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Bolton Latest Announcement (4 Viewers)

  • Thread starter Nick
  • Start date Aug 19, 2019
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fernandopartridge

Well-Known Member
  • Aug 27, 2019
  • #106
Sky_Blue_Dreamer said:
Agree entirely with this point. Having the football creditors rule exacerbates rash spending on transfers because they have a level of indemnity. I'm not sure how a governing bodies laws can supercede the laws of the land.

Imagine if say the pork industry demanded that all suppliers of pigs should be paid first? Wouldn't stand up in court for a moment.

Do you know if HMRC or anyone has ever challenged the football creditors rule, and if so what reasoning was given for it being allowed (I assume they'd have lost seeing as the rule is still in place)?
Click to expand...

HMRC challenges it every time doesn't it?
 

Grendel

Well-Known Member
  • Aug 27, 2019
  • #107
fernandopartridge said:
HMRC challenges it every time doesn't it?
Click to expand...

Yes it does
 

skyblueinBaku

Well-Known Member
  • Aug 27, 2019
  • #108
Nick said:
You can see it walking up to the ground, there are pubs that are full of city fans. Burger vans out making money around the ground as well. I can't remember the last time I saw a burger van anywhere near the Ricoh on a matchday, it was a good few years ago.

There's the bar at the ground by the entrance and then the kiosks inside the ground.

The local pubs there actually seem to be going out of their way to make an effort and get city fans in there, putting DJs on etc and trying to get people in there spending money.

The fact there isn't a parking ban on matchdays also makes a fair bit of difference.
Click to expand...
There is a burger van outside Tesco on match days. It sells burgers, hot dogs, jacket potatoes etc, all at prices well below Ricoh prices and much better quality, too.
 

Sky_Blue_Dreamer

Well-Known Member
  • Aug 27, 2019
  • #109
skyblueindorset said:
There is a burger van outside Tesco on match days. It sells burgers, hot dogs, jacket potatoes etc, all at prices well below Ricoh prices and much better quality, too.
Click to expand...

Does this site have things like Facebook or Twitter with ads? Do you have an interest in it.

To be honest I used to get my pre-match snack from that van as it was much cheaper (and often quicker) than in the stadium.
 

skyblueinBaku

Well-Known Member
  • Aug 28, 2019
  • #110
Sky_Blue_Dreamer said:
Does this site have things like Facebook or Twitter with ads? Do you have an interest in it.

To be honest I used to get my pre-match snack from that van as it was much cheaper (and often quicker) than in the stadium.
Click to expand...
I don't know if this van features on FB or Twitter. I don't have an interest in it. I just go there when I'm at the Ricoh because the food is better, cheaper and, as you say, the service is quicker than inside the stadium.
 

Nick

Administrator
  • Aug 28, 2019
  • #111
skyblueindorset said:
There is a burger van outside Tesco on match days. It sells burgers, hot dogs, jacket potatoes etc, all at prices well below Ricoh prices and much better quality, too.
Click to expand...
It's there all the time I think?
 
O

oldfiver

Well-Known Member
  • Aug 28, 2019
  • #112
Bolton liquidation ‘put on hold’

Bolton Wanderers
Sport
August 28 2019
  • Neil Hodgson
Write a comment

Bolton Wanderers confirmed this morning that “any plans that may have been made for the immediate closure of the club have been put on hold”.

Reports claimed that joint administrator Paul Appleton told club staff earlier today in an internal message that “any plans that may have been made for the immediate closure of the club have been put on hold” due to negotiations with preferred bidder Football Ventures continuing.

He had warned over the Bank Holiday weekend that administrators would start the process to close the business from today, and put Bolton Wanderers into liquidation, if they were unable to conclude a sale by yesterday’s 5pm deadline, imposed by the English Football League (EFL).

Administrators said that “the club is currently not in a position to carry on trading”.

Closure of the club could result in the loss of more than 150 jobs.

Failure to get all parties to the takeover deal to agree led to Bolton missing yesterday’s deadline.

But this morning the administrators sought to reassure staff that closure plans are, for the time being, on hold.

Last night the EFL announced it had given Bolton two weeks to either conclude a deal, or prove it had the necessary finances to continue its 2019-20 League One season.

Failure to do so would result in the club losing its Football League status, which is the fate that befell neighbours Bury FC last night after it failed to get a takeover deal over the line.
 

fernandopartridge

Well-Known Member
  • Aug 28, 2019
  • #113
Bolton takeover by Football Ventures has been completed.
 
Reactions: Nick

ccfc92

Well-Known Member
  • Aug 28, 2019
  • #114
fernandopartridge said:
Bolton takeover by Football Ventures has been completed.
Click to expand...

