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Bolton Wanderers in administration with 12 point deduction - confirmed


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I'll never forget that sinking feeling of us being put in to administration. It seems like very similar circumstances here as we were heading in the right direction on the pitch with a small squad.

What i will say is from the points direction the most fantastic team spirit was created. We saw leaders emerge in Sean Derry, Clint Hill, Paddy McCarthy and Alan Lee. We saw players like Matt Lawrence, Johnny Ertl, and Calvin Andrew morph in to good players that gave 110% every game. Then we saw legends be created in the likes of Julian Speroni, Danny Butterfield and Darren Ambrose. Easily my favourite team of all time that created some fantastic memories.

There is hope, and I'm sure there's enough characters at Bolton to produce something similar.

Hopefully this will lead to a localised consortium taking control of the club. In modern football that is the way forward.

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Apparently it's not over yet. 

Seems Ken might be sliming his way out if this monumental shitstorm, and I have no idea how. His initial offer was to pay off the loan with... you guessed it... Another loan! 

I'm guessing he's gone cap in hand to the other Directors, namely Brett Warburton - (buy more loaves of Warbies today guys), and Eddie Davies (again, seems to be the saviour). It's a fucking shambles.

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21 minutes ago, StefBWFC said:

Apparently it's not over yet. 

Seems Ken might be sliming his way out if this monumental shitstorm, and I have no idea how. His initial offer was to pay off the loan with... you guessed it... Another loan! 

I'm guessing he's gone cap in hand to the other Directors, namely Brett Warburton - (buy more loaves of Warbies today guys), and Eddie Davies (again, seems to be the saviour). It's a fucking shambles.

Hope nothing comes of it mate, since you had a really solid start to the new season.

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8 minutes ago, Fairy In Boots said:

Some players earning 5mill a quarter and down the road a founding member of league football is in administration because of 4 million pound. Speaks volumes about how perverse this sport has become. 

Fuck all will change though

That is a baseless and utterly pointless argument. Why should the earnings of a player at, I presume, Manchester City or United be used as a comparison to the debts of another club? There’s literally no correlation between the two and footballers at the top level shouldn’t be vilified for this.

Bolton’s, or more specifically, their owners, failings shouldn’t be turned into a Footballers earn too much argument. It’s effectively the “Soldiers should get Footballers Wages” argument people used to have on Facebook. 

Top Footballers shouldn’t have to give hand outs to clubs who are mismanaged anyway. It then just becomes a free for all to go by the “boom and bust” mantra, knowing full well that there are no consequences for such poor management. 

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1 hour ago, Smiley Culture said:

That is a baseless and utterly pointless argument. Why should the earnings of a player at, I presume, Manchester City or United be used as a comparison to the debts of another club? There’s literally no correlation between the two and footballers at the top level shouldn’t be vilified for this.

Bolton’s, or more specifically, their owners, failings shouldn’t be turned into a Footballers earn too much argument. It’s effectively the “Soldiers should get Footballers Wages” argument people used to have on Facebook. 

Top Footballers shouldn’t have to give hand outs to clubs who are mismanaged anyway. It then just becomes a free for all to go by the “boom and bust” mantra, knowing full well that there are no consequences for such poor management. 

Can't disagree with anything you've said there, but it does highlight the massive, massive disparity between the haves and have-nots in English football.

It says it all that fans of upper-middle clubs the size of ours are praying for charity just to stay afloat, let alone compete outside the Prem!

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7 hours ago, Smiley Culture said:

That is a baseless and utterly pointless argument. Why should the earnings of a player at, I presume, Manchester City or United be used as a comparison to the debts of another club? There’s literally no correlation between the two and footballers at the top level shouldn’t be vilified for this.

Bolton’s, or more specifically, their owners, failings shouldn’t be turned into a Footballers earn too much argument. It’s effectively the “Soldiers should get Footballers Wages” argument people used to have on Facebook. 

Top Footballers shouldn’t have to give hand outs to clubs who are mismanaged anyway. It then just becomes a free for all to go by the “boom and bust” mantra, knowing full well that there are no consequences for such poor management. 

I was referring to the level of financial disparity that has arisen in the game not that players earn fabulous wages. 

Im effectively a socialist when it comes to football though, wage caps, ring fences ticket pricing, subsidies etc I’m massively in favour of. 

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8 hours ago, Smiley Culture said:

That is a baseless and utterly pointless argument. Why should the earnings of a player at, I presume, Manchester City or United be used as a comparison to the debts of another club? There’s literally no correlation between the two and footballers at the top level shouldn’t be vilified for this.

Bolton’s, or more specifically, their owners, failings shouldn’t be turned into a Footballers earn too much argument. It’s effectively the “Soldiers should get Footballers Wages” argument people used to have on Facebook. 

Top Footballers shouldn’t have to give hand outs to clubs who are mismanaged anyway. It then just becomes a free for all to go by the “boom and bust” mantra, knowing full well that there are no consequences for such poor management. 

Not entirely true, the market inflation caused by clubs like Manchester United etc has been going on for 20 plus years. This causes the rise in wages which increasingly sees clubs at the bottom end struggling to keep up. Don't get me wrong, the fault is Bolton's and their owners but football's increasingly corporate, mass wealth atmosphere will start killing off clubs at a fast rate soon.

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On 10/09/2018 at 23:17, StefBWFC said:

You are a spineless, slimeball cunt, Anderson.

https://www.bwfc.co.uk/news/2018/september/a-note-from-the-chairman4/

I wanted to write a massive diatribe, but I can't be arsed. The fucking chancer can DIAHF. Vermin.

Sad news is this mate, i had no idea the situation you were in.

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On 11/09/2018 at 11:08, StefBWFC said:

Apparently it's not over yet. 

Seems Ken might be sliming his way out if this monumental shitstorm, and I have no idea how. His initial offer was to pay off the loan with... you guessed it... Another loan! 

Been confirmed this now. Seems like a strategy destined to end in disaster.

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10 hours ago, The Palace Fan said:

Been confirmed this now. Seems like a strategy destined to end in disaster.

*Clunk* 

That's the sound of the can being kicked down the road. Until a mythical buyer is found, this will repeat and repeat, as the club is only now just beginning to break even. 

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14 hours ago, Stan said:

Sorry to hear about this @StefBWFC. Never nice to hear about clubs getting screwed over by bad businessmen who have made terrible decisions over the years. Hope you can recover from this.

Could potentially change the thread title... Looks like the owner has put it to bed for a while. Still there's no security and the owner hasn't got a pot to piss in. We're screaming for cash...

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