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Author Topic: The "it could actually be worse" thread ....  (Read 444484 times)
Reg Smeeton
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« Reply #375 on: Wednesday, May 1, 2019, 09:02:26 »

Largely being dismissed as bollocks here on the Fylde but I suppose you never know. Andrew Pilley seems to be the favoured choice amongst Blackpool fans, if he can somehow get around the whole conflict of interest thing. He's currently chairman and owner of Fleetwood but is rumoured to have handed over to a family member.

Ooh sounds like the halcyon days of when Maxwell funded Oxford on the back of embezzling the pension fund of the Mirror workers, he then acquired Derby in his son's name. 

I always thought we dodged a bullet when Cap'n Bob wanted Thames Valley Royals at Didcot, in a new build stadium.

As it transpired would have been about ripe for the Prem, and could have meant a power house club 20 mins down the line from Swindon.

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tans
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« Reply #376 on: Thursday, May 2, 2019, 20:05:27 »

https://www.bwfc.co.uk/news/2019/may/club-statement/
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Batch
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« Reply #377 on: Thursday, May 2, 2019, 20:07:40 »

oops. administration beckons. which may actually be better
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Private Fraser

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« Reply #378 on: Friday, May 3, 2019, 12:02:46 »

Bolton v Brentford has been binned!

https://twitter.com/skysportsnews/status/1124278531809337344?s=21

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Peter Venkman
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« Reply #379 on: Friday, May 3, 2019, 12:11:43 »

Southend.

https://www.bbc.co.uk/sport/football/48134629

Gateshead FC in financial trouble too.

https://www.bbc.co.uk/sport/football/48134461

And down here Yeovil takeover almost completed, being bought by an American Rob Couhig who has been bankrupt already twice in the US, it doesn't bode well for them.
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« Reply #380 on: Friday, May 3, 2019, 12:28:33 »

The FL really need to do something - but of course we all know they wont, that's probably 2 clubs, maybe 3 that may end up in administration in the next few weeks, then include Blackpool as well
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pauld
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« Reply #381 on: Friday, May 3, 2019, 12:39:12 »

The FL really need to do something - but of course we all know they wont, that's probably 2 clubs, maybe 3 that may end up in administration in the next few weeks, then include Blackpool as well
Let's not forget Coventry with their ongoing ground issues, Bury are in real financial trouble despite doing well on the pitch and Macclesfield are also struggling on and off the pitch, 3rd successive month they've not been able to pay players on time
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Peter Venkman
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« Reply #382 on: Friday, May 3, 2019, 12:42:45 »

The FL really need to do something - but of course we all know they wont, that's probably 2 clubs, maybe 3 that may end up in administration in the next few weeks, then include Blackpool as well
Bury could be in admin in the next few weeks too, the list is almost endless of clubs in real financial trouble.
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Flashheart

« Reply #383 on: Friday, May 3, 2019, 12:43:19 »

Thank fuck we have Power at the helm  Wink
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The Artist Formerly Known as Audrey

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« Reply #384 on: Friday, May 3, 2019, 12:53:25 »

That Bassini fella who tried to buy Bolton but didn’t actually have a pot to piss in and was just a front man for God knows who is very similar to the piss stains and that little Thai fella.

A real mystery as to who actually is financing - or, judged by the number of winding up orders, not financing - them.

I can’t believe how football clubs are allowed to operate with such flimsy evidence of ownership. All this non disclosure of transfer fees and other financial shenanigans seem to be normal practice for some reason.

No wonder lower league football clubs are seen as the perfect vehicles for money laundering.
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RobertT

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« Reply #385 on: Friday, May 3, 2019, 12:58:12 »

Indeed, one reason a loss making football club isn't really an issue for them - any funds cleared are good for business.  Loan this business "money", get regular payments in return with a bit of interest - maybe you end-up being defaulted on, but by then you've washed enough to have made it worthwhile.  Oxford seem to have their problems entirely because that funding is coming from outside the country when bills are due - the club, like most at this level, doesn't have enough cash to cover it's own bills.  Normally you'd have someone in country chucking some investment in or loaning money, but they have to keep getting funds from abroad sent through which get stuck.
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horlock07

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« Reply #386 on: Friday, May 3, 2019, 13:23:17 »

Curiouser and curiouser said Alice....

https://www.theboltonnews.co.uk/sport/17616718.efl-confirm-laurence-bassinis-status-at-bolton-wanderers/
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horlock07

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« Reply #387 on: Friday, May 3, 2019, 13:34:41 »


Gateshead FC in financial trouble too.

https://www.bbc.co.uk/sport/football/48134461


Be sad if anything befalls the Mighty Heed, spent a happy couple of seasons regularly watching them!
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RobertT

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« Reply #388 on: Friday, May 3, 2019, 15:07:52 »

Bolton allegedly owe FGR up to 600k in unpaid wages for Doidge!  Surely that must include the original transfer fee they were going to pay after the loan?  If not, that may explain FGR's position in the table.
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horlock07

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« Reply #389 on: Friday, May 3, 2019, 15:11:26 »

Bolton allegedly owe FGR up to 600k in unpaid wages for Doidge!  Surely that must include the original transfer fee they were going to pay after the loan?  If not, that may explain FGR's position in the table.

I mentioned up thread that Bolton never paid Doidge a penny, his wages all the time he was at Bolton were still being paid by FGR.
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