DLH

Possibly the wrong place for this, but massive shame about Chris Froome, I get why he polarises opinion and Sky/Ineos pushing the boundaries of whats acceptable in terms of TUE's, but hope the fella recovers from this to have a go at a 5th tour https://www.bbc.co.uk/sport/cycling/48617835 Compound leg and elbow fractures by all accounts, and then into ICU

That was in March? FWIW, I'd be happy with them, from what we know, that's not a lot... first choice manager has gone though.

I'll be happy if its not Bassini given what we know at the moment... still not done yet, but the fact that £1m has been pumped in is certainly promising.

I think/hope that means to pay the current contracted players and avoid more jumping ship... possibly even mean we can offer new contracts to the Brockbanks of this world.

Without speculating who knows, though I'd probably argue that if you are securing a loan against ownership/control of the club you aren't entirely trusting of the individual you are lending the money too. Don't get me wrong, it could well be that KA "pumped" money into the club and we have 2 elements of debt created in a couple of weeks that are purely coincidental, but if you had the cash to pay off BM why go to ED in the first place? Particularly when defaulting means you risk losing the club for nothing.

@Sluffy timing semantics... so it could be the same £5m. KA could have put £5m cash in to settle blumarble, may have had to get it done quick given the negotiations. So that transaction could have been done before the secured debt agreement was drawn up.... KA as the director isn’t going to sign off the agreement

You’ve put that a lot better than I did, but that’s the point I was trying to make badly... the cash from the loan could have gone anywhere... it’s just been secured against ICI and BL. I think the 3 way transaction is very likely different to what you are saying, but we can agree to disagree on that. For me, and this answers @Sluffy, the cash from the loan probably went to KA, and that is what he secured against bwfc assets. £5m moonshift to KA, then KA loans to BL, BL pay off BM... paying debt with debt, but only ever £5m.

@Mantra, yep, that being the obvious fuck up.... if it wasn't he shouldn't have said it... particularly being through the channels he used - ie the club website. May just be me, but I just thought the response from Quantuma was a bit bullish, didn't point to trying to work in partnership or anything to get the best outcome (I appreciate the best outcome they'd work for is possibly different to what a fan would want)... could have just been me though @sleepingindian Hmmmm Icelandic Bankers....

@Sluffy what if Moonshift paid ICI the £5m... does that help your conundrum? The Moonshift loan was/is secured against ICI and BL assets, not the hotel. At the time of that loan, I'll hazard a guess that all assets in the hotel were borrowed against via PBP and BM.

@Mantra 3 doesn't work however you look at it unless its someone with money to throw away and an axe to grind... working in partnership with the club it's losing £0.5m a year. Cut ties and that would plummet.... It makes absolutely no commercial sense to be pedaling it separately.... even less the stance Quantuma took of setting the stall out of doing it there way after the obvious fuck up from the club administrators, if that burns bridges with any potential club owner

Hotel's probably slightly less of a mess so Quantuma could get an idea of what needs to be done quicker. You have to announce the appointment on The Gazette first, putting it in the public domain, then the administrators have to submit an outline of the plan to get out of Administration to Companies house within 8 weeks. This is where my knowledge ends and its been longer than I care to remember since I studied any of this, so I'm assuming here a little, but I think that's the first real deadline for Companies house. I'm not certain if that plan gets published though, so it may be just the documents you see on the hotel that stay in the public domain.

No, if I remember rightly you have 8 weeks to file everything with Companies house in an Administration situation, could be wrong about that though... with most things at Companies house it tends to be longer than you think.

same for me too. Mates an O, says he had worked miracles there since taking over.

@Sluffy except the max value you pay as an investor buying the hotel now, and not as part of the club, per the last accounts is £5m net asset value. Assuming another 2years of those levels of losses that’s £4m now. Part of the club sale adds value from a commercial opportunity point of view. KA putting the hotel in admin with his mates at Quantuma smacks of one last fuck you or him trying to keep hold of the hotel, because from a purely getting the best value point of view it makes little sense

Let us dream though

Which could of course have changed over the 3 years or so he was trying to get out... If at the start we had lets say £30m of interest charges inflating the debt I imagine it could have been off putting to any potential buyer if ED wanted it all back plus some. All irrelevant now really and not having a go at ED, we owe him a hell of a lot. I'd still be happy with Ashley

In his entire tenure in charge? Adding the values to the debt didn’t help though... £6m a year or whatever it was he charged inflated the debt.. may not have impacted cash flow, but would the investor ratios

Because you’re paying off the debt not just the interest... so in terms of eddie selling the club, the money taken out by him for interest on the debt would have reduced the overall debt figure... possibly making the overall proposition slightly more attractive and meaning no chancers like deano and KA taking over.... purely speculative like... Not slagging off Eddie in any way. Ashley makes his money through Sportsdirect, only so many kettles a club can buy.

To be fair I don't think any one can be more specific... We've not seen financialy statements for near enough 2 years, and anyone who has seen the true picture will be under an NDA.

Why do we need accounts? KA's "pumped" low millions in... and charged us a consultancy fee for the privilege... not certain about if he charged us interest as well....

How so? don't think anyone pumped enough in to keep us viable over the last few years...

He's pumped enough in to keep them viable, he gets back what he puts in when he can, but the last accounts were something like £150m in loans from Ashley to the club (and key interest free)... I'd love to have seen interest free loans at Bolton over the last 25 years or so... Don't get me wrong, I want a Sheikh Mansour, but if we get someone like an Ashley I'd be fine with that.

If it’s not bollocks, Ashley would be alright for us... we’re not as deluded as our friends in the north... we want a billionaire he fits the bill....

St Neots 20+ miles in any direction to any league team, literally no-one supports a local team, all Hammers, Spurs and United... the only local team I know a fan of is Cambridge United and he still harp on about Dion Dublin... So I assume Peterborough United harp on about Barry Fry, Northampton about Adebayo Akinfenwa and MK Dons Aaron Wilbraham.

Howard is Natasha