Ken Anderson - update.

Well, what a surprise.

You can be sure Kenocchio will put us into administration as soon as he can now.

What the hell is Bassini Playing at ???? does he have Munchhausen's or something similar

When Dean Holdsworth and l first got involved with the club three years ago, l recall the late Eddie Davies telling me that ‘he had over 50 expressions of interest, mostly from dreamers and tyre kickers, who had indeed wasted a great deal of everyone’s time.’
Unfortunately, three years on and nothing seems to have changed.
Mr Bassini has failed to provide any adequate and acceptable proof of current and future funding to the EFL, the other secured creditors or me despite him keep telling the media, and anyone else that listens, that he has the ability to perform since early March when first discussions were held with him and his advisors.

His failure to perform has actually caused far greater hardship to the staff than would have occurred if he had not given undertakings he clearly cannot honour. For this I am deeply sorry and offer my apologies to the hard working staff of both the football club and Whites Hotel.

It is very disappointing that despite all of this he continues to make false accusations and promises, which are very misleading.

The question I have been asked is why, given the numerous warnings, I entertained an approach from Mr Bassini, in hindsight this has proved a mistake. However, at the time the only alternative was to place the business in to administration, I felt giving him the opportunity to complete the deal was worth the risk of delaying this process by a few days, which unfortunately became weeks.
I really had no idea that the club, my family and myself would be dragged through the media in such tawdry manner, whilst Mr Bassini seems to show no regard for his own reputation. His continued inaccurate outbursts to anyone that waves a microphone at him have been both damaging and in the most wholly inaccurate.

Mr Bassini, regrettably his continued time wasting and empty promises have caused a great deal of heartache and frustration for the staff and supporters alike and now leave the Eddie Davies Trust and I with little or no choice other than for one of us to place the businesses into administration, as any likelihood of finding any resolution the High Court hearing not possible.
This had been a massive disappointment to me as I understand the serious implications administration will bring to the businesses. But I have been left with no alternative, as this course of action will preserve the football club and all of its proud history.
I would like to thank all my colleagues at Bolton Wanderers and Bolton Whites for all their hard work during my tenure as Chairman and owner. Whilst it is easy to focus on the negatives, the positives will leave me with some fond memories. I wish nothing but the very best for everybody connected with this football club and I have no doubt whatsoever that this great football club will once again stand shoulder to shoulder with the giants of the game.
Ken

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Always someone else's fault eh Kenocchio?

Norpig wrote:Always someone else's fault eh Kenocchio?

Simon Jordan just eviscerated him on the radio.

i wish someone would do it for real boncey.

But what if he is telling the truth in his latest piece?

Don't see an issue with the update.

He's tried to sell on to the only supposed interested party.

Kenocchio wouldn't know the truth if it came up and kicked him in the balls KP. 

He thought he could buy us and turn a good profit for himself but his greed got the better of him and i hope he goes bankrupt as well now.

What does that mean though? Has someone stepped in to save us?

Saying the judge wasn't impressed that Anderson wasn't represented in the courtroom.

He's long gone now boncey, washed his hands of us and left it to the Davies estate.

From lion of Vienna twitter...

“ so I believe that Fildraw have requested an intent to put Bolton into administration. Very noisy in here so difficult to confirm. Adjournment was NOT to complete a solvent sale. Bassini not mentioned.“

It’s just prolonging the pain this!

“Fildraw is Eddie's trust, for those who don't know.”

“Notice of Intention to appoint an administrator is submitted for whites hotel. They are also adjourned to May 22”