort of a punishment could there be that doesn't affect their points, playing staff, facilities, or finances?

RammyClaret61 · Post by **RammyClaret61** » Thu Jul 18, 2019 6:22 am

Bolton’s friendly at Chester on Friday is now off. Players not been paid for 20 weeks now.

Tricky Trevor · Post by **Tricky Trevor** » Thu Jul 18, 2019 6:55 am

These guys need to pack their bags and find new clubs. 20 weeks unpaid is outrageous and wouldn’t be contemplated in other workplaces.

houseboy · Post by **houseboy** » Thu Jul 18, 2019 9:34 am

dsr wrote:No, there isn't. There is no way that you can meaningfully punish a football club without affecting performance on the field. What sort of a punishment could there be that doesn't affect their points, playing staff, facilities, or finances?

So does there even have to be any punishment anyway? Clubs stand or fall on their finances, surely it's up to the law to decide what happens when things get out of hand? The football authorities shouldn't get involved any more than a trade organisation gets involved with other companies in trouble. Until not so long ago 90% of football clubs were in debt but it worked. Until football comes to it's financial senses things will be as they are but points deductions make a mockery of a sporting competition. If a club goes into administration why do they have to be 'punished' by the football authorities? Who and at what point made the ridiculous decision that points should be deducted for financial problems? A clubs finances are it's own affair and as long as they can field a team and fulfill fixtures why do the football authorities feel the need to make things potentially worse. If the authorities were as robust at stopping the insane spiraling out of control spending of the rich clubs as they are at punishing the smaller clubs then we may not have the increasing problems we are now witnessing. Unless there has been a FOOTBALLING problem (inability to fulfill fixtures, etc.) points deductions are wholly wrong. Let the clubs get on with running their own affairs, however badly they may do it, and stop giving clubs massive unfair starts at the beginning of a season.

RammyClaret61 · Post by **RammyClaret61** » Thu Jul 18, 2019 10:21 am

You do realise that the points deductions were introduced to try and prevent clubs over spending. But some have just carried on. Bolton’s case isn’t that they got into unforeseen trouble. It was always going to happen due to spending money they never really had. You know financial cheating basically. The fans supported this, they even gloried in it. We keep saying what will happen to the likes of Chelsea and man city when their owners pull the plug. They to will be stuffed but in a bigger scale. So yes they deserve everything that comes their way. They’ve paid for it.

ecc · Post by **ecc** » Thu Jul 18, 2019 10:28 am

If anybody knows how to get a ground on a peppercorn basis it's Mr Sullivan.

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Thu Jul 18, 2019 11:10 am

houseboy wrote:So does there even have to be any punishment anyway? Clubs stand or fall on their finances, surely it's up to the law to decide what happens when things get out of hand? The football authorities shouldn't get involved any more than a trade organisation gets involved with other companies in trouble. Until not so long ago 90% of football clubs were in debt but it worked. Until football comes to it's financial senses things will be as they are but points deductions make a mockery of a sporting competition. If a club goes into administration why do they have to be 'punished' by the football authorities? Who and at what point made the ridiculous decision that points should be deducted for financial problems? A clubs finances are it's own affair and as long as they can field a team and fulfill fixtures why do the football authorities feel the need to make things potentially worse. If the authorities were as robust at stopping the insane spiraling out of control spending of the rich clubs as they are at punishing the smaller clubs then we may not have the increasing problems we are now witnessing. Unless there has been a FOOTBALLING problem (inability to fulfill fixtures, etc.) points deductions are wholly wrong. Let the clubs get on with running their own affairs, however badly they may do it, and stop giving clubs massive unfair starts at the beginning of a season.

So you're fine with clubs not paying their bills, to the local businesses, people like St John's Ambulance and the taxman?
That's what happens, but there is the crafty footballers creditors rule that ensures that players and other clubs get their money as a priority over everyone else, including the aforementioned people/businesses.

