Okocha10 Posted July 25, 2019 Posted July 25, 2019 4 minutes ago, bwfc2003 said: Believe rugby semi finals are on this weekend so must have That's some good news then out of all this shit
Zico Posted July 25, 2019 Posted July 25, 2019 5 minutes ago, bwfc2003 said: Believe rugby semi finals are on this weekend so must have but will there be anyone there to let them in?
Sluffy Posted July 25, 2019 Posted July 25, 2019 Just now, bwfcfan5 said: If our games are suspended then no. But can you see the league doing that? I could see it for one game - if we said "deal will be done on Wednesday 100%". The problem is that nobody can provide a clear and unambiguous timescale or a guarantee that the deal will be done at all. To my mind. If Quantuma are genuinely running a sale process - and insist on doing so there is no guarantee that FV will win said process. Nor a cast iron guarantee for when the process will end. If you don't think the EFL would be prepared to suspend games then why do they have it as an option to them in their own rules? 28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved. Ok it might not be intended for the circumstances BWFC find themselves in but the EFL seem adept to interpret their own rules in a way best suited to them and if it means say a two week or so delay to get the matter resolved one way or another, then why not? I've not got a crystal ball and can say for certain what will happen but clearly this issue resolves around the hotel being finally resolved , James has the first claim on it, Ken with the only other secured claim, seems to have been satisfied, as far as we are led to believe, and even if FV have to pay off all the unsecured creditors it is only (yes it is not my money but in the scheme of things it is not such a large amount) a further £200k. If Quantuma are holding out for a bigger sale than that - and FV walks away, then I don't think the major creditor James/PBP are going to be best pleased and will no doubt look to take legal action against them. We all want FV to buy the club and hotel before the season starts, it looks on the face of it that they will probably win the hotel in a sale that should be sorted around two/three weeks into a season - and if it means the EFL interpreting their own rules to hopefully facilitate a club staying in the league rather than going bust, then I believe they will at least consider that as an option. What other practical alternatives are there really if Quantuma won't budge?
Guest Posted July 25, 2019 Posted July 25, 2019 6 minutes ago, Sluffy said: If you don't think the EFL would be prepared to suspend games then why do they have it as an option to them in their own rules? 28.2 Notwithstanding the provisions of Regulation 28.1, The League reserves the right at any time to reschedule a League Match after consultation with and consideration of representations from the Clubs involved. Ok it might not be intended for the circumstances BWFC find themselves in but the EFL seem adept to interpret their own rules in a way best suited to them and if it means say a two week or so delay to get the matter resolved one way or another, then why not? I've not got a crystal ball and can say for certain what will happen but clearly this issue resolves around the hotel being finally resolved , James has the first claim on it, Ken with the only other secured claim, seems to have been satisfied, as far as we are led to believe, and even if FV have to pay off all the unsecured creditors it is only (yes it is not my money but in the scheme of things it is not such a large amount) a further £200k. If Quantuma are holding out for a bigger sale than that - and FV walks away, then I don't think the major creditor James/PBP are going to be best pleased and will no doubt look to take legal action against them. We all want FV to buy the club and hotel before the season starts, it looks on the face of it that they will probably win the hotel in a sale that should be sorted around two/three weeks into a season - and if it means the EFL interpreting their own rules to hopefully facilitate a club staying in the league rather than going bust, then I believe they will at least consider that as an option. What other practical alternatives are there really if Quantuma won't budge? I don't know. The league might argue that it isn't their place to rearrange the start of the season. They might also argue that if FV are so sure to get the hotel they could simply buy the club now and get on with it. You could be right. But I'm not convinced the league will do us that many favours.
Okocha10 Posted July 25, 2019 Posted July 25, 2019 Remi Matthews doesn't sound happy just put "Another day another dollar, oh wait...." Pay day coming soon again
Spider Posted July 25, 2019 Posted July 25, 2019 1 minute ago, Okocha10 said: Remi Matthews doesn't sound happy just put "Another day another dollar, oh wait...." Pay day coming soon again I notice he's sat in his garden earning it.
Guest Posted July 25, 2019 Posted July 25, 2019 4 minutes ago, Spider said: I notice he's sat in his garden earning it. They don't tend to train in the afternoon...I really don't think the players being fed up at this point is anything other than perfectly understandable. I'm with them.
