Boggersbelief wrote:Hipster_Nebula wrote:Administration to be confirmed this week.
No bidders have passed the fit and proper test.
NIXON.
You've just made that up pal.
Nope.
Boggersbelief wrote:Hipster_Nebula wrote:Administration to be confirmed this week.
No bidders have passed the fit and proper test.
NIXON.
You've just made that up pal.
luckyPeterpiper wrote:My feeling now is there'll be no deal at all and we'll go into administration before a buyer can be found. I don't have any facts to base that on, I'm not itk as they say but from where I sit it's becoming more and more obvious that Birch wasn't playing games when he said no one met the criteria and that the money wasn't there or proven to be available. I think (and pray that I am wrong) that we will go into administration on either Thursday or Friday.
luckyPeterpiper wrote:Boggers, you claim to be in the know every day and post your assertions that news is coming. And every day it turns out to be the faecal matter of the male bovine. Why don't you do yourself a favour and stop making yourself look like a plank with your utter garbage?
In all fairness, there isn't really anything to be positive about at this moment in time.Boggersbelief wrote:Peter, you're notorious for being a negative ninny.
luckyPeterpiper wrote:No boggers, I'm simply asking you as so many others have done to either prove you know something or stop filling this forum will junk in a bid to make yourself look important. If you want to be taken seriously or shown some respect then earn it either by saying you AREN'T in the know (which is what I believe) or provide some tangible evidence for your claims, all of which are so far proving to be utterly and totally wrong. In other words put up or shut up. I'm willing to bet I'm not the only one who thinks you really are making more and more of an idiot of yourself with your grossly inaccurate assertions about what's coming out of the club. Honestly, are you Nixon in disguise?
luckyPeterpiper wrote:Boggers, you claim to be in the know every day and post your assertions that news is coming. And every day it turns out to be the faecal matter of the male bovine.
y2johnny wrote:Can manda not trade us for bath now?
karlypants wrote:Bolton now available for £15 million according to the DM...
Prospective buyers of Bolton Wanderers can have the struggling Championship club for just £15million.
That is the amount fixed by owner Eddie Davies and Trevor Birch, the financial adviser recently installed to oversee the sale.
But Davies insists the amount must be deposited in full before he allows a change of ownership.
It costs £30million-a-year to run Bolton and lifelong supporter Davies wants to guarantee the club has enough funds to run until the end of the season – hence the demand for £15million (half-a-season) up front before he gives up control.
Beyond that, Isle of Man-based businessman Davies doesn't want any more money and is prepared to walk away having written off £185million of his personal fortune.
Birch is continuing to hold talks with interested parties that include a consortium fronted by ex-Bolton striker Dean Holdsworth, another group that includes another former player Stelios Giannakopoulos and a third set of bidders from North America.
However, nobody has yet agreed to pay the asking price in one instalment and until that happens, the club's future remains uncertain.
Davies is not putting any more of his own money in, the players have not been paid for November and held talks with the PFA about it. Administration is a last resort if a buyer can't be found quickly.
Even so, Davies' desire to leave Wanderers does seem to represent a great opportunity. Besides the club, the new owners would also get the stadium, training ground, academy and hotel.
Loyal Bolton fans will be desperate to avoid asset-strippers getting their hands on the club at a low price and using it to make profits on its property value rather than run it as a football club.
If Bolton can get through to next summer, they will be able to make big savings with high-earners like David Wheater who is on £20,000-a-week becoming out-of-contract.
It is possible they could also sell midfielder Mark Davies in January who has 18 months left on his contract and is valued at £1million.
Publicly, Birch has refused to discuss the price tag on the club, saying: 'I wouldn't want to compromise the current negotiations, but Eddie is making it very attractive.'
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