It's happening. 

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

Thank fuck

17 minutes ago, marcx666 said:

Bassini has provided proof of funds according to Talksport. Interview with him after 10

Bolton Launderers

Day 42 in the Big Brother house......and still nothing has happened 🙈

6 minutes ago, Blondi said:

Bolton Launderers

😂 very good sir!

53 minutes ago, gonzo said:

Howard ....

 

This is from a someone that is involved with the Insolvency and Business Restructuring practice of a fairly well known form of Chartered Accountants.

“There is no automatic right of setoff in administration as opposed to liquidation which means that BWFC would still be pursued by the administrator for the 5m debt irrespective of it being owed 13m. Unless it can pay that 5m then it will force BWFC Into administration”

We could still be forced in to administration.   

The set-off was on the assumption of KA receiving the £5M to leave an £8M balance.

Wonder what shite Bassini is going to say on Talksport then

7 minutes ago, Okocha10 said:

Wonder what shite Bassini is going to say on Talksport then

I imagine that it'll be something like this...

https://www.telegraph.co.uk/football/2019/03/29/exclusivelaurence-bassini-vows-take-bolton-back-premier-league/

There is a not insignificant part of me that hopes Simon Jordan is on today too 

Edited April 5, 20197 yr by DLH

Nothing, apparently they have cancelled the interview

If it is Bassini, wouldn't it be nice if folk gave him a chance.....

Edited April 5, 20197 yr by Sweep

Bassini, "suggested that could be achieved within “three years” but said his first “priority” was to make sure players and staff were paid their March wages, which were due on Friday."

I will boo like fook if we're not back in the premier league in three years.

1 hour ago, Chris Custodiet said:

Never mind trying to change the subject at 5 o'clock in the morning, Mounts, I want to know if you've done your homework yet.

No more important thinks to do. 

2 minutes ago, The Norpig said:

Bassini, "suggested that could be achieved within “three years” but said his first “priority” was to make sure players and staff were paid their March wages, which were due on Friday."

I will boo like fook if we're not back in the premier league in three years.

he meant

premier league north. i think :lol:

9 minutes ago, Pricey said:

Nothing, apparently they have cancelled the interview

Wait, they cancelled a taped interview?

2 minutes ago, Sweep said:

If it is Bassini, wouldn't it be nice if folk have him a chance.....

The problem is people have already seen what he is like because of what he did at Watford... KA's proved a leopard doesn't change its spots, people will assume the same of Bassini...  Given all he's spouted is his innocence about everything, I get the distinct impression they may be right 

No parting shot, just a confirmation of a few things (albeit most have been said before)

1) I was born in Bristol, yes, I found myself in Bolton for work in the mid-90’s. My first game was Spurs at Burnden in the league cup. Season ticket until 2009 when work took me to sunnier climbs. At Burnden I used to park behind the paint centre on Weston St, at the Reebok it was on Scan as they were a client. I lived in Harwood and drunk in the 7 stars and Crofters, occasionally the No Name. 

2) I came here with a double agenda and under the employ of a firm based in the Middle East. The agenda was initially to make clear the lack of funding available to FV, so that ground swell didn’t cause a completion before my group were through EFL checks. 

3) You may not believe it, but we saved the club in March by contacting KA the day before court to show our hand, without that it was liquidation. 

4) Following that the agenda became to shine a light on the activities of KA so as to cause a knee jerk reaction and complete with our group. We know he reads here and has sensitivities to statements, likewise the forensic accounting started to apply pressure.

5) The arrival of Mr Bassini’s group was something of a surprise/spanner in the works and has caused issues to move us away from our required narrative. I do believe he has the backers to complete, likewise he has the backers to support guerilla action to discredit our bid. 

6) Why did we want to buy the club? The land is highly valuable, the hotel car park in particular as well as bits around the training ground and relief roads. We also believed that a speculative £120M investment may well generate a return of 2/3 times this if EPL could be agreed. The sale value of the land would allow for significant investment/offset some risk. We were very much looking at a Wolves model but with the input of a slightly less country specific agent. 

