Howardroark Posted March 10, 2019 Posted March 10, 2019 2 minutes ago, Benny The Ball said: When you first came on here you said the information you were quoting was in the public domain or was based on rational assumptions This is if correct very specific information are you sure you are not very close to events ? It is in the public domain, £28.9m debt (£8m to Ken-Moonshift) This comes from the registered charges and debentures on companies house and then an overview of their most recent accounts. £2M for Ken £8m + £2m is £10m leaves £20.9 The £30Mish figure has been public knowledge for a long time because it’s literally the stated debt.
Howardroark Posted March 10, 2019 Posted March 10, 2019 7 minutes ago, onlyoneawalker said: How are they better options if just pure speculation? Bill Gates? They aren’t speculation, all 3 have held talks since 2012.
Mounts Kipper Posted March 10, 2019 Posted March 10, 2019 Just now, Howardroark said: They aren’t speculation, all 3 have held talks since 2012. Surely that’s not been disclosed in the public domain, doubt I’d of missed that.
royal white Posted March 10, 2019 Posted March 10, 2019 16 minutes ago, Howardroark said: KA has put his price on the table, it’s £10M to buy him out. Buyers will then have to negotiate directly with creditors (£20M or so) so you are broadly correct, he can’t control the deals done between buyers and creditors. As of tomorrow KA puts his price up by £1M for paying wages, but in theory that just reduces the creditors (players) by the same amount. My head hurts. How much of that 10 million would be profit for KA
RONNIE PHILLIPS Posted March 10, 2019 Posted March 10, 2019 2 minutes ago, Mounts Kipper said: Surely that’s not been disclosed in the public domain, doubt I’d of missed that. You were probably too busy on the Brexit thread 😊
Guest Posted March 10, 2019 Posted March 10, 2019 6 minutes ago, Mounts Kipper said: I always thought this lot might show interest in Bolton given the links between us and them. http://www.emerson.co.uk/pdf/profile.pdf They stiffed us in the sale of Burnden
Farnywhite Posted March 10, 2019 Posted March 10, 2019 Nixon telling people it’s rubbish to say Basran doesn’t have money asking we’re the rumour is coming from ?
Howardroark Posted March 10, 2019 Posted March 10, 2019 2 minutes ago, Mounts Kipper said: Surely that’s not been disclosed in the public domain, doubt I’d of missed that. It doesn’t explicitly state it but read between the lines of various meetings held between those parties and BWFC. Those meetings are public domain.
birch-chorley Posted March 10, 2019 Posted March 10, 2019 I can only think of a couple of stupidly wealthy bids that came out in the public domain 1) the Turkish biscuit bid 2) That Canadian / Greek bid fronted by Stelios and Shania Twain 3) crazy Oil fella Tamraz
Howardroark Posted March 10, 2019 Posted March 10, 2019 2 minutes ago, royal white said: My head hurts. How much of that 10 million would be profit for KA £2M
onlyoneawalker Posted March 10, 2019 Posted March 10, 2019 8 minutes ago, Howardroark said: It is in the public domain, £28.9m debt (£8m to Ken-Moonshift) This comes from the registered charges and debentures on companies house and then an overview of their most recent accounts. £2M for Ken £8m + £2m is £10m leaves £20.9 The £30Mish figure has been public knowledge for a long time because it’s literally the stated debt. £2m for Ken - guess or you know that’s what he wants Lee - I mean Howard
Chris Custodiet Posted March 10, 2019 Posted March 10, 2019 Here's the Twenty Ten Capital file at Companies House. It doesn't amount to much either: https://beta.companieshouse.gov.uk/company/09916348/filing-history Connections? There are a few but then again What do they amount to? Players wages day tomorrow. Gonna be a lot less than a million quid when tax is deducted and tax ain't due till mid April. Ken paying wages out of his pocket? Can't see it somehow..
Howardroark Posted March 10, 2019 Posted March 10, 2019 4 minutes ago, Farnywhite said: Nixon telling people it’s rubbish to say Basran doesn’t have money asking we’re the rumour is coming from ? From somebody who does a better research job than him.
