(That long since we've had any, couldn't find the thread)

Alan Nixon: "Top Liverpool starlet Cameron Branagan will Ben allowed out on loan in Jan.

Bolton lead the race for the 20 year old midfielder"

Edited December 11, 20169 yr by Ratwhite

I'm not sure why you have posted the above as a reply to my last post (on the transfer thread I remind you) unless you have completely missed the whole point of it.

 

 

you'd given your opinion on how you think KA could choose to approach the running of the club

 

I was just giving mine, not as a counter argument, just as a debate

 

then in the last post you put forward lots of IFs leading to why you think KA could/should/would put his own money into the club, rather than sell players (or assets) now (or whenever)

 

I'm of the opinion that he has little intention to do finance anything himself unless he can help it and is trying to shift the club as quickly as possible and make a profit

 

and that he will do whatever he can within reason (or unreasonably if he gets desperate) to avoid putting his own money in - he's willing to gamble us staying up by not selling madine now, great, it's probably a good idea as I think we will stay up as a result of keeping him

 

but come the summer, if we stay up and a reasonable bid comes in for madine, he goes and the money keeps the club going

 

same for vela, as anyone else who might be able to command a free, then PP goes with loans and frees again

 

I think KA will do what's right for him and his bank account first, before the club - which is fair enough, the reason why he has property in moncao and switzerland is because he doesn't spunk his cash freely, which is what running a football club these days seems to entail

 

as said, I heard he wants 5M from a sale, and wants that sale asap - if he starts funding anything himself, it starts eating into that profit he has his eye on and the whole reason he got into this in the first place - the longer he owns the club, the less chance he has of making any money, UNLESS, we get to the PL, but I don't see him financing such a strategy out his back pocket

 

that's what I think

Whilst I think in the short term an argument can be made that Ken covering the £6M loss himself leaves him a potentially more valuable asset on his hands, it also introduces vast amounts of risk. Risk that a) he covers the costs and yet we still go down. More than a remote possibility or having covered the costs there is still no outside investment or buyer in the summer.

 

Ask Eddie Davies how lending the club money to maintain its divisional status and business value turned out.

 

I think Ken might cover costs if he reasonably believes he has something that can be moved forward investment wise. But there are precious few outward signs of that. 

Seems we have another winger on trial from standard leige seems PP likes collecting wingers !

pretty much the same across all social media, the comments on the BEN site and on facebook and instagram are full of knobbers too

I saw a random manc lad with about 23 followers make a daft remark about 96 not being enough on Sunday.

 

Next thing some folk were messaging his mum on Facebook and notified McDonald's who the lad worked for.

I saw a random manc lad with about 23 followers make a daft remark about 96 not being enough on Sunday.

 

Next thing some folk were messaging his mum on Facebook and notified McDonald's who the lad worked for.

 

That's because there really are still idiots who don't realise that nce you post something on social media, it's out there, and it can have consequences

 

Clayton Powis can testify to this, he's still appearing fairly high up on Google 

That's because there really are still idiots who don't realise that nce you post something on social media, it's out there, and it can have consequences

 

Clayton Powis can testify to this, he's still appearing fairly high up on Google 

Bloody hell, whatever happened to Clayton Powis?

you'd given your opinion on how you think KA could choose to approach the running of the club

 

I was just giving mine, not as a counter argument, just as a debate

 

then in the last post you put forward lots of IFs leading to why you think KA could/should/would put his own money into the club, rather than sell players (or assets) now (or whenever)

 

I'm of the opinion that he has little intention to do finance anything himself unless he can help it and is trying to shift the club as quickly as possible and make a profit

 

and that he will do whatever he can within reason (or unreasonably if he gets desperate) to avoid putting his own money in - he's willing to gamble us staying up by not selling madine now, great, it's probably a good idea as I think we will stay up as a result of keeping him

 

but come the summer, if we stay up and a reasonable bid comes in for madine, he goes and the money keeps the club going

 

same for vela, as anyone else who might be able to command a free, then PP goes with loans and frees again

 

