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Posted (edited)

Wonder if the Davies family are easier to deal with than Anderson? I bet Eddies family are sick to the back teeth of BWFC.

Edited by Burndens Bogs

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3 minutes ago, Burndens Bogs said:

Wonder if the Davies family are easier to deal with than Anderson? I bet Eddies family are sick to the back teeth of BWFC.

I would imagine they just want the money now, I don't believe his family have the same love for Bolton as he did.

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I suspect the Davies family don't particularly fancy getting involved in selling the club but have given Anderson the ultimatum, sell up, give us our money back and feck off or we will do it for you

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48 minutes ago, DomRepWanderer said:
Alan Nixon @reluctantnicko 5m5 minutes ago
MoreON. The Gme of Thrones bit coming closer. The other way to skin the 🐱 Davies family having a major say in proceedings. They have given a loan and want it back. They could even deal with a buyer instead if Anderson stalls on paying them. They want Eddie’s money now.

Getting very interesting now.

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2 minutes ago, Biggish Dave said:

I suspect the Davies family don't particularly fancy getting involved in selling the club but have given Anderson the ultimatum, sell up, give us our money back and feck off or we will do it for you

ED loaned the £5 million to KA secured against his shares. KA loaned it to the club. If the Davies family take those shares, they own the club and owe KA £5 million.

In theory.

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2 hours ago, boltondiver said:

Sluffy and Chris

 

Its happening ..Chruffy 🤣

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Posted (edited)

If Eddie Davies had been my father I would not have been very happy about the millions he pissed away on BWFC.

 

I hope the Davies family get some of their money back, they sure deserve it.

 

Edited by BUNBURY

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41 minutes ago, DomRepWanderer said:

BOLTON. The Game of Thrones bit coming closer. The other way to skin the 🐱 Davies family having a major say in proceedings. They have given a loan and want it back. They could even deal with a buyer instead if Anderson stalls on paying them. They want Eddie’s money now.

This is potentially very good news 

It may well mean that Eddies trustees and the other secured creditors are now conducting their own negotiations with prospective buyers , be very surprised if they aren't

If that is the case it may well mean between them they will undertake to fund the club in the immediate short term until a deal is concluded

That then reduces the urgency to get any deal over the line at any price and gives prospective buyers the opportunity to undertake all necessary due diligence. 

Wonder If there  is another as yet unknown bidder out there ? 

Interesting

 

 

 

 

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3 minutes ago, Benny The Ball said:

This is potentially very good news 

It may well mean that Eddies trustees and the other secured creditors are now conducting their own negotiations with prospective buyers , be very surprised if they aren't

If that is the case it may well mean between them they will undertake to fund the club in the immediate short term until a deal is concluded

That then reduces the urgency to get any deal over the line at any price and gives prospective buyers the opportunity to undertake all necessary due diligence. 

Wonder If there  is another as yet unknown bidder out there ? 

Interesting

 

 

 

 

But that scenario is playing very close to the wind as the HMRC court case comes up in just over 2 weeks.

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5 minutes ago, BUNBURY said:

If Eddie Davies had been my father I would not have been very happy about the millions he pissed away on BWFC.

 

I hope the Davies family get some of their money back, they sure deserve it.

 

I couldn't agree more.

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13 minutes ago, Boby Brno said:

ED loaned the £5 million to KA secured against his shares. KA loaned it to the club. If the Davies family take those shares, they own the club and owe KA £5 million.

In theory.

See your reasoning there.

Be great if they told him they weren't paying

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1 hour ago, DomRepWanderer said:

BOLTON. The Game of Thrones bit coming closer. The other way to skin the 🐱 Davies family having a major say in proceedings. They have given a loan and want it back. They could even deal with a buyer instead if Anderson stalls on paying them. They want Eddie’s money now.

Everyone says Nixon is a clueless prick, he posts this and people are analysing and celebrating what it means.

 

I am half expecting Mounts to declare him an expert next. 

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20 minutes ago, Mounts Kipper said:

Getting very interesting now.

Interesting that the interesting stuff seems to be around theTwitter account of Alan Nixon and not the esteemed thingy whatsisname.

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Just now, DomRepWanderer said:

But that scenario is playing very close to the wind as the HMRC court case comes up in just over 2 weeks.

I'm not suggesting it would drag on for weeks - It just strikes me as others have pointed out on here as difficult for the likes of Peter Kenyon to do all the necessary and complete by tomorrow

 

 

 

 

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6 minutes ago, Ani said:

Everyone says Nixon is a clueless prick, he posts this and people are analysing and celebrating what it means.

 

I am half expecting Mounts to declare him an expert next. 

Not on trade deals though. 

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BOLTON. Players had meeting today. Want to be paid by 5 tomorrow. Or consequences.

 

Excellent, we can have a clearout earlier than usual.

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Posted (edited)

Its beginning to look like Ken might be lucky to get his 472K back

 

Edited by Chris Custodiet

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Everyone leaving isn't a consequence it's a fucking brilliant result

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On 04/03/2019 at 14:06, Spider said:

was the only

maybe, just maybe new buyer has said "dont pay anyone, let them leave and we will buy the club with no wage bill and start from ground up" ???

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9 minutes ago, jmjhb said:

BOLTON. Players had meeting today. Want to be paid by 5 tomorrow. Or consequences.

 

Excellent, we can have a clearout earlier than usual.

They haven’t got a great negotiating position

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1 minute ago, HomerJay said:

maybe, just maybe new buyer has said "dont pay anyone, let them leave and we will buy the club with no wage bill and start from ground up" ???

Does not sound like a plan to me. 

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it's no wonder potential buyers are put off by all the shambles surrounding the club and KA, especially KA.

If i had £m I'd stay well clear of bwfc

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If we are playing songs.

KA could, in theory, be £5 million better off.

lyrics from the song above.

Oh shut up, silly woman, " said the reptile with a grin
"You knew damn well I was a snake before you took me in

 

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Is that definite that Ken has defaulted on the £5m loan from Moonshift?

If that's the case, then surely it would have been all over social media from our local news suppliers.

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This was from a month ago. If you read the thread, it’s been known for a while.

 

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