Take Over

[Ani]

Let’s not reinvent history. 

 No one loved Ken. He was seen by many as the ‘only show in town’. A necessary evil. 

I do not remember any clamour to put us into Admin 12 months ago. The impression given was that costs were being cut and although cash was short we were getting by. 

The ST took a public stance and rightly challenged on transparency and communication. However they have then failed to deliver on either of these. 

It is amazing following a post on the fans sticking together than it so quickly becomes people saying who was right and who was wrong. 

[bolton va va]

24 minutes ago, Mounts Kipper said:

Wonderful he kept it going and added a pile of debt, unpaid staff, players and suppliers. Mans a cunt. Yet we have fans still praising him. Only at Bolton. 

Would you have preferred the club to have folded 3 years ago ? By keeping the club going for 3 more years, several hundred staff have kept their jobs for 3 more years ( when plenty of comparable loss making businesses would have laid most of them off ) & at least it gave us 2 summers when there was a chance for investors to come in.

Nobody wanted the club when ED was trying to give it away pre KA & it seems that nobody wants it now.....we're in the same position.

[thegod11]

Putting crustaceans to one side for a while, whoever picks us up out of admin needs  to come up with one hell of a strategy to unite the club and community once again.

Kens tenure has completely ripped the club apart. Necessary evil or not.

A new manager is pivotal to that. A new Bruce is needed. No idea who that is like.

[Moon boy]

8 minutes ago, bolton va va said:

Would you have preferred the club to have folded 3 years ago ? By keeping the club going for 3 more years, several hundred staff have kept their jobs for 3 more years ( when plenty of comparable loss making businesses would have laid most of them off ) & at least it gave us 2 summers when there was a chance for investors to come in.

Nobody wanted the club when ED was trying to give it away pre KA & it seems that nobody wants it now.....we're in the same position.

Fuck me! Get your tin hat on va va

Kens left us without a pot to piss in, no players, no money, no hotel, no staff, and walked away with £millions

[embankment]

I am another who backed Ken. Had a few arguments with Marc Iles. I now admit i was so wrong.

Lets hope things turn around soon.

Wonder if this thread will reach 819.

I wouldn't bet against it 

 

[Tommy Banks]

Think this thread has a way to go before it’s finished 

[snowball]

49 minutes ago, bolton va va said:

Would you have preferred the club to have folded 3 years ago ? By keeping the club going for 3 more years, several hundred staff have kept their jobs for 3 more years ( when plenty of comparable loss making businesses would have laid most of them off ) & at least it gave us 2 summers when there was a chance for investors to come in.

Nobody wanted the club when ED was trying to give it away pre KA & it seems that nobody wants it now.....we're in the same position.

Comical Ali. Still can't face it. Yes i would rather we had never ever let that bent twat anywhere near our club. Thanks for the last 3 years and lets not forget your saviour was willing to let club go bust today.

[Casino]

1 hour ago, RUREADY2ROLL said:

Definitely called it right and if we had gone in Admin earlier the points would have been deducted this season ending and not effect us next

If we had gone into admin sooner, we may never have come out of it

Its no accident it's being dragged out as long as possible

[Ani]

The fact is no one knows what would/could/should have happened. 

Everyone is guessing/ putting their own slant on it (bit like Brexit thread). 

We knew KA was an arse but we do not know what would have been better option ( or we did not three years ago). 

We also do not know what has happened behind scenes in that period. 

[barrycowdrill]

Hindsight is a wonderful thing eh? 

No one with any remote influence on how this panned our can come out of this with their heads held remotely high. Not Ken. Not Dean. Not the ST. Players.  Fucking no one. So fuck all this dick swinging about ‘well, they were less shit than them’ and I backed them. They should all be ashamed 

as is always the case, the only ones to come out with any credit whatsoever are the unsung heroes who can do fuck all about it. The non playing staff and supporters 

they are what matter. They are the ones who were here before, during and after this. Fuck the rest they’re all cunts of the highest order. 

Edited May 8, 2019 by barrycowdrill

[birch-chorley]

25 minutes ago, Casino said:

If we had gone into admin sooner, we may never have come out of it

Its no accident it's being dragged out as long as possible

I guess the point is that we had have gone into admin back in March then we wouldn’t have had as big a points deduction next year 

Are we any better of financially going into admin now? The majority of the debt (to ED, KA, MJ, BW) is exactly the same. Whilst the other debt (mainly player wages) has increased but its football debt and needs to be settled in full anyway 

Granted we can write off 70% of non football related unsecured debt but has that drastically increased since March? 

