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Bolton Nuts » BWFC » Wandering Minds » Where are Bolton getting their money from

Where are Bolton getting their money from

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Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
I got an email from the Bobsworth's investment advisor this afty.

He's a bit of a footie fan and his lad's on Morecambe's books.

'p.s. Where are Bolton getting their money from for 2/3 year contracts! Most in League One and Two only give a year', he wrote.


What should I tell him?



  • A magic money tree?
  • Aunty Sharon's piggy bank?
  • The Co-op bank on security of Sam Allardyce's £100million Reebok Stadium funded, according to the Beeno's esteemed financial guru, by Gordon Hargreaves?
  • Covid loans?
  • The Supporters Trust?
  • Dale Vince?
  • In 2/3 years time we'll be back in the Premiership?
  • Wait for the accounts. They'll only be twelve months out of date when we eventually get to see 'em but at least it'll be a start?

Sluffy

Sluffy
Admin
Maybe we should ask Wanderlust, he's a business advisor and would know all about these things!








(only joking before it all kicks off again!!!)

Hip Priest

Hip Priest
Tony Kelly
Tony Kelly
@Sluffy wrote:Maybe we should ask Wanderlust, he's a business advisor and would know all about these things!








(only joking before it all kicks off again!!!)

Behave yourself! We've got guests coming round. Very Happy Very Happy

wanderlust

wanderlust
Nat Lofthouse
Nat Lofthouse
And the answer is a broad base of investors who are effectively betting on BWFC succeeding.

At some point the business will have to wash it's face.

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
@wanderlust wrote:And the answer is a broad base of investors who are effectively betting on BWFC succeeding.

At some point the business will have to wash it's face.
'A broad base of investors betting on BWFC succeeding!!!!
I'll tell him that. It might amuse him.

Norpig

Norpig
Nat Lofthouse
Nat Lofthouse
We all had a whip round on here while you were away Bob and Nuts now have a seat on the board, surprising what £37 and a few foreign coins can get you these days.

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
@Norpig wrote:We all had a whip round on here while you were away Bob and Nuts now have a seat on the board, surprising what £37 and a few foreign coins can get you these days.
Do you realise that's 74 times more than the 'special friend' of the ST and the Beeno paid?
Any chance we'll be seeing you in Part 2 of  'Born to be a Wanderer'?

Norpig

Norpig
Nat Lofthouse
Nat Lofthouse
@Ten Bobsworth wrote:
Do you realise that's 74 times more than the 'special friend' of the ST and the Beeno paid?
Any chance we'll be seeing you in Part 2 of  'Born to be a Wanderer'?
Afraid not Bob, i'm not very photogenic, it may put people off. I have to have seats around my season ticket kept free so i don't scare anyone.

Sluffy

Sluffy
Admin
@wanderlust wrote:And the answer is a broad base of investors who are effectively betting on BWFC succeeding.

At some point the business will have to wash it's face.

:rofl:

Yeah right...

Care to name any of these broad base of investors who have sunk their money into a club who aren't allowed to have any fans bringing in match day revenues for the last season and a half, who got RELEGATED to the bottom most tier in the national league, who have been under player embargo in all this time, who were all but bottom of the league in January of this year and seemed highly likely to still be in the bottom tier league this season too.

All of these negatives and a broad base of investors still throwing their money in without any form of security???

Investing their money on a team with around 10k ST sales in the bottom reaches of the league turning in some amazing profits in order to get their stake money back - let alone make a profit????

As for backing us to succeed - this will be the start of the third year Sharon has been here and if you haven't noticed we are back to where we started when she took over - and still miles away from breaking even never mind being successful either in league terms or financial wise (we still owe the Administrator his fees yet ffs!!!)

A real life Business Analysis - oh aye, of course you are!!!

:rofl:

I think you've got totally confused with Nick Luckock's involvement with the club, whose private equity money is on a call down arrangement at a set interest rate.  It is a loan arrangement not an investment opportunity.

There might be one or two personal friends of Sharon backing her such as Nick Mason perhaps but certainly nothing like a those imaginary 'broad base' of investors you claim to be!

You're a complete fake mate. why do you even try to make out what you are clearly not???

