Sluffy Posted March 30, 2019 Posted March 30, 2019 5 hours ago, boltondiver said: Mentalist thread now Is Sluffy still doing a nightly recap? Ok, what we've learned in the last few days - Part I - Nixon proclaims Bassini (previous with Watford) is the newest mystery bidder locked in talks with Anderson, and implies he's already passed/about to pass, the leagues FFP (fit and proper person test). Bassini (note not Basran that I think some people might have got confused with initially?) was made bankrupt (for the second time) for less than £40k, just over 4 years ago and was banned from anything to do with football for three years (now served). - Ken CAN still sell the club BUT only before his share ownership debt is called in (or he pays it off) before by the 2nd April (this coming Tuesday). - However this can only be achieved if that purchaser can pay off (or show funds available to do so) the Moonshift share debt, the winder and everybody who can add their names to it (substitution) - whilst they have money outstanding to them - ie all the creditors estimated to be around £37m , and finally take the club financially forward for the next few seasons estimated to be around another £35m. - Note though that up front Bassini (or anyone else) would need £10m to pay off the (personal to Ken) share loan and his £2m he wanted, plus deal with HMRC, Macron and anybody else wanting to substitute themselves on to the winder, by paying them off in full or agreeing terms with them to discount and/or delay settlement. - An important point though is that if it came down to a stark choice of liquidation or a perceived bad owner, the EFL cannot plump for liquidation. - Howards 'Dark Horse' are sticking with their bid price and will not raise it. - Bassini gives interview to the Telegraph saying eminents of the football world Sir David Richards and John Williams are associated with his takeover. - Shock disclosure that the ST (plus high net worth associates) are all but £30m short of the original asking price of £30m. - Iles disappears yet again at the time the club faces a potential liquidation. - Bonnar disappears for good perhaps for one too many late night liquid imbibition? Part II Howard v Custard (The Straightener) - Opening rounds, H imperious whilst Custard takes stock of his opponent. - H throws a couple of wild swings (though most of us miss them at the time - but Custard doesn't!). - Custard begins to throw a few annoying jabs, H becomes irritable and retires to his corner whilst most of the crowd boo Custarrd and want the ref to stop the contest and eject him. - H begins to open up more and now people begin to see why H had been swerving Custards irritating jabs and why Custard had been technically correct to be throwing them. - Result BOTH WINNERS! - Hooray! - H discloses that factoring of income as taken place with money due to the club (transfer fees, EFL payments) being paid to Inner Circle Investment (Ken's company that owns the club shares) (oh btw it's former name was Indiewolf Productions Ltd) and they in turn paying it into the club - which makes them a outstanding creditor to the club. That this information was put to city investors for the sale of BL (Burnden Leisure) but apparently not disclosed to Team Basran until the last moment, who in turn has made it known to others. This 'inter company obligation' is to be paid back over a period of time and is partially based on performance if Dark Horse buys the club although the city was told it would have been written off. I think we can see now why H tried to avoid the issues that he probably was not at liberty to say at the time and similarly Custard's insistence that what was being said at the time was clearly not the full story. Both did the right thing by themselves but by doing so led to the clash of the titans. Both winners in my book. Finally, - Hoppy510 is an "absolute turd" - made me laugh that one!
Howardroark Posted March 30, 2019 Posted March 30, 2019 2 hours ago, Chris Custodiet said: Tempus fugit but these were the original creditor figures you posted: 16M secured £12.9 unsecured (excluding players wages). At that time I was certainly not aware of the money moved to ICIL and the additional debts arising out of factoring. Would I be right in thinking that your group were also unaware? John Galt later published some higher figures then quickly withdrew. I'm not sure whether the figures he posted are still on the site but, just to be clear, what are the figures that the mystery bidder is being asked to pick up? I'm afraid that I'd insist that Ken paid back to BWFC all monies paid to ICIL after deducting anything that ICIL had genuinely paid on behalf of the club. Between £38m and £40m
