Chris Custodiet
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Posts posted by Chris Custodiet
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23 minutes ago, Traf said:
Tedious cunt.
Depressing, ain't it Sluffy, reading some of the comments from the Richard Heads on WW?
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13 minutes ago, Mr Grey said:
You both seem to want to hijack football threads, topics with accountancy financial drivel, we know it's been at the forefront for the last few years, but somebody opens up a football related topic and you turn it into a BACS/SAGE sheet.
This is a topic about the Fanzone, and if you two (Custard & Sluffy) want to play WW Apprentice, why not open another thread and see if anyone is interested in the debate.
I can see you both sat there jizzing over each other's replica Ken tank tops!
Anyway, Fanzone, hope it works, loads of fans with kids and it's an ideal place for them, it's were the yoof starts.
Silly me. I thought it was about the champions of the people and whizzo business brains of the ST who through their brilliant and persistent diligence are going to bring the Fanzone back to its adoring followers.
But its a fair point about somewhere for the kids, specially when its raining stair rods.
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8 hours ago, Sluffy said:
I'm aware of who Riggins44 was, an extremely odd bloke I found who seems to desperately seek attention through confrontation and abuse on social media and who has been banned countless times on Twitter to my knowledge. He was for a time an acolyte of Bower, Smurf, etc, under his many user names one of which Stan Bartolome had been mentioned a time or two on here iirc.
He's one of those who adds #FBPE to his twitter name and rages about Brexit all the time - or at least he used to - probably still does
Each to their own and all that but not someone I'd particularly like to have a pint with.
He probably thinks the same about me too!
That figures. Birds of a feather, eh?
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1 hour ago, RoadRunnerFan said:
Big fan of the rhythm guitar is he?
Don't know what he's into but he's as dumb as a door knob. Even dumber than Riggins44. Here are another couple of Lowbrow sketches. I know you'll love 'em:
‘’Ah, Riggins, there you are. Have you finished the homework I set for you last week?’’
‘’Yes, Sir. I left it on your desk, Sir.’’
‘’Well I haven’t seen it. Why would that be?’’
‘’I don’t know, Sir. Maybe somebody stole it, Sir’’
‘’Now who would want to steal your homework, Riggins?’’
‘’Davies, Sir’’
‘’Why would Davies want to do that, Riggins’’
‘’I don’t know, Sir’’
‘’I don’t want any more of that nonsense, Riggins. The question I asked was, if Bolton Wanderers lost £9million in 2013/14, how did it manage to pay the players monthly wages? So what was your answer, Riggins?’’
‘’I can’t remember, Sir.’’
‘’You can’t remember, Riggins? We can’t expect you to pass GCSE Business Studies if you forget things so quickly, can we Riggins?’’
‘’I don’t know, Sir’’
‘’Can you remember the school motto, Riggins?’’
‘’Oh yes, Sir. Nil desperate dan, Sir.’’
‘’Not quite, Riggins. Its nil desperandum. Its Latin and it means don’t despair.
We don’t teach Latin at Lowbrow Academy but do you know what despair means, Riggins?’’
‘’No, Sir’’
XXXXXXXXXXXXXX
‘’OK boys, you can go now. Riggins, would you stay behind please.’’
‘’Who Sir, me Sir, I haven’t done anything Sir. It were Davies, Sir.’’
‘’I want to speak to you about your homework, Riggins. You seem to be getting rather confused.
I first asked you if, as reported, BW was losing £1m per month in 2014/15 how do you think the monthly wages got paid. Do you remember your answer Riggins?’’
‘’Not exactly, Sir.’’
‘’Well I do. It was something of a confusion, and you seem to be easily confused, but you came to the conclusion that Davies must have put in £12m in that year.
Do you know why that was not a very good answer, Riggins?’’
‘’No, Sir.’’
‘’Well, Riggins. There are two reasons:
1. We haven’t seen any accounts for 2014/15, have we, so we don’t know that the £1m per month was accurate
2. We haven’t seen any accounts for 2014/15 so we don’t know if anyone else put any money in.
Do you understand Riggins?’’
‘’I think so, Sir’’
‘’So I then asked you about the 2013/14 season and you said you’d given your answer but couldn’t remember what it was.