:facepalm:

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
Lusty seems to me, Sluffy, that he might be so devoid of clues that he doesn't have any clue how clueless he actually is. 

But the mystery remains. If Sharon has friends that are ready to part with £millions, how and when are they going to get their money back?

https://www.marketwatch.com/story/dont-ever-lend-money-to-family-and-friends-its-not-worth-it-2018-11-08

Maybe Terrie and the Dreamers can explain it. After all hasn't Terrence explained to us all that he knows a 'credible business plan' when he sees one?

MartinBWFC

MartinBWFC
Ivan Campo
Ivan Campo
@Ten Bobsworth wrote:Lusty seems to me, Sluffy, that he might be so devoid of clues that he doesn't have any clue how clueless he actually is. 

But the mystery remains. If Sharon has friends that are ready to part with £millions, how and when are they going to get their money back?

https://www.marketwatch.com/story/dont-ever-lend-money-to-family-and-friends-its-not-worth-it-2018-11-08

Maybe Terrie and the Dreamers can explain it. After all hasn't Terrence explained to us all that he knows a 'credible business plan' when he sees one?
And sluffy wants recruits from another site! how would this site attract decent posters when you have obnoxious pricks like this?

Sluffy

Sluffy
Admin
@MartinBWFC wrote:
@Ten Bobsworth wrote:Lusty seems to me, Sluffy, that he might be so devoid of clues that he doesn't have any clue how clueless he actually is. 

But the mystery remains. If Sharon has friends that are ready to part with £millions, how and when are they going to get their money back?

https://www.marketwatch.com/story/dont-ever-lend-money-to-family-and-friends-its-not-worth-it-2018-11-08

Maybe Terrie and the Dreamers can explain it. After all hasn't Terrence explained to us all that he knows a 'credible business plan' when he sees one?
And sluffy wants recruits from another site! how would this site attract decent posters when you have obnoxious pricks like this?

I don't particularly want any 'recruits' from anywhere, who wouldn't want to be here - I mean what's the point in that?

There's a big misconception that because we all post on forums like here and WW that everybody else will want to do so to if only they got to hear about us.

Well they don't!!!

Forums are a thing of the past for most everybody else and that's why they, tweet, Facebook, Instagram and everything that people have been doing for the last ten or fifteen years or whatever.

Nuts has been around long enough to be known about by anyone looking to post on a forum and let's be honest if we liked the casual abuse and hatred and posting five or less words per post, then we most probably wouldn't be on Nuts either would we?

We are what we are, if people don't like it then go and find something more to your taste elsewhere.

We are simply here because we prefer to be here than the other forums or twitter or whatever.


And for the record what is actually wrong with Bobs post?

It's factual in that Wanderlust doesn't know what he is talking about in regards to business financial analysis in what he posts on here.

It's factual that keeping business and family and friends separate to each other is a wise thing to do and that Terence Rigby the Chair of the ST did say he knows a creditable business plan when he sees one.

How is speaking the truth in the manner in which he does make him an "obnoxious prick" in your eyes???

MartinBWFC

MartinBWFC
Ivan Campo
Ivan Campo
@Sluffy wrote:

I don't particularly want any 'recruits' from anywhere, who wouldn't want to be here - I mean what's the point in that?

There's a big misconception that because we all post on forums like here and WW that everybody else will want to do so to if only they got to hear about us.

Well they don't!!!

Forums are a thing of the past for most everybody else and that's why they, tweet, Facebook, Instagram and everything that people have been doing for the last ten or fifteen years or whatever.

Nuts has been around long enough to be known about by anyone looking to post on a forum and let's be honest if we liked the casual abuse and hatred and posting five or less words per post, then we most probably wouldn't be on Nuts either would we?

We are what we are, if people don't like it then go and find something more to your taste elsewhere.

We are simply here because we prefer to be here than the other forums or twitter or whatever.


And for the record what is actually wrong with Bobs post?

It's factual in that Wanderlust doesn't know what he is talking about in regards to business financial analysis in what he posts on here.

It's factual that keeping business and family and friends separate to each other is a wise thing to do and that Terence Rigby the Chair of the ST did say he knows a creditable business plan when he sees one.

