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Wanderers Ways. Neil Thompson 1961-2021

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Football Ventures

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

Edited by Mounts Kipper

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11 minutes ago, meanderson93 said:

I assumed you'd meant a home she had up here. Not sure how selling a house 200 miles away would be relevant to her interest or ability to run BWFC. If anything, you could suggest she might be moving closer.

You might well be right.

The thought simply occurred to me that Sharon, now nearing 60th birthday, looking to move house at exactly the same time that FV have drawn a line under previous share holdings and start afresh, as well as Sharon achieving her stated aim of getting us promoted, (and she said when she took us over that her plan was only to be here for three years) would all seem to present a perfect time for stepping back (or fully away) from the club and go put her feet up and live on a Caribbean island or whatever she would like to do.

I'm not saying she will do so, merely that if it was in her mind to do so, now would be the perfect time to do it.

Wouldn't you agree?

She could buy her own Sun drenched island if she's cracks on for another few seasons and gets into the Premier League.

She didn't sound like she was ready to back away after play off final.

The yanks are coming

2 hours ago, Sluffy said:

Her family home in Buckinghamshire.

she has a House in Westhoughton

up here

2 minutes ago, little whitt said:

she has a House in Westhoughton

up here

Do you mean up Ear?

Thank you, I didn't know but fully expected that she had some sort of residence in the area (bought or rented) by now being nearly seven years on from when she bought the club.

Obviously I've no idea what her plans may be but it just seemed her original intention was to get us into the Championship (and presumably leave us in the hands of a new decent owner, to then take us further).

If so she's just achieved that, the Swiss seem to have the financial wherewithal to fund us in the Championship (I believe they've probably just put £18m into the club despite what Iles is reporting - and that the new documents at Companies House are basically squaring off all the previous shareholders and starting afresh with the Swiss becoming the new owners (unless Sharon, James, etc partake and reinvest into the £18m new investment also).

I might well be wrong about Sharon but it would be the most perfect timing for her to bow out at the very top, if she chose to - would it not?

As for the accounts, again I could be wrong but clearly based on the previous information filed at CH you can't reduce the last reported Capital amount of £12m down to £18m - something, somewhere isn't right I would strongly suggest.

59 minutes ago, W.cramp said:

The yanks are coming

This, or something like it. Sharon has said they'll need more funds to compete in the championship so surely it's more likely more investment/funds to give us a chance of staying (or going) up!

41 minutes ago, Sluffy said:

Do you mean up Ear?

Thank you, I didn't know but fully expected that she had some sort of residence in the area (bought or rented) by now being nearly seven years on from when she bought the club.

Obviously I've no idea what her plans may be but it just seemed her original intention was to get us into the Championship (and presumably leave us in the hands of a new decent owner, to then take us further).

If so she's just achieved that, the Swiss seem to have the financial wherewithal to fund us in the Championship (I believe they've probably just put £18m into the club despite what Iles is reporting - and that the new documents at Companies House are basically squaring off all the previous shareholders and starting afresh with the Swiss becoming the new owners (unless Sharon, James, etc partake and reinvest into the £18m new investment also).

I might well be wrong about Sharon but it would be the most perfect timing for her to bow out at the very top, if she chose to - would it not?

As for the accounts, again I could be wrong but clearly based on the previous information filed at CH you can't reduce the last reported Capital amount of £12m down to £18m - something, somewhere isn't right I would strongly suggest.

I see the document have been posted on companies house now. Does this change your opinion on what this all could be? Or still on the same thoughts as you posted yesterday?

Edited by Jcookie

As a financially illiterate I appreciate the explanations and speculation Sluffy

1 hour ago, Sluffy said:

Do you mean up Ear?

Thank you, I didn't know but fully expected that she had some sort of residence in the area (bought or rented) by now being nearly seven years on from when she bought the club.

Obviously I've no idea what her plans may be but it just seemed her original intention was to get us into the Championship (and presumably leave us in the hands of a new decent owner, to then take us further).

If so she's just achieved that, the Swiss seem to have the financial wherewithal to fund us in the Championship (I believe they've probably just put £18m into the club despite what Iles is reporting - and that the new documents at Companies House are basically squaring off all the previous shareholders and starting afresh with the Swiss becoming the new owners (unless Sharon, James, etc partake and reinvest into the £18m new investment also).

I might well be wrong about Sharon but it would be the most perfect timing for her to bow out at the very top, if she chose to - would it not?

As for the accounts, again I could be wrong but clearly based on the previous information filed at CH you can't reduce the last reported Capital amount of £12m down to £18m - something, somewhere isn't right I would strongly suggest.

Your ambition is far too low!

Look what happened when P. Gartside tried to fine-tune the clubs ambition!

13 minutes ago, Jcookie said:

I see the document have been posted on companies house now. Does this change your opinion on what this all could be? Or still on the same thoughts as you posted yesterday?

Thank you and yes it does.

As follows - there is NO new investment of £18m into FV

All the paper work is mainly about correcting the previous Statement of capital following an allotment of shares on 1 August 2025

  • GBP 11,987,921

This statement did include notification of 5,932,940 C Shares being issued BUT valued them as just £1 (a single pound) as Share Capital as evidenced in the previous Statement of capital following an allotment of shares on 31 July 2025

  • GBP 11,987,920

The new (revised) Statement of capital on 22 July 2026

  • GBP 17,946,440

Being the 11,987,920 shown correctly on 31 July 2025 plus the 5,932,940 C Shares issued with wrongly stated Share Capital on the 1 August 2025.

You will note those two amounts actually add up to 17,920,860., so why the difference?

Well I noted a few years back that FV had made a similar error on a previous Statement of Capital, and never corrected it.

Following another allotment of shares (they just amended the next share issue to show the correct total moving forwards) - and this too has been addressed now as well via the Resolution of reduction in issue shares capital, where it states that Share Capital has been reduced from 18,008,690 (It has never been this amount) to 17,946,440 being the true figure.

Fwiw I still stand by my view that FV has only circa £5m of capital left in the club and that it would be in FV's own interest to invest as much as it can into equity before the end of this years accounts (next week) 30 June 2026 as from 1 July on wards they are effective capped under the new Squad Cost Rules - maybe all the flurry of getting the paperwork in order is a prelude to that?

53 minutes ago, pfk505 said:

As a financially illiterate I appreciate the explanations and speculation Sluffy

Thank you, much appreciated.

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