But you hadn’t given an answer had you, Riggins? Did you not understand that the 2013/14 season was not the same as the 2014/15 season?’’
‘’I don’t know, Sir.’’
‘’Now I’d like to ask you about something else, Riggins.
You keep accusing Davies of things that aren’t true. Why are you doing that Riggins?’’
‘’Well I don’t like him, Sir. None of us like him, Sir. He doesn’t play with us, Sir.’’
‘’Has he been giving you his pocket money, Riggins?’’
‘’No, Sir.’’
‘’Are you sure, Riggins?’’
‘’He’s not given us much, Sir.’’
‘’How much has he given you, Riggins?’’
‘’I don’t know, Sir.’’
‘’Can you not remember, Riggins?’’
‘’No, Sir.’’
‘’Have you been calling his father names, Riggins?’’
‘’No, Sir. Not me Sir?’’
‘’Have you been calling him a tax dodger, Riggins?’’
‘’Well he is, Sir. My Dad says it stands to reason, Sir. His Dad lives in the Isle of Man, Sir, and he’s got this thingy somewhere, and he’s, and he’s and he’s..’’
‘’Just a moment, Riggins. Are you sure this is what your father told you?’’
‘’Oh yes’ Sir.’’
‘’Is your father an expert on taxes?’’
‘’Oh yes, Sir. My Dad knows everything, Sir.’’
‘’Remind me what your father does for a living, Riggins.’’
‘’He’s a taxi driver, Sir.’’
‘’I see. Thank you, Riggins. I’ll have a word with Mr Handysides and see if we can get him to take you for woodwork. I don’t think Business Studies is going to be the best subject for you.’’
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24 minutes ago, Sluffy said:
Scientia potential est.
Nil desparate Dan.
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59 minutes ago, Sluffy said:
I think you most certain were - Hurst defends himself against links to Phil Gartside.
Mr Hurst has since sadly passed away -
I've no idea if Allanson is somewhere in the background at the ST or not.
I doubt it though.
It does seem that his solicitor offices have accordingly now been finally closed down by his professional body -
Decision - Closure
Reasons/basis
An Adjudicator is satisfied that Mr Allanson has failed to comply with the SRA Principles 2011, the SRA Accounts Rules 2011 and the SRA Practice Framework Rules 2011 being rules made under sections 31 and 32 of the Solicitors Act (paragraph 1(1)(c) of Schedule 1 to the Solicitors Act).
Intervening agents
John Owen of Gordons LLP, 1 New Augustus Street, Bradford, BD1 5LL has been appointed as the intervening agent.
https://www.sra.org.uk/consumers/solicitor-check/132976/
And this from Gordons -
What has happened to Allansons LLP?
Allansons LLP of 1st Floor, Queens Buildings, Central Street, Bolton, Lancashire, BL1 2AB,
658 Ormskirk Road, Pemberton, Wigan, WN5 8AQ and
44 Clarendon Road, Watford, Hertfordshire, WD17 1DR (‘Allansons’),
has been closed down by the Solicitors Regulation Authority (‘SRA’). This is called an intervention. The intervention took place on 24 May 2019.
Gordons LLP of 1 New Augustus Street, Bradford, BD1 5LL have been appointed to help the SRA with the closure. They are called the SRA’s Intervention Agent.
What does this mean?
If you were a client, Allansons can no longer act for you. You will need to find another lawyer to act. Gordons are not acting for you.
https://www.gordonsllp.com/allansons-llp-sra-intervention/
Did Iles ever do his article on Mr Allanson, the one time ST golden boy spokesman who set up the company to take ownership of the club on behalf of the ST?
https://beta.companieshouse.gov.uk/company/11612819
There is also quite a strange follow up to Allanson's if anybody is interested - make of it what you will???
https://www.sra.org.uk/consumers/scam-alerts/2019/sep/allansons-llp-litigation-funder/
Depressing, ain't it Sluffy, reading some of the comments from the Richard Heads on WW? Still not quite as bad as the Beeno. I wonder if any one of them used to contribute to the Beeno as Riggins44 or Riggermortis ,winner of the 2016 Bonehead of the Year award.
