bwfcfan5 Posted October 8, 2018 Share Posted October 8, 2018 Quote In reference to this, I have seen the social media exchanges between Kieran Maguire, Marc IIes and a few others which l find all very interesting. However, some of it is like comparing chalk and cheese. For a start no director’s salary has ever been paid to me. Furthermore, there were other directors at the time included in the Directors’ figures mentioned. It is correct though to say that fees were paid to businesses associated with me and this has always been disclosed as it’s a statutory obligation to do so. Ken on the attack. Its a good update. I think he's had enough of Iles amateur financial sleuth hour! Quote Link to comment Share on other sites More sharing options...
Guest Posted October 8, 2018 Share Posted October 8, 2018 55 minutes ago, burnden said: Kens latest note https://www.bwfc.co.uk/news/2018/october/a-note-from-the-chairman4/ He settled for less than the claim, even though they had no evidence? bit strange Quote Link to comment Share on other sites More sharing options...
bwfcfan5 Posted October 8, 2018 Share Posted October 8, 2018 2 minutes ago, boltondiver said: He settled for less than the claim, even though they had no evidence? bit strange He said they settled to avoid a legal battle....that no doubt would have had some characters up in arms - given if we lost the bill would be large and we'd be in administration! Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted October 8, 2018 Site Supporter Share Posted October 8, 2018 2 minutes ago, bwfcfan5 said: He said they settled to avoid a legal battle....that no doubt would have had some characters up in arms - given if we lost the bill would be large and we'd be in administration! But if there's no evidence, how can he lose? Does seem a bit odd. Quote Link to comment Share on other sites More sharing options...
bwfcfan5 Posted October 8, 2018 Share Posted October 8, 2018 1 minute ago, Tonge moor green jacket said: But if there's no evidence, how can he lose? Does seem a bit odd. My guess is that it isn't their involvement in question as that will be documented in a contract or agreement - but a question of whether they earned a consultancy or "finders fee" or whatever. I suspect that is less clear cut and whilst they may not have offered Ken evidence he was happy with that does not mean they wouldn't have something that would persuade a judge. In his Q&A Ken said "they didn't even know how much the Macron contract was worth". Which anecdotally sounds like they weren't involved but if they were, for example, simply finding sponsors and getting them in front of PG, the fee might be due and it might be entirely appropriate for them not to have intimate knowledge of the deal. Quote Link to comment Share on other sites More sharing options...
tyldesley_white Posted October 8, 2018 Share Posted October 8, 2018 32 minutes ago, bwfcfan5 said: My guess is that it isn't their involvement in question as that will be documented in a contract or agreement - but a question of whether they earned a consultancy or "finders fee" or whatever. I suspect that is less clear cut and whilst they may not have offered Ken evidence he was happy with that does not mean they wouldn't have something that would persuade a judge. In his Q&A Ken said "they didn't even know how much the Macron contract was worth". Which anecdotally sounds like they weren't involved but if they were, for example, simply finding sponsors and getting them in front of PG, the fee might be due and it might be entirely appropriate for them not to have intimate knowledge of the deal. Sometime the money taken to settle is less then the money you would have to spend on time and effort just to win, yes you win but you end up still losing money, Ken as done what he keep saying he will do and do what's best for Bolton Wanderers , in this case save us some money Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted October 8, 2018 Moderators Share Posted October 8, 2018 and seeing as things were seemingly being done in a less than business like way pre KA, and PG and ED cant shed any light on it, better to get shut of it anyway, cracking piece Kenneth who is this kieran maguire one non crank on the benmongcomments is frensic fred if youre on here, would you make yourself known - privately if you wish Quote Link to comment Share on other sites More sharing options...
Morizio Posted October 8, 2018 Share Posted October 8, 2018 2 hours ago, bwfcfan5 said: My guess is that it isn't their involvement in question as that will be documented in a contract or agreement - but a question of whether they earned a consultancy or "finders fee" or whatever. I suspect that is less clear cut and whilst they may not have offered Ken evidence he was happy with that does not mean they wouldn't have something that would persuade a judge. In his Q&A Ken said "they didn't even know how much the Macron contract was worth". Which anecdotally sounds like they weren't involved but if they were, for example, simply finding sponsors and getting them in front of PG, the fee might be due and it might be entirely appropriate for them not to have intimate knowledge of the deal. Are you by any chance spouting bollocks? Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted October 8, 2018 Moderators Share Posted October 8, 2018 every chance but its a theory and hes not getting paid to get to the truth, unlike serial bullshitter Lies Quote Link to comment Share on other sites More sharing options...
Morizio Posted October 8, 2018 Share Posted October 8, 2018 43 minutes ago, Casino said: every chance but its a theory and hes not getting paid to get to the truth, unlike serial bullshitter Lies Which one is the most likely to be sued for spouting such bollocks? Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted October 8, 2018 Share Posted October 8, 2018 (edited) 1 hour ago, Casino said: and seeing as things were seemingly being done in a less than business like way pre KA, and PG and ED cant shed any light on it, better to get shut of it anyway, cracking piece Kenneth who is this kieran maguire one non crank on the benmongcomments is frensic fred if youre on here, would you make yourself known - privately if you wish Maguire is professor of football finance from Liverpool uni. Maguire tweeted that Anderson and his son received 650k in 2017 while the median in the championship was 135k. Edited October 8, 2018 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
DomRepWanderer Posted October 8, 2018 Share Posted October 8, 2018 (edited) Bolton owner Ken Anderson says the club "probably" have the best finances in the Championship despite a winding-up petition over unpaid taxes. The order was issued by HM Revenue & Customs last Thursday but Anderson says the money owed will be paid this week. The Trotters avoided administration in September after ex-owner Eddie Davies' £5m loan four days before his death. "I don't think it [finances] is a mess at all - I think it's a big improvement on where it was," Anderson said. Has football moved on from the financial Wild West? He told BBC Radio Manchester: "I would say that the club is probably in the best financial position of any club in the Championship." The money from Davies was used to pay off Bolton's main creditor, BluMarble Capital Ltd, who had rejected a first repayment offer. Anderson said two parties interested in investing in Bolton have provided proof of funds, including an American consortium. "The right offer is the offer that means, going forward, the club is debt-free," said Anderson, who has been told the club is worth £30m. "There [would be] investment there to bring in new players, help us compete and try and get back into the Premier League." https://www.bbc.co.uk/sport/football/45791757 Edited October 8, 2018 by DomRepWanderer Quote Link to comment Share on other sites More sharing options...