Take Hunt Off Posted March 30, 2019 Posted March 30, 2019 9 minutes ago, Sluffy said: Ok, what we've learned in the last few days - Part I - Nixon proclaims Bassini (previous with Watford) is the newest mystery bidder locked in talks with Anderson, and implies he's already passed/about to pass, the leagues FFP (fit and proper person test). Bassini (note not Basran that I think some people might have got confused with initially?) was made bankrupt (for the second time) for less than £40k, just over 4 years ago and was banned from anything to do with football for three years (now served). - Ken CAN still sell the club BUT only before his share ownership debt is called in (or he pays it off) before by the 2nd April (this coming Tuesday). - However this can only be achieved if that purchaser can pay off (or show funds available to do so) the Moonshift share debt, the winder and everybody who can add their names to it (substitution) - whilst they have money outstanding to them - ie all the creditors estimated to be around £37m , and finally take the club financially forward for the next few seasons estimated to be around another £35m. - Note though that up front Bassini (or anyone else) would need £10m to pay off the (personal to Ken) share loan and his £2m he wanted, plus deal with HMRC, Macron and anybody else wanting to substitute themselves on to the winder, by paying them off in full or agreeing terms with them to discount and/or delay settlement. - An important point though is that if it came down to a stark choice of liquidation or a perceived bad owner, the EFL cannot plump for liquidation. - Howards 'Dark Horse' are sticking with their bid price and will not raise it. - Bassini gives interview to the Telegraph saying eminents of the football world Sir David Richards and John Williams are associated with his takeover. - Shock disclosure that the ST (plus high net worth associates) are all but £30m short of the original asking price of £30m. - Iles disappears yet again at the time the club faces a potential liquidation. - Bonnar disappears for good perhaps for one too many late night liquid imbibition? Part II Howard v Custard (The Straightener) - Opening rounds, H imperious whilst Custard takes stock of his opponent. - H throws a couple of wild swings (though most of us miss them at the time - but Custard doesn't!). - Custard begins to throw a few annoying jabs, H becomes irritable and retires to his corner whilst most of the crowd boo Custarrd and want the ref to stop the contest and eject him. - H begins to open up more and now people begin to see why H had been swerving Custards irritating jabs and why Custard had been technically correct to be throwing them. - Result BOTH WINNERS! - Hooray! - H discloses that factoring of income as taken place with money due to the club (transfer fees, EFL payments) being paid to Inner Circle Investment (Ken's company that owns the club shares) (oh btw it's former name was Indiewolf Productions Ltd) and they in turn paying it into the club - which makes them a outstanding creditor to the club. That this information was put to city investors for the sale of BL (Burnden Leisure) but apparently not disclosed to Team Basran until the last moment, who in turn has made it known to others. This 'inter company obligation' is to be paid back over a period of time and is partially based on performance if Dark Horse buys the club although the city was told it would have been written off. I think we can see now why H tried to avoid the issues that he probably was not at liberty to say at the time and similarly Custard's insistence that what was being said at the time was clearly not the full story. Both did the right thing by themselves but by doing so led to the clash of the titans. Both winners in my book. Finally, - Hoppy510 is an "absolute turd" - made me laugh that one! Pretty concise that Mr Sluffy.
Pricey Posted March 30, 2019 Posted March 30, 2019 I feel the Howard and custard drama could be made into a film
marcx666 Posted March 30, 2019 Posted March 30, 2019 6 minutes ago, Pricey said: I feel the Howard and custard drama could be made into a film It already has been, Fatal Attraction.
Chris Custodiet Posted March 30, 2019 Posted March 30, 2019 (edited) 46 minutes ago, Howardroark said: Between £38m and £40m OK. We haven't heard Ken's version of events but there seem to be a lot of questions that are best pursued no further here. Fingers crossed for next week and for the next 30minutes at QPR. COYWM Edited March 30, 2019 by Chris Custodiet
Chris Custodiet Posted March 30, 2019 Posted March 30, 2019 (edited) 1 hour ago, Sluffy said: Ok, what we've learned in the last few days - Part I - Nixon proclaims Bassini (previous with Watford) is the newest mystery bidder locked in talks with Anderson, and implies he's already passed/about to pass, the leagues FFP (fit and proper person test). Bassini (note not Basran that I think some people might have got confused with initially?) was made bankrupt (for the second time) for less than £40k, just over 4 years ago and was banned from anything to do with football for three years (now served). - Ken CAN still sell the club BUT only before his share ownership debt is called in (or he pays it off) before by the 2nd April (this coming Tuesday). - However this can only be achieved if that purchaser can pay off (or show funds available to do so) the Moonshift share debt, the winder and everybody who can add their names to it (substitution) - whilst they have money outstanding to them - ie all the creditors estimated to be around £37m , and finally take the club financially forward for the next few seasons estimated to be around another £35m. - Note though that up front Bassini (or anyone else) would need £10m to pay off the (personal to Ken) share loan and his £2m he wanted, plus deal with HMRC, Macron and anybody else wanting to substitute themselves on to the winder, by paying them