Bonehead of the Year 2016
Good morning, boys. We have a special award to make this morning and some very special guests that I would like to welcome to Lowbrow Academy.
Firstly I would like to introduce Mr Anderson-Shelter who is chairman of our governors and his very good friend and fellow governor, Mr Codswallop.
Mr Anderson-Shelter and Mr Codswallop joined the Board of Governors in March this year following the retirement of our principle benefactor, Mr Davies.
Mr Davies spent more than £175million in supporting the academy since 1999 and in appreciation our governors kindly presented him with a Poundland Gift Voucher to spend on anything he wanted. I am told that Mr Davies decided to spend it on a new trowel to use on his Isle of Man allotment and I hope that it has lasted the summer.
A number of members of staff have left this year to continue their careers elsewhere and we wish them all well especially our former Games Teacher, Mr Lemon. We welcome his replacement, Mr Parkinson, who has been doing very well with the school football team after some early disappointing results against Cheltenham Ladies College and Blackpool Jobseekers Club.
But it is in financial management that our new governors are showing their true mettle. Monthly losses have been slashed to £800,000; the audited accounts have been promised soon and are presently only nine months late and new accountants, Messrs Tickit, Blottit and Scarper, will soon be brought in to replace Dolittles.
You may not have heard of TBS but they have some splendidly refurbished offices in the town thanks to the foresight and generosity of Council Leader, Mr Minor.
Unfortunately I have some sad news to report. Mr Pennyfeather has recently been admitted for treatment in the Asylum for Broken Arithmetic Teachers.
However ABAT has a very good record so we hope to be able to welcome Mr Pennyfeather back in the not too distant future. In the meantime Miss Pickles from the Domestic Science department will undertake Mr Pennyfeather’s duties.
Now I would like to welcome the Chief Football Writer from the Bolton News, Mr Marc (I’m no business expert) IIes to present the BN 2016 Bonehead of the Year Award. Competition for this award is always intense but this year it has been fiercely contested and the judges have had a very difficult job picking a winner from so many deserving candidates. However one candidate stood out for consistent idiocy and stupidity throughout the year and I can now announce that this year’s worthy winner is Riggermortis.
Please show your appreciation for our invited guests and winner of the BN 2016 Bonehead of the Year, Riggermortis.
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8 minutes ago, Sluffy said:
I believe you are thinking of Richard Hurst?
I think you are right again, Sluffy. Your memory ain't too bad is it?
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42 minutes ago, MickyD said:
Sluffy, don't flatter yourself that I can be arsed trolling you. I picked up on a point you made, commented and moved on. It's what makes this medium work.
Chris custard, likewise, I don't doubt your issues but I made the observation that a once independent auditor could then later be head hunted onto the board thus becoming unavailable in future to serve as the independent auditor.
If as Sluffy says, you were previously a senior fire officer you plainly carried out vitally important work but might not have realised that the words you used in this instance were entirely inappropriate to the circumstance. You probably didn't mean it but the actual position did need to be made absolutely clear.
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1 hour ago, Sluffy said:
It's been quite apparent to me from very early on that the wrong people got involved, took charge and are more or less all still there (or thereabouts).
Clearly there was overwhelming support and goodwill from countless Wanderers supporters from the off, many offering their professional expertise, skills and knowledge to make the ST a success but in reality what happened was the founders kept tight control of it and seemingly only brining on board with them people they knew or those with the same narrow mindset as themselves, to the exclusion of everyone else.
Their agenda and actions since has turned this tidal wave of support for them to virtually universal indifference, well within their four years of existence. That's not me simply being anti the ST but just saying it as it is.
It would appear to me that they haven't set much importance on the administration and running of their public society in line with their own written constitution and that's why I now question if they are even constituted as a legal entity anymore?
Anyway I've made my point and will leave it at that.
It will however be interesting to see who covers the costs for running the event, as apparently it ran at a loss previously and the match day attendances have reduced by a few thousand since then.
I'm far from convinced that everyone has noticed the ST's shortcomings. Their attitude to everything has been scarcely different to Marc Iles (or any of FIBS) and he still seems to have his following, even on here. The Holdsworth/Anderson takeover was never reported with any sensible objectivity or competence and still hasn't been. If its up to Marc Iles or the ST, I doubt it ever will be.
