Ken Anderson - update.

Is someone cooking the books?

Is Ken in a stew?

Cajunboy wrote:Is someone cooking the books?

Couldn't be... we haven't paid Heathcote's so no cooking being done presently

T.R.O.Y wrote:Don’t think either of those will have reached our bank as of yet then to be honest - although I’m no expert.

It doesn't reach BWFC bank account until the end of August. That is why Ken wants to pay player bonuses at the end of August.

Cajunboy wrote:Is someone cooking the books?

Is Ken in a stew?

Ouch!

Rumour is that the "significant and escalating debt" is just for Fat Ken's dinners. The man's eating us out of house and home.

Really is becoming pathetic on here. Certain people won't be happy until everyone is gone. Like Nat, im out.  Last We one out dont forgwt the lights.  Wont be long at this rate

y2johnny wrote:Really is becoming pathetic on here. Certain people won't be happy until everyone is gone. Like Nat, im out.  Last We one out dont forgwt the lights.  Wont be long at this rate

Come on Johnny, don't let people get to you. Stick around fella.

y2johnny wrote:Really is becoming pathetic on here. Certain people won't be happy until everyone is gone. Like Nat, im out.  Last We one out dont forgwt the lights.  Wont be long at this rate

Hey mate don't leave, the sane posters (what few of us are still here) need you.

Besides, I think all this arguing should settle down once the footie gets underway, you know summer's always silly season on pretty much any forum and this summer has been sillier than most. Stick with it buddy, we'll soon be back to those who think PP is God and those who think he should be given his marching orders yesterday while at least one player will be declared worse than Mario Jardel and others will say that same player is our best signing since Jay Jay!

This forum ain't called "Nuts" for nothing.

Someone should start a Nuts Mausoleum thread. Johnny shouldn’t have to go out on a Ken Anderson Update article. I didn’t realise Nat had gone too. Nuts Legends should be remembered, and occasionally resurrected, in a dedicated area on the site.

I've been out whilst all this shite has been happening but my attention was soon drawn to it as I had received an official complain about Wanderlust abuse, in particular relating to Johnny, as soon as I logged in to Nuts!

As I have a history dating back some time in relation to Wanderlust and as such I will take no part in the discussion as to what further action will be taken against him apart from the mandatory 24 hour ban that is issued simply to allow time for everyone to cool off.

I've said many times before that at the end of the day Nuts is YOUR forum, if you want it to succeed then help us make it better for all our sakes, if you want us to die, then you are going to have to wait for another two and a half years at least because we are in credit with the forum provider until that time.

As I mentioned at the start of the week I've taken on a load of work in real life and won't be about on here anything like I've been in recent months - it also allows me a rest from having to attempt to curb the unending and unsubstantiated bile from Wanderlust which several of you clearly have stated was doing the site no good by me doing so.

It seems allowing him to post without me being about is even worse for the site if today is anything to go by!

So as I say Wanderlust will be having a rest from posting tomorrow and maybe even further depending on what the other mods decide.

I do hope Johnny will consider returning to the forum soon as the place will be much the worse without him.

I know Ken's letter has been posted elsewhere on the forum already but just for completeness of this thread I post it here also -

I'm sure you will all, like myself, have been very pleased to see the team end pre-season on a high with victory over Peterborough United earlier today.

It was against a tough and competitive Peterborough United team who I am sure will do well in Sky Bet League One this season.

It is a result however that will set us in good stead ahead of the start of our own Sky Bet Championship campaign that gets underway next Saturday against West Brom.

I feel sure that you are all looking forward to the campaign as much as I am.

Hopefully, between now and our clash at The Hawthorns, we are looking to bring a number of exciting new signings to the club in order to have strength in depth for the 2018/19 season.

West Bromwich Albion will be a very tough test for us, having been recently relegated from the Premier League, but I firmly believe that our players will give the best account possible of themselves next Saturday.

I hope to see as many of you as possible down at The Hawthorns, cheering the team on.

I have been made aware of the statement issued today by SCC/Heathcotes to the Bolton News.

Whilst the club has stated that no further comments will be made, as the matter is now in the hands of our lawyers, l must place on record my view that their statement is both misleading and factually incorrect.

I am unable to go into detail of their numerous breaches to the agreement, but I was left with no choice but to withhold the monies that have now become due to them over the last week or so and that in normal circumstances only became due and payable yesterday afternoon. Despite numerous assurances, SCC have failed to repay the substantial amounts long overdue to us.

The agreement clearly sets out the procedures that either party can take in the event of a dispute, but once again, SCC/Heathcotes chose to ignore the process.

For the record, we have no problem in paying any monies we may currently owe to SCC/Heathcotes, provided they first of all pay us the amounts long overdue to us.

