OFFICIAL - Bolton up for sale for £25 million

DEANO82 wrote:No wonder people don't post on here anymore. People don't want to read 500+ word responses that say exactly the same thing that has been posted 500 times before. This site used to be fun now it's just pure tedium.

luckyPeterpiper wrote:

Boggersbelief wrote:LPP, I know he chose not to pay the players because he said so himself. Something along the lines of “I’m not putting any more money into the club because the fans don’t like me” the pathetic dweeb.

Sluffy the Buffoon..KA was the sole owner, of course it was his responsibility to fund the club. He’s a scumbag that has run bwfc into the ground.

Boggers, KA was NEVER the sole owner of the club. It was and remains a limited company. That means there must, by law be at least 3 shareholders. A sole tradership is an entirely different legal entity. In point of fact Ken was the majority shareholder but that doesn't make him personally liable for the club's debts.

Sluffy has pointed out to you many times that Ken Anderson is not and never was Bolton Wanderers Football Club and is not and never was obliged to pay any of its bills from his own personal pocket. His personal liability just like that of the other shareholders is limited to whatever he initially agreed to put into the business, something he did when he bought us and exceeded when he bought out DH and Sportshield. From that point on he'd met his legal obligations to BWFC and was entitled to keep the rest of his money in his pocket.

You mention when he said he wasn't putting any more money into the club because the fans wanted him out. Do you seriously blame him for that? If I was chairman of a club where the fans were calling me a criminal and scum and posting various threats on the internet I'm certain I wouldn't put one penny of my own personal money into it and why should I?

I'm not saying Ken is a saint by any means but you cannot keep saying he's obliged to pay for the club when he isn't. You cannot keep calling him a criminal without proof he's actually broken laws and you can't claim he should have bankrupted himself just because other people think he should.

I love Bolton Wanderers and have for more than forty years but there is no way in Hell I'd risk my own or my family's financial future to keep it afloat. At the end of the day it's a business and when businesses make losses, especially on the scale BWFC has only an idiot would keep throwing their own personal money in there. Whatever else may be said about KA he's not an idiot and he's already done what was legally required of him if not more. None of us have any right to expect anything more from him.

gloswhite wrote:Thanks Rammy. I shall remember that when I next win the lotto and make a bid for the club.

Boggersbelief wrote:The guy took out more than half a mill per year for him and his son. Tell me exactly what they’ve done to warrant a salary like that?

rogercpc wrote:Does anyone know whether or not there is a fixed timescale of events, leading to an announcement of who has bought the club etc? Another week/two weeks?

rogercpc wrote:Does anyone know whether or not there is a fixed timescale of events, leading to an announcement of who has bought the club etc? Another week/two weeks?

Cajunboy wrote:So we could  still be  ownerless when the new season begins on Friday 2nd August?

Cajunboy wrote:So we could  still be  ownerless when the new season begins on Friday 2nd August?

Growler wrote:If they put season tickets on sale that will be a positive sign, as they haven't there must be some doubts about getting to next season.

Natasha Whittam wrote:Chorley season tickets now on sale, £275 for adults.