How is speaking the truth in the manner in which he does make him an "obnoxious prick" in your eyes?
Belittling folk on a football forum is obnoxious in my eyes, and he's at the forefront of most abusive comments to " twerps " as he likes to label people, his comments to decent posters on here are part of the reason this site is dying.

Sluffy

Sluffy
Admin
@MartinBWFC wrote:
@Sluffy wrote:

I don't particularly want any 'recruits' from anywhere, who wouldn't want to be here - I mean what's the point in that?

There's a big misconception that because we all post on forums like here and WW that everybody else will want to do so to if only they got to hear about us.

Well they don't!!!

Forums are a thing of the past for most everybody else and that's why they, tweet, Facebook, Instagram and everything that people have been doing for the last ten or fifteen years or whatever.

Nuts has been around long enough to be known about by anyone looking to post on a forum and let's be honest if we liked the casual abuse and hatred and posting five or less words per post, then we most probably wouldn't be on Nuts either would we?

We are what we are, if people don't like it then go and find something more to your taste elsewhere.

We are simply here because we prefer to be here than the other forums or twitter or whatever.


And for the record what is actually wrong with Bobs post?

It's factual in that Wanderlust doesn't know what he is talking about in regards to business financial analysis in what he posts on here.

It's factual that keeping business and family and friends separate to each other is a wise thing to do and that Terence Rigby the Chair of the ST did say he knows a creditable business plan when he sees one.

How is speaking the truth in the manner in which he does make him an "obnoxious prick" in your eyes?
Belittling folk on a football forum is obnoxious in my eyes, and he's at the forefront of most abusive comments to " twerps " as he likes to label people, his comments to decent posters on here are part of the reason this site is dying.

The site is dying because the fun has gone out of it and we've had people who have constantly put their own agendas ahead of everybody else's enjoyment - it is as simple as that really.

Is being called twerps really that obnoxious, you've often called me far, far, worse in the past, likened me to Hitler, refer to me as the Fuhrer, maybe you should start to practice what you preach then eh, before calling out anyone else.

Just a thought.

wanderlust

wanderlust
Nat Lofthouse
Nat Lofthouse
@Sluffy wrote:

:rofl:

Yeah right...

Care to name any of these broad base of investors who have sunk their money into a club who aren't allowed to have any fans bringing in match day revenues for the last season and a half, who got RELEGATED to the bottom most tier in the national league, who have been under player embargo in all this time, who were all but bottom of the league in January of this year and seemed highly likely to still be in the bottom tier league this season too.
Ironically if you knew the first thing about investment you would know that mismanaged struggling businesses with assets and a decent customer base are often very attractive to investors - especially when the options are accept our offer or lose everything.

As for the names of the investors you requested:

Sharon Brittan
Mike James
Nick Luckock
Parminder Basran
Jeff Thomas

The bigger issue is that there is an implication in the question posed that BWFC has lots of money - despite the fact that there is no evidence whatsoever. I haven't seen excessive spending have you?
I have seen a load of surmise and speculation though.

Perhaps "Bob" should be asking his friend where Morecambe are getting all their money from given that they've just signed Gnouah who we couldn't afford to keep?

Or is that just spinning it back?

Sluffy

Sluffy
Admin
@wanderlust wrote:
@Sluffy wrote:

:rofl:

Yeah right...

Care to name any of these broad base of investors who have sunk their money into a club who aren't allowed to have any fans bringing in match day revenues for the last season and a half, who got RELEGATED to the bottom most tier in the national league, who have been under player embargo in all this time, who were all but bottom of the league in January of this year and seemed highly likely to still be in the bottom tier league this season too.
Ironically if you knew the first thing about investment you would know that mismanaged struggling businesses with assets and a decent customer base are often very attractive to investors - especially when the options are accept our offer or lose everything.

As for the names of the investors you requested:

Sharon Brittan
Mike James
Nick Luckock
Parminder Basran
Jeff Thomas

The bigger issue is that there is an implication in the question posed that BWFC has lots of money - despite the fact that there is no evidence whatsoever. I haven't seen excessive spending have you?
I have seen a load of surmise and speculation though.

Perhaps "Bob" should be asking his friend where Morecambe are getting all their money from given that they've just signed Gnouah who we couldn't afford to keep?

Or is that just spinning it back?

You really are full of bollocks.

Gnouah was released to free up squad places to bring others in.

