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Wanderers Ways - passion not fashion
Lostock Whites

King Ken

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Just seen a Facebook page and folk are cancelling season ticket dd that’s really going to help 

im struggling to find any motivation to go home games but still pay

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21 minutes ago, ZicoKelly said:

 

https://www.theboltonnews.co.uk/news/15579837.for-sale-bolton-wanderers-available-for-25million/

The £25m package includes total ownership of the Macron Stadium, 40-acre training ground at Lostock, Whites Hotel and Premier Suite.

The company will be sold with no structured debt and just normal trade creditors outstanding.

 

There was a rumour KA pockets £5M or so of this and that this had been a stumbling block to previous interest (in fact, it was Casino who told me)

Ta

That's all well and good, but whoever buys will need to run the whole shitshow as well, which I assume runs into several million per month?

You're talking £100million minimum to keep it afloat for a couple of years. With zero return.

Wouldn't want that task.

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Just now, Spider said:

Ta

That's all well and good, but whoever buys will need to run the whole shitshow as well, which I assume runs into several million per month?

You're talking £100million minimum to keep it afloat for a couple of years. With zero return.

Wouldn't want that task.

I'm not sure about that

I'm certain KA doesn't put in several millions a month

and he talked about the club making a "small profit" this year, though not sure if that took into account unpaid bills, wages and bonuses

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1 minute ago, ZicoKelly said:

I'm not sure about that

I'm certain KA doesn't put in several millions a month

and he talked about the club making a "small profit" this year, though not sure if that took into account unpaid bills, wages and bonuses

Is there no nortgagae on the stadium/training grounds/hotel ?

If not, I suppose that makes it  a bit more attractive.

Trouble is, even if we get someone in who's pretty good at managing a business, the mongotrons will still want them to be spending millions on the squad.

Even an arab billionaire would upset some of our lot.

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If an oligarch ready to buy the club and take us to the champions league is put off by £5m too much on an asking price he’s probably not worth bothering with.

we already have a skint owner.  

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40 minutes ago, radcliffewhite1 said:

Just seen a Facebook page and folk are cancelling season ticket dd that’s really going to help 

im struggling to find any motivation to go home games but still pay

Aye not helpful at all. 

If Ken decides he's had enough and withdraws then administration is the most likely outcome. Do those people realise the implications of that?

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5 minutes ago, Farrelli said:

Aye not helpful at all. 

If Ken decides he's had enough and withdraws then administration is the most likely outcome. Do those people realise the implications of that?

Some utter garbage on that page I shouldn’t read as it makes me boil 

 

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In some parts of Bolton, yes.

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33 minutes ago, radcliffewhite1 said:

Some utter garbage on that page I shouldn’t read as it makes me boil 

 

I am pleased I am virtually weaned off Facebook, too many mongalongs frequent the site. 

Edited by Mounts Kipper

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1 minute ago, Mounts Kipper said:

too many mongalongs frequent this site. 

Harsh, but fair.

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21 minutes ago, Mounts Kipper said:

I am pleased I am virtually weaned off Facebook, too many mongalongs frequent the site. 

Think it might be time soon myself 

 

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If they just cancel the direct debit will they not be black listed? I dont think its as simple as just cancelling the direct debit.

serve them fookin right if they are dickheads

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8 minutes ago, Biganddaft said:

If they just cancel the direct debit will they not be black listed? I dont think its as simple as just cancelling the direct debit.

serve them fookin right if they are dickheads

Think once cancelled you have 14days to make payment after legal action is taken 

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4 hours ago, Mr Grey said:

Someone is short of a towel this morning

Short of other things, too

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26 minutes ago, boltondiver said:

Short of other things, too

I would imagine Mr Anderson hasn't seen it as he resides in Southern France/Monaco, although i would assume he has been checking social media and has probably sent a member of staff at the UNIBOL to take it down or he has taken notice of it and is now in the process of moving out:roll:

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6 hours ago, gonzo said:

 

the irony being that Anderson has wanted out since day one, that's pretty much been his plan from the very beginning

(except IIRC for when he took the club off the market and just wanted investment)

anyway, point is, if he can get out, he will

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2 hours ago, Farrelli said:

Aye not helpful at all. 

If Ken decides he's had enough and withdraws then administration is the most likely outcome. Do those people realise the implications of that?

anyone know what happens to KAs loan if he bails and the club goes into admin?

and what would've happened had the money he loaned off ED gone straight into the club, rather than ED loaning to KA, then KA loaning to the club?

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1 minute ago, ZicoKelly said:

anyone know what happens to KAs loan if he bails and the club goes into admin?

and what would've happened had the money he loaned off ED gone straight into the club, rather than ED loaning to KA, then KA loaning to the club?

The money would still be owed to ED's representatives so they could in theory have recourse to all KAs assets to get it repaid - he is personally liable. If it had gone straight in ED's representatives would have just been another creditor of BWFC in the event of Admin.

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Who in their right mind would want to buy a club and put up with the naysayers on Facebook and the Supporters' Trust?

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4 hours ago, ZicoKelly said:

I'm not sure about that

I'm certain KA doesn't put in several millions a month

and he talked about the club making a "small profit" this year, though not sure if that took into account unpaid bills, wages and bonuses

Not paying for stuff shouldn't impact whether you are profitable or not.

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Sat in Costa coffee (next) looking out at the stadium thinking that it is without doubt our most saleable asset  unlike most of the utilitarian 'new'stadiums done on the cheap (Brittania DW etc)

Despite the dross on the pitch & the mangled finances the stadium still gives us a chance to attract a decent buyer .

Surely ??

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If they had boycotted every game in the last 2 months “a la St.Mirren”, with the exception of a points deduction from the FL, how many points worse off would we actually be?

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What would it be used for if not BWFC? Its not an asset at all 

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