Site Supporter Tonge moor green jacket Posted July 9, 2019 Site Supporter Share Posted July 9, 2019 (edited) 1 hour ago, MalcolmW said: Clubs have played a whole season while in administration. Were players paid though? If our lot aren't soon, they may all piss off! Edited July 9, 2019 by Tonge moor green jacket Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted July 9, 2019 Site Supporter Share Posted July 9, 2019 1 hour ago, Boby Brno said: All creditors have been sent information of the current financial state of the club. Sorry I can’t put details on here as it’s not, to my knowledge, in the public domain. Pretty sure someone will leak it. It makes interesting reading. That's a bugger. Several thousand of us are owed money for not playing the Brentford game, where's ours!! Link to comment Share on other sites More sharing options...
Members burnden Posted July 9, 2019 Members Share Posted July 9, 2019 (edited) Secured creditors: Ken Anderson (£1,578,042), Fildraw/Moonshift (£10,050,000), Prescot Business Park (Uncertain) and Brett Warburton (£3,064,213). #bwfc Unsecured too many to name (290 in total). Bolton Council one of the big ones at £1,748,724. #bwfc Edited July 9, 2019 by burnden Link to comment Share on other sites More sharing options...
Marc505 Posted July 9, 2019 Share Posted July 9, 2019 Marc Iles has produced some figures on his Twitter tonight to chew on like a load of beef jerky Link to comment Share on other sites More sharing options...
hughmungus Posted July 9, 2019 Share Posted July 9, 2019 What about the players wages are they included in this as Iles sums dont seem to include them ? Link to comment Share on other sites More sharing options...
snowball Posted July 9, 2019 Share Posted July 9, 2019 35 minutes ago, Marc505 said: Marc Iles has produced some figures on his Twitter tonight to chew on like a load of beef jerky Drama queen Link to comment Share on other sites More sharing options...
Mannyroader Posted July 9, 2019 Share Posted July 9, 2019 36-24-36? Link to comment Share on other sites More sharing options...
matty2094 Posted July 9, 2019 Share Posted July 9, 2019 Joint administrators’ report – list of highest debts Secured creditors Fildraw/Moonshift 10,050,000 Brett Warburton 3,064,213 Ken Anderson 1,578,042 Prescot Business Park Uncertain Unsecured creditors (selected) Football creditors 2,747,122 HMRC PAYE/NI 2,252,974 Bolton Council 1,748,724 Yu Energy (stadium electric) 459,443 Stellar Football – FA 371,288 Macron 322,619 Prescot Business Park 248,352 HMRC VAT 217,487 Ken Anderson 180,000 PJSL Limited 169,800 Base Soccer Agency 113,067 Unique Sports Management 98,036 Adi UK Ltd 97,032 Thomas Cook Retail 92,124 United Utilities 85,391 Walker Morris 71,340 Dr David Humphreys 71,014 Bolton Arena 69,685 Ticketmaster Sports 60,352 Strike Management (via FA) 60,000 Yu Energy (stadium gas) 57,977 Matchday workers 57,624 Key Sports Management 54,600 Brabners 52,460 Emerson Management 44,318 Sibcas Ltd 42,361 Players Inc Limited 36,225 Impact SM Ltd 34,397 Pridemile Ltd 30,313 HCA International 29,542 Water Plus (Lostock) 29,283 OmniSports 28,125 people PRS Ltd 25,847 RS Tyrer Ltd 22,901 North West Ambulance 22,166 Platinum One Sports 21,840 Pinnacle Sports & Ents 20,040 Greater Manchester Police 18,543 Link to comment Share on other sites More sharing options...
bwfcfan5 Posted July 9, 2019 Share Posted July 9, 2019 Those figures were pretty much all known. Nothing of much interest. 290 separate unsecured creditors. Ken was not paying anybody. At all. Link to comment Share on other sites More sharing options...
matty2094 Posted July 9, 2019 Share Posted July 9, 2019 Some alarming figures there - that’s less than half of the unsecured creditors as well. Link to comment Share on other sites More sharing options...
Mantra Posted July 9, 2019 Share Posted July 9, 2019 Would this go some way to explaining why the deal is taking a long time? Perhaps FV are negotiating will all 290 unsecured creditors. Although I would’ve thought they can just agree to pay the 25% minimum to all, through the administrators. Link to comment Share on other sites More sharing options...
