Bolton

cricketfieldclarets · Post by **cricketfieldclarets** » Tue Mar 19, 2019 10:40 pm

Find it hard to believe fans would be happy another club would be wound up. Especially after several near misses for us and the sympathy we still crave for it.

Orient
ITV digital
2009 embargo pre promotion
Multiple clear outs after the Laws relegation and end of parachute payments (god knows where we would be had Dyche not took us back up when he did)
And now pleqding poverty despite 3 or 4 years more premier league money, gray, ings and keane money.

We should be careful what we wish for with Bolton. Theyve suffered enough in the 10 years since Coyle went there. Cant believe there are still so many jilted exes.

Proper club.
Proud history.
Real fans which will ultimately lose their club.

conyoviejo · Post by **conyoviejo** » Tue Mar 19, 2019 10:54 pm

Notlob....A club going backwards..

Colburn_Claret · Post by **Colburn_Claret** » Tue Mar 19, 2019 11:31 pm

randomclaret2 wrote:Its not about demanding the club " spend spend spend ".Its about getting the balance right between being prudent and planning long term , and making the most of the fantastic opportunity we have to become established , as far as that is possible, in the Premier League. I would respectfully suggest that going from a 7th place finish to a relegation battle in 12 months on the back of soon to he announced large profits, would suggest the club have got that badly wrong of late.

There isn't a lot in class between 7th and 17th. IF we manage to stay up, we could well be the best of the rest next season. Not a prediction, just a possibility.
Most people and businesses carry some debt, at some point in their history. It isn't a problem so long as its sustainable. None of us know what the tipping point of sustainability is for Burnley, so trusting the board is essential. As Fulham, and many, many clubs before them have proved, spending lots of money guarantees nothing in football. So many other things, on and off the pitch have to click as well.
We need to ask ourselves what frightens us more, relegation or liquidation. It's a no brainer to me.

kicker_conspiracy · Post by **kicker_conspiracy** » Wed Mar 20, 2019 2:34 am

Chester Perry wrote:The upside of Bolton being liquidated is that Leeds would lose 6 points

Sadly, Norwich and Sheffield Utd would also lose 6 points. The one positive is that West Brom would only lose 3 points, therefore making Leeds slightly less likely to go up by virtue of a four horse race as opposed to a three.

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Wed Mar 20, 2019 8:59 am

https://www.theboltonnews.co.uk/news/17 ... -outcomes/" onclick="window.open(this.href);return false;

Today is the day then.

Interesting article about past efforts by HMRC, takeovers, current owner, monies owed to Forest Green and further £10 million owed to creditors.

Chester Perry · Post by **Chester Perry** » Wed Mar 20, 2019 11:55 am

for those wanting to follow proceedings - Bolton's case is soon to be heard

https://www.theboltonnews.co.uk/news/17 ... igh-court/" onclick="window.open(this.href);return false;

Chester Perry · Post by **Chester Perry** » Wed Mar 20, 2019 12:00 pm

Adjourned for 2 weeks as Bolton claim to have a buyer who is willing to clear debts - back in court 3rd of April

ClaretTony · Post by **ClaretTony** » Wed Mar 20, 2019 12:01 pm

Case adjourned until 3rd April and being reported that there is a buyer ready to clear the debts.

Chester Perry · Post by **Chester Perry** » Wed Mar 20, 2019 12:04 pm

The new buyer is believed to be a new or as yet previously un-named interested party - also suggested that any possible points deduction for CVA would now be pushed into next season

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Wed Mar 20, 2019 12:27 pm

If he's claiming there's a buyer, then surely he has to name them??

claretonthecoast1882 · Post by **claretonthecoast1882** » Wed Mar 20, 2019 12:28 pm

Hopefully it is the venky sisters

Goobs · Post by **Goobs** » Wed Mar 20, 2019 12:29 pm

Chester Perry wrote:The new buyer is believed to be a new or as yet previously un-named interested party - also suggested that any possible points deduction for CVA would now be pushed into next season

Makes an immediate bounce back harder then.

LeadBelly · Post by **LeadBelly** » Wed Mar 20, 2019 12:34 pm

One report quotes BWFC's brief as saying that the new potential buyer "already owns a major stake in a high-level football club" That's dodgy ground in itself I thought.

Chester Perry · Post by **Chester Perry** » Wed Mar 20, 2019 12:50 pm

That live-blog I posted earlier is still running - promising a very interesting update - scroll back a couple of hours and read the stuff from Simon Jordan - pretty powerful stuff - usually don't care for him but an interesting read

Chester Perry · Post by **Chester Perry** » Wed Mar 20, 2019 12:52 pm

Deal apparently agreed last night and just needs to go through

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

dsr · Post by **dsr** » Wed Mar 20, 2019 1:12 pm

LeadBelly wrote:One report quotes BWFC's brief as saying that the new potential buyer "already owns a major stake in a high-level football club" That's dodgy ground in itself I thought.

