• We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies from this website. Read more here

More problems at Bolton Wanderers

DB9

Very well known Exeweb poster
Joined
Jun 19, 2005
Messages
24,495
Location
Hampshire. Heart's in N Devon
Todays game against Ipswich there were just under 5500 supporters there including away fans, Someone should take note, Bolton fans have had enough and are voting with their feet
 

DB9

Very well known Exeweb poster
Joined
Jun 19, 2005
Messages
24,495
Location
Hampshire. Heart's in N Devon
Bolton given a deadline of Tuesday to complete the proposed takeover or could face explusion from the league

 

Hants_red

Admin
Staff member
Joined
May 27, 2007
Messages
62,049
Location
League 1
So, the end of Bolton Wanderers is one step nearer :(:mad:

 

exeter-loyal

Active member
Joined
Jun 2, 2018
Messages
1,003
Terrible, top flight clubs that are around Bolton and Bury you'd think someone might help. Disgusting how money has taken over in the top leagues these days. You got 2 clubs suffering and across the road you have big clubs splashing cash like no tomorrow, bad times coming.
 

Oldsmobile-88

Very well known Exeweb poster
Joined
Feb 11, 2005
Messages
26,944
Location
In RaWZ we trust....Amen.
Terrible, top flight clubs that are around Bolton and Bury you'd think someone might help. Disgusting how money has taken over in the top leagues these days. You got 2 clubs suffering and across the road you have big clubs splashing cash like no tomorrow, bad times coming.
I understand the sentiment but if MC or MU bailed the clubs out & the clubs mentioned somehow avoided relegation this season,the clubs that did get relegated would be fuming about the help given to their ultimate detriment..(plus line the pockets of the goons who got the clubs into the insolvent position in the first instance)
 

DB9

Very well known Exeweb poster
Joined
Jun 19, 2005
Messages
24,495
Location
Hampshire. Heart's in N Devon
Terrible, top flight clubs that are around Bolton and Bury you'd think someone might help. Disgusting how money has taken over in the top leagues these days. You got 2 clubs suffering and across the road you have big clubs splashing cash like no tomorrow, bad times coming.
Do you think they should lend Bolton money? I'd be pretty sure there would be rules against this plus other clubs who say they run their clubs properly would wonder why these clubs got help for basically mismanaging their financial affairs that got them to this stage, I have every sympathy for Bury & Bolton but having other clubs help them out, Be it fianacially or lending players other clubs would cry foul
 

iscalad

Very well known Exeweb poster
Joined
Aug 22, 2007
Messages
26,146
Location
Far away across the field
Not good

 

David Treharne

Active member
Joined
Apr 1, 2004
Messages
3,442
Location
Exeter, Devon
Sorry, but I'll reiterate what I said in the Bury thread - the problem remains the EFL. It ought to be run by hard nosed business people who instigate proper procedures to check potential new owners, insist that grounds are not 'sold' to asset strippers and be firm over the application of the financial regulations that they already have in place. So far there's been the usual outpourings of "the Club are too well established/old/previous FA Cup winners" but little decisive action. If it's not one of these two, as other have pointed out it'll be another couple of Clubs before the end of the season. I do sympathise with the fans, but it's still too easy for potential owners to promise the world and deliver nothing.
 

DB9

Very well known Exeweb poster
Joined
Jun 19, 2005
Messages
24,495
Location
Hampshire. Heart's in N Devon
Sorry, but I'll reiterate what I said in the Bury thread - the problem remains the EFL. It ought to be run by hard nosed business people who instigate proper procedures to check potential new owners, insist that grounds are not 'sold' to asset strippers and be firm over the application of the financial regulations that they already have in place. So far there's been the usual outpourings of "the Club are too well established/old/previous FA Cup winners" but little decisive action. If it's not one of these two, as other have pointed out it'll be another couple of Clubs before the end of the season. I do sympathise with the fans, but it's still too easy for potential owners to promise the world and deliver nothing.
Do you think this is why when the Premier League was formed it those clubs in it at the time resigned from the FL? Much as we hate the EPL those in charge of it have branded into the most succssful and watched league in the world with billions in TV and sponsership revenue. The main problem is those clubs who get promoted and aren't really ready for it throw money at players who are either past it or journeymen, It doesn't work out and they get relegated but still have those players on long, lucrutive contracts, Sunderland now in L1 was paying one player £70k pw, Portsmouth were paying players £50+ per week while they were going down the divisions. Perhaps its these chairmen who promise the fans the earth and the fans once they're in say the EPL want instant success. The EPL have business men in charge and are ruthless in get their way while it sems the EFL still have the old boys with cigars in a boardroom running things and have not moved with the times
 

Oldsmobile-88

Very well known Exeweb poster
Joined
Feb 11, 2005
Messages
26,944
Location
In RaWZ we trust....Amen.
Taken from the BBC site

Bolton Wanderers are on the brink of liquidation after the latest deal to buy the club collapsed.
The League One club has until 17:00 BST on Tuesday to complete the sale or offer reasons for an extension, or face expulsion from the EFL.
But administrators say the 145-year-old club is not in a position to carry on trading and "the process of closing down" could start on Wednesday.
That would lead to its liquidation and the loss of over 150 jobs.
Paul Appleton, joint administrator for Bolton Wanderers, said the deal collapsed on Saturday, and despite working around the clock since, they are still some way from reaching a solution.
He said in a statement: "Unless there is a change of position from any of the parties involved, the process of closing down the club and ultimately placing Bolton Wanderers into liquidation will begin this week."
The EFL said that if Bolton, one of the founder members of the Football League in 1888, cannot complete the club's sale or provide credible plans to continue, they will be served with a 14-day notice for their expulsion from the league.
But that may prove irrelevant if the club, which finished in the Premier League's top 10 and competed in the Uefa Cup 12 years ago, ceases to exist.
The club has been in administration since May, saw manager Phil Parkinson quit in midweek and conceded five goals for a third consecutive game in front of a record low crowd at the University of Bolton Stadium on Saturday.
EFL 'disappointed' by collapse
EFL executive chair Debbie Jevans said on Sunday: "What is really disappointing is that on Saturday morning, our understanding was that all the parties involved had signed off and the deal was going to be completed yesterday morning.
"Then something happened, a signature wasn't provided and therefore it was postponed again. This is incredibly frustrating. It has been going on for months."
Describing the collapse, Appleton added: "At this stage, there seems little point in apportioning blame because that makes no difference to the staff, players, management, supporters and the community who have once more seen their club taken back to the brink.
 
Top