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Heard a rumour at the weekend - Bolton about to go into Administration
Comments
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I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way1
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What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.7 -
Athletico Charlton said:
What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.
Well I agree, but it is something that needs to be tackled by all Trusts together. But when we went to the Supporters Summit in July, there were various seminars including one titled something like "sharing the TV riches", which I attended. This was led by FSF people (Kevin Miles) rather than Supporters Direct. I thought it would be about how the TV money is distributed to the clubs, but it turned out to be about Twenty's Plenty. Then Rhys from the Brentford Trust stood up and laid into them, pointing out that it was fine for FAPL clubs to bang on about that, but clubs like Brentofrd need to charge away fans a bit more because they aren't getting any TV money to speak of. And they basically just tried to patronise him and move on. So I got up and supported him. And still they didn't get it. Kevin Miles is a good bloke, I think, but he treated Rhys and I like we were gatecrashing hooligans who didn't know how to behave.
And that's the trouble. Most English fans can't see how the existence of the FAPL as a separate entity has completely fecked the whole game.
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Or perhaps a Championship Club CEO who is a qualified lawyer specialising in competition law in sport might look into it? Sorry, mad idea...Athletico Charlton said:
What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.
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I do agree with that but I bought it up once at a supports trust AGM I think with RM in attendance and he kind of brushed it off saying it was something for the Trust as the club had too much of a vested interest if I remember rightly.Weegie Addick said:
Or perhaps a Championship Club CEO who is a qualified lawyer specialising in competition law in sport might look into it? Sorry, mad idea...Athletico Charlton said:
What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.0 -
How much of a loss was we running at pre RD, How much money did good people lose and have to right off to keep us a float
How much money does every club lose in the championship
How much would we have lost with the pitch being how it was
How much would we lose if sparrows stated the same tin pot 1980 training facilities
It's very easy to expect someone to pump more millions in because the prem gravy train is on the horizon when its not your money,
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Why would Roland bother , it makes no sense unless he's trying to prove something through this experiment
When you state what he has done pumping millions in to this that and the other to try and improve us
and you see the discontent the current ownership have brought among plenty of fans , then they are clearly not going about things in the right manner , players and managers in/out , poor communications with fans being the most obvious area of pissedoffness from fans
It's all too bizarre6 -
When we were in the FAPL Richard Murray was one of the small group of chairmen who argued for a more equitable share of TV money down the first two divisions. This is all clearly documented in Tom Bower's book "Broken Deams". I can't remember exactly what he said that evening, but I am sure that he meant to say that one club cannot do it on tis own, it will be slaughtered by the self-interest of the others - and he has learnt this from his FAPL time. And what I was trying to say above is that neither can one Trust on its own. It has to be a collaborative effort across clubs and Trusts. But English football has not been good at that, unlike that in Germany. And look at the results...Athletico Charlton said:
I do agree with that but I bought it up once at a supports trust AGM I think with RM in attendance and he kind of brushed it off saying it was something for the Trust as the club had too much of a vested interest if I remember rightly.Weegie Addick said:
Or perhaps a Championship Club CEO who is a qualified lawyer specialising in competition law in sport might look into it? Sorry, mad idea...Athletico Charlton said:
What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.
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The communication, mgmt rotating door all valid points in my opinion to have a moan up about, but I think there is a lot of people who want player investment over all else and that's the yard stick he is being measured against, and I guess that's the issues uky have to face up to if you own a club.2
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So no one bothers ? I would have thought it would be pretty easy to get many of the Championship clubs Trusts involved.PragueAddick said:
When we were in the FAPL Richard Murray was one of the small group of chairmen who argued for a more equitable share of TV money down the first two divisions. This is all clearly documented in Tom Bower's book "Broken Deams". I can't remember exactly what he said that evening, but I am sure that he meant to say that one club cannot do it on tis own, it will be slaughtered by the self-interest of the others - and he has learnt this from his FAPL time. And what I was trying to say above is that neither can one Trust on its own. It has to be a collaborative effort across clubs and Trusts. But English football has not been good at that, unlike that in Germany. And look at the results...Athletico Charlton said:
I do agree with that but I bought it up once at a supports trust AGM I think with RM in attendance and he kind of brushed it off saying it was something for the Trust as the club had too much of a vested interest if I remember rightly.Weegie Addick said:
Or perhaps a Championship Club CEO who is a qualified lawyer specialising in competition law in sport might look into it? Sorry, mad idea...Athletico Charlton said:
What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.