Holdsworth and Anderson could no more afford to pay BWFC's debts than they could walk across Morecambe Bay when the tide was in and that's not what either of them ever undertook to do. Iles, the ST and two members of the House of Lords seemed to believe that one of them had.
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1 hour ago, Sluffy said:
It's difficult to know who exactly is on the ST Board at all Chris.
According to their statement of accounts for July 2018, they had just FIVE Board Members being Rigby, Tetlow, Smith, Brown and Nightingale (page 17 - Independent Examiners Report dated 21/12/18) which was signed off by Mike Egan, who is indeed shown on the ST's own official web site as being their Treasurer!
https://www.bwfcst.co.uk/about-us/board-members/
Yet the ST's accounts of which he independently verifies list SIX Board Members (see both pages 4 and 14 also dated 21/12/18) with Allanson being shown on them.
https://mutuals.fca.org.uk/Search/Society/23715
If this isn't baffling enough their Chairman Terrance Rigby in his Introduction to the New Board in January 2018 stated that Ian Bridge was also now a Board Member (co-opted) too!
And also that Mike Egan wasn't - although to this day he's clearly shown as being so, almost TWO YEARS later!
https://www.bwfcst.co.uk/a-few-words-from-the-new-bwfcst-chairman-terence-rigby/
It would seem to me that they are either keeping one or more of their Directors somehow secret from the public eye or much more likely constituted with just five Board Members - Rigby, Tetlow, Smith, Brown and Nightingale, which if so is in breach of their own constitution that "The Society shall have a Board of Directors comprising not less than six and not more than twelve persons (Constitution of the Board - Rule 56)" and simply 'padded' up their number for public consumption by keeping Egan as being shown even though he's not been officially involved as such for a couple of years?
Their inability to even state publicly such basic information as to who their own Board Members are on their own official website clearly makes a complete mockery of their stated objective of 'operating democratically, fairly, sustainably, transparently and with financial responsibility and encouraging the club to do the same" (Objectives - Rule 4.4).
Should be fun then watching them attempt to organise a piss-up at the
breweryFanzoneLoads of stuff here that suggests ST governance is in need of improvement, Sluffy, but is there any point in listing it all.Their first Annual Return stated that they had an officer (the Treasurer) who wasn't a member of their committtee. I can't say I've come across that idea very often.
I think the truth is that the ST has always struggled to find individuals with something to offer and a willingess to spend their valuable time with folk with very little business sense. And that is 'only the beginning' of reasons not to get involved with them.
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57 minutes ago, MickyD said:
I've re-read your post and you very much suggested exactly as I responded.
You could not be more wrong. You should not be making the inferences you have made and it should not need explaining but those who appoint Independent Examiners and those who accept appointment as Independent Examiners should reflect on whether they are independent or not. Its simply good governance and the very reason that the title 'Independent Examiner' exists.
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1 hour ago, MickyD said:
I think maybe he wasn't on the board when he was "independent" but I might be wrong. I'm fairly sure the shit-storm that came with the appointment of an allegedly bent auditor/accountant came since 2017.
Woah there Micky. No suggestion of anything like that but an Independent Examiner should be independent.Too often they aren't.
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15 minutes ago, Mr Grey said:
Take it to the supreme court Sluffy lad, your the Gina Miller of WW
The last time the ST held an AGM, I seem to recall that its accounts were signed off by an 'Independent Examiner' who is also listed as Treasurer on the ST's website. (See the Board Members tab). Am I mistaken?
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On 01/10/2019 at 17:23, MancWanderer said:
No day (or night) will ever beat that game for me
You were born too late. Just imagine the Mancs anticipation in 1957 of the first game at OT under their new floodlights only for their party to be spoiled by BWFC. I was there that night and I expect there would have been more than a few who remembered the BEN headline in 1939 'Wanderers soldiers to play United munitions workers' brutally mocking MU's response to the war effort.
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Can't say I was keen on the Fanzone before but why would FV want to engage in any kind of business relationship with this bunch of losers?
