| Bolton in serious trouble on 11:16 - Mar 19 with 2415 views | ITFC_Forever |
Old news.
That happened before the weekend, unless it was back on and now off again. (edit; reading the comments from the Bolton fans on the story, it is last week's news being either late or re-published by Sky).
HMRC are behind the court case and they can't wait to put a club out of business - the bigger the name the better. [Post edited 19 Mar 2019 11:30]
|  |
|  |
| Bolton in serious trouble on 11:20 - Mar 19 with 2374 views | King_of_Portman_Rd |
It's not been that widely published so I think the SSN article is probably overselling the situation a little, otherwise it would be on more media outlets.
I expect they'll go into administration in the next couple of weeks... Or after the season is over with a view to get some emergency support from the EFL in order to sell up in the summer.
Either way it's not good, but I cannot see them going out of existence |  | | |
| Bolton in serious trouble on 11:26 - Mar 19 with 2333 views | uefacup81 |
| Bolton in serious trouble on 11:20 - Mar 19 by King_of_Portman_Rd |
It's not been that widely published so I think the SSN article is probably overselling the situation a little, otherwise it would be on more media outlets.
I expect they'll go into administration in the next couple of weeks... Or after the season is over with a view to get some emergency support from the EFL in order to sell up in the summer.
Either way it's not good, but I cannot see them going out of existence |
From discussions I've seen on here/elsewhere, I'm not sure the EFL would allow them to go into administration.
As I understand it, they need to be in a position to pay off 100% of secured debt, and 25% of all other debt (not sure if I've used the right terms here?).
Apparently their debt to HMRC and banks etc., is to the tune of £20m - money which they don't have. If that's the case, then the EFL will not allow administration. |  |
| |
| Bolton in serious trouble on 11:27 - Mar 19 with 2330 views | ITFC_Forever |
| Bolton in serious trouble on 11:20 - Mar 19 by King_of_Portman_Rd |
It's not been that widely published so I think the SSN article is probably overselling the situation a little, otherwise it would be on more media outlets.
I expect they'll go into administration in the next couple of weeks... Or after the season is over with a view to get some emergency support from the EFL in order to sell up in the summer.
Either way it's not good, but I cannot see them going out of existence |
You kind of get the impression that's what Bolton are banking on happening - football clubs simply not going out of business.
But there is nothing to stop a football club ceasing to exist - and nothing in place it seems to stop Bolton ceasing to exist. | |
| |
| Bolton in serious trouble on 11:56 - Mar 19 with 2140 views | homer_123 |
| Bolton in serious trouble on 11:16 - Mar 19 by ITFC_Forever |
Old news.
That happened before the weekend, unless it was back on and now off again. (edit; reading the comments from the Bolton fans on the story, it is last week's news being either late or re-published by Sky).
HMRC are behind the court case and they can't wait to put a club out of business - the bigger the name the better. [Post edited 19 Mar 2019 11:30]
|
And rightly so.
One pays ones obligations. |  |
| |
| Bolton in serious trouble on 11:59 - Mar 19 with 2110 views | atlanticblue |
| Bolton in serious trouble on 11:56 - Mar 19 by homer_123 |
And rightly so.
One pays ones obligations. |
A fine old club I hope they get themselves sorted |  | | |
| Bolton in serious trouble on 12:17 - Mar 19 with 2014 views | Steve_M |
| Bolton in serious trouble on 11:27 - Mar 19 by ITFC_Forever |
You kind of get the impression that's what Bolton are banking on happening - football clubs simply not going out of business.
But there is nothing to stop a football club ceasing to exist - and nothing in place it seems to stop Bolton ceasing to exist. |
It needs to happen to a club at some point, football needs to understand the notion of moral hazard.
If it were Bolton then that would be even better. |  |
| |
| Bolton in serious trouble on 12:27 - Mar 19 with 1966 views | Marshalls_Mullet |
| Bolton in serious trouble on 11:27 - Mar 19 by ITFC_Forever |
You kind of get the impression that's what Bolton are banking on happening - football clubs simply not going out of business.
But there is nothing to stop a football club ceasing to exist - and nothing in place it seems to stop Bolton ceasing to exist. |
Happened to Rangers, so can surely happen to Bolton. |  |
| |
Login to get fewer ads
| Bolton in serious trouble on 12:31 - Mar 19 with 1937 views | Ryorry |
Jeez. I hate the barstewards for the PO semis in particular, but it's never good to see another league club facing the ultimate trapdoor :( |  |
| |
| Bolton in serious trouble on 12:44 - Mar 19 with 1826 views | EastTownBlue |
| Bolton in serious trouble on 11:27 - Mar 19 by ITFC_Forever |
You kind of get the impression that's what Bolton are banking on happening - football clubs simply not going out of business.
But there is nothing to stop a football club ceasing to exist - and nothing in place it seems to stop Bolton ceasing to exist. |
It's a long time ago now that Aldershot and Maidstone went of out business while in the Football League. | | | |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
