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Club Future - Administration or bust?

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1021Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Fri May 10 2019, 22:55

Sluffy

Sluffy
Admin
[You must be registered and logged in to see this link.] wrote:Could Parkinson be for the Chop Suey?

They've replaced him already with a Chinese lookalike by the name of Par Kim Sun!

Very Happy



(pinched the joke from someone off Wways!)

1022Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Sat May 11 2019, 07:32

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
We used to have a Korean lad called Lee One Pen.

1023Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Sat May 11 2019, 09:15

Hipster_Nebula

Hipster_Nebula
Nat Lofthouse
Nat Lofthouse
Ho lee fook.

1024Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Sat May 11 2019, 09:44

y2johnny


Tony Kelly
Tony Kelly
Wow. It's like ive gone back in time 30 years,  took the internet with me and nuts is now a homage to bernard manning

1025Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Sat May 11 2019, 10:26

bryan458

bryan458
Tony Kelly
Tony Kelly
Top Chinese prospect coming if they pull of a deal, 'Wei Mi' !!!

1026Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Sat May 11 2019, 15:30

Sluffy

Sluffy
Admin
Some interesting comments from the ST's Ian Bridge on this 15 minute interview yesterday.
He clearly stated that

- the ST does NOT have 21 days exclusivity from the Administrator from when the club is put into Administration,
- are NOT looking to buy the club - so presumably there would be no need for anyone to join in with the ST in order to get first dibs on the club?
- WILL not prevent any other reasonable purchaser from buying the club within the 21 days. 
- he stated though that the Administrator has to market the club for sale for 21days - so I am unsure if he's saying Pre Pact Admin can come into being without having to wait three weeks, or not? An apparent contradiction/miscommunication from him on this point?
- He also more or less admitted that there were NOT any 'high net worth's' available to buy the club even out of Administration and put out a plea for anyone to join them in raising a local bid.

I'm not having a pop at him or the ST but it does seem to put to bed some of the things we have been led to believe in the past (dare I say even been told as such from the ST themselves previously).

The interesting stuff is from about 7 minutes in.

Worth a listen imo, particularly if you just start around the seven minute mark.

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1027Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Mon May 13 2019, 15:39

MartinBWFC

MartinBWFC
Frank Worthington
Frank Worthington
Club statement.

Statement of behalf of the administrators for Bolton Wanderers Football Club

Paul Appleton and Asher Miller of David Rubin & Partners have today been appointed as Joint Administrators of Bolton Wanderers Football & Athletic Club (BWFC) and Burnden Leisure Limited (BLL) in the High Court of Justice.

Both appointments were made following the Notices of Intention to appoint administrators filed by Fildraw Limited last week, which followed a long period of uncertainty since the presentation of a petition by HMRC.

Fildraw Limited is a company through which the Trust representing the family of the late Eddie Davies lent substantial sums to the club.
The decision was finally made for the appointments which it is hoped will ensure the continued existence of the club, one of the founding members of the Football League.

Paul Appleton said: "This has obviously been a long-running situation and it is vitally important that we quickly establish the position of both the football club and the holding company.

"It has got to the stage where the Trust could not sit back and allow the club to go into liquidation. Decisive action had to be taken and the Trust believes the decision is in the best interests of Bolton Wanderers."

"Everybody at the club as well as the supporters need a sense of clarity and that is what I will be seeking to provide as quickly as possible."

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1028Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Mon May 13 2019, 15:54

rammywhite

rammywhite
Frank Worthington
Frank Worthington
[You must be registered and logged in to see this link.] wrote:Club statement.


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Thanks for posting this Martin. Progress at last.
Sluffy(or other mod) can we put this into a new thread as there will  be a lot of interest and contributions coming from this

1029Club Future - Administration or bust? - Page 35 Empty Re: Club Future - Administration or bust? on Thu May 16 2019, 09:28

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
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