Howardroark Posted March 10, 2019 Posted March 10, 2019 3 minutes ago, onlyoneawalker said: £2m for Ken - guess or you know that’s what he wants Lee - I mean Howard No, that’s the residual amount when you deduct debt from the amount openly discussed as the sale value.
Take Hunt Off Posted March 10, 2019 Posted March 10, 2019 Whittaker Peel owner is according to people who work closely with him not remotely interested in financing a football club even though he has been canvassed many times.
onlyoneawalker Posted March 10, 2019 Posted March 10, 2019 14 minutes ago, Howardroark said: It is in the public domain, £28.9m debt (£8m to Ken-Moonshift) This comes from the registered charges and debentures on companies house and then an overview of their most recent accounts. £2M for Ken £8m + £2m is £10m leaves £20.9 The £30Mish figure has been public knowledge for a long time because it’s literally the stated debt. £28.9m registered charges? Thought that was £16m and £12m unsecured?
onlyoneawalker Posted March 10, 2019 Posted March 10, 2019 2 minutes ago, Howardroark said: No, that’s the residual amount when you deduct debt from the amount openly discussed as the sale value. Openly discussed £10m when? The only asking price I believe we’ve seen was the £25m in the prospectus that went out?
Howardroark Posted March 10, 2019 Posted March 10, 2019 20 minutes ago, onlyoneawalker said: How are they better options if just pure speculation? Bill Gates? and why the stigma around Bolton secures creditors relatively low to peers and unsecured HMRC aside relatively easily sorted - why are we a basket case when Derby’s losing £3m a month? Secured creditors are an issue because the club is in default on the obligations therefore owed in full, immediately, same with most of the unsecured. Likewise all the assets are leveraged out already, borrowed against for short term cash flow so you can raise further funds through typical lending. At Derby there’s no entry cost.
Mounts Kipper Posted March 10, 2019 Posted March 10, 2019 11 minutes ago, Howardroark said: It doesn’t explicitly state it but read between the lines of various meetings held between those parties and BWFC. Those meetings are public domain. Where in the public domain?
onlyoneawalker Posted March 10, 2019 Posted March 10, 2019 Just now, Howardroark said: Secured creditors are an issue because the club is in default on the obligations therefore owed in full, immediately, same with most of the unsecured. Likewise all the assets are leveraged out already, borrowed against for short term cash flow so you can raise further funds through typical lending. At Derby there’s no entry cost. What Morris doesn’t want a bean for it?
Howardroark Posted March 10, 2019 Posted March 10, 2019 3 minutes ago, onlyoneawalker said: £28.9m registered charges? Thought that was £16m and £12m unsecured? The £8m Ken figure can be found in debentures and charges. Then 2.5m to Brett and 5.5 to Prescot.
Howardroark Posted March 10, 2019 Posted March 10, 2019 2 minutes ago, onlyoneawalker said: Openly discussed £10m when? The only asking price I believe we’ve seen was the £25m in the prospectus that went out? The £30M was openly discussed, it was reported in most places from late last year.
Howardroark Posted March 10, 2019 Posted March 10, 2019 (edited) 5 minutes ago, onlyoneawalker said: What Morris doesn’t want a bean for it? He wants an earn out- same as Eddie originally asked for (£15M on promotion to Peen)- note I don’t know what value he wants etc. Caveats are based around proof funds to be invested in delivering that goal. Edited March 10, 2019 by Howardroark Addition
Howardroark Posted March 10, 2019 Posted March 10, 2019 3 minutes ago, Mounts Kipper said: Where in the public domain? Conferences ‘hosted’ at the stadium press reports; Attendees of sporting events/sportsmen talks; Chairman’s reports for associated companies; Newsletters; Trade Magazines;
Chris Custodiet Posted March 10, 2019 Posted March 10, 2019 Sorry Howard it may be my fault, but I'm still not seeing how the £8m arose and where there is a record of it. Can you help?
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