stimmau5
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Posts posted by stimmau5
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32 minutes ago, Mounts Kipper said:
Another manager we should take a look at is Mike Flynn, sadly he’s in a job so doubt we could get him but think he’s got a big future.
That's not a bad shout I remember they had some decent results in the FA cup a few years back, beating Leeds and then drawing at home to Spurs.
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Fucking buzzing! Looking forward to seeing who we manage to sign and who takes over as manager, finally some positivity, get in there. COYFWM!!!!
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6 minutes ago, Spider said:
Chances of liquidation:
* None
* Fuck all
I'll even have a £50 bet with anyone that we don't liquidate tomorrow.
Whats your confidence based on?
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I think it's best to avoid anything to do with the Wanderers on Twitter at the moment when you've got to read fucking gobshites post garbage like this. FFS!!!
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Absolutely steaming but fuck it come on you whites, I don't care if it's the kids playing fuck it. COYFWM!!!!
Sick to the back teeth with all thes shitthats being going on but we have a very very good core fan base, the wanderers will never die.
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Stop posting shite from that daft cunt, positive vibes today please.
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EFL statement on Bury - https://www.efl.com/news/2019/july/efl-statement-bury-fc2/
I thought we were in a worse position than Bury, seems thats maybe not the case.
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After one too many bank holidays bevvy's I can't help but close my eyes and hope for a decent sensible owner with fairly deep pockets looking for a long term project. I can see Gudni as chairman and Steinsson as head of recruitment/director of football and a young progressive and exciting manager that takes risks and tries to play at least semi entertaining football. I can see Vela back to his best and Connell with him in midfield doing damage. In reality I am absolutely shit scared of what will happen to my club, I know the chances of my dream coming true are less than 0.001% but I have to dream as the reality of what may be coming doesn't bear thinking about. COYWM!
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16 minutes ago, TrickyTrotter said:
1st team currently training, Sammy busting a gut.
I dont think that lazy cunt could bust a nut never mind bust a gut.
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6 minutes ago, Dr Faustus said:
My lad was due to play against the u9s tomorrow after they pulled out last week- he'll be gutted on different levels
Without wanting to sound melodramatic or melancholic, this honestly reminds me of my folks being critically poorly in hospital; I agonised over both of them and ultimately just wanted the outcome to arrive- end the pain for us all whatever it may be.
I watched my dad deteriorate and pass, and it hurts like hell everyday. I watched my mum pull through, but has never been the same since... she exists, but isn't the person she was, and we moved heaven and earth for her. I am grateful she is still with me, but often wonder whether her suffering is worth it to her? Ultimately, I suppose we cherish the moments, take nothing for granted, and whatever we have left... well
Very well put Dr Faustus.
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28 minutes ago, Howardroark said:
I suppose it is time that I clarified the position we find ourselves in. As previously discussed, we retain the right to purchase the debt relating to the ICI-Moonshift transaction. This debt is now in default and ICI have now served their 14 day notice period for recalling the collateral. This means that we can, if we so choose, take control of Burnden Leisure and subsequently BWFC.
The issue's that we face are as follows:
Whilst quite prepared to pay off the £28.9M debt, and in fact any other legitimate debts, we are not prepared to cover the additional £26.6M loss that we will incur by writing off the inter company obligation owed by ICI whilst also paying off the associated factoring companies.. When the opportunity was initially pitched to us it was initimated that a deal would involve the partial-total repayment of this, this however is not now the case. Whilst we could choose to liquidate ICI, it is unlikely that we will be able to recover any funds. We also have the very real prospect that any of the factoring companies could jump on to the WU petition if we satisfied all other creditors.
Of the £28.9M, we had anticipated being able recover some of the investment through re-development of the car parks, the building of a secondary hotel on the Hotel car park and selling the rights to an access road for the new Bolton West road system. This combined with a payment against the £13.3M would have gotten us to a point of comfort in respect of losses over the next 3 years.
So where are we now? We are talking to two of the previously interested parties (Not Bassini) about recalling the shares, funding administration and then loaning them funds to purchase the business from administration. We are discussing us being able to convert this loan to equity at a fixed point in the future. The issue with this is of course the transfer embargo combined with the loss of ups to 14 senior players, leaving a threadbare squad and a fairly bleak campaign.
As each day goes by and more & more bills are missed, the debt increases and it becomes much less appetising for a potential buyer, for example they are now £1.7M higher than when FV first started to look at the club and with a future payment already taken (EFL).
Ultimately administration is going to be the only option to shed the debt, it is still going to require £22-£25M but that is probably acceptable to a consortium looking for a slow re-build, this is typically a fans-backed consortium or involving local people. We ourselves wouldn't be looking for a slow re-build.
I appreciate that this isn't what you wish to hear, but when overall debts turn out to be nearly double the previously stated, it dopes change the attractiveness of an investment. I am aware of course that the usual crowd will attempt to pick this apart (BWFCFan5, Troy Swoosh (Hi Mark Banner), Jules Darby etc)) but c'est la vie.
Thanks for this Howard. So were fucked then? Its unlikely anyone will want to fund admin based on what you have said.
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Critical failure of the stadium’s IT system? 😂 jesus christ.
Players have told Ken to fuck off is my bet and decided not to play but the club dont want to report it.
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Fascinating reading the last 4-5 days posts on this thread, we have had a load of potential new owners from Basran, the Turkish fella to Beckham and Fuller and we’ve gone through some managers as well, Rowett, Clough, Grayson and the holy grail of BSA and Nolan. Sprinkled in between, we have had a Howard and Custard showdown, Howard leaving in a fit of rage and then returning like the bloody messiah and a debate about us being a bigger club than Southampton is.
Also who could forget ‘I have a Master’s degree in Business, don’t you talk down to me’ haha absolutely fantastic.
I feel obliged to thank Howard as many others have. I have had a sick feeling in the pit of my stomach over all this shite that’s been going on, and reading Howards posts (whether accurate or not, I guess only time will tell) have helped me feel a lot better about the whole situation, so thanks for that Howard, also did we ever figure out if Howard is a bird?
Finally, I have been visiting this site since I was 16, I visited the site looking for posts about pubs/bars that Wanderers fans would be going to in Munich (remember those good times?) and have dropped by every few weeks since.
I felt obliged to finally register and post as reading the posts on here have cheered me up no end, in contrast to the absolute dread I feel whenever I hear BWFC mentioned. Cheers Fellas, keep up the good work and COYWM!
Accrington away
in Terrace Talk
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It's probably already been said but why the fuck did it take 20 mins to get Zouma on the pitch after the red card? Can't get my head around that decision.