Administration and recovery
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- TANGODANCER
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Re: Administration and recovery
Might be over the top, but the thought occurs that businesses and suppliers to the club may be a little hesitant extending any credit our way due to current affairs er, cosa nostra? Might take a while to get it all back on that level playing field.
Si Deus pro nobis, quis contra nos?
Re: Administration and recovery
Game is on still.
The EFL are happy with what the club have sent them.
https://www.efl.com/news/2019/july/efl- ... -bury-fc2/
The EFL are happy with what the club have sent them.
https://www.efl.com/news/2019/july/efl- ... -bury-fc2/
- officer_dibble
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Re: Administration and recovery
For those that doubted my thinnest grape vine links
"Good news at last for Bolton. I'm told that the PFA are to lend the club's prospective new owners around £2m to settle outstanding debts with football creditors (players etc). Paves the way for takeover to go through at last. Saturday's game is on. More
@MailSport
shortly. #bwfc"
Oh and Fluck Nixon!
"Good news at last for Bolton. I'm told that the PFA are to lend the club's prospective new owners around £2m to settle outstanding debts with football creditors (players etc). Paves the way for takeover to go through at last. Saturday's game is on. More
@MailSport
shortly. #bwfc"
Oh and Fluck Nixon!
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Re: Administration and recovery
If it happens, FV should start off in a seriously positive light imho. This wait has been worrying and frustrating, but none of that negative emotional energy should be loaded onto FV. They have simply been the only group willing to prize Ken Anderson's greasy hands off this club. The fact that he is still involved, squeezing as much out of of the deal for himself as possible, whilst the place rots away, days from liquidation says everything. He took a very ill patient and poisoned it, and then tried to suffocate it. That is where any ire should be directed.
That isn't to say the outlook is rosy, it isn't. FV don't appear to be wealthy enough to cover the huge losses this club will make over the next few years. Asset sales may be a necessity, and I guess the best option is if they can clean things up so it is more attractive for someone with greater wealth and large appetite for risk to take it off them at some point. However, if in two months time we are marooned at the bottom of the league, playing terrible football with terrible players, it will not be the fault of FV. Indeed, we should be thanking for them for a having a club to moan about.
Anyway hoorah It's never boring
That isn't to say the outlook is rosy, it isn't. FV don't appear to be wealthy enough to cover the huge losses this club will make over the next few years. Asset sales may be a necessity, and I guess the best option is if they can clean things up so it is more attractive for someone with greater wealth and large appetite for risk to take it off them at some point. However, if in two months time we are marooned at the bottom of the league, playing terrible football with terrible players, it will not be the fault of FV. Indeed, we should be thanking for them for a having a club to moan about.
Anyway hoorah It's never boring
Re: Administration and recovery
I'm with the man from the Pru. Very succinctPrufrock wrote: ↑Mon Jul 29, 2019 9:41 pmI imagine the PFA lending us money to facilitate squad building could be... controversial.
I don't care really if they've got the money to build a full squad now, I just want them to have the money to run it solvently. If it takes a couple of years of footballing pain to get us in the straight and narrow and living within our means, I'll take that.
*I mean obviously it would be better if they had a bit of cash for the here and now, but you know what I mean.
Pfffft.
- officer_dibble
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Re: Administration and recovery
This loan has to be as a result of the hotel going up. Which has to be a result of that c*nt Anderson. May he rot in the rottiest sh*tiest version of hell.
The PFA loan thing isn’t going to be popular. Yer man from Accrington will be apoplectic.
The PFA loan thing isn’t going to be popular. Yer man from Accrington will be apoplectic.
- BWFC_Insane
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Re: Administration and recovery
The thing is Nixon has been so so wrong it’s infuriating. But in a vacuum of anything official his stories are as good as anything. He still maintains the players are on strike even though they’ve put out a statement saying they aren’t. Embarrassing.DJBlu wrote: ↑Mon Jul 29, 2019 10:05 pmFor those that doubted my thinnest grape vine links
"Good news at last for Bolton. I'm told that the PFA are to lend the club's prospective new owners around £2m to settle outstanding debts with football creditors (players etc). Paves the way for takeover to go through at last. Saturday's game is on. More
@MailSport
shortly. #bwfc"
Oh and Fluck Nixon!
Re: Administration and recovery
Cue the numpties on the Bolton News website proclaiming that they aren't going to be going to the games, hate FV for spoiling their club (even though Anderson has again managed to somehow take us to the brink and walked away scott free )DJBlu wrote: ↑Mon Jul 29, 2019 10:05 pmFor those that doubted my thinnest grape vine links
"Good news at last for Bolton. I'm told that the PFA are to lend the club's prospective new owners around £2m to settle outstanding debts with football creditors (players etc). Paves the way for takeover to go through at last. Saturday's game is on. More
@MailSport
shortly. #bwfc"
Oh and Fluck Nixon!