If we couldn't afford to keep him then how the fuck can we afford to pay all these new players that we've just signed on three year contracts???

What the hell are you on about that there are 'implications the BWFC have lots of money'???

Sharon and Evatt have consistently told us that they are working within constrained budgets to make the club self-sustainable - does that sound as though we have lots of money particularly knowing Sharon needs to find £3.5m to pay off unsecured creditors and a further £1m to settle with the Administrator and both to be done by the end of this month???

As for these broad base of investors...

@wanderlust wrote:And the answer is a broad base of investors who are effectively betting on BWFC succeeding.

At some point the business will have to wash it's face.

Non of those you've mentioned are effectively betting on BWFC succeeding as Sharon, James and Luckock OWN the club and have guaranteed their investments by securing them against the clubs assets, Basran was never even involved in the first place as an investor, he brokered the deal and left in July 2019 BEFORE the club was even bought which took place the month AFTER.

Similar to with Thomas who bailed out as a director at the end of July 2019 too - and as for his investment he put money in to buy a share ownership which he sold back to the club on quitting his involvement altogether!

Nobody has taken a punt here at all - they all can walk away with the money they put in whatever happens!!!

And finally if Bolton was such an outstanding investment opportunity then where were Ron Billionaire and all the others then?  Why did we end up with the only players in town being Bassini and Sharon (who couldn't even afford to settle the Administrators fees)???

And don't give me the bollocks about having to deal with Anderson - look at how long it took Wigan to find someone to buy them and they didn't even have a former owner to satisfy!

You once again sounded off as though you were clever and knowledgeable about these things and once again you just ended up displaying your ignorance and stupidity and can't face up to being found out yet again.

I'm pretty sure this is where you initially went wrong but instead of holding your hand up you've dug yourself an even deeper hole with all the stupid shit you've posted above!

@Sluffy wrote:I think you've got totally confused with Nick Luckock's involvement with the club, whose private equity money is on a call down arrangement at a set interest rate.  It is a loan arrangement not an investment opportunity.

:facepalm:

wanderlust

wanderlust
Nat Lofthouse
Nat Lofthouse
Load of tosh but I will hold my hand up - like you I have no idea whatsoever how much or how little the Ordinary A shareholders have invested in the club.

Although if you are to be believed we can assume that Nick Luckock was handed a bunch of shares for free. Fortunately I've never had to take out a loan other than a mortgage when I bought my first property but if I ever did I'd be sure to give the lender shares in my business instead of a charge over the assets. Not.

And like you I have absolutely zero knowledge how the club is financing the contracts, how much they are worth or of any caveats that may or may not be contained therein.

Like you, I don't know the P&L, cashflow or current balance.

Fact is you know absolutely sweet fuck all about it but it won't stop you pontificating will it?

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
If he'd still been alive, today would have been the 75th birthday of Eddie Davies and he and Sue could have celebrated together and looked forward to a few more years of Eddie's retirement doing the things they enjoyed doing together.

Sadly all that was denied them both and Sue could be forgiven for thinking it might have been different if Eddie had not spent most of his retirement years living with the stress and trauma of trying to keep BWFC afloat whilst suffering the abuse of TWE*PS and charlatans.

It didn't stop with his untimely death either. Sue may not have known about all of it and may even be able to forgive and forget. I'm afraid I can't.

Growler


Tony Kelly
Tony Kelly
Paying  the clubs creditors 25p in the pound is a good way for football clubs to raise transfer funds.Wigan were the latest club to use this method to outspend their relegation rivals last season

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
@Growler wrote:Paying  the clubs creditors 25p in the pound is a good way for football clubs to raise transfer funds.Wigan were the latest club to use this method to outspend their relegation rivals last season
It does help cashflow if you can avoid £millions owed to secured and unsecured creditors and defer payment for three years.

Sharon's achieved her ambition of owning the majority share in a football club with an impressive stadium and infrastructure for very little outlay. We should know in a couple of weeks how much additional debt has been taken on but only up to a year ago unless she decides to tell us more.

Sluffy

Sluffy
Admin
@wanderlust wrote:Load of tosh but I will hold my hand up - like you I have no idea whatsoever how much or how little the Ordinary A shareholders have invested in the club.