Of course, a solvent solution would have been best, but with hindsight I can’t see how we can be better off going into admin now vs March 

Edited May 8, 2019 by birch-chorley

[FrancisFogarty]

2 hours ago, Mounts Kipper said:

Wonderful he kept it going and added a pile of debt, unpaid staff, players and suppliers. Mans a cunt. Yet we have fans still praising him. Only at Bolton. 

I've said it before, but I'll say it again, I can't believe all this 'only game blah, blah, blah' .  He only kept it going in the manner of a bloke with a cow, he doesn't top it, to get beef money, he keeps giving it food, in the hope of getting another cow, or at least some milk.

Man is indeed a cunt. he's not done us any favours, not a one.

[MancWanderer]

Kinell. Does the past really matter and who was right and who was wrong?

We are where we are 

Everyone needs to give their heads a fucking wobble and think forwards and how we get out of this shit instead of trying to take the fucking high ground

Move on. We did it in the 80’s and we can do it again.......hopefully

[Alf Hartigan]

20 minutes ago, MancWanderer said:

Kinell. Does the past really matter and who was right and who was wrong?

We are where we are 

Everyone needs to give their heads a fucking wobble and think forwards and how we get out of this shit instead of trying to take the fucking high ground

Move on. We did it in the 80’s and we can do it again.......hopefully

there's no high ground to take, it's just a bomb site, that folk are trying to figure out what the answers might be.

[Wanderlust]

7 hours ago, Sluffy said:

 

I guess where I'm going with this is, is Ken past caring and happy for the club to be liquidated?

Because If he his, it forces Eddie to either act to save it (and incur all the costs involved in the club by entering into Admin), or stand by and let it fall into liquidation too?

I assume if Anderson isn't worried about liquidation, then he mustn't be too worried what the Liquidator might find as to how legal (or not) his actions have been.

If he's confident enough to face liquidation then surely he holds the winning hand as presumably the costs involved in the club not being liquidated would fall on those not wishing it so - and there seems enough out there with enough interest and perhaps enough money for liquidation not to happen.

Am I deducing things correctly from the apparent fact that Ms Stonefrost wasn't representing KA or am I reading too much into it?

You know better than most that I've had suspicions about Anderson's competence and honesty as expressed over the last two years and equally you know that I've reiterated time and again that they are just suspicions and in the light of that I put this to you:

Could Anderson not be worried about the ramifications of liquidation because he's not done anything wrong? Definitely a possibility.

Could Anderson not be worried about the ramifications of liquidation because an investigation into his activities is by no means guaranteed and on balance he doesn't think it's likely? Equally possible.

Could Anderson not be worried about the ramifications of liquidation because for the liquidators to initiate a full investigation there has to be some evidence of malfeasance up front and he's buried the evidence where he doesn't believe they can find it? Also possible.

Could Anderson not be worried about the ramifications of liquidation because he has used legal, but not necessarily moral means to do what he did like the last time he was investigated and found guilty i.e. the worst that could happen to him is that the reputation he has tried to cultivate as someone who cared for BWFC would be destroyed? Possible too.

Could Anderson be thinking that the threat of liquidation is the only playing card he has left in negotiations with the various parties who care for or have a vested interest in the club in a Sword of Damacles kind of way? Why not? 

Ultimately it's pointless speculating about it, but maybe it will come out one day.

[Wanderlust]

2 hours ago, Casino said:

If we had gone into admin sooner, we may never have come out of it

Its no accident it's being dragged out as long as possible

What we do know is that under Anderson's tenure the club continued to lose money hand over fist which only meant one inevitable outcome and everyone could see it coming for at least the last 18 months. We also know Anderson failed to do anything about it, so he was either an idiot or a crook or he had no options.

You seem to argue that it's the latter, but admin was always an option, selling was an option, biting the bullet to turn the business around was an option and selling shares to get investors was an option, none of which he did. I'm not saying that any of these were easy options, but if the train is coming you get off the track.

None of this has been helped by the as yet unconfirmed rumours that Anderson had the option to sell to a rich investor last year but pissed them off because of his personal demands and dishonesty.

We don't know the truth of that aspect yet but we do know that failure to do anything when a crisis is looming is incompetent at best.

[tomski]

7 hours ago, MancWanderer said:

Kinell. Does the past really matter and who was right and who was wrong?

