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Wanderers Ways. Neil Thompson 1961-2021

Change Of Owner?


onlyoneawalker

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That was the idea. - we sure need a laugh or two.

 

I did think it might be the Glazers and they'll load us with debt. Then I thought - oh, but hang on .......

 

The Glazers bought ManU to exploit a potential money-making asset. They had to saddle it with debt to gain control, and have been screwing the genuine fans at OT to the maximum, consistent with not quite extinguishing the goodwiil the name gains in many parts of the world.

 

ED bought BWFC, whose modest debts threatened oblivion, backed an outstanding manager to the point where he realised a line needed to be drawn, and for several years has been seeking a buyer of the right ethos to take the club forward again.

 

There are huge differences between the two.

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The Glazers bought ManU to exploit a potential money-making asset. They had to saddle it with debt to gain control, and have been screwing the genuine fans at OT to the maximum, consistent with not quite extinguishing the goodwiil the name gains in many parts of the world.

 

ED bought BWFC, whose modest debts threatened oblivion, backed an outstanding manager to the point where he realised a line needed to be drawn, and for several years has been seeking a buyer of the right ethos to take the club forward again.

 

There are huge differences between the two.

 

 

i'm on your side, malc

 

but from memory, we were 60 million in the hole when eddie arrived

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that well known knocker of all things bwfc, the singing postman writes

 

 

Lest this should be seen as an exercise in Davies bashing, it should be pointed out that his take over of Bolton in December 2003 offered the only viable paddle when the Whites were up the financial creek, with debts of £60 million and a state close to insolvency.   However, that involvement came at a price.

Chief executive Allan Duckworth said at the time that Davies’s loans to the club carried repayment costs “at a premium which reflects risk, which is high at a football club.”  

 

december 2003 being well in to sams era

Edited by Casino
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that well known knocker of all things bwfc, the singing postman writes

 

 

december 2003 being well in to sams era

 

He joined the board in 1999, but only became the majority shareholder in 2003.

 

Not sure why I'm pointing that out. Maybe that's what you were getting at anyway.

Edited by Cheese
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The Glazers bought ManU to exploit a potential money-making asset. They had to saddle it with debt to gain control, and have been screwing the genuine fans at OT to the maximum, consistent with not quite extinguishing the goodwiil the name gains in many parts of the world.

 

ED bought BWFC, whose modest debts threatened oblivion, backed an outstanding manager to the point where he realised a line needed to be drawn, and for several years has been seeking a buyer of the right ethos to take the club forward again.

 

There are huge differences between the two.

Sorry Malcolm, it was meant to be an extension of my original 'joke' post. We need to lighten up sometimes or the Whites will drive us potty.

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If we are already white, how can we lighten up?

 

I have heard from a bloke in the pub that, if the takeover goes ahead, the Thai's are going to change the colour of our kit to "transparent".

 

NLSTA

Edited by Cheese
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Apparently John McGinley was on GMR With Jack Deardon the Brum game. He said (something along the lines of), he had heard that morning that the club would be sold for a song in the next few days.

Taking his man in pub role a bit too seriously.

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Apparently John McGinley was on GMR With Jack Deardon the Brum game. He said (something along the lines of), he had heard that morning that the club would be sold for a song in the next few days.

We all know ex players are the first to hear anything. Even before the board.

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