Ken Anderson - Old Owner (Definitely. For Ever ..... )

[Dave Sutton's barnet]

KEN KLAXON

https://www.bwfc.co.uk/news/2019/may/a- ... -chairman/

When Dean Holdsworth and l first got involved with the club three years ago, l recall the late Eddie Davies telling me that ‘he had over 50 expressions of interest, mostly from dreamers and tyre kickers, who had indeed wasted a great deal of everyone’s time.’

Unfortunately, three years on and nothing seems to have changed.

Mr Bassini has failed to provide any adequate and acceptable proof of current and future funding to the EFL, the other secured creditors or me despite him keep telling the media, and anyone else that listens, that he has the ability to perform since early March when first discussions were held with him and his advisors.

His failure to perform has actually caused far greater hardship to the staff than would have occurred if he had not given undertakings he clearly cannot honour. For this I am deeply sorry and offer my apologies to the hard working staff of both the football club and Whites Hotel.

It is very disappointing that despite all of this he continues to make false accusations and promises, which are very misleading.

The question I have been asked is why, given the numerous warnings, I entertained an approach from Mr Bassini, in hindsight this has proved a mistake. However, at the time the only alternative was to place the business in to administration, I felt giving him the opportunity to complete the deal was worth the risk of delaying this process by a few days, which unfortunately became weeks.

I really had no idea that the club, my family and myself would be dragged through the media in such tawdry manner, whilst Mr Bassini seems to show no regard for his own reputation. His continued inaccurate outbursts to anyone that waves a microphone at him have been both damaging and in the most wholly inaccurate.

Mr Bassini, regrettably his continued time wasting and empty promises have caused a great deal of heartache and frustration for the staff and supporters alike and now leave the Eddie Davies Trust and I with little or no choice other than for one of us to place the businesses into administration, as any likelihood of finding any resolution the High Court hearing not possible.

This had been a massive disappointment to me as I understand the serious implications administration will bring to the businesses. But I have been left with no alternative, as this course of action will preserve the football club and all of its proud history.

I would like to thank all my colleagues at Bolton Wanderers and Bolton Whites for all their hard work during my tenure as Chairman and owner. Whilst it is easy to focus on the negatives, the positives will leave me with some fond memories. I wish nothing but the very best for everybody connected with this football club and I have no doubt whatsoever that this great football club will once again stand shoulder to shoulder with the giants of the game.

Ken

[Jim_McDonuts]

well well ^^
https://bit.ly/2H8eomM
'chairman's notes'
or
'The Ken'n'Eddie Show'

So, admin then...

oops, Soz, DSB

[Hoboh]

At least if admin we may find out the true scale of assets and liabilities, a few shocks along the way methinks.

[Jim_McDonuts]

all gone quiet - "too quiet Carruthers"

[Jim_McDonuts]

[Dave Sutton's barnet]

LOV:

"14 day adjournment. 22 Nay. Judge saying he has no idea why Anderson not being represented. Fikdraw asjed for admin."

[Worthy4England]

They still seem to be playing "chicken" between the parties as to who exactly calls Admin (and funds it). Feels like someone needs to lock them in a room and not let them out, until it's resolved...

[Dave Sutton's barnet]

They still seem to be playing "chicken" between the parties as to who exactly calls Admin (and funds it). Feels like someone needs to lock them in a room and not let them out, until it's resolved...

Looks like Fildraw have

Of course Ken wouldn't pay, the worthless waste of blood

[Worthy4England]

Fildraw asked for adjournment apparently. Anderson couldn't be arsed sending anyone. What a cnut.

[Jim_McDonuts]

"worthless waste of blood" may be the best one yet

[Dave Sutton's barnet]

Fildraw asked for adjournment apparently. Anderson couldn't be arsed sending anyone. What a cnut.

But he certainly could be arsed to prepare a bully-pulpit column doling out blame and attempting to bogart the applause ("...leave the Eddie Davies Trust and I with little or no choice other than for one of us to place the businesses into administration").

Even as he prepared those notes, he was covering himself just in case he had to trigger admin but calculating that he could make the Trust blink before he did, because they have a soul.

Utterly abhorrent man.

[Jim_McDonuts]

Hotel admin too - Prescott opposing HMRC

[Bruce Rioja]

So, still in 4ucking limbo then?! Lovely.

[Worthy4England]

Fildraw asked for adjournment apparently. Anderson couldn't be arsed sending anyone. What a cnut.

But he certainly could be arsed to prepare a bully-pulpit column doling out blame and attempting to bogart the applause ("...leave the Eddie Davies Trust and I with little or no choice other than for one of us to place the businesses into administration").

Even as he prepared those notes, he was covering himself just in case he had to trigger admin but calculating that he could make the Trust blink before he did, because they have a soul.

Utterly abhorrent man.

All of this and more. Wonder if he deliberately sent no one to represent the Club, so Flidraw had no one to talk to, thus leaving them with a decision to make? That would be where my money lay.

[Dave Sutton's barnet]

Hotel admin too - Prescott opposing HMRC

Notice of intent to appoint an administrator filed by Prescott - is that Mike James's lot?

[Jim_McDonuts]

Overwhelming sense of nausea

[Worthy4England]

Hotel admin too - Prescott opposing HMRC

Notice of intent to appoint an administrator filed by Prescott - is that Mike James's lot?

Yes - they have security over the hotel. Davies trust over the rest of it. (Apart from bit of land that Warburton is secured against)

[Jim_McDonuts]

So has he gone then?

[Prufrock]

Fildraw asked for adjournment apparently. Anderson couldn't be arsed sending anyone. What a cnut.

But he certainly could be arsed to prepare a bully-pulpit column doling out blame and attempting to bogart the applause ("...leave the Eddie Davies Trust and I with little or no choice other than for one of us to place the businesses into administration").

Even as he prepared those notes, he was covering himself just in case he had to trigger admin but calculating that he could make the Trust blink before he did, because they have a soul.

Utterly abhorrent man.

The man's a k*nt.

Admin and a fresh start probably the best in the long run. Not sure I could've faced another few years of that shitshow with a different clown in charge.

I'm more than happy for us to live within our means and sit out the current insane arms race. Stay up next year (assuming we get solid rogering points wise before we've started. Then aim for a sustainable promotion push. Even within our means we dwarf the income of at least 3/4s of League 1.

[Dave Sutton's barnet]

Overwhelming sense of nausea

Let's see what shakes down from it. Unless Fildraw/EDT were using the note of intent as a time-saver without serious intention - surely an immensely risky idea - then things should start moving now, presumably starting with the actual appointment of an administrator. The sooner and quicker it happens the less it costs, right?

"six weeks" has been bandied about as admin length; takes us to mid/late June. Add in possible embargo (not from signing players per se but from paying fees) and we might be really struggling to get a workable squad.