Sports Shield - New Owners (Probably)
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Re: Sports Shield - New Owners (Probably)
Waiting for PT to come and tell me the fall out is all in my imagination and Iles was making it all up in the summer......TonyDomingos wrote:Administration next month unless Ken & Dean can strike a deal.
http://www.theboltonnews.co.uk/sport/wa ... room_deal/" onclick="window.open(this.href);return false;
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Re: Sports Shield - New Owners (Probably)
Would you rather be right or happy?BWFC_Insane wrote:Waiting for PT to come and tell me the fall out is all in my imagination and Iles was making it all up in the summer......TonyDomingos wrote:Administration next month unless Ken & Dean can strike a deal.
http://www.theboltonnews.co.uk/sport/wa ... room_deal/" onclick="window.open(this.href);return false;
From where I sit, this looks like a naked publicity stunt from Ken to shunt blame onto Deano – even though he says "If I don't put the money in, or Dean, then the club won't get to the end of next month."
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Re: Sports Shield - New Owners (Probably)
UPDATE: Ken's now claiming a deal has been struck. See same link.
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Re: Sports Shield - New Owners (Probably)
I think I'll be both. Am sure like you say this is a negotiating tactic. And Ken will sort it, whatever that means. Though the long term viability of our ownership is once again brought into question here. Presumably we still need considerable amounts of cash to cover operating costs monthly....how long does any deal between KA and Deano give us before the issue rears its ugly head again?Dave Sutton's barnet wrote:Would you rather be right or happy?BWFC_Insane wrote:Waiting for PT to come and tell me the fall out is all in my imagination and Iles was making it all up in the summer......TonyDomingos wrote:Administration next month unless Ken & Dean can strike a deal.
http://www.theboltonnews.co.uk/sport/wa ... room_deal/" onclick="window.open(this.href);return false;
From where I sit, this looks like a naked publicity stunt from Ken to shunt blame onto Deano – even though he says "If I don't put the money in, or Dean, then the club won't get to the end of next month."
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Re: Sports Shield - New Owners (Probably)
Suspect Deano doesn't have enough to cover his share and Ken wont cover it unless he gets a greater share/complete ownership. Otherwise Ken buying Deano out would leave him less money to cover the outgoings.
Either way the plan approved by the EFL to see us through the season (and next?) was complete bollocks.
Either way the plan approved by the EFL to see us through the season (and next?) was complete bollocks.
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Re: Sports Shield - New Owners (Probably)
Why does it have to be a fall out ?, business is business - I may be wrong but reading between the lines it sounds like KA has the required money to invest, but it seems that DH doesn't so if DH can't match KA's further investment, then KA wants DH out or wants to buy DH's shareholding, which to be honest is fair enough.BWFC_Insane wrote:Waiting for PT to come and tell me the fall out is all in my imagination and Iles was making it all up in the summer......TonyDomingos wrote:Administration next month unless Ken & Dean can strike a deal.
http://www.theboltonnews.co.uk/sport/wa ... room_deal/" onclick="window.open(this.href);return false;
If KA is the only one prepared to put in the required additional funds then I can understand him wanting DH's shareholding....and DH should understand that if he hasn't got any more money.
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Re: Sports Shield - New Owners (Probably)
Feels like this could be a recurring issue. Fundamentally they are both not wealthy enough to cover the financial risks at a club like this. If they can't resolve things I could see us selling Clough to stave off administration till the summer. If they could get through this particular disagreement, there might never be an issue. We just need one signing in January (a striker) to be likely to get promoted and income would increase, and with high most of our highest earners due to end their contracts this summer, costs could be managed, and the team even improved to be competitive in the championship. Then there would be time to find extra investment also...
Re: Sports Shield - New Owners (Probably)
I wish I shared your optimism! This has been coming all along. An enthusiastic amateur and an agent who was considered unfit to be a director. Add in the constant lies and misinformation and it's not in the least bit surprising, although I don't see the point of guessing who's got what and who's to blame as I don't have a clue.bristol_Wanderer3 wrote:Feels like this could be a recurring issue. Fundamentally they are both not wealthy enough to cover the financial risks at a club like this. If they can't resolve things I could see us selling Clough to stave off administration till the summer. If they could get through this particular disagreement, there might never be an issue. We just need one signing in January (a striker) to be likely to get promoted and income would increase, and with high most of our highest earners due to end their contracts this summer, costs could be managed, and the team even improved to be competitive in the championship. Then there would be time to find extra investment also...
It does sound like DSB says in terms of KA trying to publically blame/bully DH into an agreement.
Essentially we know nothing, which is why the ST have been quite right to keep pushing for answers, whatever you might think of them.
