Bolton

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ClaretTony
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Re: Bolton

Post by ClaretTony » Thu Aug 22, 2019 10:50 am

What Bolton did this week was shocking. They've pointed to the safeguarding of their young players, creditably, but they should have an experienced squad available to play.

League One has descended into farce now this season and I don't think there is a way out of it for the league unless they drop both Bolton and Bury and play it with 22 clubs.
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bfcjg
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Re: Bolton

Post by bfcjg » Thu Aug 22, 2019 12:32 pm

As has been posted earlier, say a wealthy foreigner buys them, clears the debt buys a decent bunch of players and plays the postponed games and wins it is not fair.
When you have a boil you lance it, Bolton are a boil.
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Tricky Trevor
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Re: Bolton

Post by Tricky Trevor » Thu Aug 22, 2019 1:01 pm

bfcjg wrote:As has been posted earlier, say a wealthy foreigner buys them, clears the debt buys a decent bunch of players and plays the postponed games and wins it is not fair.
When you have a boil you lance it, Bolton are a boil.
As posted earlier, they can’t buy until Jan. By then they will be too far adrift for any decent players to want to sign for them. Sad but a spell non-league, with Stockport, will do them good.

dsr
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Re: Bolton

Post by dsr » Thu Aug 22, 2019 1:29 pm

They can loan-with-agreement-to-buy until 2nd September. I think there is a limit to how many players they can borrow, but it's quite a few.

ClaretTony
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Re: Bolton

Post by ClaretTony » Thu Aug 22, 2019 1:31 pm

They can sign players permanently until 2nd September can’t they?

claretgoss
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Re: Bolton

Post by claretgoss » Thu Aug 22, 2019 1:54 pm

Yeah, the transfer window is still open for Leagues One and Two

MACCA
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Re: Bolton

Post by MACCA » Thu Aug 22, 2019 1:59 pm

Which stinks as they'll be half a dozen sides who have been able to play against ( let's be honest ) a severely weakened team.

What happens if they get taken over and become a much stronger force, taking more points off teams or keeping the whollopings down.

Imagine supporting a side that goes down at the expense of say Teanmere by a point, or even a goal after Tranmere bashed a bunch of kids 5-0, and your side face a much stronger team.

Sack both them and Bury off, play the league with 22, let them get their house in order in time for league 2 next season, if they cant do that by say May 2020, then they need to just start again at whatever level needs be. Like Wimbledon did.
Last edited by MACCA on Thu Aug 22, 2019 2:29 pm, edited 1 time in total.
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Nonayforever
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Re: Bolton

Post by Nonayforever » Thu Aug 22, 2019 2:14 pm

Why is the proposed takeover taking so long ?
Have the "new" owners no money ?
The administrators will know exactly what debt is involved by now, there can't be any grey areas holding the deal up.

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Re: Bolton

Post by ŽižkovClaret » Thu Aug 22, 2019 2:17 pm

Parkinson and Assistant have walked btw

ClaretTony
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Re: Bolton

Post by ClaretTony » Thu Aug 22, 2019 2:29 pm

Nonayforever wrote:Why is the proposed takeover taking so long ?
Have the "new" owners no money ?
The administrators will know exactly what debt is involved by now, there can't be any grey areas holding the deal up.
Seems the hotel is a stumbling block. Football Ventures want or need that but it’s under a different administrator.
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FCBurnley
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Re: Bolton

Post by FCBurnley » Thu Aug 22, 2019 2:32 pm

Players and officials can get heavily fined for bringing the game into disrepute. How much should EFL fine themselves for this farce.

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Re: Bolton

Post by bfcmik » Thu Aug 22, 2019 3:21 pm

FCBurnley wrote:Players and officials can get heavily fined for bringing the game into disrepute. How much should EFL fine themselves for this farce.
Even the Premier League couldn't afford that much!

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Re: Bolton

Post by Leisure » Thu Aug 22, 2019 3:26 pm

ClaretTony wrote:They can sign players permanently until 2nd September can’t they?
But how many players would risk leaving a club that's paying them and going to a shambles like Bolton, with no guarantee of being paid!

