Heading for administration ?
https://www.theboltonnews.co.uk/new...rers-could-be-in-administration-within-hours/
https://www.theboltonnews.co.uk/new...rers-could-be-in-administration-within-hours/
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[Football] Bolton Wanderers on the Brink?
- Thread starter Boys 9d
- Start date
clapham_gull
Legacy Fan
- Aug 20, 2003
- 25,309
Me and my Monkey
Well-known member
- Nov 3, 2015
- 3,342
Maybe I'm being a bit thick, but I've never understood why clubs in such dire straights get huge point deductions as well. I'm not sure who it helps - it's almost as if the ELF are keen to inflict that killer blow.
Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
Interesting comments from the chairman, it looked to me like they were on the way back, sad times for Bolton fans. We all know what they must be going through.
Horses Arse
Well-known member
To pur off clubs like palace, Leicester etc that use administration as a strategy for development.
Weren't Bolton the club advocating a closed shop in the premier league? What comes around goes around I guess.
Football has been ruined by the premier league and the greed that it generates.
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Dean Holdsworth has a lot to answer for as he arranged the initial borrowings that created this mess.
Current chairman Ken Anderson charged the club £525,000 in ‘consultancy’ fees, and managed to persuade the club to pay his son’s company a further £125,000....which was nice.
Current chairman Ken Anderson charged the club £525,000 in ‘consultancy’ fees, and managed to persuade the club to pay his son’s company a further £125,000....which was nice.
Yes. Its not as if that if they don't get punsished they get away with not paying creditors, bimbling on, and maybe getting into the PL.
Oh.
Cheshire Cat
The most curious thing..
What is the land referred to? Is that the stadium?
jonnyrovers
mostly tinpot
Elves have got their moral compass set a bit differently to us humans. Mercy just isn’t a concept they understand. Pixies on the other hand are a more forgiving lot.
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Bold Seagull
strong and stable with me, or...
Clubs were going to the wall well before the Premier League. Go to a National, Conference North/South game and the game has never looked so healthy in the lower tiers. The Premier League is it’s own evil beast, but not sure all football’s woes can be blamed on it.
Green Cross Code Man
Wunt be druv
My brother in law works for them. He operates the car parks and is often running about as Lofty the Lion prior to kick-off. It seems this situation just won't go away as it's been going on for years and years. I feel very sorry for the employees and fans.
You’d think the Chairman would do a ‘deal’ with his own club for a bit of consultation? Reminds me of Stanley’s interest rates! It’s almost as if they want the club to go into administration?
Horses Arse
Well-known member
Acrington Stanley and aldershot - can't think of others tbh. Others were relegated but that's just football surely. Palace x 3, pompey, Leicester are a very different size of club and would have gone in a much shorter time period.
Good to hear that 'non league is healthy, championship certainly isn't and id imagine more will follow Bolton.
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As mentioned on another thread the other day, 'Arry is a convenient scapegoat but it's little to do with him. He's managed clubs that didn't go into administration, West Ham and Bournemouth for example (yes, I know Bournemouth did but that was more than 20 years after he left) and there are dozens of clubs where he's not been who have suffered.
It's little to do with the managers: they'll spend what they're allowed to spend, it's all down to owners/CEOs
Look at the date when their nice stadium was completed.
They're doing it back to front from us, going tits up after a new stadium is built. The biggest asset is the stadium itself, can't see the land exactly being prime Real Estate.
http://www.stadiumguide.com/reebok/
They're doing it back to front from us, going tits up after a new stadium is built. The biggest asset is the stadium itself, can't see the land exactly being prime Real Estate.
http://www.stadiumguide.com/reebok/
AmexRuislip
Trainee Spy 🕵️♂️
Bold Seagull
strong and stable with me, or...
Charlton, Middlesborough, Tranmere, Newport County, Walsall, Northampton Town, Kettering Town, Aldershot, Maidstone United: all went into administration before or in 1992.
The Insolvency Act was only passed in 1986, so administration wasn't really governed until then. Some more recent examples like Darlington have little to do with the Premier League and a lot to do with idiot owners, like building a 25k capacity stadium when your football club has only ever averaged about 1,500 to 2000 fans.