Totally different though in that those two clubs closed down. I don’t think I can recall a club being thrown out of the league previously.thelaughingclaret wrote:What was the general consensus of the other league clubs when the two south eastern clubs of Aldershot and Maidstone went bust in 1992? I imagine a similar outcome this time around.
Bolton
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Re: Bolton
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Re: Bolton
I think also Darlington 2012 seasonClaretTony wrote:Totally different though in that those two clubs closed down. I don’t think I can recall a club being thrown out of the league previously.
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Re: Bolton
They were non league though by then weren’t they?Longside4evr wrote:I think also Darlington 2012 season
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Re: Bolton
Football Association yes they were Reynolds run them into the ground with his big ideas
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Re: Bolton
So without reading the entire thread, if Bolton were to go down to non-league, can they still function and try and get their way back up?
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Re: Bolton
Actually, I think I've found the answer to my own question, with what's happened with Bury:
Before Saturday's announcement, the EFL said if the Shakers were expelled the club would "be free to make an application to the Football Association to rejoin league competition further down the English football pyramid from season 2020-21".
Before Saturday's announcement, the EFL said if the Shakers were expelled the club would "be free to make an application to the Football Association to rejoin league competition further down the English football pyramid from season 2020-21".
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Re: Bolton
more positive today after being given the 14 daysChester Perry wrote:probably because his statement about liquidation was predicated on EFL kicking them out tonight
https://twitter.com/MarcIles/status/1166627260914393088" onclick="window.open(this.href);return false;
Re: Bolton
They'd struggle to afford the ground unless it was subsidised by the council (like Stockport) or similar. They'd probably have to reform and play somewhere much smaller and although they'd probably have enough of a fanbase to progress up quite a few levels they'd probably lose enough support (and have the issues with the ground) to make it difficult to get back to the level they were at.FactualFrank wrote:So without reading the entire thread, if Bolton were to go down to non-league, can they still function and try and get their way back up?
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Re: Bolton
Nixon with a whole barrage of tweets that effectively says that there are two bidders for the hotel a "Manchester" guy as he refers to him and Football Ventures, whoever wins that is likely to get the club. Manchester guy is flush with cash and will pay up front - therefore deals with Administrators only, FV need to negotiate with Anderson and the Davies family Trust as they cannot pay upfront.
Without knowing anything about the Manchester guy I am pretty sure which scenario most including the EFL would prefer
Without knowing anything about the Manchester guy I am pretty sure which scenario most including the EFL would prefer
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Re: Bolton
Re the hotel at Horwich. I seem to remember reading that it made a loss of about circa £1 million per year and therefore had the opposite effect to that intended on Bolton's finances.
Let's hope the BFC board don't get any daft ideas about investing the spare dry powder and stick to what they know best.
Let's hope the BFC board don't get any daft ideas about investing the spare dry powder and stick to what they know best.
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Re: Bolton
Hotel is the only thing that makes money, even during admin it has had some minor upgradesClaretLoup wrote:Re the hotel at Horwich. I seem to remember reading that it made a loss of about circa £1 million per year and therefore had the opposite effect to that intended on Bolton's finances.
Let's hope the BFC board don't get any daft ideas about investing the spare dry powder and stick to what they know best.
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Re: Bolton
This is from another football forum from a Bolton fan.
Burnley will continue to be an oasis of common sense. Owen Coyle was so far off the mark when he said we were 10 years ahead of them
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Re: Bolton
Just imagine if "Manchester guy" was Flood.....Chester Perry wrote:Nixon with a whole barrage of tweets that effectively says that there are two bidders for the hotel a "Manchester" guy as he refers to him and Football Ventures, whoever wins that is likely to get the club. Manchester guy is flush with cash and will pay up front - therefore deals with Administrators only, FV need to negotiate with Anderson and the Davies family Trust as they cannot pay upfront.
Without knowing anything about the Manchester guy I am pretty sure which scenario most including the EFL would prefer
Re: Bolton
Property guy who just wants a hotel, what would be great next to hotel ? A sports complex and retail. He wont want Bolton he will flatten it and build a leisure centre.
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Re: Bolton
bfcjg wrote:Property guy who just wants a hotel, what would be great next to hotel ? A sports complex and retail. He wont want Bolton he will flatten it and build a leisure centre.
