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Author Topic: The "it could actually be worse" thread ....  (Read 444261 times)
Dr Pierre Chang
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« Reply #405 on: Friday, May 3, 2019, 17:21:17 »

Didn’t a club - Luton(?) - get docked 20-odd points once or am I dreaming that?

Bolton’s debts £46m - is dwarfed during Pompey’s demise when they owed £135m. Although they probably still had oodles of parachute payments still coming through.

Almost guarantee now that Bolton will go into admin and get docked points for next season. Cue some other shark to take them over for fuck all and continue to suck any money they can get their hands on.

I thought FFP was supposed to cap these sort of debts from piling up.
30 points was Luton’s penalty!
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The Artist Formerly Known as Audrey

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« Reply #406 on: Friday, May 3, 2019, 17:22:39 »

30 points was Luton’s penalty!
Lordy!
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pauld
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« Reply #407 on: Friday, May 3, 2019, 20:07:56 »

Bolton’s debts £46m - is dwarfed during Pompey’s demise when they owed £135m. Although they probably still had oodles of parachute payments still coming through.

Almost guarantee now that Bolton will go into admin and get docked points for next season. Cue some other shark to take them over for fuck all and continue to suck any money they can get their hands on.

I thought FFP was supposed to cap these sort of debts from piling up.
There's quite a good piece in the Bolton News about how it's more cash flow than debts that have caused the problems:

https://www.theboltonnews.co.uk/sport/17606012.cash-flow-has-pushed-bolton-wanderers-to-the-very-edge/
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« Reply #408 on: Friday, May 3, 2019, 20:33:52 »

30 points was Luton’s penalty!

Leeds also got docked points IIRC. Not sure what for and cannot be bothered to google it.
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@mwooly63

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« Reply #409 on: Friday, May 3, 2019, 22:59:54 »

Leeds also got docked points IIRC. Not sure what for and cannot be bothered to google it.

15 pts 2007 for exiting administration without a cva
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« Reply #410 on: Saturday, May 4, 2019, 04:30:09 »

15 pts 2007 for exiting administration without a cva

Cheers mate. On that bombshell, don’t we win the star prize for a FL/FA punishment beating?
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reeves4england

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« Reply #411 on: Tuesday, May 7, 2019, 13:27:22 »

Port Vale bought out, along with the ground. Good news for the club.

https://www.bbc.co.uk/sport/football/48188086

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horlock07

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« Reply #412 on: Tuesday, May 7, 2019, 13:49:22 »

The soap opera continues.... https://www.theboltonnews.co.uk/sport/17622994.bolton-wanderers-supporters-trust-launch-fighting-fund/

The way that Ken has just walked away rather supports the suspicion that he did not invest a penny of his own cash in the club.....
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Peter Venkman
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« Reply #413 on: Wednesday, May 8, 2019, 09:10:29 »

Down here Yeovils dream takeover by the American millionaire has fallen through on the verge of him signing, his puppet manager has quit and he has walked away, Yeovil are in deep shit financially.

The Yank was bankrupt twice in the US and the FL did not consider him fit or proper after the test!
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« Reply #414 on: Wednesday, May 8, 2019, 09:49:36 »

Down here Yeovils dream takeover by the American millionaire has fallen through on the verge of him signing, his puppet manager has quit and he has walked away, Yeovil are in deep shit financially.

The Yank was bankrupt twice in the US and the FL did not consider him fit or proper after the test!
Christ, he must be about the only person to ever fail that test.
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horlock07

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« Reply #415 on: Wednesday, May 8, 2019, 09:57:48 »

Oh to be a Bolton fan today, in court and the best solution seems to be administration, reminds me of many a Friday afternoon in the office just constantly refreshing the web to see if we had survived another week.

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Peter Venkman
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« Reply #416 on: Wednesday, May 8, 2019, 09:58:08 »

Christ, he must be about the only person to ever fail that test.

The official line is
Quote

    Yeovil Town FC can confirm that it has not been possible to agree mutually acceptable terms and conditions with Feliciana EFL Limited and Mr. Robert Couhig, so the proposed sale of the Club to them will not go ahead. The Club will continue to seek potential investors whilst concentrating on planning to bounce back from relegation.

– Spokesperson, Yeovil Town Football Club
He could not secure enough funding to actually buy the club and failed the first "fit and proper test" back in February then appealled it and again failed on insuffiecient funding and chose to not appeal it again.

YTFC now actively searching for investors, with Harry Redknapp rumoured to be interested Cheesy
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horlock07

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« Reply #417 on: Wednesday, May 8, 2019, 10:01:28 »

Christ the club are in court fighting for their very survival and Ken decides its a good time to release more ramblings....

https://www.bwfc.co.uk/news/2019/may/a-note-from-from-the-chairman/

TL/DR its not his fault!
« Last Edit: Wednesday, May 8, 2019, 10:03:47 by horlock07 » Logged
tans
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« Reply #418 on: Wednesday, May 8, 2019, 10:02:02 »

Bolton in admin according to their owner. 12 point deduction.

What i dont understand is why were Luton deducted 30 points? Why was there punishment more harsh?
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tans
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« Reply #419 on: Wednesday, May 8, 2019, 10:02:36 »

Christ, he must be about the only person to ever fail that test.

Werent there issues with our esteemed leader passing the test?
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