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Not sure if that was a response to my post? I get your point and RD behind the scenes has done/is doing some good things. Where they seem to let themselves down is a terribly inexperienced, and worse, incompetent CEO who did not get the need to communicate with fans and the like and a revolving door management policy.nth london addick said:How much of a loss was we running at pre RD, How much money did good people lose and have to right off to keep us a float
How much money does every club lose in the championship
How much would we have lost with the pitch being how it was
How much would we lose if sparrows stated the same tin pot 1980 training facilities
It's very easy to expect someone to pump more millions in because the prem gravy train is on the horizon when its not your money,
Losing money I have no sympathy with him on, he is a multi millionaire / billionaire and had enough money to pay top rate people to do proper due diligence who would have told him he would need to write off £5-10M each and every season just to survive / stand still. He still bought us. Being as successful as he has been he should have a damn good plan and pathway to success.7 -
Well the problem is that the Championship Trusts support clubs that are not part of a completely separate commercial entity. What exactly can they do? To whom do they protest?Athletico Charlton said:
So no one bothers ? I would have thought it would be pretty easy to get many of the Championship clubs Trusts involved.PragueAddick said:
When we were in the FAPL Richard Murray was one of the small group of chairmen who argued for a more equitable share of TV money down the first two divisions. This is all clearly documented in Tom Bower's book "Broken Deams". I can't remember exactly what he said that evening, but I am sure that he meant to say that one club cannot do it on tis own, it will be slaughtered by the self-interest of the others - and he has learnt this from his FAPL time. And what I was trying to say above is that neither can one Trust on its own. It has to be a collaborative effort across clubs and Trusts. But English football has not been good at that, unlike that in Germany. And look at the results...Athletico Charlton said:
I do agree with that but I bought it up once at a supports trust AGM I think with RM in attendance and he kind of brushed it off saying it was something for the Trust as the club had too much of a vested interest if I remember rightly.Weegie Addick said:
Or perhaps a Championship Club CEO who is a qualified lawyer specialising in competition law in sport might look into it? Sorry, mad idea...Athletico Charlton said:
What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.
We discovered that in fact that leaders of Trusts from FAPL clubs are very decent people who recognise the problem. But how do they sell the following idea to their fanbase:
"We believe that next year we should get 30% less revenue from TV rights. So you can forget the idea of signing Benteke or Kane. But you can feel good that we are saving the likes of Charlton from financial meltdown"
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Murray communicated, most of it bollox In the end and most taken with a pinch of salt, an experienced chairman with an experienced ceo,
I don't think anyone should feel sorry for an owner or chairman,
But nor should they just he expected to piss money into the club on players either0 -
If you are complaining about anti competition from the Pl parachute payments I would have thought the last place you would complain to is the PL or their clubs. Like you say, little point, you will be brushed aside. Go straight to the law courts. There must be qualified lawyers out there who are fans of clubs like ours you could pull together.PragueAddick said:
Well the problem is that the Championship Trusts support clubs that are not part of a completely separate commercial entity. What exactly can they do? To whom do they protest?Athletico Charlton said:
So no one bothers ? I would have thought it would be pretty easy to get many of the Championship clubs Trusts involved.PragueAddick said:
When we were in the FAPL Richard Murray was one of the small group of chairmen who argued for a more equitable share of TV money down the first two divisions. This is all clearly documented in Tom Bower's book "Broken Deams". I can't remember exactly what he said that evening, but I am sure that he meant to say that one club cannot do it on tis own, it will be slaughtered by the self-interest of the others - and he has learnt this from his FAPL time. And what I was trying to say above is that neither can one Trust on its own. It has to be a collaborative effort across clubs and Trusts. But English football has not been good at that, unlike that in Germany. And look at the results...Athletico Charlton said:
I do agree with that but I bought it up once at a supports trust AGM I think with RM in attendance and he kind of brushed it off saying it was something for the Trust as the club had too much of a vested interest if I remember rightly.Weegie Addick said:
Or perhaps a Championship Club CEO who is a qualified lawyer specialising in competition law in sport might look into it? Sorry, mad idea...Athletico Charlton said:
What is the RD way? To never get promoted, keep running up annual losses of £5-7M whilst flirting with relegation. Already something like £45M in debt. RD's way gets us bust, just a little slower and with less chance of him writing it all off at the end.nth london addick said:I'd say a high % of those protesting against RD and his views would rather we had an owner willing to write off the best part of 200 Mil and still be in the championship, than the RD way
That's not to say I don't agree with it entirely, it is a consequence of the madness of the Championship which is a mad bubble which will see many clubs go under in the next 10 yrs or so I should think as owners get bored with it all and an ever fading chance of PL money as parachute payments grow.