I am pleased for them and hope it saves them from going under, but I think the postponing a game to protect their "young players" took the piss a bit.
 
Reactions: Terry Gibson's perm
B

Brighton Sky Blue

Well-Known Member
  • Aug 28, 2019
  • #115
White knight arrives #46788854268
 

LastGarrison

Well-Known Member
  • Aug 28, 2019
  • #116
I know fuck all about who they are but am I wrong to be instantly suspicious of any company that calls itself ‘Football Ventures’?
 

Otis

Well-Known Member
  • Aug 28, 2019
  • #117
LastGarrison said:
I know fuck all about who they are but am I wrong to be instantly suspicious of any company that calls itself ‘Football Ventures’?
Click to expand...
Better than Football Vultures I suppose.
 
Reactions: Gazolba and CanadianCCFC

Sky_Blue_Dreamer

Well-Known Member
  • Aug 28, 2019
  • #118
Brighton Sky Blue said:
White knight arrives #46788854268
Click to expand...

Racist
 

Nick

Administrator
  • Aug 29, 2019
  • #119
Will the efl give them special treatment to sign players outside the window too or will they make them wait until January?

Did they ever punish them for calling a game off because the kids were tired?

There's going to be a fair bit of presidence set I think.
 

Terry Gibson's perm

Well-Known Member
  • Aug 29, 2019
  • #120
Nick said:
Will the efl give them special treatment to sign players outside the window too or will they make them wait until January?

Did they ever punish them for calling a game off because the kids were tired?

There's going to be a fair bit of presidence set I think.
Click to expand...


Can you still sign free agents as there will be loads did those floating about
 

Nick

Administrator
  • Aug 29, 2019
  • #121
Terry Gibson's perm said:
Can you still sign free agents as there will be loads did those floating about
Click to expand...

Yeah if they are made free agents before the window closes.

Guess they could sign them all on short term deals to get them through.
 

MusicDating

Euro 2016 Prediction League Champion!!
  • Aug 29, 2019
  • #122
oldskyblue58 said:
Feel sorry for the Bolton and Bury fans there but for the grace of god could have been us

However I dont agree that a football club should be a special case when it comes to running a failing business. Cant think of any other failing companies who can circumvent paying its creditors by invoking something like the football creditors rules. That rule should not exist and as harsh as it sounds football needs a shake up where some more clubs go bust. Fans go on about their football community being destroyed but what about the smaller businesses these poorly run clubs send to the wall, the livelihoods ruined by these football ego trips etc. There is no reason for football creditors rule other than inept rank poor governance and dismal clueless management of clubs. At some point the football authorities need to bite the bullet and properly sort the whole house of cards out
Click to expand...
HMRC FC 1 v 0 Football Creditors FC | Morton Fraser Lawyers Any admins post-April 2020 will be interesting...
 

ccfc92

Well-Known Member
  • Sep 3, 2019
  • #123
Bolton's owner taken out a £40million loan to be repaid in 3 years....

 

Terry Gibson's perm

Well-Known Member
  • Sep 3, 2019
  • #124
ccfc92 said:
Bolton's owner taken out a £40million loan to be repaid in 3 years....

Click to expand...


Truly amazing how do they expect to repay it?
 

Manchester_sky_blue

Well-Known Member
  • Sep 3, 2019
  • #125
Terry Gibson's perm said:
Truly amazing how do they expect to repay it?
Click to expand...
By selling the stadium? Just a thought......
 

fernandopartridge

Well-Known Member
  • Sep 3, 2019
  • #126
I see Bolton's array of signings look like players on the way down from the Championship, no doubt all on high wages. I really don't think the future is bright for Bolton, rinse and repeat.
 
Reactions: no_loyalty and ccfc92

Manchester_sky_blue

Well-Known Member
  • Sep 3, 2019
  • #127
fernandopartridge said:
I see Bolton's array of signings look like players on the way down from the Championship, no doubt all on high wages. I really don't think the future is bright for Bolton, rinse and repeat.
Click to expand...
Most of them are only on loan or short term contracts until January. Think it was just a case of who was available and willing to sign. Not a big pool to pick from.

I still rate Keith Hill as a manager though, think he is as his best when given no money to spend and he knows how to hold his own in league 2 so could be a smart appointment to steady the ship.
 
D

Deleted member 5849

Guest
  • Sep 3, 2019
  • #128
Manchester_sky_blue said:
I still rate Keith Hill as a manager though
Click to expand...
He did superbly with Rochdale.

You'd hope he'd get next season as well mind you, as it's not the best job in the world as it stands!
 

