Sluffy Posted July 10, 2019 Share Posted July 10, 2019 12 minutes ago, Mounts Kipper said: I’d take that report with pinch of salt given they say KA put us in admin. He put the Hotel into Administration. Link to comment Share on other sites More sharing options...
Matthew1234 Posted July 10, 2019 Share Posted July 10, 2019 (edited) Is this report in the public domain yet anywhere? Edited July 10, 2019 by Matthew1234 Link to comment Share on other sites More sharing options...
Freddie Hill Posted July 10, 2019 Share Posted July 10, 2019 https://www.theboltonnews.co.uk/sport/17762162.counting-cost-administrators-lay-wanderers-complex-finances-bare/ Link to comment Share on other sites More sharing options...
Mantra Posted July 10, 2019 Share Posted July 10, 2019 Jesus. “It has been revealed that only one party paid the £25,000 fee but that five initial offers were received. Best and final offers were then requested by 4pm on June 12.” Link to comment Share on other sites More sharing options...
Site Supporter RONNIE PHILLIPS Posted July 10, 2019 Site Supporter Share Posted July 10, 2019 2 hours ago, Ratwhite said: Is he the brother of the Ice Skater, Rodney ? Dave Link to comment Share on other sites More sharing options...
Mantra Posted July 10, 2019 Share Posted July 10, 2019 25 million quid plus running costs to buy a football club that is likely to be in League Two next year. Who in their right mind would buy us? Link to comment Share on other sites More sharing options...
Marc505 Posted July 10, 2019 Share Posted July 10, 2019 1 minute ago, Mantra said: Jesus. “It has been revealed that only one party paid the £25,000 fee but that five initial offers were received. Best and final offers were then requested by 4pm on June 12.” And yet some journalists were having us believe there were 4 or 5 who'd paid? Link to comment Share on other sites More sharing options...
Tommy Banks Posted July 10, 2019 Share Posted July 10, 2019 6 minutes ago, Freddie Hill said: https://www.theboltonnews.co.uk/sport/17762162.counting-cost-administrators-lay-wanderers-complex-finances-bare/ It looks worse when you read it, Fildraw and KA disputing what they’re owed Link to comment Share on other sites More sharing options...
lowcarbon Posted July 10, 2019 Share Posted July 10, 2019 I wonder if the 'missing' money supposedly owed to fildraw and Anderson are actually tied up in the Hotel side of things Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted July 10, 2019 Site Supporter Share Posted July 10, 2019 1 minute ago, Tommy Banks said: It looks worse when you read it, Fildraw and KA disputing what they’re owed Same shit, different day. It'll be sorted one day. Link to comment Share on other sites More sharing options...
Benny The Ball Posted July 10, 2019 Share Posted July 10, 2019 3 minutes ago, Marc505 said: And yet some journalists were having us believe there were 4 or 5 who'd paid? Don't forget Bassini , Gaspard and FV had already had access to the relevant data as they had already been in discussions with KA so did not necessarily need to pay for what they already knew Link to comment Share on other sites More sharing options...
Mounts Kipper Posted July 10, 2019 Share Posted July 10, 2019 2 minutes ago, Benny The Ball said: Don't forget Bassini , Gaspard and FV had already had access to the relevant data as they had already been in discussions with KA so did not necessarily need to pay for what they already knew Doubt they’d have accessed the info from ken didn’t he want a fortune to see the books? Link to comment Share on other sites More sharing options...
gonzo Posted July 10, 2019 Share Posted July 10, 2019 13 minutes ago, Mantra said: 25 million quid plus running costs to buy a football club that is likely to be in League Two next year. Who in their right mind would buy us? Probably for land. Link to comment Share on other sites More sharing options...
Traf Posted July 10, 2019 Share Posted July 10, 2019 Jesus Christ, I thought I'd accidentally logged into BickeringAccountantsWays. Link to comment Share on other sites More sharing options...
