Article in Sunday Express saying takeover imminent.....

Once the tax folk are involved, it's Pompey time.

 

Flush

 

 

 

 

we owe them money, but theyre not a preferred creditor anymore

 

theyre in line with the rest

 

in fact, i think players are top of the list

 

i think its time to stop panicking

 

we've now got a pro trying to sort the thing out and i'll trust him to know more (ie all the loopholes and ways to proceed) than the lot of us combined

I've had a patronising, are you alright, from the Burnley lot.

 

The Blackburn fans are steering clear and our resident dirty Leeds one said join the club.

 

It's all a bit depressing

mcginlays other gem

 

 

'northampton were sold in less than a week...i don't know why its taking so long'

 

fcuking northampton

 

 

does he not realise theres plenty moonmen hang on his every word

 

 

With his track record he shouldn't really be offering business advice. He should stick to on the on the pitch matters

While ED is still the owner is it not his job to sort out any outstanding tax.

we owe them money, but theyre not a preferred creditor anymore

 

theyre in line with the rest

 

in fact, i think players are top of the list

 

i think its time to stop panicking

 

we've now got a pro trying to sort the thing out and i'll trust him to know more (ie all the loopholes and ways to proceed) than the lot of us combined

Exactly, stop the hysteria! There are interested parties, but not the preference.

The man in charge has been in worse positions for sure.

I've had a patronising, are you alright, from the Burnley lot.

 

The Blackburn fans are steering clear and our resident dirty Leeds one said join the club.

 

It's all a bit depressing

I've had a few sympathetic words with a few Blackpool lot. One saying 'now you know how we feel'

 

Trouble is they are in miles better position than us. Bonkers,corrupt chairmen aside they don't owe a penny to anyone.

we owe them money, but theyre not a preferred creditor anymore

 

theyre in line with the rest

 

in fact, i think players are top of the list

 

i think its time to stop panicking

 

we've now got a pro trying to sort the thing out and i'll trust him to know more (ie all the loopholes and ways to proceed) than the lot of us combined

Ah

 

See, I thought the tax mon got first dibs

 

The Queen doesn't queue up for money.

Edited December 1, 201510 yr by Spider

Yes doing so well In Div 1.

 

See, I thought the tax mon got first dibs

 

 

 

 

did til a few years back

 

dunno how/why it got changed

mcginlays other gem

 

 

'northampton were sold in less than a week...i don't know why its taking so long'

 

fcuking northampton

 

 

does he not realise theres plenty moonmen hang on his every word

 

When I heard that I did wonder how he'd know how long it went on for behind the scenes.

 

They did discuss it like it was a decision of which sliced loaf to buy from Asda. Rather than the sale of a large and complex business.

did til a few years back

 

dunno how/why it got changed

This sounds daft, but I think it changed just because it was unfair, so HMRC are now just another debtor, employees come first, which in most companies seems fair but it winds people up when millionaire footballers get paid before the bloke who did a job at the club.

Edited December 1, 201510 yr by Ani

I think I've said it before, even if HMRC try to push for an administrator to come in and start selling assets I'm sure they need to have a fairly substancial percentage of the overall debt owed to them

 

Thus the paper debt of £170m owed to ED should keep him in the driving seat on which assets are sold off, when they are sold and who too

did til a few years back

 

dunno how/why it got changed

Interesting

 

I might ignore that letter I got off them last week then

HMRC will only push for admin as a last resort as they will only get a percentage then.

 

The normal procedure is to agree a payment schedule to clear any backlog with them based on an orderly disposal of assets.

 

VAT arrears are more critical than PAYE arrears in my experience.

Trevor Birch providing an update on things at 3pm according to Iles

Trevor Birch providing an update on things at 3pm according to Iles

 

 

I am hearing that ED prepared to accept 3million so it doesnt go into administration.

Trevor Birch providing an update on things at 3pm according to Iles

 

"We can confirm we have 2 main interested parties, both from dubai. There is a bidding war going on as we speak. What I can confirm is, there will be a huge war chest as both parties are determined to turn bolton wanderers into a European power house. Also all fans that attended last nights match please keep your stubs as you will be given priority for Bolton's first champions league final in a couple of seasons time.

 

Also medo has decided to cancel his contract after not being paid. So that's a bonus. "

Advisor to board and owner provides an update on the ongoing situation at Bolton Wanderers

Trevor Birch has today, Tuesday 1 December, issued the following update on the current situation at Bolton Wanderers Football Club.

 

“We spoke to the players today and they remain upbeat and committed to doing all they can to help the club through this difficult time.

 

“We’re continuing to negotiate with interested parties but unfortunately no one party has demonstrated all the requisite elements needed to conclude a deal yet. The club’s position is increasingly perilous and new investment is needed quickly.

 

“We’d like to thank the fans for their continued support and all of the behind-the-scenes staff for their continued hard work in difficult circumstances.”

Read more at http://www.bwfc.co.uk/news/article/latest-update-from-trevor-birch-2830211.aspx#QQDsk1VC3QMOqykQ.99

Would we have had these kind of updates if Gartside was in charge still?

 

Anyway seems we're far off new owners.

Edited December 1, 201510 yr by Dan.m

Would we have had these kind of updates if Gartside was in charge still?

 

Anyway seems we're far off new owners.

Thought the same

 

We've heard more off Birch in 2 weeks then we have ever heard off gartcrime

We've gone from Iles saying a deal could be done by the end of the week to what sounds like we're nowhere near.

 

Worrying.

 

I wonder what constitutes the requisite elements that they deem required 

 

 

he club’s position is increasingly perilous and new investment is needed quickly

 

sounds fucking desperate to me.  Im getting a sinking feeling.

We've gone from Iles saying a deal could be done by the end of the week to what sounds like we're nowhere near.

 

Worrying.

 

I wonder what constitutes the requisite elements that they deem required

Some money would be the requisites.

Some money would be the requisites.

It certainly seems as though we're a long way from any deal being done, which I know is what most of us believed anyway, but it's still grim

Would we have had these kind of updates if Gartside was in charge still?

 

Anyway seems we're far off new owners.

 

 

all hes telling us is that we are in a pickle

 

i preferred not knowing

 

even though i did