| Bolton still leading the race to go bust first. 13:53 - Apr 29 with 4445 views | ITFC_Forever |
Bassini apparently reneging on all his promises to Anderson (who'd have thought it? Laurence Bassini, proven snake and crook not seeing this through), players still not paid for March and April's wages due tomorrow.
Still unknown as to when the Brentford game will be played - been pencilled in for Wednesday, but no-one can confirm it.
Football League ordering Bolton to play even if they have to play youth team (so they are effectively bullying 16-18 year olds to break a strike when they may very well have not been paid either).
Good job BWFC's two remaining games are against mid-table sides I suppose. |  |
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| Bolton still leading the race to go bust first. on 13:58 - Apr 29 with 3772 views | factual_blue |
The youth team players should just go out and sit on the pitch for 90 minutes. |  |
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| Bolton still leading the race to go bust first. on 13:59 - Apr 29 with 3756 views | GlasgowBlue |
| Bolton still leading the race to go bust first. on 13:58 - Apr 29 by factual_blue |
The youth team players should just go out and sit on the pitch for 90 minutes. |
Our first team has been doing that for most of this season. |  |
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| Bolton still leading the race to go bust first. on 14:03 - Apr 29 with 3731 views | SouperJim |
When you consider just three years ago Eddie Davies wrote off £170m of their debt when he sold the club to Anderson, football is in a dreadful state. Operating losses of Championship clubs are frightening. |  |
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| Bolton still leading the race to go bust first. on 14:08 - Apr 29 with 3677 views | AlexGreen |
| Bolton still leading the race to go bust first. on 13:59 - Apr 29 by GlasgowBlue |
Our first team has been doing that for most of this season. |
That really made me laugh! |  |
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| Bolton still leading the race to go bust first. on 14:17 - Apr 29 with 3628 views | No9 |
An FA problem = due diligence never done and no punishments handed out |  | | |
| Bolton still leading the race to go bust first. on 14:19 - Apr 29 with 3627 views | Guthrum |
Some of the commentators on R5L on Saturday lunchtime were getting quite angry about that point of the EFL demanding that teenagers break the strike, just to prevent their own loss of face (in not having taken earlier and more decisive action themselves).
Tho someone did point out that the EFL, as a representative body of its member teams, somewhat lacks the mandate to force clubs to act on internal financial affairs without collegiate agreement (which proved difficult enough to achieve and make effective with the FFP saga). |  |
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| Bolton still leading the race to go bust first. on 14:20 - Apr 29 with 3622 views | ITFC_Forever |
| Bolton still leading the race to go bust first. on 14:03 - Apr 29 by SouperJim |
When you consider just three years ago Eddie Davies wrote off £170m of their debt when he sold the club to Anderson, football is in a dreadful state. Operating losses of Championship clubs are frightening. |
Yep, and the sooner a few clubs go bust, the better. It'll be a disaster for the fans of those clubs, but as an industry, it will serve football right. | |
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| Bolton still leading the race to go bust first. on 14:21 - Apr 29 with 3608 views | ITFC_Forever |
| Bolton still leading the race to go bust first. on 14:17 - Apr 29 by No9 |
An FA problem = due diligence never done and no punishments handed out |
Indeed, if Bassini's takeover is allowed to go through, it'll be the biggest farce ever. | |
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| Bolton still leading the race to go bust first. on 14:22 - Apr 29 with 3603 views | No9 |
| Bolton still leading the race to go bust first. on 14:03 - Apr 29 by SouperJim |
When you consider just three years ago Eddie Davies wrote off £170m of their debt when he sold the club to Anderson, football is in a dreadful state. Operating losses of Championship clubs are frightening. |
"Operating losses of Championship clubs are frightening."
It has been forecast that several teams will not be able to strat next season.
