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John McGinlay urged the whole town to keep their fingers crossed for a positive resolution as Wanderers head for the High Court today.
Faced with a winding-up order from HMRC over a £1.2million tax bill, the club appear to be in a vulnerable position, perhaps even facing liquidation in the worst-case scenario.
Wanderers claimed yesterday to be in talks with other parties, despite the collapse of a takeover involving the Football Ventures consortium.
And though the doomsday scenarios have been mounting up around the club over the last few days, McGinlay is hopeful something can be sorted last-minute.
“You hope this is just typical Ken Anderson brinkmanship,” he told The Bolton News. “He has taken everything as far as he can because he hasn’t got a dog in the race. It was just a matter of how much he could make.
“TV money and selling players has prolonged things but the place has been run into the ground. He’s ripped it apart single-handed.
“But it won’t be the end of this club when he walks away. Whatever happens it’ll be a hurdle to negotiate for the new owners.”
Admitting that League One football is looking inevitable, even without the added push of an EFL penalty for an insolvency event, McGinlay says a fresh start could actually work in Wanderers’ favour.
“We have all been clamouring for that young and hungry team – maybe that gives us the opportunity now?” he said.
“The club needs to be restructured. It has been working with skeleton staff, people wearing five different hats and plugging holes out of necessity.
“They have kept his place going.”
McGinlay also condemned the behaviour of some supporters who were filmed fighting in Saturday’s 5-2 defeat at Wigan Athletic but admits the current climate has raised tensions.
“It was embarrassing on and off the pitch,” he said. “And it isn’t us. We’ve got one of the best away supports in the country.
“People have had enough, it has ground them down. They are sick and tired of all of it and it’s had an effect on everyone.”
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Faced with a winding-up order from HMRC over a £1.2million tax bill, the club appear to be in a vulnerable position, perhaps even facing liquidation in the worst-case scenario.
Wanderers claimed yesterday to be in talks with other parties, despite the collapse of a takeover involving the Football Ventures consortium.
And though the doomsday scenarios have been mounting up around the club over the last few days, McGinlay is hopeful something can be sorted last-minute.
“You hope this is just typical Ken Anderson brinkmanship,” he told The Bolton News. “He has taken everything as far as he can because he hasn’t got a dog in the race. It was just a matter of how much he could make.
“TV money and selling players has prolonged things but the place has been run into the ground. He’s ripped it apart single-handed.
“But it won’t be the end of this club when he walks away. Whatever happens it’ll be a hurdle to negotiate for the new owners.”
Admitting that League One football is looking inevitable, even without the added push of an EFL penalty for an insolvency event, McGinlay says a fresh start could actually work in Wanderers’ favour.
“We have all been clamouring for that young and hungry team – maybe that gives us the opportunity now?” he said.
“The club needs to be restructured. It has been working with skeleton staff, people wearing five different hats and plugging holes out of necessity.
“They have kept his place going.”
McGinlay also condemned the behaviour of some supporters who were filmed fighting in Saturday’s 5-2 defeat at Wigan Athletic but admits the current climate has raised tensions.
“It was embarrassing on and off the pitch,” he said. “And it isn’t us. We’ve got one of the best away supports in the country.
“People have had enough, it has ground them down. They are sick and tired of all of it and it’s had an effect on everyone.”
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