http://www.thesun.co.uk/sol/homepage/sport/football/6777921/Neil-Lennons-future-at-Bolton-as-well-as-that-of-players-is-in-doubt.html

out of interest, is holdsworth (and team) still holed up at the ground?

 

im not one of these 'why does it take so long merchants' but what are they talking about

 

surely holdsworth has lawyers looking at it

 

i mean, what is there to haggle over?

 

 

its a simple as having the cash to buy us 6/18 months, isn't it

 

and you either have it or you don't?

 

Honestly don't believe he would let the club go to the wall so he could recoup some of his money but interested to know the process.

 

!

If he had the choice this wouldn't be happening.

 

Why do folk still think he's sat there like Cyril Sneer counting his gold watching us go bust?

 

His company can't afford to finance Burnden leisure anymore.

agreed

 

but theyre not the same issue they were til a couple of years ago

Also agreed

 

Too many clubs forced their hands.

 

I'm just reading about Northampton... Interesting!

If he had the choice this wouldn't be happening.

Why do folk still think he's sat there like Cyril Sneer counting his gold watching us go bust?

His company can't afford to finance Burnden leisure anymore.

I think a lot of flak still don't get this, they think as you say that he's sat there like Cyril Sneer on a mountain of cash

Dont think he is sitting there with piles of cash letting this happen. I presume this is happening because of the exact opposite. However he has said he would write the debt of for any buyers does this get taken into account by administrators or would he get sorted during that process?

I think a lot of flak still don't get this, they think as you say that he's sat there like Cyril Sneer on a mountain of cash

Aye what a ridiculous notion

 

 

 

 

 

 

 

He's obviously much more like Scrooge McDuck

I was thinking Birch has this all mapped out and that we would avoid administration through player sales, asset sales, but I now believe we will enter administration, if that's the case what a waste of time bringing Birch in, waste of time borrowing the money off nucleus and BW. Thoroughly pissed off.

Edited December 10, 201510 yr by Mounts Kipper

Anewman spotted this coming several years ago..........and most laughed at him. It looks like he wasn't the mentalist some though he was......

Edited December 10, 201510 yr by Sweep

Anewman spotted this coming several years ago..........and most laughed at him. It looks like he wasn't the mentalist some though he was......

 

A broken clock is right twice a day.

Anewman spotted this coming several years ago..........and most laughed at him. It looks like he wasn't the mentalist some though he was......

Bet they're not laughing now?

He's obviously much more like Scrooge McDuck

I was thinking more C Montgomery Burns with Trevor Birch as Smithers.....

 

Anybody else think PG might have been the only thing stopping this process happening much earlier?

It's been obvious for years that this "debt" isn't getting paid off. That's kind of by the by.

 

The real problem is our outgoings are still far, far too high. This is a fairly recent problem as the parachute payments are meant to cover this period of adjustment. We appear to have instead spunked them on players we can't realistically afford. We are still losing money above the point Eddie is allowed to cover, even. Fucking ridulous, but this is a modern day problem.

we need anewman back on here

 

talks sense, just most don't like to hear it on here

 

he's ways right, like it or not

Bring back anewman

we need anewman back on here

 

talks sense, just most don't like to hear it on here

 

he's ways right, like it or not

I agree

 

His Facebook page just isn't the same.

 

#JusticeForLiftman

If he had the choice this wouldn't be happening.

 

Why do folk still think he's sat there like Cyril Sneer counting his gold watching us go bust?

 

His company can't afford to finance Burnden leisure anymore.

 

He is letting it happen. He can afford to pay the bills until we are sold.

 

He is choosing not to.

 

Now that ain't a criticism, it's his cash, he thinks he's spent enough, but let's not pretend the blokes on his uppers.

He is letting it happen. He can afford to pay the bills until we are sold.

 

He is choosing not to.

 

Now that ain't a criticism, it's his cash, he thinks he's spent enough, but let's not pretend the blokes on his uppers.

Don't think either of us know if that's the case.

 

I personally don't think it's just his money.

What your worth and what you can get your hands on are 2 different things

Don't think either of us know if that's the case.

 

I personally don't think it's just his money.

 

If  the bidders can't copper up to pay the outstanding bills they cannot have the funds for on-going running costs.

Can someone explain to a dyed in the wool PAYE type how multi-millionaire owners of businesses can legally be allowed to fuck it up to such an extent they can't pay the tax or staff wages??

 

We have pretty much guaranteed income streams so surely the board/owner can have no excuses for not operating within these parameters.

 

 

So while staff don't get paid and the tax payer doesn't get their share what is the actual cummopence for those responsible for the total mismanagement of a business?

 

I am not intimating any illegality here either; just rank incompetence!!!

Because football is like no other business

Don't think it's generally considered the 'owners' fault - if you think about the likes of HMV, Woolworths, JJB all going bust it wasn't the shareholders fault

 

I suppose they should have given the board a vote of no confidence and replaced them

 

A bit simpler in this instance as ED owns the club lock stock and barrel so PG was his man

 

It's tgen down to the running of the club by the board and we have overspent since getting relegated when with the benefit of hibdsight we should have stopped giving any players more than £3k a week as soon as we got relegated from the Prem

 

That said though, it would have gone down like a shit sandwhich with the fans if they did that. We'd have been relegated to league 1 already

 

We've only just stayed in the championship by continuing to overspend ffs

 

It's not long ago we were asking the club to stretch a little further for the likes of ALF, Juke, Dawson, Rhodes etc

 

I guess we didn't know what was coming down the road though if we didn't get promoted

Court hearing for Winding Up Petition set for 18th January.

 

 

At this point I'll give highlights of Lin Homer's work this century.

 

1998 Chief Executive, Suffolk County Council (based in Ipswich)

2002 Chief Executive, Birmingham City Council

criticised by the Election Commissioner over postal vote-rigging scandal in 2004 when she was Returning Officer as "an election that would disgrace a banana republic.

2005 Director-General, Immigration & Nationality Directorate, which in 2008 was renamed UK Border Agency

criticised by Chairman of Parliamentary Committee on Home Affairs for "catastrophic leadership failure" and "more like a Whitehall farce than a Government Agency operating in the 21st century."

2010 Permanent Secretary (head civil servant) of Department of Transport

while there the cock-up over the West Coast Main Line franchise letting cost £100M.

2011 Chief Executive, HMRC.

November tax bill overdue and a winding up petition issued?

 

I personally know that far worse cases have had no petition issued.

 

A closet red at HMRC?

November tax bill overdue and a winding up petition issued?

 

I personally know that far worse cases have had no petition issued.

 

A closet red at HMRC?

 

He's from Ipswich... He's clearly in love with Barry Knight...