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Bolton announce administration

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Comments

  • DaveMehmet
    DaveMehmet Posts: 21,593
    Would imagine the league will hammer them for this
  • Redrobo
    Redrobo Posts: 11,330
    Can we sign players from them? 
  • Sage
    Sage Posts: 7,277
    edited April 2019
    Redrobo said:
    Can we sign players from them? 
    Makes the transfer of Oztumer that we wanted in January even more bizarre. I bet he’s gutted he didn’t get the move, and I am sure we are disappointed too.

    Think I’ve said on here before, but I hate Bolton, and I don’t know why. Just really dislike them. 
  • newyorkaddick
    newyorkaddick Posts: 3,052
    Their new ‘owner’ is a total charlatan - doesn’t have a proverbial pot to urinate in.
  • LenGlover
    LenGlover Posts: 31,651
    edited April 2019
    Poor old Parky in the s*** once again.

    I don't approve normally of workers inconveniencing those who have no say or control over their plight but it sounds as if the Bolton staff have been left with little option in the circumstances.
  • newyorkaddick
    newyorkaddick Posts: 3,052
    Their remaining fixtures don’t have any impact on relegation or promotion so easy for EFL to give a 3-0 win to their opponents.

    However hard to see any outcome for BWFC other than liquidation.
  • EdgeleyAddick
    EdgeleyAddick Posts: 939
    As much as it is terrible to see, the club needs to face the consequences of being in so much debt. Its terrible for the fans, but there has to be consequences, otherwise the EFL loses any credibility as a competition. Football really is in a mess.
  • MrOneLung
    MrOneLung Posts: 26,841
    Would you work if not getting paid?

    good luck to them 
  • EdgeleyAddick
    EdgeleyAddick Posts: 939
    MrOneLung said:
    Would you work if not getting paid?

    good luck to them 
    No.

    Point I'm making is football finance is a busted flush below Premier level.

    Despite how decent their fans are, Bolton are not fit and proper. If you let them get away with it, then what's the point of professional football as competition??
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  • golfaddick
    golfaddick Posts: 33,622
    Hope that if they do go into administration then the 10 or 12 point deduction takes effect next season.
  • paulie8290
    paulie8290 Posts: 23,344
    Crazy stuff and I agree with others this could be the end of Bolton.

    Horrible for their fans

    But it shows the EFL are not fit for purpose, a 2nd tier team and ex top tier team that have had a game called of due to players striking over money owed and possible liquidation

    EFL TWATS
  • oohaahmortimer
    oohaahmortimer Posts: 34,145
    EdgeleyAddick said:
    MrOneLung said:
    Would you work if not getting paid?

    good luck to them 


    Point I'm making is football finance is a busted flush below Premier level.


    They wracked most of their old debt (around £150m) up in the Premier League ! 
    Football is a joke , all this get to the Premier League and make millions is bullshit.
    how many clubs actually make millions over a period of time ? 
    Which clubs are coining it in once all the players , transfer fees etc have been done , I don’t believe there’s much left for most teams .
    go up to prem spend nothing and go back down , isn’t that what happened at Blackpool .
    no one of sane mind should get involved .
    its so far out of hand now 
  • clb74
    clb74 Posts: 10,824
    A question though.
    We get new owners at our club , we are told were going to take a chance and throw money at trying to get into the premier league
    I wonder what percentage of our fans would worry about the consequences about it going tits up.

  • Crusty54
    Crusty54 Posts: 3,231
    clb74 said:
    A question though.
    We get new owners at our club , we are told were going to take a chance and throw money at trying to get into the premier league
    I wonder what percentage of our fans would worry about the consequences about it going tits up.

    There is a difference nowadays with caps on how much clubs can spend. 
  • se9addick
    se9addick Posts: 32,033
    Sage said:
    Redrobo said:
    Can we sign players from them? 
    Makes the transfer of Oztumer that we wanted in January even more bizarre. I bet he’s gutted he didn’t get the move, and I am sure we are disappointed too.

    Think I’ve said on here before, but I hate Bolton, and I don’t know why. Just really dislike them. 
    Get him in for the playoffs, he can be this years Neil Heaney!
  • se9addick
    se9addick Posts: 32,033
    EdgeleyAddick said:
    As much as it is terrible to see, the club needs to face the consequences of being in so much debt. Its terrible for the fans, but there has to be consequences, otherwise the EFL loses any credibility as a competition. Football really is in a mess.
    People in glass houses...
  • Athletico Charlton
    Athletico Charlton Posts: 14,273
    Crusty54 said:
    clb74 said:
    A question though.
    We get new owners at our club , we are told were going to take a chance and throw money at trying to get into the premier league
    I wonder what percentage of our fans would worry about the consequences about it going tits up.