Clubs shouldn't be allowed to run up massive debt levels because their owner has deep pockets and then go into administration and shirk their responsibilities to anyone who isn't a footballing business.

ElectroClaret · Post by **ElectroClaret** » Thu Jul 18, 2019 11:59 am

With a mere sixteen days to go till kick off, surely, with all this palaver going on, there's a real possibility they're not going to be in a position to fulfill the opening fixture?

Particularly if some players bugger off in search of another club/some wages?

Devils_Advocate · Post by **Devils_Advocate** » Thu Jul 18, 2019 12:02 pm

Cant the FA or PFA step in to help Bolton out to make sure this is resolved by the start of the season?

It would be a travesty to see one of the founder members of the league go bust in this way just like it would have been a disaster to see us fall foul of the first relegation out of the football league back in 87

ŽižkovClaret · Post by **ŽižkovClaret** » Thu Jul 18, 2019 12:05 pm

Let it die. A club needs to go to restore some sanity

Chester Perry · Post by **Chester Perry** » Thu Jul 18, 2019 12:10 pm

Devils_Advocate wrote:Cant the FA or PFA step in to help Bolton out to make sure this is resolved by the start of the season?

It would be a travesty to see one of the founder members of the league go bust in this way just like it would have been a disaster to see us fall foul of the first relegation out of the football league back in 87

They shouldn't as the it really makes thinsg far to complicated and what about those clubs they have let sink in the past or are letting sink now (by the way Football Ventures the preferred bidders have approached the PFA for a loan to cover the Football creditors https://www.theboltonnews.co.uk/sport/1 ... ref=twtrec" onclick="window.open(this.href);return false;)

@AndyhHolt - Accy Chairman - talks about why the FA, EFL and PFA should not get involved

https://twitter.com/AndyhHolt/status/11 ... 4481266690" onclick="window.open(this.href);return false;

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Thu Jul 18, 2019 12:27 pm

Devils_Advocate wrote:Cant the FA or PFA step in to help Bolton out to make sure this is resolved by the start of the season?

It would be a travesty to see one of the founder members of the league go bust in this way just like it would have been a disaster to see us fall foul of the first relegation out of the football league back in 87

The FA/League handed over some TV money earlier than normal last season to help pay the bills.
I think the PFA have already helped cover some of the players wages.

At some point they've just got to stand back and let Bolton sort their own mess out.

Tricky Trevor · Post by **Tricky Trevor** » Thu Jul 18, 2019 12:35 pm

Leicester and Boro both got promoted on the back of the PFA paying salaries. A total no-no from me. Keep your own house in order.

ClaretTony · Post by **ClaretTony** » Thu Jul 18, 2019 12:47 pm

dsr wrote:No, there isn't. There is no way that you can meaningfully punish a football club without affecting performance on the field. What sort of a punishment could there be that doesn't affect their points, playing staff, facilities, or finances?

Easy. Move them down one division. Far better than a points deduction and would leave Bolton on 0 points to start the season in League Two.

houseboy · Post by **houseboy** » Thu Jul 18, 2019 12:50 pm

GodIsADeeJay81 wrote:So you're fine with clubs not paying their bills, to the local businesses, people like St John's Ambulance and the taxman?
That's what happens, but there is the crafty footballers creditors rule that ensures that players and other clubs get their money as a priority over everyone else, including the aforementioned people/businesses.

Clubs shouldn't be allowed to run up massive debt levels because their owner has deep pockets and then go into administration and shirk their responsibilities to anyone who isn't a footballing business.