Mounts Kipper Posted July 9, 2019 Share Posted July 9, 2019 Just now, Mantra said: Would this go some way to explaining why the deal is taking a long time? Perhaps FV are negotiating will all 290 unsecured creditors. Although I would’ve thought they can just agree to pay the 25% minimum to all, through the administrators. They are offering 35% to unsecured creditors. Link to comment Share on other sites More sharing options...
Mantra Posted July 9, 2019 Share Posted July 9, 2019 Also, this seems a positive comment from Iles: “Although it is too early to give an exact figure, administrators are currently forecasting a return of 35 pence in the pound to unsecured creditors” Link to comment Share on other sites More sharing options...
Tommy Banks Posted July 9, 2019 Share Posted July 9, 2019 Those figures are eye watering. How can any business be allowed to run up such debt, the chairman must take responsibility for continuing to receive services he new couldn’t be paid for. You would also question the suppliers for continuing to provide services. Link to comment Share on other sites More sharing options...
Moderators Casino Posted July 9, 2019 Moderators Share Posted July 9, 2019 We owe the club doctor 70k What a good effort Link to comment Share on other sites More sharing options...
Mantra Posted July 9, 2019 Share Posted July 9, 2019 (edited) 4 minutes ago, Mounts Kipper said: They are offering 35% to unsecured creditors. Sorry I’ve just caught up. Obviously that’s pretty shit for the unsecured creditors but it’s better than the minimum. If they can forecast that though, there must be a good degree of positivity the deal will get done... Edited July 9, 2019 by Mantra Link to comment Share on other sites More sharing options...
Moderators Casino Posted July 9, 2019 Moderators Share Posted July 9, 2019 Pridemile is Tim breacker, chief scout? Link to comment Share on other sites More sharing options...
radcliffe white Posted July 9, 2019 Share Posted July 9, 2019 Some electric bill that Link to comment Share on other sites More sharing options...
Mantra Posted July 9, 2019 Share Posted July 9, 2019 (edited) Better than I was expecting on how much we owe Ken... Edited July 9, 2019 by Mantra Link to comment Share on other sites More sharing options...
lowcarbon Posted July 9, 2019 Share Posted July 9, 2019 the hotel administrators should release a similar report within a few days then Link to comment Share on other sites More sharing options...
Eavesy Posted July 10, 2019 Share Posted July 10, 2019 Wonder how that list of expenditure compares to say Preston. wonder who pays all those creditors at Preston? turn the tap off and the list would be the same for every single club up and down the country Link to comment Share on other sites More sharing options...
Marc505 Posted July 10, 2019 Share Posted July 10, 2019 8 hours ago, snowball said: Drama queen Another one who prefers fucking biltong I see. Link to comment Share on other sites More sharing options...
Site Supporter Biggish Dave Posted July 10, 2019 Site Supporter Share Posted July 10, 2019 7 minutes ago, Eavesy said: Wonder how that list of expenditure compares to say Preston. wonder who pays all those creditors at Preston? turn the tap off and the list would be the same for every single club up and down the country Football is bankrupt outside the prem. it’s only owners keeping the vast majority of the 72 going, they must be getting some bloody good tax breaks. Im not saying I want anyone to go bust but if that’s what it takes for football to wake up and smell the coffee then so be it Link to comment Share on other sites More sharing options...
Mounts Kipper Posted July 10, 2019 Share Posted July 10, 2019 (edited) The questions I would like answered is where did the money the EFL paid into the club in January/Feb go as it seems Ken’s paid no one for a long time. And how did Anderson become a secured creditor to the tune of 1.5 million when he’s put nothing into the club? Edited July 10, 2019 by Mounts Kipper Link to comment Share on other sites More sharing options...
Boothy Posted July 10, 2019 Share Posted July 10, 2019 5 minutes ago, Mounts Kipper said: The questions I would like answered is where did the money the EFL paid into the club in January/Feb go as it seems Ken’s paid no one for a long time. And how did Anderson become a secured creditor to the tune of 1.5 million when he’s put nothing into the club? Because he put something into the Club? Link to comment Share on other sites More sharing options...
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