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Wanderers Ways. Neil Thompson 1961-2021

Sweaty Ken


Lostock Whites

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15 minutes ago, Sluffy said:

No it never was a secret ffs!

It went through the books.

The same books which showed that Holdsworth was paid £1,716,000 to his Sport Shield BWFC company the same year.

 

I'm not sure I've ever defended Holdsworth, only that it seems odd that if he swindled Ken out of millions, Ken never seems to mention it.

But in the spirit of facts...

As per the accounts, the loan from Sport Shield was for £4m, which throughout the year accrued interest of £998,983. Both the loan and the interest were due in full on the 10th March 2018. The interest was waived as part of the new repayment deal with BluMarble, which saw us owe them the £4m plus 300k in interest due in September 2018. 

The very next paragraph of the article you keep posting makes reference to the fact the interest to SS was never paid.

Where does anything say we paid SS or Deano £1.7m?

 

 

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40 minutes ago, Tombwfc said:

 

I'm not sure I've ever defended Holdsworth, only that it seems odd that if he swindled Ken out of millions, Ken never seems to mention it.

But in the spirit of facts...

As per the accounts, the loan from Sport Shield was for £4m, which throughout the year accrued interest of £998,983. Both the loan and the interest were due in full on the 10th March 2018. The interest was waived as part of the new repayment deal with BluMarble, which saw us owe them the £4m plus 300k in interest due in September 2018. 

The very next paragraph of the article you keep posting makes reference to the fact the interest to SS was never paid.

Where does anything say we paid SS or Deano £1.7m?

 

The original loan from BluMarble to Holdsworth's SSBWFC was due for settlement just 16 days after Holdsworth took control of the club and which was defaulted on.

The details as you quote were for the revised agreements.

You are correct in what you say above other than there was a £250,000 payment was made by the club to Holdsworth's SSBWFC for charges incurred in effecting the change of ownership.

It does seem that I had put too much belief in the factuality of the article promoted by Kieran Maguire the Lecture in Football Finance at Liverpool University, which I for one believed he wrote under a non de plume.

 Fair play to you for setting me straight.

 

 

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3 minutes ago, Mounts Kipper said:

My big hope with KA is he finds us a big player to buy the club I would think if anyone can Ken can, bit Like Shinawatra did for Man City, its these types who mix in circles where they come into contact with big hitters. Fingers crossed

The longer Ken shuffles the money around and somehow keeps us afloat on a shoestring, the more likely he is to eventually bump into someone who might buy us.

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9 minutes ago, Traf said:

The longer Ken shuffles the money around and somehow keeps us afloat on a shoestring, the more likely he is to eventually bump into someone who might buy us.

You mean ken walking away, us going in admin and getting relegated won’t solve all our problems?

 

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12 minutes ago, gonzo said:

You mean ken walking away, us going in admin and getting relegated won’t solve all our problems?

 

Shit, sorry, yes I forgot. Administration is the best way forward. Some fat toothless ex-player/failed pub owner said so.

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32 minutes ago, Mounts Kipper said:

My big hope with KA is he finds us a big player to buy the club I would think if anyone can Ken can, bit Like Shinawatra did for Man City, its these types who mix in circles where they come into contact with big hitters. Fingers crossed

Is Ken in Davos?

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see hes rolled le fondre out today

yesterday it was allardyce,

neither had a pop at anderson beyond he needs more money than hes got, which we all know

 

 

has he finished that piece on the trust board memeber

co-opted board member, no less

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5 minutes ago, Casino said:

see hes rolled le fondre out today

yesterday it was allardyce,

neither had a pop at anderson beyond he needs more money than hes got, which we all know

 

 

has he finished that piece on the trust board memeber

co-opted board member, no less

Aye says a lot when the headline of the article is about the state of the club but the majority of the article is about Australian football and who might end up there 

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11 minutes ago, DirtySanchez said:

Aye says a lot when the headline of the article is about the state of the club but the majority of the article is about Australian football and who might end up there 

yes

no more shit to chuck at anderson

must say, rentagob allardyce actually nailed it in his piece

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4 hours ago, Sluffy said:

The original loan from BluMarble to Holdsworth's SSBWFC was due for settlement just 16 days after Holdsworth took control of the club and which was defaulted on.

The details as you quote were for the revised agreements.

You are correct in what you say above other than there was a £250,000 payment was made by the club to Holdsworth's SSBWFC for charges incurred in effecting the change of ownership.