Sluffy Posted July 25, 2019 Posted July 25, 2019 5 minutes ago, bwfcfan5 said: I don't know. The league might argue that it isn't their place to rearrange the start of the season. They might also argue that if FV are so sure to get the hotel they could simply buy the club now and get on with it. You could be right. But I'm not convinced the league will do us that many favours. You don't know of any other practical alternatives for the position we find ourselves in, yet you are happy to rubbish the only possible one anyone has come up with so far? Ok. We'll find out soon enough. PS the EFL already KNOW that FV's plan includes the ownership of the hotel. Therefore they KNOW even if they bought the club in advance (as you are suggesting) but didn't get the hotel, then they couldn't fund the season as per EFL's specific requirement for club ownership. What do you think the obvious consequences will be for FV, the club, the EFL. I don't think you've through that one through properly? Would a sensible compromise be simply to wait a couple of weeks instead to see how things actually pan out? It would to me.
tomski Posted July 25, 2019 Posted July 25, 2019 5 hours ago, bwfcfan5 said: Only Football Ventures paid the £25K fee to look at the books. I think that tells you seriously how little interest there is in buying Bolton Wanderers Football Club. That is not fault of administrators. ED tried to sell and ended up giving it to the cockney chancers for £1. KA tried to sell and only had FV and mentalist Bassini with his "emails". The admins cannot magic up someone to buy a club. They found the best bet (the only bet it seems) and said bet hasn't been able to or wanted to complete the deal yet. The club has clearly been left in a mess by the last couple of regimes I think we all agree. They didn’t find anyone football violence were interested long before them. They are paid handsomely for these type of situations and however hard that may be that’s the gig they signed up for. As stated before I’ll reserve judgement for when sold. Also I’m uncomfortable for them to make decisions like Connell and others that can benefit them financially.
Tombwfc Posted July 25, 2019 Posted July 25, 2019 5 hours ago, Sluffy said: Well I believe it is that simple. There are only two secured creditors on the hotel James and Ken (and we are told Ken is now sorted). We believe the 'interest' and the consequential inflation of price for the hotel is because some (Fawaz, Bassini/Sullivan) believe they can gain ownership to the club by buying the hotel - but if the club is bought first, then do they really want to just simply own a hotel? I doubt it. Seems the immediate problem is that JV don't have enough up front cash to pay the players in full until the hotel is resolved If some deal can be struct with the players everything falls into line - maybe they do take a risk on being out bid on the hotel but I would have thought a CVA would have been achieved by now and still believe it to be the probable outcome. So if the players can accept some compromise, JV can commit to buy the club, which in turn removes those such as Fawaz apparently seeking to get the club with the hotel, which drops the interest/price on the hotel putting FV as clear favourites to take ownership of it, which allows JV to pursue their original plan which the EFL has already approved, which will allow the EFL to grant the club to partake in the league, which in turn triggers the recruiting of players that have been lined up during the last few weeks. In other words all systems go - apart from the players being on board. Fwiw the players will get ALL the money they are owed - everybody else unsecured will only be getting 35p in the £. Why would they be any more likely to get the money they're owed in two years time than they are now?
tomski Posted July 25, 2019 Posted July 25, 2019 1 hour ago, Casino said: whens the rugby? Worst post on here😂
HomerJay Posted July 25, 2019 Posted July 25, 2019 sorry, i have no sympathy for footballers. and i am usually protective of the abuse they get. but as far as finances go, they have more protection than anyone in this situation/ dont like it. leave. otherwise, fucking get on with it.
Guest Posted July 25, 2019 Posted July 25, 2019 9 minutes ago, Sluffy said: You don't know of any other practical alternatives for the position we find ourselves in, yet you are happy to rubbish the only possible one anyone has come up with so far? Ok. We'll find out soon enough. PS the EFL already KNOW that FV's plan includes the ownership of the hotel. Therefore they KNOW even if they bought the club in advance (as you are suggesting) but didn't get the hotel, then they couldn't fund the season as per EFL's specific requirement for club ownership. What do you think the obvious consequences will be for FV, the club, the EFL. I don't think you've through that one through properly? Would a sensible compromise be simply to wait a couple of weeks instead to see how things actually pan out? It would to me. Wow - no need for aggression. I think delaying our fixtures for a period of time nobody can conclusively determine would be something questioned across football. It wouldn't be easy for the EFL. They may choose to do it I agree. It just looks difficult for them to justify it right now. Perhaps I'm wrong.
tomski Posted July 25, 2019 Posted July 25, 2019 3 minutes ago, HomerJay said: sorry, i have no sympathy for footballers. and i am usually protective of the abuse they get. but as far as finances go, they have more protection than anyone in this situation/ dont like it. leave. otherwise, fucking get on with it. If the takeover doesn’t happen who pays them?
