Jump to content
Wanderers Ways - passion not fashion
Kane57

Taken over?

Recommended Posts

2 minutes ago, Walkden White said:

Thinly veiled 'it's all the protestors fault'

Well they ain’t fucking helped. 

Share this post


Link to post
Share on other sites

Some things don't change, including that fucking tank top!

But basically what he's saying, like someone has stated above, "Its not my fault and everybody else has an agenda against him"

From a hotel perspective I remember Ken telling us he had re-nogatiated the terms with Heathcote and the hotel was doing well. Seems to contradict himself a lot, I gave him the benefit of the doubt, it may turn out to be reet, it may not. No Fucker knows apart from Nixon & Jim

Share this post


Link to post
Share on other sites
3 minutes ago, bwfcfan5 said:

Before ED stopped funding the club - did he receive abuse? Because I don't remember that. I remember general sympathy for him that he's shoved over £100M in and we'd little to show for it. 

 

 

Yes plenty on here and elsewhere explained how he was lining his own pockets by the interest he was charging.

The people wanted Sam sacked.

They do not go to many games these for a a whole string of reasons.

Share this post


Link to post
Share on other sites
2 minutes ago, birch-chorley said:

Plenty had him down for syphoning off millions to be fair

More balanced view on here at the time of I recall but plenty stick elsewhere 

A few cranks. You get that everywhere. I don't recall widespread anger/moaning directed at ED directly - until of course he turned the taps off....

Share this post


Link to post
Share on other sites
1 minute ago, hughmungus said:

Re the latest Chairmans rants

Those of a nervous disposition shouldn't read it, its all our fault etc etc...

When he mentions Ed Davies not being welcome, I don't recall any of us being particularly angry towards him - in fact he was always ready for a chat when he was seen at games. So its a bit rich of the deluded idiot to keep dragging ED in as justification for not even being bothered about the club.

He's a spoilt brat, taken his ball home because he was shitter than his mates. 

Kunt.

Share this post


Link to post
Share on other sites
2 minutes ago, Mr Grey said:

Some things don't change, including that fucking tank top!

But basically what he's saying, like someone has stated above, "Its not my fault and everybody else has an agenda against him"

From a hotel perspective I remember Ken telling us he had re-nogatiated the terms with Heathcote and the hotel was doing well. Seems to contradict himself a lot, I gave him the benefit of the doubt, it may turn out to be reet, it may not. No Fucker knows apart from Nixon & Jim

Aye Ken has told us numerous times how he has improved deals only to slag those deal of in the next couple of months.

Share this post


Link to post
Share on other sites

Telling staff a sale is imminent is a good way to keep them there as long as possible.

Kens notes are always a bit narcissistic, but that one has extremely troubling undertones.

No buyer even alluded to.

Hope I’m very wrong, but this is a bit doom-laden if you ask me.

Share this post


Link to post
Share on other sites

adjournment has been granted until May 8 in the Bolton Whites Hotel winding-up hearing at the High Court - iles

Share this post


Link to post
Share on other sites
Just now, Spider said:

Telling staff a sale is imminent is a good way to keep them there as long as possible.

Kens notes are always a bit narcissistic, but that one has extremely troubling undertones.

No buyer even alluded to.

Hope I’m very wrong, but this is a bit doom-laden if you ask me.

Nixon saying this is to "soften the blow" when Bassini is paraded round the ground wearing a BWFC scarf....

We'll see.

Share this post


Link to post
Share on other sites

Ken is not a nice chap, he is also one of the three secured creditors. The silence from the other two is deafening. Surely they can't let the club go under.

Share this post


Link to post
Share on other sites

20% of turnover from catering seems about right to me 

The most popular item will be a pint at say £4 

the duty is say £0.80, the club then gets its 20% another £0.64 which leaves circa £2.60 for heathcoat

I’m not 100% sire what a barrel of beer costs but believe your looking at about £1.50 a pint? Leaves heatcoates just over £1 to pay all the kiosk staff and try to turn a profit 

It doesn’t quite feel like the ‘bad deal’ that Ken has made it out to be for me, just feels like another excercise in passing the book 

We certainly won’t be rolling in extra money if / when heathcoat is removed 

 

Share this post


Link to post
Share on other sites

It doesn't sound good does it. Think he was right about funding clubs outside the premiership. Without speaking ill of those no longer with us I can't get my head around business people allowing the club to incur the millions of pounds of debt when quite clearly it couldn't survive outside the prem. I get the issue of trying to get promotion but there should always be a plan B. 

Share this post


Link to post
Share on other sites
2 minutes ago, birch-chorley said:

20% of turnover from catering seems about right to me 

The most popular item will be a pint at say £4 

the duty is say £0.80, the club then gets its 20% another £0.64 which leaves circa £2.60 for heathcoat

I’m not 100% sire what a barrel of beer costs but believe your looking at about £1.50 a pint? Leaves heatcoates just over £1 to pay all the kiosk staff and try to turn a profit 

It doesn’t quite feel like the ‘bad deal’ that Ken has made it out to be for me, just feels like another excercise in passing the book 

We certainly won’t be rolling in extra money if / when heathcoat is removed 

 

Heathcote had stopped food hadn't they?

But ale was still flowing- is it through a different lot?

Share this post


Link to post
Share on other sites
8 minutes ago, Ani said:

Aye Ken has told us numerous times how he has improved deals only to slag those deal of in the next couple of months.

