The Debt.

[StaffsTrotter]

As Lostock is a Category One academy we must spend £2.5m per year on it so I'm going to assume everything needed for the first team to be there as well? If possible it's surely worth considering that they can merge two sites into one considering the cost savings

We downgraded it to a Category Two this summer, but the point you are making is valid - it's certainly what I am clinging to.

Was just going to say the same. It's that darned EPPP again, pricing us out. BN report here: http://www.theboltonnews.co.uk/sport/13 ... h_academy/" onclick="window.open(this.href);return false;

The £2.5m costs of Category One include an insistence on employing no fewer than 18 full-time staff. (To save you the maths, if you purely divide those numbers the staff would be on £138,000 per year or £2,670 a week, but obviously there are many other costs to be included bar those wages.) I make no apologies for once again linking to this piece we did on the EPPP – I can't remember ever getting so enraged by something I've had to sub/edit.

Anyway, I don't think Lostock will be as well-equipped as Euxton but there is surely the possibility of combining the facilities. Given financial stability, it should be possible (I'm not saying probable) to upgrade Lostock as we go along.

think there is no doubt the facilities at Euxton are PL and those at Lostock arent and getting rid of the former will be a step back and really will be a statement of intent from the new owners as to whether we will just be treading water/ managed decline or trying to reach for the PL promised land again.

Not quite sure why we ended up with 2 facilities, but sure there will be lots of options being looked at and parties being talked to - even for just this Hemmings/PNE chap it could include sale, sale and leaseback or even share with PNE

[Gary the Enfield]

As Lostock is a Category One academy we must spend £2.5m per year on it so I'm going to assume everything needed for the first team to be there as well? If possible it's surely worth considering that they can merge two sites into one considering the cost savings

We downgraded it to a Category Two this summer, but the point you are making is valid - it's certainly what I am clinging to.

Was just going to say the same. It's that darned EPPP again, pricing us out. BN report here: http://www.theboltonnews.co.uk/sport/13 ... h_academy/" onclick="window.open(this.href);return false;

The £2.5m costs of Category One include an insistence on employing no fewer than 18 full-time staff. (To save you the maths, if you purely divide those numbers the staff would be on £138,000 per year or £2,670 a week, but obviously there are many other costs to be included bar those wages.) I make no apologies for once again linking to this piece we did on the EPPP – I can't remember ever getting so enraged by something I've had to sub/edit.

Anyway, I don't think Lostock will be as well-equipped as Euxton but there is surely the possibility of combining the facilities. Given financial stability, it should be possible (I'm not saying probable) to upgrade Lostock as we go along.

think there is no doubt the facilities at Euxton are PL and those at Lostock arent and getting rid of the former will be a step back and really will be a statement of intent from the new owners as to whether we will just be treading water/ managed decline or trying to reach for the PL promised land again.

Not quite sure why we ended up with 2 facilities, but sure there will be lots of options being looked at and parties being talked to - even for just this Hemmings/PNE chap it could include sale, sale and leaseback or even share with PNE

Didn't (doesn't) the money from Lifeline go towards the Lostock facility?

[Lost Leopard Spot]

We are looking to sell the training ground at Euxton to Preston North End - confirmed by Lennon this morning. Things just went very bleak again.

But we knew this This isn't news booooooooo

its news because its specific, but wouldnt we have expected every option for every bit of our current operation to be under review - just doesnt mean we will sell, might just mean we are getting a market value/ disposal option

It's about as specific as when I posted two days ago that Preston were annexing Euxton ? In fact I had more detail as my question mark was more specific.

[plymouth wanderer]

I don't buy this bullocks about the training ground! You really think we can't compete for a prem place anytime soon because of a training ground! It'll be because we're shit! The training ground hasn't contributed to anything good for the last 6 years! We can't compete because we have been badly run! Do you think every club that has been promoted to the prem have had state of the art training facilities? ??? Get the feck outta here!

If it helps keep the club afloat for the immediate future! That's good enough for me!

Let the primadonnas train in the playground of the local primary school for all I care. They ain't earnt the right to train at the sort of facilities we currently have- back to basics I'm afraid

[Beefheart]

I don't buy this bullocks about the training ground! You really think we can't compete for a prem place anytime soon because of a training ground! It'll be because we're shit! The training ground hasn't contributed to anything good for the last 6 years! We can't compete because we have been badly run! Do you think every club that has been promoted to the prem have had state of the art training facilities? ??? Get the feck outta here!

If it helps keep the club afloat for the immediate future! That's good enough for me!

Let the primadonnas train in the playground of the local primary school for all I care. They ain't earnt the right to train at the sort of facilities we currently have- back to basics I'm afraid

Selling of assets makes the club less attractive to any prospective buyer though, but I don't know if we have much alternative at this stage.

[LeverEnd]

I don't buy this bullocks about the training ground! You really think we can't compete for a prem place anytime soon because of a training ground! It'll be because we're shit! The training ground hasn't contributed to anything good for the last 6 years! We can't compete because we have been badly run! Do you think every club that has been promoted to the prem have had state of the art training facilities? ??? Get the feck outta here!