I agree with you totally and that is NOT what I was saying. There are legal channels for retrieving debt and that is one of the things that leads to administration. If local companies or the taxman is owed money then they have recourse to the law. If a club winds up in administration as a result then that is the club's problem. My argument is what has that got to do with what happens on the pitch as long as the club can play games? If they subsequently go out of business then that is also the club's problem. The football authorities are, in my view, over stepping their powers by deducting points from a club who already have enough to deal with, and remember clubs don't always go into debt because they are badly managed, that is only one factor. The deduction of points in actual fact can often make things worse because when a club is short of money the last thing they need is a drastic drop in income, which is what inevitably happens when they are relegated. The deduction of points can and does lead to relegation so the authorities can then be accused of making the situation a whole lot worse. Your local businesses and the tax man can wave bye bye to whatever monies are owed if the club goes out of business (particularly the local businesses as the taxman gets first dibs at whatever is left). Where then the value of deducting points?

The deduction of points is wholly wrong on any level and I cannot see a single argument in favour of it. Additionally I would love to see it tried on one of the big clubs (for whatever reason), the authorities wouldn't dare touch them (i.e. City) because they are not an easy target but it is fine to deduct 30 points from Luton a few years ago thus condemning them to relegation before a ball was kicked. That was farcical.

Chester Perry · Post by **Chester Perry** » Thu Jul 18, 2019 1:05 pm

You could argue that the excessive spending was used to seek an artificial points gain (whether or not it succeeded - for Bury it did, Bolton not) and any subsequent points deduction is a correction that is applied at the earliest possible time.

Further if those monies were used to buy players of immediate rivals (other clubs in the same league) and then not paid for, the offending club as established a potential competitive advantage by doubly weakening a direct rival

Tricky Trevor · Post by **Tricky Trevor** » Thu Jul 18, 2019 1:11 pm

Chester Perry wrote:Further if those monies were used to buy players of immediate rivals (other clubs in the same league) and then not paid for, the offending club as established a potential competitive advantage by doubly weakening a direct rival

Different divisions but what would Christian Doidge goals have done for FGR if he’d stayed instead off being stolen by Bolton? Playoffs could have been promotion, 5 points they missed out by. Not sure if they’ve been paid yet but I’d doubt it.

Chester Perry · Post by **Chester Perry** » Thu Jul 18, 2019 1:13 pm

Tricky Trevor wrote:Different divisions but what would Christian Doidge goals have done for FGR if he’d stayed instead off being stolen by Bolton? Playoffs could have been promotion, 5 points they missed out by. Not sure if they’ve been paid yet but I’d doubt it.

Indeed, great example that Just adds to my point - and no FGR have not been paid yet

padihamclaret · Post by **padihamclaret** » Thu Jul 18, 2019 3:37 pm

No sympathy for them. Arrogant bunch of fans who enjoyed living off something they couldn't afford. Remember them absolutely loving it when their 10 goal legend (or whatever it was) completely screwed us over to go and earn more money and pay more in wages than we would do (which they couldn't afford.) Serves them right

Murger · Post by **Murger** » Thu Jul 18, 2019 3:38 pm

**** 'em. Shut it down.

Conroy92 · Post by **Conroy92** » Thu Jul 18, 2019 3:43 pm

I sort of think the moment your club cant afford to pay wages for people- Player/Turnstile operator whoever, they should just be stopped competing. A simple, you may continue when your finances are in order, but from the foot of the table will suffice. By "in order" i mean heavily laden with debt for most clubs!

houseboy · Post by **houseboy** » Thu Jul 18, 2019 3:55 pm

Chester Perry wrote:You could argue that the excessive spending was used to seek an artificial points gain (whether or not it succeeded - for Bury it did, Bolton not) and any subsequent points deduction is a correction that is applied at the earliest possible time.

Further if those monies were used to buy players of immediate rivals (other clubs in the same league) and then not paid for, the offending club as established a potential competitive advantage by doubly weakening a direct rival

And you could also argue that clubs like City are spending way beyond there means to gain an advantage. They simply do not make the money they spend in a million years so why have they not been hit by FFP? Because they are a big club with big money and big lawyers. How were United allowed to still operate when they were 750m in debt (3/4 billion)? Because they are Man United with big lawyers. Why are Chelsea allowed to have so many players half of them have to be out on loan? Because they are Chelsea with big lawyers etc. Most companies will do what it takes to gain an advantage and that applies to football as well. Companies outside of the club should look at it before dealing with it, including other football clubs, and if they don't like the look of it don't deal with them. Any company with sense will run a credit check on another company to find out if they are a risk and if they see a problem they can walk away.

