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

Where fellow sufferers gather to share the pain, longing and unrequited transfer requests that make being a Wanderer what it is...

Moderator: Zulus Thousand of em

Post Reply
Riviman
Dedicated
Dedicated
Posts: 1117
Joined: Sat Jun 07, 2008 8:46 am
Location: Bolton

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Riviman » Tue Dec 06, 2016 1:48 pm

http://www.bwfc.co.uk/news/article/2016 ... 53634.aspx" onclick="window.open(this.href);return false;

Now holding his Q&A session next Tuesday , 13th, 7 - 8 pm in Platinum Suite.
I feel reborn !!!! No more confussion

boltonboris
Immortal
Immortal
Posts: 12963
Joined: Sat Jun 11, 2005 4:27 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by boltonboris » Tue Dec 06, 2016 2:08 pm

I won't hold my breath
"I've got the ball now. It's a bit worn, but I've got it"

Riviman
Dedicated
Dedicated
Posts: 1117
Joined: Sat Jun 07, 2008 8:46 am
Location: Bolton

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Riviman » Fri Dec 09, 2016 11:09 am

http://www.theboltonnews.co.uk/sport/wa ... Wanderers/" onclick="window.open(this.href);return false;

New hitch !!
Are we surprised??
I think not.
I feel reborn !!!! No more confussion

Worthy4England
Immortal
Immortal
Posts: 23081
Joined: Wed May 16, 2007 6:45 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Worthy4England » Fri Dec 09, 2016 11:20 am

Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
Outgoings outstripped income significantly at the time this loan was taken out. It was mentioned that this looked like a payday loan. The only way it could be serviced was outside investment of a longer term nature or out of the asset Base. Michael Knighton mk2.

Peter Thompson
Passionate
Passionate
Posts: 2076
Joined: Sun Jun 25, 2006 12:54 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Peter Thompson » Fri Dec 09, 2016 11:31 am

Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
This Blumarble loan was Holdsworth's doing though not KA

Bruce Rioja
Immortal
Immortal
Posts: 35509
Joined: Mon Jan 17, 2005 9:19 pm
Location: Drifting into the arena of the unwell.

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Bruce Rioja » Fri Dec 09, 2016 11:51 am

Peter Thompson wrote:
Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
This Blumarble loan was Holdsworth's doing though not KA
But if KA wants to buy DH out then he'll need to settle it, no?
May the bridges I burn light your way

BWFC_Insane
Immortal
Immortal
Posts: 25479
Joined: Mon Jul 09, 2007 4:07 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by BWFC_Insane » Fri Dec 09, 2016 12:09 pm

Bruce Rioja wrote:
Peter Thompson wrote:
Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
This Blumarble loan was Holdsworth's doing though not KA
But if KA wants to buy DH out then he'll need to settle it, no?
He needs to come to an agreement with them as DH can't sell his shares without Blumarble's say so.

It has been reported that one of the major reasons for the falling out between DH and KA was the terms of the loan that DH took out. Which lets face it we always knew were not good. But better than the alternative at the time.

I suspect he is trying to lengthen the term of the loan and also reduce the block they have in terms of sale of shares in the business. KA will have to pay that loan off but I suspect he'll do that with either a sale of the club or further investment.

What worries me a bit is a lot of this seems fine should we go up this year. Extra income and more attractive for a sale or investment. And KA seems to have investors to bridge us to the end of the season. What happens though if we don't go up?

boltonboris
Immortal
Immortal
Posts: 12963
Joined: Sat Jun 11, 2005 4:27 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by boltonboris » Fri Dec 09, 2016 12:22 pm

BWFC_Insane wrote:
Bruce Rioja wrote:
Peter Thompson wrote:
Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
This Blumarble loan was Holdsworth's doing though not KA
But if KA wants to buy DH out then he'll need to settle it, no?
He needs to come to an agreement with them as DH can't sell his shares without Blumarble's say so.

It has been reported that one of the major reasons for the falling out between DH and KA was the terms of the loan that DH took out. Which lets face it we always knew were not good. But better than the alternative at the time.

I suspect he is trying to lengthen the term of the loan and also reduce the block they have in terms of sale of shares in the business. KA will have to pay that loan off but I suspect he'll do that with either a sale of the club or further investment.

