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Wanderers Ways - passion not fashion

Chris Custodiet

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Chris Custodiet last won the day on November 4 2018

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About Chris Custodiet

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  1. Sorry pal but I can't say that I recall seeing much of interest on your tabletop either. But I have noted contributions of interest from others on this topic.
  2. I don't share George Bower's views on many things but it is true that I once described WW as being like a car boot sale. Most of what you see is worthless tat but occasionally you come across something interesting. (In case you don't remember, GB used a four-letter word instead of my three.) It is possible that I may have missed some hidden gem but I honestly cannot say that I recall ever seeing anything on your's or Biggish Dave's tabletop that have been worth a second glance. But never say die, you or he could try explaining the 'FV ownership model' to us all (in words and figures, of course).
  3. Really sorry to hear that, Sluffy. Get well soon. I'll be thinking of you. Hasta luego, amigo
  4. Two small voices speaking out against the gormless propaganda of Eyewash Iles and the ST dunderheads and you just can't handle it.
  5. You won't because you can't. The world is very simple to those who can't think beyond the first thing that comes into their heads.
  6. Yours is the typical response of the terminally evasive and isn't everything simple for the simple-minded?Just answer the first point first will you?
  7. I have noted your comments and would be grateful if you would respond to the following: Eddie Davies retired from the board of Burnden Leisure in 2009 and the board of BWFC in 2011. Why do you believe he did that? At the time of his retirement from BWFC, Eddie had spent about £100m on Bolton Wanderers and went on to spend another £80m before transferring ownership to Holdsworth and Anderson in March 2016. When do you say that he advised BWFC's board that he didn't have a magic money tree and couldn't financially support BWFC forever and on what basis do you claim that he acted abruptly. After the transfer of ownership Eddie continued to provide financial support to BWFC to an amount believed to be £7.5m. Do you agree? BWFC's stadium and hotel were recently re-mortgaged to provide the money needed to fund the club for the next two years. Who paid off the debt that provided the funds to build the stadium and hotel? (If you tell me it was Gordon Hargreaves, I'll have you sectioned along with Eyewash Iles). How many years notice do you expect the owner of a football club to give and how much more money do you expect them to provide before they are allowed to say that enough is enough?
  8. Those are the words of a man with his head firmly rooted in lala land.
  9. Which relegation are you talking about? He'd already spent about £140m when we were relegated in 2012. Why don't you try going through the accounts and see how much money ED pumped in after that? Sue Davies must have had the patience of a saint. How many years funding are you expecting FV to provide for next year in case we get relegated and then get relegated again?
  10. You're right. Boneheads the lot of them. Some of them were spouting their nonsense at the AGM last year whilst heaping praise on Ken Anderson for leading us out of the wilderness.
  11. Seems like the SupportersTrust has forgotten and so has Iles. Not suprised in the least by either of them but for those who missed my earlier posting, here's a memoriam published in IOM Today. EDDIE DAVIES 11th September 2018 One year has sadly passed. With treasured memories of a dearly loved husband. You are in my thoughts every day and I miss the love and laughter we shared for 32 years. With all my love, Sue.
  12. We know because it was leaked is hearsay but it is possible to get down to c£25m if you exclude deferred income and the remaining £10m of Eddie's old loans. That much would be obvious to any interested party. Whether Eddie had or had not intended to write off the £10m is a moot point but I'd always thought he would and that he had left it on the books for tactical reasons but never expected to get it back. The rest about 'good offers' is also hearsay. There's no shortage of chancers around but when push comes to shove 'proof of funds' frequently turns out to be a bit of a stumbling block.
  13. I'm not party to what exactly Anderson told FV but I do wonder why they would sign HOT's without at least looking at the last audited balance sheet, available FOC to anyone with the vaguest interest. These btw showed liabilities of £43.7m (including deferred income) and there was every reason to expect the debt to be increasing with every month that passed.
  14. Not exactly. Its quite possible for debts to be reduced, for example, by sale of assets, new equity investment or debt write off as Sluffy has pointed out. The sale of Madine would have reflected positively on the profit and loss account too but as most of it was needed to meet operating costs there wouldn't have been much of it left for debt reduction. But all that's getting away from the point I was making that FIBS, Maguire, JME and Uncle Tom Cobley and all failed to notice the true facts about how much BWFC's ongoing losses had been substantially reduced under its rogue chairman and that FV didn't pull out first time round because they'd discovered a pile of unexpected debt. Anyway today is the first anniversary of the death of Eddie Davies and there's an 'in memoriam' in IOM Today. You'll find it here: https://www.legacy.com/obituaries/iomtoday-uk/obituary.aspx?n=eddie-davies&pid=193861199 Can anyone tell me where I can find any mention of it in the Beeno?
  15. Not exactly. I believe that £7m was actually £7.5m but it was the same £7.5m. It was owed to KA who owed it to EDT but the administrators left most of it out, including only £1.6m for KA. KA was never going to stand for that and so you had the two administrator scenario which only complicated matters further. Not to mention ratcheting up the admin costs. The deferred income figures included in the £43m are also part of the explanation but lets not get too deep into the accountancy woods or we might easily lose the light of day.
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