7) The documents were not ‘knock ups’ and I will put the originals on a Dropbox for you to view them once the takeover is completed. 

8. My frustrations stemmed not from the challenges posed, but from the misery. Maybe it’s the situation, but I’ve always been of the opinion that I take a man at his word until I’m proven incorrect. What I see here is a small number of individuals who would rather spend their time attempting to prove me wrong/discredit rather than engaging in intelligent debate; allowing myself to build trust. It is these individuals that will seize upon only this point in response to this message.

9) Any of you holding the tiny fraction of shares in Burnden Leisure could verify any of my statements through the club solicitors. 

10) Mr Bassini is fronting the consortium because it is impossible to smear him, it’s a sort of perverse double jeopardy. That  he is anywhere near the other consortium  suggests the presence of my bidders is very real and that the comments on this forum have impact. 

11) Our consortium’s link to another football team was Seattle Sounders. 

12) Why did we choose to deal with Moonshift directly? KA was very clearly dealing with certain buyers who would agree to certain conditions that we simply could not, legally. Did we ever expect him to deal with us? No. Did we expect Mr Bassini? No. We expected a clear path once FV had been removed. 

Those are my final comments because I expect Bassini to complete today. 

Best, 

Howard Roark

7 minutes ago, Howardroark said:

No parting shot, just a confirmation of a few things (albeit most have been said before)

1) I was born in Bristol, yes, I found myself in Bolton for work in the mid-90’s. My first game was Spurs at Burnden in the league cup. Season ticket until 2009 when work took me to sunnier climbs. At Burnden I used to park behind the paint centre on Weston St, at the Reebok it was on Scan as they were a client. I lived in Harwood and drunk in the 7 stars and Crofters, occasionally the No Name. 

2) I came here with a double agenda and under the employ of a firm based in the Middle East. The agenda was initially to make clear the lack of funding available to FV, so that ground swell didn’t cause a completion before my group were through EFL checks. 

3) You may not believe it, but we saved the club in March by contacting KA the day before court to show our hand, without that it was liquidation. 

4) Following that the agenda became to shine a light on the activities of KA so as to cause a knee jerk reaction and complete with our group. We know he reads here and has sensitivities to statements, likewise the forensic accounting started to apply pressure.

5) The arrival of Mr Bassini’s group was something of a surprise/spanner in the works and has caused issues to move us away from our required narrative. I do believe he has the backers to complete, likewise he has the backers to support guerilla action to discredit our bid. 

6) Why did we want to buy the club? The land is highly valuable, the hotel car park in particular as well as bits around the training ground and relief roads. We also believed that a speculative £120M investment may well generate a return of 2/3 times this if EPL could be agreed. The sale value of the land would allow for significant investment/offset some risk. We were very much looking at a Wolves model but with the input of a slightly less country specific agent. 

7) The documents were not ‘knock ups’ and I will put the originals on a Dropbox for you to view them once the takeover is completed. 

8. My frustrations stemmed not from the challenges posed, but from the misery. Maybe it’s the situation, but I’ve always been of the opinion that I take a man at his word until I’m proven incorrect. What I see here is a small number of individuals who would rather spend their time attempting to prove me wrong/discredit rather than engaging in intelligent debate; allowing myself to build trust. It is these individuals that will seize upon only this point in response to this message.

9) Any of you holding the tiny fraction of shares in Burnden Leisure could verify any of my statements through the club solicitors. 

10) Mr Bassini is fronting the consortium because it is impossible to smear him, it’s a sort of perverse double jeopardy. That  he is anywhere near the other consortium  suggests the presence of my bidders is very real and that the comments on this forum have impact. 

11) Our consortium’s link to another football team was Seattle Sounders. 

