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Wanderers Ways. Neil Thompson 1961-2021

Take Over


Kane57

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Just now, Tino81 said:

That's been my reaction for the last 4 months 🤣

Welcome to the pleasure dome.............................................

Dont belive anything that anyone posts about absolutely anything on any topic, and youll be reet

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3 minutes ago, Ratwhite said:

Welcome to the pleasure dome.............................................

Dont belive anything that anyone posts about absolutely anything on any topic, and youll be reet

Cheers pal, I've been keeping an eye on the forum for a while now 👍

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22 minutes ago, birch-chorley said:

If I had a £1 for every time that Ramsden fella said the deal was done / about to be announced then I would be a rich man 

Full if shite that fella 

Reeks of crime as well

Hes a proper (Jim Henson) character!

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5 hours ago, Chris Custodiet said:

If it were the case that KA had taken £550K (or the £525K mentioned in the BL accounts) for his own use in 2017 when, despite ED writing off  £198m, Burnden Leisure still had creditors due in one year of £38m, every ounce of newspaper bile would be more than justified. But is that what really happened?

KA remained dependent on ED support until ED's last living breath in September 2018 and its hard to see how the club would get through to Christmas 2017 without ED coming up with  substantial cash support between June and December 2017. So would ED have countenanced such a payment to KA? Most unlikely imo but in any case we know from the Inner Circle accounts that KA had to find £472K to gain control from Holdsworth and prevent foreclosure by Blumarble, without which ED's hopes or ambitions of a solvent sale would have been crushed. In due course a solvent sale would prove impossible even with Holdsworth out of the way.

Its interesting, albeit not new, that journos have a tendency to grasp dubious simplicities and prone to be easily led.

What level of confidence do you have in the published accounts?

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43 minutes ago, ProfessorWoland said:

What level of confidence do you have in the published accounts?

Pretty confident  about the great bulk of it over the last twenty years. There are one or two areas involving transactions with Holdsworth and Anderson that might have been explained more fully. I suspect these have intentionally been left a bit woolly.

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6 hours ago, Chris Custodiet said:

If it were the case that KA had taken £550K (or the £525K mentioned in the BL accounts) for his own use in 2017 when, despite ED writing off  £198m, Burnden Leisure still had creditors due in one year of £38m, every ounce of newspaper bile would be more than justified. But is that what really happened?

KA remained dependent on ED support until ED's last living breath in September 2018 and its hard to see how the club would get through to Christmas 2017 without ED coming up with  substantial cash support between June and December 2017. So would ED have countenanced such a payment to KA? Most unlikely imo but in any case we know from the Inner Circle accounts that KA had to find £472K to gain control from Holdsworth and prevent foreclosure by Blumarble, without which ED's hopes or ambitions of a solvent sale would have been crushed. In due course a solvent sale would prove impossible even with Holdsworth out of the way.

Its interesting, albeit not new, that journos have a tendency to grasp dubious simplicities and prone to be easily led.

 

Buying the club that he intended to sell on for a large profit counts as 'his own use', no?

In any case, why do you think Ken has never clarified this? The only time he's ever spoke of the 525k was to say that part of it was a bonus he paid himself for promotion.

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