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Re: Sports Shield - New Owners (Probably)
If selling players was our only income option to stave off Admin, we'd need to flog £8m worth of players to get to the start of next season. That won't happen
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Re: Sports Shield - New Owners (Probably)
Read Marc Iles Twitter. He has quotes from Deano. And an article tomorrow about the fall out.Peter Thompson wrote:Why does it have to be a fall out ?, business is business - I may be wrong but reading between the lines it sounds like KA has the required money to invest, but it seems that DH doesn't so if DH can't match KA's further investment, then KA wants DH out or wants to buy DH's shareholding, which to be honest is fair enough.BWFC_Insane wrote:Waiting for PT to come and tell me the fall out is all in my imagination and Iles was making it all up in the summer......TonyDomingos wrote:Administration next month unless Ken & Dean can strike a deal.
http://www.theboltonnews.co.uk/sport/wa ... room_deal/" onclick="window.open(this.href);return false;
If KA is the only one prepared to put in the required additional funds then I can understand him wanting DH's shareholding....and DH should understand that if he hasn't got any more money.
They've fallen out. As was reported in the summer. Widely.
Oh and Lee Anderson is throughly endorsing Marc Iles. Telling fans he is honestly reporting events and for everyone to watch his Twitter.
Re: Sports Shield - New Owners (Probably)
Are Bolton the football version of UKIP? Any gobby scousers out there with a wad of cash? Even better if it's legit.BWFC_Insane wrote:Read Marc Iles Twitter. He has quotes from Deano. And an article tomorrow about the fall out.Peter Thompson wrote:Why does it have to be a fall out ?, business is business - I may be wrong but reading between the lines it sounds like KA has the required money to invest, but it seems that DH doesn't so if DH can't match KA's further investment, then KA wants DH out or wants to buy DH's shareholding, which to be honest is fair enough.BWFC_Insane wrote:Waiting for PT to come and tell me the fall out is all in my imagination and Iles was making it all up in the summer......TonyDomingos wrote:Administration next month unless Ken & Dean can strike a deal.
http://www.theboltonnews.co.uk/sport/wa ... room_deal/" onclick="window.open(this.href);return false;
If KA is the only one prepared to put in the required additional funds then I can understand him wanting DH's shareholding....and DH should understand that if he hasn't got any more money.
They've fallen out. As was reported in the summer. Widely.
Oh and Lee Anderson is throughly endorsing Marc Iles. Telling fans he is honestly reporting events and for everyone to watch his Twitter.
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Re: Sports Shield - New Owners (Probably)
Not sure we are losing £1m a month these days. That was last season, but the wage bill and costs were cut substantially when KA/DH took over, and in the summer. And the point of staving off administration would be to avoid the 10 point penalty and see this season out i.e. get to May. Without a penalty we are very likely to make the play offs as a minimum, even without Clough from January, though it would weaken us drastically.boltonboris wrote:If selling players was our only income option to stave off Admin, we'd need to flog £8m worth of players to get to the start of next season. That won't happen
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Re: Sports Shield - New Owners (Probably)
Football club ownership is almost all about ego. Unless Ken is simply leveraging the situation by screwing Deano over the cost of his share, it seems neither of these two has sufficient trouser to cover the cost.
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Re: Sports Shield - New Owners (Probably)
Your unless seems pretty likely to me.Dave Sutton's barnet wrote:Football club ownership is almost all about ego. Unless Ken is simply leveraging the situation by screwing Deano over the cost of his share, it seems neither of these two has sufficient trouser to cover the cost.
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Re: Sports Shield - New Owners (Probably)
This.LeverEnd wrote:I wish I shared your optimism! This has been coming all along. An enthusiastic amateur and an agent who was considered unfit to be a director. Add in the constant lies and misinformation and it's not in the least bit surprising, although I don't see the point of guessing who's got what and who's to blame as I don't have a clue.bristol_Wanderer3 wrote:Feels like this could be a recurring issue. Fundamentally they are both not wealthy enough to cover the financial risks at a club like this. If they can't resolve things I could see us selling Clough to stave off administration till the summer. If they could get through this particular disagreement, there might never be an issue. We just need one signing in January (a striker) to be likely to get promoted and income would increase, and with high most of our highest earners due to end their contracts this summer, costs could be managed, and the team even improved to be competitive in the championship. Then there would be time to find extra investment also...
It does sound like DSB says in terms of KA trying to publically blame/bully DH into an agreement.
Essentially we know nothing, which is why the ST have been quite right to keep pushing for answers, whatever you might think of them.
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Re: Sports Shield - New Owners (Probably)
Iles tweets:
Just spoke to DH, who says no deal yet finalised. But added: "I can't let it get to the stage where people's jobs are under threat."
He added: "I do not want to leave. But this is not about me winning or losing. Club belongs to fans. We will see what happens."
Just spoke to DH, who says no deal yet finalised. But added: "I can't let it get to the stage where people's jobs are under threat."
