So thats a 12 point deduction for the start of next season, and thats before their punishment from the EFL is decided for failing to fulfil the fixture with Brentford. They can expect a maHOOsive points clobbering for that.
If they manage to limp on through administration and find a buyer, then...
The irony being that Boro were relegated that season due to the points deduction. If they'd have just turned up and LOST (and got zero points), then they'd have been safe.
But really this is a totally different situation. Bolton are in complete financial meltdown, and this is new territory. I...
That doesn't really wash. Sure, we've seen Championship clubs overstretch and bet the farm on getting promoted to the PL. But the teams you listed, your York Citys and Rusden & Diamonds, would never have had any PL pretensions. Of course lower league and non-league clubs have ambitions of...
I gather there's now an 11th hour deal being put in place over this loan, so if that gets agreed then they'll avoid going into administration (and getting clobbered by a 12 point penalty + 2 year suspension from the transfer market). That would be crackers over a measely £4m.
As an aside, its quite amazing that they're going into administration over a loan of less than five million quid - thats buttons in todays terms, or certainly should be for a Championship club of their size. Its not even owed to HMRC this time.
I gather the overall debt is around £13m. Shirley...