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Post by one2many on Mar 7, 2016 19:05:17 GMT
So sports shield couldn't even keep their investment team together for two weeks. Bodes well for the future if they do finally take over! I really can't understand why anyone would buy a football team outside the Premiership, especially one losing hundreds of thousands a month and destined to drop down a division where income will reduce even further.
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Post by OohMac on Mar 7, 2016 20:25:38 GMT
Well a club outside the Premiership would be a fraction of the cost. The facilities are there and the club is/was taylor made for a small Premiership club.
Yes the income is less next year but I think the crowd sizes will stay the same if not increase. If we start winning games with young players the fans will still come. We'll lose sponsorship money unless we can be shrewd and offer a longer contract for the same costs. Be a gamble but could mean that if we do gain promotion they could have a championship team for League one costs.
I really don't see how its a terrible investment once the deadwood are gone and a lot will be gone in the summer.
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Post by realtrottersforever on Mar 7, 2016 21:09:04 GMT
I know it's an awful thing to say, but I almost wish we had been put into administration today. I am sick to the back teeth of the whole sorry tale and at least if we went into admin, ED wouldn't get one red cent. Re: DH and his SS consortium, did anyone think it would be any different than it is turning out to be? How can SS promise to make more money for investors than other ways of investing, how many football clubs make money these days? They are already getting cold feet and backing out before the signature on the deal is dry.
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Takeover
Mar 7, 2016 21:23:49 GMT
via mobile
Post by riochforthereebok on Mar 7, 2016 21:23:49 GMT
Well a club outside the Premiership would be a fraction of the cost. The facilities are there and the club is/was taylor made for a small Premiership club. Yes the income is less next year but I think the crowd sizes will stay the same if not increase. If we start winning games with young players the fans will still come. We'll lose sponsorship money unless we can be shrewd and offer a longer contract for the same costs. Be a gamble but could mean that if we do gain promotion they could have a championship team for League one costs. I really don't see how its a terrible investment once the deadwood are gone and a lot will be gone in the summer. Excellent post OoooM One word Bournemouth!!! It can happen. Little Bolton coming back from the dead and rising like a Phoen... etc etc Worse case scenario if we do administration, we start with a clean slate, fresh young players, debt free, the only down side would be if we still had Lennon!! His ship has well and truly sailed and sank but the chutes of recovery can and will happen I'm sure I've just never been confident with the Holdsworth syndicate..
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Post by davidm on Mar 7, 2016 21:34:45 GMT
If we go into administration, does that mean that the agreed deal between Eddie Davies and Sport Shield is dead and buried?
Presumably Dean Holdsworth can re-bid as can other consortia.
Does anyone think that things will be sorted by March 21? I hope so because the judge will not be as tolerant as today.
I think I am losing the urge to live!!!
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Post by one2many on Mar 8, 2016 14:14:57 GMT
Well a club outside the Premiership would be a fraction of the cost. The facilities are there and the club is/was taylor made for a small Premiership club. Yes the income is less next year but I think the crowd sizes will stay the same if not increase. If we start winning games with young players the fans will still come. We'll lose sponsorship money unless we can be shrewd and offer a longer contract for the same costs. Be a gamble but could mean that if we do gain promotion they could have a championship team for League one costs. I really don't see how its a terrible investment once the deadwood are gone and a lot will be gone in the summer. Well argued and i do take your point, but in that case, why aren't there hundreds of investors forming an orderly queue to buy us? I still don't get it, you can invest in stocks and shares, Real Estate, put money in a high interest bank account, buy currency etc All have varying levels of risk, but surely all likely to give you more of a quick return than buying a second (soon to be third) division football club. I am guessing that SS either: 1. Have BWFC best interests at heart and are funded by rich Bolton fans, 2. Are asset strippers or, 3. Are bored, wealthy people who instead of gambling in a Monaco Casino have decided to opt for a long term gamble with our club.
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Post by OohMac on Mar 8, 2016 15:08:56 GMT
I suppose I can only liken it to buying a house that you know the current owners can't afford to keep. It may have a sentimental value to you personally but unless it does you're not going to start negotiations with a desperate seller when you can see it through the the repossession stage.
Dean Holdsworth, quite frankly is playing the "this club does mean something to me" card. I don't believe that. I think he knows if it went it went to auction, so to speak, there will be people with more fire power than him and his team who are willing to pick it up from the scrap heap. So he has to act fairly fast to avoid that without really getting drawn into a quarrel with Eddie Davies.
I think he played it fairly well so far. Fans seem happy, he's letting Eddie have some minor victories too.
I really don't understand much of it to be honest, particularly how you could take over a football cub for 2x £7.5M payments when the stadium costs £35M+?