It does seem that I had put too much belief in the factuality of the article promoted by Kieran Maguire the Lecture in Football Finance at Liverpool University, which I for one believed he wrote under a non de plume.

 Fair play to you for setting me straight.

 

 

I'm sure he's excellent at his job. He definitely knows far more than me about accounting, and has written a very fair summary of our situation. But it makes no mention of £1.7m being paid to anyone.

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Tom, fwiw, I'm pleased if you've proved sluffy wrong

And it's great he conceded

No doubt he's off looking for more to come back with :)

Much better this than where folk will repeat something as gospel when it's patently unproven but refuse to discuss it

Then repeat the point  a week later

 

 

An aside

Why do you think Iles hasn't run a piece on the trust board member?

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There seem to be a view in some quarters that Admin is like a Dr. Barnado's for football clubs.

Look at what's happening at Patisserie Valerie to dispel that notion.

It would be tough and brutal. Assets that could easily raise cash like the Lostock training facility would be sold and the staff would be decimated.

Even if we had 100 scouts in the BB & D League, there would be no-one to train the kids and nowhere to play.

Anyway, the big creditor is Moonshift and I can't see them going for admin.

 

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14 minutes ago, passmosster said:

There seem to be a view in some quarters that Admin is like a Dr. Barnado's for football clubs.

Look at what's happening at Patisserie Valerie to dispel that notion.

It would be tough and brutal. Assets that could easily raise cash like the Lostock training facility would be sold and the staff would be decimated.

Even if we had 100 scouts in the BB & D League, there would be no-one to train the kids and nowhere to play.

Anyway, the big creditor is Moonshift and I can't see them going for admin.

 

If Ken reneges on the 5 million repayment the club passes into moonshifts hands and Kens history. That’s my understanding. 

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27 minutes ago, passmosster said:

There seem to be a view in some quarters that Admin is like a Dr. Barnado's for football clubs.

Look at what's happening at Patisserie Valerie to dispel that notion.

It would be tough and brutal. Assets that could easily raise cash like the Lostock training facility would be sold and the staff would be decimated.

Even if we had 100 scouts in the BB & D League, there would be no-one to train the kids and nowhere to play.

Anyway, the big creditor is Moonshift and I can't see them going for admin.

 

Not sure we're on a par with patisserie Valerie unless ken has been committing fraud 

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14 minutes ago, Casino said:

Tom, fwiw, I'm pleased if you've proved sluffy wrong

And it's great he conceded

No doubt he's off looking for more to come back with :)

Much better this than where folk will repeat something as gospel when it's patently unproven but refuse to discuss it

Then repeat the point  a week later

 

 

An aside

Why do you think Iles hasn't run a piece on the trust board member?

 

I mean, no-one knows who Roger Allanson is, and he has as much influence on the club as you do. It'd be a bit like doing a backpage that some bloke from LoV is dodgy. Great for a bit of whataboutery, but otherwise is anyone that arsed? Also, do we know exactly what he did yet? 

So, to answer your question, clicks, probably.

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1 minute ago, royal white said:

I’ve asked the Trust a few times over the last week. The latest excuse is that they’re all volunteers and have full time jobs so they’ve been unable to discuss it yet 

It'll start getting into your head soon.

Don't let them grind you down whatever you do!

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2 minutes ago, royal white said:

I’ve asked the Trust a few times over the last week. The latest excuse is that they’re all volunteers and have full time jobs so they’ve been unable to discuss it yet 

So basically a bunch of volunteers with other priorities want to be in a position to take us over should the worst happen

The future is bright  

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13 minutes ago, Tombwfc said:

 

I mean, no-one knows who Roger Allanson is, and he has as much influence on the club as you do. It'd be a bit like doing a backpage that some bloke from LoV is dodgy. Great for a bit of whataboutery, but otherwise is anyone that arsed? Also, do we know exactly what he did yet? 

So, to answer your question, clicks, probably.

I think that's a cop out

He's a journalist...a shit one, admittedly

There's a story that the white knights aren't quite so white

And nothing from him

But, he's impartial?

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And, not only is a committee member, he's been co opted

Not voted for, but hand picked

Stinks

But it'd stink a whole lot less if there wasn't constant sniping at Anderson's dodginess 

Its even possible he's done nowt wrong, but when has that ever stopped iles in his vendetta against anderson

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