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Telegraph anyone?

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1Telegraph anyone? Empty Telegraph anyone? on Mon Dec 17 2018, 09:33

y2johnny


Tony Kelly
Tony Kelly
There is an article on bolton but can only read the first few paragraphs due to not having a sub?  Anyone on here have one who can chippy and paste? Smile

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2Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 10:24

BoltonTillIDie

BoltonTillIDie
Nat Lofthouse
Nat Lofthouse
Modern day footballers are often accused of being spoilt, but that could not be levelled at the players of Bolton Wanderers. Travelling to south-east London last month for a Championship match with Millwall, many stood for the majority of a packed train journey as no seats had been reserved in second class. Hardly ideal preparation.

These are the same players who, for a good while, would rush for the showers after training at their Lostock base in the knowledge that the hot water seldom lasted for much more than five minutes.

They might have a slightly easier time stomaching such inconveniences if there were not bigger problems engulfing the club, but after a summer in which the squad boycotted a pre-season friendly against St Mirren in protest at unpaid bonuses, Bolton’s financial woes are again in sharp focus after a trying past fortnight.

It was only on Friday, a full two weeks late, that players and coaching staff received their wages for November, the latest episode in the grim decline of a club who have flirted with administration and a succession of winding-up orders over the past 2½ years and for whom the heady days of four successive top-eight finishes in the Premier League under Sam Allardyce must, at times, feel like a figment of the imagination.

Vibrancy has given way to apathy, excitement to anger and apprehension. Another nadir was reached last week when the club banned Marc Iles, chief football writer of the Bolton News, after chairman and owner Ken Anderson took exception to what was described as the “negative” tone and apparent inaccuracies in some of his reporting. The tipping point for Anderson was Iles accompanying the news of the November wages payment on Twitter with a GIF from The Muppet Christmas Carol, but many fans have sided with the journalist.

A former football agent, Anderson was disqualified as a company director from 2005 until 2013 for transgressions, including diverting company funds into personal accounts and VAT discrepancies. Since that disqualification was not active at the time he was buying Bolton with the club’s former striker Dean Holdsworth in 2016, he passed the Football League’s owners and directors test. Asked by this observer over the weekend why he felt he was a fit and proper person to run a football club, Anderson said he had “nothing further to say on my ban” but added that it was “in respect of a company I was involved in 20 years ago”.

He has his supporters, who believe he has done a decent job in difficult circumstances, rationalising the club’s meagre finances, cutting costs and increasing off-field revenues, but also plenty of critics and is unlikely to be on many Christmas card lists, not that he was ever there to win a popularity contest.

What sits a little uncomfortably, though, is that on Sept 10, Anderson confirmed the club were heading for administration, even though it later transpired he had received a £5 million bridging loan from the late former owner, Eddie Davies, three days earlier to settle an overdue debt with BluMarble, an Essex-based finance firm. Why not communicate that publicly to fans at the time? Why the brinkmanship? It was not until Iles reported the news on Sept 20 that it became known to the public. The loan to Davies’s trustees is due in February. How Anderson plans to repay it remains to be seen.

Bolton have won one of 16 Championship matches since that last brush with administration and are second bottom after Saturday’s 1-0 defeat by Leeds. Having worked wonders to keep Bolton up on the final day last season – a bonus payment for which he had still to receive as of last week – manager Phil Parkinson has a huge battle to repeat that this term. He has one of the Championship’s lowest budgets and a team made up predominantly of free transfers and loan signings. The Leeds goal at the weekend came courtesy of a £7 million signing, Patrick Bamford. Bolton have bought two players for cash in three years – and those for a combined fee of less than £500,000. Cold showers and uncomfortable train journeys are, in truth, the least of their worries.

3Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 10:24

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
Can't help you Johnny. I'm under 90, so don't read it.

4Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 10:30

wanderlust


Nat Lofthouse
Nat Lofthouse
[You must be registered and logged in to see this link.] wrote:Modern day footballers are often accused of being spoilt, but that could not be levelled at the players of Bolton Wanderers. Travelling to south-east London last month for a Championship match with Millwall, many stood for the majority of a packed train journey as no seats had been reserved in second class. Hardly ideal preparation.

These are the same players who, for a good while, would rush for the showers after training at their Lostock base in the knowledge that the hot water seldom lasted for much more than five minutes.

They might have a slightly easier time stomaching such inconveniences if there were not bigger problems engulfing the club, but after a summer in which the squad boycotted a pre-season friendly against St Mirren in protest at unpaid bonuses, Bolton’s financial woes are again in sharp focus after a trying past fortnight.

