Get that man a big wooden spoon
For Sale: BWFC. 25 MILLION
+8
boltonbonce
Fabians Right Peg
Sluffy
Bolton Nuts
Natasha Whittam
Norpig
Leeds_Trotter
Kane57
12 posters
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22 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 14:34
Guest
Guest
Norpig wrote:Get that man a lobotomy
23 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:03
Bread2.0
Andy Walker
If the club's genuinely up for sale, why's he seen his arse and said that he's not instructed anyone to sell it then?
24 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:08
Norpig
Nat Lofthouse
I think he's more annoyed at Iles saying it's up for sale after finding the document but KA said that's just like a promotional flyer to give to interested parties and has been around for a while.
25 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:09
Guest
Guest
Ladies and gentleman. The new scott and boggers.
26 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:11
Bread2.0
Andy Walker
Norpig wrote:I think he's more annoyed at Iles saying it's up for sale after finding the document but KA said that's just like a promotional flyer to give to interested parties and has been around for a while.
It only got mailed out last week.
27 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:12
boltonbonce
Nat Lofthouse
Where is Boggers? I took a parcel in for him nine weeks ago,and it's starting to smell.
28 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:14
Norpig
Nat Lofthouse
Maybe i misunderstood then, but he did say it was merely a sort of prospectus to hand out if anyone was interested. Its hardly a secret that he would sell the club if he got a decent offer is it?
It seems like KA has more of an issue with the BN and Iles to me
It seems like KA has more of an issue with the BN and Iles to me
29 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:15
Guest
Guest
Norpig wrote:Maybe i misunderstood then, but he did say it was merely a sort of prospectus to hand out if anyone was interested. Its hardly a secret that he would sell the club if he got a decent offer is it?
It seems like KA has more of an issue with the BN and Iles to me
And rightly so
30 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:19
Bread2.0
Andy Walker
It (all 8 pages of it, so it's not just a promotional flyer; it's a proper sales brochure) was sent out last week to specifically targeted "high net worth" individuals and groups in the hope of drumming up a sale.
KA is desperate to sell because he needs a quick injection of cash.
KA is desperate to sell because he needs a quick injection of cash.
31 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:21
Guest
Guest
That's not a bad thing though. Means his end game is edging closer
32 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:22
Norpig
Nat Lofthouse
That was always his plan though surely? I have no issue with him selling us for a profit, he'll be lucky to get one at the moment though.
33 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:23
Bread2.0
Andy Walker
Not necessarily.
It just means he needs a shit load of cash quickly and that might turn out very badly indeed for BWFC.
It just means he needs a shit load of cash quickly and that might turn out very badly indeed for BWFC.
34 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:28
boltonbonce
Nat Lofthouse
The ST were trying to raise the money. Sluffy offered to help them out,but got bummed. He must have been right about them all along.
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35 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:34
Norpig
Nat Lofthouse
But KA would have had to prove he can finance the club until at least the end of the season to get the embargo (full or partial) lifted wouldn't he? And surely he must have had to prove to BM he could keep us afloat as well?
36 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:39
wanderlust
Nat Lofthouse
Bread2.0 wrote:Not necessarily.
It just means he needs a shit load of cash quickly and that might turn out very badly indeed for BWFC.
On the one hand he says he's appointed a company to handle enquiries, on the other he says he hasn't given instructions to sell. At least with this latest stunt he's given a choice of smoke OR mirrors
37 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:46
Guest
Guest
Thats too sensible norpigNorpig wrote:But KA would have had to prove he can finance the club until at least the end of the season to get the embargo (full or partial) lifted wouldn't he? And surely he must have had to prove to BM he could keep us afloat as well?
38 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 15:58
Norpig
Nat Lofthouse
I know he's had a shady past but i just wonder where we would be if he hadn't have come in when Deano needed a backer? I'm prepared to give him the benefit of the doubt for now but will gladly take the shit if he does shaft us.
39 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 16:12
wanderlust
Nat Lofthouse
He bought £40 million of assets for a quid in what was basically a fire sale. BWFC is providing him with all the collateral he needs - at least until the remaining assets run out. That's when Anderson will move on if his history of liquidating businesses is anything to go by.Norpig wrote:But KA would have had to prove he can finance the club until at least the end of the season to get the embargo (full or partial) lifted wouldn't he?
No. He'd just have to show that the club has assets which can be snatched if/when he defaults on the loan repayments.
And surely he must have had to prove to BM he could keep us afloat as well?
With BM facing the option of not getting their money back or accepting a revised claim on the club's assets they had little choice but go with the second option.
40 Re: For Sale: BWFC. 25 MILLION Mon Oct 09 2017, 16:19
Norpig
Nat Lofthouse
I think we are just going to have to wait and see as no one on here has any real clue or information on what KA might or might not be planning to do, it's all just speculation on all sides.
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