https://www.blackpoolgazette.co.uk/sport/football/every-football-league-club-ranked-in-order-of-how-much-money-they-made-or-lost-last-season-1-9788430?page=18

The 72 EFL teams had a collective net deficit of £388m.
Not the best business to be investing in at the moment is it.

Unless you have a few hundred million to spare and a very good plan to sustain and grow the club then you are wasting your time and money.

If and when the club has new owners, unless the above criteria are met, it's going to be a long and perhaps painful process to get the club somewhere near where the new owners and the fans will want to get to. The thing we have to do now is to accept the reality of the situation and enjoy what we can as we tread the road ahead to stability.

If we look at Leeds United, and other clubs, sometimes achieving that goal will take time unless of course, we are very lucky. Unfortunately, our luck has not been very good for the last three or four years. God willing it will change sometime soon.

Not always about money, Sunderland failed to win promotion. Should have walked league one with the advantage they had.

That is why I said unless we are very lucky. First, we need a new owner with cash, then a good manager, a decent team and the fans to support the club.

The luck will be putting all those elements into place. Unfortunately, we will not be able to pick the owner, the manager or the team. I reckon that any team that can be successful without a large amount of cash injected into the club are very lucky to have hit on a formula that brings them success. We have achieved that in the past, first with Rioch and secondly with Big Sam but I would say that is not the norm. Look at the clubs efforts to succeed since Sam went down the road. It's been nothing short of abysmal.

Swie, Well you won’t get it with Parky that’s for sure,
An ex BWFC player maybe, it would have to be someone who loves the club, and there are some in the club now. that would also help the finances .
12/20 point deduction would be a challenge, but with the RIGHT people in charge it could be done.

We need to get over the ownership hurdle first the sooner we get over that and on with the rest of the rebuilding job the better.
Pre season could prove difficult to arrange the way things stand every step along the way will need time once owners are in they will need to take stock of everything before deciding what to do about the managers job leaving PP in the chair may look easy on paper but is he the manager to chase down the points deficit.

comment by Ye Olde Pasty (U2191)
posted 2 days, 6 hours ago
So it could be
9 + 12 = minus 21 in League 1
But it's the EFL so anything could happen.anybody got the money to lodge an appeal if the worst should happen.
https://www.theboltonnews.co.uk/sport/17664960.wanderers-administrators-seeking-answers-from-efl/
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Pasty, there would be little anyone could do in an appeal against the EFL. They would pay lip service and say thank you for coming but it wasn't us that went on strike, the deduction of points must stand as an example to other clubs.

Golden, I did say that since Sam left It's been nothing short of abysmal. if I was the new owner he would be out as soon as I got through the door. If there was to be no immediate replacement, Jimmy could take the reigns with the proviso that if things didn't work out, he would still have a job with the club.

The door has been opened and closed after Beevers signed a contract for Peterborough. A decent player gone down the tubes as far as we are concerned. How many more may leave before this saga is finished?

Luca Connell on his way home to occupy a sick bed could this be good or bad news for us as it may affect his chances of signing anywhere else until he's fit again. It might even give any new owner time to get in and make a decision on him
https://www.theboltonnews.co.uk/sport/17671815.connell-leaves-ireland-camp-with-thigh-strain/

Connell gets a lot of injuries. Personally i don't think he's ready for regular first team football yet. Off the bench, 1 or 2 games but looks like he has a bit of growth in him yet. Hope he's not one who gets older and goes backwards. Promise there but not the great white hope some seem to say he is. More worried about brockbank who does look ready now out of contract. U

Luca had his special body building diet with while away he'll put some weight on now while he rests up. Harry Brockbanks agent is a busy chap Harry could slip out the door while its quiet.

A week tomorrow the letter box closes so not too long to go before the administrators open the envelopes and begin looking at the bids. If the club ran a sweep for the highest and lowest bids they could raise a few quid towards the bills.

The Exodus continues. Joe Pritchard has joined Accrington Stanley on a 2 year deal. Signed on a free from spurs last summer. Never really impressed me tbh. 22 so probably won't get much better. Vela, ameobi, olkowski and probably all out of contract players have left but not officially announced yet.

Fella at Radio Manchester says Admin has told him deadline for bids is 7th June. There's already a few bids in, and any bids need proof of funds with a non-refundable deposit paid.

Benny, nowt like a clean sweep. its maybe what the new owners want.
Who ever / If ever, they take over. Only time will tell.

I could be one of the tyre kickers who paid the £25,000 to have a look round,
I can divulge all the information you require,
For a fee of £2,000 each but there must be at lest 15 of you.
Well that’s whats what Ken advised me to do.

You've only got a week to find the money EFL approval and slap a bid in.
Be quick fixtures come out a few days after bidding closes.

This feels like one hell of a long couple of weeks, almost as long as those 48hour limits we had.

So a week to go but I don't expect too much information from the administrators for a few days after that. We may find out how many people/consortiums have tabled bids but then the details will have to be sifted through, or will it be dependant on just which is the highest bid, which is what the creditors will want?

t's long off now but it does seem to far away. I'll be pleased when all the waiting is over and done with. There is a team to assemble, hopefully, a new manager, a training program and some pre-season games to organize. I'm sure that there are a plethora of details that will need to be addressed, so an awful lot of work for some lucky people.

I wish we had an edit button on the forum. I wonder if admin 1 could organize that?

if there was an edit button, I would be forever deleting my own posts, and we may never have anymore cryptic messages from pasty

How would I know when to edit a post I don't understand half of mine as it is.

You're not the only one pasty but I find that it gives me a challenge for the day to see if I can decipher what you have written.

I presume the players were due to be paid again yesterday.

Didn't the administrator already state they wouldn't be paid until the new owner is installed?