And We Thought We Were In A Mess

[irishpete]

Still Parties interested in Bolton.This I would imagine being their "get out" card for being wound up & admin.Judge will give them a few more weeks if this is the case

[sidders]

Good job you're not a bookie then. Offering odds of 1/5 on survival means you think we've got a 83.3% chance of avoiding the drop.

Stop revealing my turf accountancy illiteracy. I just got the 1 and the 5 the wrong way round is all. Wouldn't you rather it was that way?

[LaxtonLad]

Still Parties interested in Bolton.This I would imagine being their "get out" card for being wound up & admin.Judge will give them a few more weeks if this is the case

Good luck with that, Bolton, I imagine the tax bods have heard that one before, I can't see them holding up a winding-up order without definite proof of imminent payment. "Parties interested" won't work it.

[legs77]

I cant see Bolton being wound up I know the debts are big but someone will get a deal done.

Plus I cannot see the league this late in the season just allowing them to fold now, the issue they would have is if some top clubs have took 6 points off them and others only 2-3 points ....you can see them taking legal action as they will see it as them being stopped to a "pot of gold" in the premier league.

[60YearsAPie]

I cant see Bolton being wound up I know the debts are big but someone will get a deal done.

Plus I cannot see the league this late in the season just allowing them to fold now, the issue they would have is if some top clubs have took 6 points off them and others only 2-3 points ....you can see them taking legal action as they will see it as them being stopped to a "pot of gold" in the premier league.

The last team I remember going out of the Football League before the end of the season was Accrington Stanley. They resigned in March 1962 and all their results were expunged (what a great word), thus the final Division 4 league table that season showed every team playing only 44 games.

Their demise was due to unpaid transfer fees of £4,000, a similar amount owing to the Inland Revenue, plus further creditors that came to light at a creditors’ meeting shortly after their last League game, a 4-0 defeat at Crewe.

[irishpete]

Hearing was due @ 10.30

[Chicken Balti Pie]

Macclesfield given more time to pay HMRC, their case adjourned until May

[Chicken Balti Pie]

Bolton given until April 3rd

[Ben the Pie]

Good for them, any word on Bolton?

[Chicken Balti Pie]

Good for them, any word on Bolton?

Bolton have until April 3rd. They claim to have a buyer wanting to pay off the debts but the small turn around of two weeks seems to me to be quite short so don't think they're out of the woods yet