Manchester_sky_blue

Well-Known Member
  • Sep 3, 2019
  • #129
Deleted member 5849 said:
He did superbly with Rochdale.

You'd hope he'd get next season as well mind you, as it's not the best job in the world as it stands!
Click to expand...
I watched Rochdale a lot during the Keith Hill years and it was for the most part good entertaining football and he certainly had a knack of picking up either non League gems or players from divisions above who's career had stalled for whatever reason and managed to get the best out of them.
 

Nick

Administrator
  • Nov 21, 2019
  • #130
So they get a suspended point deduction because they didn't fancy playing a game.

Dangerously soft punishment
 
Reactions: ccfc92, Skybluemichael and Frostie

Terry Gibson's perm

Well-Known Member
  • Nov 21, 2019
  • #131
Nick said:
So they get a suspended point deduction because they didn't fancy playing a game.

Dangerously soft punishment
Click to expand...


Whoever they were supposed to play on that day should have to face the youth team that they were playing at the time.
 
Reactions: ccfc92

Sky_Blue_Dreamer

Well-Known Member
  • Nov 21, 2019
  • #132
Terry Gibson's perm said:
Whoever they were supposed to play on that day should have to face the youth team that they were playing at the time.
Click to expand...

Or at the very least not allow anyone not registered with the club on the day of the original game to play.
 
Reactions: ccfchoi87, ccfc92, Terry Gibson's perm and 1 other person

chiefdave

Well-Known Member
  • Nov 21, 2019
  • #133
Good news really. Next time we’ve got injury problems we can just refuse to play and there will be no punishment.
 
Reactions: ccfchoi87, Covstu, ccfc92 and 1 other person

CanadianCCFC

Well-Known Member
  • Nov 21, 2019
  • #134
Sky_Blue_Dreamer said:
Or at the very least not allow anyone not registered with the club on the day of the original game to play.
Click to expand...
That’s exactly what should happen
 

ccfc92

Well-Known Member
  • Nov 22, 2019
  • #135
chiefdave said:
Good news really. Next time we’ve got injury problems we can just refuse to play and there will be no punishment.
Click to expand...

That's exactly what has been opened up.

"protecting their young players"

Fucking joke. I had sympathy for their issues, but they manipulated it perfectly to gain an advantage.
 
Reactions: Terry Gibson's perm

Covstu

Well-Known Member
  • Nov 22, 2019
  • #136
It’s nonsense and opens up for abuse down the line. They showed no sympathy to clubs hitting the wall and creates more inconsistency is decisions.
 

skybluegod

Well-Known Member
  • Nov 22, 2019
  • #137
I think the punishment is fair.

The EFL has decided to appeal today, saying it's too lenient. I think it's completely fair taking into account the circumstances.

At the end of the day it was the EFL who failed Bolton. Their financial problems have been known for the best part of a decade. But they let it spiral and then allowed a clearly unfit owner to take over AGAIN.

Yes what Bolton did was wrong, but sending out a team to get spanked 5-0 every week, isn't exactly fair.
 

Nick

Administrator
  • Nov 22, 2019
  • #138
It's not really fair though as it sets an example to other clubs that they can just not bother with a match if they don't feel like it and will just get a suspended points deduction.

Was it fair on other clubs when Bolton were spending shit loads of money they didn't have? With Bury, was it fair on the other teams in League 2 who didn't get promoted?
 
Reactions: robbiekeane, CanadianCCFC, Sky_Blue_Dreamer and 1 other person

chiefdave

Well-Known Member
  • Nov 22, 2019
  • #139
Nick said:
It's not really fair though as it sets an example to other clubs that they can just not bother with a match if they don't feel like it and will just get a suspended points deduction.
Click to expand...
What about when we had a load of players away on international duty, Armstrong etc, and were told the match couldn't be postponed. If that happens in future just refuse to play and the game will be rearranged.
 
Reactions: Terry Gibson's perm, Sky_Blue_Dreamer and ccfc92

ccfc92

Well-Known Member
  • Nov 22, 2019
  • #140
skybluegod said:
I think the punishment is fair.

The EFL has decided to appeal today, saying it's too lenient. I think it's completely fair taking into account the circumstances.

At the end of the day it was the EFL who failed Bolton. Their financial problems have been known for the best part of a decade. But they let it spiral and then allowed a clearly unfit owner to take over AGAIN.

Yes what Bolton did was wrong, but sending out a team to get spanked 5-0 every week, isn't exactly fair.
Click to expand...

Yes it is. The majority of the players were 18+, only 4 were 17 who started against us.

They made out they were playing their u12's.
 
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