Indeed, in an effort to resolve the current issues quickly and promptly, l am happy to lodge the monies due to SCC/Heathcotes with their lawyers, if they first of all lodge what they owe us to our lawyers at the same time.

As SCC/Heathcotes have said there is one simple solution to the current issue, so let's both pay the gross amounts due to each other with no further arguments about set offs etc.

In the meantime, we still intend to terminate the agreement in view of their serious and ongoing breaches of the agreement.

l have also noted their comments about the staff of SCC/Heathcotes and can also personally reassure them, that once the agreement is terminated, they will have the usual TUPE protections available to them when we take control of the food and hospitality operations.

It is important to note that this dispute will have no adverse impact on our hosting of the Rugby League Challenge Cup semi-finals next Sunday and the start to the Sky Bet Championship campaign.

However, we will insist on an undertaking from SCC/Heathcotes that they will operate in accordance with the agreement and no further breaches will occur. In the event that this undertaking is not forthcoming, we have alternative arrangements in place.

It is unfortunate that we have had to take this course of action but recent events and the continuing serious breaches of the agreement left us with no alternative.​

Ken

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It’s been a busy day in terms of player recruitment and I am really delighted to welcome on board two new players who will add strength and experience to the squad.
Jack Hobbs has been with us for most of pre-season and has impressed everybody during this time. As well as bringing experience on the field, his character will also be beneficial in the dressing room too.
Josh Magennis is a very exciting acquisition for the club and has been on our radar for quite some time. He’s a hard-working player who will cause problems for our opponents with his pace and power.
I am sure you will all join me in welcoming both Jack and Josh to the squad.

I just wanted to take this opportunity to clear up some confusion about Charlton’s Patrick Bauer. As we were concluding the deal for Josh we were made aware that Blackburn were interested in Bauer. We enquired as to how much Charlton valued Bauer at and that is where we left it. We certainly made no bid for the player.

The duo join Jason Lowe, Erhun Oztumer, Clayton Donaldson, Pawel Olkowski, Yanic Wildschut and Marc Wilson, who joined us over the summer as well as Ben Alnwick and Sammy Ameobi wo re-joined the club on new deals.
We are still working hard to bring in some more new faces before Saturday’s game at West Brom.

We’ve done our utmost to strengthen the squad with some quality recruits and I believe that now is the ideal time for those supporters who haven’t yet renewed their season tickets to do so. The squad we have assembled is stronger than the one we had last season and I think we are in for an exciting campaign.
Don’t miss out, there is still time to take advantage of the great savings to be made by being a Bolton Wanderers season ticket holder. Click here for more information and show your support for Phil and the players.

I am pleased to confirm that we will be in a position to announce our new naming rights partner on Wednesday morning. So please stay tuned for this exciting news.

Unfortunately, the dispute with SCC/Heathcotes is still ongoing, but I found it somewhat strange to discover that Paul Heathcote recently stepped down as a director of SCC. I’m led to believe that he may reappoint himself imminently.

Ken

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It doesn’t seem too long ago that we were all leaving the stadium feeling euphoric after that final day victory against Nottingham Forest. On that sunny afternoon, memories were made that will last forever.

And here we are on the eve of a new season starting with the excitement building and I for one cannot wait to see the lads in action at The Hawthorns on Saturday.

Our recruitment team has been exceptionally busy over the summer and the overall quality and strength of the squad has been improved.

I’d like to welcome Luke Murphy on board who joined earlier today which brings the total of new signings to nine players.

We are still working hard on bringing in some more new faces over the coming days and before the transfer window shuts next week it should of course be remembered that we can still sign loan players up to the end of August.

A player we were interested in signing was Charlie Wyke from Bradford City. We made a six-figure offer for him which we believe accurately represented his perceived value. I am led to believe that Sunderland came in and offered a fee rising to in excess of £1.2million for him and we lost out. It is my intention to operate this football club in a sustainable and commercially prudent manner and we won’t enter into a bidding war and make the same mistakes as previous regimes. We do a lot of research in ascertaining the value of a player and we will not go over that.

It is now approaching two-and-a-half years of my tenure at the club and we are only now starting to see light at the end of the tunnel and bring to a conclusion the shambolic legacy we inherited. As you are no doubt aware some of the commercial deals the club found itself in were nonsensical and unfathomable from a commercial perspective.

For example, several agents were “consulting” for the club and costing the club in excess of £1 million per annum and I am pleased to report that with the exception of one agent agreements have now been reached and finalised. This chapter has now been closed and we move on. Going forward, agents will only be paid in line with EFL and FIFA recommendations.

