gonzo Posted January 22, 2016 Share Posted January 22, 2016 Mounts, this limping through till end of season stuff... Does that mean the club has resigned itself to league 1 and in turn so have the players? If not, why wouldn't Emerson or whoever step in now or before and stop this court nonsense and pay the staff? Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted January 22, 2016 Site Supporter Share Posted January 22, 2016 Indeed, the boost of a takeover now, can only help in relegation fight Quote Link to comment Share on other sites More sharing options...
passmosster Posted January 22, 2016 Share Posted January 22, 2016 And provide a bit of bloody leadership from the top. Quote Link to comment Share on other sites More sharing options...
Plums Posted January 22, 2016 Share Posted January 22, 2016 Mounts, this limping through till end of season stuff... Does that mean the club has resigned itself to league 1 and in turn so have the players? If not, why wouldn't Emerson or whoever step in now or before and stop this court nonsense and pay the staff? Only reason that seems plausible is that the owner and team have reservations about selling to those potential buyers. Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted January 22, 2016 Share Posted January 22, 2016 (edited) Mounts, this limping through till end of season stuff... Does that mean the club has resigned itself to league 1 and in turn so have the players? If not, why wouldn't Emerson or whoever step in now or before and stop this court nonsense and pay the staff? I fear it does mean just that, I think the only reason the deal not been done now is the continuing monthly losses and contracts /wages that need sorting once the majority of this is sorted think that'll be when it happens. If as suspected it's a consortium with Emerson as main players, they won't want a football business that isn't self funding. I might also be completely wrong. ???? Edited January 22, 2016 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
famouswanderer Posted January 22, 2016 Share Posted January 22, 2016 I fear it does mean just that, I think the only reason the deal not been done now is the continuing monthly losses and contracts /wages that need sorting once the majority of this is sorted think that'll be when it happens. If as suspected it's a consortium with Emerson as main players, they won't want a football business that isn't self funding. I might also be completely wrong. More than likely. Are you basing this on anything at all or just completely guessing? Quote Link to comment Share on other sites More sharing options...
LeggyMountbatten Posted January 22, 2016 Share Posted January 22, 2016 I got told by a bloke in the pub (I know, I know) at Christmas time that no takeover would happen before the issue of the car park ownership was resolved. If it does get sorted, it will be interesting to see if takeover talks start to progress any quicker. Same bloke in the pub told me Phil Brown will definitely be the next Bolton manager. Quote Link to comment Share on other sites More sharing options...
gonzo Posted January 22, 2016 Share Posted January 22, 2016 (edited) Why would Emerson mess about buying a bit of car park and watch the club nearly fold whilst its being sorted if they intend to buy the club or parts of it anyway? There's going to be fuck all left to buy at his rate. Unless of course like MK says this is all just part of the plan. Edited January 22, 2016 by gonzo Quote Link to comment Share on other sites More sharing options...
HR Posted January 22, 2016 Share Posted January 22, 2016 I got told by a bloke in the pub (I know, I know) at Christmas time that no takeover would happen before the issue of the car park ownership was resolved. If it does get sorted, it will be interesting to see if takeover talks start to progress any quicker. Same bloke in the pub told me Phil Brown will definitely be the next Bolton manager. That bizarre situation seems to be backed up by Lennon today but not for definite one needs to follow the other. Hopefully when the car park sale goes through we can get a takeover done eventually and things can move on from here.” Quote Link to comment Share on other sites More sharing options...
Members burnden Posted January 22, 2016 Members Share Posted January 22, 2016 Alan Nixon @reluctantnicko 10 mins10 minutes ago Bolton. Far East group include someone with past Prem experience. But need to act fast. Deal about to become a lot easier. Quote Link to comment Share on other sites More sharing options...
e2e4 Posted January 22, 2016 Share Posted January 22, 2016 Alan Nixon @reluctantnicko 10 mins10 minutes ago Bolton. Far East group include someone with past Prem experience. But need to act fast. Deal about to become a lot easier. Sounds like this dude rather than real news , Quote Link to comment Share on other sites More sharing options...
