Administration and recovery

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

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DJBlu
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Re: Administration and recovery

Post by DJBlu » Sat Jul 20, 2019 2:01 pm

How long do we go on waiting for the miracle cure?

It's not coming. FV have less cash than KA.

I think this is the end people.

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Lost Leopard Spot
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Re: Administration and recovery

Post by Lost Leopard Spot » Sat Jul 20, 2019 2:02 pm

BWFC_Insane wrote:
Fri Jul 19, 2019 9:26 pm
Lost Leopard Spot wrote:
Fri Jul 19, 2019 6:41 pm
BWFC_Insane wrote:
Fri Jul 19, 2019 6:35 pm
I will say again. FV were required to show proof of funds to buy the club from admin and pay off
Creditors. They did this.

They then had to show a business plan for two years of running costs to the EFL. I have never claimed they showed two years worth of cash. Just a business plan that was acceptable to EFL.
You said they had cash in a bank account. You also said it was cash not credit notes. I can't be bothered to look it up and repost it...
Let me say this slowly....and only once more....

There are two separate parts..

1) buying the club from administrators. This requires proof of funds. Which amounts to proving the money is there in a bank account. This has to be done ahead of HoTs as it stops administrators wasting time when funds are not in place....

Administrators absolutely need to see the money....
I'll say this for the last time too...

You can say it as slowly as you like.
You're still talking BULLSHIT.
The administrators have not seen, nor counted cash in a bank account that will buy the club from the administrators. They've seen plans and credit notes, with two million pound cash at max.
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Lost Leopard Spot
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Re: Administration and recovery

Post by Lost Leopard Spot » Sat Jul 20, 2019 2:03 pm

DJBlu wrote:
Sat Jul 20, 2019 2:01 pm
How long do we go on waiting for the miracle cure?

It's not coming. FV have less cash than KA.

I think this is the end people.
I agree.
That's not a leopard!
頑張ってください

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Lost Leopard Spot
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Re: Administration and recovery

Post by Lost Leopard Spot » Sat Jul 20, 2019 2:04 pm

Bruce Rioja wrote:
Fri Jul 19, 2019 6:53 pm
Lost Leopard Spot wrote:
Fri Jul 19, 2019 6:41 pm
BWFC_Insane wrote:
Fri Jul 19, 2019 6:35 pm
I will say again. FV were required to show proof of funds to buy the club from admin and pay off
Creditors. They did this.

They then had to show a business plan for two years of running costs to the EFL. I have never claimed they showed two years worth of cash. Just a business plan that was acceptable to EFL.
You said they had cash in a bank account. You also said it was cash not credit notes. I can't be bothered to look it up and repost it...
Has anybody mentioned circularity in relation to your tedious squabble? ;)
Did I not? I thought I'd mentioned it at least five times! :(
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Bijou Bob
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Re: Administration and recovery

Post by Bijou Bob » Sun Jul 21, 2019 6:38 pm

Having no clue about company financials, am I a million miles off here, in suspecting that the reason the hotel deal is holding things up, is an intention by the eventual owners to mortgage the hotel and any assets in order to provide both running capital and a hefty early personal return (AKA doing a Deano)??
Remember that you are an Englishman, and have consequently won first prize in the lottery of life.

Jakerbeef
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Re: Administration and recovery

Post by Jakerbeef » Sun Jul 21, 2019 8:24 pm

Lost Leopard Spot wrote:
Sat Jul 20, 2019 2:03 pm
DJBlu wrote:
Sat Jul 20, 2019 2:01 pm
How long do we go on waiting for the miracle cure?

It's not coming. FV have less cash than KA.

I think this is the end people.
I agree.
Me three. We've had our chips.

Bertie Wooster
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Re: Administration and recovery

Post by Bertie Wooster » Sun Jul 21, 2019 8:38 pm

Jakerbeef wrote:
Sun Jul 21, 2019 8:24 pm
Lost Leopard Spot wrote:
Sat Jul 20, 2019 2:03 pm
DJBlu wrote:
Sat Jul 20, 2019 2:01 pm
How long do we go on waiting for the miracle cure?