If it helps keep the club afloat for the immediate future! That's good enough for me!

Let the primadonnas train in the playground of the local primary school for all I care. They ain't earnt the right to train at the sort of facilities we currently have- back to basics I'm afraid

I agree. It's a shame to lose a decent facility but I bet there are many that have gone up with poor facilities and it's done us no good recently like you say.
Get em on Winter Hill! Hoboh for manager!!

[thebish]

I don't buy this bullocks about the training ground! You really think we can't compete for a prem place anytime soon because of a training ground! It'll be because we're shit! The training ground hasn't contributed to anything good for the last 6 years! We can't compete because we have been badly run! Do you think every club that has been promoted to the prem have had state of the art training facilities? ??? Get the feck outta here!

If it helps keep the club afloat for the immediate future! That's good enough for me!

Let the primadonnas train in the playground of the local primary school for all I care. They ain't earnt the right to train at the sort of facilities we currently have- back to basics I'm afraid

amen!

[boltonboris]

It's status/ego

A club most of our fans (probably wrongly nowadays) think beneath us, buying our things.. Hurts a bit for some I imagine.

[irie Cee Bee]

It's status/ego

A club most of our fans (probably wrongly nowadays) think beneath us, buying our things.. Hurts a bit for some I imagine.

Beggars are not choosers as the saying goes.

[plymouth wanderer]

I bet it does! But a step back IMHO is administration! Then liquidation.

If the sale of the training ground prevents those two things happening, then so be it.

People are about to be pissed off. We've come acustomed to dining with royalty and shopping at Marks and Spencer and Laura Ashley (whilst maxing our credit card) when in reality we Shouldve been shopping at Tescos, Asda, and maybe even Aldis

In the name of thebish! - be alreet

[TKIZ!]

Bournemouth's training ground is not of a great standard and yet they got promoted. I'd rather be a viable club than one going into liquidation because we felt selling a training ground was 'beneath us'

[thebish]

well - another friday seems to have come and just about gone - and still no administration...

[TKIZ!]

The 'panic fannies' haven't won yet!

[Lord Kangana]

As Lostock is a Category One academy we must spend £2.5m per year on it so I'm going to assume everything needed for the first team to be there as well? If possible it's surely worth considering that they can merge two sites into one considering the cost savings

We downgraded it to a Category Two this summer, but the point you are making is valid - it's certainly what I am clinging to.

Was just going to say the same. It's that darned EPPP again, pricing us out. BN report here: http://www.theboltonnews.co.uk/sport/13 ... h_academy/" onclick="window.open(this.href);return false;

The £2.5m costs of Category One include an insistence on employing no fewer than 18 full-time staff. (To save you the maths, if you purely divide those numbers the staff would be on £138,000 per year or £2,670 a week, but obviously there are many other costs to be included bar those wages.) I make no apologies for once again linking to this piece we did on the EPPP – I can't remember ever getting so enraged by something I've had to sub/edit.

Anyway, I don't think Lostock will be as well-equipped as Euxton but there is surely the possibility of combining the facilities. Given financial stability, it should be possible (I'm not saying probable) to upgrade Lostock as we go along.

Assuming we still have Lostock when the music stops.

[thebish]

aye - we're selling it all - Lostock and barrel!

[Lord Kangana]

Perhaps not as funny if it actually happens maybe.

[thebish]

The 'panic fannies' haven't won yet!

too right!!! not even the ones that are stuck together!

[Abdoulaye's Twin]

I bet it does! But a step back IMHO is administration! Then liquidation.

If the sale of the training ground prevents those two things happening, then so be it.

People are about to be pissed off. We've come acustomed to dining with royalty and shopping at Marks and Spencer and Laura Ashley (whilst maxing our credit card) when in reality we Shouldve been shopping at Tescos, Asda, and maybe even Aldis

In the name of thebish! - be alreet

The problem is more like we've been shopping in Primark but paying Harrods prices for the tat we've picked up.

[Lost Leopard Spot]

The 'panic fannies' haven't won yet!

It's not about winning TKIZ, as spokesperson for one faction of panic fannies (not the glum lot), we just need constant reassurance that the club still exists, and hasn't, like Mullah Omar, died a couple of years ago and been replaced by Farnworth United.

[I know, I know, fecking mixed metaphors. It happens when you're panicking].

[plymouth wanderer]

I bet it does! But a step back IMHO is administration! Then liquidation.

If the sale of the training ground prevents those two things happening, then so be it.

People are about to be pissed off. We've come acustomed to dining with royalty and shopping at Marks and Spencer and Laura Ashley (whilst maxing our credit card) when in reality we Shouldve been shopping at Tescos, Asda, and maybe even Aldis

In the name of thebish! - be alreet

The problem is more like we've been shopping in Primark but paying Harrods prices for the tat we've picked up.

Aye! We've been poorly run for a long time