It's happening. 

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

Thank fuck

Ken getting is excuses in now for no longer funding and no buyers . Sounds like we’re doomed in a couple of weeks 

1 hour ago, bwfcfan5 said:

IF you believe the trust, neither of them can put the club into admin....

I think the ST have said they can but the administrator then provides a window where the ST can come up with a viable alternative.

 

The only problem is the lack of 'viable alternative'.

1 minute ago, Ani said:

I think the ST have said they can but the administrator then provides a window where the ST can come up with a viable alternative.

 

The only problem is the lack of 'viable alternative'.

Trust claim that from "what they've seen" only KA or Moonshift can place the club into admin. 

1 minute ago, Ani said:

I think the ST have said they can but the administrator then provides a window where the ST can come up with a viable alternative.

 

The only problem is the lack of 'viable alternative'.

Maybe the st will pull a blinder or Howard of Arabia will ride his e-type camel into town followed by his money men.

Then I'll win the lottery three times running and my dogs will start shitting gold.

2 minutes ago, bwfcfan5 said:

Trust claim that from "what they've seen" only KA or Moonshift can place the club into admin. 

I think they are talking the technicality that a company in essence puts itself into administration but is forced to do so by the action of others.

 So HMRC take us court and as we can not meet our liabilities or present a credible plan we can either let the court push us over the edge which is the start of a liquidation process or the directors acknowledge the situation and take the admin option.

I dare say technically there is more to it than that but that is my high level understanding.

 

When will it be acceptable to start the "Ohhh Jeremy Corbyn Laurence Bassini" chant? When we get to the premiership or when we qualify for the champions league?

Deal done 

Just now, barrycowdrill said:

Deal done 

Source?????????????????

3 minutes ago, DomRepWanderer said:

Source?????????????????

Bassini, from what I can gather. 

 

Sky sports confirmed 

On talksport announced breaking news 

Bassini claims talks were concluded through the night he’s now the new owner and inherited a mess 

Just now, barrycowdrill said:

On talksport announced breaking news 

Bassini claims talks were concluded through the night he’s now the new owner and inherited a mess 

Not got EFL approval yet. 

How long does it take to register a company and it appear on companieshouse?

He doesn't have anything bolton related showing still.

You couldn't make it up. The roller coaster ride continues. Ken's last missive showed him in his true light, an arsehole of the highest order. I've gone but your fucked anyway. 

Hope this huys got some backers with some serious money, I don't fancy seeing us in another relegation fight next season. 

well, if it’s true I guess we wait and see what happens and what his first actions are to resolve all the mess.

1 minute ago, dazl1212 said:

Hope this huys got some backers with some serious money, I don't fancy seeing us in another relegation fight next season. 

He said it’s just him.

Lord Laurence! 

Bought & sold property in London since he went bankrupt

be reet 

6 minutes ago, bwfcfan5 said:

Not got EFL approval yet. 

I know he’s a mouthy bastard but I doubt he’d be coming out with those statements if EFL approval wasn’t a given 

Just now, Mounts Kipper said:

He said it’s just him.

I cling to the vague hope that he was just under NDA and couldn't reveal he had backers...its like a 1% chance. 

Anyone thinking this is a bad thing compared to the alternative is a fucking moonman.

3 minutes ago, Razaldo9 said:

How long does it take to register a company and it appear on companieshouse?

He doesn't have anything bolton related showing still.

He does not necessarily need a new company 

If he is only owning KA shares in Burnden Leisure - that could take days to show up at companies house 

Would not be surprised if he puts us into admin once deal concluded and then buys it back in a new co - but that might get messy with supporters trust 

 

Just now, barrycowdrill said:

I know he’s a mouthy bastard but I doubt he’d be coming out with those statements if EFL approval wasn’t a given 

Lets say he's worried that EFL might ask difficult questions or not approve it...what do you do? Go public so that the EFL are forced to approve it knowing the other option is a huge headache for them.

The EFL didn't want to approve the DH/KA takeover but did knowing that otherwise a judge would wind us up. 

So Bassini going public could simply be pressurising the EFL.