It's not coming. FV have less cash than KA.

I think this is the end people.
I agree.
Me three. We've had our chips.
This is only my opinion, not like the 'I'll pretend I'm ITK I know more than all the rest of you' Insane poster, but I think that it'll be sorted by Weds. It may just be wishful thinking & if its not done by Weds we are probably screwed - but positive thinking until Weds for me.

Jim_McDonuts
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Re: Administration and recovery

Post by Jim_McDonuts » Sun Jul 21, 2019 10:11 pm

Gulp

Harry Genshaw
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Re: Administration and recovery

Post by Harry Genshaw » Sun Jul 21, 2019 11:21 pm

An open invitation from Laurence to meet him by the statue at 6.30pm tomorrow and ask any questions you like.

Anyone going? :|
"Get your feet off the furniture you Oxbridge tw*t. You're not on a feckin punt now you know"

malcd1
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Re: Administration and recovery

Post by malcd1 » Mon Jul 22, 2019 8:19 am

Harry Genshaw wrote:
Sun Jul 21, 2019 11:21 pm
An open invitation from Laurence to meet him by the statue at 6.30pm tomorrow and ask any questions you like.

Anyone going? :|

I might just to tell him to feck off.
Do not trust atoms. They make up everything.

Bruce Rioja
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Re: Administration and recovery

Post by Bruce Rioja » Mon Jul 22, 2019 9:21 am

malcd1 wrote:
Mon Jul 22, 2019 8:19 am
Harry Genshaw wrote:
Sun Jul 21, 2019 11:21 pm
An open invitation from Laurence to meet him by the statue at 6.30pm tomorrow and ask any questions you like.

Anyone going? :|

I might just to tell him to feck off.
The man's fecking batshit bonkers.
May the bridges I burn light your way

Worthy4England
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Re: Administration and recovery

Post by Worthy4England » Mon Jul 22, 2019 10:50 am

Bruce Rioja wrote:
Mon Jul 22, 2019 9:21 am
malcd1 wrote:
Mon Jul 22, 2019 8:19 am
Harry Genshaw wrote:
Sun Jul 21, 2019 11:21 pm
An open invitation from Laurence to meet him by the statue at 6.30pm tomorrow and ask any questions you like.

Anyone going? :|

I might just to tell him to feck off.
The man's fecking batshit bonkers.
Just as long as it's not "He's Bolton, he's barmy, he's off his fooking head"

Bruce Rioja
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Re: Administration and recovery

Post by Bruce Rioja » Mon Jul 22, 2019 11:14 am

Iles (the shitty-shoe bastard) is claiming that the takeover's 'tantalisingly within reach' now that Cunto Kenny's agreed an amount.

Once again, let's hope so.

https://www.theboltonnews.co.uk/sport/1 ... -takeover/
May the bridges I burn light your way

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Lost Leopard Spot
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Re: Administration and recovery

Post by Lost Leopard Spot » Mon Jul 22, 2019 11:48 am

Harry Genshaw wrote:
Sun Jul 21, 2019 11:21 pm
An open invitation from Laurence to meet him by the statue at 6.30pm tomorrow and ask any questions you like.

Anyone going? :|
Who's Laurence?
That's not a leopard!
頑張ってください

Bruce Rioja
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Re: Administration and recovery

Post by Bruce Rioja » Mon Jul 22, 2019 11:55 am

Lost Leopard Spot wrote:
Mon Jul 22, 2019 11:48 am
Harry Genshaw wrote:
Sun Jul 21, 2019 11:21 pm
An open invitation from Laurence to meet him by the statue at 6.30pm tomorrow and ask any questions you like.

Anyone going? :|
Who's Laurence?
This particular skint-member

https://companycheck.co.uk/director/916 ... NI/summary
May the bridges I burn light your way

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Lost Leopard Spot
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Re: Administration and recovery

Post by Lost Leopard Spot » Mon Jul 22, 2019 12:10 pm

Bruce Rioja wrote:
Mon Jul 22, 2019 11:55 am
Lost Leopard Spot wrote:
Mon Jul 22, 2019 11:48 am
Harry Genshaw wrote:
Sun Jul 21, 2019 11:21 pm
An open invitation from Laurence to meet him by the statue at 6.30pm tomorrow and ask any questions you like.