FulledgeClaret
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Re: Bolton

Post by FulledgeClaret » Thu Aug 22, 2019 4:14 pm

I would think no player in his right mind would leave a club who are paying them to join this shambles and the risk of no payment, they might get some free agents who want to play and will take a chance on maybe getting a wage of some sort but I still think the player would have to be pretty desperate.
there needs to be a major rethink on the fit and proper test as it clearly isnt working could they not have a system where they buy the club but also have to put a lump sum of say 1m into some sort of escrow account until they show the club is being run properly and at least breaking even or they sell the club. if they let the club go down the pan like Bolton Bury are they lose that money and it is used to settle as much of the clubs debt as possible

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Re: Bolton

Post by claretburns » Thu Aug 22, 2019 4:54 pm

Pure point that a couple of weeks ago when Bassini had the court injuction to stop the sale the administrators said it was on the brink of completion, court order removed, 2 weeks later and still no sale. Can no one in these situations be bothered to tell the truth?

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Re: Bolton

Post by ClaretTony » Thu Aug 22, 2019 6:25 pm

claretburns wrote: Can no one in these situations be bothered to tell the truth?
It appears not.

nil_desperandum
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Re: Bolton

Post by nil_desperandum » Thu Aug 22, 2019 6:41 pm

Leisure wrote:But how many players would risk leaving a club that's paying them and going to a shambles like Bolton, with no guarantee of being paid!
Lots of decent players available who aren't currently without a club and would take the opportunity of a possible wage.
Isn't David Jones among them?

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Re: Bolton

Post by bfcjg » Thu Aug 22, 2019 6:57 pm

This Bassini chap reminds me of when Shackleton was trying to front a takeover at Burnley. I think only Teasdale believed him.

ClaretTony
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Re: Bolton

Post by ClaretTony » Thu Aug 22, 2019 7:05 pm

bfcjg wrote:This Bassini chap reminds me of when Shackleton was trying to front a takeover at Burnley. I think only Teasdale believed him.
I’m certain that Teasdale was the only who believed him
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Re: Bolton

Post by morpheus2 » Sat Aug 24, 2019 7:42 pm

0-5 at home today and an Attendance of 5,454 must mean they are running at a big loss week in now Shirley :!:

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Re: Bolton

Post by bfcmik » Sat Aug 24, 2019 7:46 pm

5,454 is a good crowd to watch a youth team play!

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Re: Bolton

Post by tim_noone » Sat Aug 24, 2019 8:21 pm

bfcmik wrote:5,454 is a good crowd to watch a youth team play!
Give it ten years and those kids could be way in front of our under23s

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Re: Bolton

Post by IanMcL » Sat Aug 24, 2019 8:26 pm

Having Bolton and Bury plus a struggling Accrington, at the bottom of league 1 is not good for the North West.

I hope they 2 financially bereft clubs both survive and thrive in division 2 and Accrington recover and survive div 1.

ClaretTony
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Re: Bolton

Post by ClaretTony » Sat Aug 24, 2019 9:00 pm

morpheus2 wrote:0-5 at home today and an Attendance of 5,454 must mean they are running at a big loss week in now Shirley :!:
Lowest ever attendance at the ground. You can see why Doncaster are not happy. Both Tranmere & Ipswich have had 5-0 wins against them but Donny didn’t get the opportunity. They should never have been allowed to kick off the season.

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Re: Bolton

Post by ClaretTony » Sat Aug 24, 2019 9:06 pm

League statement tonight on Bolton



The EFL Board remains concerned at the ongoing delays at Bolton Wanderers that have prevented the conclusion of the various sale agreements and documents that would result in the Club’s exit from administration.

Having been previously advised in writing on the morning of the start of the season that the deal was all but agreed and only awaiting completion signatures, there has been constant contradictory information and no finalisation of the deal.

The current situation cannot continue and the time to resolve the current impasse is now fast running out. Whilst it is understood as recently as yesterday that the parties were once again in a position to complete the formalities, there appears to be additional frustrating delays that are only serving to have a negative and detrimental impact.

The EFL urges all parties to communicate and come together to find the necessary and final solutions so that Bolton Wanderers can start to plan for its long term future and end months of uncertainty for all those associated with the Club, in particular the players, staff, supporters and the local Bolton community.

