Bolton
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Re: Bolton
As they have been locked out of the training ground I wouldn’t have thought they could give Oldham the sort of workout they need so close to the new season.
Best decision for both parties.
Best decision for both parties.
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Re: Bolton
Oldham cancelled but Bolton have arranged a behind closed doors game. Suggestions tonight that the takeover by FV is close with the promise of a batch of new players.GodIsADeeJay81 wrote:Is it Oldham that's cancelled it or the players on strike still?
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Re: Bolton
What player, apart from a few dyed in the wool Bolton fans, would actually want to play for Bolton ?
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Re: Bolton
As CT writes, above, Sky suggesting takeover close and new players lined up.
https://www.skysports.com/share/11768461" onclick="window.open(this.href);return false;
https://www.skysports.com/share/11768461" onclick="window.open(this.href);return false;
Re: Bolton
Five a side, presumably.ClaretTony wrote:Oldham cancelled but Bolton have arranged a behind closed doors game.
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Re: Bolton
Not sure how feasible it is but Bolton should try and bring in some of the key people involved with Leicester when they went into admin. Leicester are a shining light on how to manage administration and its brilliant what their club has achieved since
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Re: Bolton
That would be a Leicester City that achieved what they did from a starting position they should never have been at.Devils_Advocate wrote:Not sure how feasible it is but Bolton should try and bring in some of the key people involved with Leicester when they went into admin. Leicester are a shining light on how to manage administration and its brilliant what their club has achieved since
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Re: Bolton
Yes like i said after entering admin they did brilliantly and Bolton could do worse than look at them as an exampleRammyClaret61 wrote:That would be a Leicester City that achieved what they did from a starting position they should never have been at.
Re: Bolton
Yes that would be good for Bolton as a club you are correct.Devils_Advocate wrote:Not sure how feasible it is but Bolton should try and bring in some of the key people involved with Leicester when they went into admin. Leicester are a shining light on how to manage administration and its brilliant what their club has achieved since
Not sure how good it would be for the many individuals and small businesses who are owed money by them. I seem to remember Leicester owing the building contractor £7m and their failure to pay a penny meant they went bust and everyone was made redundant. At the same time Leicester under the ridiculous footballer creditor rule were allowed to continue to pay a long term injured Muzzy Izzet £30k a week (a lot of money back then).
Bolton’s current situation is far worse than Leicester’s was though - they have very little or nothing by way of assets.
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Re: Bolton
Glad we agreeTVC15 wrote:Yes that would be good for Bolton as a club you are correct
Re: Bolton
Aye - but personally i’d rather small businesses and individuals got the money they were owed than accountants make a fortune out of their administration fees and the incompetent people running Bolton come out of this with something good at others expense.
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Re: Bolton
Kieran Maguire, who seems to be widely acknowledged as a sound analyst of football finance, has tweeted this about the Administrators:
"They have been working at an average of £376 per HOUR."
"They have been working at an average of £376 per HOUR."
Re: Bolton
Seems maybe slightly high but not particularly. I imagine the main guys are probably charged out at £600+ an hour and it is brought down by cheaper members of staff. This looks like it would involve a lot of high level time though so it isn't surprising.ecc wrote:Kieran Maguire, who seems to be widely acknowledged as a sound analyst of football finance, has tweeted this about the Administrators:
"They have been working at an average of £376 per HOUR."
Re: Bolton
Vultures feeding on a football carcassecc wrote:Kieran Maguire, who seems to be widely acknowledged as a sound analyst of football finance, has tweeted this about the Administrators:
"They have been working at an average of £376 per HOUR."
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Re: Bolton
That full tweet by @KieranMaguire is a thing to behold
https://twitter.com/KieranMaguire/statu ... 7367990272" onclick="window.open(this.href);return false;
on the whole the fees charging thing is overblown I think probably a deliberate misunderstanding of the costs for any organisation that earns revenue by fee charging - they have their whole infrastructure, training, development, admin, insurances and equipment to pay for and they do not come cheap in London - some of the expenses though - hmmm
https://twitter.com/KieranMaguire/statu ... 7367990272" onclick="window.open(this.href);return false;
on the whole the fees charging thing is overblown I think probably a deliberate misunderstanding of the costs for any organisation that earns revenue by fee charging - they have their whole infrastructure, training, development, admin, insurances and equipment to pay for and they do not come cheap in London - some of the expenses though - hmmm
Re: Bolton
It’s a disgrace - never liked Bolton as a club but actually starting to feel sorry for their supporters.Chester Perry wrote:That full tweet by @KieranMaguire is a thing to behold
https://twitter.com/KieranMaguire/statu ... 7367990272" onclick="window.open(this.href);return false;
on the whole the fees charging thing is overblown I think probably a deliberate misunderstanding of the costs for any organisation that earns revenue by fee charging - they have their whole infrastructure, training, development, admin, insurances and equipment to pay for and they do not come cheap in London - some of the expenses though - hmmm
The last picture on that link is actually vultures feeding on a carcass - like I said !!!
