DLH

This threads like the takeover, its on, its off, liquidated then back....

So KA entered into a contract with the Factoring Companies through Burnden Leisure? The Cash came in, Burnden Leisure lend it to ICI and then it disappeared... and KA will liquidate ICI for his £10 (Spongebob price) But (much akin to Mr Bassini), I'm assuming he didn't get EFL approval for this so maybe looking at a 3 year ban if it comes out in the wash?

It may be, but you still need to turn a profit...

Because they know he has no cash probably...

Ken must have lent us the extra £26.6m from his savings... maybe re-mortgaged the pad in Monaco... what a lovely man

Afraid not... use to post a bit on TW and BA... occasionally on here, this was the only password I could remember though

Bored of this now... particularly when it gets to trying to trip me up quoting elements from 2 separate responses. So the original quote is if you want, my honest opinion of what will be found, no knowledge just conjecture, its been alleged and wouldn't surprise me. Admin/Liquidation would flag this, as its more detailed than anything else, line by line analysis of everything stripping everything back to the last little detail... Its why the scandals only ever come out at the end when the shit hits the fan, because year end audits are not really worth the paper they are written on in terms of dirty secrets hidden in them... See Enron and a multitude of other similar events. Completion Accounts would be the same... prepared by whoever the shareholders decide to appoint. The 2nd quote is in response to you saying KA's family wealth is at risk and that he's some form of modern day messiah, I'm saying on the face of the Financial statements that comment is bollocks and highlights that he's far from risking his family wealth he's making it more wealthy, secured creditor and paying consultancy fees to himself etc...etc.. Loans against club assets not against him etc...etc... The only risk to his assets in all the information on Companies House is the loan he took against his shares with moonshift, I'm guessing it wasn't done for the greater good though I'm sure you'll tell us it was some heroic act of risking his families future wealth... How very convenient... so he developed a conscious in the last 20 months while not paying minimum wage staff or any bills, but borrowing money from The Davies Family, EFL etc...etc... and paying himself massive consultancy bonuses... impressive

But BWFC is a run of the mill tradeable commodity just like everything else, it has a price that the market is willing to pay for it, its just one with an emotional attachment for the majority on here... chances are whoever does get us in the end is going to view it as that, and if they're a decent owner they'll invest to realise the true value of that commodity. To be honest I don't care what Howard put on here, I'm purely talking about whats in the known published accounts held on Companies House as an accountant, and as you claim to be one also, you'll know that Anderson will have made sure that there is absolutely no coming back on him through the books, it'll all be against the club, so your comments are simply trying to wind people up on here and get a response. More than happy for everything I say to be treated with caution, they're in no way ITK as I said, merely conversations between 2 people who work in capital asset investment while they worked there way through 10 pints or so reminiscing about various events over the last 25 years or so. We both thought KA was a cunt, and as it happens so do others who've had to deal with him... Do you by chance live in Holland, and are some form of alter ego for Natasha? I vaguely remember a similarly tedious Chris from Burnden Aces many years ago.

No... Prisoner Paradox

Sorry I was thinking more the resignation letter... Surely KA needs to date that? I'd hazard a guess you're right in terms of the share recall.

All on companies house website... there is a link about 20 pages back... its just getting him to date it which may create issues...

Why would they not walk away? Let me give you a real life example, 5 weeks ago I went to a meeting with a business to discuss acquiring them, we (Me, the CEO and COO of the business I work for) had a figure in our heads of £2m max. 10 times EBITDA, well above average for the industry and not something they'd get close to unless they were dealing with one of our competitors, although our main competitors have stuff in the area so its unlikely they'd get close. The owners opening gambit was wanting £5m no less. we had a chat, pointed out a few home truths about the lack of certain information, unrealistic purchase price etc...etc... we proposed a decent bonus for them under certain conditions, would probably have put another £0.5m in his back pocket... The owner wouldn't move. We walked away, we move onto the next business opportunity in the area... We could have made £20-30 million in the next 18-24 months out of the business, but we can make £23-33m paying the right price... That's 10-15% difference in profit, so you walk away... We'll possibly buy one of the other local companies, probably make there owners millionaires, he loses out. As for the rest, feck me... he's put his family's financial wellbeing at risk? Didn't you say you worked for a private accountancy firm for 46 years?? I'm assuming you're on reception or something then? Everything in the public domain points to one thing, KA's mitigated all the risk from himself, and he's made a nice slice off the top in consultancy.

25 years of hatred just turned from rational to irrational.

Chris Malkin... fecking lanky bastard

Is that irrational though after what he did to Andy Walker....

London, 26th January, Somerstown Coffee House if you must know. You miss the point though, the prospectus aside (as the nature of that is propaganda) KA's trying to sell, but he's fucking everyone off, out of his depth playing with the big boys who see through his charade and know that they just need to wait... His actions and demands have driven away people who may have invested, because... he's a cunt You're right about one thing though, he needs to sell, his record and what any accountant worth there salt will "allegedly" find in an adminstration/liquidation situation goes one way for him, her majesties pleasure.... I'll not slag him off for taking over, he was possibly the only game in town when him and Deano did, but I'll slag him off for how he's trying to exit, particularly from what I have heard...

Gaspard said they made an offer.... Ken said he said no.... Sources Bolton Evening News and Chairman Ken's Propaganda weekly... admittedly neither are the most reliable and would be unlikely to hold up if we were infront of the Old Bailey

Complete speculation... The only ITK I do know is Ken's a cunt... A City based Investment Director told me that... he's a Bolton fan though, so maybe he was biased... He did however tell me about the prospectus that Howard kept mentioning, and what a work of fiction it was, and that he knew of people who had spoken to KA about a possible takeover, and that they had all said.... he's a cunt.

Ken. He still needs to accept the offer... I maybe in the minority, but I don't think Bassini was a plant, I think he's always been "genuine", and he was probably offering KA the best deal (both financially and reputation wise as he'd be less likely to flag any shit up), so KA has always wanted him from the moment he doffed his hard hat at KA's door. If they're not moving on the offer, then they'll not be completing until KA realises Bassini is a fraud and accepts.

Today, allegedly... But it could be the prisoner paradox and it may wait until tomorrow, or until thursday, or until Friday, or next week... But then it'll happen today... if its happens at all...

What points deduction was deferred wasn't it because they know that Oyston was a cnut and purposely pushed them into that situation? Or do you mean Birmingham? Deducted just enough to have no effect... If its upheld even the EFL know that it'd have a massive impact on any proposed takeover - more so than a points deduction, hitting league one and splashing the cash (if whoever gets us has any) could easily negate a 12 point penalty... Transfer embargo, with how many players we have left after we lose half the team who are out of contract is a lot less palatable if you have plans for success.

I'd be massively surprised unless Ken's still here come next season... I know the EFL are inept, but that'd be like committing corporate manslaughter on the club, slapping that on and putting of any possible buyers...

Howard maybe a WUM, may not.... but chances of Bassini having £2m are slim

Makes no difference I'm afraid.

People cling on to any hope in times of desperation