Ani Posted February 22, 2016 Posted February 22, 2016 L Can someone explain what Eddie means when he says he's left 15 million of loans in the club? Maybe that is the money he has said he wants back if we get enough TV money in ? But if we do go down he will write over next 5 years ? I dunno but it might not be some evil plot. Quote
SatanGreavsie Posted February 22, 2016 Posted February 22, 2016 http://www.bbc.co.uk/programmes/p03kcgbr good lad! Quote
Astley White Posted February 22, 2016 Posted February 22, 2016 we're not 200 million in debt impressed Read today said in court debt now £200 million Quote
tomski Posted February 22, 2016 Posted February 22, 2016 I may be in a minority but I'm quite happy and excited about all this. Admittedly my bar is quite low for a good owner these days but some fresh cash and impetus can only be a good thing. I just hope everyone cautious (I get it) or not gives them a chance and gets behind them. I'm sure folk will. I get the people in his group not wanting to be known. That's their decision, now let's have an actual go at trying to stay up. Quote
Guest Posted February 22, 2016 Posted February 22, 2016 15 million quid in loans to keep us ticking over? just a guess He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one. Quote
Moderators Casino Posted February 22, 2016 Moderators Posted February 22, 2016 I may be in a minority but I'm quite happy and excited about all this. Admittedly my bar is quite low for a good owner these days but some fresh cash and impetus can only be a good thing. I just hope everyone cautious (I get it) or not gives them a chance and gets behind them. I'm sure folk will. I get the people in his group not wanting to be known. That's their decision, now let's have an actual go at trying to stay up. im dead suspicious just dont see how he can get anything out of it and lets not kid ourselves that hes not in it for a return but im with you, lets get behind it and see if we can make it that bit easier for him to get rich Quote
Members burnden Posted February 22, 2016 Members Posted February 22, 2016 Any iplayer links to Deano talking? ta http://lionofviennasuite.sbnation.com/2016/2/22/11094612/new-bolton-wanderers-owner-dean-holdsworth-speaks-to-lion-of-vienna 17 minutes Quote
Moderators Casino Posted February 22, 2016 Moderators Posted February 22, 2016 theres an iles piece gone up with direct quotes "I'm getting a pound up front. Anything else is earned out by what position, in which league, the club finishes every season. It's highly probabilistic, that, so there's no guarantee on it at all,” he said. what an utter cnut Quote
Mounts Kipper Posted February 22, 2016 Posted February 22, 2016 He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one. That's how I'm reading it, does not do anything to help the club, basically he has left 15 million of debt on the books, in Eddies world that's doing us a favour. Quote
Mounts Kipper Posted February 22, 2016 Posted February 22, 2016 (edited) theres an iles piece gone up with direct quotes what an utter cnut What's to like about that statement from Eddie please explain? Edited February 22, 2016 by Mounts Kipper Quote
Site Supporter Cheese Posted February 22, 2016 Site Supporter Posted February 22, 2016 That's how I'm reading it, does not do anything to help the club, basically he has left 15 million of debt on the books, in Eddies world that's doing us a favour. He could have left 185 million. Quote
Site Supporter victor meldrew Posted February 22, 2016 Site Supporter Posted February 22, 2016 eddie davis is a cunt.. he has left it till the last minute then sold off as many assets as possible. he is now taking back his money now wants a bonus..fuck off, i don't ever believe the debt. you cannot buy a player for x million in late twentys /early thirties and sell on for a profit , so making a loss. this whole thing is trailer trash t.v in the making tax avoiding twat Quote
tyldesley_white Posted February 22, 2016 Posted February 22, 2016 hes left 15 million of which he will get paid if certain things are met, as things look now hes got fuck all chance of seeing any of it, IF we go down we will have come straight back up and get to the prem in 4 years .... can anyone see that happening, if you can see what the odd are at the bookies Quote
Moderators Casino Posted February 22, 2016 Moderators Posted February 22, 2016 He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one. ie he waives the 15 million he wanted, or 10 million, whatever, to allow the new owners to invest in running the club if theyre good at it, then he gets paid Quote
Mounts Kipper Posted February 22, 2016 Posted February 22, 2016 (edited) if Eddies left 15 million in for Sports Shield I'll take it all back. I don't think that's what he's done. Edited February 22, 2016 by Mounts Kipper Quote
Moderators Horwich Posted February 22, 2016 Moderators Posted February 22, 2016 No fooker knows whats going on There are a thousand unanswered questions Im gonna predict that this will all end up in tears These people have not come in to lose money We dont even know who "these" people are Quote
Traf Posted February 22, 2016 Posted February 22, 2016 No fooker knows whats going on There are a thousand unanswered questions Im gonna predict that this will all end up in tears These people have not come in to lose money We dont even know who "these" people are A fair assessment Quote
Site Supporter Winchester White Posted February 22, 2016 Site Supporter Posted February 22, 2016 Who is going to pay the tax bill? I am still confused as to what is owed by who and to whom. Quote
Moderators Casino Posted February 22, 2016 Moderators Posted February 22, 2016 Who is going to pay the tax bill? sportshield Quote
birch-chorley Posted February 22, 2016 Posted February 22, 2016 If ED has sold all the assets then who owns the stadium, lostock etc? That's got to be worth more than SS have paid added with the liabilities for the next 12 months It's a shame nobody came in with enough cash to cover the whole thing and make it a clean deal but I guess they're aren't many folk out there happy to risk tens of millions on a football club Quote
Blondi Posted February 22, 2016 Posted February 22, 2016 So Eddie received just £1 for the club. The £7.5 million figure is what Sport Shield need to find to see us through until the end of this season. I presume £3 million to HMRC and the remaining £4.5 million to pay for the running costs like wages etc. That's how I see it. Quote
gonzo Posted February 22, 2016 Posted February 22, 2016 sportshield Is this included in the £7.5 million down payment? Quote
Juan.Kerr Posted February 22, 2016 Posted February 22, 2016 No fooker knows whats going on There are a thousand unanswered questions Im gonna predict that this will all end up in tears These people have not come in to lose money We dont even know who "these" people are THat's about the size of it. Another day, another dozen questions. Quote
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