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Re: Bolton
All administrators in any business charge a fortune
Re: Bolton
I know both of the firms involved. The insolvency practitioners are decent with previous football experience but there are plenty of others who would be much more expensive. The law firm is pretty high end (although by no means the most expensive) and their charge-out rates will be significantly higher than those given for the IPs.Chester Perry wrote:That full tweet by @KieranMaguire is a thing to behold
https://twitter.com/KieranMaguire/statu ... 7367990272" onclick="window.open(this.href);return false;
on the whole the fees charging thing is overblown I think probably a deliberate misunderstanding of the costs for any organisation that earns revenue by fee charging - they have their whole infrastructure, training, development, admin, insurances and equipment to pay for and they do not come cheap in London - some of the expenses though - hmmm
As you say, if you employ City firms then they are not going to come cheap (I can't remember far enough back to remember how they ended up being appointed).
Re: Bolton
Thirty years ago, getting a license to practise insolvency was a lot easier and most accountants could do it, at much lower rates than these are charging. But they made the qualification rules and the training rules and above all the box-ticking rules, much harder to do, witrh the intention of squeezing the market and making it a much more expensive job for the boys on the inside while freezing out the small practitioners. Thus making sure that even the simplest insolvencies have to go to the big firms because the small firms are no longer allowed to do it.Chester Perry wrote:That full tweet by @KieranMaguire is a thing to behold
https://twitter.com/KieranMaguire/statu ... 7367990272" onclick="window.open(this.href);return false;
on the whole the fees charging thing is overblown I think probably a deliberate misunderstanding of the costs for any organisation that earns revenue by fee charging - they have their whole infrastructure, training, development, admin, insurances and equipment to pay for and they do not come cheap in London - some of the expenses though - hmmm
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Re: Bolton
Danny Lafferty is training with them...things must be really bad
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Re: Bolton
For Danny ?randomclaret2 wrote:Danny Lafferty is training with them...things must be really bad
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Re: Bolton
@KieranMaguire has now got hold of the Administrators filings on Burnden Leisure - he takes another swipe at the administrators
https://twitter.com/KieranMaguire/statu ... 5315577856" onclick="window.open(this.href);return false;
Meanwhile @AndyhHolt (Accy Chairman/owner) is getting a right battering off Bolton fans for this tweet
https://twitter.com/AndyhHolt/status/11 ... 8671595522" onclick="window.open(this.href);return false;
as is always the case they have taken it out of context of all he has tweeted today and previously on the subject
https://twitter.com/KieranMaguire/statu ... 5315577856" onclick="window.open(this.href);return false;
Meanwhile @AndyhHolt (Accy Chairman/owner) is getting a right battering off Bolton fans for this tweet
https://twitter.com/AndyhHolt/status/11 ... 8671595522" onclick="window.open(this.href);return false;
as is always the case they have taken it out of context of all he has tweeted today and previously on the subject
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Re: Bolton
The Bolton fans don't have a clue tbh, they never have and were never interested until it's all gone wrong.
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Re: Bolton
They still don't get that Eddie Davis effectively killed the club with love - same could be said by a number on here who want that kind of investment or the Geordies demanding to know where the money had gone at Ashley when the club owe him over £110m and he doesn't charge interest or take payments to reduce the debt and has stated he won't take it until the club is soldGodIsADeeJay81 wrote:The Bolton fans don't have a clue tbh, they never have and were never interested until it's all gone wrong.
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Re: Bolton
along with Bury given till 5 pm today to sort things out or first game suspended
https://www.bbc.co.uk/sport/football/49153314" onclick="window.open(this.href);return false;
https://www.bbc.co.uk/sport/football/49153314" onclick="window.open(this.href);return false;
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Re: Bolton
You have to wonder just what use an extra five hours is going to be to Stewart Dale at Bury.........looks like he's in for a busy afternoon. What happened to the midday deadline?Chester Perry wrote:along with Bury given till 5 pm today to sort things out or first game suspended
https://www.bbc.co.uk/sport/football/49153314" onclick="window.open(this.href);return false;
Re: Bolton
It's Steve Dale Roy! Stewart Day was the previous chairman. SD1 and SD2 is how they are referred to.Royboyclaret wrote:You have to wonder just what use an extra five hours is going to be to Stewart Dale at Bury.........looks like he's in for a busy afternoon. What happened to the midday deadline?
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Re: Bolton
Surely if neither club can fulfil their fixtures,it should automatically be a 3-0 win for their opposition,why should MK Dons and Wycombe suffer because of the incompetence of other clubs,when they've done nothing wrong.Chester Perry wrote:along with Bury given till 5 pm today to sort things out or first game suspended
https://www.bbc.co.uk/sport/football/49153314" onclick="window.open(this.href);return false;
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Re: Bolton
To be fair they'd probably prefer to play the team of youth players who haven't had any training for months. Likely to help the goal difference a lot more than a 3-0 w/o win.
Re: Bolton
When Bolton's game against Brentford wasn't played last season, Brentford were awarded 3 points on the basis of a 1-0 win.tiger76 wrote:Surely if neither club can fulfil their fixtures,it should automatically be a 3-0 win for their opposition,why should MK Dons and Wycombe suffer because of the incompetence of other clubs,when they've done nothing wrong.