He added: "I do not want to leave. But this is not about me winning or losing. Club belongs to fans. We will see what happens."
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Re: Sports Shield - New Owners (Probably)
I'm not as pessimistic as some. Anderson has so far delivered well, he's not come in here to walk away having lost money. So I'm positive he feels he can fund the club until he brings in further investment or sell it on.
I think the issue all along has been that the deal between himself and Deano was last minute and it sounds like Ken brought his cash on his own terms and Deano didn't like it. Or perhaps Deano simply was planning on running the club on fumes and Ken had other ideas and wanted to cut him out.
The fact we've functioned with a boardroom war going on and managed to do what we have is quite remarkable. Hopefully they sort it out. I feel Deano will have to back down here. Ken has probably like he did with the negotiation for Parkinson, played a blinder.
I think the issue all along has been that the deal between himself and Deano was last minute and it sounds like Ken brought his cash on his own terms and Deano didn't like it. Or perhaps Deano simply was planning on running the club on fumes and Ken had other ideas and wanted to cut him out.
The fact we've functioned with a boardroom war going on and managed to do what we have is quite remarkable. Hopefully they sort it out. I feel Deano will have to back down here. Ken has probably like he did with the negotiation for Parkinson, played a blinder.
Re: Sports Shield - New Owners (Probably)
I'm in on this way of thinking.BWFC_Insane wrote:I'm not as pessimistic as some. Anderson has so far delivered well, he's not come in here to walk away having lost money. So I'm positive he feels he can fund the club until he brings in further investment or sell it on.
I think the issue all along has been that the deal between himself and Deano was last minute and it sounds like Ken brought his cash on his own terms and Deano didn't like it. Or perhaps Deano simply was planning on running the club on fumes and Ken had other ideas and wanted to cut him out.
The fact we've functioned with a boardroom war going on and managed to do what we have is quite remarkable. Hopefully they sort it out. I feel Deano will have to back down here. Ken has probably like he did with the negotiation for Parkinson, played a blinder.
Too many are too quick to jump to conclusions and think that Anderson hasn't got the club at heart.
Re: Sports Shield - New Owners (Probably)
I don't think for a minute that he's got the club at heart. I expect he has his bank balance at heart, which is fine because to improve it he'll have to improve the club. The question is whether he's playing financial games and gambling the stability of the club.Can't say either way, but we'll find out if he is and loses.DJBlu wrote:I'm in on this way of thinking.BWFC_Insane wrote:I'm not as pessimistic as some. Anderson has so far delivered well, he's not come in here to walk away having lost money. So I'm positive he feels he can fund the club until he brings in further investment or sell it on.
I think the issue all along has been that the deal between himself and Deano was last minute and it sounds like Ken brought his cash on his own terms and Deano didn't like it. Or perhaps Deano simply was planning on running the club on fumes and Ken had other ideas and wanted to cut him out.
The fact we've functioned with a boardroom war going on and managed to do what we have is quite remarkable. Hopefully they sort it out. I feel Deano will have to back down here. Ken has probably like he did with the negotiation for Parkinson, played a blinder.
Too many are too quick to jump to conclusions and think that Anderson hasn't got the club at heart.
Negotiating for a manager or player loan deals is his bread and butter and he played a blinder as BWFCi says, but there's a lot more than that about running a club in a stable long-term way and we have no idea how capable he is of that.
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Re: Sports Shield - New Owners (Probably)
Agree. But then I'm not sure he intends to fund it long. I'm positive he has some investors lined up somewhere along the line.LeverEnd wrote:I don't think for a minute that he's got the club at heart. I expect he has his bank balance at heart, which is fine because to improve it he'll have to improve the club. The question is whether he's playing financial games and gambling the stability of the club.Can't say either way, but we'll find out if he is and loses.DJBlu wrote:I'm in on this way of thinking.BWFC_Insane wrote:I'm not as pessimistic as some. Anderson has so far delivered well, he's not come in here to walk away having lost money. So I'm positive he feels he can fund the club until he brings in further investment or sell it on.
I think the issue all along has been that the deal between himself and Deano was last minute and it sounds like Ken brought his cash on his own terms and Deano didn't like it. Or perhaps Deano simply was planning on running the club on fumes and Ken had other ideas and wanted to cut him out.
The fact we've functioned with a boardroom war going on and managed to do what we have is quite remarkable. Hopefully they sort it out. I feel Deano will have to back down here. Ken has probably like he did with the negotiation for Parkinson, played a blinder.
Too many are too quick to jump to conclusions and think that Anderson hasn't got the club at heart.
Negotiating for a manager or player loan deals is his bread and butter and he played a blinder as BWFCi says, but there's a lot more than that about running a club in a stable long-term way and we have no idea how capable he is of that.
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