The Debt.

[thebish]

But many people will see that as terrible and anything from reet. Especially I'd suggest the younger fans who haven't necessarily experienced the ups and downs of Bolton Wanderers.

which doesn't include you or me - or most people on this forum - we've all seen some shoite in our lives - and we've all seen unimagined glory! So I'm still happy enough to proclaim, "It'll be reet."

the day a football fan can't be irrationally optimistic about the future of his club will be a sad day indeed!

[BWFC_Insane]

But many people will see that as terrible and anything from reet. Especially I'd suggest the younger fans who haven't necessarily experienced the ups and downs of Bolton Wanderers.

which doesn't include you or me - or most people on this forum - we've all seen some shoite in our lives - and we've all seen unimagined glory! So I'm still happy enough to proclaim, "It'll be reet."

the day a football fan can't be irrationally optimistic about the future of his club will be a sad day indeed!

If I'm totally honest I'm not sure I've got the stomach to sit through full seasons in league 1 and league 2 with little chance of anything beyond league survival. Obviously I'll end up doing it because I'm stupid but not one bit of me wants to or sees anything positive about it. I can't take crumbs of joy from it, not right now.

I realise that in the grand old scheme that it isn't the end of the entire world, but I was hoping that whilst footballing success is always cyclical that the club would never fall apart this way again, but sadly it has once again happened.

[thebish]

But many people will see that as terrible and anything from reet. Especially I'd suggest the younger fans who haven't necessarily experienced the ups and downs of Bolton Wanderers.

which doesn't include you or me - or most people on this forum - we've all seen some shoite in our lives - and we've all seen unimagined glory! So I'm still happy enough to proclaim, "It'll be reet."

the day a football fan can't be irrationally optimistic about the future of his club will be a sad day indeed!

If I'm totally honest I'm not sure I've got the stomach to sit through full seasons in league 1 and league 2 with little chance of anything beyond league survival. Obviously I'll end up doing it because I'm stupid but not one bit of me wants to or sees anything positive about it. I can't take crumbs of joy from it, not right now.

I realise that in the grand old scheme that it isn't the end of the entire world, but I was hoping that whilst footballing success is always cyclical that the club would never fall apart this way again, but sadly it has once again happened.

i didn't say I was looking forward to it or taking any crumbs of comfort...

i'm just boldly stating - It'll be reet! (cos it will) - and - actually - it hasn't happened yet! hold your horses! we might be on a brink - but we're not yet over the brink!

[ExiledViking]

Hi Everyone,
I'm a Widnes lad born & bred, but for the last 20 years I've lived in Wigan.
I've been a Widnes Vikings Rugby League season ticket holder since I was a kid, and a Wigan Athletic supporter since 1997.

I am genuinely gutted to hear about The Wanderers plight, and I have every sympathy with the supporters, after all its us supporters that bares the brunt.
It's not nice having to watch your beloved club go through the wringer, and that's something I've had to do myself twice with Widnes.

Our 1st financial battle in 1993 lasted nearly 5 years, It felt like it would never end!
But the club came back stronger.
Our 2nd financial battle in 2007, lasted just 2 days ...Our chairman at the time was the person who went on to destroy Chester City FC ...I'm not going to mention his name, but let's just say, he was only interested in using the clubs to divert & cleanse money from his other rather less legitimate business ventures.

Thankfully, we were taken over by a local businessman who promised us that we would get back into Super League with a competitive team ...And he didn't let us down.

I know things might seem bleak at the moment, but I'm sure you'll be alright in the end,
Yes, it may take some time, but Keep The Faith and you'll be rewarded

I know us Wigan 'Latics supporters took some stick off Bolton fans last season, but the majority of us (me included) wish you well & hope the outcome is quick & favourable for your club & the fans...
After all, without you, there is no rivalry

GOOD LUCK & ALL THE BEST! x

[BWFC_Insane]

Exiledviking, thanks for the thoughts.

Glad for any support. No fan should ever want any club to seriously go out of business. There is more to this than petty rivalry.

[Dave Sutton's barnet]

Thanks mate. Genuinely appreciated.

[Lord Kangana]

I personally don't see comparisons with Southampton as relevant. Club with huge catchment area and tens of millions of academy talent.

The problem is we don't know the scale of our problems yet.

It'll be reet.

They take the piss out of me at work for constantly saying that.

Anyway, I'm halfway between all of you. I can't see the club not existing anytime soon, or indeed the stadium being bulldozed to build a Hyper Normide (say it with a French accent, sounds ace!). But I do believe that certain progress that has been made vis-a-vis training facilities and academy set up and the like may end up being the sacrificial lambs. It's a pity, but rather have the potential to rebuild than not exist.

[Hoboh]

I personally don't see comparisons with Southampton as relevant. Club with huge catchment area and tens of millions of academy talent.

The problem is we don't know the scale of our problems yet.

It'll be reet.

They take the piss out of me at work for constantly saying that.

