Administration and recovery

[officer_dibble]

Could be a right mess for everyone this. What about all the clubs who have sold tickets on the basis of a 23 home game season? I think it’s getting sorted personally, based on nowt though!

[bristol_Wanderer3]

Personally think if game is called off that is it.....so this seems like an absolutely massive, gigantic afternoon in the history of Bolton Wanderers football club.

The tone of the EFL statement doesn't suggest that, it sounds a lot more conciliatory, as though they would allow a postponement of the first game. How long would they allow it to go on for, and what further penalties might we face I wonder?

[Dave Sutton's barnet]

Personally think if game is called off that is it.....so this seems like an absolutely massive, gigantic afternoon in the history of Bolton Wanderers football club.

The tone of the EFL statement doesn't suggest that, it sounds a lot more conciliatory, as though they would allow a postponement of the first game. How long would they allow it to go on for, and what further penalties might we face I wonder?

Depends how chirpily you read it. Its very existence is a negative (unless you take it as a welcome forcing of hands) but:

To give both Clubs the maximum opportunity to comply with the request...
...The EFL will continue to offer its full assistance and support to both Clubs in order to achieve the objective of securing long-term futures for them...

and even if not,

the EFL Board is likely to suspend the opening day fixtures against Wycombe Wanderers (Bolton Wanderers) and MK Dons (Bury) under the provision of EFL Regulation 28.2.

- still gives them wiggle room.

As ever, we'll see.

[bristol_Wanderer3]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

[BWFC_Insane]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

[Lost Leopard Spot]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

Oh do shut the fxck up...
This is what you said less than a day ago...
"Deals are in place for the club and hotel. They could be done very very quickly."
You just like the sound of your own typing. If all goes well BWFCi told you so, if all goes badly BWFCi told you so... FFS.

[BWFC_Insane]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

Oh do shut the fxck up...
This is what you said less than a day ago...
"Deals are in place for the club and hotel. They could be done very very quickly."
You just like the sound of your own typing. If all goes well BWFCi told you so, if all goes badly BWFCi told you so... FFS.

That is true. It has not stopped being true. As I said the deals to take both out of admin are done. The issue is nothing to do with either administrator but with FV themselves and the EFL.

[bristol_Wanderer3]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

I'm not sure it changes things too much. We have -12 now, and probably some sort of soft embargo where the EFL monitor / ratify each deal we make. We are expecting anything from a rap on the knuckles to -8 for the Brentford non-participation. If the Wycombe game gets postponed, do you see anything outside of that?

FV must already be buying based on the likelihood we are getting relegated? We can talk about their apparent lack of money, and future ongoing losses given a prolonged period outside of the Championship at some later date, this situation is already desperate enough.

[Dave Sutton's barnet]

I guess this comes down to whether you (meaning anyone) thinks the EFL actually want to liquidate a club or two.

I suspect not.

[Lost Leopard Spot]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

Oh do shut the fxck up...
This is what you said less than a day ago...
"Deals are in place for the club and hotel. They could be done very very quickly."
You just like the sound of your own typing. If all goes well BWFCi told you so, if all goes badly BWFCi told you so... FFS.

That is true. It has not stopped being true. As I said the deals to take both out of admin are done. The issue is nothing to do with either administrator but with FV themselves and the EFL.

If the deals to take both out of admin are DONE, why haven't they been signed?
If deals have been DONE why are the EFL asking for assurances, and giving FV a deadline of 5pm today before, as a first step, they reschedule our first match?
And if they merely reschedule our first match, why are you getting all hysterical if in the background both of these deals are already DONE?

[Dave Sutton's barnet]

Oh and for the record I think they're more likely to give a harsh points penalty for the Brentford strike than for their own postponement. Yes, the current stand-off is about proving financial viability, but in essence it's their own line in the sand. They were always more likely to come down hard on players striking (because clubs don't pay them) than over the complications of admin-based takeovers.

[BWFC_Insane]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

Oh do shut the fxck up...
This is what you said less than a day ago...
"Deals are in place for the club and hotel. They could be done very very quickly."
You just like the sound of your own typing. If all goes well BWFCi told you so, if all goes badly BWFCi told you so... FFS.

That is true. It has not stopped being true. As I said the deals to take both out of admin are done. The issue is nothing to do with either administrator but with FV themselves and the EFL.

If the deals to take both out of admin are DONE, why haven't they been signed?
If deals have been DONE why are the EFL asking for assurances, and giving FV a deadline of 5pm today before, as a first step, they reschedule our first match?
And if they merely reschedule our first match, why are you getting all hysterical if in the background both of these deals are already DONE?