Although if you are to be believed we can assume that Nick Luckock was handed a bunch of shares for free. Fortunately I've never had to take out a loan other than a mortgage when I bought my first property but if I ever did I'd be sure to give the lender shares in my business instead of a charge over the assets. Not.

And like you I have absolutely zero knowledge how the club is financing the contracts, how much they are worth or of any caveats that may or may not be contained therein.

Like you, I don't know the P&L, cashflow or current balance.

Fact is you know absolutely sweet fuck all about it but it won't stop you pontificating will it?

Well fwiw, I will take my right to reply which is as follows.

I have absolutely no idea why you think that I've somehow intimated that Luckock was given free shares in the club???

I've certain not said that or even suggested it.

Secondly have you never watched Dragons Den, as the whole basis of the show is to trade an agreed percentage of the ownership of the 'pitchers' business in return for inwards investment from the dragons.

That's what investors do, they invest.

Some investments being safer than others.

Lenders however loan money against security of the business, they eliminate their risk.

That's what Sharon, James and Luckock have done.

The biggest difference being that  if the business goes into Administration then the shares of that company are immediately worthless - in other words investors have lost their money they had as shareholders and potentially some or all of any unsecured monies they have put into the club.

However if you've loaned against the security of an asset, you will be first in the queue to get your money back!

Therefore Sharon, James and Luckock haven't 'invested' in the club, (well they have in terms of holding shares, they've simply loaned the club money which is secured against the hotel, land, stadium, etc, thus knowing that no matter what they are the first in line to get their money back if all else fails from that security.

I also don't need to know about the clubs contracts to players as it is self evident that your assertion that we couldn't afford to keep Arthur Gnahoua because we didn't have the money to pay his wages next season is obviously ridiculous considering we've since brought in at least FIVE new signings since he was released.

@wanderlust wrote:
Perhaps "Bob" should be asking his friend where Morecambe are getting all their money from given that they've just signed Gnouah who we couldn't afford to keep?

Or is that just spinning it back?

Does anyone believe Arthur was on more than the combined wages of Johnson, John, Aimson, Sheehan and Dapo???

Clearly he wasn't!

I don't need to know the details of the clubs finances to know the difference between share investment and secured loans nor that one fringe player wasn't being paid more in wages than the combined wages of five new players, two or more who are certainly intended to be first team starters.

@wanderlust wrote:And the answer is a broad base of investors who are effectively betting on BWFC succeeding.

At some point the business will have to wash it's face.

And as for pontificating, you are the one who spouted off about "broad base of investors" and the club being unable to fund the wages of Gnahoua, I merely pointed out how ridiculous your claims were!

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
It was plain enough, Sluffy, that, Lusty's comments weren't thought through but at least he commented. What interests me is what is actually going on in 'the boardroom' behind all the PR stuff.

Its apparent that, after a shaky start, real progress is being made on the football side following the recruitment of Ian Evatt. Our investment advisor's lad was on Barrow's books before going to Morecambe last season and he was able to tell me quite a bit about Ian's abilities when Ian was in the frame for the Bolton job. He also, as it happens, told me at that time that Barrow had 'a good goalkeeper'.

Lets be clear though, the Supporters Trust, mainly but not only through Terrence Rigby, sought to trash the memory and reputation of Eddie Davies whilst exonerating Dean Holdsworth of any grounds for criticism. And they went further through Simon Nightingale's 'how do we get rid of these people?'; 'these people' being Michael James, Brett Warburton, the Estate of Eddie Davies and Ken Anderson, who was on the way out in any event. And, of course, the ST had been assisted in their endeavours over a very long period of time by Marc Iles and the Bolton News.

Yet now, under Sharon's leadership and control, the Supporters Trust and the Bolton News are portrayed as the best mates of the club and included in promo videos, whilst Andy Gartside is despatched to the ST's AGM to say how the club wouldn't be where it was today without them. At the time he said it we were either 19th or 20th in the lowest tier of the EFL, so where did that comment come from? I cannot believe that Young Garty was just being polite and now he's also gone or going with little to no explanation.

