Ken Anderson - Old Owner (Definitely. For Ever ..... )
Moderator: Zulus Thousand of em
- BWFC_Insane
- Immortal
- Posts: 36415
- Joined: Mon Jul 09, 2007 4:07 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
What loan have the defaulted on secured against assets?boltonboris wrote: ↑Wed Oct 04, 2017 1:51 pmMy worry is, they've defaulted on a loan, secured against assets and they're willing to let the ground go, in order so that they don't have to repay the debt.
That's my hunch and it's shared by a few, that I know of.
We need to keep the ground
-
- Immortal
- Posts: 14096
- Joined: Sat Jun 11, 2005 4:27 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
A £5.5m one that wasn't declared in the last set of accounts... "apparently"
"I've got the ball now. It's a bit worn, but I've got it"
-
- Immortal
- Posts: 14096
- Joined: Sat Jun 11, 2005 4:27 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Minor details reported in the SD article https://supporters-direct.org/articles/ ... -wanderers
The failure to repay a £5.5 million loan, secured on group company assets, due for repayment in January 2017 and therefore in default.
"I've got the ball now. It's a bit worn, but I've got it"
- TANGODANCER
- Immortal
- Posts: 43343
- Joined: Fri Sep 02, 2005 9:35 pm
- Location: Between the Regency and the Rubaiyat and forever trying to light penny candles from stars.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Without reading too deeply between lines, there seems to be a marked sense of distrust, or at best an uneasy/disturbed feeling amongst some factions that K.A isn't being quite above board about some items. Worrying, to say the least.
Si Deus pro nobis, quis contra nos?
-
- Immortal
- Posts: 14096
- Joined: Sat Jun 11, 2005 4:27 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
I'm not saying there's anything that isn't above board. I just don't think he's as transparent as some believe. But that's to be expected in business. Not everybody, should, or does know everything
"I've got the ball now. It's a bit worn, but I've got it"
- BWFC_Insane
- Immortal
- Posts: 36415
- Joined: Mon Jul 09, 2007 4:07 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
That loan is in the accounts. It is referenced directly. It is a loan from Prescott Business Park. Taken out before Ken was involved. In the accounts Ken says they are working with PbP to look at repayment options.boltonboris wrote: ↑Wed Oct 04, 2017 4:24 pmMinor details reported in the SD article https://supporters-direct.org/articles/ ... -wanderers
The failure to repay a £5.5 million loan, secured on group company assets, due for repayment in January 2017 and therefore in default.
Looking on companies house it seems that the loan is secured against shares.
It's not some mystery. I'm sure it has been stated that PbP provided that loan to help the club out and are supportive of the club. As you've said before, given they own the Middlebrook they probably need the club existing.
- TANGODANCER
- Immortal
- Posts: 43343
- Joined: Fri Sep 02, 2005 9:35 pm
- Location: Between the Regency and the Rubaiyat and forever trying to light penny candles from stars.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Ah well, speculation is speculation. We'll no doubt find out somewhere along the line.
Si Deus pro nobis, quis contra nos?
- BWFC_Insane
- Immortal
- Posts: 36415
- Joined: Mon Jul 09, 2007 4:07 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Lot of over active imaginations out there!TANGODANCER wrote: ↑Wed Oct 04, 2017 7:15 pmAh well, speculation is speculation. We'll no doubt find out somewhere along the line.
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Mine was/is one of them. Isn't £5.5mill the amount that Deano's outfit owed with interest? And wasn't that secured against the stadium? And didn't KA magic up £5.5mill out of nowhere to buy Deano's mob's shares?.BWFC_Insane wrote: ↑Wed Oct 04, 2017 7:18 pmLot of over active imaginations out there!TANGODANCER wrote: ↑Wed Oct 04, 2017 7:15 pmAh well, speculation is speculation. We'll no doubt find out somewhere along the line.
My active imagination is telling me that KA hasn't reimbursed BluMarble for Deano's bankrupt shares and that the asset still outstanding is the stadium.
I'm NOT saying that's the facts, but that is defo what My Overactive Imagination came up with.
That's not a leopard!
頑張ってください
頑張ってください
- BWFC_Insane
- Immortal
- Posts: 36415
- Joined: Mon Jul 09, 2007 4:07 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Holdsworth's loan was 5M. Secured against physical assets. Ken bought Deano's shares from the administrator for what one imagines was a very low number. He then renegotiated the terms of that loan repayment with blumarble.Lost Leopard Spot wrote: ↑Wed Oct 04, 2017 7:30 pmMine was/is one of them. Isn't £5.5mill the amount that Deano's outfit owed with interest? And wasn't that secured against the stadium? And didn't KA magic up £5.5mill out of nowhere to buy Deano's mob's shares?.BWFC_Insane wrote: ↑Wed Oct 04, 2017 7:18 pmLot of over active imaginations out there!TANGODANCER wrote: ↑Wed Oct 04, 2017 7:15 pmAh well, speculation is speculation. We'll no doubt find out somewhere along the line.
My active imagination is telling me that KA hasn't reimbursed BluMarble for Deano's bankrupt shares and that the asset still outstanding is the stadium.
I'm NOT saying that's the facts, but that is defo what My Overactive Imagination came up with.
That's all a matter of public record. The loan is very much outstanding but was renegotiated.
The loan referred to in this thread is one taken out prior to the takeover and is secured against shares. It was due in January this year. Seemingly PbP are cooperative and not after taking direct action at this stage. Given the loan was to keep the club going at the time, it seems likely that PbP are still cooperative.