Chester Perry · Post by **Chester Perry** » Thu Jul 18, 2019 4:01 pm

houseboy wrote:And you could also argue that clubs like City are spending way beyond there means to gain an advantage. They simply do not make the money they spend in a million years so why have they not been hit by FFP? Because they are a big club with big money and big lawyers. How were United allowed to still operate when they were 750m in debt (3/4 billion)? Because they are Man United with big lawyers. Why are Chelsea allowed to have so many players half of them have to be out on loan? Because they are Chelsea with big lawyers etc. Most companies will do what it takes to gain an advantage and that applies to football as well. Companies outside of the club should look at it before dealing with it, including other football clubs, and if they don't like the look of it don't deal with them. Any company with sense will run a credit check on another company to find out if they are a risk and if they see a problem they can walk away.

you won't find many clubs with a better credit rating than Man Utd - always pay their bankers, who have made nearly £1 billion from them in the last 14 years ( I am very much against leveraged buyouts of that kind by the way, though one of Spurs or Chelsea may be the next to experience it if recent reports are to be believed)

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Thu Jul 18, 2019 4:03 pm

houseboy wrote:And you could also argue that clubs like City are spending way beyond there means to gain an advantage. They simply do not make the money they spend in a million years so why have they not been hit by FFP? Because they are a big club with big money and big lawyers. How were United allowed to still operate when they were 750m in debt (3/4 billion)? Because they are Man United with big lawyers. Why are Chelsea allowed to have so many players half of them have to be out on loan? Because they are Chelsea with big lawyers etc. Most companies will do what it takes to gain an advantage and that applies to football as well. Companies outside of the club should look at it before dealing with it, including other football clubs, and if they don't like the look of it don't deal with them. Any company with sense will run a credit check on another company to find out if they are a risk and if they see a problem they can walk away.

Chelsea were/are trying to build a sustainable business model, partly using their academy to generate monies through transfers and for first team players.

City - see the above.

Utd - same again.

Also all 3 clubs have massive sponsorship deals etc.

Bolton were/probably still are, running a wage bill that exceeds their incoming monies and no way to increase their revenue.
Blackburn exactly the same.

That's why the league have restricted wage bills to a percentage of income in League 1 & 2 and the championship clubs have to get their finances in order too.

Yes there are clubs like Brighton who owe their owners £200 million etc and they clearly can't generate the revenue required to maintain that debt which I think is helping them gain an unfair advantage, but several people on here don't see it as an issue so it's pretty pointless discussing it with them and from the looks of it you ..

Chester Perry · Post by **Chester Perry** » Thu Jul 18, 2019 7:08 pm

Gordon Taylor - who is not short of a few bob after years of mammoth wages - has a stark warning about the Bolton situation

https://talksport.com/football/efl/5748 ... s-pfa/amp/" onclick="window.open(this.href);return false;

nil_desperandum · Post by **nil_desperandum** » Thu Jul 18, 2019 7:33 pm

Chester Perry wrote:Peter Taylor - who is not short of a few bob after years of mammoth wages - has a stark warning about the Bolton situation

https://talksport.com/football/efl/5748 ... s-pfa/amp/" onclick="window.open(this.href);return false;

Seems from your link that Gordon Taylor agrees with him too!

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Thu Jul 18, 2019 7:58 pm

Chester Perry wrote:Gordon Taylor - who is not short of a few bob after years of mammoth wages - has a stark warning about the Bolton situation

https://talksport.com/football/efl/5748 ... s-pfa/amp/" onclick="window.open(this.href);return false;

Ha, the Toothless PFA whinging....