May 23, 201214 yr Aye he is reet too. ?We laid a good foundation at Bolton but unfortunately for the fans, they have to deal with Bolton being a struggling team again.?
May 23, 201214 yr He is right. But unless we'd found a billionaire to replace plain old multi millionaire Eddie Davies, then we were always going to be in danger. JJ - if you've got any rich friends, point em our way!
May 23, 201214 yr He fucked off to Qatar for a few million quid if I remember rightly. I know adding balance is frowned upon but I'm in a cunt of a mood
May 23, 201214 yr After he got released by BSA without us getting a chance to say goodbye v Birmingham.
May 23, 201214 yr Maybe he knows that fella who is trying to free up trapped funds and needs our bank account details. Still waiting for my share of his $80000000 fortune.
May 23, 201214 yr ?It was a sad season for Bolton but it was bound to happen. ?When you don?t spend or invest in the future, you can't always get away with it. Nail on the head.The clubs who stay in the Premier League long term all spend money.
May 23, 201214 yr The clubs who stay in the Premier League long term all spend money. And where does their money come from?
May 23, 201214 yr And where does their money come from? It is a different story at each club,perhaps Pablo could explain where all Everton's funds have come from to keep them there so long.
May 23, 201214 yr It is a different story at each club,perhaps Pablo could explain where all Everton's funds have come from to keep them there so long. According to Wiki Everton F.C. is a limited company with the board of directors holding a majority the shares.[64] The club owes ?44.8 million to banks, excluding loan interest and early repayment penalties, with total liabilities of ?95 million. Their most recent turnover was ?79 million;[65] the second highest in the club's history.[66] The club's overdraft with Barclays Bank is secured against the Premier League's "Basic Award Fund",[67] a guaranteed sum given to clubs for competing in the Premier League.[68] Everton agreed a long-term loan of ?30 million with Bear Stearns and Prudential plc in 2002 over the duration of 25 years; a consolidation of debts at the time as well as a source of capital for new player acquisitions.[69] Goodison Park is secured as collateral. I'm sure a money type person will be on to explain.
May 23, 201214 yr All this Eddie Davies stuff makes me laugh (or cry actually) He lends Bolton money in the form of low interest loans, thats ok but we have to pay them back. Meanwhile the perception is that he "owns" a large part of the club, thus reducing any chance of a mad Arabian oil shiek buying Bolton to play with and compete with the Premier league top totty Eddie needs paying off and watch someone come in and buy us with loads a monaey
May 23, 201214 yr All this Eddie Davies stuff makes me laugh (or cry actually) He lends Bolton money in the form of low interest loans, thats ok but we have to pay them back. Meanwhile the perception is that he "owns" a large part of the club, thus reducing any chance of a mad Arabian oil shiek buying Bolton to play with and compete with the Premier league top totty Eddie needs paying off and watch someone come in and buy us with loads a monaey He owns around 99% of the shares after the special rights issue around 10 years ago. Thats completely seperate to any loans he may place with the club.
May 23, 201214 yr All this Eddie Davies stuff makes me laugh (or cry actually) He lends Bolton money in the form of low interest loans, thats ok but we have to pay them back. Meanwhile the perception is that he "owns" a large part of the club, thus reducing any chance of a mad Arabian oil shiek buying Bolton to play with and compete with the Premier league top totty Eddie needs paying off and watch someone come in and buy us with loads a money Eddie Davies owns the club lock stock and barrel, if he had not come in the club would have gone into administration, nobody else has shown real interest in buying the club, no Arab is going to ever by BWFC, the debt is owed to Eddie, he takes interest and this increases our debt which is prudent for tax reasons, much of the money he has borrowed us has been paid back as interest, if you think some mega rich backer is going to get involved your in for a long wait. Edited May 23, 201214 yr by Mounts Kipper
May 23, 201214 yr my name sake is right just like moi, but we have to be positive and we will win the champions league
May 23, 201214 yr Eddie Davies owns the club lock stock and barrel, if he had not come in the club would have gone into administration, nobody else has shown real interest in buying the club, no Arab is going to ever by BWFC, the debt is owed to Eddie, he takes interest and this increases our debt which is prudent for tax reasons, much of the money he has borrowed us has been paid back as interest, if you think some mega rich backer is going to get involved your in for a long wait. why did reebok want to buy yhe club out right but the board refused to show them the books from years gone by???? dodgy bastards
May 23, 201214 yr All this Eddie Davies stuff makes me laugh (or cry actually) He lends Bolton money in the form of low interest loans, thats ok but we have to pay them back. Meanwhile the perception is that he "owns" a large part of the club, thus reducing any chance of a mad Arabian oil shiek buying Bolton to play with and compete with the Premier league top totty Eddie needs paying off and watch someone come in and buy us with loads a monaey All this Eddie Davies stuff makes me laugh (or cry actually) He lends Bolton money in the form of low interest loans, thats ok but we have to pay them back. Meanwhile the perception is that he "owns" a large part of the club, thus reducing any chance of a mad Arabian oil shiek buying Bolton to play with and compete with the Premier league top totty Eddie needs paying off and watch someone come in and buy us with loads a monaey i agree, but you know this paying eddie off bit how do we do that ? And this arab who is buying us any more info ?
May 23, 201214 yr Eddie Davies owns the club lock stock and barrel, if he had not come in the club would have gone into administration, nobody else has shown real interest in buying the club, no Arab is going to ever by BWFC, the debt is owed to Eddie, he takes interest and this increases our debt which is prudent for tax reasons, much of the money he has borrowed us has been paid back as interest, if you think some mega rich backer is going to get involved your in for a long wait. according to burnden leisure's last accounts,eddie davies owns 95% of the club. i've still got some poxy shares,which are worthless, hence the annual accounts booklet. i think its on page 35 of the glossy. we should still be so grateful to him though,we'd probably be non existent otherwise Edited May 23, 201214 yr by miamiwhite
May 23, 201214 yr I might be making this up but im sure Gartside said the other day that Eddies loan is interest free? Like I said, this was news to me and I could have mis-read it or I could have just made it up
May 23, 201214 yr why did reebok want to buy yhe club out right but the board refused to show them the books from years gone by???? dodgy bastards The sportswear company, Reebok?
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