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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Gashead
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Re: Administration and recovery

Post by Gashead » Thu Aug 29, 2019 10:37 am

Well done you guys. Shame about Bury. Look forward to playing you this season
Rgds The Gas Bristol Rovers

BWFC_Insane
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Re: Administration and recovery

Post by BWFC_Insane » Thu Aug 29, 2019 10:38 am

Dave Sutton's barnet wrote:
Thu Aug 29, 2019 10:34 am
£125,000 consultancy fee. Never forget.
Its not Lee - his other son is the restaurant owner - though Ken initially owned them both.

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Dave Sutton's barnet
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Re: Administration and recovery

Post by Dave Sutton's barnet » Thu Aug 29, 2019 10:39 am

BWFC_Insane wrote:
Thu Aug 29, 2019 10:38 am
Dave Sutton's barnet wrote:
Thu Aug 29, 2019 10:34 am
£125,000 consultancy fee. Never forget.
Its not Lee - his other son is the restaurant owner - though Ken initially owned them both.
Ah right, cheers. I sit corrected

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Re: Administration and recovery

Post by TANGODANCER » Thu Aug 29, 2019 2:32 pm

BWFC_Insane wrote:
Thu Aug 29, 2019 10:38 am
Dave Sutton's barnet wrote:
Thu Aug 29, 2019 10:34 am
£125,000 consultancy fee. Never forget.
Its not Lee - his other son is the restaurant owner - though Ken initially owned them both.
On the comments/ratings section of their web page Lee is definitely mentioned as owner (and not in a particularly good way). I do but pass on what I read....
The wisest and the best of men, nay, the wisest and best of their actions, may be rendered ridiculous by a person whose first object in life is a joke...Darcy. Pride and Prejudice.

dave the minion
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Re: Administration and recovery

Post by dave the minion » Thu Aug 29, 2019 2:43 pm

comedy reviews have now been removed....
Image

BWFC_Insane
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Re: Administration and recovery

Post by BWFC_Insane » Thu Aug 29, 2019 2:57 pm

TANGODANCER wrote:
Thu Aug 29, 2019 2:32 pm
BWFC_Insane wrote:
Thu Aug 29, 2019 10:38 am
Dave Sutton's barnet wrote:
Thu Aug 29, 2019 10:34 am
£125,000 consultancy fee. Never forget.
Its not Lee - his other son is the restaurant owner - though Ken initially owned them both.
On the comments/ratings section of their web page Lee is definitely mentioned as owner (and not in a particularly good way). I do but pass on what I read....
Yeah but that is Bolton fans review bombing it. Its Anderson's other son who owns the restaurants - at least according to companies house records.

Burnden Paddock
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Re: Administration and recovery

Post by Burnden Paddock » Thu Aug 29, 2019 3:24 pm

Kunty Ken walked away with £240k, whilst the £7.5m debt was 'forgiven' by the EDT.

https://www.theboltonnews.co.uk/sport/1 ... -takeover/

BWFC_Insane
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Re: Administration and recovery

Post by BWFC_Insane » Thu Aug 29, 2019 3:27 pm

Burnden Paddock wrote:
Thu Aug 29, 2019 3:24 pm
Kunty Ken walked away with £240k, whilst the £7.5m debt was 'forgiven' by the EDT.

https://www.theboltonnews.co.uk/sport/1 ... -takeover/
In effect making his pay off almost £8M!

bristol_Wanderer3
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Re: Administration and recovery

Post by bristol_Wanderer3 » Thu Aug 29, 2019 4:07 pm

BWFC_Insane wrote:
Thu Aug 29, 2019 3:27 pm
Burnden Paddock wrote:
Thu Aug 29, 2019 3:24 pm
Kunty Ken walked away with £240k, whilst the £7.5m debt was 'forgiven' by the EDT.

https://www.theboltonnews.co.uk/sport/1 ... -takeover/
In effect making his pay off almost £8M!
Not sure. Wasn't the process; ED lends to KA, KA lends to club, KA is secured creditor against club, EDT has security against KA personal assets? Or something similar...

If so, given the writing off by EDT, KA's profit would be the £240K, plus whatever he was paid off as a secured creditor against club/hotel.

Plus any other financial shenanigans that may or may not have occurred....

It's over now anyway. A quick google search reveals Nick Mason has a net worth of around £120m, and Sharon Brittan £45m. They won't want to lose much of that on BWFC, but when you add Michael James and possibly Jeff Thomas, it feels a big step up from Ken in every way. Non criminals, with more money, at least one of whom is a genuine fan. A chance of stability. Calls for a hearty COYW :oyea:

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Re: Administration and recovery

Post by BWFC_Insane » Fri Aug 30, 2019 6:54 am

Lost Leopard Spot wrote:
Fri Jun 28, 2019 3:20 pm
BWFC_Insane wrote:
Fri Jun 28, 2019 12:19 pm
A serious personal incident relating to one of the FV members occurred that caused a delay
BULLSHIT BOLLOCKS LIES NONSENSE COMPLETE CRAP UTTER SHITE
Aye. Wonder if you will apologise now? Won’t hold my breath.

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Re: Administration and recovery

Post by LeverEnd » Fri Aug 30, 2019 8:13 am

https://www.theboltonnews.co.uk/sport/1 ... uss-plans/

Really encouraging article. Definitely feel I can start thinking about the second half of the thread title now.
Oh, but surely just for one day, we could fight and we could win
And if only for a little while, we could insist on the impossible...

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Re: Administration and recovery

Post by DJBlu » Fri Aug 30, 2019 8:37 am

BWFC_Insane wrote:
Fri Aug 30, 2019 6:54 am
Lost Leopard Spot wrote:
Fri Jun 28, 2019 3:20 pm
BWFC_Insane wrote:
Fri Jun 28, 2019 12:19 pm
A serious personal incident relating to one of the FV members occurred that caused a delay
BULLSHIT BOLLOCKS LIES NONSENSE COMPLETE CRAP UTTER SHITE
Aye. Wonder if you will apologise now? Won’t hold my breath.
I think if I'd lost my sister I'd not want to work for a few weeks either.

It's all coming out of the woodwork making a few people look silly.

I for one think we should all start with a blank slate and let bygones be bygones.

Harry Genshaw
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Re: Administration and recovery

Post by Harry Genshaw » Fri Aug 30, 2019 9:21 am

LeverEnd wrote:
Fri Aug 30, 2019 8:13 am
https://www.theboltonnews.co.uk/sport/1 ... uss-plans/

Really encouraging article. Definitely feel I can start thinking about the second half of the thread title now.
It's a really encouraging piece that.

Time to move on in a positive direction but credit where it's due my balding pal - you called Ken out as a "spiv c*nt' pretty much from day one.
"Get your feet off the furniture you Oxbridge tw*t. You're not on a feckin punt now you know"

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