It's happening. 

https://www.theboltonnews.co.uk/sport/17405193.bolton-wanderers-close-to-takeover-from-uk-based-consortium/

Thank fuck

2 minutes ago, Steejay said:

You know better than to take what that fucker says at face value...

There's always a slider with him.

Absolutely. Be interesting to get H's take on it- a genuinely low amount to him, or yet more Mitty behaviour.

15 minutes ago, Felgate said:

Haven’t posted on WW for a long time, but been a member since 2003.... mainly lurking in the background with the occasional appearance (including a few beers with Casino & others in Munich, who may or may not remember...). 

A few posters mentioned divorce earlier in the thread and having been through that over the last few years, this situation with my beloved club feels a lot like the heartache I went through during my separation. These cunts that are responsible for this seemingly have no fucking idea or a complete lack of interest as to what BWFC means to the fans and employees of the club and the wider local community as a whole. 

If the relevant interested parties do indeed read this forum... search for just a hint of compassion, do the right thing, take a few quid with you if needs be, but just walk away and leave those of us with a genuine place in our hearts for BWFC to move on with our proud club. 

 

 

This.

Howard do you have any further insight to add, or do we just have to wait until these developments play out today and tomorrow?

2 minutes ago, Mantra said:

Howard do you have any further insight to add, or do we just have to wait until these developments play out today and tomorrow?

No, one has to assume that Bassini has the funds, probably from Thailand. The club will probably be fine and push for the aims he has stated.

League may not necessarily need to pass him as F&PP if he isn't the root of the funding. 

Assume KA 'selling for less' means other 'borrowing' is taken care of and a blind eye turned on other 'factors'. 

It is becoming evident that KA did not want to sell to my bidder, only he knows why, he actively courted Bassini after our bid was put in.

1 minute ago, Howardroark said:

No, one has to assume that Bassini has the funds, probably from Thailand. The club will probably be fine and push for the aims he has stated.

League may not necessarily need to pass him as F&PP if he isn't the root of the funding. 

Assume KA 'selling for less' means other 'borrowing' is taken care of and a blind eye turned on other 'factors'. 

It is becoming evident that KA did not want to sell to my bidder, only he knows why, he actively courted Bassini after our bid was put in.

Probably out of smite 

Just now, Howardroark said:

No, one has to assume that Bassini has the funds, probably from Thailand. The club will probably be fine and push for the aims he has stated.

League may not necessarily need to pass him as F&PP if he isn't the root of the funding. 

Assume KA 'selling for less' means other 'borrowing' is taken care of and a blind eye turned on other 'factors'. 

It is becoming evident that KA did not want to sell to my bidder, only he knows why, he actively courted Bassini after our bid was put in.

Probably because he gets more out of Bassini and wasn't happy with what your buyer offered?

Have you and your buyer given up hope yet?

aside of all the ramblings of media and H (no disrespect), the horses mouth says:

" For the record, talks are ongoing with buyers and whilst completion is taking longer than anticipated, for legal reasons, I am still unable to identify the buyers or the price they are paying.

The parties involved have assured me and their advisors that they are in a position that will enable completion to take place shortly."

so, lets just get to the end of the tomorrow and see where we are.

1 minute ago, Howardroark said:

No, one has to assume that Bassini has the funds, probably from Thailand. The club will probably be fine and push for the aims he has stated.

League may not necessarily need to pass him as F&PP if he isn't the root of the funding. 

Assume KA 'selling for less' means other 'borrowing' is taken care of and a blind eye turned on other 'factors'. 

It is becoming evident that KA did not want to sell to my bidder, only he knows why, he actively courted Bassini after our bid was put in.

Fair enough, thanks for the insight.

Can't say I'm convinced that the club will be fine, but it's hard to not be cynical after the last few years that we've had.

Would you say your bidders chances of getting the club are now below a 10% chance, or difficult to say until after the court hearing?

if ken sells to somebody with access to decent funds, funds that are available to the club, you cant blame him going with whats best for him

1 minute ago, HomerJay said:

aside of all the ramblings of media and H (no disrespect), the horses mouth says:

" For the record, talks are ongoing with buyers and whilst completion is taking longer than anticipated, for legal reasons, I am still unable to identify the buyers or the price they are paying.

The parties involved have assured me and their advisors that they are in a position that will enable completion to take place shortly."

so, lets just get to the end of the tomorrow and see where we are.

This.

1 hour ago, Pricey said:

What makes you think I'm a idiot?

How many years business experience do you have?

 

I am to cynical to believe anything until I see it nowadays, this is no different. Fuck knows what will happen... all any of us can really do is wait and see

9 minutes ago, Howardroark said:

No, one has to assume that Bassini has the funds, probably from Thailand. The club will probably be fine and push for the aims he has stated.

League may not necessarily need to pass him as F&PP if he isn't the root of the funding. 

Assume KA 'selling for less' means other 'borrowing' is taken care of and a blind eye turned on other 'factors'. 

It is becoming evident that KA did not want to sell to my bidder, only he knows why, he actively courted Bassini after our bid was put in.

I thought that was obvious?

Bassini has offered more incentives to KA than your lot have?

 

4 minutes ago, HomerJay said:

aside of all the ramblings of media and H (no disrespect), the horses mouth says:

" For the record, talks are ongoing with buyers and whilst completion is taking longer than anticipated, for legal reasons, I am still unable to identify the buyers or the price they are paying.