Sluffy Posted July 10, 2019 Share Posted July 10, 2019 23 minutes ago, snowball said: This £5 million difference in what Sluffys hero says he is owed all do to that loan Fildraw 'gave' him and then he 'lent' to the club. Article also says Fildraw are claiming they are owed £17 million which is consderably more than the administrators are saying. Hope they are right but very murky. I'd like to think it has more to do with what is legal and what is not as I've said consistently throughout rather than 'picking' sides. The Administrator is the courts legal representative and he's had a team of 10 forensic accounts going through the books, so unless Ken can prove him and the accounts wrong in court then he hasn't got a hope of seeing a penny of his extra £5m that he is claiming. (I think fwiw he secured the bulk of the £5m he put in on the assets freed when the BM loan was settled, most of which was on the hotel of which James/PBP was the primary charge holder My understanding is that IF the hotel had insufficient funds after satisfying the primary charge holder, then all consequential secured claims on that asset fail in full - and so he probably did lose the lot. No doubt the report from the Hotel Administrator will show what exactly did happen). It does sound more concerning about Fildraw's claims but no doubt the Administrator as again taken the proper action based on his findings. Maybe Fildraw may wish to consider taking the matter further with Mr Anderson's legal advisors perhaps if they believe money went into the club but nothing was reordered as such by the club? Maybe I'm misunderstanding something somewhere? Link to comment Share on other sites More sharing options...
Benny The Ball Posted July 10, 2019 Share Posted July 10, 2019 8 minutes ago, Mounts Kipper said: Doubt they’d have accessed the info from ken didn’t he want a fortune to see the books? At one point he did , however ED trustees were entitled to have detailed financial information under terms of charge they had over club , and one way or another relevant Information was available to potential buyers Link to comment Share on other sites More sharing options...
lowcarbon Posted July 10, 2019 Share Posted July 10, 2019 think we're all gonna be experts in Financial business when this take over is final done. Link to comment Share on other sites More sharing options...
Traf Posted July 10, 2019 Share Posted July 10, 2019 1 minute ago, lowcarbon said: think we're all gonna be experts in Financial business when this take over is final done. We're not, but half a dozen or so on here really think they already are. Link to comment Share on other sites More sharing options...
lowcarbon Posted July 10, 2019 Share Posted July 10, 2019 Just now, Traf said: We're not, but half a dozen or so on here really think they already are. I must admit, loads of it goes right over my head. When does football start? Link to comment Share on other sites More sharing options...
JJ10 Posted July 10, 2019 Share Posted July 10, 2019 Doncaster appointed Darren Moore. Frustrating that we could of got someone like that had we not been stuck with Parky. Link to comment Share on other sites More sharing options...
Marc505 Posted July 10, 2019 Share Posted July 10, 2019 5 minutes ago, JJ10 said: Doncaster appointed Darren Moore. Frustrating that we could of got someone like that had we not been stuck with Parky. He's not exactly Guardiola. Link to comment Share on other sites More sharing options...
Traf Posted July 10, 2019 Share Posted July 10, 2019 9 minutes ago, lowcarbon said: I must admit, loads of it goes right over my head. When does football start? 1. you're better off letting it all go over your head 2. not soon enough. Link to comment Share on other sites More sharing options...
tomski Posted July 10, 2019 Share Posted July 10, 2019 11 minutes ago, Traf said: We're not, but half a dozen or so on here really think they already are. I was taught what a loan was today 😂 Link to comment Share on other sites More sharing options...
Sluffy Posted July 10, 2019 Share Posted July 10, 2019 11 minutes ago, Benny The Ball said: At one point he did , however ED trustees were entitled to have detailed financial information under terms of charge they had over club , and one way or another relevant Information was available to potential buyers It surprises me then that Fildraw wasn't fully aware then that there was a significant discrepancy in what they believed they had secured in the club and what the Administrator actually found that they had. Both sides knowing what they are doing but not coming to the same outcome? Something doesn't sound right to me. Link to comment Share on other sites More sharing options...
JJ10 Posted July 10, 2019 Share Posted July 10, 2019 7 minutes ago, Marc505 said: He's not exactly Guardiola. Neither is Parky. Link to comment Share on other sites More sharing options...
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