What worries me a bit is a lot of this seems fine should we go up this year. Extra income and more attractive for a sale or investment. And KA seems to have investors to bridge us to the end of the season. What happens though if we don't go up?
Knowing us, if we go up, there'll be a clause in the Blumarble terms to increase our interest rate
"I've got the ball now. It's a bit worn, but I've got it"

Worthy4England
Immortal
Immortal
Posts: 23081
Joined: Wed May 16, 2007 6:45 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Worthy4England » Fri Dec 09, 2016 12:51 pm

Bruce Rioja wrote:
Peter Thompson wrote:
Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
This Blumarble loan was Holdsworth's doing though not KA
But if KA wants to buy DH out then he'll need to settle it, no?
Maybe, because whilst the facility agreement was to Sports Shield BWFC Ltd (Prop and sole Director, D.Holdsworth), it was signed by Burnden Leisure. I'm not sure on what planet this has just become apparent, the paperwork has been online for months (without the detail of the amounts etc.)

Harry Genshaw
Legend
Legend
Posts: 6934
Joined: Sun Nov 13, 2005 10:47 pm
Location: Half dead in Panama

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Harry Genshaw » Fri Dec 09, 2016 1:05 pm

Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
That's outrageous! The bloke's hair who is stood next to Ken. What a tw*t
"Get your feet off the furniture you Oxbridge tw*t. You're not on a feckin punt now you know"

TonyDomingos
Dedicated
Dedicated
Posts: 1940
Joined: Fri Jul 13, 2007 9:27 pm
Location: Sarf East London

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by TonyDomingos » Fri Dec 09, 2016 4:54 pm

Deanno has now issued a statement.

Bolton Wanderers Football Club Joint Owner and Director, Dean Holdsworth, has issued a statement regarding recent public speculations.

“Over recent weeks there have been many published articles highlighting certain issues within the club. It would preferable to all that the current situation be resolved and that is what I plan to achieve. However, until that time, I believe that the constant need for press attention and making ‘headlines’ for certain people is not benefiting the manager, the team, the fans or any of the people who work at the club. They have all been through so much and this will not help.”
“I have read reports and stories, some that are factually wrong in cases, that are of no help to anyone. There are of course confidentiality agreements in place as standard practice and they need to be adhered to. Washing the clubs business in newspapers is not the professional way.”

“We will continue to work to secure the football club’s future. In the meantime, it would be far better in my opinion, that the team make the ‘headlines’, the manager and his staff have done a great job so far with the players and long may it continue.”

“As always, stronger together.”
Às armas, às armas!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!

User avatar
Dave Sutton's barnet
Immortal
Immortal
Posts: 16740
Joined: Sun May 14, 2006 4:00 pm
Location: Hanging on in quiet desperation
Contact:

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Dave Sutton's barnet » Fri Dec 09, 2016 9:29 pm

Bit snarky but he's right

officer_dibble
Legend
Legend
Posts: 8204
Joined: Sun Oct 17, 2004 9:33 pm
Location: Leeds

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by officer_dibble » Sat Dec 10, 2016 8:41 am

I agree. And to be honest I havent said much on all this recentley because it really isn't clear what the facts are, though I know other sites have ran their own versions of events, as have the trust.

What I would say is Deano was quite happy using Iles when he was after buying the club, with what appears to be a payday loan...

Andy Waller
Dedicated
Dedicated
Posts: 1469
Joined: Tue Nov 01, 2011 1:05 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Andy Waller » Sat Dec 10, 2016 10:30 am

Harry Genshaw wrote:
Riviman wrote:http://www.theboltonnews.co.uk/sport/wa ... Wanderers/

New hitch !!
Are we surprised??
I think not.
That's outrageous! The bloke's hair who is stood next to Ken. What a tw*t
I personally regard Ken's hair with great suspicion...
What a hero, What a man...... Ooooh, what a bad foul...

Peter Thompson
Passionate
Passionate
Posts: 2076
Joined: Sun Jun 25, 2006 12:54 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Peter Thompson » Sat Dec 10, 2016 1:39 pm

officer_dibble wrote:I agree. And to be honest I havent said much on all this recentley because it really isn't clear what the facts are, though I know other sites have ran their own versions of events, as have the trust.