One of my former neighbours was very successful in business until he retired when he was less than fifty. He first set up in business in partnership with another guy when he was 18. It lasted six months before he decided that being hamstrung to anyone with different ideas on business wasn't smart. He never did it again.
Think Holdsworth and Anderson.
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8 hours ago, Sluffy said:
Chris has accidentally transposed the figures, Hayes states 78p in his book, which if you read the Bolton News article the day before the launch sounds more than reasonable, but conflicts to some extent to with what Kobeer has said above.
https://www.theboltonnews.co.uk/news/6181632.share-float-set-for-bumper-premium/
You are right. I had transposed 78P into 87P. Hard day yesterday!
Kobeer's account does sound authoratitive. I don't suppose he could have transposed a figure too.
70P would have accorded with my recollection but I wasn't a shareholder at that time and there are bound to have been folk following it more closely than me.
When Eddie and David Speakman came in with a combined £1.25m in 1999, the loans were subject to an entitlement to convert loans into shares at approximately the then going rate of 10P per share. The shares continued to fall in value though, before later being de-listed.
As I've said before, there was anti-Davies, pro-Anderson sentiment expressed at the AGM in May of last year with KA stepping in to defend Eddie. I would have concluded that there was a reasonably good relationship between them at that time. This was before relegation had been avoided in AW's finest hour and, of course, before the toxicity of the players strike in the summer that followed
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3 hours ago, Casino said:
Didn't they float at 37, then peak maybe in the 70s?7
According to Gerald Hayes the new shares were first listed at 87P. I coudn't argue with that but I only remember them moving in one direction - downwards. GH sold at 55P. Remember he and the other shareholders had got 1,135 shares in Burnden Leisure for every share in BWFC.
I still have some old records but, without digging them out, after the shares had plummeted, I seem to recall ED securing an option to buy new shares at either 3P or 6P. The club needed the money but some angry words were exchanged at the meeting when the proposals were voted through. I noted at least one of those previously voicing objections was present at the AGM last year but said nothing on this most recent occasion.
KA's response to the silly £900k complainant was to remind him and the audience just how much ED had spent on BWFC.
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7 hours ago, Sluffy said:
Yes, I do.
I provided the link specifically in relation to his comments on Mosaic, the information contained in it is confirmed as per these articles in the Bolton News and the Independent at the time (links below) which I could have equally posted up of Mr Haye's but chose his instead as being a more interesting, insightful and personal read on the matter, which I thought the few readers on here who would actually read the link would enjoy more.
Seems pretty sad of you to go to the bother of actually reading the link then go on to post what you did in order to 'score a point' against me for some extremely petty inaccuracy he went on to make on footballing trivia (he said Arsenal when he clearly meant Spurs ffs!) which does not detract in anyway from the Mosaic reverse takeover.
I've always held the greatest of respect for your views and comments in the past, I'll know better from now on.
Anyway the contemporary Bolton News and the Independent links -
https://www.theboltonnews.co.uk/news/6183593.amp/
RRF has always seemed like a bit of a dime-store to me. I'd have expected better but I honestly can't recall him ever coming up with anything thought out or original. Ask him a question and he dives for cover.
Morizio's on a different level. He reminds me of an overtired kid trying to gain attention by screaming and throwing tantrums whilst the grown ups are trying to have a conversation.
Anyway thanks for the links. I have a copy of Gerald Hayes book and by far the most interesting bit concerns the Mosaic reverse takeover. There was one guy at the AGM last year complaining to KA that it was ED's fault that he'd lost £900K.
it was nonsense. He'd spent £10K on shares in 1993 and these shares rocketed to about £850K on the Mosaic merger. It was only temporary, of course. The shares had a consistently downward trajectory and weren't worth a lot when Eddie took over in 2003. If he'd had a bit more savvy he'd have cashed in when Gerald did and got back his £10K and a tidy profit whilst the going was good. The directors couldn't. They weren't allowed to sell their shares for two years and just had to watch as they plummeted.
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2 minutes ago, Casino said:
what happened to mosaic
what did they get out of the 'reverse takeover'
whatever that means
Up wi t'rocket and down wi t'stick. Nowt to do with ED, though some still try to make out that it did.
