More problems at Bolton Wanderers

DB9

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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
 

exeter-loyal

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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

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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

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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
 

David Treharne

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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

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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

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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.
 

i8cornwall

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When did you and other Bolton fans get an inkling that all was not well with the takeover or are you shocked as aeveryone else?
This has been coming for months to be honest, it's not much of a surprise to us who follow the club. The time scale is a shock but might be best then the long drawn out two weeks that Bury had to go through. It's not nice and has now fully hit home today that the club I've followed (along with city) since a child might be no more. Even fans who have said all along that we will be reet (or alright) and now starting to panic which is worrying!
 

DB9

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This has been coming for months to be honest, it's not much of a surprise to us who follow the club. The time scale is a shock but might be best then the long drawn out two weeks that Bury had to go through. It's not nice and has now fully hit home today that the club I've followed (along with city) since a child might be no more. Even fans who have said all along that we will be reet (or alright) and now starting to panic which is worrying!
Your club will not die, Maybe in this guise but an "AFC Bolton" will rise from the ashes of this mess, Look at Rangers in Scotland, They went into liquidation, Although they still ended up staying in the league but L2 in Scotland will be the equivalent of where a new Bolton will play
 

i8cornwall

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Your club will not die, Maybe in this guise but an "AFC Bolton" will rise from the ashes of this mess, Look at Rangers in Scotland, They went into liquidation, Although they still ended up staying in the league but L2 in Scotland will be the equivalent of where a new Bolton will play
I am taking comfort in that, there doesn't seem to be much hunger for a AFC Bolton but I think somthing would be formed to fill the gap left by the club.
 

DB9

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I am taking comfort in that, there doesn't seem to be much hunger for a AFC Bolton but I think somthing would be formed to fill the gap left by the club.
There will be an appetite to do something, Bolton have a big fanbase, I'm sure some sort of figurehead would come to the fore to galvanise the fans
 

Hants_red

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Bolton sold, and so one hopes their nightmare is at an end


and the EFL statement

 

DB9

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Good news for Botlon and one only Bury fans can look on in envy, I just hope that this is the real deal and they don't find themselves in a similar position down the line again as they have in the past, I'm very happy for fans like i8cornwall that their club has survived and hopefully they can enjoy the rest of the season and beyond. Still not sure what the EFL will do for postponing their recent fixture but this is a minor detail
 

i8cornwall

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Good news for Botlon and one only Bury fans can look on in envy, I just hope that this is the real deal and they don't find themselves in a similar position down the line again as they have in the past, I'm very happy for fans like i8cornwall that their club has survived and hopefully they can enjoy the rest of the season and beyond. Still not sure what the EFL will do for postponing their recent fixture but this is a minor detail
Thank you for your kind words.

I never want to go through that again. Hopfuly this is a new brighter future for the club, the new owners seems to want to run us in the right way and the future chairman is a local lad done good which helps.

I think this should ultimately be the start of fans of all the EFL clubs calling and demanding change via protest and lobbying supporters trust etc to achieve this, id imagine/hope saturday is the starting point of this. We are incredibly lucky at City and somthing till this last week somthing i took for granted and activly questioned at times.

Just hope Bury demise won't be swept under the carpet.
 

DB9

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Thank you for your kind words.

I never want to go through that again. Hopfuly this is a new brighter future for the club, the new owners seems to want to run us in the right way and the future chairman is a local lad done good which helps.

I think this should ultimately be the start of fans of all the EFL clubs calling and demanding change via protest and lobbying supporters trust etc to achieve this, id imagine/hope saturday is the starting point of this. We are incredibly lucky at City and somthing till this last week somthing i took for granted and activly questioned at times.

Just hope Bury demise won't be swept under the carpet.
Your last sentence i8, I feel in a couple of weeks it will be a case of "Bury who?"
 
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