2 million cash pumped into the business in return for shares. Reported at companies house.

Edited December 6, 20214 yr by Mounts Kipper

3 minutes ago, Sluffy said:

Well we didn't really, it was one hell of a complicated Administration process.

What should have happened was Eddie Davies Estate as creditor should have appointed the Administrator for what it had security over (the club) which indeed it did and PBP (Mike James) do the same for the Hotel (which it had as security against the loan it had given and which was still outstanding) - and both appoint the same Administration company.

But for reasons not known to me, PBP did not and Inner Circle (Ken Anderson) did (as the owner of club and hotel) and appointed a different Administration company.

Whether that was done on friendly terms or not I've no idea but the result meant one side could not move forward without the other because FV wanted to buy the stadium (thus needed the hotel) and Anderson's Administrator was legally required to get the best price for the hotel in order to pay the creditors in full (or as much as possible from liquidation).

If that wasn't bad enough both Eddie Davies Estate and Ken Anderson claimed as creditors to the club (Eddie Davies Estate appointed Administrator), that they had both secured the loan from Eddie Davies to Ken Anderson for the money to settle Holdsworth loan from Blue Marble on the club (which one or the other could do but not the both of them together)

Eventually that was ironed out, then completely out of the blue Bassini claimed he had bought Anderson's Inner Circle company and that then had to be resolved (he had not at that time but went on to own the company the following year and after the sale had gone through to FV.  The Administrtors then having to take legal indemnity from any future Bassini claims in order to proceed with the sale to FV.

It certainly wasn't the easiest purchase that anyone could make and no one would have blamed FV from walking away and buying the next club that came on the market.

I'm sure Sharon and her investors could easily have found club ownership and 'great opportunity' elsewhere if she had chosen to walk but the promise to here sister and the calling of God (if you believe in such things) bound her to BWFC.

And thank goodness it did.

I tend to think her initial plan whatever it was has since changed based on 'the Swiss' being later investors into FV, and that she initially stated that her plan was just for three years.

I'm of the opinion that FV (including Ben Luckock and all at Trafigura) are now here for the long run and maybe they have dreams of seeing us in the PL, and I don't such dream would be impossible to achieve if all continues to go well for them.

Let's hope it does.

You were dying to get that out, weren’t you? 😂

About a 1% relevance to TMGJ’s post and you were on it in a flash. 

No I wasn't.

I was merely pointing out that the sale was extremely difficult and that her word to her sister and and her belief in God was enough for her to see it through.

I very much doubt anyone else would have.

 

You're free to believe whatever you want though.

Edited June 1Jun 1 by Sluffy
typo

I believe it's Allah rather than God in this case, not that it really matters

Edited June 1Jun 1 by jmjhb

15 minutes ago, jmjhb said:

It's Allah rather than God in this case, not that it really matters

Tgere'll be a few hit hard by cognitive dissonance when they find out Sharon's Muslim

11 minutes ago, jmjhb said:

It's Allah rather than God in this case, not that it really matters

I'm not religious but I wouldn't want to offend anyone so apologise if I may have done so without meaning to.

I looked up if it is Allah or God and it seems that it is one and the same meaning according to the link below -

Allah is the Arabic term for the singular, all-powerful God in Islam, deriving from the phrase al-ilah, meaning "the one God." Unlike many deities in polytheistic religions, Allah is understood in Islam as the sole entity deserving of worship, and Arabic-speaking Jews and Christians also use this term to refer to God. In Islamic belief, Allah is seen as the same God worshipped by Jews and Christians, although the three religions differ in practices and interpretations.

Allah (deity) | Ethnic and Cultural Studies | Research Starters | EBSCO Research

 

1 minute ago, Sluffy said:

I'm not religious but I wouldn't want to offend anyone so apologise if I may have done so without meaning to.

I looked up if it is Allah or God and it seems that it is one and the same meaning according to the link below -

Allah is the Arabic term for the singular, all-powerful God in Islam, deriving from the phrase al-ilah, meaning "the one God." Unlike many deities in polytheistic religions, Allah is understood in Islam as the sole entity deserving of worship, and Arabic-speaking Jews and Christians also use this term to refer to God. In Islamic belief, Allah is seen as the same God worshipped by Jews and Christians, although the three religions differ in practices and interpretations.