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1 hour ago, bwfcfan5 said:
ED became director in 1999. Which was the time we were in a big financial mess, Todd walked out after player sales and PG assumed control....
By 2001 we were in the premiership. ED was still not exactly putting a lot in at that point - his main contribution was money for the academy.
The club was plainly under significant financial stress in 1999 but I cannot see how PG could have 'assumed control'. It seems to me more likely that the new money from Davies and Speakman was, in effect, conditional upon regime change. The old regime had done their best and tbf presided over the complete regeneration of the club but new money (and new drive?) was needed and they did not seem to be in a position to provide it.
Gordon Shorrock was close to the old regime, it later emerging that he was on distinctly unfriendly terms with PG. Whether that was influenced by these or other events, I could not say.
Did it affect the reporting? Maybe so, maybe not, but some of the crass reporting that later emerged could only be put down to fundamental failures at the BEN to understand the levels of support ED provided over the years.
But it is true that prior to 2003, ED's financial support was on a smaller scale than it was later. Although his shares in Strix were increasing in value year-on-year there's no evidence that he had a mountain of cash or readily realisable investments until 2005 when he retired at a relatively young age selling most of his Strix shares for c. £100m.
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4 minutes ago, bwfcfan5 said:
It was 91! I spoke to PG about ED a couple of times and he said he spent almost 10 years from having met him trying to persuade him to get involved!
I'm sure you are right. Its a long time since my discussion with PG but there are aspects of it that I recall quite clearly and, as it comes back to me, PG did indicate a lengthy delay between his first discussion with Eddie and Eddie actually getting involved.
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Anyway back to the Times article. It says that Bolton lost the game 1-0 when Eddie was guest of the Man U chairman. PG didn't tell me which game or the result but there hadn't been many in the previous ten years and I had figured that it was most likely the Bob Taylor match.
We had lost 1-0 at OT in an FA Cup tie in 1991 (which I had attended) but that seemed too distant and there had been a golden opportunity to buy a stake in 1993 when the club was buzzing and had a share issue to raise the funds to buy David Lee from Southampton.
£60K would have bought a15% stake in 1993 and possibly a seat on the board as it did with Brian Scowcroft, one of the most vociferous objectors in 2003 when, according to the Times article, Eddie 'was invited by the board to take full control'. To put it another way, the club needed Eddie's money to keep paying the wages and have any chance of maintaining Premiership status which it did for the next nine years at a cost to Eddie, at that time, of c.£100m.
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15 minutes ago, Lt. Aldo Raine said:
The EFL require unsecured creditors to be paid either 25 pence in the pound on transfer of share or 35 pence in the pound over three years. I think it was reported we'd agreed the second option but I can't remember where.
I think you have missed my point. If FV have pots of money and £ms less is being paid to secured creditors there should be no need for the secured creditors to have to wait two years and the unsecured creditors should be getting quite a bit more than 35p in the £.
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18 minutes ago, RoadRunnerFan said:
Not good enough Chris, a rudimentary Google search would have allowed you to check your facts before posting regardless of whether you were at the game 21 years ago or not.
Needless to say I was at the game and such a check was not required.
Not sure where I would have found it on Google but you are right. I had an inkling when I wrote it that Super Bob's goal might not have been the equaliser. I shouldn't ignore my inklings, they rarely occur for no reason.
Fanzone
in Terrace Talk
Posted · Edited by Chris Custodiet
Bit of a problem isn't it when uninformed prejudices and unimaginative groupthink, shared for years between drinking mates, are challenged by folk who know what they are talking about? But if you find it painful to read it, don't read it. Not that difficult is it?
But if you wanted to be constructive, you could try explaining to me, Sluffy and members of the the ST where Dean Holdsworth found a million quid to spend on fees before he spent 50P on buying half of BWFC. I'd love to know. Surely the ST chairman wouldn't make up something like that.
And btw I spent quite a lot of my young life watching BWFC home and away. So actually seeing Nat Lofthouse, Tommy Banks and Eddie Hopkinson playing for BWFC and England was a source of pride rather than trauma in my formative years. Where did you get your weird ideas from?