    There is a difference nowadays with caps on how much clubs can spend. 
    You can still lose £40m over 3 years or something...easily enough to go bust
  • RedPanda
    RedPanda Posts: 4,986
    golfaddick said:
    Hope that if they do go into administration then the 10 or 12 point deduction takes effect next season.
    In general I don't think this is enough of a deterrent or punishment, points deductions are a cop out. In Italy they relegate teams multiple divisions and/or they end up liquidating and being reformed as an AFC equivalent. 10 or 12 points is barely a slap on the wrist and is unfair on clubs who do keep their finances in order. See Palace, Southampton, Leicester etc. 
  • blackpool72
    blackpool72 Posts: 23,668
    RedPanda said:
    golfaddick said:
    Hope that if they do go into administration then the 10 or 12 point deduction takes effect next season.
    In general I don't think this is enough of a deterrent or punishment, points deductions are a cop out. In Italy they relegate teams multiple divisions and/or they end up liquidating and being reformed as an AFC equivalent. 10 or 12 points is barely a slap on the wrist and is unfair on clubs who do keep their finances in order. See Palace, Southampton, Leicester etc. 
    Leicester were one of the biggest offenders not that many years ago .
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  • cafckev
    cafckev Posts: 2,914
    Unfortunately I can see them going under, then reforming under a new name and spending big again as they will be debt free.
     
  • golfaddick
    golfaddick Posts: 33,622
    RedPanda said:
    golfaddick said:
    Hope that if they do go into administration then the 10 or 12 point deduction takes effect next season.
    In general I don't think this is enough of a deterrent or punishment, points deductions are a cop out. In Italy they relegate teams multiple divisions and/or they end up liquidating and being reformed as an AFC equivalent. 10 or 12 points is barely a slap on the wrist and is unfair on clubs who do keep their finances in order. See Palace, Southampton, Leicester etc. 
    Totally agree. Scandal how Southampton got out of their debts & managed to finance a promotion the following season when their creditors got something like 10p in the £. 
  • Simonsen
    Simonsen Posts: 5,498
    clb74 said:
    A question though.
    We get new owners at our club , we are told were going to take a chance and throw money at trying to get into the premier league
    I wonder what percentage of our fans would worry about the consequences about it going tits up.


    The older ones who lived through the Mark Hulyer days for a start.

  • smudge7946
    smudge7946 Posts: 4,131
    Redrobo said:
    Can we sign players from them? 
    I think contracts are null and void if wages are missed twice.
    Rangers had a similar situation 

  • WelshAddick
    WelshAddick Posts: 1,321
    They should be demoted to league 2. Also any club that enters administration should also have to restart in league 2. 
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    clb74 said:
    A question though.
    We get new owners at our club , we are told were going to take a chance and throw money at trying to get into the premier league
    I wonder what percentage of our fans would worry about the consequences about it going tits up.

    What about a new owner who down graded the academy, scrapped the u23s, closed the east stand, sold naming rights to the Valley and halved the 1st team playing budget?


  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    The only solution in my opinion is either spread the premier league money more fairly among the 92 clubs (not going to happen) or say that every club must submit a financial forecast every April, for the current season.  If they aren't breaking even, as a mimium they are docked 20 points that season. If they are found to have lied or mislead in this statement they get kicked out the league, no ifs, no buts. 
  • _MrDick
    _MrDick Posts: 13,103
    Just listening to Radio5 Live and they’re discussing the Bolton situation. Evidently, the EFL have suggested that Bolton play the kids just to fulfil the fixtures against Brentford and Forest. So, in effect they’re asking the kids to cross a ‘picket line’ just so that they don’t have to make a decision on what sanctions to imply in the event of not fulfilling fixtures. Not fit for purpose, are the EFL. How can we expect them to help with our situation if that’s the way they think ... huh 
  • kigelia
    kigelia Posts: 2,582
    clubs need to stop paying their players more than they can afford and present it as such to their fans. Sadly until all clubs are willing to spend only what they can afford this will continue to happen. 

    Nothing will happen. Bolton 2019 will be created, take the current clubs place and the merry go round of owners will go again. And it twelve months time the same discussions will happen with another club. 




  • killerandflash
    killerandflash Posts: 69,841
    It's really lucky that Bolton aren't playing anyone with something to play for. Imagine the mess if they were due to play Leeds or Sheffield United

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