Pfffft.
- Harry Genshaw
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Re: Administration and recovery
Christ I'll be glad to get back to bitching about the football.
My (probably forlorn)hope now, is that sense of relief at what we've nearly lost, results in more bums on seats and a positive, supportive siege mentality amongst the fans
My (probably forlorn)hope now, is that sense of relief at what we've nearly lost, results in more bums on seats and a positive, supportive siege mentality amongst the fans
"Get your feet off the furniture you Oxbridge tw*t. You're not on a feckin punt now you know"
Re: Administration and recovery
Reading some of the stuff on Twitter, I doubt that. I'm with you Harry in that it will be good to talk about the football once again. However, prepare for the onslaught of BWFC fans to complain about anything that doesn't involve us signing Gareth BaleHarry Genshaw wrote: ↑Mon Jul 29, 2019 10:25 pmChrist I'll be glad to get back to bitching about the football.
My (probably forlorn)hope now, is that sense of relief at what we've nearly lost, results in more bums on seats and a positive, supportive siege mentality amongst the fans
Pfffft.
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Re: Administration and recovery
Jeff Thomas has resigned as a director from, as I understand it, the company set up to own the club and the company set up to own the hotel. But curiously not (yet?) from Football Ventures (Whites) Limited itself.
I have no idea what any of that means for the takeover, whether it's good news or bad news, however it would appear to my untrained eye to be significant.
I have no idea what any of that means for the takeover, whether it's good news or bad news, however it would appear to my untrained eye to be significant.
- Lost Leopard Spot
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Re: Administration and recovery
Are we signing Gareth Bale, really? That fxcking useless Welsh lump. I was hoping for Ronaldo.TKIZ! wrote: ↑Mon Jul 29, 2019 10:27 pmReading some of the stuff on Twitter, I doubt that. I'm with you Harry in that it will be good to talk about the football once again. However, prepare for the onslaught of BWFC fans to complain about anything that doesn't involve us signing Gareth BaleHarry Genshaw wrote: ↑Mon Jul 29, 2019 10:25 pmChrist I'll be glad to get back to bitching about the football.
My (probably forlorn)hope now, is that sense of relief at what we've nearly lost, results in more bums on seats and a positive, supportive siege mentality amongst the fans
That's not a leopard!
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- Lost Leopard Spot
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Re: Administration and recovery
Pssst. By the way, have FV(W)ltd actually bought BWFC yet?
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- TonyDomingos
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Re: Administration and recovery
Lost Leopard Spot wrote: ↑Tue Jul 30, 2019 8:21 amPssst. By the way, have FV(W)ltd actually bought BWFC yet?
What's the hurry? Give another 48 hours.
Às armas, às armas!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
- Lost Leopard Spot
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Re: Administration and recovery
TonyDomingos wrote: ↑Tue Jul 30, 2019 8:24 amLost Leopard Spot wrote: ↑Tue Jul 30, 2019 8:21 amPssst. By the way, have FV(W)ltd actually bought BWFC yet?
What's the hurry? Give another 48 hours.
That's not a leopard!
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- Lost Leopard Spot
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Re: Administration and recovery
And then there were two, Brittan and James... Or is that three, Morris?nicholaldo wrote: ↑Mon Jul 29, 2019 10:34 pmJeff Thomas has resigned as a director from, as I understand it, the company set up to own the club and the company set up to own the hotel. But curiously not (yet?) from Football Ventures (Whites) Limited itself.
I have no idea what any of that means for the takeover, whether it's good news or bad news, however it would appear to my untrained eye to be significant.
When did he resign Nicholo?
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- Bruce Rioja
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Re: Administration and recovery
Whenever I hear or read the name Jeff / Geoff Thomas, I think only of one man and one incident.nicholaldo wrote: ↑Mon Jul 29, 2019 10:34 pmJeff Thomas has resigned as a director from, as I understand it, the company set up to own the club and the company set up to own the hotel. But curiously not (yet?) from Football Ventures (Whites) Limited itself.
I have no idea what any of that means for the takeover, whether it's good news or bad news, however it would appear to my untrained eye to be significant.
May the bridges I burn light your way
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Re: Administration and recovery
Lost Leopard Spot wrote: ↑Tue Jul 30, 2019 8:32 amAnd then there were two, Brittan and James... Or is that three, Morris?nicholaldo wrote: ↑Mon Jul 29, 2019 10:34 pmJeff Thomas has resigned as a director from, as I understand it, the company set up to own the club and the company set up to own the hotel. But curiously not (yet?) from Football Ventures (Whites) Limited itself.
I have no idea what any of that means for the takeover, whether it's good news or bad news, however it would appear to my untrained eye to be significant.
When did he resign Nicholo?
Last night, as per Companies House. He's due to be replaced according to Iles, though he remains, for now at least, a director of the parent company.
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