It was only on Friday, a full two weeks late, that players and coaching staff received their wages for November, the latest episode in the grim decline of a club who have flirted with administration and a succession of winding-up orders over the past 2½ years and for whom the heady days of four successive top-eight finishes in the Premier League under Sam Allardyce must, at times, feel like a figment of the imagination.

Vibrancy has given way to apathy, excitement to anger and apprehension. Another nadir was reached last week when the club banned Marc Iles, chief football writer of the Bolton News, after chairman and owner Ken Anderson took exception to what was described as the “negative” tone and apparent inaccuracies in some of his reporting. The tipping point for Anderson was Iles accompanying the news of the November wages payment on Twitter with a GIF from The Muppet Christmas Carol, but many fans have sided with the journalist.

A former football agent, Anderson was disqualified as a company director from 2005 until 2013 for transgressions, including diverting company funds into personal accounts and VAT discrepancies. Since that disqualification was not active at the time he was buying Bolton with the club’s former striker Dean Holdsworth in 2016, he passed the Football League’s owners and directors test. Asked by this observer over the weekend why he felt he was a fit and proper person to run a football club, Anderson said he had “nothing further to say on my ban” but added that it was “in respect of a company I was involved in 20 years ago”.

He has his supporters, who believe he has done a decent job in difficult circumstances, rationalising the club’s meagre finances, cutting costs and increasing off-field revenues, but also plenty of critics and is unlikely to be on many Christmas card lists, not that he was ever there to win a popularity contest.

What sits a little uncomfortably, though, is that on Sept 10, Anderson confirmed the club were heading for administration, even though it later transpired he had received a £5 million bridging loan from the late former owner, Eddie Davies, three days earlier to settle an overdue debt with BluMarble, an Essex-based finance firm. Why not communicate that publicly to fans at the time? Why the brinkmanship? It was not until Iles reported the news on Sept 20 that it became known to the public. The loan to Davies’s trustees is due in February. How Anderson plans to repay it remains to be seen.

Bolton have won one of 16 Championship matches since that last brush with administration and are second bottom after Saturday’s 1-0 defeat by Leeds. Having worked wonders to keep Bolton up on the final day last season – a bonus payment for which he had still to receive as of last week – manager Phil Parkinson has a huge battle to repeat that this term. He has one of the Championship’s lowest budgets and a team made up predominantly of free transfers and loan signings. The Leeds goal at the weekend came courtesy of a £7 million signing, Patrick Bamford. Bolton have bought two players for cash in three years – and those for a combined fee of less than £500,000. Cold showers and uncomfortable train journeys are, in truth, the least of their worries.
Don't tell me - fake news again?

Looks like another journalist is about to be crossed off Anderson's Xmas list.

5Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 11:27

Growler


Tony Kelly
Tony Kelly
Wonder why he wouldn't talk to the Telegraph about his disqualification from being a company director?
Perhaps the Bolton News could delve deeper into the vat discrepancies and diverting company funds into personal accounts that got him banned.
Im sure Sluffy and twobob who are fascinated by finances would be interested in more detail of the owners murky past.

6Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 11:37

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
[You must be registered and logged in to see this link.] wrote:Wonder why he wouldn't talk to the Telegraph about his disqualification from being a company director?
Perhaps the Bolton News could delve deeper into the vat discrepancies and diverting company funds into personal accounts that got him banned.
Im sure Sluffy and twobob who are fascinated by finances would be interested in more detail of the owners murky past.
I brought it up when he first took over, but was told it was all in the past, and we should judge him on what he did going forward.
Fair point, but it I felt it was, and is, a concern.

7Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 12:10

gloswhite

gloswhite
Jay Jay Okocha
Jay Jay Okocha
It seems this could be the last season for us at his rate. Maybe we won't go straight into liquidation, but will find a benefactor who is able to take on the club, its debts, and its assets, (if they haven't been sold off). Not looking good, no matter how optimistic we try to be.

8Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 12:24

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
[You must be registered and logged in to see this link.] wrote:It seems this could be the last season for us at his rate. Maybe we won't go straight into liquidation, but will find a benefactor who is able to take on the club, its debts, and its assets, (if they haven't been sold off). Not looking good, no matter how optimistic we try to be.
Oh how we've fallen. I remember a much better performance against Leeds.

9Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 12:44

Growler


Tony Kelly
Tony Kelly
[You must be registered and logged in to see this link.] wrote:
Oh how we've fallen. I remember a much better performance against Leeds.
Aye, and Leeds paid bigger wages and bigger transfer fees back then too

10Telegraph anyone? Empty Re: Telegraph anyone? on Mon Dec 17 2018, 13:48

y2johnny


Tony Kelly
Tony Kelly
Cheers btid

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