If you haven’t yet already, there is still time to buy or renew your season ticket ahead of our first home game on Saturday 11 August against Bristol City. With nine new faces in the squad, a new home kit and a new stadium name, make sure you don’t miss a minute of the action on home soil. Having a season ticket is the most cost effective way and you can watch Wanderers from just £15.22 per game. Click here for more information on how to get your Bolton Wanderers season ticket. Obviously, the more season tickets we sell the more revenue we have to invest in the club and players at all levels from the academy to the first team, not to forget the fortress-type atmosphere that you all create in your numbers.

Our home and away kits are in stock and are proving to be very popular, so please visit Bolton Central or buy them online and make sure you wear your colours with pride both at the University of Bolton Stadium and on your travels.

On Wednesday, we were very pleased to announce the University of Bolton as our new naming rights partner. This will be an exciting and long-term strategic partnership which will be beneficial for both parties and we look forward to working with them.

Following on from BBC Radio Manchester signing a commentary deal with us, I’m pleased to confirm that local commercial radio station, Tower FM, will be our commercial radio partners for the forthcoming campaign.

Last month, the hotel received its record revenue for rooms and I must pay special thanks to Suzanne Speak and all her team. This is a very encouraging sign going forward and as you all know the hotel provides a vital and valuable income stream for the club. Please keep supporting them.

Unfortunately, we have not been able to negotiate with SCC/Heathcote’s on the uncommercial and loss making agreement for the club and its associated businesses and the dispute seems like it will be long lasting albeit we have issued notice to terminate the agreement for their various serious breaches of the agreement, which unfortunately are still ongoing.

The amount of the dispute was circa £100,000 and only due for payment at the end of last week; however, we were withholding payment pending them remedying their various serious breaches of the agreement. In order to be seen as trying to reach an amicable termination of the agreement, I reluctantly asked our accountant to process the payment along with any further monies falling due tomorrow and this payment has now been processed.

Unfortunately, even though Paul Heathcote is a ‘lifelong supporter of the club’ he decided to issue a winding up notice against Bolton Whites Hotel Ltd only a few days after the amount would have been due. I doubt anyone would see that as the actions of ‘a lifelong supporter’! No doubt he pays all his suppliers weekly and on time as we have to! The winding up petition will now be dismissed but I would ask everyone to consider if they want to support SCC/Heathcote’s other businesses in the light of his aggressive actions against the club.

I noted with particular interest Paul Heathcote’s comments about him being a lifelong supporter of the club. It is my impression that the club has been a longstanding financial supporter of SCC/Heathcote’s rather than the other way around.

We inherited an agreement which I can honestly say I do not comprehend how it was ever signed off by the previous regime but fortunately we are entering the final straight and even in the worst case scenario, SCC/Heathcote’s will be gone soon and we can move on with another operator on commercial terms.

Be loud, be proud and get behind the boys this weekend and throughout the season.

Kind regards,

Ken

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Some interesting points:

SCC/Heathcote payments have now been processed
SCC/Heathcote issued a winding up order due to the initial late payment
Advised people to consider before using SCC/Heathcote in future
Agents consulting for the club were costing in excess of £1million a year!  This has now been stopped.
We made a six-figure offer for Wyke, but Sunderland's deal is up to £1.2million
Season tickets and replica shirts are still available

So in a nutshell.....within a few days of Paul Heathcote withdrawing credit facilities at the Hotel due to unpaid money, Ken has paid him the 100 grand he owes him.

Growler wrote:So in a nutshell.....within a few days of Paul Heathcote withdrawing credit facilities at the Hotel due to unpaid money, Ken has paid him the 100 grand he owes him.

But is looking for ways of canceling the contract regards Heathcotes

Yes, he wants a caterer who will work for less money and doesn't want paying on time

Growler wrote:Yes, he wants a caterer who will work for less money and doesn't want paying on time

Or one that pays us the money he owes to BWFC

Ken clearly states the deal is a loss making deal for Bolton, obviously we wouldn't want that to continue so if there's a way out of it before the end of the contract then I'm sure he'll try to find a way (and so he should).

Growler wrote:So in a nutshell.....within a few days of Paul Heathcote withdrawing credit facilities at the Hotel due to unpaid money, Ken has paid him the 100 grand he owes him.

No that's not correct.

More like that a few days after Heathcote issued a winding up order Ken paid the £100 grand he owed him.

Growler wrote:Yes, he wants a caterer who will work for less money and doesn't want paying on time

He'll take the contract back in house and safe himself a fortune - outsourcing work isn't always best or cost effective.

BoltonTillIDie wrote:Ken clearly states the deal is a loss making deal for Bolton, obviously we wouldn't want that to continue so if there's a way out of it before the end of the contract then I'm sure he'll try to find a way (and so he should).

As Ken said in a previous comment

"Despite numerous assurances, SCC have failed to repay the substantial amounts long overdue to us."

Whether that's rent or whatever remains unclear