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Re: Bolton
from Bolton News - a bit more detail and local comment
https://www.theboltonnews.co.uk/sport/1 ... -go-ahead/" onclick="window.open(this.href);return false;
https://www.theboltonnews.co.uk/sport/1 ... -go-ahead/" onclick="window.open(this.href);return false;
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Re: Bolton
Nixon is saying that FV the consortium buying Bolton have offered to pay outstanding Player Wages at 20% now and the rest spread over the next two years
The PFA are allegedly encouraging the players to accept because they would get nothing if Club go into liquidation
The PFA are allegedly encouraging the players to accept because they would get nothing if Club go into liquidation
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Re: Bolton
Have they not bloody gone yet?
Go on, be gone with yer.
Go on, be gone with yer.
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Re: Bolton
There is a requirement that all football debts, and that includes wages, be paid 100%.DAVETHEVICAR wrote:Nixon is saying that FV the consortium buying Bolton have offered to pay outstanding Player Wages at 20% now and the rest spread over the next two years
The PFA are allegedly encouraging the players to accept because they would get nothing if Club go into liquidation
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Re: Bolton
Surely if they cant pay the full amount now, there's a good chance they might not get the rest over the next 2 years. If the consortium is that brassic it would only be papering over the cracks.DAVETHEVICAR wrote:Nixon is saying that FV the consortium buying Bolton have offered to pay outstanding Player Wages at 20% now and the rest spread over the next two years
The PFA are allegedly encouraging the players to accept because they would get nothing if Club go into liquidation
In the long run they are better off being liquidated. Reform as Bolton 2020 and start again at the bottom of the pyramid. It would give the fans a chance at running the club, and it's a better alternative to having no team at all.
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Re: Bolton
But....But....Eddie doesnt want his brass back !!
Yeah right ...bunch of scabby douche bags.
Get it up ya!
No tears here.
Just sayin like...
Yeah right ...bunch of scabby douche bags.
Get it up ya!
No tears here.
Just sayin like...
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Re: Bolton
I can’t say I feel the same about Bury, but I would not bat an eyelid if Bolton went belly-up.fatboy47 wrote:But....But....Eddie doesnt want his brass back !!
Yeah right ...bunch of scabby douche bags.
Get it up ya!
No tears here.
Just sayin like...
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Re: Bolton
Same....Bury didnt fly bare-arsed over Turf Moor aiming a sequence of sloppy turds in our direction whilst wetting their knickers as Fat Phil plotted our demise.Lord Beamish wrote:I can’t say I feel the same about Bury, but I would not bat an eyelid if Bolton went belly-up.
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Re: Bolton
Thats quite an image...
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Re: Bolton
When the announcement that the deadline has been extended til 9.30am tomorrow is made! Last final chance and all that from the EFLdpinsussex wrote:Roll on 5pm
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Re: Bolton
Sums up the league doesn't it? They issue a deadline and then extend it for no obvious reason.bfcmik wrote:When the announcement that the deadline has been extended til 9.30am tomorrow is made! Last final chance and all that from the EFL
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Re: Bolton
I see some comments still blaming the EFLChester Perry wrote:from Bolton News - a bit more detail and local comment
https://www.theboltonnews.co.uk/sport/1 ... -go-ahead/" onclick="window.open(this.href);return false;
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Re: Bolton
Well they are an organisation who have hardly covered themselves in glory - it has become a shambles of a league.GodIsADeeJay81 wrote:I see some comments still blaming the EFL
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Re: Bolton
Die Bolton Die.
The smug, patronising gits are still fresh in my ears
The smug, patronising gits are still fresh in my ears
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Re: Bolton
If it were the old Bolton Wanderers playing at Burnden Park in Bolton who my Grandad supported, I'd be hopeful they sort it out.
But this club from a Horwich retail park I couldn't care less about, whether they struggle on or die this week.
But this club from a Horwich retail park I couldn't care less about, whether they struggle on or die this week.
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Re: Bolton
Bolton players owed 6 months pay are apparently furious of the offer of pay on the never /never.
July pay due on Wednesday and FV need the hotel as well as club as the Hotel makes money to help fund club.
This is why the deal is dragging on and on
Administrators for Hotel say deal still weeks away.
FL , FV, Club Administrators are putting pressure on Hotel Administrators to conclude quickly in favour of FV.
Davies family not happy with the FV offer
What a Mess
July pay due on Wednesday and FV need the hotel as well as club as the Hotel makes money to help fund club.
This is why the deal is dragging on and on
Administrators for Hotel say deal still weeks away.
FL , FV, Club Administrators are putting pressure on Hotel Administrators to conclude quickly in favour of FV.
Davies family not happy with the FV offer
What a Mess
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Re: Bolton
Apparently a PL 'solidarity' payment is due to them on 1st August which will give them another few days breathing space
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Re: Bolton
I doubt that will help them get something sorted by 5 tonight so they can play this Saturday at Wycombe.randomclaret2 wrote:Apparently a PL 'solidarity' payment is due to them on 1st August which will give them another few days breathing space