I have no way of telling if this is fact | | | |
| Bolton still leading the race to go bust first. on 14:23 - Apr 29 with 3608 views | Guthrum |
| Bolton still leading the race to go bust first. on 14:03 - Apr 29 by SouperJim |
When you consider just three years ago Eddie Davies wrote off £170m of their debt when he sold the club to Anderson, football is in a dreadful state. Operating losses of Championship clubs are frightening. |
Yes. I really don't understand why more fan rage is not directed at the football authorities who have let things get to this state, who have allowed the sport to become a festival of cupidity and untrammeled greed.
But instead owners are abused for not adding fuel to the fire by even wilder overspending. | |
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| Bolton still leading the race to go bust first. on 14:31 - Apr 29 with 3562 views | Guthrum |
| Bolton still leading the race to go bust first. on 14:22 - Apr 29 by No9 |
"Operating losses of Championship clubs are frightening."
It has been forecast that several teams will not be able to strat next season.
I have no way of telling if this is fact |
Perhaps Marcus Evans' long game (of relative financial responsibility, or at least keeping losses under control) will pay in the end. | |
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| Bolton still leading the race to go bust first. on 14:36 - Apr 29 with 3538 views | No9 |
| Bolton still leading the race to go bust first. on 14:31 - Apr 29 by Guthrum |
Perhaps Marcus Evans' long game (of relative financial responsibility, or at least keeping losses under control) will pay in the end. |
I s'pose it is possible that could work & it is also likley there will be a few cheap players around? | | | |
| Bolton still leading the race to go bust first. on 14:39 - Apr 29 with 3514 views | MrTown |
Said on here when it broke, a man who has already been bankrupt twice, did not have a glossy record as Watford owner taking over from another crook.
Just a recipe for disaster. The saga goes on. |  |
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| Bolton still leading the race to go bust first. on 14:39 - Apr 29 with 3516 views | WarkTheWarkITFC |
| Bolton still leading the race to go bust first. on 14:31 - Apr 29 by Guthrum |
Perhaps Marcus Evans' long game (of relative financial responsibility, or at least keeping losses under control) will pay in the end. |
He will be hailed as a genius.
As 63 clubs go to the wall, we will be promoted to the Premier League as a consequence, wipe out the debt and end up being in a better position than most of the clubs above us.
Champions of England 2026. Lol. | |
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| Bolton still leading the race to go bust first. on 14:42 - Apr 29 with 3496 views | MrTown |
Bassini never fulfilled his promise of paying players before Brentford game (he said so live on Sky Sports).
His financial check should not be taking this long, I understand that you have to forensically analyse his accounts but something can't be right. | |
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| Bolton still leading the race to go bust first. on 14:43 - Apr 29 with 3491 views | Binner |
| Bolton still leading the race to go bust first. on 14:23 - Apr 29 by Guthrum |
Yes. I really don't understand why more fan rage is not directed at the football authorities who have let things get to this state, who have allowed the sport to become a festival of cupidity and untrammeled greed.
But instead owners are abused for not adding fuel to the fire by even wilder overspending. |
Thankfully we have an owner who cares about the club and continues to put in big money year on year.
Those who are agitating for protests against him need their bumps felt. |  |
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| Bolton still leading the race to go bust first. on 14:47 - Apr 29 with 3446 views | WarkTheWarkITFC |
| Bolton still leading the race to go bust first. on 14:42 - Apr 29 by MrTown |
Bassini never fulfilled his promise of paying players before Brentford game (he said so live on Sky Sports).
His financial check should not be taking this long, I understand that you have to forensically analyse his accounts but something can't be right. |
The whole thing seemed off from the get go.
Bassini said he would be paying the player wages in the same interview he confirmed they hadn't yet done due diligence and before he'd been approved by the FA as a fit and proper person.
Who seriously hands over millions as a goodwill gesture to a club they may end up not wanting to buy or potentially cannot be allowed to run! | |
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| Bolton still leading the race to go bust first. on 14:55 - Apr 29 with 3375 views | Guthrum |
| Bolton still leading the race to go bust first. on 14:47 - Apr 29 by WarkTheWarkITFC |
The whole thing seemed off from the get go.
