theboltonnews.co.uk/sport/14097992.Eddie_Davies_will_wipe_off_debt_at_Wanderers_when_club_is_sold___Trevor_Birch
Tremendous news for the fans
Tremendous news for the fans
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Correct. Hopefully we have new owners who will sort that out too. Possibly make redundancies. Maybe the busses will have to goBoggersbelief wrote:Even without the debt we are still pissing away £1million a month. Hope the new owners have deep pockets to cover that and also invest in at least 5 actual footballers
Boggersbelief wrote:Even without the debt we are still pissing away £1million a month. Hope the new owners have deep pockets to cover that and also invest in at least 5 actual footballers
Battersea_Fan wrote:I think we should all record our thanks to Eddie for all the money he has put into the club, all the great times and players that has bought and the generosity he has shown to write off the debt and give the club the chance of a new start on stable financial foundations.
Thank you Eddie.
If this deal is what is claims to be I am absolutely gobsmacked.Biggie wrote:Battersea_Fan wrote:I think we should all record our thanks to Eddie for all the money he has put into the club, all the great times and players that has bought and the generosity he has shown to write off the debt and give the club the chance of a new start on stable financial foundations.
Thank you Eddie.
A touching sentiment. Good point.
Not so sure Boggers. They say ownership which implies that the article is saying neither bid is proceeding but the club is still up for sale and anyone who does buy the club won't have to pay Eddie.Boggersbelief wrote:Think they meant they wouldn't change the manager, wandy
wanderlust wrote:Not so sure Boggers. They say ownership which implies that the article is saying neither bid is proceeding but the club is still up for sale and anyone who does buy the club won't have to pay Eddie.Boggersbelief wrote:Think they meant they wouldn't change the manager, wandy
If I was REALLY paranoid I might be thinking that maybe this Q and A was a smokescreen? A clever way to slip out the news that there's no takeover. Maybe there is a reason why they backed off? Something they're not telling us?
What is sure is that nothing has changed yet.
you have a very suspicious mind Sluffy but you may be right. Just being debt free will be a large weight of everyone's shouldersSluffy wrote:The bulk of the money being written off comes from investors from the Moonshift Investment company (of which Davies was a director I believe).
I don't believe for one second that the £185 million being written off is / was Davies personal money.
I also find it convenient that the seemingly favoured Holdsworth bid is from a company that didn't even exist a few months back.
I suspect that whoever 'lost' their money on the Moonshift investment are probably the same people who look likely to get a debt free club and all the assets on a giveaway sale of the club by Davies by being the 'investors' behind the Holdsworth bid.
Just my opinion.
Norpig wrote:
you have a very suspicious mind Sluffy but you may be right. Just being debt free will be a large weight of everyone's shoulders
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