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Bolton going into administration?

Sad for the fans.

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

posted on 11/9/18

No admin according to Blumarble.

What the EFL do however, is another thing entirely.

posted on 11/9/18

Not Eddie Davies, that rumour wrong, local business man called Michael James. No administration as reported, no news yet of what action the EFL will take. What's next? The club owe money left right and centre and ken Anderson hasn't the money to fund the club. Looks like the club have been robbing Peter to pay Paul for months. That's with over £10m raised selling holding , Clough and madine.

posted on 11/9/18

15 points, who gives a &@£#
We're super Leeds and we're going up

posted on 11/9/18

Long short tall, it’s a long season, but then again who gives a $@£#.

posted on 11/9/18

Hope they get it sorted. I'd like to see them do well instead of the constant financial nightmares they get drawn into.

posted on 11/9/18

Incredibly bad news Eddie Davies has passed away aged 72.

posted on 12/9/18

As we didn't actually go into administration I think the likelihood of having points deducted is negligible. Ihope I'm right.

Thanks to you supporters who offered sympathy with our plight. On a sad note, our ex-owner Eddie Davies passed away yesterday..

posted on 12/9/18

Looks like the EFL did everything to avoid giving you any points deduction and rules were broken. Which is very good news for you.

We on the other hand got nice hefty -15 for breaching EFL rules (after the initial -10), no let off.

posted on 12/9/18

Since we did NOT go into administration nor do a very shady Ken Bates led deal in order to avoid actually paying our debts I'd say the circumstances are very different lufc-Harrogate.

Furthermore we haven't broken any rules at all. The only thing that happened is BluMarble decided to renege on a deal they'd already agreed to and tried to grab all their cash plus interest in one go but had to back down when they realised it wasn't there and if they proceeded they'd become liable for the club's other debts. Wisely they decided they'd accept the offer they'd already said yes to once already after all.

Finally, as to us having debts all over the place no we don't, at least not the way some posters on here mean. All the remaining debts are being properly serviced as per the individual agreements reached to do so.

With that said, Karl Henry seems to feel he's owed a bonus of some kind I think it's significant that he chose to voice that on Twitter without talking to the club, EFL or even the PFA first. If he is owed the money then of course he should be paid but surely he would have been better going to the professionals who could have helped expedite that rather than having a tantrum on social media?

posted on 12/9/18

Put this on the match thread but hey ho. Here's kens take on it https://www.bwfc.co.uk/news/2018/september/a-note-from-the-chairman5/

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