Anyone going? :|
Who's Laurence?
This particular skint-member

https://companycheck.co.uk/director/916 ... NI/summary
Oh, him.
That's not a leopard!
頑張ってください

Harry Genshaw
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Re: Administration and recovery

Post by Harry Genshaw » Mon Jul 22, 2019 12:18 pm

Bruce Rioja wrote:
Mon Jul 22, 2019 11:14 am
Iles (the shitty-shoe bastard) is claiming that the takeover's 'tantalisingly within reach' now that Cunto Kenny's agreed an amount.

Once again, let's hope so.

https://www.theboltonnews.co.uk/sport/1 ... -takeover/
For a long time I was quite supportive of Ken. Hoping he'd leave us in a better state than which he found us and if that meant him making a bit of a butty for himself, then no problem.

What appears to be happening, to my untrained eye, is that he's leaving us in a far worse position on and off the field AND by manipulation of events he's going to walk off into the sunset with several million quid profit.

The man's an utter c*nt and I can only hope karma deals him a good one pretty soon.
"Get your feet off the furniture you Oxbridge tw*t. You're not on a feckin punt now you know"

BWFC_Insane
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Re: Administration and recovery

Post by BWFC_Insane » Mon Jul 22, 2019 12:39 pm

Harry Genshaw wrote:
Mon Jul 22, 2019 12:18 pm
Bruce Rioja wrote:
Mon Jul 22, 2019 11:14 am
Iles (the shitty-shoe bastard) is claiming that the takeover's 'tantalisingly within reach' now that Cunto Kenny's agreed an amount.

Once again, let's hope so.

https://www.theboltonnews.co.uk/sport/1 ... -takeover/
For a long time I was quite supportive of Ken. Hoping he'd leave us in a better state than which he found us and if that meant him making a bit of a butty for himself, then no problem.

What appears to be happening, to my untrained eye, is that he's leaving us in a far worse position on and off the field AND by manipulation of events he's going to walk off into the sunset with several million quid profit.

The man's an utter c*nt and I can only hope karma deals him a good one pretty soon.
Unfortunately that has looked to have been the case for the past year or so. And yes at one point I thought he'd do as you say. Tighten the ship ready for someone to come in and push on. But the man is a complete c*nt.

I only hope that if we survive this that whoever is next is far far better.

Bruce Rioja
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Re: Administration and recovery

Post by Bruce Rioja » Mon Jul 22, 2019 1:11 pm

Harry Genshaw wrote:
Mon Jul 22, 2019 12:18 pm

For a long time I was quite supportive of Ken. Hoping he'd leave us in a better state than which he found us and if that meant him making a bit of a butty for himself, then no problem.
Exactly where I was too, and for a while I thought that that's exactly what was happening.

I honestly can't imagine how I'd react if I ever bumped into Anderson. I hate the c*nt, and I don't mean that lightly - I truly hate the c*nt and everything he holds sway by.
Last edited by Bruce Rioja on Mon Jul 22, 2019 1:40 pm, edited 1 time in total.
May the bridges I burn light your way

BWFC_Insane
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Re: Administration and recovery

Post by BWFC_Insane » Mon Jul 22, 2019 1:30 pm

Bruce Rioja wrote:
Mon Jul 22, 2019 1:11 pm
Harry Genshaw wrote:
Mon Jul 22, 2019 12:18 pm

For a long time I was quite supportive of Ken. Hoping he'd leave us in a better state than which he found us and if that meant him making a bit of a butty for himself, then no problem.
Exactly where I was too, and for a while I thought that that's what exactly was happening.

I honestly can't imagine how I'd react if I ever bumped into Anderson. I hate the c*nt, and I don't mean that lightly - I truly hate the c*nt and everything he holds sway by.
But he signed all his comms off with "be loud, be proud". How could you hate him?

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