How does Michael James view all this, I wonder? We never hear from him but he did attend the Memorial Service for Eddie Davies, he knows about the monumental financial sacrifices Eddie made for the club and he was a major part of keeping the club going when Eddie handed over his shares to Anderson/Holdsworth in March 2016. Michael's now a minority shareholder and the only one of the three directors with any longstanding interest in Bolton Wanderers.

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
Chief Financial Officer, Scott Lindsay, on his way out too according to Nixon. How does Nixon get the lowdown no-one else does?

Sluffy

Sluffy
Admin
For what it is worth Bob, Wanderlust should be classed in the same company as the morons and deluded of the ST as he clearly was maniacally vociferous and persistently vocal in his hatred for Anderson and his many time stated belief - and dare I say it, his professional opinion as a business consultant - that Anderson was acting illegally to rape and pillage the club - fwiw I no more believe Wanderlust is a business consultant than I believe that pigs can fly!

However, a bit like Iles I suppose, he was being believed by many off here, no doubt because of both his claim as being an expert in business and financial matters and because of the nearly universal opinion from social media about the hatred towards Anderson fed by the influencers (and Holdsworth supporters) namely Iles and the ST - both of which as you correctly point out having given little to no credit to Eddie Davies for his years of benevolence to the club, and both with personal grievances with Davies - namely his determination to not give away the club to ST and the BEN historical bias against Davies dating back to when he took over ownership of the club.

Wanderlust only continued to comment on the club as a business subsequent to Anderson leaving I believe, simply to continue his pretence to others that he was knowledgeable in such matters - which to the likes of those who have/had professional careers in these fields, could clearly recognise him to be a somewhat of a charlatan.

I believe Wanderlust was seeking something from social media that he was not obtaining from real life and my constant refuting of his so called 'expert' knowledge was  preventing that and thus his maniacal determination to never to be seen wrong himself and his obsession in proving me wrong instead - and thus by doing so proving him to be right all along - led to his attritional and irrational determination to do so no matter what.

The subject of how company's are financially regulated and run within the law is of little to no interest for most people - all that matters to them is what happens on the pitch.

Regrettably most people are easily led by those they read on social media - in this case the likes of Iles, the ST (and for most on Nuts) Wanderlust.

As the saying goes though, you can lead a horse to water but you can not make it drink.

There are many that still believe the narrative of Iles, the ST and Wanderlust, no matter what.

Stupid is as stupid does perhaps?

Sluffy

Sluffy
Admin
@Ten Bobsworth wrote:Chief Financial Officer, Scott Lindsay, on his way out too according to Nixon. How does Nixon get the lowdown no-one else does?

Good spot Bob!



Seeing that Lindsay was only announced on the 15th Feb, it does seem he was brought in for a specific task - to compile the due to be published accounts perhaps?

Still seems odd to me though - where's the successor planning and continuity?

I guess Nixon has the ear of players at the club and their agents and also players and agents the club has been contacting for possible signings.

I had to laugh though when Nixon announced that Kenyon had been at the club for months and Iles had no idea that he was even there!!!

Esteemed journalist, yeah sure he is...!!!

Very Happy

wessy

wessy
El Hadji Diouf
El Hadji Diouf
Groundhog day

BoltonTillIDie

BoltonTillIDie
Nat Lofthouse
Nat Lofthouse
Who believed wander to be an expert? He was just one of many posters who post their opinions, that’s what a forum is for.

Sluffy

Sluffy
Admin
@BoltonTillIDie wrote:Who believed wander to be an expert? He was just one of many posters who post their opinions, that’s what a forum is for.

Wanderlust let it be known several times that he was a Business Consultant.

He let it be known he had a MBA (from a good awarding body too!)

He also let it be known he was the COO of a national NGO.

Now you can be whoever you want to be on social media, that's why I take most of what I read on it with a large pinch of salt - and fwiw, expect others to do the same for anything I say or claim too - but clearly many do believe what they read and have their favourites.

I'm always gobsmacked how easily many folks are fooled by people who they don't know, never met, and may well have hidden reasons for saying what they do.

How many off here thought (maybe even still thinks!) Anderson was some sort of a crook?

Well for the record the Administrators (who were clearly not fans of Anderson either as per their comments about him) OFFICIALLY CLEARED HIM of any illegal running of the club.

How many off here believes the Tory party is riddled with sleaze and corruption?