Which is obviously why he has employed a football specialst to help him through the process
Re: Bolton
So he doesnt know anything about football then ?Chester Perry wrote:Which is obviously why he has employed a football specialst to help him through the process
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Re: Bolton
it would seem not enough to do it himself - that or is being careful, which I would see only as a positive thing (no knowing what the quality of the specialist is at this time though)bfcjg wrote:So he doesnt know anything about football then ?
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Re: Bolton
Made losses of half a million in both 2016 and 2017Chester Perry wrote:Hotel is the only thing that makes money, even during admin it has had some minor upgrades
https://www.bwfc.co.uk/siteassets/docum ... counts.pdf" onclick="window.open(this.href);return false;
I don't think the figures for 2018 have been submitted yet, however the hotel company owned by Ken Anderson is in Administration and up for sale for £7 million.
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Re: Bolton
Or Steve Dale?ZizkovClaret wrote:Just imagine if "Manchester guy" was Flood.....
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Re: Bolton
JeezTricky Trevor wrote:Or Steve Dale?
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Re: Bolton
The Hotel makes money every year
The years it shows losses were due to the Club owing the Hotel more money than the losses shown
The years it shows losses were due to the Club owing the Hotel more money than the losses shown
Re: Bolton
They are safe, just been bought.
Announcement on their website
Announcement on their website
Last edited by icu81b4 on Wed Aug 28, 2019 6:16 pm, edited 1 time in total.
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Re: Bolton
Well I didn't see that coming! I was expecting they'd be following Bury out the door any day.
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Re: Bolton
Link: https://www.bwfc.co.uk/news/2019/august ... anderers3/" onclick="window.open(this.href);return false;
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Re: Bolton
very telling from the administrators.
"The Trust were forced to constantly compromise their position in the face of circumstances and demands which were wholly unreasonable. This says much about their determination not to allow Eddie's beloved Bolton Wanderers to suffer any longer at the hands of Ken Anderson.
"Sadly, Mr Anderson has used his position as a secured creditor to hamper and frustrate any deal that did not benefit him or suit his purposes. Thankfully, with the assistance of the Trust and others, we were able to overcome this obstacle.
"The Trust were forced to constantly compromise their position in the face of circumstances and demands which were wholly unreasonable. This says much about their determination not to allow Eddie's beloved Bolton Wanderers to suffer any longer at the hands of Ken Anderson.
"Sadly, Mr Anderson has used his position as a secured creditor to hamper and frustrate any deal that did not benefit him or suit his purposes. Thankfully, with the assistance of the Trust and others, we were able to overcome this obstacle.
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Re: Bolton
Is there scope for another club in Milton Keynes?
Re: Bolton
Sounds like Eddie just keeps on giving.
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Re: Bolton
How can an Administrator take a deal for the Hotel when it is not the best offer. The administrators roll is to get the best deal for the hotel. Surely this has to be against the law.
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Re: Bolton
Shame
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Re: Bolton
Bolton takeover complete according to Nw News
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Re: Bolton
Typical you just knew they'd wriggle out of trouble at the last minute,few details yet so the small print could be crucial.
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Re: Bolton
I really don't understand the sentiment from some that they'd rather see Bolton cease to exist. The significance of some John McGinlay shenanigans and the turncoats Owen Coyle/Steve Davis doesn't really add up to much stacked against a history tracing back to 1874, scoring the first goal ever at the Wembley stadium in the White Horse Final and fielding players like Nat Lofthouse just for starters. I'm delighted they haven't gone under.
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Re: Bolton
TBH there's a hell of a long way to go for The Trotters yet. They're nailed on to be in League 2 next season, they need to sign some players sharpish (are they even allowed??) and once the dust settles on all this they'll be packing 4,500 into the University of Bolton ( ) Stadium and losing money hand over fist every match day (and those in between).
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Re: Bolton
Worst case scenario imho this.
RIP Bury, F**k Bolton
RIP Bury, F**k Bolton
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Re: Bolton
If the transfer embargo is lifted... there will be another chorus of “foul” teams amassing goal difference will cause major issues for those facing a “full syrength” squad later in the season.Dark Cloud wrote:TBH there's a hell of a long way to go for The Trotters yet. They're nailed on to be in League 2 next season, they need to sign some players sharpish (are they even allowed??) and once the dust settles on all this they'll be packing 4,500 into the University of Bolton ( ) Stadium and losing money hand over fist every match day (and those in between).