What I would say is Deano was quite happy using Iles when he was after buying the club, with what appears to be a payday loan...
I think that he's having a pop at Ken, but Holdsworth should really keep his mouth shut until he's willing to invest some of his own money.

BWFC_Insane
Immortal
Immortal
Posts: 25479
Joined: Mon Jul 09, 2007 4:07 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by BWFC_Insane » Tue Dec 13, 2016 1:04 pm

January is looking bigger and bigger now. And the issue we have (IMO) is the embargo, which seems unlikely to be close to being lifted during the month.

Forget money issues or ownership struggles, the form of some of our players means there may be big money coming in, money that is hard to turn down realistically as a league one club. Whilst normally this would be bad news, but at least provide funds to strengthen and try and maintain a promotion bid, in our situation, under embargo it really would be derailing. Even with the cash we'd not be able to use it. And simply would be weakening the squad and hoping we can loan another one or two at best.

I've been pretty patient with Ken et al, but I think questions need asking tonight (I'm away so can't make it) about why, an embargo that initially was going by May, still sits over us and sees no sign of going. I mean we know the mechanics of why, but given he and Dean own the club, we need to know why they can't sort it together in the short term or why Ken can't progress on his own with an agreement to buy Deano's shares.

If we keep everyone in January then being under embargo matters very little, as I assume we'd only be dealing in loans anyway without a cash injection. But should one or two be snapped up, the embargo would suddenly be a massive problem for Parky's plans I imagine.

User avatar
Dave Sutton's barnet
Immortal
Immortal
Posts: 16740
Joined: Sun May 14, 2006 4:00 pm
Location: Hanging on in quiet desperation
Contact:

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Dave Sutton's barnet » Tue Dec 13, 2016 1:52 pm

From Ken's programme notes, per BN.
There seems to be a great deal of media speculation and radio interviews taking place at the moment where the comments being aired are very wide of the mark.

I find it very disappointing that people who should know better are making speculative and misinformed comments and allegations.

At no time have I ever given Dean Holdsworth an ultimatum that unless he sells me his shares, that I would put the club and associated businesses into administration. What I actually asked Dean was if he would fund the business going forward pro rata to our shareholdings with me, but unfortunately he declined to do so.

I am fully aware that there is a great deal of other information that you would like to know now, including an update on the late filing of the accounts, the transfer embargo and my personal background, which I aim to be able to share with you all at the Q&A meeting tomorrow evening. I hope to see as many of you there as possible.

Peter Thompson
Passionate
Passionate
Posts: 2076
Joined: Sun Jun 25, 2006 12:54 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by Peter Thompson » Tue Dec 13, 2016 2:07 pm

The financial issues at the moment are all down to Holdsworth & his Blumarble loan....

bristol_Wanderer3
Dedicated
Dedicated
Posts: 1667
Joined: Tue Apr 10, 2007 8:53 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by bristol_Wanderer3 » Tue Dec 13, 2016 3:37 pm

Q&A will be very interesting. Not going to make a round trip of 360 miles for it but very tempted. The latest BEN article suggests the deal with Holdsworth might not happen due to the Blumarble terms. It doesn't indicate there is an imminent solution to the issue. KA has said that if the deal doesn't happen there will be administration. Maybe the apparent agreement of DH to the deal changes that and KA and his backers will provide funding? A decision must be reached soon for we surely must have to submit statutory accounts and other paperwork very soon?

BWFC_Insane
Immortal
Immortal
Posts: 25479
Joined: Mon Jul 09, 2007 4:07 pm

Re: Ken Anderson - New Owner (Definitely. For Now ..... )

Post by BWFC_Insane » Tue Dec 13, 2016 5:54 pm

bristol_Wanderer3 wrote:Q&A will be very interesting. Not going to make a round trip of 360 miles for it but very tempted. The latest BEN article suggests the deal with Holdsworth might not happen due to the Blumarble terms. It doesn't indicate there is an imminent solution to the issue. KA has said that if the deal doesn't happen there will be administration. Maybe the apparent agreement of DH to the deal changes that and KA and his backers will provide funding? A decision must be reached soon for we surely must have to submit statutory accounts and other paperwork very soon?
Well, KA refutes that he has threatened administration.

Who is online

Users browsing this forum: No registered users and 13 guests