I cannot explain here. If you want to know then send me a PM and I will explain - as best I am able to. It is no skin off my nose either way. I'm as worried as everyone else and just want the club to survive.

[Worthy4England]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

Oh do shut the fxck up...
This is what you said less than a day ago...
"Deals are in place for the club and hotel. They could be done very very quickly."
You just like the sound of your own typing. If all goes well BWFCi told you so, if all goes badly BWFCi told you so... FFS.

That is true. It has not stopped being true. As I said the deals to take both out of admin are done. The issue is nothing to do with either administrator but with FV themselves and the EFL.

If the deals to take both out of admin are DONE, why haven't they been signed?
If deals have been DONE why are the EFL asking for assurances, and giving FV a deadline of 5pm today before, as a first step, they reschedule our first match?
And if they merely reschedule our first match, why are you getting all hysterical if in the background both of these deals are already DONE?

He said deals are IN PLACE - not DONE. None of which means that the EFL have seen/approved the revised business plan...It is possible to have a deal ready to go that suits the administrators coupled with a business plan that the EFL don't think stands up...

[Lost Leopard Spot]

^^ Yes, don't get me wrong, the situation is extremely dire, but I don't get the "if we have to postpone the Wycombe / MK Dons games, you will be chucked out of the league" feel from that statement.

fwiw EFL Rule 28.2 is a relatively simple affair:

28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved.

https://www.efl.com/-more/governance/ef ... -fixtures/

Do you think a failure to play the first game in the context of failure to play the final home game of the previous season is a) met with a fluffy toy and a warning "not to do it again" or b) the award of a very harsh points penalty on top of the -12 already in place and likely severe financial restrictions?

Cos I'm going with the latter.

And if it is - then where does that leave the deal for anyone given the secured and football creditors haven't gone away - and the bill has gone up.....

Oh do shut the fxck up...
This is what you said less than a day ago...
"Deals are in place for the club and hotel. They could be done very very quickly."
You just like the sound of your own typing. If all goes well BWFCi told you so, if all goes badly BWFCi told you so... FFS.

That is true. It has not stopped being true. As I said the deals to take both out of admin are done. The issue is nothing to do with either administrator but with FV themselves and the EFL.

If the deals to take both out of admin are DONE, why haven't they been signed?
If deals have been DONE why are the EFL asking for assurances, and giving FV a deadline of 5pm today before, as a first step, they reschedule our first match?
And if they merely reschedule our first match, why are you getting all hysterical if in the background both of these deals are already DONE?

He said deals are IN PLACE - not DONE. None of which means that the EFL have seen/approved the revised business plan...It is possible to have a deal ready to go that suits the administrators coupled with a business plan that the EFL don't think stands up...

...What revised business plan?
Why was it revised? No, don't tell me. I know why it needed to be revised...

[Worthy4England]

...What revised business plan?
Why was it revised? No, don't tell me. I know why it needed to be revised...

Well you wouldn't really expect that during the course of any negotiation that everything remained entirely static...

[LeverEnd]

So basically, they have the deals set up, they have to get people to agree, mainly the players. Looks like the players have a choice between a) deferred payments or b) no money and the responsibility for liquidating the club.
Football Ventures are a fecking joke. Frying pan into the fire.

[Lost Leopard Spot]

...What revised business plan?
Why was it revised? No, don't tell me. I know why it needed to be revised...

Well you wouldn't really expect that during the course of any negotiation that everything remained entirely static...

Especially when the principals started out by loaning money to themselves (on paper, and deeply hidden within a business plan) they didn't have because they owed it to somebody else...

[Worthy4England]

...What revised business plan?
Why was it revised? No, don't tell me. I know why it needed to be revised...

Well you wouldn't really expect that during the course of any negotiation that everything remained entirely static...

Especially when the principals started out by loaning money to themselves (on paper, and deeply hidden within a business plan) they didn't have because they owed it to somebody else...

I think you mighta suggested this on occasion previously.

[Lost Leopard Spot]

...What revised business plan?
Why was it revised? No, don't tell me. I know why it needed to be revised...

Well you wouldn't really expect that during the course of any negotiation that everything remained entirely static...

Especially when the principals started out by loaning money to themselves (on paper, and deeply hidden within a business plan) they didn't have because they owed it to somebody else...

I think you mighta suggested this on occasion previously.

What me? Never

[Harry Genshaw]

Football Ventures are a fecking joke. Frying pan into the fire.

They're looking like a poor man's Bassini without the PR at the moment.