off in full or agreeing terms with them to discount and/or delay settlement. - An important point though is that if it came down to a stark choice of liquidation or a perceived bad owner, the EFL cannot plump for liquidation. - Howards 'Dark Horse' are sticking with their bid price and will not raise it. - Bassini gives interview to the Telegraph saying eminents of the football world Sir David Richards and John Williams are associated with his takeover. - Shock disclosure that the ST (plus high net worth associates) are all but £30m short of the original asking price of £30m. - Iles disappears yet again at the time the club faces a potential liquidation. - Bonnar disappears for good perhaps for one too many late night liquid imbibition? Part II Howard v Custard (The Straightener) - Opening rounds, H imperious whilst Custard takes stock of his opponent. - H throws a couple of wild swings (though most of us miss them at the time - but Custard doesn't!). - Custard begins to throw a few annoying jabs, H becomes irritable and retires to his corner whilst most of the crowd boo Custarrd and want the ref to stop the contest and eject him. - H begins to open up more and now people begin to see why H had been swerving Custards irritating jabs and why Custard had been technically correct to be throwing them. - Result BOTH WINNERS! - Hooray! - H discloses that factoring of income as taken place with money due to the club (transfer fees, EFL payments) being paid to Inner Circle Investment (Ken's company that owns the club shares) (oh btw it's former name was Indiewolf Productions Ltd) and they in turn paying it into the club - which makes them a outstanding creditor to the club. That this information was put to city investors for the sale of BL (Burnden Leisure) but apparently not disclosed to Team Basran until the last moment, who in turn has made it known to others. This 'inter company obligation' is to be paid back over a period of time and is partially based on performance if Dark Horse buys the club although the city was told it would have been written off. I think we can see now why H tried to avoid the issues that he probably was not at liberty to say at the time and similarly Custard's insistence that what was being said at the time was clearly not the full story. Both did the right thing by themselves but by doing so led to the clash of the titans. Both winners in my book. Finally, - Hoppy510 is an "absolute turd" - made me laugh that one! Matthew 5:9 Edited March 30, 2019 by Chris Custodiet
Dave1958 Posted March 30, 2019 Posted March 30, 2019 Sorry to barge in guys, Charlton supporter here. Bassini stinks of total desperation, just take a look at what Duchatelet has done to our club and the mess we are in, Bassini could make that pale into insignificance. I wish you well.
Guest Posted March 30, 2019 Posted March 30, 2019 8 minutes ago, Dave1958 said: Sorry to barge in guys, Charlton supporter here. Bassini stinks of total desperation, just take a look at what Duchatelet has done to our club and the mess we are in, Bassini could make that pale into insignificance. I wish you well. Look Dave, I can see you're really upset about this. I honestly think you ought to sit down calmly, take a stress pill, and think things over.
anthonyj Posted March 30, 2019 Posted March 30, 2019 25 minutes ago, Chris Custodiet said: Matthew 5:9 Has peace broke out?
Chris Custodiet Posted March 30, 2019 Posted March 30, 2019 Just now, anthonyj said: Has peace broke out? Just a little misunderstanding. Always on the same side really.
anthonyj Posted March 30, 2019 Posted March 30, 2019 That that warm smug feeling tonight.......i feel like everythings going to be fine. Going to get really pissed, just to make sure though.✌
Wanderlust Posted March 30, 2019 Posted March 30, 2019 2 hours ago, Sluffy said: Ok, what we've learned in the last few days - Part I - Nixon proclaims Bassini (previous with Watford) is the newest mystery bidder locked in talks with Anderson, and implies he's already passed/about to pass, the leagues FFP (fit and proper person test). Bassini (note not Basran that I think some people might have got confused with initially?) was made bankrupt (for the second time) for less than £40k, just over 4 years ago and was banned from anything to do with football for three years (now served). - Ken CAN still sell the club BUT only before his share ownership debt is called in (or he pays it off) before by the 2nd April (this coming Tuesday). - However this can only be achieved if that purchaser can pay off (or show funds available to do so) the Moonshift share debt, the winder and everybody who can add their names to it (substitution) - whilst they have money outstanding to them - ie all the creditors estimated to be around £37m , and finally take the club financially forward for the next few seasons estimated to be around another £35m. - Note though that up front Bassini (or anyone else) would need £10m to pay off the (personal to Ken) share loan and his £2m he wanted, plus deal with HMRC, Macron and anybody else wanting to substitute themselves on to the winder, by paying them off in full or agreeing terms with them to discount and/or delay settlement. - An important point though is that if it came down to a stark choice of liquidation or a perceived bad owner, the EFL