Club Future - Administration or bust?

It's well known now who is the buyer.

Let's just say his he made his fortune in the personal fitness industry.

Hipster_Nebula wrote:It's well known now who is the buyer.

Let's just say his he made his fortune in the personal fitness industry.

The sarcasm is getting very obscure

It's a gent called Laurence Bassini.

Hipster_Nebula wrote:It's a gent called Laurence Bassini.

Hope not!

I'd prefer Elton John to him...

...or even David Beckham!

Hipster_Nebula wrote:It's a gent called Laurence Bassini.

He’s bankrupt

Boggersbelief wrote:

Hipster_Nebula wrote:It's a gent called Laurence Bassini.

He’s bankrupt

I'm not so sure he is.

He was, but all I could find out about his current circumstances was this - "District Judge Clarke said that the bankruptcy looked like "a simple case" and Mr Bassini could expect to be discharged from the order in a year". - and that was in 2014.

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May even pass a EFL Fit and Proper Person Test too!

I don't think it will turn out to be him though.

If it did turn out to be that goon I’d relinquish my support of Bolton Wanderers and it will be a very sad day

Boggersbelief wrote:If it did turn out to be that goon I’d relinquish my support of Bolton Wanderers and it will be a very sad day

Not for us

A bit random but...

My good friend and former Eastenders star, Michael Greco, is proud and excited to be the public face of this consortium.

He aims to return [You must be registered and logged in to see this link.] to the Premier League within four years. [You must be registered and logged in to see this link.]

— Kevin Lee (@AgentKevLee) [You must be registered and logged in to see this link.]

I'd have preferred Grant Mitchell.

Natasha Whittam wrote:

Boggersbelief wrote:If it did turn out to be that goon I’d relinquish my support of Bolton Wanderers and it will be a very sad day

Not for us

Why are you speaking for everyone else

Dot Cotton would have done me.

Boggersbelief wrote:Why are you speaking for everyone else

Because I'm top dog.

boltonbonce wrote:Dot Cotton would have done me.

Oh I don’t know Bonce. I very much doubt she would be able to put her fag down!

Apparently it is a fake account - Grant Mitchell still a possibility then!

An email sent to full-time staff yesterday afternoon claimed that a deal has been agreed in principle with the buyer whose backing helped obtain an adjournment at the High Court last week.

The takeover is subject to contract – but the email claimed every effort was being made to conclude the deal within 48 hours, which would ensure the new buyer could put funds in place to pay wages, due tomorrow.

Concerns had been raised among administrative, part-time, coaching and playing staff that the ongoing negotiations could affect March salaries in a similar way they did last month.

And while news that the end of the takeover saga could be nigh has been welcomed, there is still a healthy amount of scepticism among all associated with the club given the events of the last few weeks.

A deal had been agreed in principle with the Football Ventures consortium and announced on the official website up until March 15 when it emerged there had been a collapse in negotiations.

The name of the mystery buyer remains a closely-guarded secret, although sources close to the talks claimed last week they were based in the UK and had been involved with British football in the past.

No comment was made on any of the names currently being touted on social media.

The deadline to take a 12-point deduction for an insolvency event this season, rather than next, passes at 5pm this evening.

Ken Anderson claimed earlier this week that such punishment would not be required.

“Talks are still ongoing with prospective buyers and, as matters currently stand, despite recent media speculation we do not foresee any need to appoint an administrator before the high court hearing on April 3,” he said.

“As has been reported, Thursday, March 28, is the cut-off date by which clubs would get deducted 12 points this season if they were to go into administration.

“We are all still confident that we can resolve the current financial issues and also retain our Championship status.”

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Beckham became a Director of Salford TWO MONTHS AGO, hardly recent news?

(and similarly hardly fitting within a strategic plan to be intending buying a club just a few miles down the road at more or less the same time unless he wants to 'scrap' us and replace us with Salford in the league at the UniBol!)

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