If a successful conclusion to a sale is not found or there are no credible plans for the Club to continue the season in administration by the planned Board meeting at 5pm on Tuesday 27 August 2019, then the EFL Board will consider lifting the suspension on the Notice of Withdrawal of the Club's membership of the League which was issued when the Club entered into administration in May 2019.

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Re: Bolton

Post by bfcjg » Sat Aug 24, 2019 10:07 pm

I think it is all but over for Bolton. Similar club to Bstards and any investor will look and think do I really want to lose 15 million a year despite the tax breaks ? Bolton at best will be in league 2 next season hardly a brand to be connected with.

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Re: Bolton

Post by scouseclaret » Sat Aug 24, 2019 10:39 pm

bfcmik wrote:5,454 is a good crowd to watch a youth team play!
Doesn’t strike me as a community rallying round to save its football club!

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Re: Bolton

Post by Nonayforever » Sat Aug 24, 2019 10:40 pm

When it comes to putting £ notes on the table, it just doesn't happen when wide boys are involved.
They are spending all of their time trying to arrange loans, debt arrangements, leases and the like.
Should never have been allowed to start the season.

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Re: Bolton

Post by fatboy47 » Sat Aug 24, 2019 10:44 pm

Would be nice to see the whole circus properly asset-stripped before too long.

Just to make sure there's no more than a burnt out husk remaining.

I'll wish them well when all their debts have been paid in full, and they are demonstrably living within their means....not before. Until then they can rot away down with the dead men.
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Re: Bolton

Post by martin_p » Sat Aug 24, 2019 10:51 pm

scouseclaret wrote:Doesn’t strike me as a community rallying round to save its football club!
Horwich isn’t that big to be fair, think today’s attendance is about a quarter of the population.

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Re: Bolton

Post by tiger76 » Sun Aug 25, 2019 12:01 am

morpheus2 wrote:0-5 at home today and an Attendance of 5,454 must mean they are running at a big loss week in now Shirley :!:
Previous home gate was 8,901 versus Coventry,so 3,500 down on that,it's hardly likely to encourage potential investors that the future can be rosy.

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Re: Bolton

Post by ClaretAndJew » Sun Aug 25, 2019 12:03 am

2029 is looking bleak for Burnley
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Re: Bolton

Post by DAVETHEVICAR » Sun Aug 25, 2019 12:12 am

Club selling match tickets at£20 adult to watch a mainly Under 18 team.
No season tickets yet issued so many season ticket holders are staying away.
Nixon is saying that a new bidder with considerable funds wants both hotel and club but are being blocked by Administrators .
Anderson and his lawyers are also making deal tough to complete.
With all this happening Nixon is saying liquidation will not happen
Very complex matter

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Re: Bolton

Post by ReddishClaret » Sun Aug 25, 2019 12:50 am

I think we've been close in the past? Heard tale's of directors paying electric and gas bills out of their own pockets? But we've always managed to scrap though. Bolton and Bury though are taking the **** now! The EFL are a sham. How many more clubs are going to take the **** before something is done?

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Re: Bolton

Post by GodIsADeeJay81 » Sun Aug 25, 2019 7:49 am

ReddishClaret wrote:I think we've been close in the past? Heard tale's of directors paying electric and gas bills out of their own pockets? But we've always managed to scrap though. Bolton and Bury though are taking the **** now! The EFL are a sham. How many more clubs are going to take the **** before something is done?
It probably needed a club or two to take the **** before the EFL changes/enforces it's rules properly.

Wouldn't be surprised if they changed them for next season.

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Re: Bolton

Post by ALP » Mon Aug 26, 2019 10:39 am

Will be gone Tuesday, unless there is a deal done very quickly, statement from administrators just gone oneline

https://www.bwfc.co.uk/news/2019/august ... anderers4/" onclick="window.open(this.href);return false;

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Bolton on the brink of liquidation.

Post by bob-the-scutter » Mon Aug 26, 2019 10:41 am

On Sky just now, takeover collapses.
https://www.bbc.co.uk/sport/football/49462871" onclick="window.open(this.href);return false;

Chester Perry
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Re: Bolton

Post by Chester Perry » Mon Aug 26, 2019 10:43 am

shocking brinksmanship it appears

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Re: Bolton on the brink of liquidation.