Moderators Zico Posted January 22, 2016 Moderators Share Posted January 22, 2016 I'm not convinced that's whats happened. For a couple of years the club has been taking out large loans against its assets. You only don't that to create quick cash in desperate times. So with that I reckon ED started to shut his wallet long ago. Because of that, I wouldnt be surprised if we've been in this position for a couple of years now (there was warnings in the 2014 accounts) but now there's effectively fuck all left to pawn and we've run out of options. You can't rob Peter to pay Paul forever. Add in serious management failings on how bad the debt and cashflow is and it equals a swift death by a thousand cuts. My view based upon a few people who have first hand knowledge of the failings is ED didn't know just how fucked up the cashflow situation was because I don't believe he would have sanctioned half the deals he apparently has this year if he knew. That leaves the problem at the foot of PGs door and those involved in the finances, who simply run out of luck rolling the dices. and is probably why he's not putting his hand in his pocket now, might well be feeling he's been shafted by those he placed great trust in Quote Link to comment Share on other sites More sharing options...
gonzo Posted January 22, 2016 Share Posted January 22, 2016 So the spare £8.5 million?? Who gets that? ED? Or to keep the club going till may? Quote Link to comment Share on other sites More sharing options...
MalcolmW Posted January 22, 2016 Share Posted January 22, 2016 So the spare £8.5 million?? Who gets that? ED? Or to keep the club going till may? If the court next month is to be persuaded that BWFC is a going concern it will need the £8.5M, or most of it. Quote Link to comment Share on other sites More sharing options...
Moderators Carlos Posted January 22, 2016 Moderators Share Posted January 22, 2016 If the court next month is to be persuaded that BWFC is a going concern it will need the £8.5M, or most of it. Do we need to persuade them of that? If all our bills are paid is that not case closed, next? Quote Link to comment Share on other sites More sharing options...
MalcolmW Posted January 22, 2016 Share Posted January 22, 2016 Do we need to persuade them of that? If all our bills are paid is that not case closed, next? Yes and no. If we pay the bills and go forward without going into administration then the problem will recur again very quickly, with all the attendant additional costs of coping with the court. If we go into administration even our top quality football (?) is unlikely to maintain championship status. Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted January 22, 2016 Site Supporter Share Posted January 22, 2016 So the spare £8.5 million?? Who gets that? ED? Or to keep the club going till may? I must be being numb. What's this 8.5 million you're referring to. Quote Link to comment Share on other sites More sharing options...
DirtySanchez Posted January 22, 2016 Share Posted January 22, 2016 (edited) Alan Nixon @reluctantnicko 10 mins10 minutes ago Bolton. Far East group include someone with past Prem experience. But need to act fast. Deal about to become a lot easier. According to a mate who knows a journalist from BBC Humberside, the same consortium were looking at Hull The bloke with the prem experience is Paul Duffen who is fronting the deal and used to own Hull And is also good mates with Phil Brown But it could all be bollocks mind Edited January 22, 2016 by DirtySanchez Quote Link to comment Share on other sites More sharing options...
Eddie Posted January 22, 2016 Share Posted January 22, 2016 If all this happens soon, and we get browny in... Can we still make the play offs? Quote Link to comment Share on other sites More sharing options...
Blondi Posted January 22, 2016 Share Posted January 22, 2016 If all this happens soon, and we get browny in... Can we still make the play offs? only if we sign Alf. Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted January 22, 2016 Share Posted January 22, 2016 only if we sign Alf. Would that be de stefano? Quote Link to comment Share on other sites More sharing options...
Blondi Posted January 22, 2016 Share Posted January 22, 2016 So let's say it's a two horse race between Holdsworth/Jones consortium and then the Duffen/far eastern consortium, according to some posters on here the Holdsworth mob want Phil Brown as our next manager and Duffen has had Phil Brown as manager when Hull were in the prem I think. Brownie nailed on for the job me thinks! Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted January 22, 2016 Share Posted January 22, 2016 So let's say it's a two horse race between Holdsworth/Jones consortium and then the Duffen/far eastern consortium, according to some posters on here the Holdsworth mob want Phil Brown as our next manager and Duffen has had Phil Brown as manager when Hull were in the prem I think. Brownie nailed on for the job me thinks! After our last 4 managers i'd be happy with that! Quote Link to comment Share on other sites More sharing options...
Blondi Posted January 22, 2016 Share Posted January 22, 2016 After our last 4 managers i'd be happy with that!so would I, might nip into Ladbrokes on way home and stick £50 on him. Quote Link to comment Share on other sites More sharing options...
gonzo Posted January 22, 2016 Share Posted January 22, 2016 So let's say it's a two horse race between Holdsworth/Jones consortium and then the Duffen/far eastern consortium, according to some posters on here the Holdsworth mob want Phil Brown as our next manager and Duffen has had Phil Brown as manager when Hull were in the prem I think. Brownie nailed on for the job me thinks! His assistant Brian Horton has just moved back north. Quote Link to comment Share on other sites More sharing options...
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