Football Ventures

[Gonk]

The last update from the BN was June 22 when they changed the name to Bolton Stadium Hotel in readiness for joining the Radisson Individuals later in the year. It had been delayed previously, my guess is it will still happen, but is probably taking a bit longer to do the refurbish before launching.

 

https://www.theboltonnews.co.uk/sport/20230823.bolton-wanderers-announce-bolton-whites-hotel-will-receive-new-name-part-rebrand/

[globaldiver]

18 minutes ago, MickyD said:

Not me either. I got this

AccessDeniedRequest has expired602023-04-13T05:26:30Z2023-04-13T08:41:49ZNTP4Q60ZQJXZDGQ2Dp/rbL95Idd/zZIP3YeWcb8moJNx3z4Vw8RYKnpgsNUwvYH+fKwl4DMrQNH8njb+nDKnVDiPyx4=

Look a couple of posts back

[Big E]

lets hope it gets the refurb it deserves and we get it back making money

[bwfc2003]

didnt latest accounts show a profit of a couple of million??

[Spider]

4 hours ago, bwfc2003 said:

didnt latest accounts show a profit of a couple of million??

Yes but Sharon spent it on Yacht accessories 

[Leyther_Matt]

22 hours ago, Leyther_Matt said:

Fairly sure there’s a Radisson sign up on the car park but could be wrong. Will check tomorrow. 

Radisson on both the sign by the roundabout and the one on entering car park A @Casino

[Casino]

11 hours ago, Leyther_Matt said:

Radisson on both the sign by the roundabout and the one on entering car park A @Casino

Ah, good stuff

Always happy to see the ben mongs proved wrong

[Mounts Kipper]

Has anyone got to the bottom of who this Swiss group of investors is? 

[BobyBrno]

10 hours ago, Casino said:

Ah, good stuff

Always happy to see the ben idiots proved wrong

I think you may have missed Leyther Matts subtle edit to your previous post. 

[DomRepWanderer]

18 hours ago, Mounts Kipper said:

Has anyone got to the bottom of who this Swiss group of investors is? 

Swiss Tony

[burnden]

23 hours ago, Mounts Kipper said:

Has anyone got to the bottom of who this Swiss group of investors is? 

BMLL Limited Switzerland i think.

[Dr. Feelgood]

23 hours ago, Mounts Kipper said:

Has anyone got to the bottom of who this Swiss group of investors is? 

Toblerone

[stevieb]

6 hours ago, DomRepWanderer said:

Swiss Tony

Investing in a football club is a lot like making love to a beautiful woman... 

[Mounts Kipper]

4 hours ago, burnden said:

BMLL Limited Switzerland i think.

BMLL Is the uk government loan.

[Dr. Feelgood]

6 minutes ago, Mounts Kipper said:

BMLL Is the uk government loan.

... to the Swiss ? 

[Mounts Kipper]

4 minutes ago, Dr. Feelgood said:

... to the Swiss ? 

It’s uk government loan which we swapped for shares. 

[Dr. Feelgood]

3 hours ago, Mounts Kipper said:

It’s uk government loan which we swapped for shares. 

So where do the Swiss come in ?

 

ps. 😉

[Mounts Kipper]

6 hours ago, Dr. Feelgood said:

So where do the Swiss come in ?

 

ps. 😉

According to Nixon BMLL is the Swiss investors via Lucock, they’ve put 4 million in and Bolton fan Riley has put in 1 million. If Bolton go up he reckons the plan is to sell the club.

Edited April 16, 2023 by Mounts Kipper

[Farnywhite]

33 minutes ago, Mounts Kipper said:

According to Nixon BMLL is the Swiss investors via Lucock, they’ve put 4 million in and Bolton fan Riley has put in 1 million. If Bolton go up he reckons the plan is to sell the club.

So looks like football ventures job is to clear the outstanding debts prior from their take over which I think they have done now . Turn the business side around to show a profit . Then it’s ripe for a takeover.

Debt free club with good facilities and big fan base should look more promising than when Eddie and Ken sold prior 

[Mounts Kipper]

Just now, Farnywhite said:

So looks like football ventures job is to clear the outstanding debts prior from their take over which I think they have done now . Turn the business side around to show a profit . Then it’s ripe for a takeover.

Debt free club with good facilities and big fan base should look more promising than when Eddie and Ken sold prior 

As long as a good owner is found I’ve no issue with that, finding a good owner is another thing. 🙏🤞

[Farnywhite]

15 minutes ago, Mounts Kipper said:

As long as a good owner is found I’ve no issue with that, finding a good owner is another thing. 🙏🤞

Probably needed though once in the championship to push to the next level . May be Sharon might be asked to stay on as chairman you never know 

[Tonge moor green jacket]

4 minutes ago, Farnywhite said:

Probably needed though once in the championship to push to the next level . May be Sharon might be asked to stay on as chairman you never know 

See, i think that's risky.

We've come from virtual oblivion in the blink of an eye, whilst in a pandemic, to be on the virge of a second promotion.

No reason that the same process can't continue to achieve positive outcomes.

I agree wholly, that Sharon staying on should allow that, but if new owners want to wang in some dosh and maybe reach the promised land in their time frame, then there may be a conflict of interest.

[Dr. Feelgood]

The next level, whilst far from beyond us, is quite a step up. Wages are, in relative terms  waaay higher. A bunch of clubs playing with parachute money. Lots of recently ex-Premiership players. That doesn't come cheap and whilst Sharon is wealthy she's not utterly loaded.

She said, in one of her interviews, that if we went up we'd need new investors. She'salso said that she'd not sell to people she didn'ttrust. I suspect she has people in mind.

[Tonge moor green jacket]

She may be building a group of investors already with that in mind.

As we are discussing elsewhere, extra money is no guarantee, and may just add extra pressure.

We've got a decent manager who has said himself that he enjoys working within a sustainable model. 

Wouldn't bother me at all if we were in the championship for a few years making gradual, but honest progression.

Still creates wealth.

[Lt. Aldo Raine]

4 hours ago, Dr. Feelgood said:

The next level, whilst far from beyond us, is quite a step up. Wages are, in relative terms  waaay higher. A bunch of clubs playing with parachute money. Lots of recently ex-Premiership players. That doesn't come cheap and whilst Sharon is wealthy she's not utterly loaded.

She said, in one of her interviews, that if we went up we'd need new investors. She'salso said that she'd not sell to people she didn'ttrust. I suspect she has people in mind.

Do we know how Luton are doing it then?

No snark, I'm genuinely interested as they're surely bucking that trend