I'm sure it's not allowed to own major stakes in two clubs in the same country. It could be a major club abroad, though.

What are the odds of it being real? If they had even shaken hands on the deal, I would have thought the party could be named. I reckon it's a tentative expression of interest that has been exaggerated in court.

Chester Perry · Post by **Chester Perry** » Wed Mar 20, 2019 5:54 pm

This is that Simon Jordan piece first hand

https://twitter.com/talkSPORT/status/11 ... 1773390848" onclick="window.open(this.href);return false;

Clarets4me · Post by **Clarets4me** » Wed Mar 20, 2019 6:56 pm

Chester Perry wrote:Deal apparently agreed last night and just needs to go through

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

Following due diligence, accountants reports, legal sale documents drawn up, approval from the EFL under " fit & proper " owner criterea, banking facilities put in place, etc, etc ....

If I shook hands with certain Club owners in this country, I'd be checking my wedding ring and watch were still there afterwards !!

Chester Perry · Post by **Chester Perry** » Thu Mar 21, 2019 10:27 am

Did Bolton commit perjury at the High Court - the understanding is that they told the court that they had a buyer with the deal agreed - yet now it transpires that they are still in discussions with multiple parties

https://www.dailymail.co.uk/sport/footb ... ution.html" onclick="window.open(this.href);return false;

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Thu Mar 21, 2019 12:02 pm

Ha, they'll still wrangle out of perjury

Chester Perry · Post by **Chester Perry** » Wed Mar 27, 2019 5:49 pm

Staff have been told that a sale has been agreed in principle and hopes to be completed in 48hrs - not many convinced though

https://www.theboltonnews.co.uk/news/17 ... principle/" onclick="window.open(this.href);return false;

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Wed Mar 27, 2019 6:36 pm

. understood that all salaries will be paid, provided funds are made available by the potential new owner.

Heard that before.

Chester Perry · Post by **Chester Perry** » Fri Mar 29, 2019 12:40 pm

The potential buyer has been named - not the best choice - not that they really have one when Ken Anderson is looking for a Chairman's bonus as part of any sale

https://www.thesun.co.uk/sport/football ... igh-court/" onclick="window.open(this.href);return false;

randomclaret2 · Post by **randomclaret2** » Fri Mar 29, 2019 12:46 pm

The chap he's stood with on that photo looks strangely familiar...as does the location...

bfcjg · Post by **bfcjg** » Fri Mar 29, 2019 12:56 pm

I think the games up for Bolton. This guy has been bankrupt twice.

dsr · Post by **dsr** » Fri Mar 29, 2019 12:57 pm

randomclaret2 wrote:The chap he's stood with on that photo looks strangely familiar...as does the location...

He's the prospective new manager. Rumour has it he's fed up of working at a club that insists on making a profit, and he thinks Bolton would be a refreshing change.

dsr · Post by **dsr** » Fri Mar 29, 2019 12:59 pm

Chester Perry wrote:Staff have been told that a sale has been agreed in principle and hopes to be completed in 48hrs - not many convinced though

https://www.theboltonnews.co.uk/news/17 ... principle/" onclick="window.open(this.href);return false;

The problem is the "in principle". Because the principle involved is that the buyer has been told the truth and that the accounts are accurate.

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Fri Mar 29, 2019 1:05 pm

So the league might be forced to allow the sale or risk losing a club completely through liquidation?

Which one do they think will send the strongest message about FFP etc?

Chester Perry · Post by **Chester Perry** » Fri Mar 29, 2019 6:41 pm

So twice a bankrupt in a decade and vows to get you back in the Premier League as you head to League 1 - future looking golden for Bolton then

https://www.telegraph.co.uk/football/20 ... er-league/" onclick="window.open(this.href);return false;

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Fri Mar 29, 2019 8:59 pm

I can't be the only one who wants to see him buy the club just because of the potential for implosion....

Chester Perry · Post by **Chester Perry** » Fri Mar 29, 2019 9:13 pm

forgot to add that he thinks he can do Premier League in 3 seasons and that both of his property companies that have generated this money have been in existence for less than 18 months so they have yet to file accounts with companies house - but everything is ok as he has already had the ok from the EFL

tiger76 · Post by **tiger76** » Fri Mar 29, 2019 10:53 pm

So much for the fit and proper owner test,i suppose Bolton can't be too fussy in their predicament.

Sadly for their fans this won't end well.

cricketfieldclarets · Post by **cricketfieldclarets** » Fri Mar 29, 2019 11:01 pm

GodIsADeeJay81 wrote:I can't be the only one who wants to see him buy the club just because of the potential for implosion....

Says quite a lot...