12) Why did we choose to deal with Moonshift directly? KA was very clearly dealing with certain buyers who would agree to certain conditions that we simply could not, legally. Did we ever expect him to deal with us? No. Did we expect Mr Bassini? No. We expected a clear path once FV had been removed. 

Those are my final comments because I expect Bassini to complete today. 

Best, 

Howard Roark

all the best then howard. 

 

Bassini coming up on Jim white talk sport  this morning. 

Feels like my girlfriend has just walked out on me .......

Sadly, this whole episode made our site a circus show. This thread is a car crash.

@Howardroark does that mean James "loaded" Brown was aware of your consortium then? 

Sounders are linked to Microsoft and Hollywood aren't they? He mentioned entertainment industry links. 

Look forward to the dropbox

 

15 minutes ago, marcx666 said:

Wait, they cancelled a taped interview?

It was an exclusive interview, apparently back on for later this morning

According to Bassini he is the "Real deal"

Thank you and goodbye then.

I've enjoyed the ride with you even if some haven't.

May you and your clients be more successful in your future football ventures.

 

12 minutes ago, Howardroark said:

No parting shot, just a confirmation of a few things (albeit most have been said before)

1) I was born in Bristol, yes, I found myself in Bolton for work in the mid-90’s. My first game was Spurs at Burnden in the league cup. Season ticket until 2009 when work took me to sunnier climbs. At Burnden I used to park behind the paint centre on Weston St, at the Reebok it was on Scan as they were a client. I lived in Harwood and drunk in the 7 stars and Crofters, occasionally the No Name. 

2) I came here with a double agenda and under the employ of a firm based in the Middle East. The agenda was initially to make clear the lack of funding available to FV, so that ground swell didn’t cause a completion before my group were through EFL checks. 

3) You may not believe it, but we saved the club in March by contacting KA the day before court to show our hand, without that it was liquidation. 

4) Following that the agenda became to shine a light on the activities of KA so as to cause a knee jerk reaction and complete with our group. We know he reads here and has sensitivities to statements, likewise the forensic accounting started to apply pressure.

5) The arrival of Mr Bassini’s group was something of a surprise/spanner in the works and has caused issues to move us away from our required narrative. I do believe he has the backers to complete, likewise he has the backers to support guerilla action to discredit our bid. 

6) Why did we want to buy the club? The land is highly valuable, the hotel car park in particular as well as bits around the training ground and relief roads. We also believed that a speculative £120M investment may well generate a return of 2/3 times this if EPL could be agreed. The sale value of the land would allow for significant investment/offset some risk. We were very much looking at a Wolves model but with the input of a slightly less country specific agent. 

7) The documents were not ‘knock ups’ and I will put the originals on a Dropbox for you to view them once the takeover is completed. 

8. My frustrations stemmed not from the challenges posed, but from the misery. Maybe it’s the situation, but I’ve always been of the opinion that I take a man at his word until I’m proven incorrect. What I see here is a small number of individuals who would rather spend their time attempting to prove me wrong/discredit rather than engaging in intelligent debate; allowing myself to build trust. It is these individuals that will seize upon only this point in response to this message.

9) Any of you holding the tiny fraction of shares in Burnden Leisure could verify any of my statements through the club solicitors. 

10) Mr Bassini is fronting the consortium because it is impossible to smear him, it’s a sort of perverse double jeopardy. That  he is anywhere near the other consortium  suggests the presence of my bidders is very real and that the comments on this forum have impact. 

11) Our consortium’s link to another football team was Seattle Sounders. 

12) Why did we choose to deal with Moonshift directly? KA was very clearly dealing with certain buyers who would agree to certain conditions that we simply could not, legally. Did we ever expect him to deal with us? No. Did we expect Mr Bassini? No. We expected a clear path once FV had been removed. 

Those are my final comments because I expect Bassini to complete today. 