Allah (deity) | Ethnic and Cultural Studies | Research Starters | EBSCO Research

 

Yeah, I've always understood it to basically be the Arabic word for God too

2 minutes ago, Lt. Aldo Raine said:

Yeah, I've always understood it to basically be the Arabic word for God too

It would also explain why Sharon used the word 'God' during her interview.

2 hours ago, Sluffy said:

What should have happened was Eddie Davies Estate as creditor should have appointed the Administrator for what it had security over (the club) which indeed it did and PBP (Mike James) do the same for the Hotel (which it had as security against the loan it had given and which was still outstanding) - and both appoint the same Administration company.

But for reasons not known to me, PBP did not and Inner Circle (Ken Anderson) did (as the owner of club and hotel) and appointed a different Administration company.

I don’t think Michael James could do this. He did not have security over club assets; he had bought them outright, with the club no longer owning them.

As a result, going into partnership with Michael and bringing these assets back into club ownership, with Michael now being a significant shareholder in FV, was a critical part of Sharon’s takeover work.

She needed to convince Michael that she wasn’t just another Ken Anderson, and agree a fair shareholder value.

Edited June 1Jun 1 by Rival Son

1 hour ago, Sluffy said:

No I wasn't.

I was merely pointing out that the sale was extremely difficult and that her word to her sister and and her belief in God was enough for her to see it through.

I very much doubt anyone else would have.

 

You're free to believe whatever you want though.

No one said it was easy.

She did however categorically state she wanted to run a club, and that we were a great opportunity. 

Clearly a lot to do, but she went through the initial stages and stuck with it.

I suspect she would have done so even without her sister's situation. 

15 minutes ago, Tonge moor green jacket said:

No one said it was easy.

She did however categorically state she wanted to run a club, and that we were a great opportunity. 

Clearly a lot to do, but she went through the initial stages and stuck with it.

I suspect she would have done so even without her sister's situation. 

You would be wrong then,

It isn't what she said in her Cowgills Interview from a few years back (see from about 19 minutes in).

Interestingly in the interview (from about 17 minutes in) she mentions three reason's why she bought the club (her father worked at Burnley FC, promise to her dying sister and wanting to run a club ethically) she never mentions God - not that it means anything, I'm not making any issue out of it before anyone starts.

One other thing I missed from the interview the first time around, is that she has four children (see around the 37 minute mark).

 

40 minutes ago, Sluffy said:

One other thing I missed from the interview the first time around, is that she has four children (see around the 37 minute mark).

What the fuck has that got to do with anything?

Nothing at all but then again I never said it had, did I?

It was just something that caught my attention that I missed first time around.

I thought she only had the two sons so was surprised when she told the interviewer that she was the mother of four.

I wasn't making anything of it.

6 hours ago, Rival Son said:

I don’t think Michael James could do this. He did not have security over club assets; he had bought them outright, with the club no longer owning them.

As a result, going into partnership with Michael and bringing these assets back into club ownership, with Michael now being a significant shareholder in FV, was a critical part of her Sharon’s takeover work.

She needed to convince Michael that she wasn’t just another Ken Anderson, and agree a fair shareholder value.

It's not quite like that.

Prescot Business Park held a charge for a loan issued to Bolton Wanderers Football and Athletic Club Ltd (the equivalent if you like of FVWL Football Ltd is now under FV) this loan was still outstanding at the time of the Administration.

The loan was made on the 29th January, 2016

I actually thought the charge related to the hotel but on looking further at the charge it was set against 5,805,500 £1 shares in BWFAC Ltd. (the value of the loan was shown to be £5.5m)

As a secured creditor PBP did have the right to appoint an Administrator.

The debt was settled by the Administrator and all relevant parties with FV taking on the debt with the value being the same as the debt owed to BWFAC Ltd but this time secured against the hotel.

So you are correct in part of what you say namely PBP could not appoint an Administrator for the hotel because PBP's charge was specific to the football club.  However you were mistaken about PBP (Mike James) having ever taken ownership of any assets - this is all about a loan (secured on the assets of a company) that fell into Administration and that of the entity (FV) that bought the companies assets from the Administrator with all parties agreeing settlement of PBP's loan in BWFAC Ltd by taking the same value of loan in FVWL Hotel Ltd which was created as security on the 28th August 2019,

I have no idea why Eddie Davies Trust did not appoint the Administrator for everything (club and hotel) - I assumed wrongly that the hotel was left for PBP to appoint the same Administrator as Eddie Davies Trust - but presumably it was done deliberately to allow Inner Circle (Ken Anderson) to appoint an Administrator in his own right as owner and that he too had a charge against BWFAC Ltd.