cannot plump for liquidation. - Howards 'Dark Horse' are sticking with their bid price and will not raise it. - Bassini gives interview to the Telegraph saying eminents of the football world Sir David Richards and John Williams are associated with his takeover. - Shock disclosure that the ST (plus high net worth associates) are all but £30m short of the original asking price of £30m. - Iles disappears yet again at the time the club faces a potential liquidation. - Bonnar disappears for good perhaps for one too many late night liquid imbibition? Part II Howard v Custard (The Straightener) - Opening rounds, H imperious whilst Custard takes stock of his opponent. - H throws a couple of wild swings (though most of us miss them at the time - but Custard doesn't!). - Custard begins to throw a few annoying jabs, H becomes irritable and retires to his corner whilst most of the crowd boo Custarrd and want the ref to stop the contest and eject him. - H begins to open up more and now people begin to see why H had been swerving Custards irritating jabs and why Custard had been technically correct to be throwing them. - Result BOTH WINNERS! - Hooray! - H discloses that factoring of income as taken place with money due to the club (transfer fees, EFL payments) being paid to Inner Circle Investment (Ken's company that owns the club shares) (oh btw it's former name was Indiewolf Productions Ltd) and they in turn paying it into the club - which makes them a outstanding creditor to the club. That this information was put to city investors for the sale of BL (Burnden Leisure) but apparently not disclosed to Team Basran until the last moment, who in turn has made it known to others. This 'inter company obligation' is to be paid back over a period of time and is partially based on performance if Dark Horse buys the club although the city was told it would have been written off. I think we can see now why H tried to avoid the issues that he probably was not at liberty to say at the time and similarly Custard's insistence that what was being said at the time was clearly not the full story. Both did the right thing by themselves but by doing so led to the clash of the titans. Both winners in my book. Finally, - Hoppy510 is an "absolute turd" - made me laugh that one! You'll have to excuse Sluffy - he's my been my stalker since I pulled him out of Anderson's arse and ripped him a new one of his own. BTW you seem to be using bold yourself fool. I keep telling to read things properly, sweetheart....
WestStandUpper Posted March 30, 2019 Posted March 30, 2019 Nixon firing shots at Howard’s ‘second rate conspiracy theory’ Sounds to me like a man who’s been fooled into believing Bassini!
JJ10 Posted March 30, 2019 Posted March 30, 2019 3 hours ago, Take Hunt Off said: There is the Toby Jug in costa Adeki near the water park although in recent years the scousers (reds) seem to have taken over .The owner is a Wanderers fan & still has a season ticket Giddy goose is...Colon 2 apartments, or the Columbus hotel and walk down the hill towards Veronica’s. It’s there on your left.
Burndens Bogs Posted March 30, 2019 Posted March 30, 2019 1 hour ago, Dave1958 said: Sorry to barge in guys, Charlton supporter here. Bassini stinks of total desperation, just take a look at what Duchatelet has done to our club and the mess we are in, Bassini could make that pale into insignificance. I wish you well. Appreciate the concern Dave, but Bassini will not be owning Bolton Wanderers.
sleepingindian Posted March 30, 2019 Posted March 30, 2019 5 minutes ago, WestStandUpper said: Nixon firing shots at Howard’s ‘second rate conspiracy theory’ Sounds to me like a man who’s been fooled into believing Bassini! im on his blocked list now :lol:. dont what i said
marcx666 Posted March 30, 2019 Posted March 30, 2019 4 minutes ago, sleepingindian said: im on his blocked list now ::lol::. dont what i said you only have to disagree with him. Hell, I've never actually spoke to or at him and I'm blocked 😂
sleepingindian Posted March 30, 2019 Posted March 30, 2019 2 minutes ago, marcx666 said: you only have to disagree with him. Hell, I've never actually spoke to or at him and I'm blocked 😂 snowflake or what
marcx666 Posted March 30, 2019 Posted March 30, 2019 4 minutes ago, sleepingindian said: snowflake or what Oh hes pretty much an emo teenager. I'm a Wednesday fan and we've had to deal with his shite for years, ironically since Paul Aldridge was at us. I got blocked because he said a few years ago, Alex Lopez was categorically not signing for us, then 10 minutes later Celta Vigo announced it on their website, so I linked him to it
sleepingindian Posted March 30, 2019 Posted March 30, 2019 1 minute ago, marcx666 said: Oh hes pretty much an emo teenager. I'm a Wednesday fan and we've had to deal with his shite for years, ironically since Paul Aldridge was at us. I got blocked because he said a few years ago, Alex Lopez was categorically not signing for us, then 10 minutes later Celta Vigo announced it on their website, so I linked him to it im officially a fud lmao
gregbwfc Posted March 30, 2019 Posted March 30, 2019 Older viewers may remember pre internet forum days when we had fanzines. Was an occasional column in white love (?), titled Alan Nixon's Bollocks. Assume it's as true now as it was then.
Recommended Posts