Skip to content
View in the app

A better way to browse. Learn more.

Wanderers Ways. Neil Thompson 1961-2021

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Football Ventures

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

Edited by Mounts Kipper

  • Replies 3.3k
  • Views 377.9k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • And as we stand on the cusp of promotion to the Championship, let's not forget how far we've come. I posted this on Facebook three years ago today...

  • There was a guy at the club who was very helpful. Told him the name I was looking for and he looked through the bricks with me. As it happened, I found it myself. Don’t know his name but he was everyt

  • all these years I've been calling him Spazzy Darren, when it's actually Spazzy Darron feel bad now

Posted Images

Featured Replies

3 hours ago, Steejay said:

Bought out by Mike Ashley, now.

Not a great time for the thread to move to a new page with that post 😂.

I had to check back whilst having a minor heart attack to see you weren’t breaking some news about the club.

27 minutes ago, Eddie said:

Not a great time for the thread to move to a new page with that post 😂.

I had to check back whilst having a minor heart attack to see you weren’t breaking some news about the club.

You're not the only one!

On 30/07/2025 at 20:08, boogs said:

The one I heard/read about that, ages ago, was that they sold the training ground to the king for something like 100m, then a month later bought it back for 1m. Who knows what the actual truth is, and there will have been artistic licence used on any tale no doubt, but I'm certain there will truth in them having done something dodgy as fuck 😁

https://www.independent.co.uk/sport/football/european/eu-investigates-real-madrid-property-deal-72063.html
 

£290M basically funded the galactico era and £170M debts.

The brass neck of them to complain about City and PSG is amazing.

 

Anyway, only on here as someone in arguments about our current woes was saying you lost £11M last season and Barnsley £13M.

Havent paid attention to your finances but thought FV was a more sustainable model?

14 minutes ago, green genie said:

Havent paid attention to your finances but thought FV was a more sustainable model?

Don't mistake 'sustainable' with 'breaking even'. It means we can cope with the debt.

14 minutes ago, green genie said:

Anyway, only on here as someone in arguments about our current woes was saying you lost £11M last season and Barnsley £13M.

Havent paid attention to your finances but thought FV was a more sustainable model?

That's what FV said in the early years, but now saying it's not really possible (unless of course you are happy mid table).  I think the financial firepower of Birmingham and Wrexham changed their mind.  Still want to be well run but the Bolton News says one of the factors in recruiting Rae from you was that he can help balance the books.

The CFO was brought in from Man City with a view to creating a sustainable financial model. The reality, as FV have discovered, is that you simply cannot run sustainably whilst aiming for promotion. There is a very close correlation between wages and finishing position (last season aside). The reality for us is that we have 'failed' three times now and then have to factor in costs of replacing management teams, etc.

To run sustainably, we need more revenue. But that is finite. Hospitality is maxed out, the advertising opps are pretty maxed out. There isn't much more the club can do to generate revenue. The reality of running sustainably means investing in youth, selling them for big money. But that's riskier than selling advertising space and hospitality space.

Anyway, we are fortunate that the investors who 'support' our losses are fully invested and will stick around for a little while. And they're happy to swap investment for equity, meaning we're not saddled with huge debt. Our biggest challenge would probably come if we're not promoted by end of next season. FV will start to question their own abilities, SS will have failed twice, and investors will likely shift their focus. 

It's a big 2 years.

Interesting replies. Is the £11M loss accurate as that is the drop in revenue we’re expecting from relegation 

1 hour ago, green genie said:

Interesting replies. Is the £11M loss accurate as that is the drop in revenue we’re expecting from relegation 

It is, but the more accurate profit measure of EBITDA (which excludes accounting guff) was about a £7.7m loss. Revenue was £21.3m which considering the size of our fanbase and the commercial levers we’ve got, is amount the max I’d imagine you can generate in L1 for our (us and you) size of club.

@thebells summary is spot on. I’d be surprised if there are many, if any, clubs below the Prem that are run sustainably without profits on the sale of players. The simple fact is that ticket sales, hospitality, merchandise and every other typical revenue stream that isn’t Prem tv money, will not cover the player wages and other running costs of any football club that is trying to be even slightly competitive.

Clubs below the Prem have to generate one-off profits to bridge that gap and there is no other way for them to generate the sums of money required, other than successful trading of players. And it’s not going to change unless player wages across the globe drop, or more of the overall tv money pot is distributed down to the EFL.

2 hours ago, thebells said:

The reality for us is that we have 'failed' three times now and then have to factor in costs of replacing management teams, etc.

By this, do you mean we've failed according to our budget relative to the rest of the league or just that we've failed to get promoted?

15 minutes ago, Lt. Aldo Raine said:

By this, do you mean we've failed according to our budget relative to the rest of the league or just that we've failed to get promoted?

By failure i was referring to not getting promoted. Relative to the rest of the league, we haven't yet been a top 2 salary payer as far as i am aware so in that sense we haven't failed.

