Jump to content
Wanderers Ways - passion not fashion

Recommended Posts

I'd be very surprised if we don't go down the administration route. Presumably, the assets will still be protected? Unlike if we went into liquidation. I'd imagine any potential buyers could then buy us at a decent price and not have to worry so much about our astronomical overheads. Pretty sure there would be a massive player cull and we start again in League 1 with a clean slate? Not that I know much about it like.

Isn't that simple. Administrators sell off assets in the best way they can to cover debts. Could lose a lot. It isn't a magic silver bullet.

Link to post
Share on other sites
  • Replies 1.6k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Cock.   I'm comparing two football clubs in the same position as each other.  Two clubs that need to adhere to the same rules set by the football authorities and two clubs that need to pay their bil

It's strange you slate Lennon so powerfully who's doing a job with little moral support or financial backing yet choose to defend the job done by Gartside which has brought us where we are today.

Cracking turnout from the team tonight... Spearing, Clough, Davies, Wheater, Dervite, Vela, Amos, Prince, Pisano, Moxey, Derik, Walker, Brattan, Casado, Pratley, Rachuba, Danns, Feeney, Madine, Wilson

They must have been paid somewhere otherwise they can't be in the accounts as interests payments. Maybe a qualified accountant out there on WWs can confirm or deny if that's possible.

Just pop them into the directors loan account?

Link to post
Share on other sites

They must have been paid somewhere otherwise they can't be in the accounts as interests payments. Maybe a qualified accountant out there on WWs can confirm or deny if that's possible.

Poor Eddie has had to go through this before. Not all profit and loss items are also cash flow. The interest was accrued so counts towards the loss. If the amount was actually paid then the size of loan would stay the same and it would be a cash flow item. If it is not paid then it is added to the loan amount.

 

Think about how the differences between an interest only mortgage and a repayment mortgage. Except in this case even the interest isn't paid so the loan value increases.

Link to post
Share on other sites

It looks like HMR&C are after us for PAYE, so going into administration could be a real possibility.

 

http://www.telegraph.co.uk/sport/football/teams/bolton-wanderers/12030190/Bolton-face-administration-if-HMRC-issues-winding-up-order.html

If you read the article it says we owe 300k this month and if we don't pay it they MAY take further action
Link to post
Share on other sites

I'd love it if the shitstorm thats coming ends up with Bolton Wanderers back in Bolton.

It could come to that the current support base does not support nor justify the Macron stadium however if we move back to a smaller stadium that will hinder any chances of a revival or return to the top flight.

Link to post
Share on other sites

This is really depressing my head says administration is not going to happen that there is no logic to it but my guts tell me it is ....It's just like the feeling you get before a match that you feel your team will lose despite everyman & his dog telling you otherwise.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Announcements


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.