Lt. Aldo Raine Posted July 25, 2019 Posted July 25, 2019 2 minutes ago, HomerJay said: sorry, i have no sympathy for footballers. and i am usually protective of the abuse they get. but as far as finances go, they have more protection than anyone in this situation/ dont like it. leave. otherwise, fucking get on with it. Haven't they already handed their notices in but the administrators have refused to let them go? I don't know on what legal basis they can refuse but that's what's been reported.
HomerJay Posted July 25, 2019 Posted July 25, 2019 Just now, tomski said: If the takeover doesn’t happen who pays them? PFA, EFL ? honestly dont care... the club is bigger than any problem they have more chance of being paid that all those unsecured creditors. also more chance than any other employee in any other line of work.
Lt. Aldo Raine Posted July 25, 2019 Posted July 25, 2019 1 minute ago, HomerJay said: PFA, EFL ? honestly dont care... the club is bigger than any problem they have more chance of being paid that all those unsecured creditors. also more chance than any other employee in any other line of work. They won't get a penny if we're liquidated.
tomski Posted July 25, 2019 Posted July 25, 2019 Just now, HomerJay said: PFA, EFL ? honestly dont care... the club is bigger than any problem they have more chance of being paid that all those unsecured creditors. also more chance than any other employee in any other line of work. So it’s not a given they will be paid then? Im amazed anyone thinks they should rock up and get on with it after 5 months? i certainly wouldn’t.
MickyD Posted July 25, 2019 Posted July 25, 2019 8 hours ago, Chris Custodiet said: Its a shame there aren't enough vowels to come up with a good acronym to include Maguire and Conn with FIBS (maybe McFibs) but they all seem to share the same attitudes and predispositions. Financiers? Gumbo! Is one, strangely.
Tombwfc Posted July 25, 2019 Posted July 25, 2019 1 minute ago, tomski said: If the takeover doesn’t happen who pays them? And if it does happen because they decide to defer what they're owed for two years, what does Clayton Donaldson do in 2021 when we're no longer in administration but telling him he can go fuck himself? They're only protected if they choose to enforce that protection.
Guest Posted July 25, 2019 Posted July 25, 2019 2 minutes ago, HomerJay said: PFA, EFL ? honestly dont care... the club is bigger than any problem they have more chance of being paid that all those unsecured creditors. also more chance than any other employee in any other line of work. The PFA have said they can offer loans but cannot underwrite the wages owed...I don't think anyone is getting that money if not from us. And the survival of the club is critical but when players who are still here have been told for weeks on end you'll be paid soon, paid soon, paid soon and months on a week till season starts are still unpaid - I think its reasonable for them to be fed up.
Zico Posted July 25, 2019 Posted July 25, 2019 7 minutes ago, HomerJay said: sorry, i have no sympathy for footballers. and i am usually protective of the abuse they get. PL millionaires no Lower league lads on 1-2k or less a week, yes, many won't have a massive amount to fall back on, especially the younger ones Off top of my head probably only wheater in the side last season who will have made millions out of football
HomerJay Posted July 25, 2019 Posted July 25, 2019 1 minute ago, tomski said: So it’s not a given they will be paid then? Im amazed anyone thinks they should rock up and get on with it after 5 months? i certainly wouldn’t. me neither, id have fucked off. i certainly wouldnt moan all over social media. and those players who have kept the head down and dealt with it. fair play to them. thats different.
tomski Posted July 25, 2019 Posted July 25, 2019 1 minute ago, HomerJay said: me neither, id have fucked off. i certainly wouldnt moan all over social media. and those players who have kept the head down and dealt with it. fair play to them. thats different. I agree about social media but that’s more because I can’t be arsed saying much other than on here. It just seems a bit mad to have a pop at those not turning in. The club have shit on them whether we agree they are worth it or not
HomerJay Posted July 25, 2019 Posted July 25, 2019 1 minute ago, tomski said: I agree about social media but that’s more because I can’t be arsed saying much other than on here. It just seems a bit mad to have a pop at those not turning in. The club have shit on them whether we agree they are worth it or not prob was a bit harsh. but just sick of the bullshit.
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