But in terms of the aims of FV and their desired outcome, it could only be viewed as failure in a binary sense. They will have been hoping IE and, now, SS can be the difference that adds 5-10% beyond wages to get us promoted.

Sorry - i know its a simple question but the answers are always more complicated.

Basically are we going bust again? 😁

It feels like they are on board with SS wanting to develop the youth.

If we have players come to us and go onto impress, Trafford, Bradley etc, we can use that to tempt more youth players, develop them and sell them on.

I can't see (for example) conway staying with us, he'll be sold on soon enough akin to George T, that in all honesty, we made a tidy profit on. 

Loan them, get them match ready, hopefully make a profit. 

However with the pulling power of bigger local rivals, we will always struggle. 

Just now, only1swanny said:

However with the pulling power of bigger local rivals, we will always struggle. 

We need to do better at attracting the lads that get dropped by City and United, like Wigan do with the Liverpool and Everton lads, that's where we can earn the income. 

Bring those lads in at 14/16/18 and give them the next step, some first team games and hope they flash enough for a Prem team to take a punt for a few mil a pop. 

24 minutes ago, meanderson93 said:

We need to do better at attracting the lads that get dropped by City and United, like Wigan do with the Liverpool and Everton lads, that's where we can earn the income. 

Bring those lads in at 14/16/18 and give them the next step, some first team games and hope they flash enough for a Prem team to take a punt for a few mil a pop. 

... and tomorrow "how to solve World hunger'. Just jolly well give the famished ones some food.

Sorted.

There is a balance to be had here.

Yes we will need to sell to make money, but that process is also there to help the club develop further on the pitch.

Yes Conway looks a real prospect, but there should be no rush to sell whilst we are looking for promotion this time.

If we succeed in that regard, and he continues to develop, then we may make a lot more on him then.

Selling for comparatively small money, early, may have the counter effect of seeing us moving backwards- we would struggle to get a quality replacement with it.

36 minutes ago, meanderson93 said:

We need to do better at attracting the lads that get dropped by City and United, like Wigan do with the Liverpool and Everton lads, that's where we can earn the income. 

Bring those lads in at 14/16/18 and give them the next step, some first team games and hope they flash enough for a Prem team to take a punt for a few mil a pop. 

Preston had a 16 year on the bench last night who was playing grass roots at my place 4 years ago. Was released by Burnley… we have Denver on the books as a 1st year scholar who was released by Utd then Burnley

3 hours ago, kent_white said:

Basically are we going bust again? 😁

Burnden Leisure shareholders = BWFC Bond Holders.  

  • Author

Latest raise of capital been released companies house. I chat GPT it and as follows:

It looks like you’ve posted an excerpt from a Statement of Capital filed at Companies House (UK) showing details of newly allotted A Ordinary shares.

 

Here’s what it’s saying in plain terms:

 

 

 

1. Two allotments of A Ordinary shares on 31 July 2025:

 

  • First allotment:
    • Number allotted: 951,063 shares
    • Nominal value per share: £1
    • Amount paid per share: £6.30873 (so above nominal value — this means there’s a share premium)
    • Total nominal value: £951,063
    • Total paid in cash: £6,000,000+ (951,063 × 6.30873 ≈ £6,000,000)
    • Amount unpaid: £0 (fully paid shares)
  •  
  • Second allotment:
    • Number allotted: 3,128,287 shares
    • Nominal value per share: £1
    • Amount paid per share: £3.56425
    • Total nominal value: £3,128,287
    • Total paid in cash: ~£11,140,000 (3,128,287 × 3.56425)
    • Amount unpaid: £0
  •  

 

 

Edited by Mounts Kipper

Image

Nixon saying Bolton land fortune in shares deal

I take it's got something to do with the above 

Edited by 1969

Sounds a bit too good to be true to me. Surely they're just covering the losses?

 

GyZiN0WXYAA3urx?format=jpg&name=900x900

Edited by Cheese

Looks like the Swiss are fully invested!!!

40 minutes ago, 1969 said:

Nixon saying Bolton land fortune in shares deal

I take it's got something to do with the above 

Yes, and perhaps explains why there is a greater focus on sustainability now.

When they first arrived, Sharon spoke about being sustainable.

Seemed to slide a little and she intimated as such during her evidence to the select committee. 

Another reason why we need to go up.

I suspect these long contracts we've offered will be on reasonable, but not massive wages, but incetivised if we do win promotion. 

May also explain why we aren't forking out big money on established names, but young ones with potential and maybe a point to prove.

Both parties win. Hopefully. 

We lost £11m last season, this £18m top-up covers that and the summer spending.

15 minutes ago, Traf said:

We lost £11m last season, this £18m top-up covers that and the summer spending.

Covers the loss and, I believe, an outstanding loan to Prescot Business Park.

This summer’s signings need to be sustainable; i.e. not crap, with some sold on for a profit, in time. A considerable portion of transfer fees was funded through sales: Collins, Thomason, Lolos.

Edited by Rival Son

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

Important Information

By using this site, you agree to our Terms of Use.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.