Chester Perry · Post by **Chester Perry** » Mon Apr 01, 2019 4:52 pm

Players are to go on strike over not being paid - by not going into training for 48 hours - ot sure how that helps anyone but Ken - back in court Wednesday if the deal does not go through

https://www.bbc.co.uk/sport/football/47775158" onclick="window.open(this.href);return false;

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Mon Apr 01, 2019 5:00 pm

Going to be interesting if they end up back in court with no sale of the club done...

What's Anderson going to try next time, that a sale is imminent?
I think they'll laugh him out of court with that one.

Murger · Post by **Murger** » Tue Apr 02, 2019 3:29 pm

https://bbc.in/2FRcBSh" onclick="window.open(this.href);return false;

Weekends game in doubt.

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Tue Apr 02, 2019 3:40 pm

The games can still be played, just basically behind closed doors.

If the players really want to make a statement about their wages not being paid, going on strike for these games would get the attention of Anderson.

Chester Perry · Post by **Chester Perry** » Tue Apr 02, 2019 7:11 pm

back at the High court tomorrow - the sales has still not gone through cannot see the court taking that lightly especially as the name they were given 2 weeks ago walked away (possibly because Ken is actually looking to profit from the deal wanting a "Chairman's bonus"

NL Claret · Post by **NL Claret** » Tue Apr 02, 2019 7:38 pm

Chester Perry wrote:back at the High court tomorrow - the sales has still not gone through cannot see the court taking that lightly especially as the name they were given 2 weeks ago walked away (possibly because Ken is actually looking to profit from the deal wanting a "Chairman's bonus"

Have you seen the chairmans notes on the BWFC website? Have a read if not!

Bolton Evening News reporting who the buyer is and a few quotes from him. A company set up in Westhoughton in February 2019.

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Tue Apr 02, 2019 7:55 pm

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

Lot of waffle in that little note..

Chester Perry · Post by **Chester Perry** » Tue Apr 02, 2019 7:58 pm

I understand we have a list on here that that kind of person

bfcjg · Post by **bfcjg** » Tue Apr 02, 2019 7:59 pm

I think they are all but finished unless horse face uses his numerous sacked payouts to buy them.

Tricky Trevor · Post by **Tricky Trevor** » Tue Apr 02, 2019 8:29 pm

Bury players not paid for March. Lost for first time since Boxing Day, on Saturday, and losing at home right now. Professionals play for wages.
Now 2 down at home

Chester Perry · Post by **Chester Perry** » Wed Apr 03, 2019 11:20 am

Just had the case adjourned until the 8th of May - how that helps with no money fir wages and ground safety I do not know - not allowed to play games without public being allowed to attend under EFL rules - unless as part of a sanction from EFL/FA

Goobs · Post by **Goobs** » Wed Apr 03, 2019 11:38 am

Chester Perry wrote:Just had the case adjourned until the 8th of May - how that helps with no money fir wages and ground safety I do not know - not allowed to play games without public being allowed to attend under EFL rules - unless as part of a sanction from EFL/FA

We either they are going to have a fixture backlog or the EFL will have to take sanctions against them if they can't fulfill their fixtures by the end of the season.

Chester Perry · Post by **Chester Perry** » Wed Apr 03, 2019 11:44 am

Put it this way the authorities are not in the habit of closing football clubs down - and the High Court has given them much more leeway than it would grant other businesses I suspect

claptrappers_union · Post by **claptrappers_union** » Wed Apr 03, 2019 12:05 pm

They've been given another 5 weeks

https://www.bbc.co.uk/sport/football/47 ... 7R3zOl31N4" onclick="window.open(this.href);return false;

Former Watford chairman Laurence Bassini is reported to have been at the hearing, with the club's barrister Hilary Stonefrost telling the court: "The prospective purchaser is here." She added that Bassini, whose controversial tenure at Vicarage Road lasted only 13 months, "has proof of funds".

GodIsADeeJay81 · Post by **GodIsADeeJay81** » Wed Apr 03, 2019 12:14 pm

Goobs wrote:We either they are going to have a fixture backlog or the EFL will have to take sanctions against them if they can't fulfill their fixtures by the end of the season.

They can fulfill them, just not allowed fans in, so in theory there shouldn't be any backlog.

Chester Perry · Post by **Chester Perry** » Wed Apr 03, 2019 12:15 pm

claptrappers_union wrote:She added that Bassini, whose controversial tenure at Vicarage Road lasted only 13 months, "has proof of funds".

That were supposed to have been transferred last Friday - so staff, local businesses and HMRC could be paid and the club ownership be transferred - not much happened since - even a cheque would clear in that time

claptrappers_union · Post by **claptrappers_union** » Wed Apr 03, 2019 12:21 pm

I suspect Bassini has finally got a consortium together with the financial backing, its just a case of of pleasing them before finalising the sale.