I genuinely think the Trust should look into PL parachute payments and how they work with anti competition law.
We discovered that in fact that leaders of Trusts from FAPL clubs are very decent people who recognise the problem. But how do they sell the following idea to their fanbase:
"We believe that next year we should get 30% less revenue from TV rights. So you can forget the idea of signing Benteke or Kane. But you can feel good that we are saving the likes of Charlton from financial meltdown"
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Plus, being completely separate legal entities surely plays into the FL hands to an extent. When FPP was around I think I am right the PL said that if fines were being paid by rule breaking clubs they could not be shared amongst the league clubs but had to go to charity. They butted their oar into the FL essentially. Therefore, simply persuade the FL to ban the PL from giving parachute payments. Suddenly a lot of lower end PL clubs will get very twitchy I should think.0
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Players still to be paid for the month
http://www.bwfc.co.uk/news/article/club-statement-2828518.aspx0 -
Not looking good0
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This announcement from BWFC also today:
"Total amount paid to agents in the period 1 October 2014 to 30 September 2015: £964,869".
Bonkers. Perhaps the cash-strapped players could ask their agents for a loan?8 -
Dorian Devite and Lawrie Wilson got the short straw in going down south to Bolton, unlike Dale Stephens who in heading back to his roots up north in Brighton, has picked a winner.14
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I suspect this is still less than the players monthly wage billcafcfan said:This announcement from BWFC also today:
"Total amount paid to agents in the period 1 October 2014 to 30 September 2015: £964,869".
Bonkers. Perhaps the cash-strapped players could ask their agents for a loan?
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i'm assuming if they do go bust then there will be a knock-on with other clubs being owed money?0
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1-1 draw tonight
http://www.theboltonnews.co.uk/sport/13949372.Lennon_is_right_back_where_he_started_with_defensive_quandary/
Interestingly, it seems that Wilson is out of favour there already, as Lennon said“Lawrie (Wilson) is just out of favour. He’s had his ups and downs"
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Could go into voluntary administration by this friday and lose 12 points. Unless a buyer is found. 750,000 owed to players and staff with the PFA not assisting at this stage.0
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Multi Millionaire Chinese buyer in for them *sigh*0
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Least they'll get three points on December 15thshirty5 said:Could go into voluntary administration by this friday and lose 12 points. Unless a buyer is found. 750,000 owed to players and staff with the PFA not assisting at this stage.
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Owe £600k in unpaid taxes and facing winding up order.
http://www.bbc.co.uk/sport/0/football/350340770 -
Are there any bookies offering odds on Bolton playing in the Premier League on or before August 2020?Dansk_Red said:Owe £600k in unpaid taxes and facing winding up order.
http://www.bbc.co.uk/sport/0/football/350340774 -
is Dorian Dervite still decent?
If so January loan? doubt they could turn it down...4 -
Couldnt bring myself to 'lol' this.IA said:
Are there any bookies offering odds on Bolton playing in the Premier League on or before August 2020?Dansk_Red said:Owe £600k in unpaid taxes and facing winding up order.
http://www.bbc.co.uk/sport/0/football/350340770 -
So, reckon Bolton and Rotherham are likely for the drop - we need someone else to go into Admin, or have points deducted for something!2
