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Bolton Nuts » BWFC » Bolton Wanderers News » Manic Monday: Football Ventures given deadline to produce answers

Manic Monday: Football Ventures given deadline to produce answers

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karlypants

karlypants
Nat Lofthouse
Nat Lofthouse
Wanderers’ opening day fixture against Wycombe could be put under review by the EFL if the Football Ventures consortium fail to get their takeover across the line today.

League bosses are running out of patience with the consortium, who have been ready to complete a deal to buy the club for some time and they now want some assurances the season curtain-raiser at Adams Park will not be affected.

An official statement was issued by the EFL last week, where new executive chair Debbie Jevans expressed “significant concern” at Wanderers’ situation – but behind the scenes and over the weekend, Bolton’s potential new owners and administrators of both the club and hotel have been pressed hard for answers.

Players and staff at Wanderers are growing increasingly impatient at the delays but have been told there could be an update at the training ground today.

If the squad remains unpaid, there are no guarantees that Phil Parkinson will be able to pick his contracted senior players for the Wycombe game, which might force the league into pre-emptive action if they feel the integrity of the competition could be comprimised.

It is understood Football Ventures are now at an advanced stage to buy The Bolton Whites Hotel, having solved a funding issue on Friday. But the time taken to achieve a sale has already had a major impact on recruitment, season ticket and merchandising sales.

The EFL have already got tough with neighbouring Bury, who have been warned they must provide financial documentation for their League One clash with MK Dons to go ahead.

Wanderers are at least going into the new season on the back of a victory, courtesy of Erhun Oztumer’s second-half goal in a behind-closed-doors friendly against Salford City, played at Lostock on Saturday.

He is one of seven contracted players who started the game – although former Sheffield United full-back Danny Lafferty was not included in the squad. He is expected to resume training at Lostock this week.

Harry Brockbank, David Wheater, Craig Conway and Ben Pringle are among the players who are waiting on news of a contract.

Meanwhile, former Wanderers keeper Jake Turner is reportedly on trial with Premier League Newcastle United after administrators did not offer him a new contract this summer.

Source

BoltonTillIDie

BoltonTillIDie
Nat Lofthouse
Nat Lofthouse
EFL Statement: Bolton Wanderers and Bury FC
Just now
Following extensive discussions with the Administrators of Bolton Wanderers, the ownership at Bury and the Professional Footballers’ Association (PFA) over the course of the weekend some progress has been achieved in regard to the respective challenges they currently face.
However, concerns do remain and both Clubs are required to provide confirmation to the League’s satisfaction that they can meet all outstanding commitments.
To give both Clubs the maximum opportunity to comply with the request, a deadline of 5pm on Monday 29 July has been set for them to provide the EFL with the necessary evidence. The 5pm cut-off point replaces the noon deadline issued to Bury, which was confirmed on Friday evening.
If the information is not received, the EFL Board is likely to suspend the opening day fixtures against Wycombe Wanderers (Bolton Wanderers) and MK Dons (Bury) under the provision of EFL Regulation 28.2.
The EFL will continue to offer its full assistance and support to both Clubs in order to achieve the objective of securing long-term futures for them but with the season now a matter of days away there is no other option but for all outstanding matters to be brought to a conclusion.

MartinBWFC

MartinBWFC
Frank Worthington
Frank Worthington
On Bolton - latest issue is with payment plan offered to departed players. 20% of outstanding wages now, rest over next two years. Believe PFA recommending they accept (run risk of nothing if club liquidated). 

sunlight

sunlight
Nicolas Anelka
Nicolas Anelka
The wage thing is their own fault, apparently were paying higher wages than they ought to in the championship and onwards downwards. You can find players who would have done a better job in the last two years than those lot. and theyd play for Bolton at a fraction of the price.

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