We are where we are 

Everyone needs to give their heads a fucking wobble and think forwards and how we get out of this shit instead of trying to take the fucking high ground

Move on. We did it in the 80’s and we can do it again.......hopefully

Some of the ken drivel on here made this site very hard to read. You are quite right though that it’s about what’s going to happen next as opposed to looking back. 

I still worry the club is too damaged to be seen as an investment for someone. I hope I am wrong and someone can steer this round.

I worry a lot of our fan base will be gone again thanks to all that’s happened. Hopefully this short term gain produces long term gain

[Roger_Dubuis]

13 hours ago, Sluffy said:

I've been somewhat confused/misled with what Iles said on his blog earlier today -

Question to Iles - Morning Marc, who from the club will be present at the High Court today?

Iles reply -

8:05am

 

My money would be on Paul Aldridge - although that has not been confirmed. Hillary Stonefrost also fighting the good fight.

https://www.theboltonnews.co.uk/sport/17625029.wanderers-live-latest-on-administration-and-high-court-hearing/

I'm still not sure if Hillary was there or not, and if she was, was she the barrister representing Moonshift exclusively, or was she not there at all and Iles had just made it up?

 

 

 

Well done you.

You managed to find a way to divert attention from your hero Ken and blame it all on Marc Iles

[tomski]

9 minutes ago, Roger_Dubuis said:

Well done you.

You managed to find a way to divert attention from your hero Ken and blame it all on Marc Iles

Haha

[ErnestTurnip]

On a different note, have people who are going to renew just left their DD as they are or have you cancelled them until the shit storm is hopefully over and the new season tickets are announced ? 

[Eddie]

49 minutes ago, tomski said:

Some of the ken drivel on here made this site very hard to read. You are quite right though that it’s about what’s going to happen next as opposed to looking back. 

I still worry the club is too damaged to be seen as an investment for someone. I hope I am wrong and someone can steer this round.

I worry a lot of our fan base will be gone again thanks to all that’s happened. Hopefully this short term gain produces long term gain

I don’t know about others, but this season has been so shit, I’ve watched so little football, I’ve not been to an away game since November, home games have been a chore, I don’t like any of the players, I’ve hardly watched any other football and even talking about Bolton has been miserable.

But due to all that, I’m dying for next season and to have something to cling on to. I don’t give a shit if we’re on -12 points. Just a bit of a refresh, a new owner, a new manager would be my preference, and inevitably new players because these tossers are all off, would give a bit of optimism. Stick a few wins on top of that and I’ll not want to miss a game.

This season has made me realise that not going watching football and missing everything that goes with it is shit. Roll on next season!

[HomerJay]

7 hours ago, Hoppy510 said:

What we do know is that under Anderson's tenure the club continued to lose money hand over fist which only meant one inevitable outcome and everyone could see it coming for at least the last 18 months. We also know Anderson failed to do anything about it, so he was either an idiot or a crook or he had no options.

You seem to argue that it's the latter, but admin was always an option, selling was an option, biting the bullet to turn the business around was an option and selling shares to get investors was an option, none of which he did. I'm not saying that any of these were easy options, but if the train is coming you get off the track.

None of this has been helped by the as yet unconfirmed rumours that Anderson had the option to sell to a rich investor last year but pissed them off because of his personal demands and dishonesty.

We don't know the truth of that aspect yet but we do know that failure to do anything when a crisis is looming is incompetent at best.

EXACTLY!

 

[hughmungus]

Like many I felt the love again after the last game of last season and decided to buy a season ticket for the first time in years. Full of optimism and hope, but my god how that soon dissolved. I managed to attend every game up till mid January and then enough was enough, it was utter dogshit to sit through and the vibes from the conman Anderson and his comedy son made me feel embarrassed to be a fan at times. 

To this day I doubt I could identify 2/3 rds of the players, unlike previous seasons where we all knew them off by heart, because the majority where so anonymous and the team had all its life sucked away by Parkinson's tactics.

The light is not yet at the end of the tunnel, and could still be snuffed out, but all I ask for are a bunch of players and a manager I can support, take the piss out of if needed, and just feel good about again no matter where we end up.

[Tonge moor green jacket]

40 minutes ago, ErnestTurnip said:

On a different note, have people who are going to renew just left their DD as they are or have you cancelled them until the shit storm is hopefully over and the new season tickets are announced ? 

Cancelled until the future is sorted. Easy enough to set up another.

[1969]

New owner,new manager, new season, renewed hope