He also needs to improve his clobber, Fucker never mentions that 😀

Share this post


Link to post
Share on other sites
5 minutes ago, Tommy Banks said:

It doesn't sound good does it. Think he was right about funding clubs outside the premiership. Without speaking ill of those no longer with us I can't get my head around business people allowing the club to incur the millions of pounds of debt when quite clearly it couldn't survive outside the prem. I get the issue of trying to get promotion but there should always be a plan B. 

 plan B was gartsides premier league 2

Share this post


Link to post
Share on other sites

I want Anderson out ASAP but if it’s for Bassini without any money meaning we have another 3-4 years like the last then just wrap the club up and we can all move on. 

Share this post


Link to post
Share on other sites

He seemed very angry, even his beloved parky got a bit of stick. Hopefully someone has gone behind his back and screwed him over 🤞

Share this post


Link to post
Share on other sites
16 minutes ago, Tommy Banks said:

It doesn't sound good does it. Think he was right about funding clubs outside the premiership. Without speaking ill of those no longer with us I can't get my head around business people allowing the club to incur the millions of pounds of debt when quite clearly it couldn't survive outside the prem. I get the issue of trying to get promotion but there should always be a plan B. 

I can explain it....

Go back to when PG first took charge. The club was in a mess, Todd and Frandsen went - there was a huge financial blackhole. It was run carefully for a number of seasons and even managed to gain promotion under Allardyce. Cast your mind back to those first couple of premiership seasons and spending was tight, the club broke even or made a profit. And players were on heavily performance based deals with relegation clauses.

But as time goes on...Sam wants to sign better and better players. These players won't come if they're being told "we're halving your wages if we go down". They don't want to be at a club that might go down. So relegation clauses go. You have an incredibly ambitious manager who runs the club from top to bottom and has a big say over player budgets. To keep him happy and because the premiership money is there you relax a little. Then things go well. And Europe is in sight. Still you've spent little getting here. But the manager wants more, naturally. So you start asking ED for money to buy a couple of players. He gives a little at first, for Diouf. Then more for Anelka. Then suddenly you're a spending club with a large wage bill. Then the manager goes and things go South a bit...at this point you've already overstretched and are at risk of losing the premiership millions. Do you a) ask for more investment try and stay up and rebuild or b) cut your losses and go down...we went for a), not unreasonably. But spent money. Then a bit more. Then we're in too deep to risk going down. So we spend more. And make bad managerial appointments. Some disastrous ones. then we go down and are in a huge hole. But if we go back up there is more money than ever...so we spent a bit more to go back up...fail...

 

Its easy in hindsight to say we should have been sustainable and told Allardyce he couldn't sign those expensive foreign stars and instead stick to a budget. But once you don't...once you start loosening the purse strings. Its hard to stop. 

 

Share this post


Link to post
Share on other sites
29 minutes ago, bwfcfan5 said:

Nixon saying this is to "soften the blow" when Bassini is paraded round the ground wearing a BWFC scarf....

We'll see.

Better than liquidation TBH. If its Bassini i'd rather Anderson just said he's in the process and be done with it.

Share this post


Link to post
Share on other sites
7 minutes ago, bwfcfan5 said:

I can explain it....

Go back to when PG first took charge. The club was in a mess, Todd and Frandsen went - there was a huge financial blackhole. It was run carefully for a number of seasons and even managed to gain promotion under Allardyce. Cast your mind back to those first couple of premiership seasons and spending was tight, the club broke even or made a profit. And players were on heavily performance based deals with relegation clauses.

But as time goes on...Sam wants to sign better and better players. These players won't come if they're being told "we're halving your wages if we go down". They don't want to be at a club that might go down. So relegation clauses go. You have an incredibly ambitious manager who runs the club from top to bottom and has a big say over player budgets. To keep him happy and because the premiership money is there you relax a little. Then things go well. And Europe is in sight. Still you've spent little getting here. But the manager wants more, naturally. So you start asking ED for money to buy a couple of players. He gives a little at first, for Diouf. Then more for Anelka. Then suddenly you're a spending club with a large wage bill. Then the manager goes and things go South a bit...at this point you've already overstretched and are at risk of losing the premiership millions. Do you a) ask for more investment try and stay up and rebuild or b) cut your losses and go down...we went for a), not unreasonably. But spent money. Then a bit more. Then we're in too deep to risk going down. So we spend more. And make bad managerial appointments. Some disastrous ones. then we go down and are in a huge hole. But if we go back up there is more money than ever...so we spent a bit more to go back up...fail...

 

Its easy in hindsight to say we should have been sustainable and told Allardyce he couldn't sign those expensive foreign stars and instead stick to a budget. But once you don't...once you start loosening the purse strings. Its hard to stop. 

 

Great post 👍

Share this post


Link to post
Share on other sites
3 minutes ago, dazl1212 said:

Better than liquidation TBH. If its Bassini i'd rather Anderson just said he's in the process and be done with it.

if its bassini atleast we are still alive and he could sell again. dont think bassini would be as bad as ka in a way of when he has to sell. may be ka on steroids though

 

Share this post


Link to post
Share on other sites
Just now, sleepingindian said:

if its bassini atleast we are still alive and he could sell again. dont think bassini would be as bad as ka in a way of when he has to sell. may be ka on steroids though

 

Exactly, thats the main thing. Liquidation is not really an option to sane people.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.