Post by theroyaldyche » Mon Aug 26, 2019 10:49 am

Good

NL Claret
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Re: Bolton

Post by NL Claret » Mon Aug 26, 2019 10:51 am

Four options for Wanderers now.


KA agrees to what was agreed on Friday.

EDT compromise their position.

Someone comes in with a cash bid for club.

Admins commence liquidation.
#BWFC

Tweet from Marc Iles from the BEN. EDT = Eddie Davies Trust

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Re: Bolton

Post by Hibsclaret » Mon Aug 26, 2019 10:52 am

As much as you have a certain amount of sympathy with Bolton the integrity of the league should be paramount and when you have them blatantly cancelling fixtures and then playing fixtures in which they have no chance of winning, the integrity of the league is compromised.

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Re: Bolton on the brink of liquidation.

Post by thatdberight » Mon Aug 26, 2019 10:54 am

bob-the-scutter wrote:On Sky just now, takeover collapses.
https://www.bbc.co.uk/sport/football/49462871" onclick="window.open(this.href);return false;
The EFL are like one of those parents you see constantly telling their kid that this their last chance and they'll be in trouble if they do it again. When it clearly isn't their last chance and obviously nothing ever happens to the kid.

Feral football clubs are, of course, the end result.
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Re: Bolton

Post by jdrobbo » Mon Aug 26, 2019 10:56 am

Not good at all. They’re a great football club with a very proud history. They’ve not looked after themselves financially (this applies to scores of clubs over the last twenty years) and Coyle aside, unless you have a particular personal vendetta against them, then that’s pretty poor form. This could so easily have been us. We overspent to get into the Premier League...not by much but we bet the ranch. We have no idea where things might’ve gone. It takes one season of bad management; one poor boardroom decision and the dominoes can start tumbling. I’d want the backing of local football fans if this ever happened to us. We need to get off our proverbial high horse.
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Re: Bolton

Post by claptrappers_union » Mon Aug 26, 2019 10:59 am

And... there’s the final nail. Terribly sad.

As much as we gloat about the whole ‘10 years ahead’ thing, it’ll be horrible to imagine my club fold.

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Re: Bolton

Post by Foulthrow » Mon Aug 26, 2019 11:00 am

The EFL probably had a very brief glance at Bolton's position and thought - "well, they'll probably be ok" - now they have had chance to look at in more detail and from many different angles they think they are probably wrong - but as they haven't clearly and obviously got it wrong that first decision will have to stand. ;)

ClaretTony
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Re: Bolton

Post by ClaretTony » Mon Aug 26, 2019 11:01 am

Hibsclaret wrote:As much as you have a certain amount of sympathy with Bolton the integrity of the league should be paramount and when you have them blatantly cancelling fixtures and then playing fixtures in which they have no chance of winning, the integrity of the league is compromised.
Bolton more than Bury have damaged the integrity of League One this season and I don't know how on earth that gets resolved if they continue to play this season. But this news this morning, to be honest, all I can think is how I would feel if this was my club. I'd be in a terrible state.

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Re: Bolton

Post by Chester Perry » Mon Aug 26, 2019 11:01 am

this is the key line in that BBC newsflash

"That would lead to its liquidation and the loss of over 150 jobs."

that is a lot of families being impacted directly
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Hibsclaret
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Re: Bolton

Post by Hibsclaret » Mon Aug 26, 2019 11:04 am

It is horrendous for the fans, of that there is no doubt and for them I feel very sorry...along with the Bury fans I saw in tears last week...horrible
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Re: Bolton

Post by Holmeclaret » Mon Aug 26, 2019 11:10 am

Really saddened by this. Of all football fans, I’ve always felt that Bolton were the most like ours. No-one who really loves football would want this to happen to such a great old club.
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Re: Bolton on the brink of liquidation.

Post by Roosterbooster » Mon Aug 26, 2019 11:13 am

theroyaldyche wrote:Good
For who??
Bad for them
Bad for us
Bad for football
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