The parties involved have assured me and their advisors that they are in a position that will enable completion to take place shortly."

so, lets just get to the end of the tomorrow and see where we are.

 

3 minutes ago, Casino said:

if ken sells to somebody with access to decent funds, funds that are available to the club, you cant blame him going with whats best for him

Would be alright with me if it's true what he's saying but I can't deny that in my mind it's total bullshit.

Howard yesterday said Ken is seeking liquidation as he has buyers lined up for the assets. Not sure how certain Howard was/is on that but that statement worried me.

Edited April 2, 20197 yr by Mantra

1 minute ago, Casino said:

if ken sells to somebody with access to decent funds, funds that are available to the club, you cant blame him going with whats best for him

I just hope it is someone with funds and not someone who can barely afford to but the club and cause the same thing further down the line... or worse... 

Bassini doesnt fill me with hope of anything good long term or short, given his history. 

Just now, Mantra said:

 

Would be alright with me if it's true what he's saying but I can't deny that in my mind it's total bullshit.

Howard yesterday said Ken is seeking liquidation as he has buyers lined up. Not sure how certain Howard was/is on that but that statement worried me.

This.

Ken stands to make more money from liquidating us than a sale so will naturally want that for himself.

He has courted Bassini to knock H's team out the picture, and Bassini won't prove funds so there will be no alternative but liquidation for us in the courts eyes as no realistic buyer available.

We go to the wall, ken gets his £5m from sold assets, he's happy.

1 minute ago, WestStandUpper said:

This.

Ken stands to make more money from liquidating us than a sale so will naturally want that for himself.

He has courted Bassini to knock H's team out the picture, and Bassini won't prove funds so there will be no alternative but liquidation for us in the courts eyes as no realistic buyer available.

We go to the wall, ken gets his £5m from sold assets, he's happy.

@Howardroark

Do you stand by your belief that Ken is seeking liquidation, or are you inclined to believe that Bassini is more likely?

It was said, if I remember correctly, that your Bahrain bidders offered to pay off all debts and pay off Ken 2 million.

Bassini was said to be paying Ken 4 million.

If it's true that he gets 5 million from liquidation, then that is seriously worrying.

Howard, can you confirm/deny these figures?

1 minute ago, Mantra said:

@Howardroark

Do you stand by your belief that Ken is seeking liquidation, or are you inclined to believe that Bassini is more likely?

It was said, if I remember correctly, that your Bahrain bidders offered to pay off all debts and pay off Ken 2 million.

Bassini was said to be paying Ken 4 million.

If it's true that he gets 5 million from liquidation, then that is seriously worrying.

Howard, can you confirm/deny these figures?

& would your guys consider increasing your offer at this stage?

Big Sam has popped up once or twice in the past few days with a few cryptic comments about coming back.   I get the feeling he's in with one of the consortiums - haven't a clue which.

 

2 minutes ago, chrisw99 said:

Big Sam has popped up once or twice in the past few days with a few cryptic comments about coming back.   I get the feeling he's in with one of the consortiums - haven't a clue which.

 

If there's money, BSA will be interested....

Have they still been selling tickets for Saturday 

 

12 minutes ago, HomerJay said:

aside of all the ramblings of media and H (no disrespect), the horses mouth says:

" For the record, talks are ongoing with buyers and whilst completion is taking longer than anticipated, for legal reasons, I am still unable to identify the buyers or the price they are paying.

The parties involved have assured me and their advisors that they are in a position that will enable completion to take place shortly."

so, lets just get to the end of the tomorrow and see where we are.

Hopefully tomorrow is another adjournment and not the start of liquidation. The former keeps Howards buyers in with a chance if Bassini can't come up with the funds.

12 minutes ago, Casino said:

if ken sells to somebody with access to decent funds, funds that are available to the club, you cant blame him going with whats best for him

That's fair enough; though his comment that he's getting less than he paid, suggests that neither have offered him much.

Or of course it's more bollocks and there's actually nothing to believe at the moment; from anyone.

7 minutes ago, Razaldo9 said:

Hopefully tomorrow is another adjournment and not the start of liquidation. The former keeps Howards buyers in with a chance if Bassini can't come up with the funds.

That's what im thinking,

but if bwfc fight for an adjournment surely that means KA is ultra confident that Bassini will come up with the funds?

Otherwise why contest it? Because if Bassini fails to provide the funds, howards group swoop in on the 10th

8 minutes ago, Mantra said:

@Howardroark

Do you stand by your belief that Ken is seeking liquidation, or are you inclined to believe that Bassini is more likely?

It was said, if I remember correctly, that your Bahrain bidders offered to pay off all debts and pay off Ken 2 million.

Bassini was said to be paying Ken 4 million.

If it's true that he gets 5 million from liquidation, then that is seriously worrying.

Howard, can you confirm/deny these figures?

The Bassini package is more about what doesn't have to be repaid than an upfront fee. 

I do not believe liquidation will occur because the media hype alone will cause an investigation that KA will need to avoid.

1 minute ago, famouswanderer said:

That's what im thinking,

but if bwfc fight for an adjournment surely that means KA is ultra confident that Bassini will come up with the funds?

Otherwise why contest it? Because if Bassini fails to provide the funds, howards group swoop in on the 10th

He doesn't really need to contest it if he believes Bassini has the funds.

Still gives him another 7 days to wrap up with Bassini or at worst case for him, go back to Howard's group for a lower offer.

Only problem is, if he doesn't go back to Howie's group and liquidates instead after the 7 days.