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Re: Bolton
Whoever has bought them must have more money then sense. Wriggled out of it due to being a bigger club then bury.
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Re: Bolton
Wow, what a statement from the administrators.
They really have laid the bones out to dry with that.
It really does amaze me sometimes how the likes of Anderson are allowed to prosper.
As the statement mentions, they have a long hard road in front of them but it's a better route than Bury's.
Well done the administrators.
They really have laid the bones out to dry with that.
It really does amaze me sometimes how the likes of Anderson are allowed to prosper.
As the statement mentions, they have a long hard road in front of them but it's a better route than Bury's.
Well done the administrators.
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Re: Bolton
Appointed Keith Hill manager.
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Re: Bolton
They shipped 5 more at Gillingham today,i think that's the 4th match in a row they've been napped,i wonder who is going to go there,League 2 football is nailed on baring a Bournemouth style escape,and there must still be marks over the state of the club longer-term.elwaclaret wrote:If the transfer embargo is lifted... there will be another chorus of “foul” teams amassing goal difference will cause major issues for those facing a “full syrength” squad later in the season.
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Re: Bolton
I wonder if I can get odds for Bolton to be Champions of league 2 for the 2000-21 season, right now ...
If the good people of Bolton realise how close they came to losing their Club, get behind them, and the new owners are as they appear to be, they'll have a great chance ...
If the good people of Bolton realise how close they came to losing their Club, get behind them, and the new owners are as they appear to be, they'll have a great chance ...
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Re: Bolton
And thats probably why he disappeared to whence he came from. Despite what he did for us, personal hubris has completely ****** him.Stan Tastic wrote:This is from another football forum from a Bolton fan.
Re: Bolton
Have they agreed to lose every game 5-0 with EFL ? Bit like racial equality !!
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Re: Bolton
The same ex- B*****d Keith Hill who was part of the Plymouth Argyle back 4 sent out by Shilton to kick us ( specifically Eyres, Heath and McMinn ) off the park in the 1993-94 play offs .... forgive me if I'm not feeling the love just yet ...ElectroClaret wrote:Appointed Keith Hill manager.
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Re: Bolton
It'll be a hell of a non-league stadium, thats for sure. It's such a shame that Davis spent £190m just delaying the inevitable. It makes you wonder why such a business brain would have spunked so much money on such a worthless project when his losses went hurtling past £15-20m. I guess pricks like Horseface assured him it was money well spent. If he's not spinning in his grave he fuCKin should be.
Re: Bolton
Check out what happened at Leeds a few years ago when that obnoxious fat bas-tard Ken Bates bought them - that deal broke all the rules.1HappyClaret wrote:How can an Administrator take a deal for the Hotel when it is not the best offer. The administrators roll is to get the best deal for the hotel. Surely this has to be against the law.
For what ever reason football seems to get to make up its own laws.
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Re: Bolton
It is on the Magic Money Tree thread - but I will put it here for those that do not read that
Bolton's new owners begin their reign with loans amounting to £40m from two of their number at 4% interest p.a.
https://twitter.com/KieranMaguire/statu ... 8374417408" onclick="window.open(this.href);return false;
now then - does that strike you as a good idea?
Bolton's new owners begin their reign with loans amounting to £40m from two of their number at 4% interest p.a.
https://twitter.com/KieranMaguire/statu ... 8374417408" onclick="window.open(this.href);return false;
now then - does that strike you as a good idea?
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Re: Bolton
4% is a great rate of interest for the club. I'm sure Flood's loans to BFC were at much higher rates of return. If they pay off all their debt with the cash then they will be on the road to sustainability - assuming they can get some more players!Chester Perry wrote:Bolton's new owners begin their reign with loans amounting to £40m from two of their number at 4% interest p.a.
Re: Bolton
Gartside was the crook in chiefBennyD wrote:It'll be a hell of a non-league stadium, thats for sure. It's such a shame that Davis spent £190m just delaying the inevitable. It makes you wonder why such a business brain would have spunked so much money on such a worthless project when his losses went hurtling past £15-20m. I guess pricks like Horseface assured him it was money well spent. If he's not spinning in his grave he fuCKin should be.
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Re: Bolton
Absolutely, he was also the guy that poached Horseface.