Bassini said he would be paying the player wages in the same interview he confirmed they hadn't yet done due diligence and before he'd been approved by the FA as a fit and proper person.
Who seriously hands over millions as a goodwill gesture to a club they may end up not wanting to buy or potentially cannot be allowed to run! |
Plus that may run afoul of rules about third parties having an interest in players. | |
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| Bolton still leading the race to go bust first. on 14:58 - Apr 29 with 3356 views | ITFC_Forever |
| Bolton still leading the race to go bust first. on 14:55 - Apr 29 by Guthrum |
Plus that may run afoul of rules about third parties having an interest in players. |
Anderson is going to make a further statement tonight if Bassini hasn't got his act together.
Bolton are next in court on 8th May.... they'll do very well not to be in admin and then liquidation come close of business on that day.
Any other business wouldn't have had this many chances from the courts, I don't know why football clubs think they are above this? They've had more chances than a monopoly board. | |
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| Bolton still leading the race to go bust first. on 15:23 - Apr 29 with 3260 views | MrTown |
| Bolton still leading the race to go bust first. on 14:47 - Apr 29 by WarkTheWarkITFC |
The whole thing seemed off from the get go.
Bassini said he would be paying the player wages in the same interview he confirmed they hadn't yet done due diligence and before he'd been approved by the FA as a fit and proper person.
Who seriously hands over millions as a goodwill gesture to a club they may end up not wanting to buy or potentially cannot be allowed to run! |
The longer the deal goes on the more likely it will capitulate imo.
Due diligence on his finances should have been done by now, or certainly begun. It takes no longer than 60 days, but i don't think it has even begun on Bassini yet, which would indicate he has provided the right accounts for it to begin.
And yet he turned up to court in a brand new all white Rolls Royce, got more front than Southend. | |
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| Bolton still leading the race to go bust first. on 15:29 - Apr 29 with 3217 views | Marshalls_Mullet |
Bassini has no money, thats the biggest issue. |  |
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| Bolton still leading the race to go bust first. on 15:41 - Apr 29 with 3169 views | Ace_High1 |
It would be great if they did, something needs to happen.
Absolute joke how Bassini can be classed as a suitable owner and every time Anderson speaks he comes across as even more incompetent. |  | | |
| Bolton still leading the race to go bust first. on 15:48 - Apr 29 with 3133 views | MrTown |
| Bolton still leading the race to go bust first. on 15:29 - Apr 29 by Marshalls_Mullet |
Bassini has no money, thats the biggest issue. |
Always a bit of a stumbling block when buying a business. | |
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| Bolton still leading the race to go bust first. on 16:47 - Apr 29 with 2998 views | GodBlue |
| Bolton still leading the race to go bust first. on 15:41 - Apr 29 by Ace_High1 |
It would be great if they did, something needs to happen.
Absolute joke how Bassini can be classed as a suitable owner and every time Anderson speaks he comes across as even more incompetent. |
This.
Given he also has previous for alleged ‘financial impropriety’ at Watford, I’m absolutely amazed he meets any ‘fit and proper’ measures that are supposedly upheld by the FA!
Really tough for Bolton fans. I feel for them. Even if he takes over, I can’t imagine this is the end. |  |
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| Bolton still leading the race to go bust first. on 17:19 - Apr 29 with 2909 views | Swansea_Blue |
| Bolton still leading the race to go bust first. on 15:29 - Apr 29 by Marshalls_Mullet |
Bassini has no money, thats the biggest issue. |
I wouldn't want him anywhere near us. Nice little summary of his shady past here - https://www.theguardian.com/football/2019/apr/18/watford-former-bankrupt-owner-l
One thing I couldn't believe was that after his year in charge of Watford getting them into trouble he sold out for just £550k to the Pozzo family in 2012. What a purchase that was. At that time they weren't doing much differently to us on the pitch. |  |
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