Best, 

Howard Roark

Howard, appreciate your input throughout the last few weeks, you have put my mind at ease most times, but confused the shit out of me at other times : ) but honestly all the best for the future and thank you 

Just now, Sluffy said:

Thank you and goodbye then.

I've enjoyed the ride with you even if some haven't.

May you and your clients be more successful in your future football ventures.

 

I agree - thanks Howard been an interesting roller coaster 

27 minutes ago, Sweep said:

If it is Bassini, wouldn't it be nice if folk gave him a chance.....

Whoever gets in I'm willing to give a chance, maybe he's just the front of a consortium who have some money to spend. Even if we spend circa £500,000 a season its a huge improvement on what we've had for the past few years.

13 minutes ago, Howardroark said:

No parting shot, just a confirmation of a few things (albeit most have been said before)

1) I was born in Bristol, yes, I found myself in Bolton for work in the mid-90’s. My first game was Spurs at Burnden in the league cup. Season ticket until 2009 when work took me to sunnier climbs. At Burnden I used to park behind the paint centre on Weston St, at the Reebok it was on Scan as they were a client. I lived in Harwood and drunk in the 7 stars and Crofters, occasionally the No Name. 

2) I came here with a double agenda and under the employ of a firm based in the Middle East. The agenda was initially to make clear the lack of funding available to FV, so that ground swell didn’t cause a completion before my group were through EFL checks. 

3) You may not believe it, but we saved the club in March by contacting KA the day before court to show our hand, without that it was liquidation. 

4) Following that the agenda became to shine a light on the activities of KA so as to cause a knee jerk reaction and complete with our group. We know he reads here and has sensitivities to statements, likewise the forensic accounting started to apply pressure.

5) The arrival of Mr Bassini’s group was something of a surprise/spanner in the works and has caused issues to move us away from our required narrative. I do believe he has the backers to complete, likewise he has the backers to support guerilla action to discredit our bid. 

6) Why did we want to buy the club? The land is highly valuable, the hotel car park in particular as well as bits around the training ground and relief roads. We also believed that a speculative £120M investment may well generate a return of 2/3 times this if EPL could be agreed. The sale value of the land would allow for significant investment/offset some risk. We were very much looking at a Wolves model but with the input of a slightly less country specific agent. 

7) The documents were not ‘knock ups’ and I will put the originals on a Dropbox for you to view them once the takeover is completed. 

8. My frustrations stemmed not from the challenges posed, but from the misery. Maybe it’s the situation, but I’ve always been of the opinion that I take a man at his word until I’m proven incorrect. What I see here is a small number of individuals who would rather spend their time attempting to prove me wrong/discredit rather than engaging in intelligent debate; allowing myself to build trust. It is these individuals that will seize upon only this point in response to this message.

9) Any of you holding the tiny fraction of shares in Burnden Leisure could verify any of my statements through the club solicitors. 

10) Mr Bassini is fronting the consortium because it is impossible to smear him, it’s a sort of perverse double jeopardy. That  he is anywhere near the other consortium  suggests the presence of my bidders is very real and that the comments on this forum have impact. 

11) Our consortium’s link to another football team was Seattle Sounders. 

12) Why did we choose to deal with Moonshift directly? KA was very clearly dealing with certain buyers who would agree to certain conditions that we simply could not, legally. Did we ever expect him to deal with us? No. Did we expect Mr Bassini? No. We expected a clear path once FV had been removed. 

Those are my final comments because I expect Bassini to complete today. 

Best, 

Howard Roark

Well I've enjoyed your posts Howard and found the info about insolvency procedures interesting. On point 8, that I'm afraid is the nature of the Internet, particularly when people have little power but a vast emotional impact investment. It's one of the reasons that anyone who is genuinely in the know in football usually steers well clear of letting anything out online, because the appetite can never be satisfied and the more it's fed the greater it becomes. I guess if you hadn't a personal connection you would have found that response easier to handle. Still enjoyed your posts and they stopped me lurking here so best to you also.