Football Ventures

[Rival Son]

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 August 15, 2025 by Rival Son

[Eddie]

30 minutes ago, Traf said:

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

Closer to £8m on a cash basis, rather than £11m, but your point still stands that it needs to be covered. I’m just being a picky prick.

[tomski]

It all bodes well regardless.

[Cheese]

19 minutes ago, tomski said:

It all bodes well regardless.

Until they want their money back.

[tomski]

1 minute ago, Cheese said:

Until they want their money back.

If they’ve gone in to this as a pure investment then they’ll be in for a shock. I suspect it’s all part of the plan

[Eddie]

2 minutes ago, Cheese said:

Until they want their money back.

They can’t, it’s not debt. They either find a way to sell us or they stop covering losses and put us into admin, the latter doesn’t get their money back.

[masi 51]

6 minutes ago, Cheese said:

Until they want their money back.

Thought you was educated, the money is between them and not club debt?

[Cheese]

3 minutes ago, Eddie said:

They can’t, it’s not debt. They either find a way to sell us or they stop covering losses and put us into admin, the latter doesn’t get their money back.

Yes, that's what I mean.

[Eddie]

Just now, Cheese said:

Yes, that's what I mean.

Fair enough. Again, I’m just being a picky prick when it comes to numbers (sorry), but that doesn’t return their money which is what I thought you meant, it simply stops them ‘losing’ any more.

[Cheese]

2 minutes ago, masi 51 said:

Thought you was educated, the money is between them and not club debt?

You're talking as though they've found some magic financial loophole that means they can pump as much money as possible into the club and never lose out. Get real.

Edited August 15, 2025 by Cheese

[Big E]

1 minute ago, Cheese said:

You're talking as though they've found some magic financial loophole that means they can pump as much money as possible into the club and never lose out. Get real.

Magic beans for all 

[masi 51]

5 minutes ago, Cheese said:

You're talking as though they've found some magic financial loophole that means they can pump as much money as possible into the club and never lose out. Get real.

My magic abacas says we now have three jelly beans in the bank, instead of owing the bank 11 smarties

[Cheese]

2 minutes ago, masi 51 said:

My magic abacas says we now have three jelly beans in the bank, instead of owing the bank 11 smarties

My magic mushrooms say sinking millions into an unpredictable, loss-making business always ends in icecream and rainbows*. Happy days! 🤩

 

(*If you ignore all previous evidence and experience)

[1969]

10 minutes ago, masi 51 said:

My magic abacas says we now have three jelly beans in the bank, instead of owing the bank 11 smarties

What's that in twix's 

[Cheese]

25 minutes ago, tomski said:

If they’ve gone in to this as a pure investment then they’ll be in for a shock. I suspect it’s all part of the plan

Well I hope it fucking works, very quickly.

[masi 51]

The debt which put us in administration was debt put onto the club in loans.

This is investment by the way of shares.....Means the pie has become a lot more expensive

 

[jmjhb]

I forgot we're all ITK about the inner workings of the board and the club

[Rival Son]

2 minutes ago, jmjhb said:

I forgot we're all ITK about the inner workings of the board and the club

Course we’re not. But some of us know how a business works, have an understanding of finance and can differentiate between debt and investment.

[Traf]

1 hour ago, Eddie said:

Closer to £8m on a cash basis, rather than £11m, but your point still stands that it needs to be covered. I’m just being a picky prick.

I'll bow to your better knowledge, i was just going off

https://www.thebusinessdesk.com/northwest/news/2150122-revenues-and-crowds-up-at-bolton-wanderers-but-so-are-losses and other press reports.

[Eddie]

16 minutes ago, masi 51 said:

The debt which put us in administration was debt put onto the club in loans.

This is investment by the way of shares.....Means the pie has become a lot more expensive

 

It wasn’t. No offence but you’re so wrong.

The debt was owed to Eddie and he / his estate had no intention of calling it in and recovering it (they couldn’t).

The reason we ended up in admin was that his estate didn’t want to throw more money down the drain and cover the losses that we had every year. Eddie was happy to (to some extent), his estate wasn’t.

As soon as your only option of cash doesn’t put any more cash in, you’re in trouble. That’s how we ended up in admin. Nowt to do with paper debt that was never being recovered.

[paulhanley]

Were alright with FV in charge. Even if they get fed up and sell us I think it will be done with integrity and into the right hands. Absolutely nothing they have done over the last six years suggests otherwise.

Edited August 15, 2025 by paulhanley

[Eddie]

1 minute ago, Traf said:

I'll bow to your better knowledge, i was just going off

https://www.thebusinessdesk.com/northwest/news/2150122-revenues-and-crowds-up-at-bolton-wanderers-but-so-are-losses and other press reports.

They all quote loss after tax. It includes amortisation, depreciation and an interest charge that are accounting guff that don’t actually need covering from a cash perspective. If you’re talking the loss that would need actual cash injection to cover, it’s about £8m - but remember that was to June 2024, so this is likely completely unrelated.

[masi 51]

5 minutes ago, Eddie said:

It wasn’t. No offence but you’re so wrong.

The debt was owed to Eddie and he / his estate had no intention of calling it in and recovering it (they couldn’t).

The reason we ended up in admin was that his estate didn’t want to throw more money down the drain and cover the losses that we had every year. Eddie was happy to (to some extent), his estate wasn’t.

As soon as your only option of cash doesn’t put any more cash in, you’re in trouble. That’s how we ended up in admin. Nowt to do with paper debt that was never being recovered.

You can dress it up as you want and by the way no offence taken......Eddie had no intention of calling the debt in, but debt it was and for a period the football club got charged 10% interest on that debt, how could he call it in .....it was gone and as you say once he sadly passed the gravy train ran dry.

The 11m losses from last season have been covered with shares and if the club was sold tomorrow it would not be carrying that debt

[Big E]

Anyone else not really care? 

[Lt. Aldo Raine]

2 minutes ago, Big E said:

Anyone else not really care? 

🙋‍♂️