I think KA will do what's right for him and his bank account first, before the club - which is fair enough, the reason why he has property in moncao and switzerland is because he doesn't spunk his cash freely, which is what running a football club these days seems to entail

 

as said, I heard he wants 5M from a sale, and wants that sale asap - if he starts funding anything himself, it starts eating into that profit he has his eye on and the whole reason he got into this in the first place - the longer he owns the club, the less chance he has of making any money, UNLESS, we get to the PL, but I don't see him financing such a strategy out his back pocket

 

that's what I think

 

Maybe I'm missing what you are trying to tell me - if so I apologise but I still think you are missing my most fundamental point namely that the club needs to be kept financially afloat until it can be sold.

 

I agree with about everything you say above BUT but you seem to miss how we get to the point where Anderson gets to sell the club without someone, somewhere paying the bills to keep the club going until it can be sold?

 

We are told that over the season we will accrue a £6 million debt - so after whatever our turnover is in respect of season tickets, match day income, sales of shirts, etc, etc, etc - our costs - wages, paying HMRC,  policing, security, ground maintenance, etc, etc, etc, will come to £6 million more than we earn.

 

So in simple terms if no one puts the £6 million in we will simply have no money to continue with and will have to go into Administration before the end of the season.

 

I recall reading that last season it was costing the club around £1 million per month on wages - being the major cost to the club.  Let's for argument sake say that it costs £24 million this year to run the club and we have £18 million turnover - and thus have a £6 million deficit - then even if we got all of our money up front we would still run out at the three-quarter mark of the season - being the end of February - that is the end of next month!

 

Do we really think the club will be sold by then?  I don't.

 

So where is the £2 million per month (or whatever it really is) for each month from March onwards come from until Anderson does sell the club?

 

All I'm saying is that I would view his best position to fund the shortfall himself until he can sell the club.

 

If you think it would be in his best interest not to do so then he will need to sell assets or attract new investment to keep going - or face Administration - and that must be done within weeks to meet the financial needs of the club.

 

I can't see him attracting new investment within the next 6 weeks (particularly if he sells his best players in this window) so that leaves him with selling something (hotel, car park, whatever) or putting his hand in his pocket.

 

I reckon that if he had given up on his belief that he couldn't make money on the club that he would have acted differently by now - sold Madine on Cardiff's first bid, taken the dodgy partnership offer from the bloke who ran a phone shop up Halliwell Road, asset stripped as much as he could etc, etc.

 

So if he hasn't made plans to cut and run, doesn't want to have Administration strip him of everything, then the only reason he is still here is to turn a profit on the club - and the only way he can still do that is by keeping it going - funding the £6 million shortfall himself for now.

 

I've no crystal ball and circumstances may well be different behind the scenes than what we are told but if we really are going to have a £6 million trading deficit at the end of this season then he's either got to act urgently now to fill it or fund it himself.

 

It would seem to me the latter option is best for him.

 

I'd be interested to know how would you (or anyone else) propose he keeps the club running if he isn't going to put his hand in his pocket - until he finds a buyer?

 

Would you sell Madine and Vela and put that money towards the £6 million perhaps as a start?

Edited January 17, 20188 yr by Sluffy

Fwiw every one is right I reckon.

Ken doesn't have to stuff money in from his own pockets.

If we are losing money still then someone needs to prop up the club until time that it becomes more viable (reduced wages etc).

Ken's done OK so far, so we have to trust his judgement in how best to achieve the goals.

Hopefully, someone will come along with deepish pockets, but until then I'll trust him to carry on doing the good work; whichever way he does it.

Fucking hell this transfer thread is shit.

Bang on.

 

Why should he put his own money in?

 

I'd rather this than run up a load of debt to him or his company and up in the shit again.

 

Folk that call for him to pour in his wealth in haven't a clue how business works.

The problem is Bolton Wanderers isn't a business too me. I don't hate Ken or his strategy but at the same time I'm not in awe of it. I'd just like us to win more games than lose.

 

I think it's wrong to compare the whites to a business as football simply doesn't work like that.