Anyway, I'm halfway between all of you. I can't see the club not existing anytime soon, or indeed the stadium being bulldozed to build a Hyper Normide (say it with a French accent, sounds ace!). But I do believe that certain progress that has been made vis-a-vis training facilities and academy set up and the like may end up being the sacrificial lambs. It's a pity, but rather have the potential to rebuild than not exist.

I'm really not to arsed about the training facilities or the academy to be honest, the first e seem to collect injury after injury since it was developed, the latter has produced the sweet sum of feck all!

[Martin_Cruise]

The Sun are reporting that the owner has changed his mind for the time being and will pay the players wages

" BOLTON owner Eddie Davies will fork out around £1million to pay his players at Christmas — and prevent them from leaving for nothing.

The Isle of Man-based supremo has been persuaded he needs to make up the lost salaries due to Neil Lennon’s men at the cash-strapped club.
Davies had pulled the plug financially but was then advised that failing to pay the squad could mean the best of them go for nothing in the window next month.


So basically it wasn't a case of Eddie couldn't but Eddie wouldn't

[BWFC_Insane]

^^Nixon story by the way that one. If he is paying the wages will he pay the tax bill too?

[Martin_Cruise]

If he has weakened on this one and pays the wages it points to him paying the tax bill as well. I don't think it has to be paid for at least another month, he'll be hoping to have sold the club by then.If he hasn't sold the club he'll possibly now have transfer sales money to pay the tax bill.

[Abdoulaye's Twin]

Any chance he can be selective in who he pays?

[Loyal White]

Hmmmm.

In my opinion, it is our playing staff wage bill is what is killing us. Without a rich benefactor I don't see a solution other than creating a situation where we can cancel those contracts.

It'd be a shame to lose players like Clough, Vela, Amos for nothing, but worth it to secure the future of the club.

[BWFC_Insane]

Nixon says that the issue is that if he doesn't pay players they can go for free. If that happens the value of club to any buyer plummets.

Nixon very downbeat this morning on situation. Says admin or liquidation both possibilities. Seems to be suggesting that only a madman would take us on.

Should be noted that Iles asked the club for confirmation that Davies would pay wages and reports he was met with blank looks. So story needs confirmation.

[Jugs]

I think someone needs to explain this one to me, and it might be a naive question but: Why is it that only a madman would take on BWFC?

We've got a fantastic stadium, good training facilities, a hotel, we're in the Championship, we're still a relatively big name in the football world ... why can't we find investors, especially now that the debt has been wiped? Why can City get investors, Forest, Leicester, Southampton, and so on but not Bolton. What's really so bad about us?

[bobo the clown]

The Sun are reporting that the owner has changed his mind for the time being and will pay the players wages

" BOLTON owner Eddie Davies will fork out around £1million to pay his players at Christmas — and prevent them from leaving for nothing.

The Isle of Man-based supremo has been persuaded he needs to make up the lost salaries due to Neil Lennon’s men at the cash-strapped club.
Davies had pulled the plug financially but was then advised that failing to pay the squad could mean the best of them go for nothing in the window next month.


So basically it wasn't a case of Eddie couldn't but Eddie wouldn't

Exactly. As I've said throughout this UNLESS HE IS UTTERLY BROKE he will keep the business afloat while looking to sell otherwise the main loser will be him.

Which is why we won't ACTUALLY go into Administration.

Dire straits,agreed. But financial illiteracy to go into administration when he is the sole shareholder. He's playing poker .... & he blinked.

Now the banks have witnessed this they'll be straight in knocking for what they're owed.

[BWFC_Insane]

I think someone needs to explain this one to me, and it might be a naive question but: Why is it that only a madman would take on BWFC?

We've got a fantastic stadium, good training facilities, a hotel, we're in the Championship, we're still a relatively big name in the football world ... why can't we find investors, especially now that the debt has been wiped? Why can City get investors, Forest, Leicester, Southampton, and so on but not Bolton. What's really so bad about us?

Because we are losing money hand over fist and have little value in our squad and therefore need not only large sums to simply stay afloat but huge investment to get moving upwards.

The sums we are losing are what is frightening apparently. We definitely don't have the full picture yet.

However discussions of sale of the club have gone on for over a year with no buyer as yet coming close to putting money down.

[thebish]

Nixon says that the issue is that if he doesn't pay players they can go for free. If that happens the value of club to any buyer plummets.

Nixon very downbeat this morning on situation. Says admin or liquidation both possibilities. Seems to be suggesting that only a madman would take us on.

Should be noted that Iles asked the club for confirmation that Davies would pay wages and reports he was met with blank looks. So story needs confirmation.

Nice one Nixon - that certainly helps the cause!

[Worthy4England]

Nixon says that the issue is that if he doesn't pay players they can go for free. If that happens the value of club to any buyer plummets.

Help me understand "value" "plummets", in the context of our first team squad...

[thebish]

Nixon says that the issue is that if he doesn't pay players they can go for free. If that happens the value of club to any buyer plummets.

Help me understand "value" "plummets", in the context of our first team squad...

c'mon worthy - you know what it means - have you never seen the bargain 2-for-1 bin at the pound shop???