Well it might be but up to now absolutely NOTHING has been found that could lead to anyone facing prosecution.  Which is amazing considering all the fast amount of skulduggery that has been alleged to have carried on for well over a year now!

Wanderlust set himself up as an 'expert' and many took him at his word - they probably still do - that's up to them.

However I've known that many things he has said or claimed, to be false or fake.

I've simply repudiated these errors/mistruths to give others the true picture - up to them if they want to believe me or not but it now gives them something they could use to better inform themselves if they wanted to.

Where things went very much astray on here was Wanderlust inability/unwillingness/stubbornness/call it what you will to accept/acknowledge/correct himself/whatever and amend his future narrative accordingly.

Instead he would abuse, lie, and do whatsoever he could to avoid accepting his claims/statements/assertions were without substance, merit and often, nonfactual.

He would rather do all that then simply accept he sometimes got things wrong - like we all do.

Even for the internet that was not normal behaviour.

Some like Norpig seem to believe he was only doing it to 'wind me up', get me to 'bite' but I believe it actually runs a lot deeper than that.

I've listed and linked to SIX times I asked him to PLEASE stop doing something (ethnic slurs) that - whether you or he may think is nothing much - but which IS against the law and for which peoplee have been PROSECUTED for.

I think most people would have thought (or even said) how pathetic my request was - but most would have accepted it, even if it was begrudgingly.

Wanderlust carried on the matter over two weeks, three different threads and clearly was never going to stop, so the SEVENTH time he continued on with the issue, was simply one too many for my patience with him.

I believe I gave him ample warnings and opportunities to drop the matter and move on.

But he deliberately chose not to.

This example is just ONE instance of the many, many times I have had to deal with him - and nearly all of them because I challenged his fake or incorrect statements and allegations.

Fine if he or anyone has an opinion, yes that is what forums are about - but when someone shows your opinion to be factually wrong, or reminds you of something you may not have known or have forgotten, then don't people usually take that onboard and reevaluate their views?

Isn't that what forums are about too???

Wanderlust for reasons known only too himself was unwilling/incapable/whatever of accepting he was ever wrong about anything.

I mean we are on the internet, nobody even cares other than himself that he isn't 100% correct on everything he says.

I don't know what he was looking for on the internet but it was clearly something that was missing from his real life - otherwise why behave like he did???

There's plenty of other forums where he can be correct as much as he wants, I hope he finds whatever it is he's looking for.

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
@Sluffy wrote:

Good spot Bob!



Seeing that Lindsay was only announced on the 15th Feb, it does seem he was brought in for a specific task - to compile the due to be published accounts perhaps?

Still seems odd to me though - where's the successor planning and continuity?

I guess Nixon has the ear of players at the club and their agents and also players and agents the club has been contacting for possible signings.

I had to laugh though when Nixon announced that Kenyon had been at the club for months and Iles had no idea that he was even there!!!

Esteemed journalist, yeah sure he is...!!!

Very Happy
I noticed this on another Wanderers forum (not WW) that I visit occasionally. What I also noticed was that one or two of the posters had been doing some homework on the club accounts and were beginning to get some sensible perspective on the financial history. Something of a rarity!

I don't think Lindsay was brought in to do the published accounts. Cowgills will have done that. I suspect his appointment just hasn't worked out to be the right choice. I had my doubts in the first instance.

I also had reservations about the COO appointment. You need someone with the right experience to do that job and I doubt young Garty had it. Paul Aldridge had it and stuck at it to the bitter end without payment. 

https://www.bwfc.co.uk/news/2016/june/paul-aldridge-joins-bolton-wanderers/

I strongly suspect KA would have made it up to him though, probably out of the £237K he held out for.

Ten Bobsworth


El Hadji Diouf
El Hadji Diouf
Does anyone else think that 4% is nowhere near enough interest when:

1. The business you are lending it to can't afford it unless you fund it yourself
2. You can't get your hands on the capital when you need it
3. Previous lenders have had to write off £millions

Its sad that Lusty's not around to explain it all but the Bobsworth's investment advisor wouldn't be the Bobsworth's investment advisor for very long if that was the best he could come up with.



Last edited by Ten Bobsworth on Mon Jun 21 2021, 08:59; edited 1 time in total

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