Bolton Wanderers

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1964white
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Bolton Wanderers

Post by 1964white » Mon Sep 10, 2018 10:07 pm

Administration likely

Screenshot 2018-09-10 at 23.05.37.png
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Gandalf
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Re: Bolton Wanderers

Post by Gandalf » Mon Sep 10, 2018 10:33 pm

A two season transfer embargo, and an immediate 12 point penalty according to their chairman.

https://www.bwfc.co.uk/news/2018/septem ... chairman4/
Delapsus Resurgam - When I fall I shall rise!

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gessa
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Re: Bolton Wanderers

Post by gessa » Tue Sep 11, 2018 8:04 am

Gandalf wrote:
Mon Sep 10, 2018 10:33 pm
A two season transfer embargo, and an immediate 12 point penalty according to their chairman.

https://www.bwfc.co.uk/news/2018/septem ... chairman4/

Doesn't look good for them.
That transfer embargo could see them in league 2 . Not good to see.

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Re: Bolton Wanderers

Post by lufc1304 » Tue Sep 11, 2018 8:09 am

Whilst sad to see, this isn't a huge surprise. I know a couple of Bolton fans, the club has been carrying huge amounts of debt (10s of millions) relative to size (dates back to Allardyce and their Prem days and paying the likes of Okocha etc). The debt was being underwritten by the owner, but it seems he can no longer do so.
"When the going gets weird, the weird get professional!" Hunter S Thompson

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Chilli D
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Re: Bolton Wanderers

Post by Chilli D » Tue Sep 11, 2018 10:02 am

Once again the players, fans and the club itself are made to suffer due to poor management by those running the club. It is never those who put the club into the position they now find themselves in who are held accountable.
A 12 point deduction will put them on -1 and will make it tough for them to avoid relegation coupled with the fact that many of the players will look to jump ship in January during the next window. It's all too familiar to what we went through in those dark days of 2004 and beyond.
Despite our frustrations at our limited spending during the transfer window I do have faith that the club is being run better from a financial point of view, it certainly seems that way.
The only people I feel sorry for are the fans who pay their hard earned money every week in all weathers to watch their team only to have this dropped on them.

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Re: Bolton Wanderers

Post by faaip » Tue Sep 11, 2018 2:16 pm

Sympathies to Bolton fans everywhere, horrible thing to happen to your football club.
I don't mean to sound cold, cruel or vicious...

....but I am...

....so that's how it comes out

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Re: Bolton Wanderers

Post by SG90 » Tue Sep 11, 2018 7:12 pm

Feel sorry for the fans as it's not their fault and they're the ones who suffer.

The finances in English football are absolutely dreadful. I know Radz gets some criticism for not spending fortunes, but at least we are self sustainable and can survive without him. Most clubs in England are entirely reliant on either Sky/BT money or sugar daddies. Bournemouth for example are 92% reliant on TV money as part of their turnover, they are completely screwed when they go down. This is all on the FA/FL for not getting clubs to spend to their turnover, ffp was meant to stop this but it's made things even worse, as clubs are gambling everything on 2 attempts at promotion.
What I want from an owner: 1. Ambition. 2. Wage bill control. 3. Cut spending on loan fees. 4. Better scouting. 5. Get bigger fees for our best players. 6.No ego.

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Re: Bolton Wanderers

Post by Norm » Tue Sep 11, 2018 7:53 pm

faaip » Tue Sep 11, 2018 9:16 am

Sympathies to Bolton fans everywhere, horrible thing to happen to your football club.
Yes, and we do know what it's like - sincere regret for your club and you all as supporters.

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