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Yep, I get that. I was just pointing out as a matter of interest that overactive imaginations are a fact of life and not necessarily a product of conspiracy theories...BWFC_Insane wrote: ↑Wed Oct 04, 2017 8:16 pmHoldsworth's loan was 5M. Secured against physical assets. Ken bought Deano's shares from the administrator for what one imagines was a very low number. He then renegotiated the terms of that loan repayment with blumarble.Lost Leopard Spot wrote: ↑Wed Oct 04, 2017 7:30 pmMine was/is one of them. Isn't £5.5mill the amount that Deano's outfit owed with interest? And wasn't that secured against the stadium? And didn't KA magic up £5.5mill out of nowhere to buy Deano's mob's shares?.BWFC_Insane wrote: ↑Wed Oct 04, 2017 7:18 pmLot of over active imaginations out there!TANGODANCER wrote: ↑Wed Oct 04, 2017 7:15 pmAh well, speculation is speculation. We'll no doubt find out somewhere along the line.
My active imagination is telling me that KA hasn't reimbursed BluMarble for Deano's bankrupt shares and that the asset still outstanding is the stadium.
I'm NOT saying that's the facts, but that is defo what My Overactive Imagination came up with.
That's all a matter of public record. The loan is very much outstanding but was renegotiated.
The loan referred to in this thread is one taken out prior to the takeover and is secured against shares. It was due in January this year. Seemingly PbP are cooperative and not after taking direct action at this stage. Given the loan was to keep the club going at the time, it seems likely that PbP are still cooperative.
That's not a leopard!
頑張ってください
頑張ってください
-
- Immortal
- Posts: 14096
- Joined: Sat Jun 11, 2005 4:27 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Thought that was an injection from Orbit Developments...BWFC_Insane wrote: ↑Wed Oct 04, 2017 6:58 pmThat loan is in the accounts. It is referenced directly. It is a loan from Prescott Business Park. Taken out before Ken was involved. In the accounts Ken says they are working with PbP to look at repayment options.boltonboris wrote: ↑Wed Oct 04, 2017 4:24 pmMinor details reported in the SD article https://supporters-direct.org/articles/ ... -wanderers
The failure to repay a £5.5 million loan, secured on group company assets, due for repayment in January 2017 and therefore in default.
Looking on companies house it seems that the loan is secured against shares.
It's not some mystery. I'm sure it has been stated that PbP provided that loan to help the club out and are supportive of the club. As you've said before, given they own the Middlebrook they probably need the club existing.
As you were, Boris
"I've got the ball now. It's a bit worn, but I've got it"
-
- Dedicated
- Posts: 1713
- Joined: Tue Apr 10, 2007 8:53 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
According to this LOV piece, it looks like Ken is looking to sell for £25m.
https://lionofviennasuite.sbnation.com/ ... rs-for-25m
Bargain.
https://lionofviennasuite.sbnation.com/ ... rs-for-25m
Bargain.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
This is what I'm said a long long time , every time he go out and said I support Phil Parkinson during this bad start , I have this feeling that Ken Anderson will not put any penny in Bolton and doesn't care about Bolton he is only care about his money , but if the news is correct that he want to sell his share for about 25m it is a good price for anyone interest in Bolton .
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
It's now been confirmed by the BN
'Life shrinks or expands in proportion to one's courage.'
- Dave Sutton's barnet
- Immortal
- Posts: 28825
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Less than Palace paid for Mamadou Sakho. A third of a Lukaku.
Apples and oranges, I know, but...
- Bruce Rioja
- Immortal
- Posts: 38742
- Joined: Mon Jan 17, 2005 9:19 pm
- Location: Drifting into the arena of the unwell.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Less than we paid to build the Reebok, to put it in more pertinent terms.Dave Sutton's barnet wrote: ↑Fri Oct 06, 2017 9:09 amLess than Palace paid for Mamadou Sakho. A third of a Lukaku.
Apples and oranges, I know, but...
May the bridges I burn light your way
- Abdoulaye's Twin
- Legend
- Posts: 9282
- Joined: Tue Apr 17, 2007 1:27 pm
- Location: Skye high
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Hang on. Didn't Kenneth tell us numerous times that he had investment lined up ready to go and just needed to get Deano out of the way?
- Bruce Rioja
- Immortal
- Posts: 38742
- Joined: Mon Jan 17, 2005 9:19 pm
- Location: Drifting into the arena of the unwell.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
The most recent Kenny Log-Ins says we're only for sale if someone comes in with serious wedge and that Isles is talking shite as per.
https://www.bwfc.co.uk/news/2017/octobe ... chairman3/
https://www.bwfc.co.uk/news/2017/octobe ... chairman3/
May the bridges I burn light your way
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
There must be some kind of way outta here said the owner to the supporter
There's too much confusion
I can't get no reliable reporter
Businessmen they feck about
Of playermen there's a dearth
None can perform on a level playing pitch
Nobody's up to my worth
Hey hey
(with apologies to Dylan and Hendrix)
There's too much confusion
I can't get no reliable reporter
Businessmen they feck about
Of playermen there's a dearth
None can perform on a level playing pitch
Nobody's up to my worth
Hey hey
(with apologies to Dylan and Hendrix)
That's not a leopard!
頑張ってください
頑張ってください
Who is online
Users browsing this forum: Bing [Bot], Google [Bot] and 100 guests