farnworth white Posted May 23, 2012 Posted May 23, 2012 he's reet http://www.thebolton...ers_was_wasted/ Quote
Happy Wanderer Posted May 23, 2012 Posted May 23, 2012 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.? Quote
enzo gambaro Posted May 23, 2012 Posted May 23, 2012 We should sign him. It's no more ridiculous an idea than having Faye back. Quote
paulhanley Posted May 23, 2012 Posted May 23, 2012 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! Quote
no balls Posted May 23, 2012 Posted May 23, 2012 If they'd banked at the same place as him, we've not much chance of that. Quote
Spider Posted May 23, 2012 Posted May 23, 2012 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 Quote
Didledee Posted May 23, 2012 Posted May 23, 2012 After he got released by BSA without us getting a chance to say goodbye v Birmingham. Quote
stevieb Posted May 23, 2012 Posted May 23, 2012 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. Quote
floyd Posted May 23, 2012 Posted May 23, 2012 he's reet http://www.thebolton...ers_was_wasted/ 38!!!!! My arse! Quote
SeanBW Posted May 23, 2012 Posted May 23, 2012 ?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. Quote
no balls Posted May 23, 2012 Posted May 23, 2012 The clubs who stay in the Premier League long term all spend money. And where does their money come from? Quote
SeanBW Posted May 23, 2012 Posted May 23, 2012 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. Quote
no balls Posted May 23, 2012 Posted May 23, 2012 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. Quote
grego Posted May 23, 2012 Posted May 23, 2012 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 Quote
ZiggyStardust Posted May 23, 2012 Posted May 23, 2012 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. Quote
Mounts Kipper Posted May 23, 2012 Posted May 23, 2012 (edited) 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, 2012 by Mounts Kipper Quote
no balls Posted May 23, 2012 Posted May 23, 2012 greg, have you ever thought maybe supporting Bolton Wanderers isn't for you? Quote
anewman Posted May 23, 2012 Posted May 23, 2012 my name sake is right just like moi, but we have to be positive and we will win the champions league Quote
anewman Posted May 23, 2012 Posted May 23, 2012 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 Quote
Ani Posted May 23, 2012 Posted May 23, 2012 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 ? Quote
miamiwhite Posted May 23, 2012 Posted May 23, 2012 (edited) 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, 2012 by miamiwhite Quote
Garrp Posted May 23, 2012 Posted May 23, 2012 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 Quote
no balls Posted May 23, 2012 Posted May 23, 2012 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? Quote
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