DirtySanchez Posted October 8, 2018 Share Posted October 8, 2018 He's not a professor Well not according to his own biography Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted October 8, 2018 Share Posted October 8, 2018 4 minutes ago, DirtySanchez said: He's not a professor Well not according to his own biography Correct it says lecturer on his twitter profile. Quote Link to comment Share on other sites More sharing options...
barrycowdrill Posted October 8, 2018 Share Posted October 8, 2018 Iles is one strike away from a ban I reckon. Wouldn’t surprise me if he allowed the BN in to the club but not Iles that would be highly amusing Quote Link to comment Share on other sites More sharing options...
gonzo Posted October 8, 2018 Share Posted October 8, 2018 5 minutes ago, barrycowdrill said: Iles is one strike away from a ban I reckon. Wouldn’t surprise me if he allowed the BN in to the club but not Iles that would be highly amusing Hope he gets chucked on reporting about garden gnome thefts in little hulton the massive fuckin wally. He backed the wrong horse from the off and has tried his best over and over again to get one over the current regime. He’s fucked himself well and truly. Quote Link to comment Share on other sites More sharing options...
Moderators Zico Posted October 8, 2018 Moderators Share Posted October 8, 2018 This Maguire chap https://twitter.com/KieranMaguire Plenty other tweets too Seems more clued up than most Appears to not take KA's word at face value and questions and compares and does graphs Quote Link to comment Share on other sites More sharing options...
gonzo Posted October 8, 2018 Share Posted October 8, 2018 1 minute ago, ZicoKelly said: This Maguire chap https://twitter.com/KieranMaguire Plenty other tweets too Seems more clued up than most Appears to not take KA's word at face value and questions and compares and does graphs And in turn hoiks the twitter divs in to firth and co’s massive agenda. The only graphs that matter are the ones that shows the club moving up the league 1 table and in to the championship and the one showing the outgoings and losses going through the floor. Quote Link to comment Share on other sites More sharing options...
Traf Posted October 8, 2018 Share Posted October 8, 2018 1 minute ago, gonzo said: The only graphs that matter are the ones that shows the club moving up the league 1 table and in to the championship and the one showing the outgoings and losses going through the floor. If he's managed to reduce running losses, then I've no issue with him getting paid. Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted October 8, 2018 Moderators Share Posted October 8, 2018 The reason I mention frensic fred is because he's miles more clued up on finances than me I'm sure he said there was a 500k payment to inner circle which sceptics have as being KAs wage while Fred suggests it could be for all sorts of things other than wages Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted October 8, 2018 Moderators Share Posted October 8, 2018 Guess we would need to see the accounts for inner circle Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted October 8, 2018 Share Posted October 8, 2018 3 minutes ago, Casino said: The reason I mention frensic fred is because he's miles more clued up on finances than me I'm sure he said there was a 500k payment to inner circle which sceptics have as being KAs wage while Fred suggests it could be for all sorts of things other than wages Whatever it is it’s right of our bottom line. Given the money he’s saved us you could say it’s worth it. Quote Link to comment Share on other sites More sharing options...
gonzo Posted October 8, 2018 Share Posted October 8, 2018 That’s the whole issue. Nobody knows. People just have this idea KA paid himself £500k to spunk on yachts and brasses for doing fuck all. nobody knows the amount of staff, size of the company or what work has been carried out. and if it’s cost £500k or whatever to get us where we are now then like Traf alludes to, who gives a fuck. Shite hawks like Ben Amos raped the club for millions and nobody bats an eyelid. If Marc Iles and co want answers KA will give you them. This whole tit for tat bullshit could have all been avoided. The frenzy it’s created with the idiots on twitter is ridiculous and Marc Iles and his gang are to blame entirely. Quote Link to comment Share on other sites More sharing options...
bolton va va Posted October 8, 2018 Share Posted October 8, 2018 I have 2 theories about Iles........first is that he reads the absolute drivel against the club spouted on the BN comment pages, thinks that that little group of crackpots are representative of all Bolton supporters, & so writes any old nonsense against the club knowing that they will lap it up or....that he's actually trying to get himself banned from the club so that he can portray himself as a crusading local journalist fearlessly standing up to the evil owners of the club. Either way, except to those with an agenda against the club or KA, Iles has lost any credibilty as an impartial reporter, which is a shame, as we now have to read KA's notes to try & get an idea of what is going on Quote Link to comment Share on other sites More sharing options...
frank_spencer Posted October 8, 2018 Share Posted October 8, 2018 I take some of Ken's ramblings with a large pinch of salt. I've no doubt he has the club sailing very close to the wind on all things financially speaking and he has some ropey history. He's been the only show in town for years though and has the club on a much more even keel than it has been for donkeys. Quote Link to comment Share on other sites More sharing options...
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