 

While again I'm not bothered if we are run well or an owner taking a hit on his own personal wealth I think fans are right to ask or certainly be entitled to ask whether he will put some money up!

 

I do wonder how far we could go just living off our means?

The problem is Bolton Wanderers isn't a business too me. I don't hate Ken or his strategy but at the same time I'm not in awe of it. I'd just like us to win more games than lose.

 

I think it's wrong to compare the whites to a business as football simply doesn't work like that.

 

While again I'm not bothered if we are run well or an owner taking a hit on his own personal wealth I think fans are right to ask or certainly be entitled to ask whether he will put some money up!

 

I do wonder how far we could go just living off our means?

Are you drunk?

 

Football is business.

In the modern day it does simply work like that.

 

As a sane person I am reasonably concerned if a person is making a loss on funding then club or not. And therefore can understand transfer market approach.

I’m hoping Ken is talking to Staveleys consortium and I wouldn’t put it past him.

Edited January 17, 20188 yr by Mounts Kipper

Are you drunk?

 

Football is business.

In the modern day it does simply work like that.

 

As a sane person I am reasonably concerned if a person is making a loss on funding then club or not. And therefore can understand transfer market approach.

No just smashed some spice though

 

What other business is paying 35m in fee alone for a guy with 5 months left of his contract.

 

It's different to 'standard business' in almost every sense. How many businesses get 15k fans rocking up every other Saturday delivering a normally shit product with a customer base that will keep going regardless?

 

I can't understand why you are bothered if Ken puts his own money in but crack on.

 

As stated above I do understand the approach, I merely suggested folk are entitled to ask the question

He could have sold the club already

A deal could have been agreed. Was there something about not being able to agree a price until the buyer knows what division we are in. Thus the deal was shelved.

I think Sluffy should set up his own blog

I think Sluffy should set up his own blog

He paps on a bit much though.

He could afford vastly better advice than I could ever offer.

 

Anyway I wouldn't tell anyone what to do with their money - that's for themselves to decide.

 

I've merely stated the obvious financial scenarios the owner of the club faces based on what has been put into the public domain and why selling his best players now (if he doesn't have to / or has not got equal or better replacing them) makes no financial sense whatsoever.

 

If you think it does, or can't be arsed to read it because it takes longer than a goldfishes attention span to do so - that's fine by me.

Speaking of fish... Why use one word when 1000 would do?

Fucking hell this transfer thread is shit.

I left it for a few hours. On my return I can only liken it to watching Attack of the Clones

No just smashed some spice though

 

What other business is paying 35m in fee alone for a guy with 5 months left of his contract.

 

 

Carillon anybody?

Regarding Twitter, don't you have to go looking for the lunatics though? I'm finding it easy to silence the knobheads. I don't read any criticism of KA.

 

Facebook on the other hand. Losing patience with that place.

Regarding Twitter, don't you have to go looking for the lunatics though? I'm finding it easy to silence the knobheads. I don't read any criticism of KA.

 

Facebook on the other hand. Losing patience with that place.

Twitter is OK as long as you avoid the replies to tweets. It's in there the not reets linger

Could probably get flanagen on loan.....

Could probably get flanagen on loan.....

If Holdsworth was still here, maybe.

 

I'd be interested to know how would you (or anyone else) propose he keeps the club running if he isn't going to put his hand in his pocket - until he finds a buyer?

 

Would you sell Madine and Vela and put that money towards the £6 million perhaps as a start?

 

I'm guessing he got some cash to help do this by negotiating the early payments on Rob Holding

 

and the 2 gigs in the summer will probably help

 

other than that, I don't know, but as said, there have been rumours, all be them rumours, that ED still helps out

 

and my point is I would have thought he has other options lined up before he starts paying himself, I don't know what they are, but I bet he is reluctant to start funding the club himself and will do what he can not too as I don't think he got into this to spend his own cash on keeping the club going

 

in the BN today he says he hopes, all be it rather optimistically, to be breaking even by the summer, so maybe he's sorted much of the mess out one way or another, or intends to

 

if it comes about by him financing from his personal fortune, I'll be surprised