Bolton issued with winding up petition by HRC

[EastStandRed]

Championship club Bolton Wanderers have been issued with a winding-up petition by HM Revenue & Customs, reports BBC Radio Manchester.

Bolton say they are aware of the new petition and that the situation is being dealt with.

Meanwhile, financial director Shaun McHugh has left just four months after being appointed.

He is the third person to have held the role in the past year following John Pelling and Anthony Massey.

[EastStandRed]

Dock them 20 points for next season. Ridiculous the debts that club has

[DOOALI]

It would be 1 team filling a relegation spot if they did and fully deserved badly run club with a so called big name how many more in our Lg ?

[pass_and_move]

It would be 1 team filling a relegation spot if they did and fully deserved badly run club with a so called big name how many more in our Lg ?

We must be one of the very few clubs in this division who actually adhere to FFP. It's flawed to fck ennyrooard, whats financially fair about astronmical parachute payments? Boro have just spent 15 million on a striker! Its just another rule to screw the smaller clubs over.

The FA should come down very hard on those who don't play by the rules, especially the clubs who've had massive PL money. When luton and Rotherham got a sh1t load o points deducted that year it was harsh. Ok they fecked up but lifes much more difficult at the foot of league 2 where income is at a premium. To me it seems the FA turn a blind eye to the bigger clubs who grossly overspend whilst the clubs struggling to just survive get penalised heavily. It's bollox. The likes of Bolton have gambled huge sums of money in a bid to stay in the greed league. Failed miserably, 170 million in debt, how can they possibly serve that kind of debt?

The last big club i remember getting a points deducted was Portsmouth in 2012.
Any takers for the next Championship club to go into administration?

[Jules88]

perhaps that's why we are not spending all we have.

[Jonnyboy501]

Andy Murray: When he's crap he's Scottish. When he's doing well he's British.

It's a bit like that on this site. When the club are buying players they aren't spending enough and buying better players. "THE BOARD" are crap. When we're talking about other clubs being in ridiculous debt and should be deducted points. "WE" are fantastic coz we are not in the same position (Didnt we do well?).

[Jules88]

Agree Jonny, Totally

[Acido]

Andy Murray: When he's crap he's Scottish. When he's doing well he's British.

No its more like... Andy Murray: When he's crap he's Scottish. When he's doing well he's still a complete banker. whether hes Scotch or not. Well done Sam Querrey by the way for putting him out last week.

As for Bolton's debts, yes its an absolute disgrace and a shambles whats happened there. But why do we bother getting annoyed by it as the FL & FA clearly don't give a monkeys.

[EastStandRed]

Because they're cheating their way through each season spending money they haven't got . Fair enough running with small manageable debts but racking up loans of pushing £200m is scandalous

[Acido]

Because they're cheating their way through each season spending money they haven't got . Fair enough running with small manageable debts but racking up loans of pushing £200m is scandalous

Yes and like I also said, its a disgrace and a shambles etc. But theres nothing we can do about it.
They allowed Brighton to do it for years, and what makes it more sickening is they probably cleared all their debts by 'buying' promotion to the Premship.