 

The PBP loan was still outstanding as at the time of the last accounts 30th June 2025.

It is very complicated to follow and do I hope what I've wrote above made sense to you?

Edited June 2Jun 2 by Sluffy
to corrected a mistake

To add to my post above, the following is a link to the Companies House records for Bolton Wanderers Football and Athletic Club Ltd (which changed its name to 'Bolton 2019 whilst under Administration).

Under the Sub Heading of of 'Charges' (which simply means 'creditor loans secured against the clubs assets) you will find a total of 61 Charges registered against the company during its existence 16 Jan 1895 - 10 Jan 2020, with 9 Charges Outstanding when the company entered Administration.

Of these 9 Charges, 5 were to Moonshift Investments Limited (Eddie Davies company) and 1 each to Kenneth Anderson, Prescot Business Park Limited, William Brett Warburton and Barclays Bank PLC.

Meaning that the PBP loan was a creditor and was entitled to put the club into Administration from the point that its loan was defaulted on.

BWFC2019 LIMITED overview - Find and update company information - GOV.UK

 

 

4 minutes ago, RoadRunnerFan said:

"Trafigura traders are sharing a record £2.3billion half-year dividend payout after the commodities firm reported bumper profits and eyed increasing demand amid disruption caused by the Iran war.

The windfall, distributed to more than 1,400 senior employees who are shareholders in the group, was more than the payout for the whole of the previous year."

🤔 Now what to spend it on?

Anticipate second order consequences and buy shares in Fannies

Few people getting upset that the Clubs put a PRIDE message out on facebook...

Showing the worst of our fans in the comments section

14 hours ago, only1swanny said:

Few people getting upset that the Clubs put a PRIDE message out on facebook...

Showing the worst of our fans in the comments section

I don’t think the club should be putting out political views but I have no problem if the individual owners want to express their own opinion.

13 minutes ago, Whitesince63 said:

I don’t think the club should be putting out political views but I have no problem if the individual owners want to express their own opinion.

is being a bummer political?

2 minutes ago, L/H White said:

is being a bummer political?

no its not. the fact that it upsets weirdo's is the reason it needs to be done.

1 hour ago, Whitesince63 said:

I don’t think the club should be putting out political views but I have no problem if the individual owners want to express their own opinion.

It's not political, it's just a statement that we show respect to everyone regardless of their gender, sexuality, ethnicity , religion , age , disability . I see nothing wrong with that , I applaud it .

1 hour ago, Nottm_Wanderer said:

It's not political, it's just a statement that we show respect to everyone regardless of their gender, sexuality, ethnicity , religion , age , disability . I see nothing wrong with that , I applaud it .

Especially given Sharon's pre-match 'don't be a dick' announcement, messages for all communities within the BWFC family are to be expected and encouraged.

And the comments that crop up on club posts about these topics show that these messages are still important.

1 hour ago, frank_spencer said:

Especially given Sharon's pre-match 'don't be a dick' announcement,

The message didn't get through to Bolty unfortunately...

4 hours ago, bolty58 said:

Fuck off.

...or Athy White

On 09/06/2026 at 14:17, athywhite1958 said:

Do you have to make every post so long, they get very tedious you boring cnut

Love you both back. x

All this slander I wont stand for , Ill have to sit . I cant type stood up anyway .

Sharon is wonderful and this opinion is not affected by the fact I fancy her a bit/lot.

She is not Muslim ....how VERY dare you .

She is Christian as is Ian Evatt which maybe explains why she was slow to sack him /reject his resignation .

Her dad made his money in property (if I remember right ) , Her Grandad was a very respected call out GP around the North West and occasionally worked with my Dad in his role as a war pensioners welfare officer and both were heavily involved in the British Legion ,

She is a Burnley fan and tried to buy Burnley before Michael James talked her into buying Bolton , with a mates loan from the Pink Floyd drummer of £5 mill plus other investors including a mates loan from Warbbies.

Michael James was instrumental in the buy out of sweaty ken .

Sharrons desire to run a football club and "Do good" has been brilliant for us and the reconnection of the club and the community should never be underestimated and has followed the model by community clubs like Everton & Millwall . the gold standard for community connection .

Covid -19 was a God send for Bolton Wanderers .