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Post by andyl on Mar 8, 2016 15:23:53 GMT
I think we have to be quite wary of reading too much into reports in the BN and LoV. The latter especially was helpful yesterday but BN is recycling some of that.
All we know for sure is that both Ed. and Deano at this time think the deal is on and both are happy with it. The stuff about last minute investor drop out is speculative as too the suggested demands of Eddie Davies. The ST challenges are of doubtful motivation It's likely that Football League officials have been bending over backwards to be helpful. If the FL want to stay in touch and help Deano keep on track..good. BN reports this almost as a response to a nobly whistle blowing ST. Is codswallop a correct riposte.
Of course like everyone I deplore this ongoing game of chicken in the high court. I will only relax a little if the deal goes through,HMRC are quieted and bit by bit circumstances improve. And it may be that there are gremlins and skeletons yet to emerge etc.etc But for now we should be hoping and indeed trusting that Eddie D and Deano have BWFC at heart and are doing their best. The ST should be helping if it's to represent me!!
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Post by kazooki on Mar 9, 2016 20:16:37 GMT
OK, so I am very reliably informed that the deal will be completed tomorrow (Thursday). .. expect to see some changes, in particular to the front of the shirt
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Post by OohMac on Mar 9, 2016 20:45:28 GMT
Have ROK Mobile benefited at all from the sponsorship. I still haven't seen a ROK product on sale or people with them?
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Takeover
Mar 10, 2016 10:37:02 GMT
via mobile
Post by riochforthereebok on Mar 10, 2016 10:37:02 GMT
OK, so I am very reliably informed that the deal will be completed tomorrow (Thursday). .. expect to see some changes, in particular to the front of the shirt I just bought one of them ROK replica shirts yesterday, to play 5 A Side in. Only cost me a tenner from the club shop! WOW!!! Why on earth has a man with an amassed fortune of $1.096 billion pulled out of the consortium I wonder!! Bruce Gordon v Dean Holdsworth??? Im not getting it!!!
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Post by andyl on Mar 10, 2016 11:21:09 GMT
Commissioner Gordon working alongside Deano to rid the club of crime was ever a step too far,rftr. But had it been with Bruce...
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Post by davidm on Mar 10, 2016 14:05:22 GMT
TAKEOVER OFFICIALLY COMPLETE
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Post by riochforthereebok on Mar 10, 2016 15:19:56 GMT
The Inner Circle Club was conceived by Patricia Anderson who along with Ken Anderson have used their unique global network of business and social contacts that they have built up over a number of years to create a highly exclusive organisation.
The heart of the Club is to give its members a unique and exceptional global networking experience, to forge partnerships and friendships with individuals and companies alike. The club will give you the opportunity to meet and share interests with people from the business world to Arts and Culture. The club welcomes both male and females of any age to ensure diversity and this has enabled us to build a club with a unique synergy amongst its members that you will not find in any other global networking club.
The Inner Circle Club offers its members the perfect discrete platform to showcase their business opportunities to our members in private surroundings over dinner. The club meet on a regular basis throughout the year at Private dining rooms and Members clubs in London, Europe, USA, Asia & Middle East. Usually 25-35 guests attend each dinner with a mixture of high net worth individuals, angel funds, family office representatives & private equity funders.
However good your skills or products are they amount to very little if you do not have the appropriate network. The Inner Circle Club offers a very selective and exclusively connected social/business dining and global networking club that is simply different from the rest.
More luck with the Magic Circle I'd say
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Post by davidm on Mar 10, 2016 16:24:44 GMT
The Inner Circle Club was conceived by Patricia Anderson who along with Ken Anderson have used their unique global network of business and social contacts that they have built up over a number of years to create a highly exclusive organisation. The heart of the Club is to give its members a unique and exceptional global networking experience, to forge partnerships and friendships with individuals and companies alike. The club will give you the opportunity to meet and share interests with people from the business world to Arts and Culture. The club welcomes both male and females of any age to ensure diversity and this has enabled us to build a club with a unique synergy amongst its members that you will not find in any other global networking club. The Inner Circle Club offers its members the perfect discrete platform to showcase their business opportunities to our members in private surroundings over dinner. The club meet on a regular basis throughout the year at Private dining rooms and Members clubs in London, Europe, USA, Asia & Middle East. Usually 25-35 guests attend each dinner with a mixture of high net worth individuals, angel funds, family office representatives & private equity funders. However good your skills or products are they amount to very little if you do not have the appropriate network. The Inner Circle Club offers a very selective and exclusively connected social/business dining and global networking club that is simply different from the rest. More luck with the Magic Circle I'd say No wonder that I am worried. Deeply deeply worried.
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